Economics is a course that explores how societies allocate resources, create wealth, and make decisions regarding production, distribution, and consumption. It is a versatile field with applications in finance, government, business, and development. Studying Economics provides a strong foundation in analytical thinking and problem-solving skills, which are highly valued in today’s job market.
In Nigeria, Economics is widely offered by universities, with variations such as Co-operative Economics, Economics and Statistics, and Economics and Developmental Studies. This article provides a comprehensive list of universities offering Economics for the 2025/2026 academic session and insights into career opportunities and admission requirements.
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What is Economics?
Economics is the study of how people, businesses, and governments allocate resources to satisfy needs and wants. It focuses on decision-making processes, market trends, and the factors that influence production and consumption. The course covers topics like microeconomics, macroeconomics, econometrics, and development economics.
For students passionate about understanding how economies work and solving financial challenges, Economics offers valuable skills for a wide range of industries. If you are considering Economics, you might also want to check JAMB subject combination for Economics for guidance on how to prepare for admission.
Why Study Economics in Nigeria?
Studying Economics in Nigeria offers several advantages:
- Wide Career Opportunities: Economics graduates can work in banking, finance, research, and government policy-making.
- High Demand: With Nigeria’s growing economy, skilled economists are in high demand.
- Versatility: The course provides transferable skills applicable across various fields.
- Access to Reputable Universities: Many Nigerian universities offer accredited Economics programs with quality education.
If you are also considering related programs, you might explore universities offering Business Administration or Accounting.
List of Nigerian Universities Offering Economics 2025/2026
Here is a detailed list of universities in Nigeria offering Economics for the 2025/2026 academic session:
| University Name | Program Offered |
|---|---|
| Adekunle Ajasin University | Economics |
| Ambrose Alli University | Economics |
| Afe Babalola University | Economics |
| Adamawa State University | Economics |
| University of Abuja | Economics |
| Federal University of Technology, Akure (FUTA) | Economics |
| University of Nigeria (UNN) | Economics |
| Nnamdi Azikiwe University | Co-Operative Economics |
| Federal University, Oye-Ekiti | Economics and Developmental Studies |
| University of Benin | Economics and Statistics |
| Crescent University | Economics with Operation Research |
This is just a subset of universities offering Economics in Nigeria. If you are interested in more specialized fields, you can check universities offering Developmental Studies or Statistics.
Admission Requirements for Economics
To study Economics in Nigeria, candidates must meet the following requirements:
- O’Level Results: Five credits, including English Language, Mathematics, Economics, and any two relevant subjects such as Geography, Government, or Accounting.
- JAMB UTME Subject Combination: English Language, Mathematics, Economics, and one other subject from Commerce, Geography, or Government.
- Post-UTME Screening: Candidates must meet the university’s cut-off mark and pass the screening process.
For detailed subject combinations and requirements, refer to the JAMB subject combination for Economics.
Career Opportunities in Economics
Economics graduates have diverse career opportunities in Nigeria and abroad. Some of these include:
- Banking and Finance: Working in banks, investment firms, and financial institutions.
- Policy Analysis: Advising governments on economic policies and development plans.
- Business Consulting: Providing insights into market trends and business strategies.
- Research and Academia: Conducting economic research or teaching in universities.
- Entrepreneurship: Using economic principles to start and grow businesses.
For related fields, consider careers in Accounting or Political Science.
FAQs
What is the difference between Economics and Developmental Studies?
Economics focuses on resource allocation and market behavior, while Developmental Studies emphasizes socio-economic progress in rural and urban settings.
Which university is best for studying Economics in Nigeria?
Universities like the University of Nigeria, University of Lagos, and University of Ibadan are renowned for their Economics programs.
Can I combine Economics with another field?
Yes, some universities offer specialized programs like Economics and Statistics or Co-operative Economics, providing students with interdisciplinary skills.
Conclusion
Economics is a versatile and rewarding course that opens doors to numerous career opportunities. With programs offered by top universities like UNN, FUTA, and Crescent University, students can gain the knowledge and skills needed to excel in various industries.
If you’re planning to study Economics, ensure you meet the admission requirements, choose a university that fits your goals, and prepare thoroughly for JAMB. Share this article with friends who might find it helpful!