Economics - edwinclarkuniversity

Dr. E. D. Oboro is an Environmental, International and Monetary Economist, He hails from Evwreni town in Ughelli North Local Government Area of Delta State. An Acting Head of Department (HOD) and Lecturer in the Department of Economics, Faculty of Humanities, Social and Management Sciences, Edwin Clark University, Kiagbodo Delta State. He holds a Bachelor of Science (B.Sc) Degree in Economics from Ahmadu Bello University, Zaria; a Master of Science ( M.Sc) Degree in Economics, and a Doctor of Philosophy (Ph.D.) Degree in Economics from Delta State University, Abraka, with excellent research skills and teaching experience in Microeconomics, Macroeconomics, Principles of Economics, Introductory Statistics for Economists, Introductory Mathematics for Economists, Quantitative Methods, Econometrics, Development Economics, Public Sector Economics, Transportation Economics, Labour Economics, Public Finance, Political Economy of Development, Urban and Regional Economics, International Economics, Monetary Economics (theories and application), Environmental Economics, Agricultural Economics, Economics of Production and Industry, Economics of Petroleum Resources and Energy, Environment and Sustainable Development.

He has authored and co-authored several textbooks to his credit in Environmental Economics. He has also written and published over ten articles in learned journals. He has supervised over five undergraduate students.

2.1. BRIEF HISTORY OF THE DEPARTMENT

The Department of Economics at Edwin Clark University is one of the founding Disciplines in the Faculty of Humanities, Social and Management Sciences, which came into being at the inception of the University on May 07, 2015.

At inception in 2015, Dr. Peter Chika UZOMBA was appointed the Co-ordinator of the Department, and he piloted the activities of the Department until September 2019, when he handed over to Dr. Felix AMABIENIMIGHA as the Co-ordinator of the Department. Dr. Felix Amabienimigha coordinated the Department from September 2019 to February 2020, when he handed over to Dr. M. A. ONODJE as the Head of Department.

In February 2020, Dr. M. A. Onodje was appointed Head of the Department until September 2022, when he handed over to Dr. Emmanuel David OBORO as the Acting Head of the Department of Economics, and Dr. Oboro continued to pilot the activities of the Department to date. In terms of staffing, the Department has grown to standard. The Department has continued to operate a B.Sc Economics programme, which has continued to grow in strength in terms of teaching and non-teaching staff and student population.

As of the 2022/2023 academic session, the Department of Economics has graduated over Twenty- three (23) students. The Department has gain full accreditation.

2.2. VISION STATEMENT OF THE DEPARTMENT

In pursuance of the University-wide Vision, Department of Economics at Edwin Clark University envisions the programme of Economics to prepare students to be top-class individuals in the pursuit of knowledge, enable them address real world problems and deliver practical policy solutions to emerging issues in the rapidly evolving global environment of Nigeria and the world, through insightful and empowered leadership skills that are attuned to being job providers rather job seekers in the competitive markets.

2.3. MISSION STATEMENT OF THE DEPARTMENT

The Department of Economics at Edwin Clark University is driven by the mission to provide academic leadership and practical knowledge to prepare students for the task of contemporary challenges in the society. This is done through offering thought provoking courses that stand the test of emerging economic, industrial and societal challenges. The scope of operations of the Department details all the structures put in place in order to carry out routine assignments by both academic and non-academic staff, for the purpose of achieving the objectives of the Department.

2.4. PHILOSOPHY OF THE DEPARTMENT/UNIQUENESS

Economics is a social science that studies the behaviours of humans in unit and groups. Economics is distinguished from other social sciences by its primary concern with the study of the accumulation and allocation of scarce resources. Given this concern, the philosophy and mission statement underlying the Economics programmes at Edwin Clark University, Kiagbodo, is to produce graduates equipped with critical skills and abilities to: abstract using simplified models that identify the essence of a problem; analyze and reason both deductively and inductively; marshal evidence, assimilate structure and analyze qualitative and quantitative data; communicate concisely the results to a wide audience including those with no training in Economics; think critically about the limits of one’s analysis in broader socioeconomic context; and draw economic policy inferences as well as recognize the potential constraints in their implementations; appreciate the conceptual and analytical issues in the programmes and related areas within and outside the Faculty.

