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BS Economics & Mathematics

BS (Economics and Mathematics) is a 4-year degree program with double majors in economics and mathematics. It is designed to give students a solid foundation in both economics and mathematics. The program provides a well coordinated curriculum for students interested in pursuing masters or PhD in economics and mathematics. It prepares the students for entry level positions in private and public sector corporations, banks, insurance companies, investment companies, education and research organizations. The program consists of 150 credit hours. Major disciplines of economics and mathematics have 54 credit hours each. The remaining 42 credits are for university core courses and courses from other disciplines like social sciences, management and accounting. The wide range of courses offered in this program give students ample opportunity to broaden their knowledge base. The economics research project in the fourth year enables students to apply the quantitative tools learnt in the program to real economics and financial problems in the public and private sectors.

 

ADMISSION REQUIREMENT
BS applicants must possess a mathematical background. Applicants must have completed their:

Higher Secondary School Certificate (Pre-Engineering or General Group with Mathematics) with a minimum of 60% marks
OR
'A' Levels with a minimum of 1 'B' and 2 'C's in 3 principal subjects (including Mathematics) such that there should be no grade less than 'C' across the 3 principal subjects.
OR
American / Canadian High School Diploma with a minimum of 80% or an International Baccalaureate with at least 24 points out of 45. All other degree holders must provide an equivalency certificate from IBCC.

CONTACT INFORMATION
For any queries regarding the program, please contact:

Dr. Adnan Haider, Program Coordinator, BS Economics and Mathematics
Assistant Professor, Economics and Finance
Phone: (+92-21) 38104700 (Ext 2675)
Email: ahaider@iba.edu.pk

CURRICULUM STRUCTURE
Duration: 4 years
Semesters: 8
Courses: 48
Research Project: 1

Total Credit Hours: 150

Required Courses

Section

Knowledge Area

Courses

A

University Core Courses

4

B

Economics

16

C

Mathematics

19

D

Non-Specialization Area

9

  Total Courses

48


A. University Core Courses

Course Title

Course Code

Total Credit Hours

English Grammar and Composition

SSC101

3

Speech Communication

SSC201

3

Pakistan History

SSC151

3

Islamic Studies/ Ethics

NA

3


 

 

B. Economics

Course Title

Course Code

Total Credit Hours

Principles of Microeconomics

ECO103

3

Principles of Macroeconomics

ECO104

3

Intermediate Microeconomics

ECO113

3

Intermediate Macroeconomics

ECO114

3

Microeconomics

ECO312

3

Macroeconomics

ECO313

3

Development Economics

ECO301

3

Major Issues in Pakistan’s Economy

ECO403

3

Research Methods in Economics

ECO411

3

Introduction to Econometrics

ECO341

4

Applied Econometrics

ECO342

4

International Trade

ECO412

3

Economics Elective-1

ECO×××

3

Economics Elective-2

ECO×××

3

Economics Elective-3

ECO×××

3

Economics Elective-4

ECO×××

3

Final year research project

ECO441/MTS471

4

 

 

C. Mathematics

Course Title

Course Code

Total Credit Hours

Calculus-1 & Plane Geometry       

MTS101

3

Mathematical Methods

MTS110

3

Calculus-2 & Solid Geometry

MTS232

3

Linear Algebra

MTS203

3

Discrete Mathematics

MTS211

3

Differential Equations

MTS401

3

Real Analysis     

MTS301

3

Complex Analysis

MTS302

3

Advanced Differential Equations  

MTS303

3

Stochastic Processes

MTS304

3

Abstract Algebra-I

MTS305

3

Numerical Analysis

MTS306

3

Functional Analysis-1      

MTS411

3

Functional Analysis-2

MTS412

3

Abstract Algebra-II         

MTS413

3

Scientific Computing for Linear PDEs.

MTS414

3

Mathematics Elective-1

MTS×××

3

Mathematics Elective-2

MTS×××

3

 

 

D. Non-Specialization Area

Course Title

Course Code

Total Credit Hours

Introduction to Computer Applications

MIS103

3

Essential Software

MTS111

3

Introduction to Statistics

MTS102

3

Statistical Inference

MTS202

3

Applied Probability

MTS112

3

Regression Analysis and Experiment Design

MTS210

3

Non-Specialization Elective-1

××××××

3

Non-Specialization Elective-2

××××××

3

Non-Specialization Elective-3

××××××

3

Non-Specialization Elective-4

××××××

4

 

 

ECONOMICS ELECTIVES

Course Title

Course Code

Total Credit Hours

Public Finance

ECO451

3

Islamic Economic System

ECO452

3

Labor Economics

ECO453

3

Population Economics

ECO454

3

Comparative Economic System

ECO455

3

Natural Resource and Environmental Economics

ECO461

3

Monetary Economics

ECO466

3

Rural Development

ECO462

3

Financial Economics

ECO463

3

Game Theory

ECO464

3

International Political Economy 

ECO465

3

Health Economics

ECO471

3

Resource Economics

ECO463

3

Welfare Economics

ECO473

3

Urban Economics

ECO472

3

Regional Economics

ECO469

3

Agricultural Economics

ECO468

3

History of Economic Thought

ECO467

3

Economics and Strategy

ECO456

3

 

 

MATHEMATICS ELECTIVES

 

Course Title

Course Code

Total Credit Hours

Numerical Solutions of PDE

MTS431

3

Integral Equations

MTS432

3

Advanced Numerical Analysis I

MTS433

3

Advanced Numerical Analysis II

MTS434

3

Differential Geometry

MTS435

3

Fluid Dynamics I

MTS437

3

Fluid Dynamics II

MTS438

3

Financial Mathematics with a computational approach

MTS441

3

Computational Finance

MTS442

3

Modern Algebra I  (Galios Theory & Applications)

MTS443

3

Modern Algebra II (Commutative Rings & Fields)

MTS444

3

Measure Theory I

MTS445

3

Measure Theory II

MTS446

3

Operations Research I

MTS447

3

Operations Research II

MTS448

3

Topology I

MTS451

3

Topology II (Differential Topology)

MTS452

3

 

 

 

 

 

 

 

 

NON-SPECIALIZATION ELECTIVES


Four courses are to be chosen from courses other than Mathematics and Economics. These non-specialization electives may be from different subject areas including Accounting, Finance, Marketing, Management and Social Science.

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