Bachelor of Science (BS) Economics and Mathematics program
About the Program:
BS Economics and Mathematics is a 4year degree program that contains fundamental components of two fields of study: Economics and Mathematics. The program prepares the students for entrylevel positions in private and public sectors, development organizations, banks, insurance companies, investment companies, education sector, and research organizations. A wide range of courses offered in this program give students several opportunities to broaden their knowledge and expand their horizon. The research project in the fourth year enables students to apply the quantitative tools learnt in the program to economic and financial problems in the public and private sectors.
Curriculum structure 

Duration 
4 years 
Semesters 
8 
Courses 
40 
Final year project Economics/ Mathematics 
1 
Total credit hours 
128 
Required courses:
Section 
Course category 
Courses 
Credit hours 

A 
University core 
4 
12 

B 
Economics core courses 
11 
35 

C 
Economics electives 
2 
6 

D 
Mathematics core courses 
11 
35 

E 
Mathematics electives 
2 
6 

F 
Nonspecialization courses (core6 and electives4) 
10 
30 

G 
Final year project Economics/ Mathematics 
1 
4 


Total 
41 
128 
A. University core courses
Course title 
Course code 
Credit hours 
Speech Communication 
HUM201 
3 
English Grammar and Composition 
SSC101 
3 
Pakistan History 
SSC151 
3 
Socioeconomic Philosophy of Islam (SEPI) / Philosophy, Logic and Ethics (PLE)** 
SSC301 / HUM357 
3 
B. Economics core course
Course title 
Course code 
Credit hours 
Prerequisite 
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 
Microeconomic Theory 
ECO312 
3 
ECO201 
Macroeconomic Theory 
ECO313 
3 
ECO202 
Applied Econometrics I 
ECO343 
4 
MTS202 
Applied Econometrics II 
ECO344 
4 
ECO343 
Research Methods for Economics 
ECO411 
3 
ECO343 
International Trade or International Economics 
ECO466/ECO305 

ECO103, ECO104 
Economics Elective I 
ECO 
3 
 
Economics Elective II 
ECO 
3 
 
*All Muslim students are required to register for SEPI. NonMuslim students may either take SEPI or PLE 
C. Economics electives (2 to be selected from the following list)
Course title 
Course code 
Credit hours 
Prerequisite 
Public Economics 
ECO401 
3 
ECO201 
Major Issues in Pakistan’s Economy 
ECO403 
3 
ECO203 
Contemporary Issues in Global Economics 
ECO404 
3 
EOC104/ECO105 
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 Recourse and Environmental economics 
ECO461 
3 
ECO201 
Game Theory 
ECO464 
3 
ECO201/ECO211 
History of Economic Thought 
ECO467 
3 
ECO104/EOC105 
Health Economics 
ECO471 
3 
ECO201 
Labour Economics 
ECO472 
3 
ECO201 
D. Mathematics core course
Course title 
Course code 
Credit hours 
Prerequisite 
CalculusI 
MTS101 
3 
 
Linear Algebra 
MTS203 
3 
MTS101 
Discrete Mathematics 
MTS211 
3 
 
CalculusII 
MTS113 
3 
MTS101 
Introduction to Differential Equations 
MTS241 
3 
MTS101 
Multivariable Calculus1 
MTS242 
4 
MTS232 
Stochastic Process 
MTS304 
3 
MTS231 
Optimization Techniques 
MTS330 
3 
MTS203 
Real Analysis I2 
MTS341 
4 
MTS232 
Probability and Statistical Models 
MTS430 
3 
MTS231 
Partial Differential Equations3 
MTS436 
3 
MTS241 
Mathematics elective I 
MTS 
3 
 
Mathematics elective II 
MTS 
3 
 
1. "Multivariable Calculus (MTS242)" could be counted in place of "Calculus III (MTS204)" but viceversa 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 viceversa is not applicable. 
E. Mathematics electives (2 to be selected from the following list)
Course title 
Course code 
Credit hours 
Prerequisite 
Complex Analysis 
MTS302 
3 
MTS341 
Abstract Algebra I 
MTS305 
3 
MTS203 
Numerical Analysis 
MTS306 
3 
MTS232 
Functional Analysis I 
MTS411 
3 
MTS341 
Functional Analysis II 
MTS412 
3 
MTS411 
Abstract Algebra II 
MTS413 
3 
MTS305 
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 
 
Topology I 
MTS451 
3 
MTS341 
Scientific Computing for Linear PDE’s 
MTS414 
3 
MTS413 
Modern Algebra I (Galois Theory and Application) 
MTS443 
3 
MTS413 
Modern Algebra II (Commutative Rings and Fields) 
MTS444 
3 
MTS413 
Measure Theory I 
MTS445 
3 
 
Measure Theory II 
MTS446 
3 
 
Operations Research I 
MTS447 
3 
 
Operations Research II 
MTS448 
3 
 
Introduction to Differential Topology 
MTS452 
3 
MTS451 
Financial Engineering 
MTS453 
3 
MTS441 
F. Nonspecialization courses
Course title  Course code 
Credit hours 
Prerequisite 
Foundations of Data Science 
CSE306 
3 
 
