Syllabus content and objectives
Official JAMB Economics outline · Section B: Demand, Supply, Consumer Behaviour, and Price Determination
Content
Meaning and determinants of supply.
Objective
Identify the factors determining supply.
Content
Supply schedules and supply curves.
Objective
Interpret supply curves from supply schedules.
Content
Distinction between a change in quantity supplied and a change in supply.
Objective
Differentiate between a change in quantity supplied and a change in supply.
Content
Types of supply: joint or complementary supply, competitive supply, and composite supply.
Objective
Compare the various types of supply and their interrelationships.
Content
Elasticity of supply: determinants, measurement, nature, and applications.
Objective
Relate the determinants of supply to the nature of elasticity, calculate elasticity coefficients, and interpret the coefficients in relation to real-life situations.
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