Syllabus content and objectives
Official JAMB Economics outline · Section D: National Income, Money, and Financial Institutions
Content
Types, characteristics, and functions of money.
Objective
Explain the types, characteristics, and functions of money.
Content
Demand for money and supply of money.
Objective
Identify the factors affecting the demand for and supply of money.
Content
Quantity theory of money, including the Fisher equation.
Objective
Identify the components of the quantity theory of money.
Content
Value of money and the price level.
Objective
Examine the relationship between the value of money and the price level.
Content
Inflation: types, measurement, effects, and control.
Objective
Examine the causes and effects of inflation, calculate the consumer price index, interpret the consumer price index, and examine ways of controlling inflation.
Content
Consumer Price Index (CPI) and its use in measuring changes in prices.
Objective
Calculate and interpret the consumer price index.
Content
Deflation: measurement, effects, and control.
Objective
Examine the causes, measurement, effects, and control of deflation.
Opens the CBT engine with Economics past questions and answers.