About the Program
An understanding of economics is a vital component of education in social sciences and absolutely necessity for anyone interested in areas as business, environmental policy, welfare reform, international trade and finance, or globalization. BS Economics is a four-year degree program comprising of eight regular semesters. This program is designed to familiarize students with the broad range of issues and situations studied by economists and the tools they use. The curriculum starts at the very basic introductory level. As such no specific high school preparation is required, therefore students with diversified background equally fit in the program. However, an appreciation for mathematics and statistics shall prove to be useful. All economics undergraduates study a significant core of economic theory, mathematical and statistical methods, that will enable them to choose among a wide variety of higher electives.
Program Educational Objectives (PEOs)
BS Economics program is designed to equip the graduates with the knowledge of economic theory, so that they could understand that how economic agents interact, and economy operates. The graduates of this program are expected not only to identify the economic problems, but also to suggest set of alternative solutions. In specific, following are the objectives of this program:
- The graduates shall be equipped with the comprehensive theoretical and practical knowledge and skill set in order to contribute competently as economists and analysts in various capacities.
- The graduate shall have cross-disciplinary knowledge of the core functions and operations of the economy.
- The graduate shall be prepared to respect diversity and endeavor to work ethically.
Program Learning Objectives (PLOs)
- Critical Thinking Skills: An ability to optimally apply economic analysis to everyday economic problems in the real world. This shall allow them to understand current events and evaluate potential policy proposals. Moreover, an appreciation shall be developed to evaluate the role played by assumptions in situations that reach various conclusions to a specific economic or policy problem.
- Quantitative Reasoning Skills: An ability to use empirical evidence to assess the validity of an economic argument. This shall involve the use of statistical data and methodology, ability to interpret statistical results and conduct appropriate statistical analysis independently.
- Problem-Solving Skills: An ability to solve problems that have precise solutions as well as those that do not have precise answers and clarify conditions under which these solutions may be correct.
- Specialized Knowledge and Application of Skills: An ability to develop critical as well as quantitative thinking skills specific to economics and related fields.
- Communication Skills: An ability to communicate effectively in written, oral and graphical form about concrete questions and to prepare well-organized written arguments that clearly state assumptions/hypotheses supported by evidence.
Admission Criterion: Must have passed F.A/ F.Sc. /I.Com./I.C.S. or equivalent, with at least 45% marks
Selection Criterion: A candidate shall be selected on the basis of cumulative merit to be determined from his/her past academic record and achievements in the written tests conducted by the university.
Degree Requirements: A student of BS Economics is required to complete 130 credit hours of study, pass comprehensive oral exam. on S/U basis and minimum CGPA 2.5/4.0 to qualify for the degree.
Scholarships Offered: HEC, MUST, HBL Foundation and others on merit and need base scholarships are available
Duration: 08-12 Semesters