Economics Past Questions and Answers

English Past Question 2021

Economics Past Questions and Answers – Economics is one of the compulsory subjects in examinations today, especially for those who choose Economics as a course of study. This simply means that as a compulsory subject, one needs to pass the examination in this subject excellently to be qualified to study in any institution of your choice pertaining to social science, and one way to pass this examination is by getting Past Questions and Answers.

Before attempting to sit for this examination, since it is an admission qualifying examination, maximum preparation is required to get the necessary success. Therefore, we bring you information on Economics Past Questions, what it is all about, how it is patterned to suit your demand, and the easiest way to download or get it. It will also expose you to the questions that have been asked years back as those questions and answers get repeated every year.

Economics Past Questions and Answers

Why you need Jamb Economics Past Questions and Answers

Past questions helps familiarize you with likely examination questions, time, strength, weaknesses and technicalities of questions. When studying with past questions, endeavor to attempt 60% or more of each year’s question correctly. If you get this, you are as good as ready to go.

Economics Past Questions and Answers Pattern

Economics past questions and answers typically follow a structured pattern to assess students’ understanding and critical thinking. Questions often cover fundamental economic principles, theories, and real-world applications. They encompass topics like supply and demand, market structures, macroeconomic policies, and international trade. The pattern includes multiple-choice questions to test knowledge, short-answer questions for concise explanations, and essay questions for in-depth analysis. Answers should demonstrate a clear grasp of economic concepts, provide relevant examples, and incorporate economic terminology. Additionally, students may be asked to evaluate economic policies or predict the impact of economic events. This pattern assesses both theoretical knowledge and analytical skills in economics.

Sample of Economics Past Questions and Answers

1. Scarcity in economics means?
A human wants are limitless.
B the economy has very few resources.
C the economy can scarcely produce anything.
D resources are limited in relation to wants.
2. Economics is often described as a social science because?
A laboratory experiments are performed
B It makes use of controlled experiments
C It uses scientific methods to explain an observed phenomenon and predict future events
D It makes use of fieldwork
3. Which of the following is an example of an invisible item on the balance of payments account
A shipping and aviation
B exports and imports
C merchandise
D Bullion
4. The Nigerian bank for commerce and industry is?
A a commercial bank
B a development bank
C an industrial bank
D a merchant bank

How to Buy

The complete Economics Past Questions and Answers with accurate answers is N2,000.


Delivery Assurance

How are you sure we will deliver the past question to you after payment?

Our services are based on honesty and integrity. That is why we are very popular.

For us (ExamsGuru Team), we have been in business since 2012 and have been delivering honest and trusted services to our valued customers.

Since we started, we have not had any negative comments from our customers, instead, all of them are happy with us.

Our past questions and answers are original and from the source. So, your money is in the right hands and we promise to deliver it once we confirm your payment.

Each year, thousands of students gain admission into their schools of choice with the help of our past questions and answers.

7 Tips to Prepare for Economics Exams

  1. Don’t make reading your hobby: A lot of people put reading as a hobby in their CV, they might be right because they have finished schooling. But “You” are still schooling, so reading should be in top priority and not as a hobby. Read far and wide to enhance your level of aptitude
  2. Get Exams Preparation Materials: These involve textbooks, dictionaries, Babcock University Post UTME Past Questions and Answers, mock questions, and others. These materials will enhance your mastery of the scope of the exams you are expecting.
  3. Attend Extramural Classes: Register and attend extramural classes at your location. This class will not only help you refresh your memory but will boost your classroom understanding and discoveries of new knowledge.
  4. Sleep when you feel like: When you are preparing for any exams, sleeping is very important because it helps in the consolidation of memory. Caution: Only sleep when you feel like it and don’t oversleep.
  5. Make sure you are healthy: Sickness can cause excessive feelings of tiredness and fatigue and will not allow you to concentrate on reading. If you are feeling as if you are not well, report to your parent, a nurse, or a doctor. Make sure you are well.
  6. Eat when you feel like it: During the exam preparation period, you are advised not to overeat, and to avoid sleep. You need to eat little and light food whenever you feel like eating. Eat more fruits, drink milk and glucose. This will help you to enhance retention.
  7. Reduce your time on social media: Some people live their entire lives on Facebook, Twitter, WhatsApp, Messenger chat. This is so bad and catastrophic if you are preparing for exams. Try and reduce your time spent on social media during this time. Maybe after the exams, you can go back and sleep in it.

If you like these tips, consider sharing them with your friends and relatives. Do you have a question or comments? Put it on the comment form below. We will be pleased to hear from you and help you score as high as

We wish you good luck!

Be the first to comment

Leave a Reply

Your email address will not be published.