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Administrative Information Course Name: Course Code: Credit Hours: Course Prerequisites: 1.

Course Description: The course is designed to help students to develop understand about how the industries run and linked with other sectors of Pakistan. How policies impact on industrial growth and how industrial growth affect on Macro economical variables include trade and revenue variables. 2. Course Objectives: 1. The main objective of this course is to develop understanding about key industries of Pakistan economy and contemporary issues in agriculture, industrial, financial and social sector. 2. Students can channelize the cycle of policies (fiscal, monetary) 3. To let the students have a comprehensive knowledge about the current statistics of the various aspects of the economy. 3. Learning Outcomes:. Raising awareness of the Historical Back ground of Industries. Know how the relationship among industries and macroeconomic variables, how they related, Examining these practices through the lens of a current view. How government policies impact on Industries growth. Relationship among Industrial growth, unemployment, economic growth and poverty reduction Basic problems of Pakistan industries. 4. Textbook: Saeed, K. Amjad,(2007)Economy of Pakistan, Institute of Management, Lahore. Analysis of Pakistani Industries ECO411 3 Credit hours ECO201, ECO202


5. Reference Book(s): Zaidi, S. Akbar,(1999),Issues in Pakistan Economy, Oxford University Press. Economics Survey of Pakistan (Latest Issues), Economic Advisors Wing, Ministry of Finance, Government of Pakistan

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o Meenai, Asghar, (2002), Banking and Finance in Pakistan Oxford University Press. o World Bank Reports on the suggested areas of study. o Quarterly and Annual Reports issued by the State Bank of Pakistan. Website sources : http://www.paksearch.com http://www.statpak.gov.pk/depts/ http://www.sbp.org.pk http://kse.org.pk 6. Topics/Chapters:

(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

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Public/ private sector Deregulation and liberalization Causes of high growth and the success of Zia-ulHaq 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 Contribution of the trade in the GDP of Pakistan Pakistans imports and exports in the context of current economic survey.

(5) Money /Capital Market of Pakistan Instruments and Ways of Working (6) Banking Sector of Pakistan The role of State Bank, functions performed Role of commercial banks, challenges faced, ways to overcome Evaluation, nationalization and privatization of Banks

Important issues in public finance and revenue mobilization,(federal taxes, resource mobilization at provincial level, local govt. revenues.) Contribution of municipal govt. in the development, potential for development by local govt. is local govt. the answer.) Nature of public debt and fiscal budget: a preliminary introduction

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(8) Budget Sector wise allocation of funds Comparison with that of previous budget (9) Pakistans Fiscal Deficit The Fiscal Deficit,(Should the budget always be balanced, the problems of measuring the deficit, fiscal deficits, inter temporal equity, and distribution, macro economic implications Critical concerns regarding Pakistans fiscal deficit,(The IMF, World bank view of Pakistans fiscal deficit, re examine the fiscal concerns.) (10) Monetary policy, savings and inflation (introduction, qualitative and quantitative tools of MP, to overcome inflationary and deflationary gaps, monetary policy and monetary management in Pakistan, Money supply and monetary expansion, inflation and its causes, the low saving rates.) Tools of MP to overcome inflationary and deflationary gap. Pakistan Current going MP statement. (11) Fiscal Policy Objectives, tools to overcome inflationary, deflationary gap. Government sources of Revenues and Expenditure Fiscal Policy of Pakistan the lags between the revenues and expenditure Public Sector Development Program Taxation system of Pakistan Deficit Financing (12) The Social Sector, Institutions, and the Governance The international comparisons Planning for the social sector The health sector,(Statistics and Issues) Education,( Statistics and Issues) Population Welfare and Family Planning,( the evolution of the population welfare programme, knowledge and usage, some issues.) Urbanization and Housing,( the extent of Urbanization, Housing in the cities,.) 7. Teaching and Learning Methodology:

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The teaching methodology will comprise of presentations via multi-media, lab work, case studies guest speaker sessions, practical demonstration of literature review and referencing style. In order to facilitate the students in writing a well drafted report, 15 minutes will be allocated in every class for the project discussion. 8. Materials and Supplies: Students should have note books and calculators. Case Studies and handout will be provided. 9. Grading Policy/Student Assessment: Assessment Instruments Percentage Quiz (3 of 5 mark each) n-1 10 % Assignment/Presentation/Project 15 % Attendance/Participation Midterm Exam Final Exam 10. Attendance Policy: Prompt arrival and regular attendance are extremely important. Refer to student handbook for policies on late entry, maximum absences allowed, leave application etc. 11. Expected Class Conduct: Students are expected to be interactive and class participation is essential for learning. Class code of ethics should be followed like no eating, usage of mobile phones are not acceptable, late arrivals should not be made a habit unless a genuine problem..Class disturbance will not be tolerated. Since the assignments are project based so they should be submitted on time, in order to complete the term project diligently. 05 % 20 % 50 %

LO Covered LO 1,2, 3 LO1 2,3, 4, (Awarded by the Examination dept.) LO 1, 2, 3 LO 1, 2, 3, 4

12. Weekly Course Outline: Session 1 2 3 4 Session Topic Fifty years of Development Pakistans Agriculture sector Manufacturing sector of Pakistan Balance of Payment and its components Quiz Assessments* Percentage**

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5 6 7 8 9 10 11 12 13 14 15 16

Money /Capital Market of Pakistan Banking Sector of Pakistan Revision Mid Term Budget Pakistans Fiscal Deficit Monetary policy, savings and inflation Fiscal Policy The Social Sector, Institutions, and the Governance Links among the Industries Revision Final Term

Instructor Evaluation



Final Exam

Since assignments are part of the project, therefore the marks assigned to them will be added One surprise quiz is planned for ensuring the active class participation 13. Students with Physical or Educational Challenges: Students with educational and/or physical challenges are entitled to extra attention and time from the instructor. Therefore students are advised to notify the course instructor at the beginning of the course. Special arrangement may also be made on prior request based on specific challenges.

14. Academic Integrity This course seeks to empower students for independent learning, resourcefulness, clear thinking, and perception. All submitted work and activities should be genuine reflections of individual achievement from which the student should derive personal satisfaction and a sense of accomplishment. Plagiarism and cheating subvert these goals and will be treated according to the policy stated in the Student Handbook. The instructor reserves the right to utilize electronic means to help prevent plagiarism.

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