Department of Economics

Overview

he Department of Economics was established in 1922 with the commencement of Intermediate Classes. Bachelor Level Classes were initiated in 1925. In 1966, Masters Level Classes were introduced as Master of Arts (M.A.) in Economics with the strength of only six faculty members and 23 students in the first batch. Master of Science (M.Sc.) in Economics was initiated in the Department in 1999. The BS Economics (4-Year) program was offered by the Department of Economics in 2005. MS Economics (equivalent to M.Phil.) program has started since 2009..Currently, Department of Economics has around 26 faculty members and more than 1500 students are getting benefit from their expertise. The Department of Economics is successfully running the following Four Academic Programs

•      BS Economics

•      BS Economics and Finance

•      MS Economics

•      PhD Economics 

along with intermediate classes. 

The basic aim of the department is to familiarize students not only with the economic aspects of the modern economy but also with the techniques that help them in empirical analysis of current economic issues and to create ability in them to make judgments regarding public policy. The graduates of the Department of Economics have joined popular careers in ranging from own businesses, banking sector, government departments & agencies, academic profession to research organizations.

The Faculty of Economics is keen to follow the teaching methods that encompass both theoretical and practical aspects. Lectures, presentations, written assignments, quizzes, tests, case studies and interactive class sessions are given due importance for professional development of the students.

The basic purpose of academic programs is to prepare the students as emerging economists. The department has also signed MoUs for research & development (R&D) with government agencies and various national and international universities. The salient features of these MoUs are to create research and cultural understanding among institutions through: 

•    exchange of research staff 

•    collaboration in research projects 

•    joint conferences, seminars, workshops and other related activities 

•    access to library facilities 

•    sharing academic data, publications and information 

•    other areas of mutual interests 

The dedicated faculty who served as Head, Department of Economics over the span of more than 50-years includes the following: 

  • Prof. Mrs. Anwar-ul- Haq 
  • Prof.Mrs. Munawar Shah Muhammad 
  • Prof.Mrs. Shamas-un-Nisa Mahmood 
  • Prof.Mrs. Mahmooda Kalsoom Hamayun 
  • Prof.Mrs. Qamar Ahmed 
  • Prof. Mrs. Kahkshan Gohar 
  • Prof. Mrs. Riffat Saqlain 
  • Prof. Ms. Tallat Yazdani 
  • Prof. Dr. Maryam Wasif  
  • Dr. Samia Nasreen
  • Prof. Dr. Muhammad Afzal 

LEARNING OBJECTIVES 

Following are the learning objectives of the BS Economics program: 

•    To enable the graduates to apply knowledge gained in the degree program effectively and efficiently. 

•    To step into Research and Development (R&D) effectively. 

•    To pursue higher studies in any national, international university of high repute. 

•    A wide variety of elective subjects are offered which brings diversity in the program. It also includes provision of areas of specialization. 

•    Compulsory summer internships to give hands-on experience to students. Internships are arranged by the university. 

•    To make them understand the professional and ethical responsibilities of research economists. 

•    To provide students with a strong foundation in economics that emphasizes the application of the fundamental mathematical, statistical and economic principles. 

OUTCOMES 

Following are the outcomes of the BS Economics program: 

•    Students shall have an ability to identify, formulate and solve practical economic problems. 

•    Students shall have an ability to work in a professional economic environment, and to understand the associated economic considerations. 

•  Students shall have an ability to use modern economic tools, techniques, and skills necessary to pursue higher studies in any national, international university of high repute. 

•   A wide and diverse knowledge of economic topics that give students the capacity to choose from a larger field of employment possibilities and adapt appropriately to the ever-changing requirements and demands in their careers. 

•   Students shall have an ability to work effectively in teams including multidisciplinary teams to solve economic problems relevant to their field. 

•   Students shall have an understanding of the professional and ethical responsibilities of research economists. Sciences