The Joint Admissions and Matriculation Board (JAMB) is responsible for conducting the national university admissions exam in Nigeria. For students aspiring to study economics in university, the JAMB Economics exam is of utmost importance. This exam covers a wide range of topics including microeconomics, macroeconomics, international trade, and economic development. To excel in this exam, a strong grasp of these subjects is essential. One effective method of preparation is practising with past questions, which can offer insights into question types and reveal areas needing improvement.
Why Practicing Past Questions Matters:
Practicing with past questions is a valuable strategy for success in the JAMB Economics exam. Past questions provide a glimpse of the question formats and help identify areas of weakness. However, it’s important to focus on understanding the underlying concepts rather than memorizing answers. This approach enhances your performance on the exam, even if the exact questions don’t reappear.
Sample Past Questions and Answers:
Here are some sample JAMB Economics past questions along with their answers to illustrate the type of content you may encounter:
- If the price of a good increases from N5 to N8 and the quantity demanded decreases from 200 to 190 units, the demand curve over this price range is: Answer: B. fairly elastic
- A statement is considered normalized in economics if it: Answer: A. can be tested scientifically
- Utility refers to the satisfaction derived from: Answer: C. consumption
- An increase in demand without a corresponding supply increase leads to: Answer: B. rise in price
- An improvement in technology will enable the country to produce at point: Answer: B. W
- If the country is producing at point Y, it can increase production of producer goods by moving to point: Answer: C. X
- To maximize his utility, an individual with an income of N12 should consume: Answer: B. 6y and 4x
- When two variables are positively related, the graph of the relationship: Answer: C. is an upward-sloping curve
- For an inferior good, a decrease in real income leads to: Answer: A. an outward shift of the demand curve
- In a planned economy, the emphasis is on: Answer: B. public ownership and control
FAQs
What is the benefit of using JAMB Economics past questions for preparation?
Using JAMB Economics past questions helps students familiarize themselves with the exam pattern, question types, and frequently tested topics. Practising these questions improves time management skills and boosts confidence, making students better prepared for the actual exam.
Where can I find reliable JAMB Economics past questions and answers?
Reliable JAMB Economics past questions and answers can be found on educational websites, study apps, bookstores, and online platforms dedicated to JAMB preparation. Some JAMB tutorial centers also provide these materials as part of their study resources.
How can I effectively study JAMB Economics past questions?
To study effectively, start by reviewing each topic in the Economics syllabus and then attempt past questions topic by topic. Afterwards, try answering full past question papers under timed conditions to simulate the exam environment. Analyzing mistakes and revisiting difficult topics can also enhance understanding.
Are the questions in JAMB Economics past papers likely to be repeated?
While JAMB rarely repeats questions verbatim, similar concepts and topics are often tested each year. Reviewing past questions can help you identify these recurring themes and understand JAMB’s approach to formulating questions, which can be advantageous during the exam.
Conclusion
Preparing for the JAMB Economics exam requires a solid foundation in various economic topics. Practising with past questions is a proven technique to enhance your readiness. Remember, understanding the concepts is key. By using this comprehensive guide, you can confidently approach the JAMB Economics exam and work towards achieving your academic goals.
Also Read: JAMB Agricultural Science Past Questions