BS Economics
Bachelor of Science (BS) Economics program
About the Program:
Bachelor of Science (BS) Economics program is a 4-year degree program designed to give students a solid foundation in Economics. The program provides a well-coordinated curriculum and prepares the students for entry level positions in private and public sector corporations, development organizations, banks, education and research organizations. A wide range of courses offered in this program give students ample opportunities to broaden their knowledge base. The Economics research project in the 4th year enables students to apply the quantitative tools learned in the program to the economic and financial problems in the public and private sectors.
Curriculum structure | |
---|---|
Duration | 4 years |
Semesters | 8 |
Courses | 40 |
Research project | 1 |
Total credit hours | 126 |
Required courses:
Section |
Course category |
Courses |
Credit Hours |
A |
University core courses |
4 |
12 |
B |
Economics core courses |
16 |
50 |
C |
Economics elective courses |
4 |
12 |
D |
Supporting courses (Mathematics 3 and Statistics 2) (core) |
5 |
15 |
E |
Non-specialization courses (3 core + 8 electives) |
11 |
33 |
F |
Economics research project (core) |
1 |
4 |
|
Total |
41 |
126 |
A. University core courses:
Course title |
Course code |
Credit Hours |
|
English Grammar & Composition |
SSC101 |
3 |
|
Pakistan History |
SSC151 |
3 |
|
Speech Communication |
HUM201 |
3 |
|
Socioeconomic Philosophy of Islam (SEPI) / Philosophy, Logic and Ethics (PLE)** |
SSC301/HUM357 |
3 |
|
*All Muslim students are required to register for SEPI. Non-Muslim students may take either SEPI or PLE. |
B. Economics core courses
Course title |
Course code |
Credit hours |
Pre-requisite |
Principles of Microeconomics |
ECO103 |
3 |
- |
Principles of Macroeconomics |
ECO104 |
3 |
- |
Intermediate Microeconomics |
ECO201 |
3 |
ECO103 |
Intermediate Macroeconomics |
ECO202 |
3 |
ECO104 |
Development Economics |
ECO301 |
3 |
ECO103/ECO104/ECO105 |
Data Analytics for Economists |
ECO304 |
3 |
ECO203 |
Mathematical Economics |
ECO303 |
3 |
MTS101/MTS104 |
Microeconomic Theory |
ECO312 |
3 |
ECO201 |
Macroeconomic Theory |
ECO313 |
3 |
ECO202 |
Applied Econometrics I |
ECO343 |
4 |
MTS202 |
Applied Econometrics II |
ECO344 |
4 |
ECO343 |
Major Issues in Pakistan Economy |
ECO403 |
3 |
ECO203 |
Contemporary Issues in Global Economics |
ECO404 |
3 |
EOC104/ECO105 |
Research Methods in Economics |
ECO411 |
3 |
ECO343 |
International Trade or International Economics |
ECO466/ECO305 |
3 |
ECO103, ECO104 |
History of Economic Thought |
ECO467 |
3 |
ECO104/ECO105 |
C. Economics elective courses
Students can select any four economics elective courses. Currently, following elective courses are being offered:
Course title |
Course code |
Credit hours |
Pre-requisite |
Public Economics |
ECO401 |
3 |
ECO201 |
Public Finance |
ECO451 |
3 |
ECO104/ECO105 |
Monetary Economics |
ECO452 |
3 |
ECO202 |
Time Series Econometrics |
ECO457 |
3 |
ECO343 |
Climate Change Economics |
ECO458 |
3 |
ECO103 |
International Finance |
ECO459 |
3 |
ECO103, ECO104 |
Natural Resource and Environmental Economics |
ECO461 |
3 |
ECO201 |
Game Theory |
ECO464 |
3 |
ECO201/ECO211 |
Health Economics |
ECO471 |
3 |
ECO201 |
Labour Economics |
ECO472 |
3 |
ECO201 |
D. Supporting courses (Mathematics & Statistics)
Course title |
Course code |
Credit hours |
Pre-requisite |
Calculus I |
MTS101 |
3 |
- |
Introduction to Statistics |
MTS102 |
3 |
- |
College Algebra* |
MTS105 |
3 |
- |
Statistical Inferences |
MTS202 |
3 |
MTS102 |
Linear Algebra |
MTS203 |
3 |
MTS104/MTS101 |
Calculus II |
MTS113 |
3 |
MTS104/MTS101 |
* College Algebra is a non-credit course and is offered only for those students who do not have a Mathematics background. Students will not be required to pay the fees for College Algebra. |
E. Non-specialization elective courses
Course title |
Course code |
Credit hours |
Pre-requisite |
Introduction to Computer Applications |
MIS103 |
3 |
- |
Essential Software |
MTS111 |
3 |
- |
Introduction to Academic Writing |
SSC236 |
3 |
- |
Non-specialization elective I |
- |
3 |
- |
Non-specialization elective II |
- |
3 |
- |
Non-specialization elective III |
- |
3 |
- |
