DEPARTMENT OF ECONOMICS

1.0 Introduction to the Department
The Department of Economics is in the Faculty of Arts, Social and Management Sciences at Dominion University. It offers B.Sc. degree programme in Economics.

1.1 Philosophy of the Department
The philosophy and mission statement underlying the Economics programme of Dominion University in the Faculty of Art, Social and Management Sciences is to produce graduates equipped with critical skills and abilities to:
i. abstract using simplified models that identify the essence of a problem;
ii. analyse and reason both deductively and inductively;
iii. marshal evidence, assimilate structure and analyse qualitative and quantitative data;
iv. communicate concisely the results to a wide audience, including those with no training in Economics;
v. think critically about the limits of one’s analysis in a broader socio-economic context; and
vi. draw economic policy inferences and to recognise the potential constraints in their implementation.

1.2 Objectives of the Degree Programme

The objectives of the programme are to:
a. provide training in the principles of economics and their application appropriate to the type of degree concerned (single, joint and combined studies);

b. stimulate students intellectually through the study of economics and to lead them to appreciate its application to a range of problems and its relevance in a variety of contexts;

c. provide a firm foundation of knowledge about the workings of an economy and to develop the relevant skills for the constructive use of that knowledge in a range of settings;

d. develop in students the ability to apply the analytical tools, knowledge and skills acquired to the solution of societies’ economic problems;

e. equip students with appropriate tools of analysis to tackle issues and problems of economic policy;

f. develop in students, through the study of economics, a range of transferable skills that will be of value in employment and self-employment;

g. provide students with analytical skills and the ability to develop simplified frameworks for studying the real world;

h. provide students with the knowledge and skill base, from which they can proceed to further studies in Economics, related areas or in inter-disciplinary areas that involve Economics; and

i. generate in students an appreciation of the economic dimensions of wider social and political issues.

REQUIREMENTS
COURSE STRUCTURE

2.0 Requirements for Admission

Candidates are admitted into a degree programme in Economics in any of the following three ways:

The University Tertiary Matriculation Examination (UTME)
Direct Entry/JUPEB
Inter-University Transfer

2.1.1 UTME Entry Mode

The minimum academic requirement is credit level passes in five subjects at O level including English Language, Mathematics and Economics at not more than two sittings in a nationally recognised examination.

2.1.2 Direct Entry Mode

(a) In addition to O level requirements stipulated above, applicants should possess at least two A level papers in relevant subjects.

(b) OND in relevant discipline with at least upper credit grade in addition to the five credit passes as in 2.1.1 above.

3.0 COURSE STRUCTURE OF THE DEPARTMENT

100 Level

First Semester

S/N	Course Code	Course Title	Credits Units	Status	LH
1	ECO 101	Principles of Economics 1	2	C	30
2	ECO 103	Introduction to Mathematics for Economics	2	C	30
3	ACC 101	Principles of Accounting 1	2	C	30
4	GST 101	Communication in English 1	2	R	30
5	GST 105	History and Philosophy of Science	2	R	30
6	GST 123	Logic, Philosophy and Human Existence	2	R	30
7	BUS 101	Principles of Management I	2	C	30
8	MGT 113	Basic Statistical Methods	2	C	30
9	CSC 101	Introduction to Computer	3	C	45
10	GST 107	Introduction to Entrepreneurship	2	C	30
11	CRM 105	Introduction to Sociology	2	C	30
	Subtotal		23

Second Semester

S/N	Course Code	Course Title	Credits Units	Status	LH
1	ECO 103	Introduction to Statistics	2	C	30
2	ACC 102	Principles of Accounting II	2	C	30
3	BUS 102	Principles of Management II	2	C	30
4	GST 104	Nigeria Peoples and Culture	2	R	30
5	GST 102	Communication in English II	2	R	30
6	ECO 110	Principles of Economics II	2	C	30
7	ECO 106	Introductory to Mathematics For Economics II	2	C	30
8	GST 122	Use of Library, Study Skills and ICT	2	R	30
9	IRP 122	Introduction to Psychology	2	C	30
10	GST 110	The Citizens and the State	2	R	30
	Subtotal		20
	Total		43

