Department of Economics

Overview

The Department of Economics at FUADSI is committed to advancing knowledge in economic theory, policy, and applied research to address contemporary challenges in national and global economies. The department provides a dynamic learning environment that blends rigorous academic training with practical applications, preparing graduates to analyze, interpret, and solve complex economic problems.

Our curriculum emphasizes critical thinking, quantitative analysis, and policy evaluation, equipping students with the tools to understand market dynamics, resource allocation, and economic development. Through teaching, research, and community engagement, the department contributes to sustainable economic growth and informed decision-making in both public and private sectors.

Students benefit from modern facilities, access to economic data platforms, and exposure to real-world case studies. The department fosters innovation and entrepreneurship, ensuring graduates are competitive in diverse fields such as finance, public policy, international trade, and development economics.

Philosophy

The philosophy of the Department of Economics is rooted in the belief that sound economic knowledge is essential for sustainable development and societal progress. The department seeks to produce graduates who can apply economic principles to solve real-world problems, influence policy, and drive innovation in business and governance.

Objectives

• To provide students with a solid foundation in microeconomics, macroeconomics, and quantitative methods.
• To develop analytical and problem-solving skills for economic research and policy formulation.
• To equip students with practical knowledge for careers in finance, government, and international organizations.
• To promote interdisciplinary approaches to addressing economic and social challenges.
• To foster ethical and professional standards in economic practice and research.

Admission Requirements

UTME Entry: Candidates must possess at least five (5) credit passes in English Language, Mathematics, Economics, and any two relevant subjects (such as Government, Geography, or Accounting) at SSCE, GCE, or NECO level, obtained in not more than two sittings. UTME subjects typically include English Language, Economics, Mathematics, and one other social science subject.

Direct Entry: Applicants seeking Direct Entry admission must possess two (2) A-Level passes in Economics and one other relevant subject. Candidates with OND, NCE, or HND in related disciplines with at least Upper Credit may be considered for admission into 200 or 300 level, depending on qualifications and programme equivalence.

Career Opportunities

Graduates of the Department of Economics are well prepared for careers in:

• Economic Analysis and Policy
• Banking and Finance
• International Trade and Development
• Public Sector Administration
• Research Institutions and Think Tanks
• Consulting and Entrepreneurship

They are also equipped to pursue postgraduate studies and contribute to national and global development through research, policy, and innovation.

Available Programme

• B.Sc. Economics
  This programme provides a comprehensive foundation in economic theory, quantitative methods, and applied economics, preparing graduates for careers in both private and public sectors.