Written by: Rubab Ali
In this article, you will know
- What is Economics
- Jobs of Economics in Pakistan
- Salary of Economics in Pakistan
- Find Out This Field is a Match for You
And much more.
Keep reading.
What Is Economics And What Do Economists Do?
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behavior and interactions of economic agents and how economies work.
Economist researches and observes that why people and business spend their money and resources.
The forecast for the companies and government and prepare reports. These reports or information is used in several ways, for example, making policies for tax and wages, etc.
These pieces of information help them to compete with their competitor.
Economists work in the organizational departments of private or government institutions, or they teach educational institutions.
Some professionals work individually as consultants. In this job, computer data and Mathematical techniques are used to perform researches regarding economics.
With experience, you can either become professional mathematician, politician, investment banker, or financial director.
All economists need to have a master or bachelors degree in economics.
They keep on learning new things in their career and can gain expertise in one field through experience, for example, health care or technician.
To have their own identity, they make research reports, etc.
Many experts associated with economics Start teaching at institutions and academies.
You can start your job as a researcher in a financial institute after getting a degree in finance or economics. You can achieve a higher post through experience or getting some higher education.
What Are The Required Skills In Economies?
One should have practical knowledge of politics and business so that he could handle issues and could operate a team.
One should understand minor data, economic inclination, and should deliver an exact forecast.
To experience relevant data, one needs to have strong mathematical and economical skills. One should be able to operate additional software.
One should have solid information regarding the financial system and business in private and government institutions. One should observe mathematical details to make an appropriate and exact report.
And do you know 77% of Employers Not Happy with the Quality of Pakistani Graduates
These are the skills that lack in fresh graduates in Pakistan
- Verbal Communication (83.63%)
- Positive Attitude (71.93%)
- Team Working (64.91%)
- Critical Thinking (59.06%)
- Self Confidence (59.06%)
- Written Communication (57.31%)
- Drive &Resilience (57.31%)
- Stress Tolerance (47.37%)
- Adaptability (46.20%)
- Time Management (45.61%)
- Self-Awareness (45.03%) and Planning &Organizing (45.03%)
- Integrity (43.86%)
What Are The Career Prospects Of Economies?
Skilled Addition
He adds different units, argues upon them, and understands them. They can work in various fields such as health, education, government, finance, market, research, environment, etc.
Political Scientists
They provide services for politicians in private or government research groups. His purpose is to implement a new policy.
Investment Banker
He collects money from an individual or corporate resources for the businesses which require more resources for success.
Financial Director
He handles and overlooks the economic and financial activities of an institute. He prepares a financial statement and is responsible for the expenditure and goals of a new business.
What Are The Important Points To Be An Economist?
Interests
You should select economics if you have interest in the following things:
- Economics
- Mathematics
- Business studies
- Information Technology
- Philosophy
- Politics
Minimum Skills
A degree is mandatory for the concerned subject. For upper posts, a postgraduate degree is required.
Working Technique
Economists usually work properly during office hours, but they have to work till late for debates or conferences.
Work Place
They work in offices, but they travel the world for conferences or to meet new clients.
Difficulties/Drawbacks
Economist needs to be enthusiastic so that he could perform research freely. He needs to learn new skills during his whole career.
What Are The Economists Salaries In Pakistan?
The average Economists salary in Pakistan is PKR 360,000 per year or PKR 30,000 per month. Entry level positions start at PKR 20,000 per month while most experienced workers make up to PKR 90,000 per month.
You can find Economics Jobs in Pakistan from
Here is the sector-wise salary in Pakistan, data taken from LUMS Prospectus that is a prestigious university in Pakistan.
- Health Care (Rs. 100,000 per month)
- FMCG (Rs. 85,571 per month)
- Home Appliances (Rs. 75,000 per month)
- Engineering (Rs. 75,000 per month)
- Group/Conglomerate (Rs. 71,676 per month)
- IT/Technology (Rs. 61,676 per month)
- Textile (Rs. 55,000 per month)
- Transport (Rs. 55,000 per month)
- Banking/Financial (Rs. 52,042 per month)
- Consulting (Rs. 52,042 per month)
- Manufacturing (Rs. 50,000 per month)
- Packaging (Rs. 50,000 per month)
What Is The Future Of Economists Jobs In Pakistan?
When you type the economist’s jobs in Pakistan, you can also write your city name instead of Pakistan to find the jobs.
Pro Tip:
Go to Tool>Select Past Month. You will be the first to apply for the job hence more chances for the job getting in the industry.
You can also use Google Image that is a handy tool for finding jobs.
You can search the jobs in your city or province and you can conclude either you should select this field or not based on the jobs available.
What Are The Universities In Pakistan Offering Admissions In Economies?
