There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

To gain admission into the Nigerian universities (both public and private universities are in every state of the federation including the FCT), a prospective student has to sit for and successfully pass the UME(Universities Matriculation Examination) which is administered by JAMB (Joint Admission and Matriculation Board). Also individual universities regularly screen prospective candidates to make sure they are up to par for university level work in Nigeria.

Obtaining a Bachelor of Arts degree is a goal many individuals set out to achieve. Students who earn a BA usually receive an in-depth education and hands-on training, which may open the doors of opportunity when the time comes for a professional career.