PREVIOUS SUBJECTS

Micro EconomicsPublic FinanceEconomics of PlanningNational Income AccountingAdvanced Statistics

MICRO ECONOMICS

• Economic schools of thoughts

• François Quesnay and the Physiocrats

• Equilibrium, Types of equilibrium, ...

• Utility theory, Cardinal & Ordinal, ...

• Theory of Demand

• Price determination under monopoly

• Price determination under oligopoly

• Game theory 

• Price determination under monopolistic competition

• Price determination under perfect competition (Normal price)

• Theory of rent

• Theory of wages

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PUBLIC FINANCE

• Introduction, Pareto optimality, Social welfare…

• Maximisation of social welfare, Role of public finance...

• Budget policy

• Merit goods, Public finance vs. Private finance...

• Public expenditure

• Public revenue

• Equity in taxation

• Incidence of taxation

• Public debt 

• Deficit financing

• Fiscal policy

• Fiscal policy in Pakistan

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ECONOMICS OF PLANNING

• Economic planning 

• Types of economic planning 

• Economic development 

• Models of economic growth

• Harrod-Domar growth model 

• Schumpeter's model of economic growth

• Planning techniques    

ECONOMIC PLANNING WRT PAKISTAN

• Economic planning in Pakistan 

• Privatisation and deregulation in Pakistan 

• Sixth Five-Year Plan (1983-88) 

• Seventh Five-Year Plan (1988-93)  

• Eighth Five-Year Plan (1993-98) 

• Medium Term Development Framework 2005-10 

• Industrialisation 

• Industrial Development in Pakistan 

• Resource mobilisation 

• Foreign aid to Pakistan 

• Private investment 

• Foreign trade 

• Balance of payment 

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NATIONAL INCOME ACCOUNTING

• Micro and Macro Economics 

• Statics, dynamics and comparative statics 

• Concepts of national income accounting 

• National income accounts 

• Circular flow of income (2-sector, 3-sector, 4-sector economy) 

• Theory of employment 

• Determination of national income 

• Consumption function

• Investment 

• Multiplier and accelerator

• Trade cycles 

NIA IN PAKISTAN

• National income accounting in Pakistan 

• National flow of fund accounts 

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ADVANCED STATISTICS

• Introduction to statistics 

• Graphical presentation I 

• Graphical presentation II 

• Measures of central tendency 

• Measures of dispersion 

• Measures of the shape of distribution 

• Index numbers 

• Probability 

• Random variable and its probability distribution 

• Sampling distribution theory

• Coefficient of correlation  

• Regression   

• Trend series analysis   

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