PhD in
Economics
Department
Economics
Level
Postgraduate
College
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.Â
Eligibility:Â
 ⢠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 equivalentÂ
 ⢠A minimum of 18 years of schooling that corresponds MS/MPhil equivalent degree from HEC-recognized institutions in a relevant disciplineÂ
 ⢠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 Â
 ⢠Pass interview conducted by the Institute Â
 ⢠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: Â
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. Â
On completion of the dissertation/thesis, the student is awarded 30 credit hours.Â
A PhD student must additionally complete the following requirements: completion of coursework. Â
 ⢠Comprehensive ExamÂ
 ⢠PhD Proposal/Synopsis DevelopmentÂ
 ⢠PhD Proposal/Synopsis Defense Â
 ⢠BASR Approval of PhD Proposal/Synopsis Â
 ⢠Continuous enrollment in supervised research courses for meeting the full-time residency requirements ⢠Completion of PhD Dissertation/ThesisÂ
 ⢠Selection of External Evaluators by BASR Â
 ⢠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 Â
 ⢠Open defense of PhD dissertation Â
 ⢠Any other HEC requirement Â
 ⢠Final Dissertation/Thesis Submission to BASR
PhD Course Structure
Deficiency CoursesÂ
MS (Without Economics background) (Maximum 12 Credit hours)Â
ECO601 MicroeconomicsÂ
ECO602 MacroeconomicsÂ
ECO603 Econometrics and Research MethodsÂ
ECO611 Mathematics for Economists
PhD (18 Credit hours)
Core CoursesÂ
PDE701 Advanced Research MethodologyÂ
PDE702 Advanced Applied EconometricsÂ
PDE704 New Dimensions in Economics and Public PoliciesÂ
PDE705 Advanced Microeconomics
Elective Courses
PDE711 Industrial Economics in a Globalized WorldÂ
PDE712 Public FinanceÂ
PDE714 Selected Topics in Monetary EconomicsÂ
PDE715 Selected Topics in Islamic EconomicsÂ
PDE716 Mergers, Acquisitions and RestructuringÂ
PDE717 Topics in Labor EconomicsÂ
PDE718 Topics in Financial EconomicsÂ
PDE719 Political Economy & Economic Policy Analysis Â
PDE720 Topics in Environmental EconomicsÂ
PDE 721 Economics of GovernanceÂ
PDE722 Topics in Health EconomicsÂ
PDE723 Agricultural PolicyÂ
PDE 849 Research ThesisÂ
PDE850 Research ThesisÂ
PDE 851 Research Thesis Â
** 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.Â
**Note for Non-Muslim StudentsÂ
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 Instituteâs statutory bodies.Â
Semester One Semester TwoÂ
PDE701 Advanced Research Methodology PDE705 Advance Microeconomics PDE702 Advanced Applied Econometrics Elective IÂ
PDE704 New Dimensions in Economics and Public Policy Elective IIÂ
Semester ThreeÂ
PDE850 Research Thesis
Course Structure (MS Without Economics background)
Semester One Semester TwoÂ
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 EconometricÂ
Semester Three Semester FourÂ
PDE704 New Dimensions in Economics and Public Policy Elective IÂ
PDE705 Advance Microeconomics Elective II