At PIDE, economists are trained in Economic Theory and applied economic analysis. PIDE being a leading economic research institute realized the importance of extending the knowledge of Economics at an academic level, and has introduced M.Sc in Economics to provide advanced training in economic analysis. In addition to the core courses the programme offers a wide range off Elective subjects. It offers students an opportunity to study particular areas of economics in greater depth, from both a theoretical and an empirical perspective. The Masters programme in Economics is a two years academic programme, designed to produce professional economists. Similarly, M.Phil is a two year academic programme. It not only prepares the theoretical foundations of the students but also requires them to undertake a research thesis in the final year. The students have an option to convert their M.Phil into PhD.
The PhD programme in Economics was started eight years ago and the placement of our graduates has been at the best policy making and academic institutes in Pakistan. Our PhD Programme prepares students to make significant contribution in the field of Economics. The normal duration for the course work is two years. Students are required to pass their comprehensive examinations in order to progress to the research stage. Admission requirements into the advance degree include academic achievement and training in Economics, Mathematics, Statistics and Econometrics. The department of Economics consists of senior faculty members trained in the leading universities of the world including Cambridge, Harvard, Chicago, Columbia, Johns Hopkins, Ohio State, Kansas State, Nebraska-Lincoln, London School of Economics and Political Science, Australian National University to name a few, with research and teaching experience of over 20 years.
Several members of the department also serve as advisors to various government agencies and other multi/bi-lateral organizations. The degrees in Economics are professional degrees that prepare students for careers in the private sector as economic analysts in businesses, consultancy firms, financial institutions, and applied research firms. They may also find jobs in international organizations (World Bank, IMF, International Labour Organization etc.), government (all ministries) and non-profit organizations (non government organizations, universities and other teaching jobs).