Is Economics A Good Course To Study In Nigeria? | All You Need to Know

Is Economics A Good Course To Study In Nigeria? Are you interested in studying Economics in Nigeria or Abroad? have you been asking if Economics is a good or marketable course to study? if yes, this post is for you. I will show you all you need to know about Economics in Nigeria, Requirements To Study Economics In Nigeria, things to consider before studying Economics, and also provide answers to this frequently asked question “Is Economics A Good Course To Study In Nigeria?”

Is Economics A Good Course To Study In Nigeria? | All You Need to Know

Like nearly everything in life, Economics careers have POSITIVES and NEGATIVES.

However, not all courses are COMPETITIVE or MARKETABLE.

But the truth is not that an Economics career itself is GOOD or BAD, but rather that it’s the right fit for certain people and not for others.

Think of it like shopping for a NEW CAR—some people seek DEPENDABILITY and SAFETY while others crave PERFORMANCE and SPEED.

Neither option is inherently GOOD or BAD, but each vehicle is a better choice for different types of people.

What you’ll think of an Economics career depends on your personality, working style, and life priorities.

Once you understand the possible PROS and CONS of an Economics career, you can make an informed decision.

So, Is Economics A Good Course To Study In Nigeria? Take a look at a few things to consider before studying Economics In Nigeria or Abroad.

After reading our post on things to consider before studying Economics, this will help you to steer yourself in the right direction.

Is Economics A Good Course To Study In Nigeria?


Economics is a VERY GOOD COURSE to study in Nigeria or Abroad. It has a wide range of CAREER OPPORTUNITIES.

In fact, Economics is one of the MOST COMPETITIVE and MARKETABLE courses in Nigeria.

This means that Economics is one of the BEST COURSES to consider when choosing a course of study, it’s one of the most sortable degrees worldwide.

Similarly, Economics is Not A Boring Course.

See Most Marketable Courses In Nigeria and How To Choose A course That Fits You.

Why Study Economics?

There are careers that use specific knowledge of economics, for example banks, insurance, accountancy firms, businesses and in government.

These jobs may involve identifying financial risks or making decisions about where a company or a government should invest its resources in the future.

There are also roles for economists in think tanks and consultancies that advise governments and companies on public policy, such as how to deal with the Greek debt crisis.

More broadly, an economics degree helps prepare you for careers that require numerical, analytical and problem solving skills – for example in business planning, marketing, research and management.

Economics helps you to think strategically and make decisions to optimise the outcome.

Things To Consider Before Studying Economics

  1. There is a clear career path

  2. Economics is fascinating

  3. There’s high demand for Economics professionals in Nigeria

  4. It’s a stable and growing job field

  5. Economics is intellectually challenging

  6. Economics offers financial stability and job security

  7. You’ll have the potential for professional growth

  8. The earning potential is favorable

  9. You can work where you want to work

  10. There is entrepreneurial potential

  11. The work can seem dull

  12. There is a busy season

  13. The work can be stressful

  14. Economics books are expensive

  15. You must like Mathematics

Requirements To Study Economics In Nigeria

Below are the requirements for candidates that wish to Study Economics.

  1. For a start, you need to have at least 5 credit passes in your O’level result (WAEC, NABTEB, or NECO) including English and Mathematics not more than two (2) sittings before you can study Economics. Nevertheless, some schools required one sitting.
  2. You must have reached the AGE of sixteen (16) by the 31st day of October in the year of admission.
  3. Meet your school Economics Cut off Mark.
  4. Choose Correct JAMB Subject Combination or Economics.
  5. Have a good JAMB score.
  6. Have a good O’level And A’level result
  7. You must have a good Post UTME Score that’s if ANY.

Now that you know the Requirements To Study Economics In Nigeria and Everything about Economics, Is Economics A Good Course To Study In Nigeria?

Now that you’ve got a better grasp of the pros and cons of an Economics career, take the time to evaluate whether this is the field for you.


  1. JAMB Subject Combination For Economics
  2. Cut Off Mark For Economics
  3. Best Universities To Study Economics in Nigeria
  4. Universities Offering Economics In Nigeria
  5. JAMB Subject Combination For All Courses
  6. JAMB Form (UTME and Direct Entry)
  7. UTME Syllabus For All Courses

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