Bachelor of Science Honors Degree in Economics and Development

Bachelor of Science Honors Degree in Economics and Development (HECD)

Module Code	Module Name	Description
ECD101	Principles of Microeconomics	This module intends to give students awareness on the operation of Microeconomics: which deals with the economic behaviour of households, individuals, firms, or a particular market. It introduces students to the economic way of thinking which recognises that economic agents must make trade-offs which involve costs between competing alternative uses of scarce resources.
ECD103	Mathematics for Economics	The module is an applications-oriented which provides basic mathematical tools for understanding economics at both micro and macro level. Economists make mathematical tools and models in simplifying seemingly complex theories and ideas. This module introduces basic mathematical tools that are frequently used in economic analysis. The module is designed to explain the basic mathematical concepts in a more intuitive and applied way.
ECD102	Descriptive Statistics & Probability Models in Economics	The module introduces students to a range of statistical ideas and techniques especially the basic skills required for preparing and analysing statistical data. The module aims to develop an understanding of how to work with data and how to use data to describe economic phenomena.
ECD104	Principles of Macroeconomics	This module seeks to introduce macroeconomics, the study of the behaviour of overall economy as opposed to the behaviour of individuals, firms, or a particular market.
ECD105	Sampling Theory & Statistical Inference in Economics	This is the second component of economic statistics module and the module entirely depends on the concepts already covered in the first semester in that it wholly applies probability tools to objective decision making.
ECD106	Mathematics for Economic Analysis	This module improves the student’s understanding of economic theory and application of mathematical techniques and tools to microeconomic and macroeconomics concepts. The module provides some of the necessary mathematical tools for higher level modules in economics. The module seeks to give students a basic knowledge of mathematical tools and techniques required in most of the fields of economics.
IDBS101	Information and Digital Skills	The module is designed for all first-year undergraduate students. The module shall empower students to have knowledge of various information sources, search, retrieve, evaluate, process, and apply information resources in university learning using appropriate technology. The students shall learn and demonstrate how to apply effective search strategies in different technological environments and electronic resources. Students will be expected to demonstrate the ethical and fair use of information resources (plagiarism and referencing). Finally, the students will learn how to integrate 21st-century technologies, eResources and eLearning system into university learning and business.
SDLSBE101	Student Development and life Skills	This module aims to equip students with essential personal, interpersonal, and professional skills necessary for holistic development and success in academic and professional settings. It covers topics such as time management, effective communication, problem-solving, leadership, teamwork, emotional intelligence, and stress management. The module also addresses career planning, ethical decision-making, financial literacy, and strategies for maintaining physical and mental well-being. By the end of the module, students will have enhanced their self-awareness, resilience, and life skills, enabling them to navigate challenges, engage productively in society, and achieve personal and professional goals.
LAICBM100	Language Acquisition and Inter- Cultural communication	This module explores the processes of language acquisition and development, with a focus on first and second language learning. It examines linguistic structures, cognitive processes, and sociocultural factors influencing language learning. Additionally, the module addresses the principles and practices of inter-cultural communication, highlighting how culture affects language use, communication styles, and understanding across diverse cultural contexts. Students will develop practical skills for effective communication in multicultural environments, including strategies for overcoming language barriers and fostering intercultural competence in professional and social settings.
ECD201	Applied Statistics	Applied Statistics is a module designed to equip students with a solid and up-to-date foundation in data analysis tools. The field of applied statistics is central to the training of an economist as it outlines the use of statistical tools in policy formulation and implementation.
ECD202	Fundamentals of Econometrics	Fundamentals of Econometrics is a foundation module that introduces the student to basic econometric modelling. The module emphasizes the use of linear regression model on analysing economic relationships. Students are introduced to specific issues of model specification, estimation, and inferences.
ECD203	International Trade Theory and Policy	The module is divided into two parts: international trade theory and international trade policy. International trade theory covers the reasons for trade and explanation of trade patterns and the gains accruing from trade or from restricting trade.
ECD204	Intermediate Macroeconomics	This module is an intermediate module in macroeconomics that seeks to introduce students to the building blocks of intertemporal aspects of consumption; savings, investment and government sector. The module explores how output is determined in both the closed and open economy.
ECD205	Applied Mathematics for Economists	The principal aim of the module is to expose students to how mathematics can be used to sharpen and clarify economic analysis. The module is offered to students with a basic grounding in mathematics for economists as it extensively uses graphical analysis and mathematical models.
ECD206	Intermediate Microeconomics	This module builds on the microeconomic principles studied in the first year Principles of Microeconomics module and provides an analysis of the way in which the market system functions as a mechanism for coordinating the independent choices of individual economic agents.
ECD301	Microeconomic Theory and Practice	This module introduces students to advanced microeconomics and seeks to deepen students’ understanding of basic concepts, add further tools of analysis and develop their skills in applying theory to economic problems. The module is designed for students to gain an appreciation of the value of economic reasoning and to develop the fundamental economic analytical skills critical in solving economic problems.
