Department of Economics

Dr. Oloko Tirimisiyu Folorunsho
H.O.D Department of Economics

Brief History of the Department

The Department was previously named Department of Economics and Financial Studies. During this time, it houses various programmes such as Economics, Banking and Finance, Business Administration and Accounting. Immediately after the NUC accreditation exercise in the year 2015 where the Department had full accreditation status, the regulatory body recommended that all the programmes under the Department of Economics and Financial Studies, including Economics, should have full autonomous status. It was since that that the then programme came to prominence as a Department and thereafter referred to as the Department of Economics. Lending credence to the suitability of the NUC recommendation that the programme should resume as a full-fledge Department in 2015, another accreditation exercise in May 2021 also grant the Department full accreditation status. The first Head of the Department was the Late Professor Hakeem Ishola MOBOLAJI and currently under the headship of Dr. Taofeek Olusola AYINDE.

  • Philosophy

The philosophy and mission statement underlying the Economics programmes  of  Nigerian Universities is to produce graduates  equipped  with critical  skills  and  abilities to : abstract using simplified models that identify the essence of a problem; analyse   and   reason – both   deductively   and inductively; marshal evidence, assimilate structure and analyse 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  recognise  the  potential constraints in their implementation.

Aims and Objectives

  • • 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 societies’ economic problems,
  • Equip students with 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 the 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.

University Contact Info

for further enquiries visit

Fountain University , Osogbo
P.M.B 4491, OSUN STATE NIGERIA.

admission@fuo.edu.ng

 

 

Social Info

Apply Now

Contact For Scholarship

Department of Economics

College of Management and Social Science Building, Fountain University, Osogbo

Admission Requirements

Unified Tertiary Matriculation Examination (UTME)

Candidates for admission into the 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 UTME.

Direct Entry

Candidates  for  Direct  Entry  admission shall  possess  five Credits  in GCE, SSCE, NECO, 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.

Inter-University Transfer Mode

The Department allows for inter-university transfer from other NUC-approved Universities and of same course or other related courses. Inter-university transfer in same course (i.e. Economics) is possible but subject to screening of academic profile to date. In this regard, the Transcript of the applicant would be evaluated to ascertain the suitability to the level upon which the inter-university application is based. Also, inter-university transfer from other related courses such as Accounting, Business Administration, Finance, Computer Science, Mathematics and Statistics are possible but subject to the strength of transcript

Why Study Here?

We develop in students the ability to apply the analytical tools, knowledge and skills acquired to the solution of societies’ economic problems.

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

2023/2024 Admission Exercise is now closed

Important links on 2023/2024 screening exercise


This will close in 20 seconds