Economics is a significant subject in the Joint Admissions and Matriculation Board (JAMB) examination.
It plays a crucial role for candidates applying for courses in business, social sciences, and management fields.
Many students find Economics either straightforward or challenging, depending on their level of preparation.
However, focusing on the most frequently repeated topics and past questions makes success more attainable.
This article provides insights into JAMB’s top repeated Economics topics, commonly asked questions, and the best strategies for achieving a high score.
Is Economics Hard in JAMB?
The difficulty level of JAMB Economics depends on preparation.
Many students consider it manageable because the topics are relatable and applicable to real-life situations.
However, without proper study techniques, some candidates struggle with the subject.
To make Economics easier in JAMB:
Understand fundamental concepts such as demand and supply, national income, and market structures.
1. Study past questions to recognize patterns in how questions are framed.
2. Apply practical knowledge by relating economic theories to everyday events.
3. Use the JAMB Economics syllabus to focus on key areas of concentration.
With consistent practice and the right resources, Economics can become one of the easiest subjects in JAMB.
Does JAMB Repeat Questions in Economics?
Yes, JAMB is known to repeat questions, especially in Economics.
While questions may not appear in the exact same wording, their structure and underlying concepts remain consistent.
For instance, a question about inflation from previous years may reappear but with different numerical values or phrasing.
This makes past questions an essential study tool.
Reviewing them allows candidates to recognize frequently tested topics and improve their problem-solving skills.
Although JAMB modifies questions, mastering repeated topics increases the chances of answering correctly on exam day.
How Many Questions Is Economics in JAMB?
JAMB Economics consists of 40 multiple-choice questions.
These questions cover various economic concepts, including microeconomics, macroeconomics, international trade, and government economic policies.
Since the time allocated for the entire JAMB exam is limited, candidates must manage their time effectively.
Answering 40 questions accurately within the given period requires speed, comprehension, and familiarity with key topics.
What Are the Basic Questions of Economics?
Economics questions in JAMB often assess fundamental principles, definitions, and applications of economic theories.
Some of the basic questions include:
1. What is the difference between microeconomics and macroeconomics?
2. How does demand and supply affect market equilibrium?
3. What are the functions of money in an economy?
4. What factors influence inflation and unemployment?
5. How do fiscal and monetary policies impact economic growth?
By understanding these basic questions, students can answer complex problems more efficiently.
JAMB Top Repeated Topics and Questions for Economics 2025
JAMB frequently tests certain Economics topics. To improve performance, candidates should concentrate on the most commonly repeated ones.
1. Demand and Supply
Law of demand and law of supply
Factors affecting demand and supply
Market equilibrium and price determination
2. Elasticity of Demand and Supply
Price elasticity, income elasticity, and cross elasticity
Measurement and applications of elasticity
3. National Income
Methods of measuring national income (GDP, GNP, NNP)
Uses and limitations of national income accounting
4. Market Structures
Perfect competition, monopoly, oligopoly, and monopolistic competition
Characteristics and pricing strategies in different markets
5. Money and Banking
Functions and characteristics of money
Role of central banks and commercial banks
Monetary policies and their impact on the economy
6. Inflation and Unemployment
Causes and effects of inflation
Types and solutions to unemployment
7. Public Finance
Government revenue and expenditure
Taxation and its effects on the economy
8. International Trade
Balance of trade vs. balance of payments
Comparative advantage and trade policies
9. Economic Development and Planning
Indicators of economic development
Government policies for economic growth
10. Agricultural and Industrial Economics
Importance of agriculture to economic development
Industrialization and its role in national growth
By focusing on these topics, students can gain a deeper understanding of JAMB Economics and improve their performance.
Economics JAMB Past Questions and Answers
Studying past questions is one of the most effective ways to prepare for JAMB Economics.
Below are some commonly repeated questions:
1. Demand and Supply Question
If the price of a commodity increases and the quantity demanded decreases, this illustrates the:
A. Law of supply
B. Law of demand
C. Elasticity of demand
D. Equilibrium price
Correct Answer: B (Law of demand)
2. National Income Question
Which of the following is not a method of measuring national income?
A. Output approach
B. Input approach
C. Income approach
D. Expenditure approach
Correct Answer: B (Input approach)
3. Money and Banking Question
The central bank uses which of the following to control inflation?
A. Taxation
B. Open market operations
C. Foreign exchange
D. Consumer price index
Correct Answer: B (Open market operations)
4. International Trade Question
Which of the following is a major advantage of international trade?
A. Increased self-sufficiency
B. Comparative advantage
C. Reduced government spending
D. Elimination of import duties
Correct Answer: B (Comparative advantage)
By solving past questions consistently, candidates can familiarize themselves with the JAMB Economics question format and improve their confidence.
FAQs on JAMB Economics
1. Is Economics Hard in JAMB?
Economics is not difficult if candidates study efficiently.
Understanding key topics, practicing past questions, and applying economic principles to real-life situations makes the subject easier.
2. Does JAMB Repeat Questions?
Yes, JAMB repeats questions in Economics, though they may be restructured or modified.
Reviewing past questions helps candidates recognize commonly tested topics and improve accuracy.
3. How Many Questions Is Economics in JAMB?
JAMB Economics consists of 40 multiple-choice questions.
Candidates need to manage their time effectively to answer all questions within the allotted time.
4. What Are the Basic Questions of Economics?
Basic Economics questions cover topics like demand and supply, inflation, national income, and money and banking.
Mastering these fundamental concepts improves exam performance.
5. JAMB Top Repeated Topics and Questions for Economics 2025
The most frequently tested Economics topics include demand and supply, elasticity, national income, market structures, inflation, international trade, and public finance.
6. Economics JAMB Past Questions and Answers
Past JAMB Economics questions focus on fundamental concepts such as money and banking, fiscal policies, price determination, and economic development.
Practicing them enhances problem-solving skills.
Conclusion
JAMB Economics can be tackled successfully with the right approach.
By focusing on frequently tested topics, solving past questions, and understanding economic concepts, candidates can improve their performance.
Time management, strategic answering techniques, and consistent revision are crucial for achieving a high score.
With adequate preparation, JAMB Economics becomes an easy subject to pass.