The Department of Economics and Development Studies was established at the inception of the University in 2002. Four years later, in 2006, she graduated her first set of 124 students. In 2005, the Department had an interim accreditation and this became a full-fledged accreditation in 2007.
Economics as a programme started in the Department of Strategic Studies in 2002. The programme had initial staff strength of 5 academic staff with 153 students. In September 2004, the programme became an autonomous department. It became known as the Department of Economics and Development Studies housing two programmes: (1) Economics (2) Demography and Social Statistics.