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.