Department of Economics

NIGERIA CERTIFICATE IN EDUCATION MINIMUM STANDARDS (2020 EDITION)

Introduction

The Department of Economics at Raphat College of Education Obaagun is designed to develop students’ understanding of economic principles and their application to real-world issues. It aims to produce competent NCE graduates who can teach economics effectively at the basic education level. The programme also prepares students to think critically, analyze economic problems, and contribute meaningfully to national development through sound economic knowledge and practices.

Philosophy

Economics is a subject that is desired by all citizens either as producers or as consumers so that they would acquire knowledge of the economic system and how it works. The insight derivable from the study of economics not only frees the minds of the recipients from the shackles of destiny and chance events but also equips them with solutions to problems of our country. Further, it enables the development of critical thinking required for making logical contribution towards economic growth and development.

Objectives of the Programme

The objectives of the programme are to:

  • Train teachers who have acquired in-depth knowledge of economic theory and applied economics to be able to appreciate economic problems.
  • Produce teachers who have acquired adequate professional skills to be able to organize and teach economics related courses at the Primary school level in Nigeria.
  • Prepare teachers who would be able to undertake further education in economics or related areas of study.
  • Produce teachers who have acquired economic skills and abilities and are able to apply them to their daily activities.

Admission Requirements

  • A Senior Secondary School Certificate Examination (SSCE) or G.C.E. ‘O’ Level with credits in 5 subjects including English Language and mathematics at not more than two sittings. Two of the credits must be relevant to the course the candidate wishes to offer.
  • All candidates wishing to be considered for admission must meet the requirements of an accredited body such as JAMB.
  • Candidate must pass RACOED screening tests and interviews.

NCE Year 1

First Semester

Course Code Course Title Credit Status
ECO 111 Principles of Economics I 2 C
ECO 112 Introduction to Public Finance 1 E
ECO 113 Introductory Statistics I 1 C
ECO 114 Introduction to Business Finance 1 E

Second Semester

Course Code Course Title Credit Status
ECO 121 Principles of Economics II 1 C
ECO 122 Introduction to Mathematics for Economics 2 C
ECO 123 Introductory Statistics II 1 C

NCE Year 2

First Semester

Course Code Course Title Credit Status
ECO 211 Microeconomics 2 C
ECO 212 Money and Banking 1 C
ECO 213 Economics Teaching Methodology 2 C
ECO 214 Research Methods in Economics 1 C

Second Semester

Course Code Course Title Credit Status
ECO 221 Macroeconomics 2 C
ECO 222 Introduction to Business Economics 1 E
ECO 223 Economics of Production 1 C
ECO 224 Structure of the Nigerian Economy 1 E
ECO 225 Development Economics 1 C
ECO 226 Introduction to Financial Accounting 1 C

NCE Year 3

First Semester

Course Code Course Title Credit Status
ECO 311 Teaching Practice (TP) 6 C

Second Semester

Course Code Course Title Credit Status
ECO 321 Applied Economics 1 E
ECO 322 International Economics 1 C
ECO 323 History of Economic Thought 1 C
ECO 324 Labour Economics 1 E
ECO 325 Human Resources Development 1 C