MSc Economics

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The MSc program in Economics is designed to prepare students to be scholars, to develop the students’ capacities to understand issues and problems at the frontiers of knowledge and to make significant contributions to knowledge.

Start Date

September or January entry


2 years

Entry requirements

Bachelor’s degree in Economics or PGD in related subject

Fee Per Session



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The program’s overall educational goals are to provide advanced training in economics research, to develop new knowledge in science, and to disseminate the knowledge gained through the appropriate channel. These educational objectives can be itemized as follows:

  1. Produce competent researchers in economics who can communicate new and innovative research findings to scientists and engineers worldwide.
  2. Train economists who are well versed in the general body of knowledge in the economics,
  3. Produce researchers with specialized knowledge in Economics and
  4. Increase the number of doctorates in Economics needed for nation building.

In order to achieve these aims and objectives, the major areas of focus offered by the programme are:

  • Advanced Microeconomics
  • Advanced Macroeconomics
  • Advanced Mathematical Economics
  • Development Economics
  • International Economics
  • Financial and Monetary Economics
  • Energy and Petroleum Economics


The Master of Science (MSc) program in Economics is a research oriented degree program. Its purpose is to advance knowledge in the field of Economics and enable students of exceptional ability to undertake advanced study and original research. It prepares students for a research and/or teaching career in industry, research institutions, universities, and the government. The program has a focus on key areas of economic science that span the broad spectrum of economics such as development studies, international, energy and petroleum, financial, monetary, agricultural economics, etc.

Our comprehensive curriculum provides the students with the ability to identify, formulate, and execute solutions to real-world economic problems.

Of course, degree of advancement in economics is one of the major indices of development of country and therefore the MSc program in economics has been designed  to train skilled graduates who could be job-creators and self-reliant. It seeks to empower graduates to be able to embark on ventures that can effectively transform the resources within their environment into goods and services. It there aims at producing graduates who can develop innovative entrepreneurial ideas and who understands the dynamic global economic issues and implement them in the development of the country for higher economic prosperity of the nation.


The minimum required coursework for the award of the Master of Science degree is 30 semester credit hours summarised below.

1st Year Courses

First Semester




Course Title


1 C

ECN 807

Qualitative Research Methods

2 C

ECN 805

Quantitative Methods

3 C ECN 801

Advanced Mathematics for economists

4 C ECN 803

Advanced Macroeconomics




Second Semester




Course Title


1 C

ECN 804





ECN 806

Advanced Microeconomics 3


C ECN 802 Issues in Entrepreneurship 3


E ECN 800 Area Elective I 3


E ECN 800 Area Elective II 3



Third Semester




Course Title


1 C

ECN 891

Dissertation 3



Fourth Semester




Course Title


1 C

ECN 892

Dissertation 3



Elective Courses

  • ECN 812:  Development Economics - (3 credits)
  • ECN 818:  Development planning - (3 credits)
  • ECN 814:  Monetary Economics - (3 credits)                                 
  • ECN 828:  International Economics - (3 credits)                    
  • ECN 832:  Financial Economics - (3 credits)
  • ECN 822:  Health Economics - (3 credits)
  • ECN 824:  Human Resource Economics - (3 credits)
  • ECN 826:  Energy and Petroleum Economics -(3 credits)
  • ECN 828: Industrial Economics - (3 credits)
  • ECN 830: Labour Economics - (3 credits)
  • ECN 834  : Agricultural Economics - (3 credits)

This course will give you a deeper knowledge and understanding of the principles applied in modern workplaces and will add value to your existing credentials. It leaves you well placed for a wide range of careers, including finance, law, government, arts, media and the voluntary sector.

Lecturer at Nile University


Additional Information

Entry Requirements

  1. University Matriculation of 5 credit passes including English Language and Mathematics at O-Level; and
  2. Approved Bachelor’s Degrees in Economics with at least 2nd class lower division.
  3. Approved Postgraduate Diploma (PGD) from a cognate discipline with not less than an upper credit.

How will I be taught?

The core modules are generally taught and assessed using case studies in lectures and seminars and in some modules group project-based work. Tutors are experts in their field with many having practical experience in industry and the professions which will help combine your academic knowledge with practical application. Many aspects of teaching and assessment are grounded in real life situations and, where possible, live projects are incorporated into the teaching.

Career support

Whether you’re progressing from education or currently working within the industry, our postgraduate courses aim to provide you with the required knowledge, skills and experience; as well as challenge your approach to complex situations. By providing practical project experience, team working opportunities and specialist knowledge of your chosen pathway, we can help develop your ability to work collaboratively and apply theory to real-life situations.

Career options cover the breadth of economic activity. For example, recent graduates are now working as Financial Analysts, Economists, Stockbrokers, Market Researchers and Investment Analysts.

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Further Study

Opportunities for course progression include the traditional PhD.

Fees and Finance

 In 2020/21 the full-time tuition fee postgraduate students on this course will be N1,400,000 Per Session.  

Tuition fees will cover the cost of your study at the University as well as charges for registration, tuition, supervision and examinations.

For more information about funding, fees and finance please see link Fees and Finance 

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