B.A. (Economics) University of the Punjab, Lahore (Pakistan)

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DR. HAFEEZ UR REHMAN Professor/Chairman, Department of Economics University of the Punjab, New Campus, Lahore (Pakistan) Contact: 042 99231167, 0300 4348225 E mail: drhrehmankhan.eco@pu.edu.pk drhrehmankhan@gmail.com Residence: House E 49, Staff Colony University of the Punjab, Lahore 54590 (Pakistan) QUALIFICATIONS Ph.D. (Economics) Department of Economics University of Wisconsin Milwaukee (USA) 1997 2002 (CGPA 3.72 on Scale 4.0) M.A. (Economics) Ohio University, Athens, Ohio (USA) 1995 97 (CGPA 3.67 on Scale 4.0) M. Ed. (Secondary) Institute of Education and Research University of the Punjab, Lahore (Pakistan) 1989 90 B. Ed. (English) University of the Punjab, Lahore (Pakistan) 1983 84 M.A. (Economics) Department of Economics University of the Punjab, Lahore (Pakistan) 1980 82 B.A. (Economics) University of the Punjab, Lahore (Pakistan) 1977 80 HEC Approved Supervisor CURRENT POSITION Professor/Chairman, Department of Economics, University of the Punjab, Lahore (Pakistan). PROFESSIONAL EXPERIENCE Position Professor, University of the Punjab, Lahore, Pakistan 07.03.2010 to date Associate Professor, University of the Punjab, Lahore, Pakistan 25.07.2004 06.03.2010 Teaching Responsibilities Advanced Microeconomic Theory and Advanced Macroeconomic Theory to M. Phil. and Ph.D. students. Microeconomics, Econometrics and Mathematical Economics to Master students. Advanced Microeconomic Theory and Advanced Macroeconomic Theory to M. Phil. and Ph.D. students. Microeconomics, Econometrics and Mathematical Economics to Master students.

Assistant Professor, University of the Punjab, Lahore, Pakistan 23.10.1992 24.07.2004 Lecturer, University of the Punjab, Lahore, Pakistan 03.11.1984 22.10.1992 Visiting Faculty Milwaukee Area Technical College (MATC), Milwaukee, Wisconsin (USA) September 1999 December 2002 University of Wisconsin Milwaukee, Wisconsin, (USA) September 1999 December 2002 University of Management and Technology, Lahore; Superior University, Lahore; IBA, University of the Punjab; IAS, University of the Punjab; IBIT, University of the Punjab; Hailey College of Commerce, University of the Punjab; IER, University of the Punjab, Lahore; and University of Central Punjab, Lahore Civil Service Academy, Walton Road, Lahore January 2008 to date Microeconomics, Mathematical Economics and Econometrics to Master students. Advanced Microeconomic Theory, International Trade and Finance to M. Phil. and Ph.D. Students. Economic Planning, Basic Mathematical Economics and Advanced Mathematical Economics to Master students. Courses Taught Basic Economic Theory, Principles of Macroeconomics and Applied Economics in Human Resources to undergraduate students. Economic Development, Microeconomic Principles and Macroeconomic Principles and Policy to undergraduate students. Quantitative Research and Methods to Ph.D. students. Advanced Statistics, Applied Econometrics to M. Phil students. Microeconomics and Macroeconomics, Managerial Economics and Business Econometrics to Master students. Economic Theory and Financial Administration to 35 th, 36 th and 37 th common batch to Probationers RESEARCH WORK 1. Mohsen Bahmani Oskooee and Hafeez ur Rehman (2005), Stability of money demand function in Asian developing countries. Applied Economics, Volume 37(7), pp. 773 792. http://dx.doi.org/10.1080/0003684042000337424 2. Muhammad Afzal, Hafeez ur Rehman and A. Rauf Butt (2002), Forecasting: A dilemma of modules (A comparison of theory based and theory free approaches). Pakistan Economic and Social Review, Volume XL, No. 1 (Summer), pp. 1 18. http://jstor.org/stable/25825233 3. Shaukat Ali Shahid, Hafeez ur Rehman and Muhammad Afzal (2002), Economic options for agricultural production in saline areas of Pakistan. Pakistan Economic and Social Review, Volume XL, No. 2 (Winter), pp. 89 120. http://jstor.org/stable/25821368 4. Hafeez ur Rehman and Imtiaz Ahmad (2002), Impact of monetary policy on monetary assets in Pakistan: A money multiplier approach. Pakistan Economic and Social Review, Volume XL, No. 2 (Winter), pp. 199 208. http://jstor.org/stable/25821372 Page 2 of 2

