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Introduction

The MSc program in Economics is designed for those who are unable to continue their studies in formal education system. The main objective of the program is to expose the students to the various aspects of economic theories and their application to the actual economic world. The program further stands to improve the quality and ability by creating self-confidence among the students to analyze and seek scientific solution to economic problems. Further, this program intends to create an analytical capacity among the students required to understand the working of economic systems. It is hoped that the program will help in producing such team of economists who would meet the growing need of the country. The program will also intend to equip the students with the economic tools, enabling them to provide some policy measures for the improvement of prevailing economic conditions in the developing countries in general and Pakistan in particular.

Only being offered for continuing students after Spring 2022 semester

Eligibility Criteria

Applicants having second class (minimum 45% marks) Bachelor Degree in Economics is eligible for admission.

Degree Requirement

For the award of degree of M.Sc. in Economics, a student has to complete the following requirements:

  1. Sixty (60) credit hours of course / research work within a minimum period of 4 semester (two years)
  2. Thesis in M.Sc Economic is optional. In lieu of thesis, students can take optional courses of 12 – credit hours offered by the department

Duration

2 Years

Medium of Instruction

The medium of instruction and examination is English.

Teaching Methodology

The University allots Study Centre and Tutors for the Students to get guideline accordingly. A student has to secure passing marks in Assignments as well as in final exams to successfully complete concerned Educational Programme.

AIOU Credits Required

60 Credits Hours

1

Introduction to Microeconomics

801

03

2

Introduction to Macroeconomics

802

03

3

Mathematics for Economists

803

03

4

Statistics for Economists

804

03

5

Public Finance & Fiscal Policy

808

03

1

Advanced Microeconomics                        

805

03

2

Advanced Macroeconomics                      

806

03

3

Basic Econometrics                                   

807

03

4

Development Economics-I                        

4671

03

5

Development Economics-II                      

4672

03

1

Economic Planning: Techniques

and Applications                                     

810

03

2

Monetary Theory and Policy                  

811

03

3

International Economics- I                     

4673

03

4

International Economics-II                     

4674

03

5

Islamic Economics-I                               

4675

03

6

Islamic Economics-II                              

4676

03

 

1

Thesis

814

12

OR

1

Economics & Financing of Education-I       

6565

03

2

Economics & Financing of Education-II      

6566

03

3

Educational Research and Statistics-I           

6569

03

4

Educational Research and Statistics-II          

6570

03

1

2

3

4

5

6

Workshop

There is a mandatory online workshop (for each 3 credit hours course) in each semester. Intensive lectures are delivered by the experts. It also provides an opportunity for the students to share their understanding of course contents with fellow students.

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.