The degree provides professional training in modern economics that includes tools and techniques of economic analysis and also relates theory to real world practices. Through this programme, we create a research-led environment where students work alongside leading researchers to develop the skills required to become professional economists or conduct further research as PhD students and become analysts on alternative career paths.
Elective courses include Monetary Economics, Globalisation and Socio-economic Change, WTO, Globalisation and Economic Integration, Islamic Economics Theory and Policy, Advanced Mathematical Economics, Comparative Economic System, History of Economic Thought, Poverty and Income Distribution, Topics in Development Economics, Political and Institutional Economics and Economics of Business and Finance.
Special emphasis is laid on engaging students and faculty in research. Every student completing his/her coursework has to write a research paper (thesis) in the final semester which is equivalent to two courses of 3 credit hours each. Only in exceptional cases, thesis will be replaced by coursework.
Currently, Pakistan is facing many economic challenges and has a long way to go to have a stable and growth-prompting macroeconomic environment. The country needs well-qualified professionals who are equipped with theoretical understanding, application of concepts, quantitative analytical tools and professionalism. The MS-Economics programme at NBS aims at producing professional economists for the government sector, private/international organisations and for business. Postgraduate students in economics will be prepared to work in policy-making institutions and would be able to devise deregulation of industries, the effects of tax cuts on budget deficit and the effectiveness of imposing tariffs on imported goods.