5. Hafeez ur Rehman and Muhammad Afzal (2003), The black market exchange rate and stability of demand for money in Pakistan: A cointegration analysis. Pakistan Economic and Social Review, Volume XLI, No. 1&2, pp. 13 28. http://jstor.org/stable/25825242 6. Hafeez ur Rehman and Muhammad Afzal (2003), The J curve phenomenon: An evidence from Pakistan. Pakistan Economic and Social Review, Volume XLI, No. 1&2, pp. 45 58. http://jstor.org/stable/25825244 7. Hafeez ur Rehman, Sajawal Khan and Imtiaz Ahmad (2004), Does Fisher effect exist in Pakistan: A cointegration analysis. Pakistan Economic and Social Review, Volume XLII, No. 1&2, pp. 21 37. http://jstor.org/stable/25825252 8. Hafeez ur Rehman, Masood Sarwar Awan and Imtiaz Ahmed (2005), Role of SMEs in the economy of Pakistan: A critical analysis. Forman Journal of Economic Studies, Volume 1, pp. 105 125. 9. Hafeez ur Rehman and Abid Rashid Gill (2005), A test of McKinnon s complementarity hypothesis: A case study of Pakistan. Pakistan Economic and Social Review, Volume XLIII, No. 1 (Summer), pp. 21 37. http://jstor.org/stable/25825260 10. Muhammad Afzal, Hafeez ur Rehman and Ishrat Begum (2006), An analysis of the relationship between burden of debt and human resource development: A case study of Pakistan. Economic Journal (GC University, Lahore), Volume XXXVIII, No. 1&2, pp. 1 28. 11. Hafeez ur Rehman, Imtiaz Ahmad and Masood Sarwar Awan (2007), Testing Wagner s Law for Pakistan: 1972 2004. Pakistan Economic and Social Review, Volume 45, No. 2 (Winter), pp. 155 166. http://jstor.org/stable/25825312 12. Hafeez ur Rehman (2007), An econometric estimation of traditional import demand function for Pakistan. Pakistan Economic and Social Review, Volume 45, No. 2 (Winter), pp. 245 256. http://jstor.org/stable/25825317 13. Hafeez ur Rehman and Amjad Naveed (2007), Determinants of corruption and its relation to GDP (A panel study). Journal of Political Studies, Volume XII (Winter), pp. 27 59. 14. M. Farooq Arby, Tahir Mehmood and Hafeez ur Rehman (2008), An analysis of macroeconomic linkages: The case of Pakistan. South Asian Studies, Volume 23, No. 1 (January), pp. 95 104. 15. Hafeez ur Rehman, Sajawal Khan and Imtiaz Ahmad (2008), Income distribution, growth and financial development. Pakistan Economic and Social Review, Volume 46, No. 1 (Summer), pp. 1 16. http://jstor.org/stable/25825321 16. Hafeez ur Rehman and Saima Ahmed (2008), An empirical analysis of the determinants of bank selection in Pakistan: A customer view. Pakistan Economic and Social Review, Volume 46, No. 2 (Winter), pp. 147 160. http://jstor.org/stable/25825333 17. Tahir Mahmood, Hafeez ur Rehman and Shahnaz A. Rauf (2008), Evaluation of macro economic policies of Pakistan (1950 2008). Journal of Political Studies, Volume XIV, pp. 57 75. Page 3 of 3

