ECO105

BSc (Hons) Economics

Master the Science of Choice. Decode the Forces that Shape Our World.

4 Years
Full-time
Hands-on Learning

Next Start Dates

October 2025
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Southern Atlanctic University
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Program Overview

Our Economics program provides a rigorous, quantitative foundation in microeconomic and macroeconomic theory, equipping you with the analytical tools to understand how individuals, businesses, and governments allocate resources. You will learn to model complex behaviors, interpret data, and forecast trends to solve real-world financial and policy challenges.

Why This Program?

  • Gain proficiency in industry-standard software and programming languages like Stata, R, Python, and EViews in our dedicated Econometrics Lab.
  • Apply theory to practice through our 'Economics Clinic,' where students work on real projects for local businesses and government agencies.
  • Learn from a faculty that includes former central bankers, financial market analysts, and development policy advisors.
  • Specialize in high-demand fields like Financial Economics, Development Economics, or Data Analytics.

Real-World Importance

Economists are the diagnosticians and forecasters of the modern world.

They analyze market trends to advise investors, evaluate government policies to recommend improvements, and model the potential impacts of everything from a new tax law to a climate change initiative.

In a developing economy like Nigeria's, economists are crucial for designing strategies to fight inflation, reduce unemployment, attract foreign investment, and promote sustainable and inclusive growth..

Curriculum Overview

Program Structure

70%
Core Courses
20%
Electives
10%
Practical Experience

Key Topics

Microeconomic & Macroeconomic Theory
Econometrics & Statistical Modeling
Mathematical Economics
Monetary Theory & Policy
International Trade & Finance
Development Economics & Growth Models

Course Outline

Year 1: Principles and Tools

Year 2: Intermediate Theory and Application

Year 3: Advanced Analysis and Specialization

Year 4: Capstone and Policy Focus

Career Opportunities

Economic Analyst

Potential Sectors:

Central Bank of NigeriaNational Bureau of StatisticsMinistry of FinanceCommercial Banks

Data Analyst / Scientist

Potential Sectors:

FinTech CompaniesTelecomsConsulting Firms (McKinsey, KPMG)E-commerce

Policy Advisor

Potential Sectors:

World Bank/IMFAfrican Development BankLocal & International NGOsThink Tanks

Financial Risk Analyst

Potential Sectors:

Investment BanksAsset Management FirmsInsurance Companies

Research Economist

Potential Sectors:

University AcademiaPrivate Research Institutes

Learning Outcomes

Apply advanced microeconomic and macroeconomic models to analyze market behavior and national economic performance.
Design, estimate, and interpret econometric models to test hypotheses and forecast economic trends.
Critically evaluate the impact of fiscal, monetary, and trade policies on the Nigerian economy.
Analyze datasets using statistical software to derive actionable insights for business and policy decisions.
Communicate complex economic arguments and data findings effectively to both technical and non-technical audiences.

Admission Requirements

UTME Requirements

O'Level Requirements

  • English Language
  • Mathematics
  • Economics
  • Any other two subjects from Social Sciences, Arts, or Sciences

Five (5) O'Level credit passes at not more than two sittings. A credit in Mathematics is non-negotiable for most universities.

JAMB Subjects

  • English Language (Compulsory)
  • Mathematics
  • Economics
  • Any other Social Science or Arts subject

JAMB Score Requirements

Minimum Score

150

Competitive Score

190

This is a highly competitive course. Top-tier universities require very high JAMB and Post-UTME scores.

Direct Entry Requirements

Other Requirements

Grading System

Our Successful Alumni

Tope Alake

Tope Alake

Lead Analyst, Renaissance Capital

Class of 2014

"The intense focus on quantitative skills and econometrics at SAU set me apart. I was running complex regression models and building forecasts on day one of my job, while others were still learning the basics."

Did You Know?

The famous 'Adam Smith's invisible hand' metaphor only appears once in his seminal book, *The Wealth of Nations*.
The field of behavioral economics, which won a Nobel Prize, shows that humans often make irrational economic decisions based on cognitive biases, challenging classical theory.
Economists can now analyze real-time economic activity using 'big data' sources like satellite images of nighttime lights, social media sentiment, and satellite shipping traffic.

Meet Your Department Head

Prof. Chinedu Adebayo

Prof. Chinedu Adebayo

Professor of Development Economics

Economics is not about money; it's about the intricate web of choices that define our existence. At SAU, we empower you with the data-driven toolkit to understand these choices and to become an architect of prosperity for Nigeria and beyond.

A former consultant to the Central Bank of Nigeria and the World Bank, Prof. Adebayo is a leading expert on monetary policy and economic development in Sub-Saharan Africa. His work focuses on financial inclusion and SME growth.

Accreditation

National Universities Commission (NUC)

Exam Preparation

This program provides a strong foundation for professional certifications such as the Chartered Financial Analyst (CFA) program and is excellent preparation for graduate studies in Economics (MSc, PhD), Data Science, and Business Administration (MBA).

Facilities & Resources

  • Econometrics and Data Lab with dedicated terminals running Stata, R, Python, and Bloomberg terminals.
  • Trading Simulation Room with real-time market data feeds.
  • Collaborative research pods for group projects and data analysis.

Industry Connections

Partners

Central Bank of NigeriaNational Bureau of StatisticsNGX GroupStanbic IBTCPwC Nigeria

Initiatives

  • Annual Economic Forecasting Summit
  • CBN Governor's Lecture Series
  • Student Managed Fund Project

Scholarship Opportunities

CBN Future Economist Scholarship

Merit-based scholarship for students demonstrating exceptional quantitative skills and a passion for monetary policy.

Contact Information

Southern Atlantic University | Empowering Change Through Education