NATIONAL OPEN UNIVERSITY OF NIGERIA 
                             
                             
                             
                             
                             
                     SCHOOL OF EDUCATION 
                             
                             
                             
                     COURSE CODE:  EDU 726 
                             
                             
                             
                             
                 COURSE TITLE:  ECONOMICS METHODS
                                   EDU 726                                                                                                                                                                        ECONOMICS 
                                   METHODS 
                                     
                                     
                                     
                                    COURSE  
                                    GUIDE 
                                    
                                   EDU 726 
                                   ECONOMICS METHODS 
                                                                
                                   Course Developer            Dr. E. O. Adu 
                                                               Teacher Education Department 
                                                               University of Ibadan 
                                                               Ibadan, Oyo State 
                                                         
                                   Course Writers       Dr. E. O. Adu 
                                                               Teacher Education Department 
                                                               University of Ibadan 
                                                               Ibadan, Oyo State 
                                                                
                                                               Mr. T. O. Ajadi 
                                    
                                                               School of Education 
                                                               National Open University of Nigeria 
                                                               Victoria Island, Lagos 
                                                         
                                   Course Editor        Dr J.O Adeagbo 
                                                               School of Arts and Social Sciences 
                                                               Oyo state college of Education 
                                                               Oyo. 
                                                                
                                   Course Co-ordinator         Mr E.C Ibara 
                                                               School of Education 
                                                               National Open University of Nigeria   
                                                               Victoria Island, Lagos  
                                                                
                                   Programme Leader            Dr.I.O Salawu 
                                                               School of Education 
                                                               National Open University of Nigeria  
                                                               Victoria Island, Lagos 
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                   NATIONAL OPEN UNIVERSITY OF NIGERIA 
                                    
                                    
                                    
                                   National Open University Of Nigeria 
                                   Headquarters 
                                   14/16 Ahmadu Bello Way 
                                   Victoria Island 
                                    
                                    
                                    
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                    EDU 726                                                                                                                                                                         ECONOMICS METHODS 
                                                        
                                                        
                                                       Lagos 
                     
                    Abuja Annex 
                    245 Samuel Adesujo Ademulegun Street 
                    Central Business District 
                    Opposite Arewa Suites 
                     
                    E-Mail:  Centralinfo@Nou.Edu.Ng 
                    URL:    Www.Nou.Edu.Ng 
                     
                    National Open University Of Nigeria 2006 
                     
                    First Printed 2006 
                     
                    ISBN:  978-058-687-3 
                     
                    All Rights Reserved 
                     
                    Printed By …………….. 
                    For 
                    National Open University Of Nigeria 
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
                                                                                              
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                                   EDU 726                                                                                                                                                                        ECONOMICS 
                                   METHODS 
                                                                                             
                                                                                             
                                   TABLE OF CONTENT                                                           PAGE 
                                                                                                    
                                   Introduction ……………………………………………....                              1 
                                   Course Aims ……………………………………………...  1 
                                   Course Objectives ………………………………………..                             1 - 2 
                                   Working through this Course …………………………….                        2 
                                   The Course Material ……………………………………...                           2 
                                   Study Units ……………………………………………….  2 - 3 
                                   Textbooks ………………………………………………...  3 
                                   Assessment ……………………………………………….  4 
                                   Tutor Marked Assignment ……………………………….                           4 
                                   Summary …………………………………………………  4 -5 
                                   Introduction 
                                    
                                   The course will consist of 14 units divided into 3 modules which give  
                                   the   students   basic   knowledge   of   economics   education.   The   course  
                                   spreads through areas like economics education in Nigeria secondary  
                                   school,   scope   of   economics   education,   methods   and   techniques   of  
                                   teaching economics. Studying economics is like studying our daily life  
                                   because in economics activities, the individual does job to earn a living  
                                   and  study   his   many   wants   or   needs   which   include       food,   clothing,  
                                   housing and so on. For example, there are individual farmers, business  
                                   people and other workers who produce goods and services to satisfy the  
                                   needs of consumers. The government strives to provide services for the  
                                   welfare of the citizens in the state. Nations trade among themselves, and  
                                   many international organizations exist to promote the economic well- 
                                   being of mankind. 
                                    
                                   Course Aims 
                                    
                                   The aim of this course can be summarized as follows: to provide an  
                                   understanding and appreciation of some economic concepts that enhance  
                                   values in learners so that they can contribute meaningfully to the growth  
                                   and development of the society in which they find themselves, and in  
                                   the educational system in particular. 
                                    
                                   Course Objectives 
                                    
                                   To   achieve   these   aims,   the   course   has   overall   objectives   being  
                                   synthesized   from   the   specific   objectives   of   each   unit.   After   going  
                                   through this course, you should be able to: 
                                           
                                          •  Explain the concept economics and economics education 
                                          •  Identify   the   causes   of   the   late   coming   and   acceptance   of  
                                             economics into the secondary schools curriculum 
                                    
                                    
                                    
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