The Department of Economics and Development Studies was established at the inception of the University in 2002. Four years later, in 2006, she graduated her first set of 124 students. In 2005 the Department had an interim accreditation and this became a full-fledged accreditation in 2007. The latest NUC accreditation exercise in 2015 also resulted in full accreditation status of the Department. Economics as a programme started in the Department of Strategic Studies, in 2002. The programme had initial staff strength of 5 academic staff with 153 students. Then and now, the Department provides services for her students of this programme, as well as students of other Departments in the University. In September 2004, the programme became an autonomous Department. It became known as the Department of Economics and Development Studies housing two programmes: (1) Economics (2) Demography and Social Statistics. As at 2009/2010, the Economics programme of the Department had 431 students made up of 114, 111, 100 and 106 students in 100, 200, 300 and 400 levels, respectively. The Demography and Social Statistics Programme similarly has a total number of 97 students made up of 32, 31, 19, and 15 in 100, 200, 300, and 400 levels respectively. This gives a total students’ population of 528. Presently, the Department has total academic staff strength of 35 made up of 5 Professors, 9 Senior Lecturers, 11 Lecturers, and 10 Assistant Lecturers. In addition, the Postgraduate programme of the Department is been handled by a number of scholars who are mostly in the senior lectureship and professorial cadres.