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MPhil Economics

Program Objectives

The M.Phil Program at the Pakistan Institute of Development Economics (PIDE) has been developed to provide the necessary facilities for training of economists in Pakistan. Given the asymmetrical situation whereby only a small percentage of the entire population has access to higher education, it is hoped that the M.Phil program at PIDE would be a step forward in a critical field of knowledge and expertise. This program is aimed at imparting a full range of knowledge, awareness and expertise in economics to meet the emerging challenges, as well as equipping students with the analytical tools necessary for policy-oriented research.

Eligibility Criteria

• MA/MSc in Econometrics and Statistics/Economics/Statistics/Mathematics or
• BS (4-year) in Economics/Statistics/Mathematics
• Minimum Grade and division will be followed as defined in “Admission, Registration and Examination Regulations for MPhil. programmes”
• Applicants will be selected on the basis of their performance in the admission test, interview and academic record.

Academic Program
Total Credit Hours:36
Course Work:24
Thesis:12
Duration:2 Years
Total Courses:8
Core Courses:5 (First Semester: 3, Second Semester: 2)
Elective Courses:3 (First Semester: 1, Second Semester: 2)

Note: A student will qualify for thesis if he/she attains minimum 3 CGPA in course work after completion of 2nd semester.

Program Structure Semester Wise
CodeTitle of CourseCredit HoursSemester
E-600 Advanced Microeconomic Theory-I31st Semester (Fall)
E-610 Advanced Macroeconomic Theory-I31st Semester (Fall)
E-630 Advanced Mathematics31st Semester (Fall)
Elective I31st Semester (Fall)
Total Credits12
E-640 Econometric Methods-I32nd Semester (Spring)
E-660 Research Methodology32nd Semester (Spring)
Elective II32nd Semester (Spring)
Elective III32nd Semester (Spring)
Total Credits12
Thesis63rd Semester (Fall)
Thesis64th Semester (Spring)
List of Elective Courses for M.Phil Program
CodeTitle of CourseCredit HoursPre Requisite-1Pre Requisite-2Pre Requisite-3
E-700Topics in Microeconomic Theory3E-600E-601
E-701Mathematical Economics3E-601E-700
E-702Topics in Macroeconomic Theory3E-610E-611
E-710Public Finance3E-600E-610
E-711Public Policy3E-710
E-720Monetary Economics3E-610
E-721Monetary Policy3E-610E-720
E-722Financial Economics3E-721
E-723Topics in Financial Economics3E-721E-722
E-730International Economics3E-600
E-731International Finance3E-730
E-732Trade Policy3E-730E-731
E-733Trade and Development3E-732
E-740Human Resource Development-I3E-600
E-741Human Resource Development-II3E-740
E-742Economics of Population3E-740
E-745Agent Based Modeling3
E-750Industrial Economics3E-600
E-751Industrial Policy3E-750
E-760Development Economics3E-600E-610
E-761Development Policy3E-760
E-770Applied Econometrics3E-640
E-771Topics in Advanced Econometrics3E-770
E-774Bayesian Econometrics3E-640
E-776Financial Econometrics3E-640
E-780Agricultural Development3E-600
E-781Agricultural Policy3E-600E-780
E-782Resource Economics3E-600E-630
E-783Applied Production Economics3E-600E-630E-640
E-790Economic Growth And Distribution3E-600E-610E-611
E-800Environmental Economics-I3E-600
E-801Environmental Economics-II3E-600E-800
E-830Advanced Mathematical Methods for Economists3E-630
E-840Economics of Governance3E-600
E-843Institutions and Development3E-600E-610
E-850History of Economic Thought3
E-859Experimental Economics3E-600
E-860Topics in Experimental Economics3E-600
E-862Experimental & Behavioral Economics3E-600E-610E-630
E-865Health Economics3
E-866Topics in Health Economics3E-865
Field of Specializations:
  • Development Economics
  • Agriculture Economics
  • Environmental Economics
  • Industrial Economics
  • International Economics
  • Labour Economics
  • Monetary Economics
  • Public Economics
  • Social Economics
  • Financial Economics
  • Health Economics
  • Institutions and Governance
MPhil Economics Course Content in - PDF format

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