SHABBIR AHMAD ABID A. BURKI Banking Deregulation and Allocative Efficiency in

LUMS Economics Department is not only among the top economics departments in the country but is also well respected internationally. The department prides itself on the diversity of interests and fields of its faculty. The teaching and research of its faculty members cover theory, econometric methods, applied data analysis, development, finance, industrial organization to behavioral economics and game theory. Around 40 MS Economics students enter our programs each year while the Department has around 900 undergraduates majoring economics, and economics and politics. Collaboration with other departments allows LUMS undergraduate students to undertake interdisciplinary studies. The MS Economics program at LUMS has been designed to set a new standard in graduate level economics education in the country, and to meet the growing need for well-trained economists in both the public and private sectors. The program provides rigorous analysis and strong grounding in economic theory, econometrics and applications in novel applied fields with the option of Master’s thesis. The Department also serves as an intellectual resource base in the region and plays an important role in the making of public policy. Its faculty is actively involved in research and publications, and are active in international, national, and regional professional societies. Faculty members also serve in position