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Introduction

BS Economics  (For BA/B.Sc OR Associate Degree with less than 60 credit hours or Associate Degree  in other disciplinesBased)

The study of economics involves an analytical look at how scarce resources are allocated to various areas of production. It emphasizes the importance of making choices between desirable alternatives. The study of economics provides tools to make these choices in such areas as employment, economic growth, price stability, and trade. The Bachelor of Science in Economics program is designed for those students who, after completing their 14 years of education are looking for some knowledge based, career oriented and market determined educational program in the field of economics. The program is the blend of different courses like theoretical, quantitative, and applied areas in economics, which will enable the students to review, analyze and provide solutions to complex problems with intellectual independence.

Objectives of the Programs:

The main objective is to achieve the highest possible standards of education, teaching, and research in economics. More specific objectives are to:

  • Enhance the qualification of those who could not continue their education after BA/BSc/ associate degree without economics through formal universities.
  •  Impart sound theoretical and applied knowledge of economics.
  • Develop an ability in students to become effective independent researchers and learners.
  • Provide a thorough understanding of the economic theory pertaining to global economic issues and its impact on Pakistan’s economy.

 

Learning outcomes of the bridging semester courses. 

  • To give a sufficient establishment in the fundamental subject, with the goal that students don’t confront with the academic issues when they join major course ahead.
  • To overcome any barrier between subjects learned at graduation level and subjects they would concentrate on B.S 

Evaluation Policy:

                        As per AIOU approved assessment criteria at BS level.

Eligibility Criteria

An applicant having second class (minimum 45% marks) in bachelor’s degree BA/BScORassociate degree in other disciplines. OR AD with less than 60 credit hours.

Teaching Methodology

The program will be offered according to ODL Education Policy. Lectures will be delivered through the Learning Management System (LMS).

2.1)         SCHEME OF STUDY B.S ECONOMICS

                              (BA/B.Sc. OR Associate Degree in other Disciplines Based OR AD With less than 60 credit hours Based)

 

The distribution of courses

Sr. No.

Nature of Courses

No. of Courses

Credit Hours

1

Major (Economics)

22

66

2

Interdisciplinary

04

12

3

Capstone Project

01

03

4

Internship

01

03

5

Non-Credit

02

Nil

                              Total

30

84

Name of Subject

Academic Cluster

Credit Hours

Course Code

 Intermediate Microeconomics

Major

3(3+0)

9303

 Intermediate Macroeconomics

Major

3(3+0)

9304

 Introduction to Statistics for Economists

Major

3(3+0)

9309

 Introduction to Mathematical Economics

Major

3(3+0)

9311

Development Economics

Major

3(3+0)

9315

Monetary Economics

Major

3(3+0)

9322

 

 

 

 

Total

 

18

 

Name of Subject

Academic Cluster

Credit Hours

Course Code

Microeconomic Analysis

Major

3(3+0)

9305

Macroeconomic Analysis

Major

3(3+0)

9306

 Intermediate Mathematical Economics

Major

3(3+0)

9312

Principles of Accounting

Interdisciplinary

3(3+0)

5401

 Intermediate Statistics for Economists

Major

3(3+0)

9310

Fahm-e-Quran (Tajwid, Translation and Tafsir)

 

Non-Credit

9487

Total

 

15

 

Name of Subject

Academic Cluster

Credit Hours

Course

Code

General Equilibrium & Welfare Economics

Major

3(3+0)

9307

Macroeconomic Dynamics

Major

3(3+0)

9308

 Fundamentals of Econometrics

Major

3(3+0)

9313

Islamic Economics

Major

3(3+0)

9321

Money and Capital Markets

Interdisciplinary

3(3+0)

5054

Seerat-E-Tayyaba

 

Non-Credit

9488

Total

 

15

 

Name of Subject

Academic Cluster

Credit Hours

Course code

Public Sector Economics

Major

3(3+0)

9320

Econometric Methods & Techniques

Major

3(3+0)

9314

International Trade Theory &Policy

Major

3(3+0)

9319

Agricultural Economics

Major

3(3+0)

9331

Fundamentals of Business

Interdisciplinary

3(3+0)

5402

Internship

Mandatory

3(0+3)

9336

Total

 

18

 

Name of Subject

Academic Cluster

Credit Hours

Course Code

Research Methodology

Major

3(3+0)

9318

Population Economics

Major

3(3+0)

9326

Institutional Economics

Major

3(3+0)

9332

Energy Economics

Major

3(3+0)

9328

Principles of Management

Interdisciplinary

3(3+0)

5414

Capstone Project

Mandatory

3(0+3)

9337

Total

 

18

 

1

2

3

4

5

6

Semesters

Offering Semester: Spring & Autumn

About

The Allama Iqbal Open University was established in May, 1974, with the main objectives of providing educational opportunities to masses and to those who cannot leave their homes and jobs. During all these past years, the University has more than fulfilled this promise.