BS Economics


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.

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.

Eligibility Criteria

Intermediate or equivalent with at least 2nd division.

Program Educational Objectives (PEOs)

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

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

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

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

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

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

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

Programs Learning Outcomes (PLOs)

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

To apply his theoretical knowledge in the real world.

To understand local, national, and international economic issues.

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

To have the capability to develop an econometric model.

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

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

Scheme of Study BS Economics Program (4 Years)

Total Credit Hours = 129

Functional English
Principles of Microeconomics
Ideology and Constitution of Pakistan
Islamic Studies/ Ethics
Introduction to Psychology
Principles of Macroeconomics
Arts and Humanities / History of Economic Thoughts.
Information & Communication Technologies (Course & Lab)
Quantitative Reasoning-l (Basic Math)
Expository Writing
Issues in Pakistan Economy
Quantitative Reasoning-ll (Math-II)
Intermediate Microeconomics
Statistical Inference
Issues in World Economy
Fiscal Policy
Introduction to Sociology
Intermediate Macroeconomics
Civics and Community
Environmental Sciences
History of Economic Thoughts
Issues in World Economy
Human Resources Development
Microeconomics Analysis
Mathematical Economics
Monetary Economics
Public Finance
Research Methodology
Financial Economics
International Economics
Development Economics
Macroeconomics Analysis
Islamic Economics
Time Series and Panel data Econometrics
Dynamic Optimization
International Trade
Capstone project-I
International Trade
Economic Growth
General Equilibrium and welfare Economics
Population Economics
Capstone Project-ll
Economics of Climate Change
Energy Economics
Elective Courses
Game Theory
Labor Economics
Development policy
Urban Economics
Institutional Economics
World Economic Institutions
Health Economics
Energy Economics
Natural Resources Economics
Islamic Finance
Devin Economics
Economics of Climate Change
Trade and Development
Behavior Economics
Transport Economics
Economics of Happiness and Wellbeing