Bachelor of Science in Economics: BS (EC)

Program Overview

“Preparing students with latest economic theories, tools and techniques”

The program gives students a rigorous insight into economics from both a holistic and methodological perspective. Emphasis is placed throughout the program on grooming the personality of our students and sharpening their communication skills. CIIT expects that its students not only become thoroughly familiar with all essential and current economics concepts and practices, but are also able to think analytically and innovatively and, above all, to judiciously apply their acquired knowledge in practical situations they may encounter in a professional context after their graduation. The next section delineates the salient features of the programme.

Salient features
  • Develops students diverse skills in microeconomics, business economics, macroeconomics, development economics, environmental economics, and mathematical economics
  • Develops in depth understanding of world economy in general and Pakistan’s economy in particular
  • Develops students for job market
  • Highly prolific researchers. They are producing high quality research in journals of international repute
  • Faculty undertake economic projects of national and strategic importance
  • PhD faculty has diverse research interests ranging from econometrics to development economics to micro and macro economics

Eligibility Criteria

  • Minimum 50% marks in Intermediate or equivalent
  • NTS test
  • Weighted criteria
  • Matric 10%
  • Intermediate 40%
  • Entrance tests (NTS) 50%

Programme Objectives

  • To Equip students with key economic theories
  • To develops students skills in applied economics
  • Envisioned to training students both in Micro and Macro economics
  • To develop hands on knowledge of economy and its different sectors

Programme Scope

BS Economics program is designed to make graduates fully equipped with Economic Theory as well as Applied Economics. In Economic Theory students would be trained with the basic concepts of how to deal with individuals, like behavior of a single firm and a single consumer and how to look the things from aggregate perspective. These two perspectives are respectively termed as Micro Economics and Macro Economics. The other courses of Economics include Business Economics, Development Economics, Environmental Economics and Mathematical Economics. These courses help students to have deep knowledge of current affairs of all sectors of their country.

Programme Structure

Category

Number of Courses

Credit Hours

Economics Core Courses 25 75
Economics Elective Courses 04 12
Support Courses 13 39
Thesis or 2 courses 02 06
Total< 44 132

Faculty Profile

Currently, there are 66 full time faculty members teaching in MS department and management-related courses in other departments

  • 8 faculty members with foreign doctoral degrees from USA, UK, Germany, Malaysia, Japan, and China
  • 7 faculty members with an indigenous doctoral degree
  • 11 faculty members hold foreign MS degrees from USA, UK, Canada, Germany, Sweden, and Australia
  • 16 faculty members have MS degrees from well reputed Pakistani universities
  • 24 have MBA or equivalent qualification
  • Most non-PhD faculty members have very good corporate experience which add value to the students learning
  • Foreign faculty from Germany, USA, UK, Australia, and Malaysia and other developed countries regularly delivers lectures

Career Prospects / Opportunities

The program will provide a strong foundation to the students for a variety of careers: banking and financial services especially State bank of Pakistan, international business, public service, United Nations Organization (UNO) and other international organizations, NGOs, academia, entrepreneurial ventures and public administration to name a few.

Teaching Methodology

Methods of teaching include, but are not limited to:

  • Lectures
  • Tutorials
  • Case studies
  • Class discussions
  • Group studies
  • Assignments
  • Quizzes
  • Business games

This methodology enables students to develop the following transferable and intellectual skills by integrating them in the curriculum of different offered courses:

  • Conceptual skills
  • Human skills
  • Technical skills (subject related know-how)
  • Analytical skills
  • Reading/Writing Skills
  • Computer Skills
  • Communication Skills
  • Listening skills
  • Research Skills

Curriculum Development

Suggestions/proposals are collected from faculty and academic area in-charges. These suggestions/proposals are discussed in the Departmental Academic Review Committee (DARC). If accepted by the DARC, these recommendations are then forwarded to the Board of Studies (BOS) for further consideration. Accepted proposals are then forwarded to the Board of Faculty (BOF). If approved by the BOF, recommendations are then finally get approved by the Academic Council to be included as part of the curriculum.

Quality Assurance

Quality of education under this programme is monitored at the departmental and institutional level.

  • Academic Area heads are appointed to monitor content and quality of the courses
  • Fortnightly Review Report (FRR) is generated to ensure coverage and monitor delivery of lectures
  • Fortnightly Review Report (FRR) is discussed in detail in Departmental Academic Review Committee (DARC) meeting
  • Academic area heads provide feedback to the faculty which incorporate and adjust the contents accordingly