This course provides an overview of the economic history and current emerging issues of Pakistan’s economy. The course helps students to analyze various economic problems and challenges faced by Pakistan’s economy. The core economic issues with reference to Pakistan’s economy covered in this course are Development Planning, unemployment, poverty, income distribution, economic growth, inflation, trade and deficits, public debt and sectoral imbalances.
Course Objectives & Learning Outcomes:
At the end of the course, students will be able to:
- understand about the historical economic progress of Pakistan during different eras
- evaluate various economic policies and their outcomes in Pakistan
- understand the major issues in the agriculture and industrial sector of Pakistan
- know about the pattern and causes of poverty, income disparity, inflation, unemployment, public debt, trade and budget deficit.
- evaluate various economic issues and suggest policies to overcome these issues
Microeconomics-I and Macroeconomics-I
Texts and References:
- Amjad, Rashid and Ahmed, Viqar (1984): The management of Pakistan’s economy 1947-82.
- Amjad, Rashid (2013): Pakistan: Moving the Economy Forward, Lahore School of Economics.
- Aslam, C. M. and A. Eatzaz (2004). Globalization, WTO and Trade Liberalization in Pakistan, FerozSons, Lahore.
- Khan, S. R. (2000). 50 Years of Pakistan’s Economy – Traditional Topics and Contemporary Concerns. Oxford Univ. Press, Karachi (2000).
- Mahbool-ul-Haq Centre for Human Development (MHCHD), Poverty Profile of Pakistan (1989), Oxford University Press.
- Human Development In South Asia, Annual Report.
- Saeed, K. A. (2004). The Economy of Pakistan, Karachi: Oxford University Press.
- Akbar, Z. (2005). Issues in Pakistan’s Economy, Oxford Univ., Press, Karachi.
- World Development Reports, World Bank