LIST OF REASONS

INTRO:   Aristotle said that man is a political animal. He said the truth. However, it is no less a truth that man is also an economic animal. Economics is a field of study, one of those that have attracted the definitional interests of scholars. A couple of the definitions will concern us here. In his  magnum opus  (greatest work) published in 1776, and titled, Inquiry into the Nature and Causes of the Wealth of Nations (Wealth of Nations for short), Adam Smith defined economics as an inquiry into the nature and causes of the wealth of the nations. This is a way of saying that economics is a study which focuses on the nature of the wealth of nations, and the study of the things that make nations wealthy. This definition captures the economics of the state in a broad subject of political economy (macro-economics). But then, economics is more than that, including individual persons’ economics (micro-economics). The ability of Professor Lionel Robbins to capture the individuals in his de

  The justification for undergoing training in psychology in Nigeria and even elsewhere is to gain insight into human mind and behaviour towards greater knowledge and acquisition of skills for management of oneself and others. William Shakespeare once wrote in Macbeth that there is no art to find the mind’s construction in the face, but psychology undertakes to walk the tight rope of investigating human mind, this time, not in the face, but by keen observation of behaviours and personalities. The etymology of psychology is rooted in Greek words:  psyche  and  logos  which mean mind and study respectively, so that psychology is loosely described as the study of mind (Baral, 2019). But then, J.B. Watson who is the father of psychology, and other psychologists have insisted that the discipline has to do with behaviour and mental processes of human beings and animals. Psychology is divided into two main branches: pure psychology and applied psychology. Under pure psychology, there are: Gen