BS Economics

Introduction

BS in Economics is a four-year program comprising 8 semesters, and every semester is consisted of at least five subjects with 3 credit hours each. In this way, every semester consists of 15 credit hours. The student will study a total of 40 subjects plus six credit hours research report/dissertation. After completion of course work, the students will have to write a dissertation to complete their degree. The BS Economics, a 4-year program, is equivalent to 16 years of education.

 

Program Mission

The Department of Economics carries a mission to develop human resources and transform them into human capital through rigorous teaching, training, and research so that they can significantly contribute to national development. This mission is accomplished through providing quality infrastructure, quality education, and quality training so that the student, after completing education, must be not only innovative, charismatic, and knowledgeable but also a perfect human being and a good citizen. This mission is developed in line with the Best University in Multan’s mission, which stresses the need to inculcate professional knowledge, skill, and ethical values among the students.

 

Program Educational Objectives (PEOs)

PEO-I

To produce economists having full knowledge of Pakistan economy as well as the world economy.

PEO-II

To produce, the economists had to command over-analytical techniques so that they can make empirical analyses.

PEO-III

To give know-how of econometric techniques so that the students can use them effectively in data analysis.

PEO-IV

To impart research-oriented education to the students so that they can carry out research on diverse economic issues.

PEO-V

To create awareness among the students about micro and macro issues of Pakistan.

PEO-VI

To prepare them for higher studies through building their strong foundation.

PEO-VII

To strengthen the theoretical background of the students so that they can understand economic theories and their practical values.

Programs Learning Outcomes (PLOs)

PLO-I

To have command over basic economic theories, modeling, and analytical tools.

PLO-II

To apply his theoretical knowledge in the real world.

PLO-III

To understand local, national, and international economic issues.

PLO-IV

To carry out research and prepare a research report on any economic problem.

PLO-V

To have the capability to develop an econometric model.

PLO-VI

To know the importance of economic resources and their efficient allocation.

PLO-VII

To seek higher education to improve their knowledge and practical know-how.

Eligibility Criteria

Intermediate or equivalent with at least 2nd division.

 

Career Prospects

There are a lot of opportunities for Economic graduates at the Best University in Multan in different fields. Some of them are as under:

To serve as an Economist in the State Bank of Pakistan, Asian Development Bank, World Bank, etc.

To serve as an Economist in Planning Divisions of Federal and Provincial Governments.

To work as an independent consultant to carry out different research and development  projects.

To start their own business and set up industry if required resources are available.

Scheme of Study BS Economics Program (4 Years)

Total Credit Hours = 130

English-I Principles of Micro Economics Islamic Studies
Introduction to Computer Optional (Non-Economic) Mathematics-I
English-II Principles of Macro Economics Mathematics II
Pakistan Studies Optional (Non-Economics) Optional (Non-Economics)
English III Development Economics Statistics-I
Intermediate Microeconomics English IV Intermediate Macroeconomics
Optional (Non-Economics) Statistics-II World Economic History
Optional (Non-Economics) Optional (Non-Economics) Optional (Non-Economics)
Microeconomics Mathematical Economics-I Issues in Pak Economy
Macroeconomics Optional (Non-Economics) Economic Growth
Econometrics-I Elective I Elective II
Mathematical Economics II International Trade Theory Research Methods
Public sector Economics Elective-III Entrepreneurial Economics
Econometrics-II Islamic Economics Monetary Economics
Elective-IV Elective-V

 

Elective Courses

Research project/Internship Institutional Economics Welfare and Happiness Economics
Population Economics Comparative Economic System Labor Economics
Project Appraisal and Investment Analysis Environmental and Natural Resource Economics Dynamic Macro Economics
Public Policies Rural Development Ethics in Economics
International Finance Development Policy Financial Markets
Managerial Economics Political Economy Industrial Economics
Transport Economics Health Economics Experimental and Behavioral Economics
Urban Economics Regional Economics Poverty and Income Distribution
Energy Economics Economics of Education Agricultural Economics