Philosophy, Aims and Objectives of the Degree Programme
The Department of Economics offers courses leading to the B.Sc. Degree in Economics, which may be awarded with Honors or as a pass degree. The philosophy and mission statement underlying the Economics programmes of the department is to produce graduates equipped with critical skills and abilities to: abstract using simple models that identify the essence of a problem; analyze and reason- both deductively and inductively; marshal evidence, assimilate structure and analyze qualitative and quantitative data; communicate concisely the results to a wide audience, including those with no training in Economics; think critically about the limits of one’s analysis in a broader socio-economic context; and draw economic policy inferences and to recognize the potential constraints in their implementation.
Objectives of the Degree Programme
Provide training in the principles of economics and their application appropriate to the type of degree concerned: single, joint and combined studies; stimulate students intellectually through the study of economics and to lead them to appreciate its application to a range of problems and its relevance in a variety of contexts;
· Provide a firm foundation of knowledge about the workings of an economy and to develop the relevant skills for the constructive use of that knowledge in a range of settings;
· Develop in students the ability to apply the analytical tools, knowledge and skills acquired to the solution of society’s economic problems,
· Equip students with the appropriate tools of analysis to tackle issues and problems of economic policy;
· Develop in students, through the study of economics, a range of transferable skills that will be of value in employment and self employment;
· Provide students with analytical skills and ability to develop simplified frameworks for studying the real world;
· Provide students with the knowledge and skill base, from which they can proceed to further studies in Economics, related areas or in inter-disciplinary areas that involve economics; and
· Generate in students an appreciation of the economic dimensions of wider social and political issues.
The Department of Economics of Fountain University, Oshogbo offers the following programmes of courses leading to the award of
(i) B.Sc Degree in Economics
B.SC. (HONS.) ECONOMICS
Admission and Graduation Requirements
(i) UTME: Candidates for admission into four-year degree in Economics should possess a Senior Secondary School Certificate, General Certificate of Education, NECO or their equivalents with at least five credit passes, at not more than two sittings including Mathematics, English Language and Economics. In addition, candidates must have acceptable passes in UME.
UTME Subjects: English Language, Mathematics, Economics and one other subject chosen from Government, Geography and Account
(ii) Direct Entry: Candidates for Direct Entry admission shall possess five Credits in GCE, SSCE, NECO, or an acceptable grade at the Fountain University Degree Foundation Programme, or their equivalents, of which at least two shall be at Advanced Level, provided that such passes are not counted at both levels of the examination. For emphasis, credit passes in English Language, Mathematics and Economics are required.
To graduate, a UTME student must have
(a) completed and passed the following no of units at each level
100 – 40
200 – 43
300 – 39
400 – 36
Total = 158 including all compulsory courses specified by the University/Department. Note that this total included compulsory, required and elective courses, however, the
students must passed at least 8 units of elective courses. This indicates that the minimum units required for graduation is 150 (UTME).
(b) Completed and met the standards for all required and optional courses
(c) Obtain a minimum GPA of 1.5 and
(d) Met other requirements that may be prescribed by the Department, College and Senate.
To graduate, a Direct Entry (DE) student must have:
a) completed and passed the following no of units at each level
200 – 47
300 – 45
400 – 36
Total = 128 including all compulsory courses specified by the University/Department
Note that this total included compulsory, required and elective courses, however, the
students must passed at least 8 units of elective courses. This indicates that the minimum units required for graduation is 120 (DE).
b) completed and met the standards for all required and optional Courses
c) obtained a minimum CGPA of 1.5 and
d) met other requirement that may be prescribed by the Department, Faculty and Senate.
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