Background to the Study

In the recent time, there are growing agitations and calls on developing countries to focus their attention on economics education in order for them to turn around the economic status of their various Countries. It is against this background that the various Nigerian governments have been placing emphasis on the acquisition of economic education in the educational system. This issue led to the formulation of the new national policy on education. (NPE, 2006) which seems to place high emphasis on economics as a subject. Under the new policy economics is to be taught right from secondary school. The aim here is to inculcate into the secondary school student the basic necessity for the learning of economics at the higher levels of education. According to the national policy on education (NPE, 2006) the aim is to provide the students with “a sound basis for economical and reflective thinking” (FEM, 1981 : 146). In essence, the secondary school is considered as the foundation upon which the future of economy in Nigeria is based. It is at this level that the student is introduced into the field of social science to explore it.