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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:
Phone: (+92-21) 38104700

CURRICULUM STRUCTURE
Duration: 4 years
Semesters: 8
Courses: 40
Research Project: 1

Total Credit Hours: 128

Required Courses

Section

Course category

Courses

Credit Hours

A

University Core Courses

4

12

B

Economics core courses

11

35

C

Economics Electives

2

6

D

Mathematics core coursesd

11

35

E

Mathematics electives

2

6

F

Non-specialization courses (core-6 & electives-4)

10

30

G

Research Project in Economics or Mathematics (core)

1

4

  Total Courses

41

128


A. University Core Courses

Course Title

Course Code

Total Credit Hours

English Grammar and Composition

SSC101

3

Pakistan History

SSC151

3

Speech Communication

HUM357

3

Socioeconomic Philosophy of Islam or Philosophy, Logic and Ethics*

SSC301/HUM357

3


*All Muslim students are required to register for SEPI. Non-Muslim students may take either SEPI or PLE.

 

 

B. Economics core sourses

Course Title

Course Code

 Credit Hours

 Pre-requisite

Principles of Microeconomics

ECO103

3

 -

Principles of Macroeconomics

ECO104

3

 -

Intermediate Microeconomics

ECO201

3

 ECO103, MTS101

Intermediate Macroeconomics

ECO202

3

ECO104, MTS101

Development Economics I

ECO203

3

 ECO103, ECO104

Microeconomic Theory

ECO312

3

 ECO201

Macroeconomic Theory

ECO313

3

 ECO202

Applied Econometrics I

ECO343

4

MTS202

Applied Econometrics II ECO344 4

 ECO341

Research Methods for Economics ECO411 3

 ECO303

International Trade or International Economics ECO466/ECO305 3

 ECO103, ECO104

Economics Elective I ECO- 3

 -

Economics Elective II ECO- 3

 -

 

 

C. Economics electives (2 to be selected from the following list)

Course Title

Course Code

Credit Hours

Pre-requisite

Public Economics

ECO401/ECO567 3 ECO103, ECO104/ECO531, ECO532 & ECO533
Public Finance ECO451 3 ECO103, ECO104
Monetary Economics ECO452/ECO566 3 ECO103, ECO104
Time Series Econometrics ECO457 3 MTS202
Climate Change Economics ECO458/ECO551 3 ECO103, ECO104
Natural Resource and Environmental Economics ECO461 3 ECO103, ECO104
Game Theory/Game Theory & Competitive Strategy ECO464/ECO573 3 ECO103, ECO104
Health Economics ECO471/ECO563 3 ECO103, ECO104
Labour Economics ECO472 3 ECO103, ECO104
Economic Forecasting ECO555 3 ECO537
Public Policy Analysis: Theory and Practice ECO560 3 ECO531/501/102 /104 /103/113
Environmental and Resource Economics ECO561 3 ECO531, ECO533
Financial Economics ECO562 3 ECO531, ECO533
Time Series Modeling ECO570 3 ECO537
Industrial Economics ECO571 3 ECO631
Water Economics and Policy ECO574 3 -
Microeconomics for Policy Analysis ECO575 3 ECO531/301/312/501
Social Impact Evaluation ECO577 3 -
Contemporary Issues in Global Economics ECO404 3 ECO103, ECO104
History of Economic Thought ECO467 3 ECO103, ECO104
Development Economics II ECO302 3 ECO103, ECO104
Major Issues in Pakistan Economy ECO403 3 ECO103, ECO104

 

 

D. Mathematics core course

Course Title

Course Code

Credit Hours

Pre-requisite

Calculus-I with Plane Geometry MTS101 3 -
Discrete Mathematics MTS211 3 -
Calculus-II with Solid Geometry MTS232 3 MTS101
Linear Algebra MTS203 3 -
Introduction to Differential Equations MTS241 3 MTS101
Multivariable Calculus MTS242 4 MTS232
Partial Differential Equations MTS436 3 MTS241
Optimization Techniques MTS330 3 MTS203
Stochastic Process MTS304 3 MTS231
Probability & Statistical Models MTS430 3 MTS231
Real Analysis I MTS341 4 MTS232
Mathematics elective I MTS- 3 -
Mathematics elective II MTS- 3 -


1. “Multivariable Calculus (MTS242)” could be counted in place of “Calculus III (MTS204)” but vice-versa is not applicable.
2. “Partial Differential Equations (MTS436) is equivalent to “Advance Differential Equations (MTS303)”.
3. “Real Analysis I (MTS341) could be counted in place of “Real Analysis (MTS301)” but vice-versa is not applicable.

 

E. Mathematics electives (2 to be selected from the following list)

Course Title

Course Code

Credit Hours

Pre-requisite

Abstract Algebra I MTS305 3 MTS203
Abstract Algebra II MTS413 3 MTS305
Complex Analysis MTS302 3 MTS341
Functional Analysis I MTS411 3 MTS341
Functional Analysis II MTS412 3 MTS411
Numerical Analysis MTS306 3 MTS232
Topology I MTS451 3 MTS341
Numerical Solutions of PDE MTS431 3 MTS414
Integral Equations MTS432 3 MTS303
Advanced Numerical Analysis I MTS433 3 MTS414
Advanced Numerical Analysis II MTS434 3 MTS433
Differential Geometry MTS435 3 MTS204, MTS203
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 MTS413
Modern Algebra II (Commutative Rings & Fields) MTS444 3 MTS413
Measure Theory I MTS445 3 -
Measure Theory II MTS446 3 -
Operations Research I MTS447 3 -
Operations Research II MTS448 3 -
Scientific Computing for Linear PDE’s MTS414 3 MTS413
Intoduction to Differential Topology MTS452 3 MTS451
Financial Engineering MTS453 3 MTS441

 

 

F. Non-specialization courses

 

Course Title

Course Code

Total Credit Hours

Pre-requisite

Introduction to Statistics MTS102 3 MTS105
Statistical Inference MTS202 3 MTS102
Probability Theory1 MTS231 3 MTS102
Essential Software MTS111 3 -
Foundations of Data Science CSE- 3 -
Introduction to Acadamic Writing SSC- 3 -
Non-specialization elective-I - 3 -
Non-specialization elective-II - 3 -
Non-specialization elective-III - 3 -
Non-specialization elective-IV - 3 -

1 “Probability Theory (MTS231) is equivalent to “Applied Probability Theory (MTS112)”.

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, Social Sciences and Liberal Arts, Computer Sciences, or any other field.

 

G. Research project

Course Title

Course Code

Total Credit Hours

Pre-requisite

Economics Research Project or Mathematics Research Project* ECO441/MTS471 4 -

*Students can take either ECO441 or MTS471.

Semester Wise Courses
Semester Wise Courses
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