Scope Of Economics In Pakistan: Jobs, Salary, Admission

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.

InstituteCity
1. Abbottabad University Of Science And TechnologyAbbottabad
2. Women University Azad Jammu &KashmirBagh
3. The Islamia University Of Bahawalpur[sub Campus]Bahawal Nagar
4. The Government Sadiq College Women UniversityBahawal Pur
5. The Islamia University Of BahawalpurBahawal Pur
6. University Of Science &TechnologyBannu
7. The University Of BunerBuner
8. University Of MalakandChakdara
9. Bacha Khan UniversityCharsadda
10. Ghazi UniversityD.g.khan
11. University Of Education [ D.g. Khan Campus ]D.g.khan
12. Gomal UniversityD.i. Khan
13. Government College University, FaisalabadFaisalabad
14. Government College Women UniversityFaisalabad
15. University Of Education [ Faisalabad Campus ]Faisalabad
16. Karakuram International UniversityGilgit
17. University Of GujratGujrat
18. University Of HaripurHaripur
19. Hazara University [havellian Campus]Havelian
20. Bahria University,islamabadIslamabad
21. Comsats Institute Of Information Technology [isb]Islamabad
22. Federal Urdu University Of Arts Science &TechnologyIslamabad
23. International Islamic UniversityIslamabad
24. National Defence UniversityIslamabad
25. National University Of Modern Languages, IslamabadIslamabad
26. National University Of Science &TechnologyIslamabad
27. Quaid-e-azam UniversityIslamabad
28. University Of SindhJamshoro
29. Federal Urdu University Of Arts Science &Technology, KarachiKarachi
30. Institute Of Business Administration Karachi
31. University Of KarachiKarachi
32. Shah Abdul Latif UniversityKhair Pur
33. Kohat University Of Science &TechnologyKohat
34. The University Of Management Sciences & Information TechnologyKotli
35. Government College University, LahoreLahore
36. Information Technology UniversityLahore
37. Kinnaird College For WomenLahore
38. Lahore College For Women UniversityLahore
39. University Of EducationLahore
40. University Of The PunjabLahore
41. Virtual University Of PakistanLahore
42. Virtual University Of PakistanLahore
43. Lasbela University Of Agriculture, Water And Marine Sciences, UthalLasbela
44. Bahauddin Zakria University,layya CampusLayyah
45. Hazara UniversityMansehra
46. Abdul Wali Khan University, MardanMardan
47. Women University MardanMardan
48. Mirpur University Of Science And TechnologyMir Pur (ajk)
49. Bahauddin Zakariya University, MultanMultan
50. Institute Of Southern Punjab (girls Campus)Multan
51. The Women UniversityMultan
52. University Of Azad Jammu &KashmirMuzaffarabad
53. Shaheed Benazir Bhutto UniversityNawab Shah
54. University Of OkaraOkara
55. Institute Of Management SciencesPeshawar
56. Islamia College UniversityPeshawar
57. Shaheed Benazir Bhutto Women UniversityPeshawar
58. The University Of AgriculturePeshawar
59. University Of PeshawarPeshawar
60. Balochistan University Of IT &Management SciencesQuetta
61. Sardar Bahadur Khan Women UniversityQuetta
62. University Of BalochistanQuetta
63. Khawaja Fareed University Of Engineering &Information TechnologyRahim Yar Khan
64. The Unversity Of Poonch, Rawala KotRawala Kot
65. Fatima Jinnah Women UniversityRawalpindi
66. Pir Mahar Ali Shah Arid Agriculture UniversityRawalpindi
67. University Of SargodhaSargodha
68. Government College Women UniversitySialkot
69. University Of SialkotSialkot
70. University Of SwabiSwabi
71. Women University SwabiSwabi
72. University Of SwatSwat
73. University Of TurbatTurbat
74. University Of WahWah Cantt
75. Comsats Institute Of Information Technology ( Abbotabad Campus )Abbottabad
76. University Of ChakwalChakwal
77. Qurtuba University Of Science &Technology [di Khan]D.i. Khan
78. Gift UniversityGujranwala
79. Isra University/hospitalHyderabad
80. Al-karam International UniversityIslamabad

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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