The Department of Economics, National University of Modern Languages (NUML), is a newly established department in the field of education, training and research in economics and allied disciplines to prepare experts with following attributes:

Grasp over mainstream economics and integration of modern economics;

To meet the challenging needs of business, industry and financial institutions by preparing manpower fully equipped with professional skill and knowledge of economics, finance, banking, accounting and law with special orientation in global trends;

Competence to independently carry out theoretical and applied research;

To promote cooperation with other institutes and organizations in the field of economics, finance and allied disciplines  through seminars, colloquia, conferences and workshops; and

To adopt such other measures as may be necessary for the progress of the country.

It is expected to organize teaching of economics and allied disciplines at  doctoral levels as well. It has also to serve as a data bank for scholars, researchers and policy makers to solve the economic & business problems of different levels. It is also required to conduct training courses for financial managers, policy makers and bankers, and to provide consultancy services in economics, particularly in integration of modern economics and WTO. Combination of these functions in this department will give it a unique character and a distinctive position in near future.