Economics
Department
Equipping students with a professional capacity for economic analysis and policy making through rigorous instruction in theory, quantitative research, and public policy applications.
Academic Foundations
Economics as a discipline was born in the eighteenth century when Adam Smith (1776) separated economics from political economy. He laid the foundation of Economics as a distinct social science, centering attention on the activities of man as a consumer, producer, and distributor of goods and services.
Our philosophy is to produce graduates imbued with the enthusiasm to contribute to Nigeria, Africa, and the global community by equipping them with a broad foundation of knowledge, ensuring they can navigate the everyday business of life with intellectual rigor.
Strategic Objectives
Develop and improve students' comprehensive understanding of economics at various stages of developmental growth.
Develop critical judgment and the ability to synthesize data on socio-economic problems using modern economic technologies.
Create a high-standard environment that enables students to raise their level of creativity and promote self-reliance.
Develop behavioral values in consonance with national objectives, emphasizing hard work, probity, and discipline.
Provide empirical explanations of economic events and facilitate predictions of reactions to changes in economic data.
Provide intensive teaching and in-depth research to develop high-level manpower for institutions of higher learning.
Entry Requirements
Candidates must satisfy both university minimum entry requirements and departmental standards as spelt out by the NUC.
- Five 'O' level credits in SSCE, GCE, or NECO (including English, Mathematics, and Economics).
- Acceptable scores in the Unified Tertiary Matriculation Examination (UTME).
- Direct Entry: Two 'A' level passes, OND, HND, or a B.Sc. from recognized institutions.
- Assessment: 30% Continuous Assessment (C.A) and 70% Final Examination.
Award of Degree
The B.Sc. in Economics is conferred upon students who satisfy the following:
- Completion of all prescribed compulsory units.
- Attainment of all required and optional course standards.
- Minimum cumulative GPA (Grade Point Average) of 1.00.
- Minimum credit requirement of 130 units.
Grading & Course Coding
Classes of Degree (CGPA)
| Class | CGPA Range |
|---|---|
| 1st Class Honours | 4.50 – 5.00 |
| 2nd Class Upper | 3.50 – 4.49 |
| 2nd Class Lower | 2.40 – 3.49 |
| 3rd Class | 1.50 – 2.39 |
| Pass | 1.00 – 1.49 |
Grading Scale
Course Coding System
1st Digit: Year of Study (e.g., 1 = 100 Level)
2nd Digit: Stress Area / Specialization focus
3rd Digit: Semester sequence (Odd = 1st, Even = 2nd)
Example: ECC 101 (Principle of Economics I) denotes a 100 Level course in Economic Theory, occurring in the first semester.
Core Stress Areas
Elite Career Pathways
Economic Adviser
Providing strategic policy recommendations for government and private entities.
Investment Executive
Managing diverse portfolios through rigorous financial analysis and risk assessment.
Central Banker
Developing monetary policies to maintain price stability and national growth.
Career Diplomat
Representing national interests in international trade and global economic forums.
Quantitative Analyst
Applying advanced mathematical models to predict market behavior and solve financial problems.
Public Policy Specialist
Designing government programs to address societal challenges and public welfare.
Research Economist
Conducting empirical studies to inform academic discourse and evidence-based policy.
Financial Controller
Overseeing financial health and ensuring regulatory compliance and operational efficiency.
Intelligence Officer
Analyzing economic data to identify geopolitical risks and strategic opportunities.
University Lecturer
Advancing the frontier of economic knowledge through teaching and high-impact research.
Join the Economists of Tomorrow
Equip yourself with the analytical tools to reshape the global economy. Step into a world of high-stakes policy, finance, and societal impact.