200 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1	ECO 201	Introduction to Micro-Economics	4	C	60
2.	ECO 203	Mathematics for Economists 1	4	C	60
3.	ECO 207	Labour Economics	2	C	30
4.	BUS 203	Business Communication	2	C	30
5.	GST 211	Entrepreneurship	2	R	30
6.	GST 221	Peace Studies and Conflict Resolution	2	R	30
7.	ACC 201	Financial Accounting I	3	E	45
8.	BUS 201	Human Resources Management	3	E	45
Subtotal			22

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 202	Introduction to Macro-Economics	4	C	60
2.	ECO 204	History and Structure of the Nigerian Economy I and II	4	R	60
3.	ECO 206	Principles of Finance	2	C	30
4.	GST 210	Environmental and Sustainable Development	2	R	30
5.	GST 222	Leadership Skills	2	R	30
6.	ECO 208	Applied Statistics 1	4	C	60
7.	ACC 202	Financial Accounting I1	2	E	30
8.	MGT 214	The Private and Public Sector	2	E	30
Subtotal			22
Total			44

300 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 301	Intermediate Micro- Economics	4	C	60
2.	ECO 303	International Economics	4	R	60
3.	ECO 305	Operational Research	3	R	45
4.	ECO 307	Introductory Econometrics	3	C	45
5.	ECO 309	Mathematics For Economists 11	2	R	30
6.	GST 211	Entrepreneurship	2	C	30
7.	ECO 311	Monetary Economics	2	E	30
8.	ECO 313	Political Economics	2	E	30
Subtotal			22

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 302	Intermediate Macro-Economics	4	C	60
2.	ECO 304	Project Evaluation	4	C	60
3.	ECO 306	History of Economic Thought	4	C	60
4.	ECO 308	Public Sector Economics	3	R	45
5.	ECO 310	Economics of Development	2	R	45
6.	ECO 312	Research Methods	2	R	30
7.	ECO 314	Financial Institutions	2	E	30
8.	ECO 316	Economic Planning	2	E	30
Subtotal			23
Total			45

400 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 401	Advanced Micro-Economics Theory	4	C	60
2.	ECO 403	Economics of Production	3	C	45
3.	ECO 405	Economic Policy	3	C	45
4.	ECO 407	Comparative Economic System	2	R	30
5.	ECO 409	Applied Monetary Economics	2	R	30
6.	EC0 419	Applied Statistics 11	2	C	30
7.	ECO 411	Problems and Policies of Development	2	E	30
8.	ECO 413	Urban and Regional Economics	2	E	30
Subtotal			20

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 402	Advanced Macro-Economics Theory	4	C	60
2.	ECO 404	Taxation and Fiscal Policy	3	C	45
3.	ECO 406	Operational Research II	3	R	45
4.	ECO 420	Project / Long Essay	6	C
5.	ACC 314	Management Accounting	2	E	30
6.	MGT 402	Management Information System	2	E	30
Subtotal			20
Total			40

REQUIREMENTS

2.0 Requirements for Admission

Candidates are admitted into a degree programme in Economics in any of the following three ways:

The University Tertiary Matriculation Examination (UTME)
Direct Entry/JUPEB
Inter-University Transfer

2.1.1 UTME Entry Mode

2.1.2 Direct Entry Mode

(a) In addition to O level requirements stipulated above, applicants should possess at least two A level papers in relevant subjects.

(b) OND in relevant discipline with at least upper credit grade in addition to the five credit passes as in 2.1.1 above.

