Department

Economics

Level

Postgraduate

Colleges

College of Economics & Social Development

Course Detail

The PhD in Economics focuses on providing state-of-the-art teaching and research skills within the broader field of economics. This  program aims to produce scholars with thorough knowledge of economic theory, technical and quantitative skills and the ability to apply  these to study economic problems. These goals are achieved through teaching, workshops, research seminars, term papers and thesis  writing. 

Eligibility: 

 • MS/MPhil or equivalent graduates from HEC recognized institutions meeting the following criteria:   • A minimum CGPA of 3.00 on a scale of 4.00 (or overall 60% marks) or equivalent 

 • A minimum of 18 years of schooling that corresponds MS/MPhil equivalent degree from HEC-recognized institutions in a  relevant discipline 

 • GRE subject-specific or GAT subject test conducted by the NTS, or equivalent in the relevant discipline. A minimum of 60%  (percentage) marks is required  

 • Pass interview conducted by the Institute  

 • Meet all other HEC stipulated requirements, Program Requirements. PhD requires completion of coursework and a dissertation/ thesis. Minimum duration is 3 years, and maximum is 8 years:  

PhD coursework requirements for an MS/MPhil degree with an Economics background consist of six graduate-level courses (18 credit  hours). For an MS/MPhil degree with a non-economics background, completion of four deficiency courses (12 credit hours) is also  required.  

On completion of the dissertation/thesis, the student is awarded 30 credit hours. 

A PhD student must additionally complete the following requirements: completion of coursework.  

 • Comprehensive Exam 

 • PhD Proposal/Synopsis Development 

 • PhD Proposal/Synopsis Defense  

 • BASR Approval of PhD Proposal/Synopsis  

 • Continuous enrollment in supervised research courses for meeting the full-time residency requirements  • Completion of PhD Dissertation/Thesis 

 • Selection of External Evaluators by BASR  

 • Publication of at least one paper in an ISI-indexed or an HEC-recognized journal or an official acceptance of the paper   • Evaluation of PhD Dissertation by two foreign faculty members from developed countries as per HEC criteria   • Dissertation/Thesis Finalization  

 • Open defense of PhD dissertation  

 • Any other HEC requirement  

 • Final Dissertation/Thesis Submission to BASR

Deficiency Courses 

MS (Without Economics background) (Maximum 12 Credit hours) 

ECO601 Microeconomics 

ECO602 Macroeconomics 

ECO603 Econometrics and Research Methods 

ECO611 Mathematics for Economists

Core Courses 

PDE701 Advanced Research Methodology 

PDE702 Advanced Applied Econometrics 

PDE704 New Dimensions in Economics and Public Policies 

PDE705 Advanced Microeconomics

PDE711 Industrial Economics in a Globalized World 

PDE712 Public Finance 

PDE714 Selected Topics in Monetary Economics 

PDE715 Selected Topics in Islamic Economics 

PDE716 Mergers, Acquisitions and Restructuring 

PDE717 Topics in Labor Economics 

PDE718 Topics in Financial Economics 

PDE719 Political Economy & Economic Policy Analysis  

PDE720 Topics in Environmental Economics 

PDE 721 Economics of Governance 

PDE722 Topics in Health Economics 

PDE723 Agricultural Policy 

PDE 849 Research Thesis 

PDE850 Research Thesis 

PDE 851 Research Thesis  

** Muslim students are required to take Understanding of the Holy Quran I (1 credit hour) and Understanding of the Holy Quran II (1  credit hour) during the Summer semesters to complete the degree requirement. Both courses are graded on a Pass/Fail basis and have  no prerequisites. 

**Note for Non-Muslim Students 

Non-Muslim students will take a suitable 2-credit-hour General Education course in place of Understanding of the Holy Quran, as ap proved by the Institute’s statutory bodies. 

Semester One Semester Two 

PDE701 Advanced Research Methodology PDE705 Advance Microeconomics PDE702 Advanced Applied Econometrics Elective I 

PDE704 New Dimensions in Economics and Public Policy Elective II 

Semester Three 

PDE850 Research Thesis

Semester One Semester Two 

ECO601 Microeconomics (Deficiency Course) ECO609 Mathematics for Economists (Deficiency Course) ECO602 Macroeconomics (Deficiency Course) PDE701 Advanced Research Methodology ECO603 Econometrics & Research Methods (Deficiency Course) PDE702 Advanced Applied Econometric 

Semester Three Semester Four 

PDE704 New Dimensions in Economics and Public Policy Elective I 

PDE705 Advance Microeconomics Elective II

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