JAMB Economics Syllabus 2024 [Free PDF Download] 

JAMB Economics Syllabus 2024 [Free PDF Download]

Introduction

Economics is one of the most popular and important subjects for students who want to study social sciences, management, or related courses in Nigerian universities. To gain admission into these courses, you need to pass the Unified Tertiary Matriculation Examination (UTME) conducted by the Joint Admission and Matriculation Board (JAMB).

JAMB Economics Syllabus

The UTME is a computer-based test that assesses your knowledge and skills in four subjects, one of which must be Economics. To prepare well for the Economics exam, you need to study the JAMB Economics Syllabus 2024, which is the official guide that contains the topics, objectives, and recommended textbooks for the subject.

In this blog post, we will provide you with a comprehensive overview of the JAMB Economics Syllabus 2024, how it can help you pass your JAMB exam, and how to download it for free. We will also give you some tips and tricks on how to study and practice with the syllabus, and what to expect from the exam questions.

JAMB Economics Syllabus 2024: What is it and why do you need it?

The JAMB Economics Syllabus 2024 is a document that outlines the scope and content of the Economics subject for the UTME. It is divided into 23 topics, each with specific objectives, sub-topics, and recommended textbooks. The syllabus also indicates the areas of concentration and the likely areas where JAMB will set Economics questions.

The JAMB Economics Syllabus 2024 is essential for you to study because it helps you to:

  • Know the topics and sub-topics that you are expected to cover for the exam.
  • Understand the objectives and learning outcomes of each topic and sub-topic.
  • Identify the relevant and reliable textbooks and materials that you can use to study and practice.
  • Focus your attention and time on the areas that are most important and likely to be tested.
  • Avoid wasting your time and energy on irrelevant or outdated information that is not in the syllabus.
  • Prepare adequately and confidently for the exam and score high marks.

JAMB Economics Syllabus 2024: How to Download it for Free

You can download the JAMB Economics Syllabus 2024 for free from the official JAMB website or from other reputable sources online. To download it from the JAMB website, follow these steps:

  • Visit the JAMB website at www.jamb.gov.ng.
  • Click on the “Syllabus” tab on the homepage.
  • Select “Economics” from the list of subjects.
  • Click on the “Download” button to save the PDF file on your device.

JAMB Economics Syllabus 2024: An Overview

The JAMB Economics Syllabus 2024 covers 23 topics that span the major areas and branches of Economics. These topics are:

  1. Economics as a Science
  2. Economic Systems
  3. Methods and Tools of Economic Analysis
  4. The Theory of Demand
  5. The Theory of Consumer Behaviour
  6. The Theory of Supply
  7. The Theory of Price Determination
  8. The Theory of Production
  9. Theory of Costs and Revenue
  10. Market Structures
  11. National Income
  12. Money and Banking
  13. Inflation
  14. Public Finance
  15. Economic Growth and Development
  16. International Trade
  17. Balance of Payments and Exchange Rates
  18. Population
  19. Labour Market
  20. Agriculture
  21. Petroleum and the Nigerian Economy
  22. Industrialization
  23. Environmental Economics

Each topic has its own objectives, sub-topics, and recommended textbooks. The objectives state what you are expected to know and do after studying the topic. The sub-topics break down the topic into smaller and more specific units. The recommended textbooks are the books that you can use to study and practice the topic.

For example, the first topic, Economics as a Science, has the following objectives, sub-topics, and recommended textbooks:

Objectives:

  • Define Economics as a science
  • Explain the basic concepts of Economics
  • Identify the economic problems of society

Sub-topics:

  • Basic Concepts: Wants, Scarcity, Choice, Opportunity Cost, Rationality, Production, Distribution, Consumption, etc.
  • Economic Problems of: What, How, and For Whom to Produce

Recommended Textbooks:

  • Aderinto, A.A et al (2000) Economics: Exam Focus, Ibadan: University Press Plc.
  • Black, J. (1997) Oxford Dictionary of Economics. Oxford: Oxford University Press
  • Eyiyere, D.O. (1980) Economics Made Easy, Benin: Ilupeju Press Ltd.
  • Fajana, F et al (1999) Countdown to SSCE/JME Economics Ibadan: Evans
  • Lipsey, R.G (1979) An Introduction to Positive Economics, London: George Allen and Unwin
  • Samuelson, P and Nordhaus, W. (1989) Economics, Singapore: McGraw-Hill
  • Udu E and Agu G.A. (2005) New System Economics: a Senior Secondary Course, Ibadan: Africana FIRST Publishers Limited.

JAMB Economics Syllabus 2024: Compulsory and Recommended Textbooks

The JAMB Economics Syllabus 2024 provides a list of compulsory and recommended textbooks for each topic. The compulsory textbooks are the ones that you must use to study and practice the topic. The recommended textbooks are the ones that you can use to supplement and enhance your understanding of the topic.

