Course Outline Course Title: Pakistan Economy Class: BBA 5th E-2 Course Instructor: Ms.

Kalsoom Akhtar Email: Kalsoom_2010@yahoo.com Kalsoom@nbs.edu.pk Course Objectives: 1. To make students understand the key sectors of economy of Pakistan and contemporary issues in agriculture, industry and financial and social sector. 2. To make students understand current policies in trade, commerce, fiscal/monetary policy, industry and agriculture. 3. To let the students have a comprehensive knowledge about the current statistics of the various aspects of the economy.

Topics (1) Fifty years of Development Structural change Five decades and five Epochs Laying the foundation:1947-1958 The decade of Development:1958-1968 The Bad Luck year:1971-1977 The second Military Government:1977-1988 The era of structural adjustment:1988 onwards (2) Pakistans Agriculture sector Significance of Agriculture sector for Pakistan Agriculture pricing policy, Objective Mechanization Agriculture credit(formal and informal credit pros and cons) Agriculture taxation ( arguments in favour of and against the taxation in agriculture sector) Green revolution Land Reforms Agriculture policy and perspective ( Measures taken by the current Government, total budgetary allocation, Different crop situation ( current economic survey of Pakistan) (3) Manufacturing sector of Pakistan Manufacturing sector in Zia-ul-Haq era(1977-1988) Manufacturing sector in Zulfiqar Ali Bhutto era(19721977) Nature and extent of growth Industrial policy Public/ private sector Deregulation and liberalization Causes of high growth and the success of Zia-ul- Haq regime The age of structural adjustment 1988 and onwards Key issues in industry in Pakistan Small scale manufacturing sector, its emergence and growth Textile industry and its crisis Issues effecting the SSS, measures taken by the govt. in this regard Performance of the Manufacturing sector in the context of Current Economic Survey Policies of the Government (4)Balance of Payment and its components Pakistan foreign economic relations

Source

Book1, Ch.1

Section A

Book1, Ch5 Book2, Ch3 Internet Access (Current Economic Survey of Pakistan)

Section A

Book1, Ch7 Book,2 Ch4 Internet Access( Current Economic Survey of Pakistan) Section A

Section A

Book1, Ch9 Book2, Ch5 Internet

Section A

Recommended Text: 1. Zaidi, S. Akbar,(1999),Issues in Pakistan Economy, Oxford University Press. 2. Saeed, K. Amjad,(2007)Economy of Pakistan, Institute of Business Management, Lahore. 3. Economics Survey of Pakistan (Latest Issues), Economic Advisors Wing, Ministry of Finance, Government of Pakistan Further Readings: 1. Meenai, Asghar, (2002), Banking and Finance in Pakistan Oxford University Press. 2. World Bank Reports on the suggested areas of study. 3. Quarterly and Annual Reports issued by the State Bank of Pakistan. 4. Website sources : http://www.paksearch.com http://www.statpak.gov.pk/depts/ http://www.sbp.org.pk http://kse.org.pk