18. Syed Yasir Mahmood Gillani, Hafeez ur Rehman and Abid Rasheed Gill (2009), Unemployment, poverty, inflation and crime nexus: Cointegration and causality analysis of Pakistan. Pakistan Economic and Social Review, Volume 47, No. 1 (Summer), pp 79 98. 19. Hafeez ur Rehman, Sajawal Khan and M. Arshad Khan (2009), What determines private investment? The case of Pakistan. South Asian Studies (A research journal of South Asian Studies), Volume 24, No. 1 (January), pp. 52 68. 20. Tahir Mahmood, Shahnaz A. Rauf and Hafeez ur Rehman (2009), Debt dynamics and its burden on national economy: A case study of Pakistan. Journal of Political Studies, Volume XVI (Winter), pp. 37 49. 21. Hamid Jalil, Hafeez ur Rehman, Maqbool H. Sial and Syed Shahid Hussain (2009), Analysis of milk production system in peri urban areas of Lahore (Pakistan): A case study. Pakistan Economic and Social Review, Volume 47, No. 2 (Winter), pp. 229 242. 22. Hafeez ur Rehman, Muhammad Zahir Faridi and Farrukh Bashir (2010), Households saving behaviour in Pakistan: A case of Multan District. Pakistan Journal of Social Sciences, Volume 30, No. 1 (September), pp. 17 29. 23. Muhammad Afzal, A. Rauf Butt, Hafeez ur Rehman and Ishrat Begum (2009), A dynamic analysis of the relationship among human development, exports and economic growth in Pakistan. The Pakistan Development Review, Volume 48, No. 4 (Winter), Part II, pp. 885 920. 24. Hafeez ur Rehman, Atif Ali Jaffri and Imtiaz Ahmed (2010), Impact of foreign direct investment (FDI) inflows on equilibrium real exchange rate of Pakistan. South Asian Studies (A research journal of South Asian Studies), Volume 25, No. 1 (January June), pp. 125 141. 25. M. Shahbaz, Hafeez ur Rehman and N. Amir (2010), The Impact of trade and financial openness on government size: A case study of Pakistan. Journal of Quality and Technology Management, Volume VI, Issue I (June), pp. 105 118. 26. Ahsan Ali Mangi, Hafeez ur Rehman and Imtiaz Ahmed (2011), An analysis of preventive health care in Pakistan. Interdisciplinary Journal of Contemporary Research in Business, Volume 3, No. 1 (May), pp. 1237 1248. 27. Hafeez ur Rehman, Furrukh Bashir and Ismat Nasim (2011), Students involvement in economic activity during their studies: A case study of Pakistan. International Journal of Business and Social Science, Volume 2, No. 14, pp. 199 206. 28. Hafeez ur Rehman, Imran Sharif Chaudhry, Muhammad Zahir Faridi and Farrukh Bashir (2011), Rural urban saving differentials in Pakistan: Investigation from primary data. South Asian Studies (A research journal of South Asian Studies), Volume 26, No. 1 (January June), pp. 19 35. 29. Nabeela Asghar, Masood Sarwar Awan and Hafeez ur Rehman (2011), An econometric analysis of the relationship between education and economic growth in Pakistan. Interdisciplinary Journal of Contemporary Research in Business, Volume 3, No. 2 (June), pp. 1437 1445. 30. Asma Awan, Nabeela Asghar and Hafeez ur Rehman (2011), The impact of exchange rate, fiscal deficit and terms of trade on external debt of Pakistan: A cointegration Page 4 of 4

and causality analysis. Australian Journal of Business and Management Research, Volume 1, No. 3, pp. 10 24. 31. Muhammad Tahir Rashid, Khalil Ahmad, Pervaiz Azim and Hafeez ur Rehman (2011), Measuring the impact of inflation on conditional stock market volatility in Pakistan: An application of IGARCH Model. Middle Eastern Finance and Economics, Issue 13, pp. 36 42. 32. Hafeez ur Rehman, Furrukh Bashir and Muhammad Zahir Faridi (2011), Saving behavior among different income groups in Pakistan: A micro study. International Journal of Humanities and Social Sciences, Volume 1, No. 10, pp. 268 277. 33. Muhammad Rehman, Javed Iqbal and Hafeez ur Rehman (2011), Nonlinearity in inflation: A case of Pakistan. Pakistan Economic and Social Review, Volume 49, No. 1, pp. 1 12. 34. Wasim ul Rehman, Chaudhary Abdul Rehman, Hafeez ur Rehman and Ayesha Zahid (2011), Intellectual capital performance and its impact on corporate performance: An empirical evidence from Modaraba sector of Pakistan. Australian Journal of Business and Management Research, Volume 1, No. 5, pp. 8 16. 35. Wasim ul Rehman, Muhammad Ilyas and Hafeez ur Rehman (2011), Intellectual capital performance and its impact on financial returns of companies: An empirical study from insurance sector of Pakistan. African Journal of Business Management, Volume 5(20), pp. 8041 8049. 36. Muhammad Afzal, Hafeez ur Rehman, M. Shahid Farooq and Kafeel Sarwar (2011), Education and economic growth in Pakistan: A cointegration and causality analysis. International Journal of Educational Research, Volume 50, pp. 321 335. http://dx.doi.org/10.1016/j.ijer.2011.10.004 37. Nabeela Asghar, Asma Awan and Hafeez ur Rehman (2011), Exploring the linkages among economic growth, openness, income inequality, education and health in Pakistan. Canadian Social Science, Volume 7, No. 6, pp. 82 88. http://dx.doi.org/10.3968/j.css.1923669720110706.094 38. Nabeela Asghar, Zakir Hussain and Hafeez ur Rehman (2012), The impact of government spending on poverty reduction: Evidence from Pakistan 1972 to 2008. African Journal of Business Management, Volume 6, No. 3, pp. 845 853. http://dx.doi.org/10.5897/ajbm11.922 39. Nabila Asghar, Asma Awan and Hafeez ur Rehman (2012), Human capital and economic growth in Pakistan: A cointegration and causality analysis. International Journal of Economics and Finance, Volume 4, No. 4 (April), pp. 135 147. http://dx.doi.org/10.5539/ijef.v4n4p135 40. Nabila Asghar, Samia Nasreen and Hafeez ur Rehman (2012), Relationship between FDI and economic growth in selected Asian countries: A panel data analysis. Review of Economics and Finance, No. 1, pp. 84 96. 41. Asma Awan, Nabeela Asghar and Hafeez ur Rehman (2012), The impact of governance on external debt burden in Pakistan. Actual Problems of Economics, No. 3(129), pp. 321 330. Page 5 of 5

