DEPARTMENT

OF ECONOMICS FUUAST
M. Phil Economics
Admission criteria
1) A 16 years degree in Economics or relevant field1 with a minimum of 2.5/4.00 CGPA
under semester system or 50% marks under the annual system from the HEC recognized
institutions.
2) The candidates must pass NTS/ GRE (General) or the admission test and interview
conducted by the department with at least 50 % marks.
3) In-service candidates are required to provide an NOC from their department.

Program duration
Minimum 4 semesters (2 years)
Maximum As per university rules

Credit hours:
For award of M.Phil degree, candidates need to complete 30 credit hours; 24 credit hours of
course work and 6 credit hours of thesis research.

Thesis research:
1) After the completion of course work with a CGPA of 2.5/4.00 or above the student will
develop a research proposal on a suitable topic under the supervision of an assigned
teacher preferably from the department.
2) After the approval of the synopsis/ research proposal by the supervisor the student will
give a seminar to be attended by the faculty and the students.
3) The synopsis after its approval by Departmental Research Committee (DRC) will be
submitted to the Graduate Research Management Council (GRMC) for its final approval.
4) After the completion of research on the approved topic the student will prepare a draft
report based on the results of his/her research. This draft will be forwarded by the
supervisor to the seminar coordinator for arranging a seminar by the student.
5) The student will take note of the comments/observations made in the seminar and
incorporate the same in the final draft. The supervisor will ensure the incorporation of the
comments of the seminar and certify to that effect.
6) The supervisor will be responsible for ensuring the integrity of the manuscript and it is
being free from plagiarism.

1
DEPARTMENT OF ECONOMICS FUUAST
M. Phil Economics

Courses
Semester-wise details of courses are given below:

Semester- I

Course Code Course Title Cr. Hours

ECO-511 Microeconomics-I 3
ECO-513 Development Economics 3
ECO-512 Macroeconomics-I 3
ECO-514 Statistics for Economists 3
ECO-515 Mathematical Economics 3

Semester- II

Course Code Course Title Cr. Hours

ECO-521 Microeconomics-II 3
ECO-522 Macroeconomics-II 3
ECO-526 Public Finance 3
ECO-527 Econometrics 3
ECO-528 Research Methodology 3

Semester-III

Course Code Course Title Cr. Hours

ECO-631 Monetary Economics 3
ECO-632 International Trade 3
ECO- Optional-I 3
ECO- Optional -II 3
ECO- Optional -III 3

Semester-IV

Course Code Course Title Cr. Hours

ECO-641 International Finance 3
ECO-642 Labour Economics 3
ECO- Optional -I 3
ECO- Optional -II 3
ECO- Optional -III 3

2
2.4. Optional courses2

Semester-III
Course Code Course Title Cr.Hours
ECO-633 Agricultural Economics 3
ECO-634 Applied Economics 3
ECO-637 Economy of Pakistan 3
ECO-638 Environmental Economics 3
ECO-639 Fiscal Policy 3
ECO-6311 Health Economics 3
ECO-6312 Industrial Economics 3
ECO-6318 Project Planning , Monitoring 3
and Evaluation
ECO-6319 Public Policy 3

Semester-IV

Course Code Course Title Cr.Hours

ECO-643 Demographic Economics 3
ECO-645 Financial Institutions and 3
Markets
ECO-647 Human Resource Development 3
ECO-648 History of Economic Thought 3
ECO-649 Islamic Economics 3
ECO-6415 Transport Economics 3
ECO-6416 Urban Economics 3
ECO-6417 Institutional Economics 3
ECO-6418 International Trade and 3
Environment
ECO-6419 Natural Resource Economics 3
ECO-700 Thesis 6

2
Minimum 10 students in the class are required to offer an optional course.

3
DEPARTMENT OF ECONOMICS FUUAST
M. Phil Economics

COURSES
Semester-wise details of courses offered to M. Phil are given below:

M. Phil. Economics

Core courses:
Semester-I

Course Code Course Title Credit Hours

ECO- 714 Advanced Microeconomics 3
ECO -724 Advanced Macroeconomics 3
ECO- 811 Research Methods in Social Sciences 3
ECO- Optional Course 3

Semester-II
Course Code Course Title Credit Hours
ECO-741 Advanced Econometric Methods 3
ECO-751 Topics in Development Economics 3
ECO- Optional Course 3
ECO- Optional Course 3

Optional courses
Course Code Course Title Credit Hours
ECO- 731 Advanced Mathematical Economics 3
ECO- 752 Issues in Development Economics (for 3
Ph.D only)
ECO- 761 Topics in International Economics 3
ECO- 812 Topics in International Finance 3
ECO- 813 Globalization and Economic Integration 3
ECO- 814 Optimization in Economics 3
ECO- 815 Topics in Human Resource Development 3

4
 ECO- 816 Issues in Health Economics 3
ECO- 817 Topics in Labor Economics 3
ECO- 818 Topics in Environmental Economics 3
ECO- 819 Climate Change Modeling 3
ECO- 820 Energy Economics and Policy 3
ECO- 821 Public Sector Economics 3
ECO- 822 Public Policy 3
ECO- 823 Computable General Equilibrium (CGE) 3
Modeling
ECO- 824 Topics in Applied Economics 3
ECO- 825 Experimental Economics 3
ECO- 826 Topics in Transport Economics 3
ECO- 827 Topics in Industrial Economics 3
ECO- 828 Topics in Urban Economics 3
ECO- 829 Topics in Applied Econometrics 3
ECO- 830 Issues in Banking and Finance 3
ECO- 831 Advanced Monetary Economics 3
ECO- 832 Monetary Policy 3
ECO- 833 Governance and Institutions 3
ECO- 841 Issues in Agricultural Economics 3
ECO- 842 Food and Agricultural Policy 3

 For promotion from the first to second semester a student must pass 75 percent of the
courses.