2nd Year Courses

ECO 201: Microeconomic Theory 1

Introduction to microeconomics Problem of scarce resources Allocation of resources in product and factor markets — with applications to Nigeria and other economies Supply and...

ECO 202: Microeconomic Theory II

Production theory Cost theory and cost curves Pricing of production factors Pricing and output decisions under: Perfect competition Monopoly Oligopoly Monopolistic competition Duopoly Duopsony Monopsony...

ECO 203: Macroeconomic Theory I

Introduction to macroeconomics Goals of macroeconomic analysis National income accounting Alternative approaches to Gross National Product (GNP) estimation GNP and related macroeconomic aggregates Conceptual problems...

ECO 204: Macroeconomic Theory II

Building the core macroeconomic model: The commodity market The money market The labour market The classical, Keynesian, and monetarist systems Economic stabilization policies: Monetary policy...

ECO 221: Monetary Economics and Finance

Money: Definition, functions, and characteristics Evolution of money The barter system Classification of money and near money Monetary theories: Quantity theory of money Fisher’s cash...

ECO 223: Intermediate Business Accounting

Trial balance and adjustments Preparation of financial statements of business concerns Adjusting and closing the accounts Accounting for and controlling cash Bank reconciliation Inventories and...

ECO 231: Intermediate Economic Statistics I

Probability theory and probability distributions Probability sampling using tables of random numbers Probability tree diagrams Applications of probability theory to economics Basic probability theorems Types...

ECO 232: Intermediate Economic Statistics II

Basic sampling and surveys Types of simple random sampling Expectation and variance of sample mean Estimation of population variance Normal approximation to sampling distribution Stratified...

ECO 233: Intermediate Mathematics for Economists I

Linear Algebra: Detailed treatment of vectors and matrices Rank of a matrix Trace Eigenvalues and eigenvectors Linear Programming Input–Output Analysis Game Theory (Introduction) Differential and...

ECO 234: Intermediate Mathematics for Economists II

Linear Algebra: Jacobian and Hessian matrices Quadratic Forms and Applications to Optimization in Economics: Cost minimization Profit maximization Utility maximization Comparative statics Boundary Solutions: Kuhn–Tucker...

ECO 236: Computing Applications for Economists

Relevance of ICT in Economics Understanding Microsoft Excel: Data generating process Manipulating worksheet data Data transformation using Excel Creating graphs using Excel Simple and multiple...

ECO 262: Urban and Regional Economics

Introduction to urban and regional economics Consumption within an urban locality Nature and extent of spatial variation in welfare at national and regional scales Models...

ECO 264: Introduction to Environmental Economics

Introduction: Emergence of environmental economics Issues in the economic approach to environmental problems Drivers of environmental impact Poverty and inequality Limits to growth Concepts of...

ECO 266: Introduction to Health Economics

Introduction to health economics Demand for health and healthcare Production and supply of healthcare Introduction to the market for healthcare Market failure and the role...

ECO 271: Theories of Human Resources

Concepts of human resources and human capital Origin of the concept of human capital Importance of human capital in economic development Strategies for the development...

ECO 273: Labour Economics

Significance of labour in economics Labour force Definition Determinants of size Composition and occupational distribution Labour market Formal and informal sectors Features of the Nigerian...

ECO 281: History and Structure of the Nigerian Economy I

An overview of the Nigerian economy Pre-colonial period Colonial period Post-independence period (with special regard to development of economic and social organization) The Nigerian economic...

ECO 328: Applied Monetary Economics

An overview of monetary economics Commercial banking: functions, credit creation, balance sheet structure Financial intermediaries: types, financial claims, financial intermediation Benefits of financial intermediation Introduction...