Department of Economics, Obafemi Awolowo Univeristy, Ile-ife

The Department of Economics was established in October 1962 at the inception of the University of Ife, now Obafemi Awolowo University, Ile-Ife, Nigeria. It is no doubt, one of the leading departments of Economics in Nigeria and indeed in Africa. It has over the years trained thousands of high caliber graduates who are serving the global economy in various notable and enviable positions in strategic sectors.

In the context of the contemporary explosion of knowledge and unprecedented developments in the global economy, university education can only contribute to national development through dissemination of specialized knowledge and skills. This is the objective of the department, which is portrayed in the department’s motto “Towards the making of informed economists”.

The Department offers B. Sc. Soc. Sc. (Economics) degree programme. The objectives of the degree programme are:

To train economists, who through the acquisition of economic principles and application of same, can analyze economic problems, with a view to coming up with alternative policy suggestions and their various implications

To train economists who are not just familiar with received economic theories, but who are also conscious of the limitations of those theories as they relate to an underdeveloped economic setting like that of Nigeria.

To train economists who can design and formulate economic policies in the light of (2) above, which are socially relevant to Nigerian economic situation.

To train economists who are through familiar with the Nigerian economic scene and its relation to the international economic environment