These are the universities that are offering Economics in Pakistan.
| Institute | City |
| 1. Abbottabad University Of Science And Technology | Abbottabad |
| 2. Women University Azad Jammu &Kashmir | Bagh |
| 3. The Islamia University Of Bahawalpur[sub Campus] | Bahawal Nagar |
| 4. The Government Sadiq College Women University | Bahawal Pur |
| 5. The Islamia University Of Bahawalpur | Bahawal Pur |
| 6. University Of Science &Technology | Bannu |
| 7. The University Of Buner | Buner |
| 8. University Of Malakand | Chakdara |
| 9. Bacha Khan University | Charsadda |
| 10. Ghazi University | D.g.khan |
| 11. University Of Education [ D.g. Khan Campus ] | D.g.khan |
| 12. Gomal University | D.i. Khan |
| 13. Government College University, Faisalabad | Faisalabad |
| 14. Government College Women University | Faisalabad |
| 15. University Of Education [ Faisalabad Campus ] | Faisalabad |
| 16. Karakuram International University | Gilgit |
| 17. University Of Gujrat | Gujrat |
| 18. University Of Haripur | Haripur |
| 19. Hazara University [havellian Campus] | Havelian |
| 20. Bahria University,islamabad | Islamabad |
| 21. Comsats Institute Of Information Technology [isb] | Islamabad |
| 22. Federal Urdu University Of Arts Science &Technology | Islamabad |
| 23. International Islamic University | Islamabad |
| 24. National Defence University | Islamabad |
| 25. National University Of Modern Languages, Islamabad | Islamabad |
| 26. National University Of Science &Technology | Islamabad |
| 27. Quaid-e-azam University | Islamabad |
| 28. University Of Sindh | Jamshoro |
| 29. Federal Urdu University Of Arts Science &Technology, Karachi | Karachi |
| 30. Institute Of Business Administration | Karachi |
| 31. University Of Karachi | Karachi |
| 32. Shah Abdul Latif University | Khair Pur |
| 33. Kohat University Of Science &Technology | Kohat |
| 34. The University Of Management Sciences & Information Technology | Kotli |
| 35. Government College University, Lahore | Lahore |
| 36. Information Technology University | Lahore |
| 37. Kinnaird College For Women | Lahore |
| 38. Lahore College For Women University | Lahore |
| 39. University Of Education | Lahore |
| 40. University Of The Punjab | Lahore |
| 41. Virtual University Of Pakistan | Lahore |
| 42. Virtual University Of Pakistan | Lahore |
| 43. Lasbela University Of Agriculture, Water And Marine Sciences, Uthal | Lasbela |
| 44. Bahauddin Zakria University,layya Campus | Layyah |
| 45. Hazara University | Mansehra |
| 46. Abdul Wali Khan University, Mardan | Mardan |
| 47. Women University Mardan | Mardan |
| 48. Mirpur University Of Science And Technology | Mir Pur (ajk) |
| 49. Bahauddin Zakariya University, Multan | Multan |
| 50. Institute Of Southern Punjab (girls Campus) | Multan |
| 51. The Women University | Multan |
| 52. University Of Azad Jammu &Kashmir | Muzaffarabad |
| 53. Shaheed Benazir Bhutto University | Nawab Shah |
| 54. University Of Okara | Okara |
| 55. Institute Of Management Sciences | Peshawar |
| 56. Islamia College University | Peshawar |
| 57. Shaheed Benazir Bhutto Women University | Peshawar |
| 58. The University Of Agriculture | Peshawar |
| 59. University Of Peshawar | Peshawar |
| 60. Balochistan University Of IT &Management Sciences | Quetta |
| 61. Sardar Bahadur Khan Women University | Quetta |
| 62. University Of Balochistan | Quetta |
| 63. Khawaja Fareed University Of Engineering &Information Technology | Rahim Yar Khan |
| 64. The Unversity Of Poonch, Rawala Kot | Rawala Kot |
| 65. Fatima Jinnah Women University | Rawalpindi |
| 66. Pir Mahar Ali Shah Arid Agriculture University | Rawalpindi |
| 67. University Of Sargodha | Sargodha |
| 68. Government College Women University | Sialkot |
| 69. University Of Sialkot | Sialkot |
| 70. University Of Swabi | Swabi |
| 71. Women University Swabi | Swabi |
| 72. University Of Swat | Swat |
| 73. University Of Turbat | Turbat |
| 74. University Of Wah | Wah Cantt |
| 75. Comsats Institute Of Information Technology ( Abbotabad Campus ) | Abbottabad |
| 76. University Of Chakwal | Chakwal |
| 77. Qurtuba University Of Science &Technology [di Khan] | D.i. Khan |
| 78. Gift University | Gujranwala |
| 79. Isra University/hospital | Hyderabad |
| 80. Al-karam International University | Islamabad |
In order to find the Economies department of any university, just type Economies + university name like
Moreover, you can call them
What Is The Trend Of Economists In Pakistan?
Google has created an amazing tool called Google Trend that shows the searches being done by the people living in the country or city.
I am searching do people search Economists in Pakistan? If so, which province or city.
Here you can see it all.
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