Non-specialization elective IV |
- |
3 |
- |
Non-specialization elective V |
- |
3 |
- |
Non-specialization elective VI |
- |
3 |
- |
Non-specialization elective VII |
- |
3 |
- |
Non-specialization elective VIII |
- |
3 |
- |
Non-specialization elective courses
Students can select 8 courses from any discipline other than Economics, including: Accounting, Finance, Marketing, Management, Social Sciences and Liberal Arts, Mathematics, Statistics, and Computer Science. |
F. Research project
Course title |
Course code |
Credit hours |
Pre-requisite |
Final Year Economics Project |
ECO441 |
4 |
- |
Semester-wise sequence of courses
Freshman | Semester - 1 |
Course code |
Credit hours |
Pre-requisite |
1 |
Principles of Microeconomics |
ECO103 |
3 |
- |
2 |
Introduction to Computer Applications |
MIS103 |
3 |
- |
3 |
Introduction to Statistics |
MTS102 |
3 |
- |
4 |
Pakistan History |
SSC151 |
3 |
- |
5 |
English Grammar and Composition |
SSC101 |
3 |
- |
6 |
College Algebra* |
MTS105 |
3 |
- |
|
Semester - 2 |
Course code |
Credit hours |
Pre-requisite |
1 |
Principles of Macroeconomics |
ECO104 |
3 |
- |
2 |
Speech Communication |
HUM201 |
3 |
- |
3 |
Calculus I |
MTS101 |
3 |
- |
4 |
Socioeconomic Philosophy of Islam (SEPI) / Philosophy, Logic and Ethics (PLE)** |
SSC301/HUM357 |
3 |
- |
5 |
Non-specialization elective I |
- |
3 |
- |
Sophomore |
Semester - 3 |
Course code |
Credit hours |
Pre-requisite |
1 |
Intermediate Microeconomics |
ECO201 |
3 |
ECO103 |
2 |
Linear Algebra |
MTS203 |
3 |
MTS104/MTS101 |
3 |
Calculus II |
MTS MTS113 |
3 |
MTS104/MTS101 |
4 |
Introduction to Academic Writing |
SSC236 |
3 |
- |
5 |
Non-specialization elective II |
- |
3 |
- |
|
Semester - 4 |
Course code |
Credit hours |
Pre-requisite |
1 |
Intermediate Macroeconomics |
ECO202 |
3 |
ECO104 |
2 |
Development Economics |
ECO301 |
3 |
ECO103/ECO104/ECO105 |
3 |
Essential Software |
MTS111 |
3 |
- |
4 |
Statistical Inferences |
MTS202 |
3 |
MTS102 |
5 |
Non-specialization elective III |
- |
3 |
- |
Junior |
Semester - 5 |
Course code |
Credit hours |
Pre-requisite |
1 |
Data Analytics for Economists |
ECO304 |
3 |
MTS111, MTS202 |
2 |
Mathematical Economics |
ECO303 |
3 |
MTS101/MTS104 |
3 |
Microeconomic Theory |
ECO312 |
3 |
ECO201 |
4 |
Applied Econometrics I |
ECO343 |
4 |
MTS202 |
5 |
Non-specialization elective IV |
- |
3 |
- |
6 |
Personal Effectiveness *** |
SSC240 |
- |
- |
|
Semester - 6 |
Course code |
Credit hours |
Pre-requisite |
1 |
Macroeconomic Theory |
ECO313 |
3 |
ECO202 |
2 |
Applied Econometrics II |
ECO344 |
4 |
ECO343 |
3 |
Major Issues in Pakistan Economy |
ECO403 |
3 |
ECO203 |
4 |
International Trade or International Economics |
ECO466/ECO305 |
3 |
ECO103, ECO104 |
5 |
Non-specialization elective V |
- |
3 |
- |
Senior |
Semester - 7 |
Course code |
Credit hours |
Pre-requisite |
1 |
Research Methods for Economics |
ECO411 |
3 |
ECO343 |
2 |
History of Economic Thought |
ECO467 |
3 |
ECO104/ECO105 |
3 |
Economics elective I |
ECO- |
3 |
- |
4 |
Economics elective II |
ECO- |
3 |
- |
5 |
Non-specialization elective VI |
- |
3 |
- |
6 |
Final Year Economics Project |
ECO441 |
4 |
- |
|
Semester - 8 |
Course code |
Credit hours |
Pre-requisite |
1 |
Contemporary Issues in Global Economics |
ECO404 |
3 |
EOC104/ECO105 |
2 |
Economics elective III |
ECO- |
3 |
- |
3 |
Economics elective IV |
ECO- |
3 |
- |
4 |
Non-specialization elective VII |
- |
3 |
- |
5 |
Non-specialization elective VIII |
- |
3 |
- |
* College Algebra is a non-credit course and is offered only for those students who do not have a Mathematics background. Students will not be required to pay the fees for College Algebra. **All Muslim students are required to register for SEPI. Non-Muslim students may take either SEPI or PLE. ***Personal Effectiveness will be offered during either the 5th or 6th semester. This is a non-credit course and is a part of graduation requirement. It consists of five 2-hour workshops distributed over the whole semester. Important note: Students are eligible to carry out their responsible citizen initiative (RCI)/social internships right after their 1st year of studies/2nd semester and should complete this mandatory graduation requirement by the end of their 3rd year of studies/6th semester. |