Department of Economics

Mission Statement

The primary mission of the Department of Economics at ICBS is to provide a high-quality education in economics and financial economics to future leaders of industry, government and civil society. At the core of our education is a commitment to academic excellence and lifelong learning. Our vision is the preparation of students capable of critical thinking and independent analysis for living their lives of responsibility, leadership and service. The faculty members in the Department of Economics emphasize excellence in teaching through continuous professional development and high-quality scholarship.

The students of General Science, F.Sc (Pre-medical/Pre-engineering), ICS (Physics/ Economics/ Statistics), I.Com and F.A with Economics & A-level with economics are eligible to apply.

Message from the Head of the Master of Business Administration Executive Department:

PEO: 01

To provide in-depth understanding and education of civil engineering by incorporating analysis, design, construction and management of engineering problems.

PEO: 02

To impart ethics and concepts of sustainable development

PEO: 03

To enhance student skills through effective communication and teamwork

Course No	Course Title	Credit Hours
CC/Eng-101	Language in Use	3(3+0)
CC/Isl-101/ CC/Phil-101	Islamic Education/ Ethics (For Non Muslim)	2(2+0)
EC/Eco-101	Introduction to Computers	3(2+1)
Maj/Eco-101	Introduction to Microeconomics	3(3+0)
Min/Stat-101	Introductory Statistics	4(3+1)
Min/Math-101 Min/Psy-101 Min/Pol.Sc-101 Min/SW-101	Elementary Differential Calculus and Integral Calculus Elements of Psychology-I Introduction to Political Science Introduction and Basic Methods of Social Work (Choose Any One)	3(3+0)
Min/MC-101*	Introduction to Communication and Journalism	3(3+0)
	Total Credit Hours	18

Course No	Course Title	Credit Hours
CC/Eng-102	Academic Reading & Writing	3(3+0)
CC/PS-101	Pakistan Studies	2(2+0)
Maj/Eco-102	Introduction to Macroeconomics	3(3+0)
Maj/Eco-103	Basic Mathematical Economics	3(3+0)
Min/Stat-102	Introduction to Probability Distribution	4(3+1)
Min/Math-102 Min/Psy-102 Min/Pol.Sc-102 Min/SW-102	Complex Number and Analytical Geometry Elements of Psychology-II Fundamentals of Political Science Society and Social Change (Choose Any One)	3(3+0)
Min/MC-102*	Introduction to News Writing Techniques	3(3+0)
	Total Credit Hours	18

Course No	Course Title	Credit Hours
CC/Eng-201	Communication Skills	3(3+0)
Maj/Eco-201	Intermediate Microeconomics	3(3+0)
Maj/Eco-202	Statistical Inference for Social Sciences	3(3+0)
Maj/Eco-203	Mathematical Economics-I	3(3+0)
Min/MC-201	Introduction to Communication and Mass Media	3(3+0)
Min/Math-201 Min/SW-201 Min/Psy-201 Min/Pol.Sc-201	Three Dimensional Analytical Geometry and Differential Social Development of Pakistan Psychology of Adjustment The Comparative Constitutions: Developed (Choose Any One)	3(3+0)
Min/MC-201*	Introduction to Electronic Media	3(3+0)
	Total Credit Hours	18

Course No	Course Title	Credit Hours
CC/ Eng-202	Advanced Academic Reading and Writing	3(3+0)
Maj/Eco-204	Intermediate Macroeconomics	3(3+0)
Maj/Eco-205	Research Methodology	3(3+0)
Maj/Eco-206	Computer Application in Economics	3(3+0)
EC/Eco-201	Islamic Economics	3(3+0)
Min/Math-202 Min/SW-202 Min/Psy-202 Min/Pol.Sc-202	Infinite Series and Linear Algebra Secondary Methods and Fields of Social Work Organizational and Social Psychology The Comparative Constitutions: Developing (Choose Any One)	3(3+0)
Min/MC-202*	Media and Information Literacy	3(3+0)
	Total Credit Hours	18

Course No	Course Title	Credit Hours
Maj/Eco-301	Microeconomics Analysis	3(3+0)
Maj/Eco-302	Macroeconomics Analysis	3(3+0)
Maj/Eco-303	Development Economists	3(3+0)
Maj/Eco-304	Mathematical Economics-II	3(3+0)
EC/Eco-301	Managerial Economics	3(3+0)
	Total Credit Hours	15

Course No	Course Title	Credit Hours
Maj/Eco-305	Econometrics-I	3(3+0)
Maj/Eco-306	International Economics-I	3(3+0)
Maj/Eco-307	Monetary Economics	3(3+0)
EC/Eco-303	Public Finance	3(3+0)
EC/Eco-304	History of Economic Thought	3(3+0)
	Total Credit Hours	15

Course No	Course Title	Credit Hours
Maj/Eco-401	Econometrics-II	3(3+0)
Maj/Eco-402	International Economics-II	3(3+0)
Maj/Eco-403	Current Issues in Pakistan’s Economy	3(3+0)
Maj/Eco-404	Research Project/Internship Report **	06
EC/Eco-401	Project Analysis with Reference to Pakistan	3(3+0)
	Total Credit Hours	18

Course No	Course Title	Credit Hours
Maj/Eco-405	Econometrics-III	3(3+0)
EC/Eco-402	Development Policies	3(3+0)
EC/Eco-403	Human Resource Development	3(3+0)
EC/Eco-404	Political Economy	3(3+0)
	Total Credit Hours	12