Arts
BS Economics
The Bachelor of Science in Economics program is an excellent choice for students who have completed 12 years of education and are looking for a career-driven and market-based educational program in the field of Economics. The program offers a perfect blend of theoretical, quantitative, and applied areas in economics, which will enable the students to analyze, review, and provide solutions to complex problems with intellectual independence and utmost confidence.
What is BS Economics?
A BS in Economics is a four-year undergraduate degree program that provides students with an in-depth understanding of economics. It focuses on the study of the production, distribution, and consumption of goods and services. The program is designed to equip students with a strong foundation in economic theory, quantitative methods, and analytical skills. Here are some key aspects that are typically associated with a BS in Economics.
Eligibility :
To be eligible, the candidate must have completed 12 years of education at an intermediate level with a minimum of 45% marks.
Duration :
It is a four-year full-time program that is divided into eight semesters. Each semester lasts for at least 18 weeks, which includes teaching and exams.
Program Objectives :
The primary goal is to attain high standards of education, teaching, and research in economics.
More specific objectives include:
- Impart sound theoretical and applied knowledge of economics.
- Provide a comprehensive explanation of the economic theory regarding global economic issues and its impact on Pakistan's economy.
- The goal is to equip students with skills to become proficient independent researchers and learners.
- Develop professionals with a robust understanding of economics to analyze issues in developing countries like Pakistan
- The objective is to equip students with the necessary skills and knowledge to pursue advanced studies in economics.
Assessment of Study Progress:
The evaluation system for students' academic progress is based on continuous assessment throughout the semester. This is done by assigning tasks, conducting online quizzes, graded discussion boards (GDBs), and mid-term and final-term exams. The mid-term and final-term exams are held at designated exam centers of VU and usually carry 80 to 85% weightage in the total marks for a course.
Project Internship :
Students are required to complete a Final Year Project of 6 credit hours, which will be split equally between the 7th and 8th semesters, with a workload of 3 credit hours per semester.
Students who are working on a project have the freedom to choose their final project. However, it is mandatory for the students to consult with their project advisor before finalizing their choice. The students must submit a comprehensive write-up of their project and may also be asked to give a presentation.
Course Outline :
| Semester No. 1 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECON 101 | English - I | 3 | |||||
| ECON 102 | Principles of Microeconomics | 3 | |||||
| ECON 103 | Islamic Studies / Ethics | 2 | |||||
| ECON 104 | Basic Mathematics | 3 | |||||
| ECON 105 | Diversification - I | 3 | |||||
| ECON 106 | Diversification - II | 3 | |||||
| Semester No. 2 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO303 | English - II | 3 | |||||
| ECO304 | Pakistan Studies | 2 | |||||
| ECO305 | Principles of Macroeconomics | 3 | |||||
| ECO306 | Statistics - I | 3 | |||||
| ECO307 | Diversification - 3 | 3 | |||||
| ECO308 | Diversification - 4 | 3 | |||||
| Semester No. 3 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO402 | English - III | 3 | |||||
| ECO501 | Intermediate Microeconomics | 3 | |||||
| ECO606 | Introduction to Computer | 3 | |||||
| ECO101 | Intermediate Mathematics * | 3 | |||||
| ECO301 | Diversification - 5 | 3 | |||||
| ECO309 | Diversification - 6 | 3 | |||||
| Semester No. 4 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO403 | English - IV* | 3 | |||||
| ECO610 | Intermediate Macroeconomics | 3 | |||||
| ECO612 | Statistics - II | 3 | |||||
| ECO616 | Issues in World Economy | 3 | |||||
| ECO620 | Diversification - 7 | 3 | |||||
| Semester No. 5 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO603 | Microeconomic Analysis | 3 | |||||
| ECO607 | Monetary Economics | 3 | |||||
| ECO614 | Public Finance | 3 | |||||
| MGT411 | Mathematical Economics | 3 | |||||
| MGT602 | Econometrics | 3 | |||||
| Semester No. 6 | |||||||
| Course Code | Title | Credit Hours | |||||
| BNK611 | Macroeconomic Analysis | 3 | |||||
| ECO601 | International Economics | 3 | |||||
| ECO613 | Development Economics | 3 | |||||
| ECO615 | Financial Economics | 3 | |||||
| ECO616 | Research Methodology | 3 | |||||
| Semester No. 7 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO618 | Time Series and Panel Data Econometrics** | 3 | |||||
| ECO499A | Dynamic Optimization** | 3 | |||||
| ECO604 | Islamic Economics | 3 | |||||
| ECO605 | Optional - 1*** | 3 | |||||
| ECO609 | Optional - 2 | 3 | |||||
| Semester No. 8 | |||||||
| Course Code | Title | Credit Hours | |||||
| ECO404 | General Equilibrium & Welfare Economics ** | 3 | |||||
| ECO499B | Economic Growth** | 3 | |||||
| ECO608 | Issues in Pakistan Economy | 3 | |||||
| ECO622 | Optional - 4 | 3 | |||||