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Bachelor of Science in
Economics

Bachelor of Science (BS) in Economics

Program Overview

Bachelor of Science in Economics program is designed to equip graduates with comparative knowledge of economic theory and applied economics. This program offers a combination of theoretical and practical courses with economic applications to illustrate their abilities in the workplace. The degree is based around the core of micro and macroeconomics, focusing on behavior of individuals and firms and broader issues such as employment and inflation. The graduates of this program will be able to work as economists in public or private sector; commercial banks, NGOs, teaching and other institutions involved in training, consultancy, research, and policy development and formulation, and further their education by joining research areas in MS/PhD.

Curriculum:

List of Core Courses:
Sr# Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
1 CSC101 Introduction to Computing 3(2, 1)    
2 ECO111 Principles of Microeconomics 3(3, 0)    
3 ECO112 Microeconomics-Intermediate 3(3, 0)   ECO111
4 ECO120 Principles of Macroeconomics 3(3, 0)    
5 ECO121 Macroeconomics-Intermediate 3(3, 0)   ECO120
6 ECO200 Introduction to Development Economics 3(3, 0)    
7 ECO206 Economics of Environment 3(3, 0)   ECO213
8 ECO212 Economics of Pakistan 3(3, 0)   ECO112 ,ECO121
9 ECO213 Microeconomic Analysis 3(3, 0)   ECO112
10 ECO222 Macroeconomic Analysis 3(3, 0)   ECO121
11 ECO241 Money and Commercial Banking 3(3, 0)   ECO121
12 ECO251 Economics of Population 3(3, 0)    
13 ECO332 Basic Econometrics 3(3, 0)   MTH264
14 ECO333 Applied Econometrics 3(3, 0)   ECO332
15 ECO340 Public Finance 3(3, 0)   ECO213 ,ECO222
16 ECO343 International Economics I 3(3, 0)   ECO213
17 ECO344 International Economics II 3(3, 0)   ECO343
18 ECO353 Monetary Economics 3(3, 0)   ECO222
19 ECO448 Financial Economics 3(3, 0)   ECO241
20 ECO469 Political Economy and Global Change 3(3, 0)    
21 ECO471 Economic Analysis of Project Planning and Management 3(3, 0)    
22 ECO481 Research Methods 3(3, 0)   MTH264
23 ECO488 Theory of Islamic Economics 3(3, 0)    
24 ECO490 Issues in Development Economics 3(3, 0)   ECO200
25 HUM100 English Comprehension and Composition 3(3, 0)    
26 HUM102 Report Writing Skills 3(3, 0)   HUM100
27 HUM103 Communication Skills 3(3, 0)   HUM100
28 HUM110 Islamic Studies 3(3, 0)    
29 HUM111 Pakistan Studies 3(3, 0)    
30 HUM114 Ethics 3(3, 0)    
31 MTH161 Introduction to Statistics 3(3, 0)    
32 MTH264 Statistical Inference 3(3, 0)   MTH161
Elective Courses
Sr#  Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
1 ECO106 Mathematical Economics I 3(3, 0)    
2 ECO109 Mathematical Economics II 3(3, 0)   ECO106
Language Electives
 Sr# Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
1 HUM434 Chinese 3(3, 0)    
Optional(Economics)
 Sr# Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
1 ECO347 Financial Markets and Institutions 3(3, 0)    
2 ECO352 Agriculture Economics 3(3, 0)    
3 ECO354 History of Economic Thought 3(3, 0)    
4 ECO360 Natural Resource Economics 3(3, 0)    
5 ECO403 Managerial Economics 3(3, 0)    
6 ECO430 Advanced Econometrics 3(3, 0)    
7 ECO441 Labor Economics 3(3, 0)    
8 ECO450 General Equilibrium and Welfare Economics 3(3, 0)    
9 ECO455 Health Economics 3(3, 0)    
10 ECO464 Comparative Economic Systems 3(3, 0)    
11 ECO468 Development Planning and Policy 3(3, 0)    
12 ECO470 Transport Economics 3(3, 0)    
13 ECO472 Agricultural Production Economics 3(3, 0)    
14 ECO473 Applied Economics 3(3, 0)    
15 ECO476 International Monetary System 3(3, 0)    
16 ECO477 Urban and Regional Planning 3(3, 0)    
17 ECO482 Open Economy Macroeconomics 3(3, 0)    
18 ECO484 Project Planning and Monitoring 3(3, 0)    
19 ECO485 Government, Markets and Globalization 3(3, 0)    
20 ECO487 Urban Economics 3(3, 0)    
Optional(Non-Economics)
 Sr# Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
1 HUM220 Introduction to Psychology 3(3, 0)    
2 HUM221 International Relations 3(3, 0)    
3 HUM223 Introduction to Philosophy 3(3, 0)    
4 HUM310 Islamic History 3(3, 0)    
5 HUM320 Introduction to Sociology 3(3, 0)    
6 HUM430 French 3(3, 0)    
7 HUM431 German 3(3, 0)    
8 HUM432 Arabic 3(3, 0)    
9 HUM433 Persian 3(3, 0)    
10 LAW300 Corporate Law 3(3, 0)    
11 MGT100 Introduction to Business 3(3, 0)    
12 MGT101 Introduction to Management 3(3, 0)    
13 MGT131 Financial Accounting 3(3, 0)    
14 MGT232 Business Finance 3(3, 0)   MGT131
15 MGT330 Financial Management 3(3, 0)   MGT232, MTH161
16 MGT350 Human Resource Management 3(3, 0)   MGT101
Thesis
 Sr# Course Code Course Title Credit Hours Co-requisite(s) Prerequisite(s)
           

