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MS Economics
 

MS (Economics) program is designed to provide a solid background in theory, quantitative methods, and applications appropriate to the needs of economists involved in policy planning, analysis, and forecasting of public and private sectors. The curriculum of this program has been designed to meet the international standards. We hope the students will find the program to be intellectually challenging and personally rewarding.

This program emphasizes on applied economics, and caters to the growing market for economic analysts. Graduates from this program will be able to teach and conduct quality research in the fields of their interest, and will be prepared for careers in universities, research organizations, business enterprises, government organizations, and multinational companies.

Eligibility:
Candidates must have a minimum 16 years of education / equivalent degree in any discipline recognized by HEC with minimum 2.5 out of 4.0 CGPA or 60% marks in the last degree. All equivalency claims shall be evaluated by HEC.

Experience is not a mandatory requirement for admission to this program.

Candidates awaiting results may apply for admission. In such cases the admission will be conditional pending submission of the required results before the date of commencement of classes.

Admission Criteria:
Admissions to all programs at the IBA are granted on merit, and there are no reserved seats of any category. The criterion for admission is the performance of the applicant in aptitude test and interview. The aptitude test is a written test from three subjects: English, Mathematics and Economics.

Candidates who have a minimum 650 score in quantitative section of GRE (International) or 160 score in quantitative section of Revised GRE (International)are exempted from the IBA admission test.

The candidates who pass the aptitude test qualify for the interview.

- MS (Economics) 2 years
- Maximum time allowed 5 years

Financial Assistance:
All full time MS students will be provided financial support (Rs. 30,000 / - per month for maximum of two years) through teaching and research assistantship programs at IBA. Students seeking financial assistance, must register in four courses in each semester in Fall and Spring semesters. After the first semester in the program, eligibility for financial support is 3.0 CGPA in courses taken in MS (Economics) program at IBA.

Requirements for MS (Economics)

Course requirements are given as:

- MS Courses: 48 Credit Hours (16 Courses)
- MS Thesis: 9 Credit Hours

 

Required Courses for MS Economics

 

Course Load 

 

 

Course 

Credit Hours 

A

Foundation Courses

5

15 

B

Core Courses

7

21

C

Elective Courses

4

12 

D

Thesis 

1

 

Total Credit Hours

17 

57

 

Semester-wise sequence of MS courses 

First Year 

Semester – 1 (FALL)

Course Code

Credit Hours

Pre-Requisite

1

Microeconomic Theory I

ECO531

3

ECO533

2

Macroeconomic Theory I

ECO532

3

-

3

Mathematics for Economists

ECO533

3

-

4

Mathematical Statistics and Linear Algebra

MTS536

3

-

 

Semester – 2 (Spring)

Course Code

Credit Hours

Pre-Requisite

1

Microeconomic Theory II

EC0631

3

ECO531

2

Macroeconomic Theory II

EC0632

3

ECO532

3

Econometrics I

ECO537

3

MTS536

4

Issues in Pakistan Economy

ECO530a

3

ECO531, ECO532

 

Semester – 3 (Summer)

Course Code

Credit Hours

Pre-Requisite

 

Mandatory Field Internships

Second Year 

Semester – 4 (Fall)

Course Code

Credit Hours

Pre-Requisite

1

Econometrics II

ECO538

3

MTS536, ECO537

2

International Trade

ECO539

3

ECO531

3

Development Economics 

ECO530b

3

ECO531, ECO532

4

Elective I

-

3

-

 

Semester – 5 (Spring)

Course Code

Credit Hours

Pre-Requisite

1

Research Methodology

ECO591

3

ECO5381 631 & 632

2

Elective II

-

3

-

3

Elective III

-

3

-

4

Elective IV

-

3

-

 

Semester – 6 & 7 (Summer & Fall)

Course Code

Credit Hours

Pre-Requisite

 

MS Thesis

EC0699

9

-

 

List of Elective Courses

Course Title

 

Course Code

 

Credit Hours

 

Pre-Requisite

 

Economic Forecasting

ECO555

3

ECO537, ECO570

Environmental and Resource Economics

ECO561

3

EC0631, ECO533

Financial Economics

ECO562

3

Ec0531, ECO533

Health Economics

ECO563

3

EC0631

History of Economic Thought

ECO564

3

-

Islamic Economics

ECO565

3

ECO531, ECO532

Monetary Economics

ECO566

3

EC0632

Public Economics

ECO567

3

ECO531, 532 & 533

Transport Economics

ECO568

3

ECO531, ECO533

Time Series Modeling

ECO570

3

ECO537

Industrial Economics

ECO571

3

EC0631

General Equilibrium and Welfare Economics

ECO572

3

EC0631, ECO533

Game theory and Competitive Strategy

ECO573

3

EC0631

Combinatorial Optimization

CSE654

3

ECO533 & ECO531

Labor Economics

EC0654

3

EC0631, ECO538

 

Public Policy Analysis: Theory and Practice

 

ECO560

 

3

ECO531 / ECO501 / ECO102 / ECO104 / ECO103/113

The Microeconomics of Public Policy Analysis

ECO575

3

ECO301 / ECO312 /ECO501 / ECO531

Environmental and Resource Economics

ECO561

3

ECO301 / ECO312 /ECO501 / ECO531

Water Economics and Policy

ECO574

3

ECO301 / ECO312 /ECO501 / ECO531

 

Dissertation Defense: Students are expected to submit and defend their dissertation within next six months after successfully completion of their course work.

For further details Visit: economics.iba.edu.pk

 

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

Dr. Khadija Bari
Chairperson, Economics Department
Phone: (+92-21) 38104700 (Ext 1622)
Fax: +9221-38103008
kbari@iba.edu.pk

 

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