2.5. PROGRAMME OF THE DEPARTMENT

The Department of Economics at Edwin Clark University confers on students at the completion of a four-year course, Bachelors of Science (B.Sc.) Economics. To this end, the Department runs and maintains a single programme, which is B.Sc. Economics. To do this within the framework of societal relevance, the following are the specific objectives of the Department.

2.5.1. OBJECTIVES OF THE DEPARTMENT

In line with the philosophy of the Degree Programme, the following are the guiding objectives:

Provide appropriate training in the principles of Economics and their application in solving real world problems as concerned with single and combined studies;

Stimulate students intellectually through the study of Economics and to lead them to appreciate the application to a range of problems and its relevance in a variety of contexts;

Provide a firm foundation of knowledge about the workings of an economy and to develop the relevant skills for the constructive use of that knowledge in a range of settings;

Develop in students the ability to apply the analytical tools, knowledge and skills acquired to the solution of societies’ economic problems;

Equip students with appropriate tools of analysis to tackle issues and problems of economic policies;

Develop in students, through the study of economics, a range of transferable skills that will be of value in employment and self-employment;

Provide students with analytical skills and the ability to develop simplified frameworks for studying the real world;

Provide students with the knowledge and skill base, from which they can proceed to further studies in Economics, related areas or inter-disciplinary areas that involve Economics;

Generate in students an appropriation of the economic dimensions of wider social and political issues;

Develop and improve the student’s understanding of the social and economic problems at the various stages of development of the Nigerian Society;

Train highly informed and enlightened manpower for social and economic development and self-reliant; and

Stimulate a broad interest in the discipline and create a critical awareness among Nigerians of the causes of contemporary economic problems particularly those affecting their material well-being and the options open to use as a people.

2.5.2. VISION AND MISSION OF THE PROGRAMME

The vision statement focuses on producing world class individuals who will be able to solve the problem of mankind through the application of economic precepts, knowledge and skills in solving issues that limit the operations of mankind.

3.0. ADMISSION AND GRADUATION REQUIREMENTS FOR B.Sc. ECONOMICS

3.1. University Tertiary Matriculation Examination (UTME)

Candidates for admission into a four-year degree in Economics should possess a ‘O’ Level Result of Senior Secondary School Certificate or its equivalents with at least five credit passes, at not more than two sittings including Mathematics, English Language and Economics. In addition, candidates must have acceptable passes in UTME.

3.2. Direct Entry

Direct Entry candidates must obtain the professional Diploma in related disciplines such as Accountancy, Business Administration, Finance and Banking, Marketing, Management from any Recognised Polytechnic or University approved by the Senate of the Institution with not less than a GPA of 3.0. In addition, candidates for Direct Entry admission shall possess five Credits in ‘O’ Level Result of SSCE or its equivalents, of which at least two shall be at Advanced Level, provided that such passes are not counted at both levels of the examination. For emphasis, credit passes in English Language, Mathematics and Economics are required.

17. UNDERGRADUATE PROGRAMME COURSES OFFERED BY LEVEL AND SEMESTER

The following courses have been designed to reflect the practical application of Economic theories, principles and concepts for the graduates to be self-reliant and job creators in Nigeria where graduate unemployment has become the order of the day.

