Syllabus content and objectives
Official JAMB Economics outline · Section I: International Economic Organisations and Factors of Production
Content
Types, features, and rewards of factors of production.
Objective
Identify the types, features, and rewards of factors of production.
Content
Determination of wages, interest, and profits.
Objective
Analyse the determination of wages, interest, and profits.
Content
Theories of factor rewards: marginal productivity theory of wages and liquidity preference theory.
Objective
Interpret the marginal productivity theory and liquidity preference theory.
Content
Factor mobility and efficiency.
Objective
Examine factor mobility and efficiency.
Content
Unemployment and its solutions, with particular reference to Nigeria.
Objective
Examine the types and causes of unemployment in Nigeria and suggest solutions to unemployment in Nigeria.
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