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NATIONAL OPEN UNIVERSITY OF NIGERIA
RESEARCH METHODOLOGY
COURSE CODE: ECO 715
FACULTY OF SOCIAL SCIENCES
DEPARTMENT OF ECONOMICS
COURSE CONTENT DEVELOPERS
Dr Aminu Muhammad Mustapha
Department of Economics and Development Studies,
Faculty of Arts and Social Sciences
Federal University Dutse, Jigawa State - Nigeria
&
Dr (Mrs) Fa’izah Adhama Mukhtar
Department of Economics and Development Studies,
Faculty of Arts and Social Sciences
Federal University Dutse, Jigawa State - Nigeria
Course Content Editor
Prof. Dimis I. Mailafia
Department of Economics
University of Jos
Plateau State
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© 2020 by NOUN Press
National Open University of Nigeria,
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e-mail: centralinfo@nou.edu.ng
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All rights reserved. No part of this book may be reproduced, in any form or by any means,
without permission in writing from the publisher. Printed: 2020 ISBN: 978-058-023-X.
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CONTENT
Introduction
Course Content
Course Aims
Course Objectives
Working through This Course
Course Materials
Study Units
Textbooks and References
Assignment File
Presentation Schedule
Assessment
Tutor-Marked Assignment (TMAs)
Final Examination and Grading
Course Marking Scheme
Course Overview
How to Get the Most from This Course
Tutors and Tutorials
Summary
Introduction
Welcome to ECO: 715 RESEARCH METHODOLOGY
ECO 715: Research Methodology is a three-credit and one-semester postgraduate course
for Development Economics students. The course is made up of twelve units spread across
twelve lectures weeks. This course guide gives you an insight to research and its methods
in social sciences and Economics in particular in a broader way and how to study make use
of the methods in applied research. It tells you about the course materials and how you can
work your way through these materials. It suggests some general guidelines for the amount
of time required of you on each unit in order to achieve the course aims and objectives
successfully. Answers to your tutor marked assignments (TMAs) are therein already.
Course Content
This course is basically on Research Methodology because as you are aspiring to become
a development economist, you must be able to apply the knowledge of research to find
answers to various economic questions and problems. The topics covered include Research
methodology and the philosophy of economic research; identification of researchable
problems and the development of hypotheses or research questions. The course will also
involve a detailed treatment of the methods and problems of collecting relevant research
data, the format for presenting research results (i.e. from designing the table of contents to
referencing or bibliography). Also to be covered are the various methods of establishing
relationships between economic variables; basic elements of model building in economics;
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application of multivariate analysis, correlation and discriminant analysis; tests of causality
Chi-square tests, etc. students will be required to write a seminar paper in this course.
Course Aims
The aim of this course is to give you in-depth understanding of research methodology as
regards:
• Research methodology
• Conceptual and Philosophical foundations of Economic research
• Identification of researchable problems and the development of
hypotheses or research questions.
• Data and its types and manipulation
• Methods of collecting relevant research data,
• Variable types and their measurement
• Sampling
• Basic elements of model building in economics;
• Bivariate and multivariate methods of establishing relationships
between economic variables;
• Common statistical tests in economics
• The format for presenting research results
• Referencing
Course Objectives
To achieve the aims of this course, there are overall objectives which the course is out to
achieve though, there are set out objectives for each unit. The unit objectives are included
at the beginning of a unit; you should read them before you start working through the unit.
You may want to refer to them during your study of the unit to check on your progress.
You should always look at the unit objectives after completing a unit. This is to assist the
students in accomplishing the tasks entailed in this course. In this way, you can be sure you
have done what was required of you by the unit. The objectives serve as study guides; such
that student could know if he is able to grab the knowledge of each unit through the sets of
objectives in each one. At the end of the course period, the students are expected to be able
to:
• be acquainted with all salient aspects of research methodology in accordance with
the current body of scientific literature on this indispensable area of social science
• apply the theoretical knowledge acquired in this course with the appropriate context-
related modifications - be applied to numerous real-life situations in Economics
• stimulate interest in the field as a prospective career field
Demands on Course Participants
• Acquisition and careful application of knowledge
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