Description
Course Overview
The Bsc programme in economics is aimed at providing training for students in the various branches of the economics discipline. Through the programme, students will be able to broaden their careers as researchers, educators and trainers in the public and private sectors as well as non-governmental/international organizations.
UNIVERSITIES IN BENIN REPUBLIC…
Course Objectives
The B.sc Programme in Economics is designed to:
- Offer the student a thorough grounding in economic analysis and research.
- Enable the student to conduct both qualitative and quantitative studies/research in Economics;
- Enable the student acquire the capability for designing economic models for development policy making;
- Prepare students for careers in the public and private sectors of the economy particularly in academic and research institutions.
Admission Requirements
Any applicant who meets the minimum entry requirements for admission into the University may be granted admission, the requirements are :
- O’level Result
- Birth Certificate
- Passport Photograph
REGISTRATION PROCESS
To register for any of the available courses take the following steps
- Click on courses on the menu bar or apply now button to pick a course
- After selecting the course, click apply now to add to cart
- View the cart to fill the application form
- Submit the form to go to the payment page
- Complete the payment form and select method of payment and submit.
- You will receive an email letting you know of your registration and your application status
- You will be contacted by one of our admission team member to guide you on the admission.
- After making the payment of application fee admission letter will be sent to your email with fee structure.
- You will need to make payment of at least 70% of the tuition and acceptance fee for you to be granted access to the course applied for.
- After making the payment an email will be sent to your email with access link to your registered course.
- You study online and can come to school every semester for exams.
FEE STRUCTURE
100 level Fee Structure
180,000 Naira Tuition fee
10,000 Naira Application fee
20,000 Naira Acceptance fee
20,000 Naira Examination Fee
30,000 Naira study kit (t-shirt, course guide, workbook, pen, digital material)
Total 260,000 naira
200 level Transfer Fee structure
180,000 Naira tuition fee
10,000 Naira application fee
20,000 Naira acceptance fee
30,000 Naira transfer fee
20,000 Naira Examination Fee
30,000 Naira study kit (t-shirt, course guide, workbook, pen, digital material)
Total 290,000 Naira
Transfer final year 300 level Fee structure
180,000 Naira tuition fee
10,000 Naira application fee
20,000 Naira acceptance fee
20,000 Naira Examination Fee
30,000 Naira transfer fee
20,000 Naira Project supervision fee
60,000 Naira Certificate fee
20,000 Naira convocation fee
30,000 Naira study kit (t-shirt, course guide, workbook, pen, digital material)
Total 390,000 Naira
CURRICULUM
PRINCIPLES OF PRACTICE OF INSURANCE (ENT 121)
INTRODUCTION TO INSURANCE
INTRODUCTION
This unit will teach the definition of risk, the classification of risk, the definition of insurance, and the market insurance intermediaries. It is important that you grasp this concept before proceeding to the next unit.
PRINCIPLES OF UTMOST GOOD FAITH
INTRODUCTION
In most commercial contracts, there is no need for the parties to disclose information not requested. The idea is that people should make the best bargain, while not actually misleading each other. The legal principle governing such contracts is called Caveat Emptor (let the buyer beware) In common law the principle of caveat emptor is applicable to the sale of goods. Hence a car dealer is not obliged to tell a buyer that the tyres fixed to the new vehicle he wishes to buy are old ones. It is assumed that the buyer should be able to see things for himself or ask questions that will help him discover everything a reasonable person should know about the vehicle before paying for it.
INSURANCE DOCUMENTATION
INTRODUCTION
If you want to buy some insurance, how do you go about it? Who do you ask? What will the insurer’s seller want to know?
First of all, you need to make contact with the people who sell insurance. Next, you have to provide the insurer with enough information to enable him decide whether or not he wants to sell insurance; then you would need to complete a proposal form and the insurer will have to issue various documents setting out t the details of the contact and providing proof that a contract of insurance exists.
MATHEMATICS FOR ECONOMISTS I(ECO 255)
NUMBER SYSTEM, INEQUALITITES, EXPONENTS AND ROOTS
INTRODUCTION A numeral system (also known as system of numeration) is a method of representing or writing numbers using digits or symbols in a consistent manner. It can be seen as the context that allows the symbols “10” to be interpreted as the decimal symbol for ten, the binary symbol for two, or a symbol for other numbers in other bases. A number system will normally, • Reflect the algebraic and arithmetic structure of the numbers • Give every number represented a unique/standard representation • Represent a useful set of numbers (e.g. all integers, or rational numbers). The most commonly used system of numerals is known as Arabic numerals or Hindu– Arabic numerals. Two Indian mathematicians are credited with developing them. Aryabhata of Kusumapura developed the place-value notation in the 5th century and a century later Brahmagupta introduced the symbol for zero. The simplest numeral system is the unary numeral system, in which every natural number is represented by a corresponding number of symbols. If the symbol / is chosen, for example, then the number eight would be represented by ////////. Tally marks represent one system still in common use however, it can only be used for small numbers.
