Economics – Philosophy, Objectives and Scope

1.2 Philosophy/Objectives and Scope

The Philosophy which guides the selection and training of students in Economics is the desire to continuously produce graduates well armed to play positive roles towards the social and economic advancement of Nigeria, Africa and the world. This philosophy enables graduates in the discipline to “Restore the dignity of man” in society. This philosophy is achieved not only by equipping the students with a broad foundation in the field of social sciences, but also in grounding them in the application of economic theory and the tools of economic analysis in solving human behavioural problems.

The degree programme seeks to fulfill the following interrelated objectives:

  • To stimulate the students to be able to observe, understand and critically analyze data on the multifarious socio-economic problems of the world and Nigeria in particular, by means of Social Science methods so as to effectively contribute objectively to solving the problems.
  • To ground the students in the theories, methods and philosophy of economic and policy analysis, emphasizing in the process, the effects of socio-political factors on economic behaviour;
  • To create a desirable milieu for positive behavioural changes which will enable students develop values like hard work, probity, discipline, creativity and self-reliance, dedication and patriotism essential to fulfill Nigeria’s National development objectives;
  • To prepare graduates to easily fit into several fields of human endeavour in both the public and private sector. The programme prepares students for careers in administration, banking and finance, planning and policy making, research, statistics, entrepreneurship, and in Secondary School and University teaching.