Introduction to Statistics 
MTS102 
3 
MTS105 
Essential Software 
MTS111 
3 
 
Statistical Inference 
MTS202 
3 
MTS102 
Probability Theory1 
MTS231 
3 
MTS102 
Introduction to Academic Writing 
SSC236 
3 
 
Nonspecialization electiveI 
 
3 
 
Nonspecialization electiveII 
 

 
Nonspecialization electiveIII 
 

 
Nonspecialization electiveIV 
 

 
1“Probability Theory (MTS231) is equivalent to “Applied Probability Theory (MTS112)”. Nonspecialization electives: Four courses are to be chosen from courses other than Mathematics and Economics. These nonspecialization electives may be from different subject areas including Accounting, Finance, Marketing, Management, Social Sciences and Liberal Arts, Computer Sciences, or any other field. 
G. Final year project Economics/ Mathematics
Course title 
Course code 
Credit hours 
Prerequisite 
Final Year Economics Project or Final Year Mathematics Project 
ECO441/MTS471 
4 
 
*Students can take either ECO441 or MTS471. 
Semesterwise sequence of courses
Freshman 
Semester  1 
Course code 
Credit hours 
Prerequisite 
1 
Principles of Microeconomics 
ECO103 
3 
 
2 
Calculus I 
MTS101 
3 
 
3 
Introduction to Statistics 
MTS102 
3 
 
4 
English Grammar and Composition 
SSC101 
3 
 
5 
Pakistan History 
SSC151 
3 
 

Semester  2 
Course code 
Credit hours 
Prerequisite 
1 
Principles of Macroeconomics 
ECO104 
3 
 
2 
Speech Communication 
HUM201 
3 
 
3 
Statistical Inference 
MTS202 
3 
MTS102 
4 
Calculus II 
MTS/MTS113 
3 
MTS101 
5 
Socioeconomic Philosophy of Islam (SEPI) / Philosophy, Logic and Ethics (PLE)** 
SSC301/HUM357 
3 
 
Sophomore 
Semester  3 
Course code 
Credit hours 
Prerequisite 
1 
Intermediate Microeconomics 
ECO201 
3 
ECO103 
2 
Essential Software 
MTS111 
3 
 
3 
Discrete Mathematics 
MTS211 
3 
 
4 
Multivariable Calculus 
MTS242 
4 
MTS232 
5 
Introduction to Academic Writing 
SSC236 
3 
 

Semester  4 
Course code 
Credit hours 
Prerequisite 
1 
Foundations to Data Science 
CSE306 
3 
 
2 
Intermediate Macroeconomics 
ECO202 
3 
ECO104 
3 
Development Economics 
ECO301 
3 
ECO103/ECO104/EOC105 
4 
Linear Algebra 
MTS203 
3 
MTS101 
5 
Probability Theory 
MTS231 
3 
MTS102 
*All Muslim students are required to register for SEPI. NonMuslim students may take either SEPI or PLE 
Junior 
Semester  5 
Course code 
Credit hours 
Prerequisite 
1 
Microeconomic Theory 
ECO312 
3 
ECO201 
2 
Applied Econometrics I 
ECO343 
4 
MTS202 
3 
Introduction to Differential Equations 
MTS241 
3 
MTS101 
4 
Real Analysis I 
MTS341 
4 
MTS232 
5 
Nonspecialization elective I 
 
3 
 
6 
Personal Effectiveness ** 
SSC240 
 
 

Semester  6 
Course code 
Credit hours 
Prerequisite 
1 
Macroeconomic Theory 
ECO313 
3 
ECO202 
2 
Applied Econometrics II 
ECO344 
4 
EOC343 
3 
Stochastic Processes 
MTS304 
3 
MTS231 
4 
Optimization Techniques 
MTS330 
3 
MTS203 
5 
Nonspecialization elective II 
 
3 
 
Senior 
Semester  7 
Course code 
Credit hours 
Prerequisite 
1 
Research Methods for Economics 
ECO411 
3 
ECO343 
2 
Partial Differential Equations 
MTS436 
3 
MTS241 
3 
Economics elective I 
ECO 
3 
 
4 
Mathematics elective I 
 
3 
 
5 
Nonspecialization elective III 
 
3 
 
6 
Final Year Economics Project or Final Year Mathematics Project 
ECO 441/MTS 471 
4 
 

Semester  8 
Course code 
Credit hours 
Prerequisite 
1 
International Trade or International Economics 
ECO466/ECO305 
3 
ECO103, ECO104 
2 
Probability and Statistical Models 
MTS430 
3 
MTS231 
3 
Economics elective II 
ECO 
3 
 
4 
Economics elective II 
MTS  
3 
 
5 
Nonspecialization elective IV 
 
3 
 
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. 