Undergraduate Programme (Semester Course Structure)

YEAR I: FIRST SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 101	Principles of Economics I	3	Core	45
2.	ECO 102	Introductory Mathematics for Economists I	3	Core	45
3.	ACC 101	Principles of Accounting I	2	Core	30
4.	MGT 102	Introduction to Business I	2	Core	30
5.	GEO 101	Introduction to Geography	2	Core	30
6.	POL 101	Introduction to Political Science	2	Core	30
7.	SOC 101	Introduction to Sociology	2	Core	30
8.	PSY 101	Introduction to Psychology	2	Core	30
9.	GST 101	Communication in English I	2	Core	30
10.	GST 102	Use of Library, Study Skills and ICT	2	Core	30
11.	GST 103	Logic, Philosophy and Human Existence	2	Core	30
Total			24	Core

LH – Lecture Hours per Semester

YEAR I: SECOND SEMESTER

S/N	Course Code	Course Title	Credit Units	Status	LH
1.	ECO 111	Principles of Economics II	3	Core	45
2.	ECO 112	Introductory Mathematics for Economists II	3	Core	45
3.	ECO 113	Introductory Statistics for Economists	3	Core	45
4.	ACC 111	Principles of Accounting II	2	Core	30
5.	MGT 112	Introduction to Business II	2	Core	30
6.	GST 111	Communication in English II	2	Core	30
7.	GST 112	Nigerian Peoples and Culture	2	Core	30
8.	GST 113	History and Philosophy of Science	2	Core	30
9.	GST 114	Introduction to Computer Science	2	Core	30
TOTAL			21	Core
Total Credit Units for Year One 1^st and 2^nd Semesters			45	Core
LH – Lecture Hours per Semester Elective Course: This elective is an optional one; so students must not necessarily offer it; but if they do, it will be audited in the computation of their final result. 10. GST 115: Basic Communication in French 2

YEAR II: FIRST SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 201	Introduction to Microeconomics I	3	Core	45
2.	ECO 202	Introduction to Macroeconomics I	3	Core	45
3.	ECO 203	History and Structure of the Nigerian Economy I	2	Core	30
4.	ECO 204	History of Economic Thought I	2	Core	30
5.	ECO 205	Applied Statistical Methods and Sources (Descriptive and Inferential Statistics)	2	Core	30
6.	ECO 206	Labour Economics	2	Core	30
7.	ECO 207	Health Economics	2	Core	30
8.	ACC 211	Financial Accounting I	2	Core	30
9.	GST 201	Environment and Sustainable Development	2	Core	30
Total			20	Core

LH – Lecture Hours per Semester

Elective Courses: Students are required to choose any one of the following elective courses

ECO 208 Transportation Economics 2

POL 203 Introduction to International Relations 3

MGT 201 Principles of Management I 2

GST 203 Introduction to Leadership Skills 2

BFN 201 Principles of Finance I 2

MKT 201 Principles of Marketing 2

YEAR II: SECOND SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 211	Introduction to Microeconomics II	3	Core	45
2.	ECO 212	Introduction to Macroeconomics II	3	Core	45
3.	ECO 213	History and Structure of the Nigerian Economy II	2	Core	30
4.	ECO 214	History of Economic Thought II	2	Core	30
5.	ECO 215	Political Economy of Development	2	Core	30
6.	ECO 216	Public Finance I	2	Core	30
7.	ECO 217	Economic History of World Economies	2	Core	30
8.	ECO 218	Mathematical Methods for Economists (Introduction to Differential Equations)	2	Core	30
9.	GST 211	Introduction to Entrepreneurship	2	Core	30
Total			18	Core
Total Credit Units for Year Two 1^st and 2^nd Semesters			38	Core

LH – Lecture Hours per Semester

Elective Courses: Students are required to choose one of the following elective courses

ECO 219 Urban and Regional Economics 2

MKT 211 Principles of Marketing II 2

MGT 211 Principles of Management II 2

GST 212 Peace Studies and Conflict Resolution 2

ACC 212 Introduction to Cost and Management Accounting 2

BFN 211 Principles of Finance 2

YEAR III: FIRST SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 301	Intermediate Microeconomic Theory I	2	Core	30
2.	ECO 302	Intermediate Macroeconomics Theory I	2	Core	30
3.	ECO 303	Economics of Development	2	Core	30
4.	ECO 304	Introductory Econometrics I	2	Core	30
5.	ECO 305	International Economics I	2	Core	30
6.	ECO 306	Public Finance II	2	Core	30
7.	ECO 307	Monetary Economics I (Theories and Policies)	2	Core	30
8.	ECO 308	Intermediate Mathematics for Economists	2	Core	30
9.	GST 301	Entrepreneurial Development Programme	2	Core	30
Total			18	Core