42. Wasim ul Rehman, Hafeez ur Rehman, Muhammad Usman and Nabila Asghar (2012), A link of intellectual capital performance with corporate performance: Comparative study from banking sector in Pakistan. International Journal of Business and Social Science, Volume 3, No. 12 (Special Issue), pp. 313 321. 43. M. Azhar Khan and Hafeez ur Rehman (2012), Regional disparities in human capital: The case of Pakistan. Pakistan Economic and Social Review, Volume 50, No. 1, pp. 57 70. SURVEY BASED PROJECTS Worked with UNDP on a survey based project as Principal Investigator of a Region comprised of three districts (Khanewal, Toba Tek Singh and Pakpattan) by leading a team of 30 professionals including Regional/Research Coordinators, District Supervisors, Logistic Supervisors, Documentation Coordinators, Interviewers and Enumerators titled Social Audit of Governance and Delivery of Public Services 2009/2010 with the collaboration of DTCE (Devolution Trust and Community Empowerment), and PPAF (Pakistan Poverty Alleviation Foundation). The survey was conducted during January 21 30, 2010 consisted of 1320 households, DCOs, DPOs, District Nazims, Tehsil Nazims, UC Nazims, TMOs and many other Government/Public servants. Worked as Principal Investigator on a project titled ECONOMIC IMPACT ASSESSMENT OF COMMUNITY BASED LIVESTOCK SERVICES AND DELIVERY MODELS IN PUNJAB granted by the Directorate of Planning and Evaluation, L&DD Department, Punjab, Lahore. The survey was conducted in three months, i.e. November 2008 January 2009, consisted of 6 Districts of the Punjab. PROFESSIONAL TRAINING Took courses in Economic Theory and Development Economics at Giessen University, Germany, 15 th May 1998 30 th June 1998, under Summer Exchange Program financed by the University of Wisconsin Milwaukee (USA). Participated in UNITAR s (United Nations Institute for Training and Research) Training of Trainers Workshop on Legal Aspects of Debt and Financial Management (Legal Aspects), Colombo, Sri Lanka, March 20, 1995 to March 24, 1995. Completed a three week training programme, 36 th National In Service Training Course of Pakistan Manpower Institute, Islamabad, August 12, 1987 to September 3, 1987. Participated in an intensive three month Pre Service Training Course for University Teachers of the University Grants Commission (UGC), National Academy of Higher Education, Islamabad, July 1, 1985 to September 26, 1985. CONFERENCES/ SEMINARS /LECTURES/WORKSHOPS ATTENDED Participated and presented paper titled Causal Nexus between Economic Growth, Export and External Debt Servicing: The Case of Pakistan in the 24 th Page 6 of 6