The compulsory textbooks for the JAMB Economics Syllabus 2024 are:

  • Aderinto, A.A et al (2000) Economics: Exam Focus, Ibadan: University Press Plc.
  • Lipsey, R.G (1979) An Introduction to Positive Economics, London: George Allen and Unwin
  • Samuelson, P and Nordhaus, W. (1989) Economics, Singapore: McGraw-Hill
  • Udu E and Agu G.A. (2005) New System Economics: a Senior Secondary Course, Ibadan: Africana FIRST Publishers Limited.

The recommended textbooks for the JAMB Economics Syllabus 2024 are:

  • Black, J. (1997) Oxford Dictionary of Economics. Oxford: Oxford University Press
  • Eyiyere, D.O. (1980) Economics Made Easy, Benin: Ilupeju Press Ltd.
  • Fajana, F et al (1999) Countdown to SSCE/JME Economics Ibadan: Evans
  • Jhingan, M.L. (2010) Macroeconomic Theory, 12th edition, Delhi: Vrinda Publications (P) Ltd.
  • Jhingan, M.L. (2010) Monetary Economics, 6th edition, Delhi: Vrinda Publications (P) Ltd.
  • Jhingan, M.L. (2010) The Economics of Development and Planning, 40th edition, Delhi: Vrinda Publications (P) Ltd.
  • Todaro, M.P. and Smith, S.C. (2006) Economic Development, 9th edition, New York: Addison-Wesley.

JAMB Economics Syllabus 2024: Areas of Concentration

The JAMB Economics Syllabus 2024 also indicates the areas of concentration for each topic. The areas of concentration are the sub-topics that are most important and likely to be tested in the exam. You should pay more attention and time to these sub-topics and practice them well.

The areas of concentration for the JAMB Economics Syllabus 2024 are:

  • Economics as a Science: Basic Concepts and Economic Problems
  • Economic Systems: Types and Features
  • Methods and Tools of Economic Analysis: Graphs, Tables, Charts, and Mathematical Methods
  • The Theory of Demand: Law of Demand, Demand Curve, Elasticity of Demand, and Factors Affecting Demand
  • The Theory of Consumer Behaviour: Utility, Indifference Curve, Budget Line, and Consumer Equilibrium
  • The Theory of Supply: Law of Supply, Supply Curve, Elasticity of Supply, and Factors Affecting Supply
  • The Theory of Price Determination: Equilibrium Price and Quantity, Price Control, and Market Failure
  • The Theory of Production: Factors of Production, Production Function, Law of Diminishing Returns, and Returns to Scale
  • Theory of Costs and Revenue: Types of Costs, Cost Curves, Types of Revenue, Revenue Curves, and Profit Maximization
  • Market Structures: Perfect Competition, Monopoly, Monopolistic Competition, and Oligopoly
  • National Income: Concepts, Measurement, Circular Flow, and Problems
  • Money and Banking: Functions, Types, and Characteristics of Money, Demand and Supply of Money, Money Creation, and Types and Functions of Banks
  • Inflation:

Summary and FAQ

In this blog post, we have given you a detailed overview of the JAMB Economics Syllabus 2024, how it can help you pass your JAMB exam, and how to download it for free. We have also provided you with the compulsory and recommended textbooks, the areas of concentration, and the likely areas where JAMB will set Economics questions.

We hope that this blog post has been useful and informative for you, and that you will use the JAMB Economics Syllabus 2024 to prepare well and score high marks in your UTME. To conclude, we will answer some of the frequently asked questions (FAQ) about the JAMB Economics Syllabus 2024.

FAQ

  • Q: How many questions will JAMB set from Economics in the UTME?
  • A: JAMB will set 40 questions from Economics in the UTME, each carrying 2.5 marks. You will have 50 minutes to answer these questions.
  • Q: How can I practice with the JAMB Economics Syllabus 2024?
  • A: You can practice with the JAMB Economics Syllabus 2024 by using the past questions and answers from JAMB, which are available online or in hard copy. You can also use the mock tests and quizzes from various websites and apps that are designed to help you prepare for the UTME.
  • Q: What are the best tips and tricks to study and pass Economics in JAMB?
  • A: Some of the best tips and tricks to study and pass Economics in JAMB are:
    • Start your preparation early and follow a study plan that covers all the topics and sub-topics in the syllabus.
    • Use the compulsory and recommended textbooks to study and practice the concepts, theories, and calculations in Economics.
    • Focus on the areas of concentration and the likely areas where JAMB will set Economics questions, and revise them regularly.
    • Practice with the past questions and answers from JAMB, and try to solve them within the time limit and without using a calculator.
    • Review your mistakes and learn from them, and seek help from your teachers or peers if you have any doubts or difficulties.
    • Stay updated with the current economic issues and trends in Nigeria and the world, and relate them to the syllabus topics.
    • Be confident and positive, and avoid any distractions or stress before and during the exam.

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