Jamb Economics Cbt Exam (2025/2026): Full List Of Most Repeated Topics & Past Questions
Are you preparing for the 2025/2026 JAMB Economics CBT exam? Whether you want to study Economics, Accounting, Business Administration, Finance, or Social Sciences, this subject is very important.
JAMB questions don’t change much—they repeat. So, if you want to pass Economics fast, focus on what has been asked before. In this guide, you’ll find:
-
The most repeated JAMB Economics topics
-
Sample past questions
-
Important concepts and terms
-
Study tips to boost your score
JAMB Economics Exam Format
Feature | Details |
---|---|
Exam Format | Computer-Based Test (CBT) |
Number of Questions | 40–50 Multiple-Choice Questions |
Duration | 45–60 minutes |
Key Areas Covered | Microeconomics, Macroeconomics, Trade, Money & Banking, Population, National Income |
Most Repeated Topics in JAMB Economics
Focus more on the following topics. They appear frequently and are important for scoring high.
Main Topic | Sub-Topics to Study |
---|---|
Basic Economic Concepts | Scarcity, choice, scale of preference, opportunity cost |
Demand and Supply | Law of demand/supply, elasticity, market equilibrium |
Production | Types, factors of production, division of labour |
Market Structures | Perfect competition, monopoly, oligopoly |
Money & Banking | Functions of money, central bank, commercial banks |
National Income | GDP, GNP, income measurement |
Public Finance | Government revenue and expenditure, budget |
Population & Labour | Population theories, employment, migration |
International Trade | Balance of trade/payment, imports and exports |
Economic Growth & Planning | Indicators, development plans in Nigeria |
Most Frequently Appearing Topics (2015–2024)
Topic | Frequency |
---|---|
Demand and Supply | ✅✅✅✅✅✅✅✅✅ |
Production | ✅✅✅✅✅✅✅ |
Market Structures | ✅✅✅✅✅✅✅ |
Money and Banking | ✅✅✅✅✅✅✅ |
National Income | ✅✅✅✅✅ |
International Trade | ✅✅✅✅✅ |
Sample Past Questions (JAMB Economics)
1. The basic economic problem is...
A. How to produce
B. For whom to produce
C. What to produce
D. Scarcity of resources
✅ Correct Answer: D
2. What is the effect of an increase in supply?
A. Price falls
B. Price rises
C. Demand increases
D. Cost of production increases
✅ Correct Answer: A
3. If the price of rice increases and the demand for beans also increases, the two goods are...
A. Substitutes
B. Complements
C. Luxury goods
D. Inferior goods
✅ Correct Answer: A
4. Which of the following is NOT a function of the central bank?
A. Issuing currency
B. Lending to the public
C. Acting as banker to the government
D. Regulating commercial banks
✅ Correct Answer: B
Key Economics Concepts & Definitions
Concept | Definition |
---|---|
Opportunity Cost | The next best alternative forgone |
Elasticity | Responsiveness of demand or supply to changes in price |
GDP | Gross Domestic Product – total value of goods and services produced |
Monopoly | A market with only one seller |
Public Debt | Money owed by the government to individuals or institutions |
Top Study Tips to Pass JAMB Economics
-
Focus on repeated topics – Don’t try to study the whole syllabus at once. Start with key areas.
-
Practice with CBT apps – These simulate the actual exam environment.
-
Solve past questions daily – Time yourself as you do.
-
Understand graphs and tables – Demand and supply curves often come up.
-
Don’t cram, understand – Know why answers are correct and not just what they are.
FAQs
Q1: How many questions are in the JAMB Economics exam?
A: Usually 40 to 50 multiple-choice questions.
Q2: Does JAMB repeat past questions?
A: Yes. Many questions are repeated with slight rewording.
Q3: What is the best textbook for JAMB Economics?
A: Comprehensive Economics for Senior Secondary Schools by O.A. Lawal is commonly used.
Q4: Can I score above 250 in JAMB Economics?
A: Yes. If you focus on repeated topics and practice consistently.
Final Thoughts
To score high in JAMB Economics 2025/2026, your strategy should be:
🎯 Focus on repeated topics
📚 Practice past questions
🧠 Understand basic economic terms and calculations
With these tips, you’ll be better prepared and more confident on exam day.