DEPARTMENT OF ECONOMICS

Philosophy and Objectives

The Programme is aimed at teaching economics to students of the department. It further deals with the application of economic principles to solving economic problems of the society. Economic research is therefore an important objective of the programme. It is designed to facilitate the learning, teaching, and research in economics. It is therefore aimed at producing graduates in economics who would be able at the completion of their studies to assume responsible positions in the various fields where sound’ knowledge of economics is required.

The students are to be exposed to the use of Mathematics and Statistics in business and other related fields and also they would be taught basic management and accounting principles, all aimed at making then very functional on graduation.

The Departmental Degree Programme and Admission

The Department admits students ‘either by entrance examination (Joint Admissions and Matriculation Examinations) for the four-year degree programme or by direct entry through the Joint Admissions and Matriculation Board for the Three-year degree programme. The prospective student must satisfy both the University and Departmental entry requirements.

For the four year programme, the department requires the prospective student to possess credit in five ordinary level subjects obtained in not more than two sittings, which must include English language, Mathematics and Economics.

Direct entry candidates must possess

• Passes at Principal level in SSC or GC (A level) in at least two relevant subjects obtained alone sitting.
• NCE, HND or first Degree.

In addition, the candidate should have obtained three at Ordinary Level in subjects other than those passed at Advance Level.

Industrial Attachment

The Department of Economics requires its students to go on Industrial Attachment for a total of three months before they can graduate. It takes place during the Long Vacation following the close of the second academic session. At ESUT as emphasis is on the practical application of knowledge to the country’s developmental problems, the students are provided with the opportunity of working and learning in different industries, institutions and governmental establishment during their industrial Attachment carries credits and has the effect of bringing theoretical knowledge “face to face” with practical experience.

Research Projects

At the end of the third academic session the students, in consultation with their supervisors, select their final year projects before proceeding to the second Industrial attachment. The projects must be on subjects related to the major areas of ach student’s concentration. The writing of the fourth year, project should be between 5,000 and 8,000 words, and must follow the format prescribed by the department under the guidance of the approved supervisor.

Programme Outline by fear Four Year Standard Degree Programme

Year One: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
GST 101	Use of English 1	2
GST 102	Nigerian Peoples and Culture	2
GST 103	Introduction to logic aid philosophy	2
LAW 111	Introduction to Nigeria Law 1	3
PSC 111	Introduction to Politics Science 1	3
ECO 101	Principles of Economic 1	2
ECO 103	Introduction to Economics statistics 1	2
ECO 103	Introduction to Maths for Economists 1	2
ECO 107	Introduction to Management in	2
SOC 111	Economists 1	2
	Introduction to Sociology
	Total Credit	22

Year One: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
GST 104	History and Philosophy of Science	2
GST 107	Use of English II	2
LAW 112	Introduction to Nigeriai Law II	3
ECO 102	Principles of Economic: II	2
ECO 104	Introduction of Economics Statistics 11	2
ECO 106	Introduction to Maths for Economists 11	2
ECO 108	Introduction to Management in Economics II	2
	Total Credit	15

Year Two: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
CSC 111	Computer Programming and Language I	2
ECO 201	Micro-Economic Theory I	2
ECO 221	Managerial Economies	2
ECO 241	Mathematics for Economists I	3
ECO 251	Principles of Public Finance	3
ECO 252	Monetary Economics	2
ECO 211	Macro-Economic Theory 1	2
ECO 271	Economic History	2
ACC 101	Principles of Accounting 1	3
PSY 111	Introduction to Psychology	2
	Total Credit	21

Year Two: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
GST 202
CSC 112	Computer Programming and Language I	2
ECO 202	Micro-Economic Theory I	2
ECO 214	Micro-Economic Theory II	2
EC 224	Business Economics	2
ECO 242	Mathematics for Economists II	2
ECO 272	History of Economic Thought I	2
ACC 102	Principles of Accounting I	3
ECO 263	Economics Problems of Nigeria	2
	Total Credit	20

Year Three: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 311	Public Policy	2
ECO 315	Intermediate Micro Economics	4
ECO 326	Management Accounting	2
ECO 332	International Economics	2
ECO 341	Labour Economics	2
ECO 344	Applied Economic Statistics 1	2
ECO 373	History of Economics Thought II	2
ECO 382	Political Economy	2
	Total Credit	18

