Syllabus content and objectives
Official JAMB Economics outline · Section A: Basic Economic Concepts and Analysis
Content
Basic concepts of economics: wants, scarcity, choice, scale of preference, opportunity cost, rationality, production, distribution, and consumption.
Objective
Compare various economic concepts and their applications; interpret graphs and schedules relating to these concepts; identify economic problems; and propose solutions to economic problems.
Content
Economic problems: what to produce, how to produce, for whom to produce, and the efficiency of resource use.
Objective
Identify economic problems, interpret graphs and schedules relating to economic concepts, and propose solutions to economic problems.
Content
Application of the Production Possibility Frontier (PPF) to the solution of economic problems.
Objective
Interpret graphs and schedules in relation to economic concepts, identify economic problems, and propose solutions to economic problems.
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