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
E-600 Advanced Microeconomic Theory-I 3 1st Semester (Fall)
E-610 Advanced Macroeconomic Theory-I 3 1st Semester (Fall)
E-630 Advanced Mathematics 3 1st Semester (Fall)
Elective I 3 1st Semester (Fall)
Total Credits 12
E-640 Econometric Methods-I 3 2nd Semester (Spring)
E-660 Research Methodology 3 2nd Semester (Spring)
Elective II 3 2nd Semester (Spring)
Elective III 3 2nd Semester (Spring)
Total Credits 12
Thesis 6 3rd Semester (Fall)
Thesis 6 4th Semester (Spring)
List of Elective Courses for M.Phil Program
E-700 Topics in Microeconomic Theory 3 E-600 E-601
E-701 Mathematical Economics 3 E-601 E-700
E-702 Topics in Macroeconomic Theory 3 E-610 E-611
E-710 Public Finance 3 E-600 E-610
E-711 Public Policy 3 E-710
E-720 Monetary Economics 3 E-610
E-721 Monetary Policy 3 E-610 E-720
E-722 Financial Economics 3 E-721
E-723 Topics in Financial Economics 3 E-721 E-722
E-730 International Economics 3 E-600
E-731 International Finance 3 E-730
E-732 Trade Policy 3 E-730 E-731
E-733 Trade and Development 3 E-732
E-740 Human Resource Development-I 3 E-600
E-741 Human Resource Development-II 3 E-740
E-742 Economics of Population 3 E-740
E-745 Agent Based Modeling 3
E-750 Industrial Economics 3 E-600
E-751 Industrial Policy 3 E-750
E-760 Development Economics 3 E-600 E-610
E-761 Development Policy 3 E-760
E-770 Applied Econometrics 3 E-640
E-771 Topics in Advanced Econometrics 3 E-770
E-774 Bayesian Econometrics 3 E-640
E-776 Financial Econometrics 3 E-640
E-780 Agricultural Development 3 E-600
E-781 Agricultural Policy 3 E-600 E-780
E-782 Resource Economics 3 E-600 E-630
E-783 Applied Production Economics 3 E-600 E-630 E-640
E-790 Economic Growth And Distribution 3 E-600 E-610 E-611
E-800 Environmental Economics-I 3 E-600
E-801 Environmental Economics-II 3 E-600 E-800
E-830 Advanced Mathematical Methods for Economists 3 E-630
E-840 Economics of Governance 3 E-600
E-843 Institutions and Development 3 E-600 E-610
E-850 History of Economic Thought 3
E-859 Experimental Economics 3 E-600
E-860 Topics in Experimental Economics 3 E-600
E-862 Experimental & Behavioral Economics 3 E-600 E-610 E-630
E-865 Health Economics 3
E-866 Topics in Health Economics 3 E-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