BS Economics with minor in Psychology attempts to integrate psychological understanding of human behavior into economic analysis. In this respect, behavioral economics parallels cognitive psychology, which attempts to guide individuals toward healthier behaviors by correcting cognitive and emotional barriers to the pursuit of genuine self-interest. The basic message of this track is that humans are hard wired to make judgment errors and they need a nudge to make decisions that are in their own best interest. The understanding of where people go wrong can help people go right. This approach complements and enhances the rational choice model. No prior knowledge of economics and psychology is needed to enroll on this program.

WHY THIS FIELD OF STUDY?

BS Economics with minor in Psychology typically cover the underlying psychological factors that drive the economic decisions of individuals. This is an interdisciplinary field that teaches about analyzing consumer behavior and economic data in order to design more effective economic policies. The field draws heavily on psychology and sociology, so individuals interested in a career in behavioral economics may want to take courses in these areas in addition to economics classes.

Study Level Undergraduate
Course Length 04 Years
Credit Hours 130
Department Economics
Location NUR International University (Model Town Campus)

Students must have 12 years higher secondary education. Also they require having minimum percentage 0f 50% to get enrolment as per HEC requirement.

Sr.

Categories

No. of courses

Credit Hours

1 Compulsory Requirement (No Choice)

09

25

2 Courses to be chosen from Economics

8

24

3 Courses to be chosen from other disciplines

7

21

4 Major Courses

13

39

5 Research project / Internship

01

06

6 Electives within the major

05

15

Total

43

130

Semester 1 Semester 2
ENGL 101 Functional English 3 (3-0) ENGL 102 Communication Skills 3 (3-0)
MATH 101 Mathematics 3 (3-0) ISLM 101 Islamic Studies 2 (2-0)
ECON 100 Fundamentals of Economics 3 (3-0) CSCS 101 Introduction to Computer 3 (2-1)
UNIV 100 Foundations of University Education 3 (3-0) ECON 101 Fundamentals of Microeconomics 3 (3-0)
Minor course I 3 (3-0) ECON 106 Fundamentals of Macroeconomics 3 (3-0)
Minor course II 3 (3-0) Minor course III 3 (3-0)
Semester 3 Semester 4
ENGL 103 Technical Writing and Presentation Skills 3 (3-0) ECON 201 Intermediate Microeconomics 3 (3-0)
PKST 101 Pakistan Studies 2 (2-0) ECON 206 Intermediate Macroeconomics 3 (3-0)
ECON 211 Basic Mathematics for Economists 3 (3-0) ECON 216 Introduction to Statistical Methods for Economists 3 (3-0)
Minor course IV 3 (3-0) Minor course VI 3 (3-0)
Minor course V 3 (3-0) Minor course VII 3 (3-0)
Semester 5 Semester 6
ECON 306 International Trade Theory 3 (3-0) ECON 330 Research Methods & Computer Applications 3 (3-0)
ECON 327 Public Sector Economics 3 (3-0) ECON 322 Econometrics II 3 (3-0)
ECON 321 Econometrics I 3 (3-0) ECON 354 Game Theory 3 (3-0)
ECON 334 Welfare & General Equilibrium Analysis 3 (3-0) ECON 332 Development Economics Theory 3 (3-0)
ECON 353 Managerial Economics 3 (3-0) ECON 311 Advance Mathematical Economics 3 (3-0)
Summer Semester
ECON 498 Internship 6 (0-6)
Semester 7 Semester 8
ECON 432 Economic Performance and Challenges in Pakistan 3 (3-0) ECON 434 Economics of Natural Resources 3 (3-0)
ECON 431 Urban Economics 3 (3-0) ECON 439 Political Economy 3 (3-0)
ECON 339 Economics of Developing Countries 3 (3-0) ECON 437 Regional Disparities and Development 3 (3-0)
Major Elective I 3 (3-0) Major Elective III 3 (3-0)
Major Elective II 3 (3-0) Major Elective IV 3 (3-0)