EQUATIONS
INTRODUCTION
When we talk about equation, we simply mean two different numbers are equal to one another. We have different types of equation such as the linear equation, exponential equation, polynomial equation, quadratic equation, trigonometric equation and radical equation. Solving equations means finding the value (or set of values) or unknown variables contained in the equation. Let us consider a single equation: 7x – 4 = 8 + 4x. We can represent it in another form by combining it as: 7x – 4x = 8 + 4 3x = 12 x = 4. Our attention has been on single variable equation, and now we will focus more on two system equations. Linear equation can be zero, one, two, or an infinite number of solutions, but this will depend on whether the equations are dependent on one another or independent. The first sub-unit will cover the introductory aspect of systems of linear equations, while the second and third sub-units will focus on the different methods of solving systems of linear equations (substitution, addition and subtraction). Substitution is useful when one variable in an equation of the system has a coefficient of 1 or a coefficient that easily divides the equation. If one of the variables has a coefficient of 1, substitution is very useful and easy to do. However, many systems of linear equations are not quite so neat (not easy to calculate) and substitution can be difficult, thus an alternative method for solving systems of linear equations (the Addition/Subtraction method) is introduced.
SET THEORY, LOGARITHMS & PARTIAL DERIVATIVES
INTRODUCTION
The purpose of this unit is to discuss set theory which is a branch of mathematics that studies the collection of objects usually called sets. In order to discuss this topic, subtopic such as Venn diagram which was introduced in 1880 will be reviewed. Venn diagram is attributed to John Venn, and it is a set diagram that shows all possible logical relations between finite collections of sets. Also, the properties of set operations and symbols used in set operations will be discussed extensively in order to facilitate easy understanding.
PROJECT EVALUATION (ECO 329)
PROJECT
INTRODUCTION A piece of planned work or an activity that is finished over a period of time and intended to achieve a particular purpose. A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates that a project has a definite beginning and end. The end is reached when the project‟s objectives have been achieved or when the project is terminated because its objectives will not or cannot be met, or when the need for the project no longer exists. A project may also be terminated if the client (customer, sponsor, or champion) wishes to terminate the project. Temporary does not necessarily mean the duration of the project is short. It refers to the project‟s engagement and its longevity. Temporary does not typically apply to the product, service, or result created by the project; most projects are undertaken to create a lasting outcome. For example, a project to build a national monument will create a result expected to last for centuries. Projects can also have social, economic, and environmental impacts that far outlive the projects themselves.
MANPOWER PLANNING AND ANALYSIS
INTRODUCTION In Unit 5, we discussed the concept of an engineering evaluation of a project. Engineering evaluation of a project as we saw seeks to evaluate the engineering soundness of a project. This is very crucial especially when the project will be ranked or compared with another project. Every enterprise requires labour. It is labour that coordinates the other factors of production like land and capital. In terms of project evaluation, our concern is to look at the project and examine the human resources aspects. In terms of manpower planning and evaluation, we need to examine the following: • Key employees • The key responsibilities • The qualifications • Hours of work • Training and development of the staff • Remuneration of the staff
INCOME STATEMENT
INTRODUCTION
In Unit 5 of Module 2, we discussed project cost analysis. We discussed how to cost a project, especially a start-up project. We saw that fixed costs and working capital all add up to constitute the project cost. In this unit, we shall discuss the projected income statement which is a very vital statement required for project analysis and evaluation. The key basis for financial planning and project evaluation is financial information. The financial information is required to record, compare and evaluate a firm‟s earning power and ability. In an already existing project, the financial information is already provided since it is a historical data. The income statement or the profit and loss account is a summary of revenues, expenses and net profit of an enterprise for a period of time. This serves as a measure of the firm‟s profitability over the period. For an on-going project or firm, when prepared, the income statement becomes a historical statement. The projected income statement is a forecast of the revenues, expenses and the net profit of an enterprise or project.
APPLIED ECONOMETRICS I (ECO 453)
INTRODUCTION TO ECONOMETRIC RESEARCH USING SOFTWARE
INTRODUCTION
Applied econometrics uses theoretical econometrics and real-world data for assessing economic theories, developing econometric models, analyzing economic history, and forecasting. In econometric research there are different stages and one stage of the research leads to another, you need to learn these stages and know them in a chronological order. The stages of econometric research will help to give the basic foundational knowledge of what it takes to carry out an applied research. In this unit you will be exposed to the basic assumptions with respect to the independent variables to be estimated.
THE PROBIT MODEL CONTENTs
INTRODUCTION
In the previous unit you learnt qualitative response regression with Logit model, which we hope has prepared you for the Probit model we will discuss in this unit. The Probit model is similar to the Logit model discussed in the Unit 5 of Module 1 except that it uses a normal cumulative distributive function while the Logit model uses a cumulative logistic function in its estimation of a binary model.
TESTING FIXED AND RANDOM EFFECTS
INTRODUCTION
This is the first unit of our Module 3 and last module of this study. It focus on testing fixed and random effects of panel data.
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