A Case Study of Pakistan Determinants of Female Labour Force in South Asia employment. The theory further postulates that the higher the education levels, the more the people would be willing to participate in the labour market to benefit from the positive relationship between wage level and educational attainment. Hence, this study aims to test this particular part of the theory in gauging how education plays its role in the FLFP in Pakistan. Talking about educational attainment, Schultz(1961) argues that there may be a“U-shaped” relationship between the levels of education and FLFP. Accordingly, women with no education would have higher participation rates, the rate would be lower for women with a primary or secondary level of education and higher participation rates for the ones with tertiary levels of education. The most plausible explanation given for such a relation is that high poverty levels force women to actively be a part of the labour economy, as it is essential for survival. However, those with some level of education have preferences for particular occupations and lack of such opportunities would imply opting out of the labour market. Besides this, mostly women with secondary levels of education in developing countries take part in household production or in the informal economy. As informal workers are not counted as part of the labour force, this translates into lower FLFPRs. Thus, this theory stresses the significance of formal education and, thereby, educational expenditures as a highly instrumental investment for increasing human capital. Ghez and Becker(1975) explain that the size of the stock of human capital is also important. It affects the efficiency in market production and consumption as time allocation between work and leisure is determined simultaneously with the accumulation of human capital. This also explains the reasoning behind gender differences in decisions regarding human capital investments. Becker(1965) further highlights that the decisions about the division of labour i-e taking part in the household production or part of the labour market are based on the principle of comparative advantage. Historically, women have a comparative advantage in household production such as childcare and men in the labour economy; therefore, women engage more in non-market work than men. This could also explain why traditionally, women invest in human capital that increases household efficiency, and males do that to raise market efficiency. Likewise, women coming from a traditional mind setup would spend less on higher education(Lim, 2017, p. 44). Lastly, the human capital model within this theory explains that the decision to invest in tertiary education is determined by doing a cost-benefit analysis 10