The Department of Economics is one of the four foundation departments of the the then Faculty of Social Sciences and Administration, which was established in 1977. The Department offers courses leading to a Bachelor of Science degree in Economics, a Master of Science in Economics, and PhD in Economics. In addition, we offer Post-graduate Diploma in Banking and Finance, as well as Master in Banking and Finance. Also, in collaboration with UDUCONS, the Department runs a Diploma in Banking and Finance. Looking back to the last four decades, the Department has recorded significant progress, both in terms of student intake and staffing. From only 3 students in 1981, the number of graduates rose to 6 in 1982; 117 in 1999; 120 in 2006; 140 in 2013; and 257 between 2018 and 2021. By the same token, the number of academic staff has equally registered significant improvement, rising from 3 at inception to 28 in 2018; 24 by 2019; and 26 by 2023. Out of the total of 27 members of staff, 13 are professors, all of them serving full-time, but two (2) died: one (1) on November 18th November, 2022, and the other on 27^th May, 2023. There are two (2) Readers, one (1) is visiting without pay, and two (3) Senior Lecturers one of whom is on secondment ad one (1) is visiting, while one (1) is on contract. As for the remaining members of academic staff (five of whom are on study leave), seven (7) of them are in the Lecturer I position, one (1) on Lecturer Il, and one Assistant Lecturer. Our members of staff have achieved both local and international recognition, making frequent contributions in their respective fields of endeavour, especially the Nigerian Economic Society, the TETFund annual National Research Fund competition, etc.

Administrative Structure

The Head of Department is the chief administrative officer and is usually appointed by the Vice Chancellor for a period of two years, but it is renewable at the discretion of the Vice Chancellor. In running the department, the Head is usually supported by a number of standing committees, which include but are not limited to the admissions committee, the promotions committee, and the DTLC committee, among others. Several ad hoc committees are also set up from time to time, as the situation may dictate. In addition, major tasks in the department are assigned to coordinators (officers) to support the Head of Department; they include the Examinations Officer, who handles all examination issues for undergraduate students. The postgraduate coordinator coordinates all activities of Academic Postgraduate programmes (M.Sc. and PhD). Our Master in Banking and Finance as a professional programme is coordinated by a different officer. We also have an officer coordinating our diploma programme under the UDUCONS.

 Accreditation Status

The department is currently enjoying full accreditation status arising from the 2019 accreditation exercise. 

Our Mission

To equip students with broad foundation in theory, research and applied economics, analytical and problem-solving capacities and building confidence to address challenges of economic development from both conventional and Islamic Economic perspectives.

Our Vision

To develop students’ critical judgment, their ability to observe, understand and synthesize data on socio-economic issues based on the principles of economic theory and the techniques of research that will enable them make useful contributions to the realization of the national development objectives.