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DES215Social Sciences Unitsintermediate

Nigerian Economy In Perspective 1

This course, Nigerian Economy in Perspective I, is a three-credit undergraduate course divided into five modules. It introduces students to the profile of the Nigerian economy, covering its evolution, structure, and the contributions of the agricultural and industrial sectors. The course also examines past and present government plans, policies, and programs and their impact on economic structure and development in Nigeria. It aims to provide students with a comprehensive understanding of the Nigerian economy.

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26h
Study Time
13
Weeks
2h
Per Week
basic
Math Level
Course Keywords
Nigerian EconomyEconomic StructureAgricultural SectorIndustrial SectorEconomic Policy

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Economic Structure

2

Economic Systems

3

Nigerian Economy Profile

4

Agricultural Sector Analysis

5

Industrial Sector Analysis

6

Mining Sector Analysis

7

Development Planning

8

Economic Policies

Total Topics8 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Computer Based Test

Career Opportunities

Explore the career paths this course opens up for you

Economist

Apply your skills in this growing field

Policy Analyst

Apply your skills in this growing field

Development Planner

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Business Consultant

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

GovernmentAgricultureManufacturingMiningFinance

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Understanding Nigerian Economic Structure and System

4h

Unit 1: Concept of Economic Structure

2 study hours
  • •Define economic structure and its key determinants.
  • •Discuss the importance of studying economic structure.
  • •Identify different types of sectors in the Nigerian economy.

Unit 2: Concept of Economic System and Structural Dualism

2 study hours
  • •Describe various economic ideologies and their impact.
  • •Highlight the features of different economic systems.
  • •Define structural dualism and its forms.
Week
2

Module 1: Understanding Nigerian Economic Structure and System

4h

Unit 3: Profile of the Nigerian Economy

2 study hours
  • •State basic geographical and demographic features of Nigeria.
  • •Highlight sociocultural and institutional features.
  • •Trace the political history of Nigeria.
  • •Enumerate Nigeria's resource endowment.

Unit 4: Overview of the Nigerian Economy

2 study hours
  • •Categorize the Nigerian economy based on prominent criteria.
  • •Describe the features of the Nigerian economy during the pre-independence era.
  • •Summarize the features of the Nigerian economy and sectoral performance during the post-independence era.
Week
3

Module 2: The Nigerian Agricultural Sector

4h

Unit 1: The Characteristics and Importance of the Nigerian Agricultural Sector

2 study hours
  • •Define the meaning and scope of Agriculture.
  • •Enumerate the Importance of Agriculture to Nation's Development.
  • •Highlight the Features of Nigerian Agricultural System.

Unit 2: The Agricultural Sector during Pre-independence and Post-Independence Period

2 study hours
  • •Describe the status of the Nigerian agricultural sector before independence.
  • •Discuss the performance of the Nigerian agricultural sector after independence.
  • •Compare and contrast the performance of the Nigerian Agricultural sector before and after independence.
Week
4

Module 2: The Nigerian Agricultural Sector

4h

Unit 3: The Challenges and Prospects of the Nigerian Agricultural Sector

2 study hours
  • •Itemise and explain the challenges facing the Nigerian agricultural sector.
  • •Enumerate some policies and programmes of government in Nigeria.
  • •Highlight and discuss a way out of the challenges of the Nigerian Agricultural sector.

Unit 4: Policy Intervention in the Nigerian Agricultural Sector

2 study hours
  • •Enumerate some policies and programmes of government in Nigeria.
  • •Evaluate the success or otherwise failure of the agricultural schemes, institutions and programmes.
Week
5

Module 3: The Nigerian Industrial Sector 1- General Overview; Manufacturing Subsector

4h

Unit 1: Concepts and Importance of the Industrial Sector

2 study hours
  • •Define Industry/Industrialisation and state its scope.
  • •Explain the significance of industry/industrialisation.
  • •Assess the overall contribution of the industrial sector to GDP.

