Economics as a science

Contents & notes: what this topic covers

Under Economics as a science, the JAMB Economics syllabus expects you to study:

• 1. Economics as a science a. Basic Concepts: wants, scarcity, choice, scale of preference, opportunity cost, rationality, production, distribution consumption.
• b.(i) Economic problems of: what, how and for whom to produce and efficiency of resource use.
• b.(ii)Application of PPF to solution of economic problems.

Study notes & guidance

Study Economics as a science using a recommended Economics textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Economics, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.

Objectives — candidates should be able to

After studying Economics as a science, you should be able to:

1. (i) compare various concepts in economics and their applications; (ii) interpret graphs/schedules in relation to the concepts; (iii) identify economic problems; (iv) proffer solutions to economic problems

These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.

Source: official JAMB UTME Economics syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.