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University of Lagos - UNILAG
speciality: Economics

4.3

What Is an Economics Degree?

Are you passionate about the business and finance sector? Do you follow the national and international news? Then, an Economics degree is the answer. It has always been one of the most sought-after degrees amongst youth. 

Economics degrees are designed to tackle all the issues that have an impact on financial situations, ranging from production to how resources are used. Candidates are trained to understand how the economy suffers fluctuations based on the market’s needs and wants followed by the market’s supply and demand.

By far one of the most crucial elements is that economics is divided into microeconomics and macroeconomic. Microeconomics deals with the economic behaviour at an individual level (companies, buyers, sellers and others), whilst macroeconomics illustrates the bigger picture, on a national or global scale (unemployment, economic growth, inflation and so on).

Benefits of an Economics Degree

Having an economics degree increases anyone’s chances to find a job, regardless of the field. This is mainly due to the fact that graduates hold many transferable abilities, such as analytical and problem-solving skills, that are suitable for any career. 

A study made by the London School of Economics and Political Science showed that graduates from an economics course have a starting salary of £33,000 per year. Having a job in the field right after graduation is a major positive aspect and comes with a lot of opportunities for career advancement.

Economics Degree Structure

Economics degrees are usually a three years commitment and sometimes are offered as part of a joint degree. This means that Economics can be studied along with another subject such as engineering, management, law, computer science and others.

This degree can be found either as a Bachelor of Science (BSc) or Bachelor of Arts (BA). The BSc focuses more on economical theory and statistical techniques, while BA is combined with social sciences and qualitative modules. 

10 Student Reviews

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  • Economics
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    Unilag: Where opportunities meet obstacles

    The University of Lagos (UNILAG) is a renowned institution known for its academic excellence and vibrant campus life.
    Unilag offers a rich academic experience, with opportunities for growth and development. While it’s not without its challenges, I find the experience rewarding and recommend the university to prospective students. If you’re considering Unilag, be prepared for a dynamic and sometimes demanding environment, but also be open to learning and taking advantage of the resources available.

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    Programme: Economics
    Degree: Master's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Lagos
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  • Economic and ...
    Social Sciences
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    Honest Thoughts About Unilag

    Graduating from the University of Lagos was a major milestone for me. UNILAG is one of those schools that leaves a lasting impression, both the good and the not so good.

    On the positive side, the quality of education was solid. I had the chance to learn from some truly brilliant lecturers who challenged us to think differently and push beyond our comfort zones. The diversity on campus also helped shape my perspective. I met people from all walks of life, and that experience alone was priceless.

    UNILAG definitely prepared me for the real world. It taught me resilience, how to think on my feet, and how to make the most of limited resources. The hustle culture on campus is real, but in a way, it builds you up.

    That said, not everything was smooth. The administrative system could be frustrating with long queues, last minute changes, and plenty of back and forth just to get simple things done. Accommodation was another issue. Getting a decent space was tough, and some facilities really needed attention. It wasn’t always easy, but we found ways to cope.

    Looking back, I’m grateful. UNILAG helped shape who I am today. It wasn’t perfect, but it was real, and for that, I’ll always carry the experience with pride and perspective.

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    Programme: Economic and Social Sciences
    Degree: Bachelor's
    Graduation: 2015
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
    Lucky
    My Stay at the University Of Lagos

    It is a very beautiful school with different social categories; from party to religion to academics, it has a beautiful lagoon frontage for relaxation.
    The lecturers are quite thorough and you have to be really disciplined to come out excellently.

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    Programme: Economics
    Degree: PhD
    Graduation: 2029
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
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    From Humble Roots to Success at UNILAG

    I come from a humble background, and I’m the first person in my family to graduate from university. Studying Economics at the University of Lagos was a big deal for me because it changed my life.

    What I liked most about the school was how the teachers explained things in a way I could understand. The Economics course wasn’t just about reading books — we did projects and group work that helped me learn how the economy works and how money moves around. These activities also helped me get better at working with others and speaking in front of people. Because of this, I was able to get a job at a bank after I graduated.

    On the downside, sometimes the classes were very big, so it was hard to get one-on-one help. Also, dealing with some school paperwork could be slow and frustrating. The school buildings and facilities could also be better.

    Even with these problems, I still recommend the University of Lagos to anyone who wants to learn and succeed. It gave me the chance to learn Economics and build my confidence, which helped me change my life.

    In short, UNILAG didn’t just teach me about Economics — it helped me believe in myself and gave me a path to a better future.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2020
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
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    Academic Rigor and Knowledge.

    What I Liked:
    Overall, I have a very positive opinion of the University of Lagos. One thing I really appreciated was the strong academic foundation it provided. The lecturers were knowledgeable, and many were passionate about their fields. I also liked the vibrant campus life — there were opportunities for leadership, networking, and personal growth outside the classroom. UNILAG challenged me to think critically, work hard, and adapt — all skills that have served me well professionally.

    What I Disliked:
    Like many public universities, there were challenges — sometimes administrative delays or limited access to resources, especially when it came to infrastructure or lab equipment. But I saw it as part of the learning process, and it taught me to be resourceful and patient.

    Would I Recommend It?
    Yes, I would recommend the University of Lagos, especially to students who are self-motivated and want a solid academic base. If you take full advantage of the opportunities — both academic and extracurricular — you’ll come out not just with a degree, but with resilience, experience, and perspective.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2009
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
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    "UNILAG: A Top Academic Choice"

    Opinion about the University:
    The University of Lagos (UNILAG) is a prestigious institution with a rich academic history. Its status as one of Nigeria’s first-generation universities and top-ranked in Africa reflects its academic excellence and commitment to research. The campus facilities and academic resources contribute to a conducive learning environment, particularly for a field like Economics Education.

    Likes/Dislikes:
    I appreciated the diverse academic community, the quality of the faculty, and the access to various academic resources, which enhanced my learning experience. However, challenges such as administrative inefficiencies and infrastructural gaps in some departments were areas I found less satisfactory.

    Recommendation:
    Yes, I would recommend UNILAG for students interested in pursuing a strong academic foundation in their chosen fields. Its vibrant student culture and academic rigor offer a well-rounded university experience.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2023
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
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    Always put in your best

    Unilag is really a place where you learn how to live and handle life. You get to experience everything. Most importantly, you will learn to do things yourself and put in your best.
    It is not all rosy and smooth there but if you know what you want, you do your best to get it.
    I can’t forget my journey through this school.

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics
    Simisola
    School environment

    I personally think it’s the best federal school in the country
    It’s well equipped and the facilities are great that way letting students learn more
    And lecturers too are highly professional
    I totally recommend

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    Programme: Economics
    Degree: Bachelor's
    Graduation: 2026
    Delivery Type: On Campus
    Campus: Lagos
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  • Economics and ...
    Statistics
    Victor
    University of lagos

    University of lagos is a cool and nice place where students from all and sundry can come and get quality knowledge and education.
    The dislike aren’t much just a little renovation and quality facilities to help boast the learning skills of the students.
    The university offers quality and i did recommend it to any students.

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    Programme: Economics and Statistics
    Degree: Bachelor's
    Graduation: 2024
    Delivery Type: Online
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  • Economics
    avatar
    Lecturers

    The program was good. The learning environment was moderately conducive. Majority of the lecturers were young and agile. I don’t like the fact that some of the Lecturers make themselves unapproachable.

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    Programme: Economics
    Degree: Master's
    Graduation: 2015
    Delivery Type: On Campus
    Campus: Lagos
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