Unit 2: The Manufacturing Subsector during Pre-Independence and Post-Independence Period

2 study hours
  • •Highlight the meaning and importance of manufacturing.
  • •Summarise the position of the Nigerian manufacturing sector before independence.
  • •Give an overview of the status of the manufacturing sector in Nigeria after independence.
  • •Assess the manufacturing sector contribution to Gross Domestic Product.
Week
6

Module 3: The Nigerian Industrial Sector 1- General Overview; Manufacturing Subsector

2h

Unit 3: The Challenges and Prospects the Industrial Sector in Nigeria

2 study hours
  • •Itemise and explain the general challenges confronting the industrial sector in Nigeria.
  • •Highlight the strategies and incentives to industrialisation in Nigeria.
  • •Suggest general and specific measures of moving forward the industrial sector in Nigeria.
Week
7

Module 4: The Nigerian Industrial Sector 2- Mining And Quarrying Subsector

4h

Unit 1: The Characteristics and Importance of Mining

2 study hours
  • •Itemise some natural resources in Nigeria that are important to the mining sector.
  • •Summarise the characteristics of the Nigerian mining sector.
  • •Highlight the contribution of the mining industry to national economy.

Unit 2: The Crude Oil Industry

2 study hours
  • •Summarise the history and evolution of the crude oil industry in Nigeria
  • •Assess the contribution/performance of the crude oil subsector in Nigeria
Week
8

Module 4: The Nigerian Industrial Sector 2- Mining And Quarrying Subsector

4h

Unit 3: The Solid Minerals and Associated Natural Gas Industry.

2 study hours
  • •Highlight the production trend of different minerals in Nigeria
  • •Describe the overall performance of the solid mineral subsector in Nigeria
  • •Discuss the activities of the associated gas subsector

Unit 4: The Challenges and Prospects of the Mining Subsector.

2 study hours
  • •Highlight the challenges of the crude oil industry
  • •Enumerate the challenges of the solid mineral subsector
  • •Examine the issue of gas flaring in the Associated Gas unit
  • •Suggest remedies to overcome the challenges highlighted above
Week
9

Module 5: Economic Plans, Policies And Programmes 1

2h

Unit 1: Development Planning in Nigeria (1st- 4th plans)

2 study hours
  • •Describe the element of planning in the pre-independence period
  • •Summarise the objectives of the four development plans
  • •Appraise the achievements and shortfalls of the development plans
  • •Enumerate the general problems associated with low performance of development plans in Nigeria
Week
10

Module 5: Economic Plans, Policies And Programmes 1

2h

Unit 2: Indigenisation Policy

2 study hours
  • •State the meaning and objectives of Indigenisation
  • •Examine the Provisions of the Indigenisation Policy
  • •Appraise the merits and demerits of indigenisation policy
Week
11

Module 5: Economic Plans, Policies And Programmes 1

2h

Unit 3: Structural Adjustment Programmme (SAP).

2 study hours
  • •Explain the meaning of SAP
  • •List the components/package of SAP
  • •Explain the meaning of this components/package
  • •Describe the Nigerian economic performance under SAP
Week
12

Module 5: Economic Plans, Policies And Programmes 1

2h

Unit 4: National Economic Empowerment and Development Strategy (NEEDS)

2 study hours
  • •State the meaning of NEEDS
  • •Itemise and explain the challenges in Nigeria that informed the NEEDS
  • •Describe the key strategies of NEEDS
  • •Assess the effect of NEEDS on the Nigerian economy
Week
13

Module 5: Economic Plans, Policies And Programmes 1

2h

Unit 4: The Challenges and Prospects of the Mining Subsector.

2 study hours
  • •State the meaning of NAPEP
  • •Describe the implementation strategy of NAPEP
  • •Highlight some of the achievements of NAPEP

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create a timeline of key economic events and policies discussed in the course.

2

Develop comparative tables summarizing the features of different economic systems.

3

Practice applying economic concepts to real-world scenarios in the Nigerian context.

4

Review sector-specific challenges and proposed solutions, focusing on practical implementation.

5

Analyze the effectiveness of past government plans and policies, identifying successes and failures.

6

Focus on understanding the structure and performance of the agricultural and industrial sectors.

7

Create concept maps linking Units 3-5 database concepts

8

Practice SQL queries from Units 7-9 weekly

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