Economics Curriculum for JAMB

The primary goal of the 2024 Unified Tertiary Matriculation Examination (UTME) Economics syllabus is to equip candidates for the Board’s examination by assessing their attainment of specific course objectives. These objectives are centered on ensuring candidates can:

  1. Demonstrate adequate knowledge and comprehension of fundamental concepts, tools, and their general applications in economic analysis.
  2. Identify and elucidate the basic structures, operations, and roles of various economic units and institutions, both at the national and international levels.
  3. Describe the key economic activities of production, distribution, and consumption.
  4. Recognize and evaluate the fundamental and contemporary economic problems facing society.
  5. Cultivate the ability to propose solutions to the economic problems identified.

The syllabus is organized into two main sections:

1. Economics as a Science

a. Topics: i. Basic Concepts: Wants, Scarcity, choice, scale of preference, opportunity cost, Rationality, production, distribution, consumption. ii. Economic problems of; What, how, and for whom to produce and efficiency of resource use. iii. Application of PPF to solution of economic problems.

b. Objectives: i. Compare various concepts in economics and their applications. ii. Interpret graphs/schedules in relation to the concepts. iii. Identify economic problems. iv. Propose solutions to economic problems.