LH – Lecture Hours per Semester

Elective Courses: Students are required to choose any one of the following elective courses

ECO 309 Agricultural Economics 2

ACC 301 Corporate Accounting I 2

YEAR III: SECOND SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 311	Intermediate Microeconomic Theory II	2	Core	30
2.	ECO 312	Intermediate Macroeconomic Theory II	2		30
3.	ECO 313	Public Sector Economics	2		30
4.	ECO 314	Introductory Econometrics II	2		30
5.	ECO 315	International Economics II	2		30
6.	ECO 316	Research Methodology & Seminar Presentation	2		30
7.	ECO 317	Money and Banking	2		30
8.	ECO 318	Operations Research	2		30
9.	ECO 319	Environmental Economics	2		30
10.	ECO 310	Financial Institutions	2		30
Total			20	Core
Total Credit Units for Year Three 1^st and 2^nd Semesters			38	Core

LH – Lecture Hours per Semester

Elective Courses: Students are required to choose any one of the following elective courses

ECO 321 Economics of Petroleum Recourses and Energy 2

CSC 319 Data Structure and Management for Economic Analysis 2

BFN 315 Financial Management 2

BFN 312 Banking Methods and Process 2

ACC 311 Corporate Accounting II 2

YEAR IV: FIRST SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 401	Advanced Microeconomic Theory I	2	Core	30
2.	ECO 402	Advanced Macroeconomic Theory I	2	Core	30
3.	ECO 403	Project Management and Evaluation	2	Core	30
4.	ECO 404	Advanced Econometrics and Applied Research Methods	2	Core	30
5.	ECO 405	Advanced Statistical Methods	2	Core	30
6.	ECO 406	Economics of Production and Industry	2	Core	30
7.	ECO 407	Human Resource Economics	2	Core	30
8.	ECO 408	Advanced Mathematics for Economists	2	Core	30
9.	ECO 409	Managerial Economics	2	Core	30
Total			18	Core

LH – Lecture Hours per Semester

Optional Elective Courses: Students are required to choose any one of the following elective courses

ECO 410: Petroleum and Energy Economics 2

SOC 406: Industrial Relations and Personnel Management / Industrial Sociology 2

BFN 403: Bank Lending and Loan Administration 2

YEAR IV: SECOND SEMESTER

S/N	Course Code	Course Title	Credit Unit	Status	LH
1.	ECO 411	Advanced Microeconomic Theory II	2	Core	30
2.	ECO 412	Advanced Macroeconomic Theory II	2	Core	30
3.	ECO 413	Comparative Economic Systems	2	Core	30
4.	ECO 414	Theories and Practice of Economic Policies	2	Core	30
5.	ECO 415	Problems and Policies of Development	2	Core	30
6.	ECO 416	Economic Planning	2	Core	30
7.	ECO 417	Taxation and Fiscal Policy	2	Core	30
8.	ECO 418	Research Project / Original Essay	6	Core	90
Total			20	Core
Total Credit Unit Year Three 1^st and 2^nd Semesters			38	Core

LH – Lecture Hours per Semester

Optional Elective Course: Students are required to choose any one of the following elective courses

ECO 419: Advanced Econometrics 2

BFN 414: Banking Laws and Regulations 2

Note:

(a)Core = Compulsory Courses

(b) Chosen elective course(s) is/are to be approved by the student’s course adviser.

EDWIN CLARK UNIVERSITY

EDWIN CLARK UNIVERSITY