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 CodeCourse TitleUnits
ECO 101Principles of Economics I2
ECO 111General Mathematics for Economics I2
ECO 113Statistics for Economics I2


Year 1 Semester  2

Course CodeCourse TitleUnits
ECO 102Principles of Economics II2
ECO 112General Mathematics for Economics II2
ECO 114Statistics for Economics II2





Year 2 Semester  1

Course CodeCourse TitleUnits
ECO 203Introduction to Microeconomics I2
ECO 205Introduction to Macroeconomics I2
ECO 215Mathematical Methods for Economics I2
ECO 217Applied Statistics I2
ECO 281History & Structure of Nigeria Economy I2
ECO 283History of Economic Thought I2


Year 2 Semester  2

Course CodeCourse TitleUnits
ECO 204Introduction to Microeconomics II2
ECO 206Introduction to Macroeconomics II2
ECO 216Mathematical Methods for Economics II2
ECO 218Applied Statistics II2
ECO 282History & Structure of Nigeria Economy II2
ECO 284History of Economic Thought II2



Year 3 Semester  1

Course CodeCourse TitleUnits
ECO 301Intermediate Microeconomics I2
ECO 303Intermediate Macroeconomics I2
ECO 321Mathematical Economics I2
ECO 323Econometrics I2
ECO 331Monetary Economics I2
ECO 341Public Sector Economics I2
ECO 361Labour Economics I2
ECO 371Development Economics I2
ECO 373Resource and Energy Economics2
ECO 375Health Economics2
ECO 391Junior Seminar & Research Methods I1


Year 3 Semester  2

Course CodeCourse TitleUnits
ECO 302Intermediate Microeconomics II2
ECO 304Intermediate Macroeconomics II2
ECO 322Mathematical Economics II2
ECO 324Econometrics II2
ECO 342Public Sector Economics II2
ECO 352International Economics I2
ECO 362Labour Economics II2
ECO 364Industrial Organizations (Economics of Production)2
ECO 372Development Economics II2
ECO 392Junior Seminar & Research Methods II1



Year 4 Semester  1

Course CodeCourse TitleUnits
ECO 405Advanced Microeconomics I2
ECO 407Advanced Macroeconomics I2
ECO 425Econometrics III2
ECO 433Monetary Economics II2
ECO 443Project Evaluation I2
ECO 453International Economics II2
ECO 475Agricultural Economics2
ECO 493Senior Seminar/Research Project I3


Year 4 Semester  2

Course CodeCourse TitleUnits
ECO 406Advanced Microeconomics II2
ECO 408Advanced Macroeconomics II2
ECO 426Econometrics IV2
ECO 444Project Evaluation II2
ECO 454Comparative Economic System2
ECO 474Economic Planning2
ECO 476Agricultural Economics II2
ECO 494Senior Seminar/Research Project II3

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