4 Years

Economics in Godfrey Okoye University (GOU) is obviously a lively and evolving science, which aims at exposing students/scholars to economic way of thinking (rational reasoning). This way of thinking helps one gain insight into how the economy works and how it could be made better.

Economics by definition is a social science, a study of the behaviors of humans in groups. Given this concern, the central problems of economics are related to the fact that resources are limited relative to ‘wants’ (or alternative uses). This leads to issues of efficiency and equity in resource use. Therefore the ultimate goal of economics is to provide useful policy advice.


Vision of Department of Economics


The vision of Department of Economics at Godfrey Okoye University (GOU) which is line with the University’s vision is to produce graduates imbued with the skill to understand and make contributions to the development of Nigeria and the global community. Fundamentally, an economist is primarily an analyst. As such, the department seeks to produce graduates equipped with modern analytical, quantitative and expositional skills as well as expert intuition to help them become world class economic analysts. Students acquire general socio-political as well as specialized economics knowledge in order to meet the human resources needs of society and in order to be responsible human beings.




The objectives of the Department of Economics are to:

1. Help its student develop critical thinking in order to identify, understand and appreciate economic problems of society.

2. Help students be able to apply modern economic theories and quantitative methods to solve economic problems of society.

3. Help students gain expertise in particular branches of economics while maintaining a general knowledge of the economic models and methods in several other areas in order to become versatile upon graduation.

4. Help students develop modern economic techniques to synthesize, analyze and articulate economic forces influencing the economy and society; be able to propose appropriate policy solutions in the interest of humanity and the environment upon graduation.


Candidates for admission into the four year degree in Economics should possess a Senior Secondary Certificate Examination (SSCE), General Certificate of Education (GCE), NECO or their equivalent with at least five credit passes, at not more two sittings. The five credit passes must include Mathematics, English Language, Economics and any one of the following: Geography, Physics, Additional Mathematics, Agricultural Science, Government etc. In addition candidates must have acceptable passes in UTME.


Direct Entry

Candidates for Direct Entry admission shall satisfy similar requirements as UTME candidates except that at least two Subjects which must include Economics shall be at Advanced level, provided that such passes are not counted at both levels of the examination. Candidates are expected to satisfy the Godfrey Okoye University requirements for admission by direct entry.


Year 1 Semester  1

Course Code Course Title Units
ECO 101 Principles of Economics I 2
ECO 111 General Mathematics for Economics I 2
ECO 113 Statistics for Economics I 2


Year 1 Semester  2

Course Code Course Title Units
ECO 102 Principles of Economics II 2
ECO 112 General Mathematics for Economics II 2
ECO 114 Statistics for Economics II 2





Year 2 Semester  1

Course Code Course Title Units
ECO 203 Introduction to Microeconomics I 2
ECO 205 Introduction to Macroeconomics I 2
ECO 215 Mathematical Methods for Economics I 2
ECO 217 Applied Statistics I 2
ECO 281 History & Structure of Nigeria Economy I 2
ECO 283 History of Economic Thought I 2


Year 2 Semester  2

Course Code Course Title Units
ECO 204 Introduction to Microeconomics II 2
ECO 206 Introduction to Macroeconomics II 2
ECO 216 Mathematical Methods for Economics II 2
ECO 218 Applied Statistics II 2
ECO 282 History & Structure of Nigeria Economy II 2
ECO 284 History of Economic Thought II 2



Year 3 Semester  1

Course Code Course Title Units
ECO 301 Intermediate Microeconomics I 2
ECO 303 Intermediate Macroeconomics I 2
ECO 321 Mathematical Economics I 2
ECO 323 Econometrics I 2
ECO 331 Monetary Economics I 2
ECO 341 Public Sector Economics I 2
ECO 361 Labour Economics I 2
ECO 371 Development Economics I 2
ECO 373 Resource and Energy Economics 2
ECO 375 Health Economics 2
ECO 391 Junior Seminar & Research Methods I 1


Year 3 Semester  2

Course Code Course Title Units
ECO 302 Intermediate Microeconomics II 2
ECO 304 Intermediate Macroeconomics II 2
ECO 322 Mathematical Economics II 2
ECO 324 Econometrics II 2
ECO 342 Public Sector Economics II 2
ECO 352 International Economics I 2
ECO 362 Labour Economics II 2
ECO 364 Industrial Organizations (Economics of Production) 2
ECO 372 Development Economics II 2
ECO 392 Junior Seminar & Research Methods II 1



Year 4 Semester  1

Course Code Course Title Units
ECO 405 Advanced Microeconomics I 2
ECO 407 Advanced Macroeconomics I 2
ECO 425 Econometrics III 2
ECO 433 Monetary Economics II 2
ECO 443 Project Evaluation I 2
ECO 453 International Economics II 2
ECO 475 Agricultural Economics 2
ECO 493 Senior Seminar/Research Project I 3


Year 4 Semester  2

Course Code Course Title Units
ECO 406 Advanced Microeconomics II 2
ECO 408 Advanced Macroeconomics II 2
ECO 426 Econometrics IV 2
ECO 444 Project Evaluation II 2
ECO 454 Comparative Economic System 2
ECO 474 Economic Planning 2
ECO 476 Agricultural Economics II 2
ECO 494 Senior Seminar/Research Project II 3

Graduates of Economics degree programme are prepared for careers as:


University lecturers in Economics o Economists/Directors in Research Institutions

Economists in the industry and private enterprises

Managers in Banks and other financial institutions o Economic Advisers to Governments /institutions

Economic Consultants serving the general public o Board members in public and private enterprises