ECD303	Applied Econometrics	This module is designed to equip students with a solid and up-to-date foundation in modern applied econometrics. It extends the students’ knowledge of economic theory gained in the Fundamentals of Econometrics to real world applications.
ECD304	Economics of Decentralization	The module introduces students to the concept of decentralization and its measurement including the types and forms it take. The rationale and risks associated with the adoption and implementation of decentralization are also highlighted in the module.
ECD380	Work Related Learning	This will be directed work integrated learning (WIL) with specific deliverables and outcomes. This will be based on one or a combination of models that the university has adopted for industrial training.
SDLSBE301	Student Development and life Skills	This module aims to equip students with essential personal, interpersonal, and professional skills necessary for holistic development and success in academic and professional settings. It covers topics such as time management, effective communication, problem-solving, leadership, teamwork, emotional intelligence, and stress management. The module also addresses career planning, ethical decision-making, financial literacy, and strategies for maintaining physical and mental well-being. By the end of the module, students will have enhanced their self-awareness, resilience, and life skills, enabling them to navigate challenges, engage productively in society, and achieve personal and professional goals.
ECD402	Development Economics	This objective of this module is to familiarize students with the concept of development and the various ways of measuring it as well as to make them understand and be in a position to apply the main theories and models of economic growth and development.
ECD404	Agricultural Economic Development	The module provides students with a basic understanding of the role of agriculture in development and the study of alternatives for accelerating agricultural development. It focuses first on development theories and the general problems of overall growth and development.
ECD403	International Economics and Finance	The aim of this module is to enable students have an understanding of the dynamics taking place in the global trade and finance and stimulate their innovative capacity to identify opportunities and challenges faced in global trade and proffer solutions to such international economic challenges in appropriate context.
ECD401	Public Finance Economics	This module seeks to equip students with a theoretical understanding of the basic functions of the public sector and to develop the skills appropriate to the economic analysis of the role and effects of government intervention in the market.
ECD406	Development Finance	The main objective of this module is to introduce students to development finance and its purpose. The module covers the current trends in development finance and then outlines why the global financial architect needs to be reformed if developing countries particularly in Africa are to attain the agreed Sustainable Development Goals targets.
ECD407	Agricultural Economic Policy	This module provides students with an introduction to agricultural economic policy analysis. It gives an appreciation of how governments formulate and actively implement agricultural policy in order to influence the level and direction of agricultural production.
ECD405	Monetary Economics	The module seeks to equip students with a theoretical understanding of the basic functions of the monetary or financial sector and to develop the skills appropriate to the economic analysis of the role and effects of Central Bank intervention in the market.
ECD460	Project	The project will be based on the core business of the programme and will offer students an opportunity to apply gained theoretical economics knowledge on complex development economic problems.
ECD302	Macroeconomic Theory and Policy	This module aims to build on the knowledge that the students already gained from Intermediate Macroeconomics. The module seeks to equip the students with the skills to apply in developing macroeconomic policies that address national macroeconomic problems.
ECD305	Local Economic Development	The module will provide students with an opportunity to learn about the meaning and historical evolution of Local Economic Development (LED) ideas. It will also give them an opportunity to learn about approaches to LED and highlighting various past and present LED experiences from across Africa and other parts of the world.
ECD306	Social Economics	The module seeks to give students a deeper understanding of Social Development (improving the well-being of every individual in the economy) and equip them with theoretical and analytical issues concerning Social Development Policy.
SDLSBE401	Student Development and life Skills	This module aims to equip students with essential personal, interpersonal, and professional skills necessary for holistic development and success in academic and professional settings. It covers topics such as time management, effective communication, problem-solving, leadership, teamwork, emotional intelligence, and stress management. The module also addresses career planning, ethical decision-making, financial literacy, and strategies for maintaining physical and mental well-being. By the end of the module, students will have enhanced their self-awareness, resilience, and life skills, enabling them to navigate challenges, engage productively in society, and achieve personal and professional goals.
EPECPBE301	Entrepreneurship, Professional Ethics,Communication and Philosophy	This module introduces students to the fundamental principles of entrepreneurship, professional ethics, communication, and philosophy as they relate to personal, professional, and societal development. It equips learners with entrepreneurial thinking and innovation skills while fostering ethical awareness, critical reasoning, and effective communication in diverse organisational and social contexts. The module explores ethical decision-making, professional conduct, philosophical foundations of knowledge and values, and the role of communication in leadership, teamwork, and enterprise development. Through participatory and reflective learning approaches, students develop problem-solving abilities, moral responsibility, critical thinking, and communication competence necessary for ethical entrepreneurship, responsible citizenship, and professional practice in a dynamic and globalised environment.