BS Economics-Lateral (2.5 Years) program is designed for those students who, after completing their 14 years of education, are looking for some knowledge based, career oriented and market determined educational program in the field of Economics. The program is a blend of different courses like theoretical, quantitative and applied areas in economics, which will enable the students to review, analyze and provide solutions to complex problems with intellectual independence.

"Note: Students admitted through the Bridging Semester in BS Lateral must successfully pass all courses of the Bridging Semester before enrolling in the courses of 5th Semester of BS in Economics."

The main objective is to achieve the highest possible standards of education, teaching and research in economics. More specific objectives are to:

1. Impart sound theoretical and applied knowledge of economics.

2. Provide a thorough understanding of the economic theory pertaining to global economic issues and its impact on Pakistan’s economy.

3. Develop an ability in students to become effective independent researchers and learners.

4. Develop professionals with a sound knowledge in the field of economics who can understand and analyze problems faced by developing country like Pakistan.

5. Prepare students for advanced studies in economics.

Applicants with a 2-year Associate Degree in the same discipline (from an HEC-recognized institution) will be able to join the 5th semester of a BS program. Those with an Associate Degree in a different discipline or a conventional BA/BSc degree (annual system) must complete a bridging semester/deficiency semester to address academic deficiencies.

The minimum admission eligibility is a 2.00/4.00 CGPA for Associate Degree holders (semester system) or 45% marks for BA/BSc or equivalent (annual system). The University may set higher standards for specific programs.

The students’ study progress evaluation mechanism is based on continuous assessment throughout the semester by giving assignments, on-line quizzes, Graded Discussion Boards (GDBs), mid-term and final-term exams. The mid and final term exams are conducted at VU’s designated exam centers and usually count for 80 to 85% of the total marks for a course.

To be eligible for the award of BS Economics degree, the student is required to complete prescribed course work of at least 63 credit hours with a minimum Cumulative Grade Point Average (CGPA) of 2.0 out of 4.

Students are required to complete internship of 3 credit hours and capstone project of 3 credit hours in the last two semesters of their BS-Lateral Economics degree.