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Complete Course Outline

This document outlines the course for Major Issues in Pakistan's Economy for semester V. It covers a range of topics related to Pakistan's economic history, development, and current challenges over two terms. The mid term will cover national income accounts, economic models, the background of Pakistan's economic management including the agricultural and industrial sectors. The final term will examine public and external debts, foreign economic performance, social sectors, and recent challenges facing the economy. Students will complete projects, debates, and exams on these topics throughout the semester.

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Abid Ali
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0% found this document useful (0 votes)
42 views2 pages

Complete Course Outline

This document outlines the course for Major Issues in Pakistan's Economy for semester V. It covers a range of topics related to Pakistan's economic history, development, and current challenges over two terms. The mid term will cover national income accounts, economic models, the background of Pakistan's economic management including the agricultural and industrial sectors. The final term will examine public and external debts, foreign economic performance, social sectors, and recent challenges facing the economy. Students will complete projects, debates, and exams on these topics throughout the semester.

Uploaded by

Abid Ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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COURSE OUTLINES

OF
Major Issues in Pakistan’s Economy
FOR
SEMESTER V; SESSION 2020-24 OF BS Economics

FOR MID TERM

Quick Review of National Income Accounts

1. GDP (National and Real) and GNP Ideology: An Understanding


2. Measure of inflation and employment
3. Measure with GDP as a measure of Social Welfare beyond GDP

Reviews of Alternative Models/Systems of Economic management

4. Introduction to Capitalism/Market Economy


5. Introduction to Socialism I
6. Introduction to Socialism II
7. Introduction to Social Democracy/Mixed Economy

Background of Pakistani Economic Management

8. British Colonialism and Economic Interventions: Imposed Capitalism


9. Local Resistance to British Exploitation
10. Emergence of Muslim Nationalism (Muslim League) and its relationship with Feudalism,
Capitalism and Market Economy
11. The overdeveloped State or Postcolonial State

Agriculture Sector of Pakistan

12. Is Pakistan Feudal or Capitalist? An Overview


13. Structure of Agriculture Sector before/during British Rule
14. British Regulation and emergence of Market economy
15. 1947-58:The Neglected Agriculture Sector
16. 1958-69: Green revolution and its Impacts
17. Land Reforms (1958-1977)
18. Key Issues in Agriculture Sector of Pakistan.

Industrial Sector of Pakistan

19. Composition of Manufacturing Sector


20. Industrialization in Pakistan 1947-58
21. The Developmental Decade of Ayub Khan
22. The Experimental Regime of Bhutto (1972-77)
23. Zia Regime and Back to basics (1979-88)
24. Industry after Structural Adjustment Program (1988-Todate)
25. Key Issues in Pakistan’s Industry Sector
Fiscal and Monetary Policies and Inflation in Pakistan

26. Fiscal Development: Structure and Trends in Revenue


27. Issues with Financing of Fiscal Deficit: Structure and Trends in fiscal deficits
28. New NFC Award and Medium-Term Budgetary Framework
29. Monetary Policy Management and inflation in Pakistan: Understanding Monetary Date,
Monetary management.
30. Financial Sector Reforms & Issues in Banking Sector
31. Inflation and Its causes in Pakistan.

FOR FINAL TERM

Public and External Debts in Pakistan

32. Introduction to Public and External Debts and difference between these two
33. Concern regarding Pakistan Fiscal Deficits
34. Reforms to bring Debt Under Control

Performance of Pakistan on Foreign Economic Front

35. Understanding BOP Accounts and trends in it


36. Composition of Exports and Imports
37. Historical Directions of Pakistan Trade Policy Regime
38. Dealing with Globalization and WTO and its impacts on poverty in Pakistan
39. The weakening of Currency in Pakistan
40. Why can’t the South/3rd world adopt a common currency?

Social Sector In Pakistan


41. Health Sector and its issues
42. Education Sector and its Issues
43. Gender inequality
44. Regional inequality
45. Urbanization and Housing Societies and its impacts on Urban life
46. Poverty in Pakistan: An understanding of the Issues

Recent Challenging Facing Pakistan Economy

47. Terrorism, Energy Crises


48. Relationship with neighbour countries and its impacts on Pakistan’s Economy

Recommended Readings
1. Zaidi Akbar (2006), Issues in Pakistan’s Economy, Oxford University Press
2. Ishrat Hussain, (2007) Pakistan: The Economy of an Elite State, Oxford University Press
3. Ishrat Hussain, Pakistan Economy -1999/2000-2007/2008. An Objective appraisal .
4. Aasim Sajjad Akhtar, The Politics of Common sense (2018) and Struggle for Hegemony
(2022),.
5. Hamza Alvi’s, The Colonial Mode of Production, Economic Monthly .
Proposed Class Test: October 26, 2022. Alternative Day November 4, 2022
Selection of Projects: October 22 to October 31.
Last Date of Submission of Projects: November 28, 2022.
Class Debates: November 17, December 2, December 28, 2022 (Topics of Debate are to be
decided by students themselves)
ABID ALI (Lecturer): abidalimn121@gmail.com

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