Economics is the study of how agents such as individuals, governments, societies, households etc. take decisions. It provides training in analytical tools that help to isolate real world issues from their immense complexities and understand their dynamics more clearly. Economists are trained to answer questions, such as, how to meet ends in a most efficient possible manner while taking into account the alternatives on one end and trade-offs on the other? This training will positively support you in making positive contribution to your life and society. It will help you comprehend the statistical techniques to analyze and predict human behavior through the use of conceptual models.

The Department of Economics falls under faculty of humanities and social sciences. It offers BS Economics with specialization streams in:

  1. Econometrics, and
  2. Development Economics

If you are interested in exploring themes such as comparative development, poverty, inequality, the effects of climate change etc. then you should choose development economics. Other than traditional job market for economists, this will open career pathways to NGOs’.

However, if you are more mathematically inclined then you should choose Econometrics. An excellent choice for a student who might want to pursue a master’s degree in a quantitative field such as evaluation of public policy. This stream will train you to analyse economic phenomenon using quantitative methods.

Our graduates are likely to be employed in

  1. Academia (Public and Private)
  2. Research and Policy Institutes
  • NGO’s
  1. Government Agencies in Socioeconomic Arena.

Applicants who have successfully completed

  • Matric and FA/FSc/ICom
  • O-levels results (in at least 6 subjects) and A-levels (in at least 3 full credit courses)
  • American High School Diploma (HSD)
  • International Baccalaureate (IB)

Students enrolled in our program must earn 100 credit hours purely in economics to graduate. The total number of credit hours required to complete degree is 130. Economics is an intellectually challenging curriculum, so as you progress through your studies, you can expect the demands on your study time to increase.

In order to guarantee your application is reviewed for admission, the complete application (including all supplemental materials) needs to be submitted to NIU no later than August 18, 2017.

The website you are viewing contains extensive information about the economics program(s) and the department’s faculty and their research. We strongly encourage prospective students who are able to make a trip to NIU to meet with faculty. Contact the Senior Manager, Academic Affairs, Ms Asma Ehtsham at, for details and to make arrangements.

Core Economics courses are offered every year. Many elective courses are offered every Fall and Spring semesters. Some elective courses are offered less frequently. A small number of elective courses are offered in the Summer. Your advisor can help to you plan your schedule.

Yes, you can transfer up to half the degree credit hours. But credit hours may only be transferred between HEC recognized HEIs and internationally recognized universities. Subject to the similarity and equivalence of at least 80% of courses of the respective discipline/degree for undergraduates and graduate programs and availability of seat(s), the transfer of credit request(s) will be processed for a regular semester only. Credits are transferred on course to course basis i.e. a person taking course A at any HEC recognized University is allowed to transfer his/her credits to NIU provided that course A is equivalent to course B taught at NIU.
The department awards scholarships to students on merit and need basis.

Fill out the electronic declaration of specialization track form. The Dean Academic Affairs (currently, Professor Dr. Babar Aziz) will review and approve your declaration, and will inform you of your faculty advisor assignment by e-mail within about two weeks.

Students typically take 4 years to finish their under graduation program.

In first year, you will be taking generic level mixed courses. From 2nd year onwards you will taking immediate level Economics courses. In third year, you will be studying core courses and in last year, you will be having specialized courses.