Center of Excellence in Higher Education
The First Private University in Bangladesh

Dr. Asad Karim Khan Priyo

Full-Time Faculty
Assistant Professor

PhD in Economics (Specialization: Macroeconomics & Finance), University of Toronto, Canada

MA in Economics, York University, Canada

Phone: +880-2-55668200 Ext- 1812
Office: NAC 831 (A)

Curriculum Vitae

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Dr Asad Karim Khan Priyo completed his Bachelors in Business Administration with a major in Finance and minor in Economics from North South University, Bangladesh and received the Chancellor’s gold medal from the President of Bangladesh for being the valedictorian of the class of 2004. He completed his MA in Economics from York University, Canada, and obtained his PhD in Economics from the University of Toronto, Canada.

Dr Priyo’s PhD thesis titled “Essays on Macroeconomics and Finance” analyzes the determinants of cross-country sectoral productivity differences, excess reserve holdings of U.S. commercial banks and excessive continuation by U.S. firms. Dr Priyo has extensive experience in conducting research, workshops, and seminars in the area of Economics and Finance. His expertise includes macroeconomic modelling - Computable General Equilibrium (CGE) modelling in particular - and empirical analysis based on micro-level data and experiments. His publications and working papers, including publication in The B.E. Journal of Macroeconomics, cover topics such as cross-country income differences, labor market distortions, investment decision making, impact of exchange rate regime change on currency value, impact of risk and ambiguity aversions on technology adoption, impact of risk and uncertainty in decision-making of financial institutions, regulatory issues in financial innovation for SME-s, and regulations, efficiency and cost associated with Government to Business (G2B) services in Bangladesh. He has hosted and participated in over 15 seminars, conferences, and workshops in his areas of expertise at home and abroad. 

1. "Sector-Specific Capital, Labor Market Distortions and Cross-Country Income Differences: A Two-Sector General Equilibrium Approach." The B.E. Journal of Macroeconomics: Vol. 12: Iss. 1 (Topics, 2012): Article 3. [Link]

2. “Impact of Exchange Rate Regime Change on the Value of Bangladesh Currency.” Social Science Review (Faculty of Social Science, University of Dhaka, ISSN: 1562-269x): Vol. 26: Iss. 1 (June 2009): 185-214. [Link]

Working Papers:
1. “Uncertainties in Deposit Financing, Risky Trading Securities and Differences in Loan and Reserve Behavior of U.S. Commercial Banks." [Link]

2. "Do Firms Continue Excessively? An Empirical Analysis." With Varouj A. Aivazian and Mohammad M. Rahaman [Link]

3. “Attitudes Towards Uncertainty with Communication, Technology Adoption and Insurance Take up: Evidence from a Framed Field Experiment in Bangladesh.” With Ahsanuzzaman and Kanti Ananta Nuzhat [Link]

4. "Understanding the Stock Market Investment Decisions of Bangladeshi Investors: A Thematic Content Analysis Approach." With Ashiqul Haq Chowdhury [Link]


“ICT Investments and Cross-Country Income Differences.” With Ummaha Tul Hazra

“Returns to Schooling in Bangladesh: Marginal Treatment Effect Approach.” With Ahsanuzzaman



  • Research Grant worth BDT 4,00,000 for conducting research on “Attitudes Towards Uncertainty with Communication, Technology Adoption and Insurance Take up: Evidence from a Framed Field Experiment in Bangladesh.” With Ahsanuzzaman and Kanti Ananta Nuzhat
  • Department of Economics Award: H. Stanley Hunnisett Fund 2013-14, University of Toronto
  • Department of Economics 2013 Award for Excellence in Teaching by Teaching Assistants, University of Toronto
  • Doctoral Completion Award (DCA), 2012-13 and 2011-12, School of Graduate Studies, University of Toronto,
  • Ontario Graduate Scholarship (OGS), 2011-12
  • University of Toronto Fellowship, 2007-2011
  • Connaught Tuition Award,2007, University of Toronto,
  • International Tuition Fee scholarship - York University
  • Chancellor’s Gold Medal from the honorable President of the People’s Republic of Bangladesh for being the Valedictorian of the class of 2004 of North South University.
  • Scholarship worth 50% of tuition received from North South University from Summer 2000 to Summer 2003
  • Award of Appreciation from North South University Debating Club (Bangladesh), Acclamatory award & Life Membership award from Notre Dame Debating Club (Bangladesh), Life Membership award from Notre Dame Chess Club (Bangladesh)

PhD in Economics
University of Toronto, Ontario, Canada, 2014
Thesis: Essays on Macroeconomics and Finance
Thesis Committee: Xiaodong Zhu (Supervisor), Gustavo Bobonis, Varouj A. Aivazian

MA in Economics
York University, Ontario, Canada, 2006
CGPA: 9/9

BBA,  Major: Finance, Minor: Economics
North South University, Dhaka, Bangladesh, 2004
CGPA: 3.99/4; Valedictorian of the class of 2004

Assistant Professor
Department of Economics 
School of Business and Economics
North South University, Dhaka, Bangladesh
Date of joining: January 1, 2015

Course Instructor
Microeconomic Theory (2nd year undergraduate level course)
Department of Economics, University of Toronto
September 2011 – April 2012

School of Business, North South University, Dhaka, Bangladesh 
September 2006 – August 2007
September 2007 – August 2013 (study leave)
September 2013 – August 2014 (extraordinary leave)

International Marketing Coordinator
International Marketing Communication Division
Bangkok Pattaya Hospital, Pattaya City, Thailand
August 2004 – July 2005

Graduate: Macroeconomic Theory (ECO 504), Macroeconomic Analysis (ECO 512), Economic Conditions Analysis (BUS 530), Investment Theory (FIN 637)

Undergraduate: Introduction to Business (BUS 101), Introduction to Macroeconomics (ECO 104),  Intermediate Microeconomics (ECO 204 at University of Toronto),  Investment Theory (FIN 435)

- Senior Research Fellow at the Economic Research Group (ERG), Bangladesh

- Refereed articles for “The International Journal of Financial Economics (Canada)” and “Business & Economic Review (Pakistan)”

- Member of Scientific Committee for the 2nd International Conference on Economics and Development 2018 (ICED 2018) to be held in Colombo, Sri Lanka during June 20 – 21 of June 2018 under the theme “The Green Economy and Sustainable Development: Towards a New Research and Policy Agenda.”

- Member of the Scientific Committee for the 4th International Conference on Poverty and Sustainable Development (ICPSD 2017) to be held during December 5 – 6, 2017 in Colombo, Sri Lanka under the theme "Strategies for meeting SDGs: Ending Poverty in all its Forms Everywhere"

Macroeconomics, Bank Finance, Coporate Finance, Economic Growth, Development Economics, Labor Economics, International Economics