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DES215

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.

About this course

Difficulty
Intermediate
Study hours
26 hours
Maths
Basic
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

DES215 · Unit 1 Concept of Economic Structure

Answers to SAEs 1  economic structure can be defined in terms of institutional arrangements aimed at the decision on what, how and for whom goods and services in an economy are to be produced and consumed.

What you should be able to do

  1. Explain basic concepts of economic structure and systems.
  2. Outline the features and profile of the Nigerian economy.
  3. Discuss the evolution, structure, and contribution of agricultural and industrial sectors.
  4. Appraise the challenges and prospects of the agricultural and industrial sectors.
  5. Evaluate the effectiveness of Nigerian government plans, policies, and programmes.

What it prepares you for

Careers
  • Economist
  • Policy Analyst
  • Development Planner
  • Financial Analyst
  • Business Consultant
Where it is applied
  • Government
  • Agriculture
  • Manufacturing
  • Mining
  • Finance

Where it gets hard

The units students slow down on, and what makes each one heavy.

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

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

    Requires understanding of complex economic relationships and policy implications.

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

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

    Involves detailed knowledge of geological formations and extraction processes.

A suggested way through it

Suggested

13 weeks, about 40 hours in total. Yours will differ.

  1. Week 1Module 1: Understanding Nigerian Economic Structure and System
    • Unit 1: Concept of Economic Structure · 2 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 hours

      Describe various economic ideologies and their impact.. Highlight the features of different economic systems.. Define structural dualism and its forms..

  2. Week 2Module 1: Understanding Nigerian Economic Structure and System
    • Unit 3: Profile of the Nigerian Economy · 2 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 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..

  3. Week 3Module 2: The Nigerian Agricultural Sector
    • Unit 1: The Characteristics and Importance of the Nigerian Agricultural Sector · 2 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 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..

  4. Week 4Module 2: The Nigerian Agricultural Sector
    • Unit 3: The Challenges and Prospects of the Nigerian Agricultural Sector · 2 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 hours

      Enumerate some policies and programmes of government in Nigeria.. Evaluate the success or otherwise failure of the agricultural schemes, institutions and programmes..

  5. Week 5Module 3: The Nigerian Industrial Sector 1- General Overview; Manufacturing Subsector
    • Unit 1: Concepts and Importance of the Industrial Sector · 2 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 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..

  6. Week 6Module 3: The Nigerian Industrial Sector 1- General Overview; Manufacturing Subsector
    • Unit 3: The Challenges and Prospects the Industrial Sector in Nigeria · 2 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..

  7. Week 7Module 4: The Nigerian Industrial Sector 2- Mining And Quarrying Subsector
    • Unit 1: The Characteristics and Importance of Mining · 2 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 hours

      Summarise the history and evolution of the crude oil industry in Nigeria. Assess the contribution/performance of the crude oil subsector in Nigeria.

  8. Week 8Module 4: The Nigerian Industrial Sector 2- Mining And Quarrying Subsector
    • Unit 3: The Solid Minerals and Associated Natural Gas Industry. · 2 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 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.

  9. Week 9Module 5: Economic Plans, Policies And Programmes 1
    • Unit 1: Development Planning in Nigeria (1st- 4th plans) · 2 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.

  10. Week 10Module 5: Economic Plans, Policies And Programmes 1
    • Unit 2: Indigenisation Policy · 2 hours

      State the meaning and objectives of Indigenisation. Examine the Provisions of the Indigenisation Policy. Appraise the merits and demerits of indigenisation policy.

  11. Week 11Module 5: Economic Plans, Policies And Programmes 1
    • Unit 3: Structural Adjustment Programmme (SAP). · 2 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.

  12. Week 12Module 5: Economic Plans, Policies And Programmes 1
    • Unit 4: National Economic Empowerment and Development Strategy (NEEDS) · 2 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.

  13. Week 13Module 5: Economic Plans, Policies And Programmes 1
    • Unit 4: The Challenges and Prospects of the Mining Subsector. · 2 hours

      State the meaning of NAPEP. Describe the implementation strategy of NAPEP. Highlight some of the achievements of NAPEP.

Preparing for the exam

What to do
  • Create a timeline of key economic events and policies discussed in the course.
  • Develop comparative tables summarizing the features of different economic systems.
  • Practice applying economic concepts to real-world scenarios in the Nigerian context.
  • Review sector-specific challenges and proposed solutions, focusing on practical implementation.
  • Analyze the effectiveness of past government plans and policies, identifying successes and failures.
  • Focus on understanding the structure and performance of the agricultural and industrial sectors.
  • Create concept maps linking Units 3-5 database concepts
  • Practice SQL queries from Units 7-9 weekly

Questions students ask about this course

What is DES215 about?

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.

How many units does DES215 have?

DES215, Nigerian Economy In Perspective 1, has 12 units across 3 modules, over 211 pages of course material. You can read it one unit at a time.

Is DES215 hard?

DES215 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.

How long does DES215 take to study?

About 26 hours of study, spread across its 12 units.

How is DES215 assessed?

DES215 is assessed by assignments, tutor marked assessments and final examination.

What can I do with DES215?

Economist, Policy Analyst, Development Planner, Financial Analyst and Business Consultant.

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