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Jamb Economics Syllabus + Cbt Exam Success Tips (2025/2026): Official Guide

Are you preparing for JAMB Economics in the 2025/2026 UTME? Economics is a key subject for candidates pursuing courses like Economics, Accounting, Business Administration, Banking, and Finance. Mastering the official syllabus and understanding the CBT exam pattern is essential for success. This official guide provides the full JAMB Economics syllabus, the exam format, actionable success tips, and helpful FAQs.


JAMB Economics Syllabus (2025/2026)

The JAMB Economics syllabus focuses on assessing candidates’ understanding of economic concepts, principles, data interpretation, and their practical application.


1. Basic Economic Concepts

Topics What to Study
Economics as a Science Definition, methodology, basic economic problems
Scale of Preference Opportunity cost, choice, production possibility curve
Utility Concepts Total, average, marginal utility

2. Production and Factors of Production

Topics What to Focus On
Meaning and Types of Production Primary, secondary, tertiary production
Factors of Production Land, labour, capital, entrepreneur
Division of Labour Specialization and its advantages/disadvantages
Production Possibility Curve Explanation, importance

3. Theory of Demand and Supply

Topics What to Study
Law of Demand and Supply Curves, determinants, shifts, movements
Price Determination Equilibrium price, effects of price control
Elasticity Concepts Price, income, and cross elasticity of demand/supply

4. Market Structures

Topics What to Focus On
Types of Market Perfect competition, monopoly, monopolistic competition, oligopoly
Features and Price Determination Characteristics and price/output decisions

5. Money and Financial Institutions

Topics What to Study
Money: Types and Functions Evolution, characteristics, functions
Commercial Banks Functions, credit creation
Central Bank Functions, differences from commercial banks
Money Market and Capital Market Instruments, differences

6. National Income

Topics What to Focus On
Concepts of National Income GDP, GNP, NNP, per capita income
Measurement Methods Income, expenditure, and output approaches
Problems of Measurement Challenges in developing countries

7. Public Finance

Topics What to Study
Government Revenue Taxes, fees, grants
Government Expenditure Capital and recurrent expenditure
Budget Types Balanced, surplus, deficit
Fiscal Policy Definition, tools, and effects

8. Economic Growth and Development

Topics What to Focus On
Meaning and Indicators GDP growth, per capita income, HDI
Factors Influencing Growth Investment, technology, infrastructure
Problems of Development Poverty, unemployment, inflation

9. International Trade and Balance of Payments

Topics What to Study
Foreign Trade Advantages and disadvantages
Balance of Payments Components: current and capital accounts
Exchange Rate Systems Fixed, flexible, black market issues
Trade Restrictions Tariffs, quotas, import bans

10. Population and Labour Market

Topics What to Focus On
Meaning of Population Census, demographic concepts
Population Theories Malthusian, Optimum population
Labour Market Demand/supply of labour, wage determination
Unemployment Types, causes, and solutions

11. Economic Planning and Development Institutions

Topics What to Study
Economic Planning Types, objectives, and challenges
Development Agencies ECOWAS, IMF, World Bank, African Development Bank
Structural Adjustment Programme (SAP) Features, objectives, criticisms

12. Privatization and Commercialization

Topics What to Focus On
Definitions Privatization vs. Commercialization
Advantages and Disadvantages Economic impacts

JAMB Economics CBT Exam Format

Exam Section Details
Number of Questions 40 multiple-choice questions
Exam Type Computer-Based Test (CBT)
Question Format Objective, 4-option answers
Exam Duration Combined with other subjects (Total 2 hours)

Top Success Tips for JAMB Economics CBT Exam

Success Tip Why It’s Important
Study Only the JAMB Syllabus Avoid wasting time on unnecessary topics
Master Demand, Supply & Elasticity Frequently tested in JAMB
Understand Market Structures Key topic every year
Solve Calculation Questions Be ready for elasticity, national income, costs
Practice Data Interpretation Graphs and tables appear regularly
Focus on Fiscal Policy & Money Always present in exam
Study Public Finance Concepts Government revenue, expenditure questions appear
Solve JAMB Past Questions Many are repeated in CBT exams
Take CBT Mock Exams Improve your speed and time management
Avoid Guessing Unnecessarily Eliminate wrong answers before choosing

FAQs About JAMB Economics Exam

1. How many questions are in JAMB Economics?
40 multiple-choice questions.

2. Does JAMB Economics involve calculations?
Yes. Expect calculations in elasticity, national income, and revenue/expenditure.

3. Does JAMB repeat Economics questions?
Yes. Past questions often reappear with slight modifications.

4. Are tables and graphs used in JAMB Economics?
Yes. Learn to interpret data from graphs, charts, and tables.

5. Recommended textbooks for JAMB Economics?

  • Comprehensive Economics for Senior Secondary Schools by J. U. Anyaele

  • Essential Economics for Senior Secondary Schools by C. E. Ande

  • JAMB Past Questions and Answers for Economics


Conclusion

Success in JAMB Economics depends on mastering the official syllabus, solving past questions, understanding definitions, theories, and practical applications of concepts like demand, supply, money, national income, population, and trade. Practice data interpretation questions and focus on calculations.

With steady preparation, scoring 70+ marks in JAMB Economics is absolutely possible.

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Ikiodiete George

Hello! I'm Ikiodiete M. George, a visionary digital entrepreneur on a mission to empower online success. As Founder & COO of Lucretia Technologies Ltd, I drive innovation and growth. I'm a passionate content writer and editor, dedicated to creating informative and engaging content that helps others succeed online. My goal is to help individuals thrive online, earning a sustainable income. I'm dedicated to fostering a supportive community, sharing expertise, and guiding like-minded individuals toward achieving their online aspirations.


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