Economics is a discipline that is concerned with this study and it therefore focuses on the problem of allocation of scarce resources and individual cum government action(s) towards solving this problem as its subject matter using both theoretical and empirical economic principles. Much attention should be given to this course of study as it embraces all human endeavours.

To this extent therefore, the foundation underlying the economics as a programme is to produce graduates equipped with critical skills and abilities to abstract using simplified 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 constraint in their implementation.