Career Opportunities:

A Bachelor of Science in Economics provides a strong foundation in economic theory, quantitative analysis, and critical thinking skills. Graduates in Economics can pursue various career paths in both the public and private sectors. Here is a closer look at a selection of different careers that economic graduate can pursue:

  • Economic Analyst: These professionals use economic principles and data analysis to help organizations make informed decisions about investments, pricing, and other business strategies.
  • Business Consultant: Economics graduates can work as business consultants, advising clients on a wide range of issues, from marketing and advertising to financial management and organizational development.
  • Financial Analyst: They can pursue careers in finance, working as financial analysts or investment bankers, helping clients make informed investment decisions.
  • Public Policy: Economics graduates can work in the public sector, advising governments and non-profit organizations on economic policy and social welfare programs.
  • International Trade: Many economics graduates work in the field of international trade, helping companies navigate the complex web of regulations and policies that govern international commerce.
  • Economic Research: Economics majors can pursue careers in economic research, working for think tanks, government agencies, or private research firms.
  • Data Analysis: Many economics graduates have a strong foundation in data analysis and can work in a wide range of industries as data analysts or business intelligence specialists.
  • Banker: Many banks and financial institutions value the analytical and quantitative skills of economics graduates. They often hire them for various positions such as retail banking, investment banking, commercial banking, or risk management.

Admission Requirements:

  • Intermediate or equivalent with minimum 50% marks from an accredited institution.
  • Valid NTS test score as per CUI policy.

Duration:

  • Minimum: 8 Semesters; 4 years
  • Maximum: 12 Semesters; 6 years

Credit Hours Requirements:

  • Minimum 132 Cr. Hrs.

Offering Semesters:

  • Fall and Spring

Scholarships available:

  • Tuition fee waiver in BS program

Requirement:

  • 80% marks in Intermediate or Equivalent
  • To maintain scholarship, students will be required to maintain minimum CGPA of 3.00 and no “C” grade or below in any course in any semester.
  • If CGPA falls below 3.00 and a “C” grade or below is obtained in course of semester, the scholarship will be suspended.