The degree program in Economics was launched in the year 1990/2000 academic year at unity university college. The program has received accreditation from the Ministry of education.

As Ethiopia faces the challenge of developing its economy, particularly in the context of global trade, there is a growing need for professional economists in both the private and public sectors.

The degree program aims to train business-oriented economists with a broad range of knowledge and skills. Particular attention is paid to developing the entrepreneurial skills of students so that they have the skills to establish their own business when they graduate.