COURSE STRUCTURE

3.0 COURSE STRUCTURE OF THE DEPARTMENT

100 Level

First Semester

S/N	Course Code	Course Title	Credits Units	Status	LH
1	ECO 101	Principles of Economics 1	2	C	30
2	ECO 103	Introduction to Mathematics for Economics	2	C	30
3	ACC 101	Principles of Accounting 1	2	C	30
4	GST 101	Communication in English 1	2	R	30
5	GST 105	History and Philosophy of Science	2	R	30
6	GST 123	Logic, Philosophy and Human Existence	2	R	30
7	BUS 101	Principles of Management I	2	C	30
8	MGT 113	Basic Statistical Methods	2	C	30
9	CSC 101	Introduction to Computer	3	C	45
10	GST 107	Introduction to Entrepreneurship	2	C	30
11	CRM 105	Introduction to Sociology	2	C	30
	Subtotal		23

Second Semester

S/N	Course Code	Course Title	Credits Units	Status	LH
1	ECO 103	Introduction to Statistics	2	C	30
2	ACC 102	Principles of Accounting II	2	C	30
3	BUS 102	Principles of Management II	2	C	30
4	GST 104	Nigeria Peoples and Culture	2	R	30
5	GST 102	Communication in English II	2	R	30
6	ECO 110	Principles of Economics II	2	C	30
7	ECO 106	Introductory to Mathematics For Economics II	2	C	30
8	GST 122	Use of Library, Study Skills and ICT	2	R	30
9	IRP 122	Introduction to Psychology	2	C	30
10	GST 110	The Citizens and the State	2	R	30
	Subtotal		20
	Total		43

200 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1	ECO 201	Introduction to Micro-Economics	4	C	60
2.	ECO 203	Mathematics for Economists 1	4	C	60
3.	ECO 207	Labour Economics	2	C	30
4.	BUS 203	Business Communication	2	C	30
5.	GST 211	Entrepreneurship	2	R	30
6.	GST 221	Peace Studies and Conflict Resolution	2	R	30
7.	ACC 201	Financial Accounting I	3	E	45
8.	BUS 201	Human Resources Management	3	E	45
Subtotal			22

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 202	Introduction to Macro-Economics	4	C	60
2.	ECO 204	History and Structure of the Nigerian Economy I and II	4	R	60
3.	ECO 206	Principles of Finance	2	C	30
4.	GST 210	Environmental and Sustainable Development	2	R	30
5.	GST 222	Leadership Skills	2	R	30
6.	ECO 208	Applied Statistics 1	4	C	60
7.	ACC 202	Financial Accounting I1	2	E	30
8.	MGT 214	The Private and Public Sector	2	E	30
Subtotal			22
Total			44

300 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 301	Intermediate Micro- Economics	4	C	60
2.	ECO 303	International Economics	4	R	60
3.	ECO 305	Operational Research	3	R	45
4.	ECO 307	Introductory Econometrics	3	C	45
5.	ECO 309	Mathematics For Economists 11	2	R	30
6.	GST 211	Entrepreneurship	2	C	30
7.	ECO 311	Monetary Economics	2	E	30
8.	ECO 313	Political Economics	2	E	30
Subtotal			22

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 302	Intermediate Macro-Economics	4	C	60
2.	ECO 304	Project Evaluation	4	C	60
3.	ECO 306	History of Economic Thought	4	C	60
4.	ECO 308	Public Sector Economics	3	R	45
5.	ECO 310	Economics of Development	2	R	45
6.	ECO 312	Research Methods	2	R	30
7.	ECO 314	Financial Institutions	2	E	30
8.	ECO 316	Economic Planning	2	E	30
Subtotal			23
Total			45

400 Level

First Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 401	Advanced Micro-Economics Theory	4	C	60
2.	ECO 403	Economics of Production	3	C	45
3.	ECO 405	Economic Policy	3	C	45
4.	ECO 407	Comparative Economic System	2	R	30
5.	ECO 409	Applied Monetary Economics	2	R	30
6.	EC0 419	Applied Statistics 11	2	C	30
7.	ECO 411	Problems and Policies of Development	2	E	30
8.	ECO 413	Urban and Regional Economics	2	E	30
Subtotal			20

Second Semester

S/N	Course Code	Course Title	Units	Status	LH
1.	ECO 402	Advanced Macro-Economics Theory	4	C	60
2.	ECO 404	Taxation and Fiscal Policy	3	C	45
3.	ECO 406	Operational Research II	3	R	45
4.	ECO 420	Project / Long Essay	6	C
5.	ACC 314	Management Accounting	2	E	30
6.	MGT 402	Management Information System	2	E	30
Subtotal			20
Total			40

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