University libraries are playing an important role to collect and organize the records of knowledge to support teaching and research programmes. Citation analysis is very helpful for Librarian to know researchers literature usage patterns, and helps to analyse the most useful journals to subscribe. In this paper, citation analysis is engaged in studying Ph.D. theses submitted to the Department of Economics, Panjab University Chandigarh, during the period (2002 – 2012) with a view to find out citation practice in the thesis. Citation analysis is a important component of bibliometric studies. The bibliometric studies help to assess research publications and help to produce information which can be used by information experts, decision makers, and experts. This research paper will be helpful tool for assessment of research works in Economics and demonstrate with facts and figures research publications in the field of Economics.