Project Description


The philosophy of Economics concerns itself with conceptual, methodological, and ethical issues that arise within the scientific discipline of economics. The primary focus is on issues of methodology and epistemology – The methods, concepts, and theory through which economists attempts to arrive at knowledge about economic process. Philosophy of economics is also concerned with the ways in which ethical values are involved in economic reasoning – the value of human welfare, social justice, and the tradeoffs among priorities that economic choices require.

Above all, the philosophy underlying the course of economics as a social science is to produce a flow of graduates imbued with an enthusiasm to make their contributions to Nigeria, Africa and World community by equipping themselves with a broad foundation of knowledge in the field of economics. The subject matter of economics is the study of mankind in everyday business of life (Afred Marshall, 1936) Economics has centered its attention on the activities of man as a consumer, producer, and distributor of goods and services and to an extent as a voter.

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  • VISION – In line with Hezekiah University, The vision of the department is based on achieving high standards of academic performance with good morals, to provide quality education to students, equip students with knowledge and skills in their chosen stream and to provide opportunities for students to realize their full potential and thus shape them into future leaders to address the emerging global challenges and to deal with economic, social and business realities.
  • MISSION – The mission of the Department of Economics is based on imparting the highest quality instruction to our undergraduate and graduate students and to train students in the methods and ideas of modern theoretical and applied economics.
  • AIM & OBJECTIVE – The main objective of Department of Economics is to produce graduates who are able to assist in the solution of societal problems. The specific objectives are to:

    1. Develop and improve students’ understanding of Economics at various stages of development.
    2. Develop the students’ critical judgment, their ability to observe, understand, analyse and synthesize data on socio-economic problems using economic methods and technologies.
    3. Produce appropriate environment that enables the students to raise their level of creativity and promote the spirit of self-reliance.
    4. Create an atmosphere for desirable behavioral changes which would help to develop values that are in consonance with the national objectives such as hard work, probity, commitment, patriotism and discipline.
    5. Isolate relationships among observable data which will provide an explanation of various events and facilitate predictions of the reactions which are likely to occur in response to change in particular data.

    These principles guide empirical research in explaining actual behavior in the economy and in providing basis for economic policy.

  • Career Placement – Economics Programme involves theory, quantitative methods and policy analysis and is designed to equip the students for a variety of positions. Graduates of economics are found in various fields of human endeavour, both in the public and private sectors of the economy. A growing number of economists serve as adviser, Administrative personnel officers, Public Relations Officers, Social Workers, Investment Executives, Lecturers, Research Specialists in all levels of Government, in university and private research organisations.

    Above all, our graduates are equiped to pursue graduate programme in economics and business administration to become certified accountants and economists.

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The Degree Programmes shall be based on the following courses throughout the the four(4) years:

First Semester (Core, Required and Elective Courses)

100 level 200 level 300 level 400 level
Principles of Economics I Structure of Nigerian Economy Intermediate Macroeconomics Advanced Macroeconomics I
Basic Mathematics I Introduction to Economic Statistics Intermediate Microeconomics Advanced Microeconomics I
Introduction to Computer Mathematics for Economists I Introduction to Econometrics Advanced Econometrics
Principles of Accounting I Macroeconomics History of Economic Thought I Taxation and Fiscal Policy
Communication in English Microeconomics International Economics I Project Evaluation
Nigerian Peoples and Culture Financial Accounting and Reporting Public Sector Economics Comparative Economic System
Logic and Human Existence Peace and Conflict Resolutions Public Policy I Petroleum Economics
Library Studies, Skills and ICT Entrepreneurship and Innovative Skills Political Economy Industrial Relations and Personnel Management
Introduction to Sociology Basic Communication in Igbo Operations Research
Introduction to Business Financial Institutions Quantitative Techniques
Introduction to Political Science I Urban and Regional Economics Development Economics
Introduction to Political Science I Human Resources Management

Second Semester (Core, Required and Elective Courses)

100 level 200 level 300 level 400 level
Principles of Economics II Macroeconomics II International Economics II Advanced Macroeconomics
Principles of Accounting II Microeconomics II Intermediate Macroeconomics II Advanced Microeconomics
Basic Mathematics II Introduction to Economic Statistics II Intermediate Microeconomics II Economic Planning
Communication in English Mathematics for Economists II Economic History Project Evaluation
Environment and Sustainable Development Structure of Nigerian Economy II Applied Economic Statistics Economics of Production
Introduction to Finance Entrepreneurship History of Economic Thought II Research Project
Introduction to Psychology Leadership Skills Applied Monetary Economics Problems and Policies of Development
Introduction to Business II Labour Economics Research Methods
Basic Communication in French Cos and Management Accounting Public Policy II
Introduction to Political Science II Managerial Economics Public Finance
Monetary Economics
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Admission Requirements

A candidate seeking admission to run B.Scprogrammein Economics has to satisfy both university minimum entry requirements and departmental requirements. The basic entry requirements into Department of Economics are clearly spelt out by the NUC and further elaborated in Hezekiah University General Academic Regulation and Rules. Admission is usually through University Tertiary Matriculation Examination (UTME), Joint University Preliminary Examination Board(JUPEB), Direct Entry, Inter University Transfer and Inter-Departmental Transfer

For admission through UTME, candidates must possess five O’level credits in SSCE, GCE, NECO or their equivalent. These credits must include English Language, Mathematics, Economics and any other two subjects in not more than two sittings.

UTME subjects must includeEconomics,Mathematics and any of Government, History, Geography, English Literature, French,and Christian Religious Knowledge. In addition, the candidate must have acceptable scores in the Unified Tertiary Matriculation Examination(UTME).

Candidates for Direct Entry admission in addition to satisfying the above-mentioned basic requirements mustpossess at least two “A” level passes in Economics and any one of Mathematics, Statistics, Geography, Physics, Chemistry, Agric. Science, Accountancy, Business Management, History and Government or any of the following qualifications: NCE from a recognized college of Education, ND or HND from recognized Polytechnics,B.Sc. from recognized university.

Candidate with JUPEB must possess minimum of 5 credits at minimum of two sittings in at least 5 subjects (English language inclusive) relevant to the Economics Department which forms the basis for the candidate’s admission into Joint University Preliminary Examination Board (JUPEB) Programme. The candidate must have undertaken JUPEB foundation courses relevant to the department such as Economics, Accounting, Business Studies and Government in a minimum of an academic session of two semesters. The candidate must successfully meet up with the acceptable score/pass for the admission into the department as specified by the university and JUPEB regulations

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Joseph Odoemena
Joseph OdoemenaAg. HOD Economics

The Economics Department offers courses leading to the award of a B.Sc Degree in Economics. The basic thrust of the programme is to equip the students with the required capacity for economic analysis and policy making through rigorous instructions in theories, quantitative analysis, research and public policy applications.

With a positive mind, the HOD of Economics Department welcome everyone, far and wide into the department that has the mechanism to make a change in the society


Dr. Agugua
Dr. Agugua
Mrs. J. Okereke
Mrs. J. Okereke
Mrs. Uju Okoli
Mrs. Uju Okoli

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