The degree programme in Economics of Obafemi Awolowo University is premised on the belief that Economics finds relevance in almost any conceivable human activity circumscribed by practical issues of scarcity and choice. Hence, the curriculum presents Economics as a tool for rational decision making at both micro and macro levels; all with a view to facilitating development policy making in a developing nation like Nigeria.

The principal objective of the programme is to disseminate and expand knowledge in the principles and applications of Economics and thereby contribute rationally to the development of Economics and manpower requirements for national development.
The specific objectives include:

• to train students who are not just familiar with conventional economic theories, but who are also conscious of the limitations of the theories as they relate to economic development in a setting like Nigeria;
• to develop analytical skills in students of Economics for designing and formulating economic policies which are of social relevance;
• to train economists who are thoroughly familiar with the Nigerian economic scene and its relation to the international economic environment;
• to produce graduates who can be critical of economic issues with a view to contributing to knowledge as well as identifying and providing solution to economic problems;

The course of study for a Bachelor degree in Economics programme shall run for a period of four (4) or five (5) academic years, depending on the mode of entry.