Courses :-

(M.Sc One Year) Semester System

The 4 years B.Sc (Hons) Programme has been carefully designed to conform to the needs of the market based on national and international standards. Graduates of the programme will be able to pursue M.Sc Programme (additional one year) in Economics in the department as well as in the best and recognized institutions of Pakistan and abroad. The curriculum is adequately broad based to enable graduates to make suitable career choices. The Department will provide every possible moral and material assistance to students in their future pursuits of further education or employment.

M.Sc ECONOMICS PROGRAMME (ONE YEAR)

Optional courses:

Specialization: 12 Credit Hours

(M.Sc One Year) Semester System

The 4 years B.Sc (Hons) Programme has been carefully designed to conform to the needs of the market based on national and international standards. Graduates of the programme will be able to pursue M.Sc Programme (additional one year) in Economics in the department as well as in the best and recognized institutions of Pakistan and abroad. The curriculum is adequately board based to enable graduates to make suitable career choices. The Department will provide every possible moral and material assistance to students in their future pursuits of further education or employment.

M.Sc ECONOMICS PROGRAMME (ONE YEAR)

Optional courses:

Specialization: 12 Credit Hours

1. Industrial Economics Group

(B.Sc (Hons) Part-I) :-

Micro Economic Theory (Dr.Jehanzeb) Here we study economic problems at smaller, individual level which enables the students to understand the concepts of consumer behavior, production theory, Market Organization, General Equilibrium and Welfare Economics

Macro Economic Theory (Mr. Shafiquilah) Macroeconomics is the study of the structure and performance of National economies and of the policies that governments use to try to effect economic policies. The issues that macro economists address are also focused.

Mathematics for Economist (Mr. Naeem ur Rehman Khattak) In the subject we study the use of mathematical methods and techniques in an effort to construct rigorous and logical economic theories. The actual tools employed in this pursuit include algebra, calculus, Algebraic methods, set theory and other branches of mathematics relevant to Economics. The use of mathematics to economics enables the students to understand concepts that are otherwise not clearly comprehensible.

Basic Statistics and Pascal Methodology (Dr. Ijaz Majid): In this course students are given the Basics along with advanced statistical tools and techniques, generally used in analysing Economic data. Economics basically deals with both qualitative and quantitative information. This mass of information can only be better understood if properly analysed and quantified, which can only be done if the analyst/Economist has sufficient and sound background of analytic tools and Techniques. This can only be done if proper coaching is done with statistical techniques.

Public Finance and Monetary Economics (Dr. Mohammad Naeem): Public Finance deals with finances of the government. The main branches are public revenue, public expenditure, public debt and fiscal policy. Monetary economics deals mainly with the evolution, function and characteristics of money and its role and impact in the prevailing economic system. Alongside it also discusses functions and role of commercial and central banks.

(B.Sc (Hons) Part-II)

Econometrics (Compulsory) (Dr. Naeem-ur-Rehman Khattak) :This course deals with estimation and fitting of different regression models to economic data. The course mainly includes the topics of simple/multiple regression analysis, violation of basic assumptions, non-linear equation, generalized linear regression model and its applications, formulation and estimation of special models e.g. models with dummy variables simultaneous equation system, identification, ILS and 2SLS method for solution of simultaneous equation system.

GROUP I

Development Economics (Dr. Shahiryar) : The study of economic development is one of the newest, most exciting and most challenging branches of the broader disciplines of economics and political economy. This is a systematic study of the problems and processes of economic development in Africa, Asia and Latin America. It deals with the economics of contemporary, underdeveloped third world nations, varying ideological orientations, diverse cultural backgrounds, and very complex yet similar economic problems that usually demand new ideas and novel approaches.

Managerial Economics (Dr. Jehanzeb) : Managerial Economics basically deals with the application of economic theory and the tools of analysis of decision science to examine how an organization can achieve its aims or objectives most efficiently. So the basic emphasis will be on micro and macro economic theory and the tools of mathematical economics and econometrics. Students have to select one group out of two groups besides the subject of Econometrics, which is compulsory.

The Economy of Pakistan (Ms. Naila Nazir) : The course covers many sectors of the economy like Agricultural Sector, Industrial Sector, Economic Planning and Policies in Pakistan, its natural resources and geographical position, ideological structure, foreign debts, trade, transport and communication and problems faced by nationalized and privatized sectors.

Agricultural Economics (Dr. Muhammad Munir (visiting):The course being with a systematic introduction to the basic concepts and issues in economics as they relate to agriculture. The course focuses on gaining an understanding of the economic decisions made by consumers and producers. In part it also focuses on macroeconomic policy and how agriculture is affected by policy responses to business fluctuations.

International Economics (Mr. Zilakat Khan Malik) : International Economics deal with International Trade Theory, International Trade Policy, The Balance of Payments, Foreign Exchange Markets and Open Economy. It highlights the problems arising in the international trade, international capital movement, and the operation of multi- national corporations and risk of economic collapse.

The Economy of Pakistan (Ms. Naila Nazir) : The course covers many sectors of the economy like Agricultural Sector, Industrial Sector, Economic Planning and Policies in Pakistan, its natural resources and geographical position, ideological structure, foreign debts, trade, transport and communication and problems faced by nationalized and privatized sectors.

Agricultural Economics (Dr. Muhammad Munir (visiting):The course being with a systematic introduction to the basic concepts and issues in economics as they relate to agriculture. The course focuses on gaining an understanding of the economic decisions made by consumers and producers. In part it also focuses on macroeconomic policy and how agriculture is affected by policy responses to business fluctuations.

International Economics (Mr. Zilakat Khan Malik) : International Economics deal with International Trade Theory, International Trade Policy, The Balance of Payments, Foreign Exchange Markets and Open Economy. It highlights the problems arising in the international trade, international capital movement, and the operation of multi- national corporations and risk of economic collapse.

GROUP II

Economic Analysis of Project Planning & Management (Prof. Dr. Ijaz Majid) : If proper investment/programmes are to be carried out the subject of project planning cannot be overlooked. This subject basically tells us about the feasibility of investment projects. Projects are generally carried out both under the condition of certainty and uncertainty. This subject basically deals with different tools/techniques by which the student is enabled to analyse the feasibility of the project i.e. through financial analysis techniques generally used to prepare the feasibilities and pre-feasibilities of an investment project and finally to advise the govt., semi-govt. and NGO’s that whether a particular study should be undertaken or not.

Human Resource Development (Mrs. Danish Alam) : Human Resource Development encompasses activities and processes which are intended to have impact on organizational and individual learning. Main emphasis will be on Education, Training and Development, Leadership Development, Better Subordinate Superior Relations, Career Planning and Development, Various Job Experiences, Development of Technology and Job Enrichment.

Economics of Marketing (Ms. Naila Nazir) : This subject encompasses various subject matters of marketing and its usefulness in Economic Analysis. Main topics are Marketing Environment, Marketing Segmentation, Consumer Buying Behavior, The Product, The Prices, Channels of Distribution, Retailing and Wholesaling, and the different promotional programmes.

Industrial Economics (Mr. M. Naeem) : The major thrust is the demonstration of how microeconomic theory applies to industrial markets. The course is aimed at students who are encountering the field of industrial economics for the first time. It focuses on the theoretical and empirical aspects of how structure of the organization and conduct affect economic performance and welfare.

Operational Research and Mathematical Programming (Dr. Naeem-ur-Rehman Khattak) : The subject will basically take into consideration the different types of programming techniques used for solving economics and mathematical problems. Emphasis will be on Linear Programming, Integer Programming and Non Linear Programming.