Annual General Meeting and Conference of PSDE Economic Sustainability in a Globalised World, 31 st March 2 nd April 2009. Participated and presented paper in International Workshop/Conference on WTO, International Trade and Human Development on the topic SMEs, Employment and Trade in Pakistan from January 24, 2007 to January 26, 2007, financed by UNDP at University of the Punjab, Lahore. A Two day workshop conducted on Business Plan Development (Economic Analysis of Projects and Cost Benefit Ratios) at University of Veterinary and Animal Sciences Lahore on June 19 and June 30, 2008. Guest Speaker on the topic of Cost Benefit Analysis and Project Evaluation on February 09, 2010, at Pakistan Navy War College, Lahore. Three Days tutorial discussion on Basic Economic Concepts and Theories, Monetary and Fiscal Policy and Economic Development on September 15, 16 and 17, 2010 respectively, at National Management College, Senior Management Wing (SMW) 78 Upper Mall, Shahra e Quid e Azam, Lahore. Two Days sessions on Introduction to Basic Concepts of Economics as applicable at operational level (Microeconomics and Macroeconomics) at National Institute of Management, DMG Campus, CSA, Upper Mall, Shahra e Quid e Azam, Lahore, on September 20 and 21, 2010 respectively. Two Days sessions on Economic Reasoning and Basic Economic Concepts and Theories as a part of Tutorial discussions on February 9 and 10, 2010, at National Management College, Senior Management Wing (SMW), 78 Upper Mall, Shahra e Quid e Azam, Lahore. Guest Speaker on the topic of Cost Benefit Analysis at Pakistan Navy War College, Lahore on December 02, 2008. Two Days Lectures / Discussions on Introduction to basic concepts of Economics as applicable at operational level at National Management College, (Mid Career Management Wing) DMG Campus, CSA, Upper Mall, Shahra e Quide Azam, Lahore, on September 28 and 29, 2009. Lecture / Discussion on Introduction to basic Micro and Macro Economic concepts as applicable to issues of governance at National Management College, DMG Campus, CSA, Upper Mall, Shahra e Quid e Azam, Lahore, on June 8, 2009. International Seminar: Strategic priorities in agriculture and rural development for poverty alleviation in Pakistan. February 04, 2006. Department of Economics, University of Sargodha, Sargodha. Participated in National Conference on Sustainable Agriculture for Rural Development and Poverty Alleviation National Library of Pakistan, Islamabad 19 th and 20 th May 2004 organized by Department of Food and Agriculture, Government of Sindh and Ministry of Food, Agriculture and Livestock, Government of Pakistan. Workshop on Designing Learning Experiences at Higher Education Commission Regional Centre Lahore on 22 24 December 2003. Page 7 of 7

National Conference on Development of Social Sciences and Humanities: Current Scenario and Emerging Trends at Islamabad on 15 17 December 2003. SEMINARS ORGANIZED Prof. Qazi Muhammad Fareed Memorial Essay Competition / Seminar on Austerity Economy, held on 20 th November 2009 at the Department of Economics University of the Punjab, Lahore. WTO and Challenges of Pakistan, May 3, 2005, at the Department of Economics, University of the Punjab, Lahore. WTO (World Trade Organization) and Pakistan s Economy, April 4, 2004, at the Department of Economics, University of the Punjab, Lahore. Improvement of Quality and Standard of Education in the Universities, May 21, 2003, at the Department of Economics, University of the Punjab, Lahore. Economics of Natural Resources, April 10, 2003, at the Department of Economics, University of the Punjab, Lahore. HONORS AND ACCOLADES Took courses in Economic Theory and Development Economics at University of Giessen, Germany, 15 th May 1998 30 th June 1998, under Summer Exchange Program financed by the University of Wisconsin Milwaukee (USA). Awarded Merit Scholarship for two consecutive years (1980 82) at University of the Punjab, Lahore. Second Position in M.A. Economics Examination, University of the Punjab, Lahore, 1982. First Position in Government College, Sargodha, in B.A. Examination, 1980. MEMBERSHIP Member, National Users Council, Pakistan Bureau of Statistics, Islamabad. Convener, Board of Studies in Economics, University of the Punjab, Lahore. Member, IDPC (Institutional Doctoral Program Committee), Institute of Business Administration, University of the Punjab, Lahore. Invited Member, IDPC, Institute of Administrative Sciences, University of the Punjab, Lahore. Member/Convener, DDPC (Departmental Doctoral Program Committee), Department of Economics, University of the Punjab, Lahore. Member, DDPC (Departmental Doctoral Program Committee), Department of Library and Information Science, University of the Punjab, Lahore. Member, Board of Studies in Commerce, Government College University, Faisalabad. Page 8 of 8

Member, Board of Studies in Economics, Government College University, Faisalabad. Member, Board of Studies in Economics, University of Sargodha, Sargodha. Member, Board of Advance Studies and Research, University of Management and Technology, Lahore. Member, Minimum Wage Board, Government of Punjab, Lahore. MISCELLANEOUS Resource Person in Economics at National Management College (NMC), Lahore. Managing Editor, Pakistan Economic and Social Review from September 2007 to date. Computer Skills: Microsoft Windows, MS Word, MS Excel, EVIEWS and Microfit. Language Skills: English, Urdu and Punjabi. Page 9 of 9