Law of Diminishing Marginal Utility It is very important and the first law of consumption. It based on every day experience of human life that when we use...

# M.A. Part-I

The amount of goods and services produced are called production and the portions of the produce offered for sale at prevailing prices in a given period of time...

Measurement Scales: By measurement, we usually mean the assigning of numbers to observations or objects and scaling is a process of measuring. The four scales...

Basically, there are two main divisions of statistics called theoretical statistics and applied statistics. Theoretical Statistics: Theoretical statistics...

M.A./M.Sc. Economics: Papers and Thesis In M.A./M.Sc. part I, all papers are compulsory and will be offered in Year one of the program. In M.A./M.Sc. part II...

Most important questions for Microeconomic Theory (Paper-1) for MA./M.Sc. Economics Part-I from the paper point of view are given below. Theory of Consumer...

Major Issues in Pakistan Economy (Paper-6) M.A. Economics Part-I This course aims to provide an overview of Pakistan’s economy while focusing on the current...

Islamic Economics (Paper 5) M.A. Economics Part-I The main objective of this course is to acquaint students with the economic aspects of Islamic principles...

Mathematical Economics (Paper 3) M.A. Part-I MA./M.Sc. Economics Part-II The aim of this course is to equip students with the basic mathematical tools that are...

Importance of Statistics Here we discuss the Importance and Limitations of Statistics. Statistics and planning: Statistics in indispensable into planning in...

Origin and Growth of Statistics: The word “Statistics” which comes from the Latin word status, meaning a political state, originally meant...

Statistics For Economists (Paper 4) M.A. Part-I The main objective of this course is to acquaint students with the basic techniques of statistical methods with...

Macroeconomic Theory (Paper 2) M.A. Part-I The main objective of this course is to familiarize students to the fundamental theories and models in...

Microeconomic Theory (Paper-1) MA./M.Sc. Economics Part-I This course aims at providing comprehensive knowledge of consumer, firm, and market theory and their...