Courses: 2nd Year 2nd sem., B.Sc. Economics
GST212: Introduction to entrepreneurial Skills(2 credit units)
Introduction to entrepreneurship and new venture creation; Entrepreneurship in theory and practice; The opportunity, Forms of business, Staffing, Marketing and the new venture; Determining capital requirements, Raising capital; Financial planning and management; Starting a new business, Feasibility studies; Innovation; Legal Issues; Insurance and environmental considerations possible business opportunities in Nigeria.
GST222: Peace Study and conflict Resolution(2 credit units)
Basic Concepts in peace studies and conflict resolution, Peace as vehicle of unity and development, Conflict issues, Types of conflict, e. g. Ethnic/religious/political/economic conflicts, Root causes of conflicts and violence in Africa, Indigene/settler phenomenon, Peace - building, Management of conflict and security, Elements of peace studies and conflict resolution, developing a culture of peace, Peace mediation and peace-keeping, Alternative Dispute Resolution (ADR), Dialogue/arbitration in conflict resolution, Role of international organizations in conflict resolution, e.g, ECO WAS, African Union, United Nations, etc.
ECO212: Introduction to Macroeconomics(2 credit units)
Macroeconomic goals, National income accounting frame works (approaches GNP estimation problems); Circular flow of income; National income aggregates.Trade cycle, international monetary systems, and domestic economic stabilization, fiscal and monetary policies, the Keynesian systems, the paradox thrift, the classical and monetarists systems; Price control and Inflation.
ECO222: Mathematics for Economists II(2 credit units)
The derivatives of trigonometric functions; sequences and series. Expansions. Taylorís theorem. Mathematical analysis of basic theories of economics. Partial and total derivatives. Differentials and difference equation. Applications of partial derivatives. Matrix algebra. Inverse matrix. Simultaneous linear equations. Introductions to linear programming. Input- output analysis etc. The definite and indefinite. Implicit functions. Space curves and surfaces. Linear independency. Determinate inverse matrix.
ECO232: Statistics II(2 credit units)
Inferential statistics parametric and non parametric estimation. Point interval estimation, confidence intervals and hypothesis testing. Index numbers; construction of a simple relative, some common business index numbers, problems of chi-square statistics, test of goodness of fit, test of independence, contingency tables. Time series; the time series model trend, the cycle seasonal index and forecasting.
ECO242: Introduction to Development Economics(2 credit units)
Distinction between development and underdevelopment, development problems, dualism, balanced and unbalanced growth, population growth and economic development, entrepreneurship and economic development, capital formation and economic development, TNCs and economic development, issues on Islamic economics of development, poverty and income distribution, unemployment and rural-urban migration, agriculture, industry, foreign aids, foreign trade and economic development, the role of capital, natural and human resources in economic development.
BSM222: Nigerian Business Environment(2 credit units)
The concepts of Business Environment. The concept of organizations, the concept of interactions between organizations and relevant Business environments. The environment of an organization as a source of inputs, and as a repository for the outputs of Organizations. Models of relationships between organizations and the environments. How to measure the major aspects of the environment of an organization. Examples of classroom, department, faculty, University, community, state and country, as general environments, for given Business activities. The Nigerian Business system in charts, facts, figures and general descriptions, the role of government in the Business system. The factors affecting public and private Organizations in Nigeria. The laws, conventions, socio-cultural practices, beliefs, economic structure, financial, monetary, as well as budgetary policies of State and Federal Governments, affecting organizations. The Fourth National Development Plan and Business activities in Nigeria. The ECOWAS as an extension of the environment of Businesses in West Africa. How to manage the interface between given organizations and their relevant environment affect organizational success and failure. Business and management strategy formation as a way of dealing with future changes in the environment. Techniques of forecasting trends and changes in the environment of organization.
BSM252: Capital Market Studies(2 credit units)
The Nigerian Investment environment, the capital market and the regulatory, the capital market operators, capital market instrument, investing insecurities, trading insecurities, measuring the performance of the securities, managing the investment portfolios, the global financial issues, capital, market reforms.
BSM212: Marketing Management(2 credit units)
Application of the fundamental principles of management to the Marketing Function. The Organization, Planning, Control and Co-ordination of the Marketing Function. Organization of the Marketing Plan, Co-ordination and interaction of the whole marketing function (Product, Physical Distribution, Pricing and Promotion), Marketing and Social Responsibility, Consumer Behaviour, etc.
POL222: Foundation of Political Economy(2 credit units)
This course highlights the basic concepts in political economy the relationship between economic system and politics, class analysis, productive system, productive forces as well as the theory of Marxism and the capitalist/bourgeois political economy.
BSM262: Capital Market Studies(2 credit units)
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