The Department of Economics has been one of the oldest departments of Faculty of Arts, University of the Punjab, Lahore, Pakistan. Presently, the Department of Economics is a part of Faculty of Economics and Management Sciences. The foundation of the Department of Economics was laid down in 1919. Advice of E.C. Gonver, S.G. Champman, Sidney Webb and Mrs. Webb, Alferd Marshall, A.L. Bowley and J.M. Keynes was sought for formulating a suitable curriculum for the Punjab University. The degree programmes of the Department are based upon combination of course work, research papers, thesis and comprehensive examinations.