Faculty Of Business and Economics

Department Of Economics

UON > Department Of Economics

BS Economics

The critical role of the subject of Economics and the economists in identifying and suggesting remedial measures for multiple problems hindering the socio-economic growth of a society is well recognized not only in Pakistan but also all over the world. At its present stage of development, Pakistan is facing multiple constraints on the way of economic growth due to a lack of professionals having command over knowledge and its application in various areas of development, policy making, implementation and evaluation.

Even teaching, research, and normal operations of the various institutions in the public and private sectors suffer due to the inadequacy of trained human resources. To fill this gap, we have taken the initiative to train the students with cutting-edge knowledge in economics through undergraduate in economics. These students on graduation will be ready to take jobs in the public and private sector as well as start their own businesses and consultancies in their areas of specialization.

In pursuance of our long-term vision, BS Economics program will start by the University of Narowal in Fall 2020. To further strengthen the BS Economics program, the department is reoriented to offer specializations in Economics & Finance and Business Economics with the objective to prepare students to work in public and private sectors, specifically, banking and development
sector in the country and abroad.

Program Objectives

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Department Faculty

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:

1.The graduates shall be equipped with the comprehensive knowledge and skill set in order to contribute competently as economist and analyst in various capacities.

2.The graduate shall have cross disciplinary knowledge of the core functions and operations of the economy.

3.The graduate shall be prepared to respect diversity and endeavor to work ethically.

4.The Development of an Understanding of Basic Statistics, Econometrics and Regression Analysis and Their Application in Applied Research.

5.To produce quality economists that will play their constructive role in different public, private sector organizations, policy making, and research.

6.The graduates shall have quantitative research skills to critically analyze economic issues.

Career Opportunities

BS Economics graduates have a large number of career possibilities which include:

1.Education department

2.Banking Sector

3.Plaining officer, Chief economist (Ministry of Plaining & Development)

4.Revenue Department (FBR, PRA)

5.Research Analysist in Organizations

6.NGOs

7.Research Officer

Duration

The program shall comprise Eight semesters spread over Four calendar years with two semesters (Fall/Spring) a year as per rules of the University of Narowal

Admission Requirements

Minimum 50% marks at Intermediate level or equivalent

No third division in Matric

Equivalence Certificate from IBCC in case of O Level and A-Level

DAE holder is not eligible to apply.

Assessment &Evaluation

Mid-term: 30

Session: 20

Final Exam: 50

Total marks: 100

Sr.

Categories

No. of courses

Credit hours

1

Compulsory Courses

9+2

25+4=29

2

General Courses

8

24

3

Foundation

8

24

4

Major Courses

14

42

5

Elective Courses

5

15

 

Total

46

134

Program Detail:

1.Total numbers of Credit hours: 134

2.Program Duration: 4 years

3.Semester Duration: 16weeks

4.Total Semesters: 8

5.Maximum Course load per Semester: 18 Cr hrs.

6.Maximum Number of courses per semester: 6

Program Structure—BS Economics

Course Code

Course Title

Credit Hrs.

 

Semester-I

 

ECON-101

Principles of Microeconomics

3(3-0)

ECON-102

Principles of Macroeconomics

3(3-0)

CS-105

Introduction to Computer Applications

3(2-2)

ENG-101

Functional English

3(3-0)

ISL-101

Islamic Studies

2(2-0)

MATH-104

Basic Mathematics

3(3-0)

 

Credit Hours

17

 

Semester-II

 

ECON-103

Intermediate Macroeconomics

3(3-0)

ECON-104

Intermediate Microeconomics

3(3-0)

ENG-102

Communication Skills

3(3-0)

MATH-101

Calculus-I

3(3-0)

PKS-101

Pakistan Studies

2(2-0)

STAT-101

Introduction to Statistics

3(3-0)

 

Credit Hours

17

 

Semester-III

 

ECON-201

Development and Growth Economics

3(3-0)

ENG-201

Technical Writing and Presentation Skills

3(3-0)

POL-101

Introduction to Political Science

3(3-0)

SOC-101

Introduction to Sociology

3(3-0)

STAT-102

Probability and Probability Distributions

3(3-0)

URDU-101

Functional Urdu

3(3-0)

 

Credit Hours

18

 

Semester-IV

 

ECON-202

Fundamentals of Econometrics

3(3-0)

ECON-203

International Trade Theory and Policy

3(3-0)

ECON-204

Monetary Theory

3(3-0)

ECON-205

Public Sector Economics

3(3-0)

ECON-206

Econometric Methods

3(3-0)

MGT-306

Entrepreneurship

3(3-0)

 

Credit Hours

18

 

Semester-V

 

ECON-301

Comparative Economic Systems

3(3-0)

ECON-302

Islamic Economics

3(3-0)

ECON-303

Sustainable Development

3(3-0)

ECON-304

Issues in Pakistan Economy

3(3-0)

POL-103

International Political Economy

3(3-0)

QURAN-101

Quran Translation-I

2(2-0)

 

Credit Hours

17

 

Semester-VI

 

ECON-305

Financial Economics

3(3-0)

ECON-306

Time Series and Panel Data Econometrics

3(3-0)

ECON-309

Research Planning & Report Writing

3(3-0)

MGT-103

Financial Accounting-I

3(3-0)

MGT-101

Introduction to Business Management

3(3-0)

QURAN-102

Quran Translation-II

2(2-0)

 

 

Credit Hours

 

17

 

 

Semester-VII

 

 

 

 

ECON-401

Population Economics

 

 

 

3(3-0)

ECON-402

Microeconomic Analysis

 

 

 

3(3-0)

ECON-403

Institutional Economics/

 

 

 

3(3-0)

ECON-404

Development Policy

 

 

 

 

ECON-419

Research Thesis-I

 

 

 

3(0-3)

MGT-303

Principles of Marketing

 

 

 

3(3-0)

 

 

Credit Hours

 

15

 

 

Semester-VIII

 

 

 

 

ECON-405

Macroeconomic Analysis

 

 

 

3(3-0)

ECON-406

Human Resource Development/

 

 

 

3(3-0)

ECON-408

Poverty and Income Distribution

 

 

 

 

ECON-407

Growth Theories and Models

 

 

 

3(3-0)

ECON-409

History of Economic Thought

 

 

 

3(3-0)

ECON-420

Research Thesis-II

 

 

 

3(0-3)

 

 

 

Credit Hours

15

Total Credit Hours in 8 Semesters:134