Year Three: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 316	Intermediate Macro-Economics	4
ECO 345	Econometrics and -Research Methods	2
ECO 333	International Economic Relations	2
ECO 346	Applied Economics Statistics 11	2
ECO 355	Nigerian Public Finance	2
ECO 347	Mathematical Economics	2
ECO 354	Financial Institutions	2
ECO 383	blic Policy II	2
ECO 382	Industrial Attachment
	Total Credit	18

Year Four: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 417	Advance Micro-Economics I	2
ECO 418	Advanced Macro-Economics 1	2
ECO 493	Project Evaluation 1	2
ECO 487	Comparative Econ-System	2
ECO 465	Economic Development and Planning 1	2
ECO 466	Problems and policies of Development	2
ECO 458	Taxation and Fiscal Policy	2
ECO 448	Applied Economic Statistics III	2
ECO 427	Industrial Relations and Personnel	2
ECO 453	Management	2
	Money and Banking
	Total Credit	20

Year Four: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 419	Advanced Micro-Economics 11	2
ECO 420	Advanced Macro-Economics II	2
ECO 494	Project Evaluation II	2
ECO 467	Economics Dev. & Planning II	2
ECO 428	Economic of Production	2
ECO 495	Research Project	6
ECO 434	Petroleum Economics	2
ECO 449	Econometrics	2
	Total Credit	20

DIRECT ENTRY THREE YEAR PROGRAMME YEAR TWO

COURSE CODE	COURSES TITLE	CREDIT
CSC 111	Computer Programming and Language	2
ECO 201	Micro- Economics Theory I	2
ECO 212	Micro-Economics Theory II	2
ECO 221	Managerial Economics	2
ECO 241	Mathematics for Economists	2
ECO 251	Principles of Public Finance	2
ECO 252	Monetary Economics	2
ECO 271	Economic History	2
ACC 101	Principles of Accounting I	3
	Total Credit	20

Year Two: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
CSC 112	Computer Programming and Language II	3
PSY 111	Introduction to Psychology	2
ECO 202	Micro-Economics Theory I	2
ECO 214	Micro-Economics Theory 11	2
ECO 224	Business Economics	2
ECO 242	Mathematics for Economics	2
ECO 263	Economic Problems of Nigeria	2
ECO 272	History of Economic Thought 1	2
ACC 102	Principles of Accounting II	2
ECO 391	Industrial Attachment	3
	Total Credit	20

Year Three: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 311	Public Policy 1	2
PSY 315	Intermediate Micro Economics	4
ECO 326	Management Accounting	2
ECO 332	International Economics	2
ECO 341	Labour Economics	2
ECO 344	Applied Economics Statistics 1	2
ECO 373	History of Economic Thought II	2
ECO 382	Political Economy	2
	Total Credit	18

Year Three: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 316	Intermediate Macro-Economics	4
ECO 345	Econometrics and Research Methods	2
ECO 333	International Economic Relations	2
ECO 346	Applied Economics Statistics II	2
ECO 355	Nigeria Public Finance	2
ECO 347	Mathematical Economics	2
ECO 354	Financial Institutions	2
ECO 383	Public Policy II	2
ECO 392	Industrial Attachment
	Total Credit	18

Year Four: 1st Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 417	Advanced Micro-Economics I	2
ECO 418	Advanced Macro-Economics I	2
ECO 493	Project Evaluation I	2
ECO 487	Comparative Econ. System	2
ECO 465	Economic Development and Planning I	2
ECO 466	Problems and Policies of Dev.	2
ECO 458	Taxation and Fiscal Policy	2
ECO 448	Applied Statistics III	2
ECO 427	Industrial Relations Personnel Management	2
ECO 453	Money and Banking	2
	Total Credit	20

Year Four: 2nd Semester

COURSE CODE	COURSES TITLE	CREDIT
ECO 419	Advanced Micro-Economics II	2
ECO 420	Advanced Macro-Economics II	2
ECO 494	Project Evaluation II	2
ECO 467	Economic Dev. & Planning II	2
ECO 428	Economics of Production	2
ECO 495	Research Projects	6
ECO 434	Petroleum Economics	2
ECO 449	Econometrics	2
	Total Credit	18