Economics

Introduction

The foremost priority of the Department of Economics at the University of Sahiwal is to augment the quality of education and research in the subject of economics and to produce well trained graduates and researchers who can contribute significantly to the national and international avenues. The department has developed the curricula in such a manner that it can emerge as one of the competitive schools of economics in the region. The formulation of policy alternatives by conducting solution-oriented research is not only the objective of the Department of Economics but it assists the policy-makers to formulate a sustainable strategy for economic growth and development. In doing so, the department is committed to playing a key role in filling the gap and providing the human resource that is required to improve the momentum of economic growth and help eradicate the socio-economic issues of the society.

Vision and Mission

In general, the aim of the Department of Economics is to provide insights for public policy, day-today businesses and reshaping human behavior, which could not only help running and to implement more successful business practices but to formulate effective government policy. While economists specifically study how markets work to determine what, how and for whom to produce questions, the department primarily focuses on the macroeconomic challenges of national and global impact and importance. As the strong commitment of the Department of Economics, University of Sahiwal is to nurture and enable a conducive environment for state-of-the-art focused research and policy analysis culture, it gives us an immense pleasure to announce that recently the department has become a leading institute of the region by launching its ‘M.Phil. Economics’ program to provide the researchers of economic science and equivalent subject areas a platform for learning more specialized subjects of economics and conducting research under the supervision of national- and foreign-qualified PhD faculty members. The mission of M.Phil. Economics program is to provide learning to the candidates so that they are capable to lead the community. They will be expected to develop and apply strategies for the integrated development of all sections of society. Since the program has been designed by keeping into consideration the HEC requirements, ‘M.Phil. Economics’ is a 2- year degree program of 30 credit hours distributed in four semesters.

Scheme of studies BS Economics

Semester I Semester II
1. Principles of Microeconomics 2. English-I 3. Islamic Studies 4. Basic Mathematics 5. Introduction to Geography 6. Principles of Psychology 1. English-II 2. Pakistan Studies 3. Principles of Macroeconomics 4. Introduction to Sociology 5. International Relations 6. Statistics-I
Semester III Semester IV
1. Intermediate Microeconomics 2. English-III 3. Intermediate Mathematics 4. Introduction to Education 5. Introduction to Computer 6. Principles of Management 1. English-IV 2. Intermediate Macroeconomics 3. Statistics-II 4. Issues in World Economy 5. Introduction to Commerce 6. Principles of Accounting
Semester V Semester VI
1. Microeconomic Analysis 2. Monetary Economics 3. Public Finance 4. Mathematical Economics 5. Econometrics 1. Macroeconomic Analysis 2. International Economics 3. Development Economics 4. Financial Economics 5. Research Methodology
Semester VII Semester VIII
1. Time-Series and Panel Data 2. Dynamic Optimization 3. Islamic Economics 4. Optional-I 5. Optional-II 1. Cost-Benefit Analysis 2. Economic Growth 3. Issues in Pakistan Economy 4. Research Project and Viva Voce 5. Optional-III

Scheme of studies BS Economics with Data Science

Semester I Semester II
1. Functional English 2. Islamic Studies/Ethics 3. Quantitative Reasoning: Mathematics 4. Introduction to Information and Communication Technologies (ICT) 5. Introduction to Psychology 6. Fundamentals of Economics 1. English Linguistics 2. Quantitative Reasoning: Statistics 3. Ideology and Constitution of Pakistan 4. International Relations 5. Principles of Microeconomics 6. Programming Fundamentals
Semester III Semester IV
1. Expository Writing 2. Environmental Science 3. Political Science 4. Entrepreneurship 5. Principles of Macroeconomics 6. Data Science Fundamentals 1. Issues in Digital Economy 2. Intermediate Microeconomics 3. Intermediate Macroeconomics 4. Civics and Community Engagement 5. Statistics-II 6. Intermediate Mathematics
Semester V Semester VI
1. Computer Applications in Economics 2. Data Science for Economists 3. Object Oriented Programming 4. Econometrics 5. Mathematical Economics 1. Public Finance 2. Advanced Econometrics 3. Research Methodology 4. Data Structures and Algorithms 5. International Economics
Semester VII Semester VIII
1. Issues in Pakistan Economy 2. Data Visualization Techniques for Economists 3. Artificial Intelligence 4. Machine Learning Fundamentals 5. Capstone Project 1. Monetary Economics 2. Economic Data Analytics 3. Field Experiment/Internship 4. Platform and Architecture for Data Science 5. Artificial Neural Networks and Deep Learning