Course Overview

The B.Sc. Economics programme offers a rigorous and intellectually stimulating exploration of how societies allocate resources, manage economic systems, and make critical decisions. It equips students with the analytical, quantitative, and communication skills necessary to understand and solve complex economic problems. Students gain a solid foundation in microeconomics, macroeconomics, development economics, and quantitative techniques, preparing them to analyze real-world issues such as inflation, unemployment, poverty, income distribution, globalization, and fiscal and monetary policy. The programme blends theoretical frameworks with practical application, positioning graduates for roles in policy, finance, research, and academia.

The Economics degree at Salem University is designed to develop a deep understanding of economic principles, data analysis, and critical thinking skills required for addressing contemporary global and national issues. With a curriculum structured to expose students to theoretical knowledge and practical problem-solving, it emphasizes local relevance, global perspective, and ethical leadership. Students are trained to use data and econometric tools to evaluate policy outcomes and forecast economic trends. The programme supports the development of competencies in research, communication, policy evaluation, and public and private sector consultancy.

Course detail

AWARD TITLE

B.Sc.

START DATE

September 2025

DURATION

4 years

STUDY MODE

Full-time

CAMPUS

Nigeria, Lokoja

Teaching and Learning

Learning Methods:

  • Interactive lectures and seminars

  • Group tutorials and discussions

  • Case studies and simulations

  • Hands-on sessions in statistical and econometrics labs

  • Independent research and critical analysis projects

  • Field visits and policy engagement activities

Assessment Structure:

  • Written examinations

  • Coursework and continuous assessments

  • Group and individual presentations

  • Essays and term papers

  • Problem sets and quantitative analysis tasks

  • Supervised research project in final year

Modules

  1. Principles of Economics: Introduces fundamental concepts of scarcity, resource allocation, and the basic principles of microeconomics and macroeconomics.
  2. Microeconomics: Analyzes individual consumer and firm behavior, market dynamics, production decisions, and resource pricing.
  3. Macroeconomics: Studies economy-wide phenomena such as inflation, unemployment, fiscal and monetary policy, and long-run growth.
  4. Mathematics for Economists: Provides quantitative skills using calculus, algebra, and optimization to solve economic models.
  5. Statistics and Econometrics: Covers statistical tools and econometric techniques for analyzing and forecasting economic data.
  6. History and Structure of the Nigerian Economy: Explores economic transformations in Nigeria, sectoral contributions, and policy development.
  7. Development Economics: Examines development theories, poverty alleviation, planning strategies, and growth policies in emerging economies.
  8. Public Sector Economics: Discusses taxation, public expenditure, budgeting, and the economics of public goods and government intervention.
  9. International Economics: Analyzes trade theory, international finance, exchange rates, and global economic institutions.
  10. Monetary Economics: Focuses on money supply, banking systems, inflation control, and the design and effect of monetary policy.
  11. Industrial and Labour Economics: Investigates labor market behavior, wage determination, industrial structure, and employment policies.
  12. Environmental and Energy Economics: Evaluates environmental impact, resource management, and energy economics from a sustainability lens.
  13. Comparative Economic Systems: Compares capitalism, socialism, and mixed economies in terms of structure, performance, and policy impact.

Career

Graduates of the B.Sc. Economics programme are equipped for diverse and rewarding career options in both the public and private sectors, including:

  • Economic Analyst

  • Policy Advisor

  • Financial Analyst

  • Development Consultant

  • Central or Commercial Banker

  • Investment Analyst

  • Government Statistician

  • Economic Researcher

  • International Trade Officer

  • NGO Programme Officer

Entry Requirements

  • Five (5) O’Level credit passes in not more than two sittings in relevant subjects including Mathematics, English, Economics, and two other social science or science subjects.

  • Candidates must have a satisfactory score in the Unified Tertiary Matriculation Examination (UTME).

  • Direct entry into 200 level is available for candidates with relevant A-level passes, ND, NCE, or equivalent qualifications.

Candidates applying for admission into 100 level undergraduate programmes must possess a minimum of five (5) ‘O’ level credit passes at not more than two (2) sittings in WASC, GCE, NECO or its equivalent. Awaiting result is also accepted.

  1. JAMB UTME result print-out.
  2. SSCE/NECO Result (Awaiting Result Accepted).
  3. Two Passport Photographs.
  4. A Letter of Sponsorship, stating the commitment to pay the prescribed fees.
  5. National Identification Number (NIN)
  6. A Reference Letter from a spiritual mentor, vouching for your character

Candidates applying for Direct Entry into 200 level must possess the following

  1. Jamb direct entry form
  2. A/L, IJMB, OND or NCE in the relevant courses.
  3. SSCE/NECO Result (Awaiting Result Accepted)
  4. Two Passport Photographs.
  5. A Letter of Sponsorship, stating the commitment to pay the prescribed fees.
  6. National Identification Number (NIN)
  7. A Reference Letter from a spiritual mentor, vouching for your character.

Fees and Funding

The course fees you’ll pay and the funding available to you depends on factors such as your nationality, location, personal circumstances and the course you are studying. Visit the links below to find the Undergraduate section.

 
More information

Find out about grants, bursaries, scholarships and living costs in our undergraduate taught fees and funding section.

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