The
teaching programme at AERC started in 1976 and offers M.A.S./M.Phil.
and Ph.D. degrees with approval from the University of Karachi.
The coursework is intensive and spread over four quarters requiring
the completion of 42 credit hours of study. The first quarter
introduces students to economic theory and quantitative methods.
Second quarter covers topics in advanced economics. The third
quarter’s orientation is towards applied economics and computer
applications. The fourth quarter is reserved for training in special
field courses.
A
major component of the degree is training in a special field where
students are able to apply the theory and quantitative techniques
acquired in the programme to write a thesis. Candidates in the
second year are required to write and defend a thesis in one of
the special fields. Major areas of such research are Public Finance,
Urban and Regional Economics, Industrial Economics, International
Trade, Agricultural Economics, Human Resource Economics, Project
Evaluation, Finance and Monetary Economics, Islamic Economics
and SMEs. The teaching programme aims at a high professional standard
and graduates are readily accepted in research and teaching institutions,
government departments, and financial and other institutions.
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