Basic Network Analysis of KSE-100
For the third edition of the Brown Bag Series, the Economics Department invited Amin Hussain, a Teaching Fellow in the economics department, to give a talk. What distinguishes Amin Hussain from the rest of the faculty is that he did not start out as an Economist. He was initially an Electrical Engineer and it was later on that he developed an interest in Economics and went on to do his Masters in Economics from both LUMS and the London School of Economics and Political Science. He was selected for the esteemed Commonwealth Scholarship. The talk was primarily about research that Amin Hussain was doing on the Karachi Stock Exchange (KSE-100). Although, there has been extensive research on the index but his work introduced a completely new approach to the field. KSE was reimagined as a network and was analyzed from that lens. The concept of a network comes from Computer Science where they are used to represent the World Wide Web, social media and other similar platforms. Network analysis is, however, has now seeped into the field of Economics to study the importance of linkages and mapping out the KSE-100.