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Objectives

The master program in Economics is a two year academic program, designed to produce professional economists. It offers students an opportunity to study particular areas of economics in greater depth, from both theoretical and an empirical perspective. Besides core courses in economic theory and quantitative methods, the department offers specialization in a variety of fields including international trade and finance, Industrial organization, Monetary, Banking & Finance, Development economics etc. These courses reflect the current state of knowledge and are taught by top ranking professional in the relevant fields.

Eligibility Criteria for MSc Economics

Admissions are made once in a calendar year, i.e., July and the semester starts in September. The criteria for admission are based on admission test or GRE score (for foreign students), interview and previous degrees. A person holding a (two years) Bachelor's degree with Economics, Statistics, Mathematics, Econometrics etc. from a Pakistani Institute recognized by Higher Education Commission (HEC), or an equivalent degree from any other HEC recognized Institute, with at least a second division (annual system) or CGPA 2.5/4.0 (semester system) can apply for admission to the Master's programme.

Academic Program

Total Credit Hours: 61

Core Credit Hours: 43

Elective Credit Hours: 18

Duration: 2 years (with the provision of one year extension )

Semester wise program structure

S. No

Course

Credits

S. No

Course

Credits

Semester-I

Semester-II

1.

E-500 English Language and Proficiency

3

5.

E-502 Microeconomic Theory-II

3

2.

E-501 Microeconomic Theory-I

3

6.

E-506 Macroeconomic Theory-II

3

3.

E-505 Macroeconomic Theory-I

3

7.

E-515 Econometrics

3

4.

E-509 Statistics for Economists

3

8.

E-521 Monetary Economics

3

5.

E-512 Mathematics for Economists

3

9.

E-524 Public Economics

3

Semester-III

Semester-IV

11.

E-527 International Economics

3

16.

E-518 History of Economic Thoughts

3

12.

E-553 Development Economics

3

17.

E-530 Applied Economics

3

13.

Elective I

3

18.

Elective IV

3

14.

Elective II

3

19.

Elective V

3

15.

Elective III

3

20.

Elective VI/ Research Paper*

3

 

21.

E-590 Viva-Voce Examination**

1

*Can be replaced with two elective courses.

**An extensive viva by a panel of senior faculty is held at the end of fourth semester. Passing the viva-voce examination is mandatory for the degree.

List of Elective Courses

S.No

Code

Title

Credits

1.

E 513

Mathematics II

3

2.

E 525

Institutional Economics

3

3.

E 533

Monetary Policy

3

4.

E 535

Political Economy

3

5.

E 551

Agricultural Economics

3

6.

E 557

WTO, Globalization and Economic Integration

3

7.

E 559

Managerial Economics

3

8.

E 560

Management of Pakistan Economy

3

9.

E 561

Financial Economics

3

10.

E 562

Fiscal Policy

3

11.

E 563

Financial Institutions and Markets

3

12.

E 564

Open Economy Macroeconomics

3

13.

E 565

Industrial Organization

3

14.

E 566

International Finance

3

15.

E 567

Economics of Regulations

3

16.

E 569

Islamic Economics - Theory and Policy

3

17.

E 571

Labour Economics

3

18.

E 573

Urban Economics

3

19.

E 574

Health Economics

3

20.

E 575

Population Dynamics

3

21.

E 577

Economics of Environment and Natural Resources

3

22.

E 578

Game Theory

3

23.

E 579

Advanced Econometric Techniques and Forecasting

3

24.

E 580

Research Paper

3

25.

E 581

General Equilibrium and Welfare Economics

3

26.

E 583

Economic Growth and Distribution

3

27.

E 585

Corporate Finance

  

Contact Us

Dr. Attiya Yasmin Javid 
Head of Department

Mr. Haider Ali
Lecturer/Coordinator-M.Sc (Economics) Program

Department of Economics
Ph: +92-51-9248101
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Pakistan Institute of Development Economics
P.O. Box 1091, Islamabad, Pakistan

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