ASSOCIATE PROFESSOR / PRINCIPAL (Economics)

Part-I (For all Categories): 100 Marks (MCQ)

I. English (50 Marks)

 Comprehension

 Grammar Usage

 Vocabulary

 Sentence Structuring

 Sentence Correction

 Grouping of Words

 Pairs of Words

 Idiomatic Phrases

 Synonyms/ Antonyms

 Translation

II. Teaching Methodology (50 Marks)

 Teaching Methodology

 Elements of Curriculum.

 Curriculum Development Process:

 Classroom Communication

 Classroom Assessment and Evaluation

 Types of Test and characteristics of a Good Test

 Research Instruments

Part-II: 100 Marks (MCQ) (For Economics)

I. Micro Economics

Consumer behaviour, Determination of market demand and supply i.e. concept of

elasticity of Demand & Supply, Static, Comparative Static Analysis, Distinction between

partial and general equilibrium analysis (basic level) theory of the Firm, Producer’s

equilibrium, Pricing factors of production

II. Macro Economics

Basic Economic Concepts, National Income Accounting, Consumption Function,

Multiplier, Accelerator, Component of Aggregate Demand, Labour Demand and Supply,

Un-Employment, Determination of equilibrium level of income and output (at least with

reference to two or three school of thought), Inflation.

III. Public Financing

Government expenditure, Sources of Government Revenue, Privatization, Taxes and

non-taxes, Incidence of different taxes, Public Debt, Objectives, methods of

repayment, Deficit financing, General Equilibrium Analysis, Welfare Economics, Fiscal

Policy.

IV. Role of Foreign Trade and Aid in Economic Development

Trends in Pakistan’s Balance of Payments, Terms of Trade, Changes in direction of

trade, Trends in Pakistan’s major exports and imports, Causes of significant changes in

the trends, the role of migration and remittances in Pakistan’s economy, costs and

benefits of Foreign Aid, Role of Foreign Investment.

V. Major Issues in Pakistan Economy

Energy crisis, Corruption, Bad governance, External debt accumulation and

dependency, Unemployment, Income inequality, Inflation, Fiscal and trade deficits,

Balance of payment issues, Shortage of irrigation water.