VOlUME 04 ISSUE 10 OCTOBER 2025
1Dr. Sheidu Kamoru Olanrewaju, , 2UBOGU CYNTHIA UCHE (M.ED)
1,2Department of Arts and Social Sciences Education Faculty of Education University of Lagos, Akoka,Yaba, Nigeria
DOI : https://doi.org/10.58806/ijsshmr.2025.v4i10n16Google Scholar Download Pdf
ABSTRACT
An economics curriculum can serve as a strong catalyst for graduate employability and human capital development by equipping students with valuable skills and knowledge relevant to the societal needs. The economics curriculum plays a crucial and significant role in shaping students with the in-demand skills and knowledge that is required as graduates, ultimately influencing their employability in the job market. By focusing on practical application, critical thinking and relevant industry knowledge, economics graduates can be better prepared for the work force and contribute to economic growth. This study critically examines the role of the economics curriculum as a fundamental driver of graduate employability in Nigeria and beyond highlighting the key skills and competencies that can be developed through an economics curriculum. Amidst rising levels of unemployment, especially among young graduates, the research explores how an outdated, theory-based curriculum has failed to bridge the gap between academic training and market realities. By examining the current state of economics education and its relevance to industry needs, this paper argues that an economics curriculum can serve as a catalyst for graduate employability. Using the lens of human capital theory, the paper underscores the urgent need for an inclusive and responsive economics curriculum that prioritizes employability skills, such as problem-solving, analytical reasoning, digital literacy, entrepreneurship, and communication. The study adopts a descriptive survey methodology involving selected universities, recent graduates, and employers. It reveals that a curriculum integrated with real-world applications, experiential learning, and industry input significantly improves the chances of graduate employability. The study recommends a national-level curriculum reform involving collaboration among universities, industries, professional bodies, and government agencies. Such collaboration will enhance the relevance of economics education and contribute to national development by reducing graduate unemployment.
KEYWORDS:Economics Curriculum, Employability, Curriculum Reform, Higher Education, Skills Development, Human Capital.
REFERENCES
1) Adebayo, A. M., & Daramola, A. G. (2020). Economics education and employability of graduates in Nigeria. African Journal of Educational Management, 21(1), 45–59.
2) Adepoju, A. A., & Okonkwo, U. C. (2018). Repositioning tertiary education for graduate employability in Nigeria. Journal of Education and Practice, 9(4), 64–71.
3) Ajayi, I. A., & Ekundayo, H. T. (2017). Theoretical perspectives on graduate employability. Journal of Curriculum Studies Research, 2(2), 98–110.
4) Aliu, A., & Ukaegbu, J. (2021). Digital literacy and graduate readiness: Nigerian university perspectives. Higher Education Skills and Work-Based Learning, 11(2), 193–210. https://doi.org/10.1108/HESWBL-06-2020-0109
5) Becker, G. S. (1993). Human capital: A theoretical and empirical analysis with special reference to education (3rd ed.). University of Chicago Press.
6) Becker, W. E., & Watts, M. (2001). Teaching economics to undergraduates: Alternatives to chalk and talk. Edward Elgar Publishing.
7) Duru, E. J., & Iheanacho, M. C. (2022). A critical review of entrepreneurship education and graduate unemployment in Nigeria. Nigerian Journal of Educational Management, 20(1), 55–71.
8) Eze, C. J., & Nwagwu, J. E. (2019). The role of curriculum development in enhancing employability skills among economics graduates. International Journal of Curriculum Development and Evaluation, 5(1), 113–127.
9) Harvey, L. (2000). New realities: The relationship between higher education and employment. Tertiary Education and Management, 6(1), 3–17.
10) Igbokwe, F. C., & Ajayi, A. O. (2021). Competency-based curriculum and graduate employability: Challenges and prospects. Nigerian Journal of Educational Research and Evaluation, 20(3), 45–61.
11) Ike, C. A., & Obika, F. C. (2023). Curriculum reforms and student employability: Evidence from Nigerian public universities. African Journal of Education and Developmental Studies, 10(1), 89–104.
12) Knight, P., & Yorke, M. (2004). Learning, curriculum and employability in higher education. RoutledgeFalmer.
13) Mbah, M. (2019). Curriculum and employability: The role of entrepreneurship education in Nigeria. Journal of Curriculum Studies Research, 1(1), 34–45.
14) Nwagwu, N. A. (2018). Enhancing university-industry linkages for graduate employability. African Journal of Educational Research, 14(2), 99–114.
15) Nwankwo, I. U., & Chukwuma, A. J. (2020). Evaluating economics curriculum content in fostering work-ready skills among undergraduates. Journal of Educational Studies and Policy, 11(3), 87–102.
16) Obasi, I. N., & Okoli, C. (2022). Reassessing economics curriculum in the age of digital disruption. International Journal of Educational Research and Innovation, 9(1), 156–173.
17) OECD. (2020). Skills for jobs database. https://www.oecd.org/skills/skills-for-jobs/
18) Okolie, U. C., Igwe, P. A., & Elom, M. C. (2020). Enhancing graduate employability: Why do higher education institutions have problems with curriculum reforms in Nigeria? Higher Education, Skills and Work-Based Learning, 10(1), 1–15. https://doi.org/10.1108/HESWBL-09-2018-0097
19) Ogunyomi, P. O., & Ojelabi, A. O. (2016). The role of universities in enhancing graduate employability in Nigeria. Journal of Education and Practice, 7(24), 137–143.
20) Okoye, J. K., & Onifade, R. O. (2019). The application of ICT in teaching economics: Implications for curriculum reform. African Journal of Economics and Sustainable Development, 6(2), 42–56.
21) Onwusa, R. O., & Omoniyi, O. (2020). Bridging the academia-industry gap: The case for work-based learning in Nigerian universities. Nigerian Journal of Management Sciences, 15(2), 203–218.
22) Oyelere, M., & Oyeyinka, A. (2017). Economics curriculum and the future of employability: A Nigerian perspective. International Journal of Education Economics and Development, 8(3), 207–222.
23) Siegfried, J. J., & Walstad, W. B. (2014). Research on teaching economics. In M. A. Watts & W. B. Walstad (Eds.), Reforming economics education (pp. 15–38). Edward Elgar Publishing.
24) Teichler, U. (2007). Does higher education matter? Lessons from a comparative graduate survey. European Journal of Education, 42(1), 11–34.
25) World Bank. (2021). World development report 2021: Data for better lives. https://www.worldbank.org/en/publication/wdr2021
26) Yorke, M. (2006). Employability in higher education: What it is – what it is not. Higher Education Academy.
27) Zhou, M., & Brown, D. (2015). Educational learning theories: 2nd edition. Education Open Textbooks. https://oer.galileo.usg.edu/education-textbooks/1
28) Ziderman, A. (2016). Funding mechanisms for higher education: A typology. International Journal of Educational Development, 50, 168–174.
29) Zhao, F., & Jiang, L. (2020). Enhancing employability through entrepreneurship education: A case study of undergraduate programs in China and implications for Nigeria. Global Journal of Education and Training, 18(2), 145–164.
VOlUME 04 ISSUE 10 OCTOBER 2025
Indexed In