Are you a 2025 UTME candidate preparing to write Economics in JAMB? One of the best ways to score high is by studying actual past questions with correct answers. We have compiled a PDF of verified JAMB Economics questions and answers to help you prepare effectively and increase your chances of admission.
This material includes questions that have appeared repeatedly over the years, including likely topics based on JAMB trends. If you are aiming for a high score in Economics, this is the smart way to prepare.
What You Will Receive
- Real and updated JAMB Economics past questions (2010–2024)
- Accurate answers with simple explanations
- Over 400 practice questions in total
- Easy-to-read format (PDF – works on all devices)
- Offline use—no internet needed after download
Price: Only ₦2,000 (one-time payment).
Sample JAMB Economics Questions & Answers
1. What is the basic problem of economics?
A. Money
B. Scarcity ✅
C. Government
D. Growth
2. In a mixed economy, who determines what to produce?
A. Government only
B. Consumers only
C. Private sector
D. Government and private individuals ✅
3. What does the law of diminishing returns state?
A. Output increases in all conditions
B. Adding more of one input eventually yields less additional output ✅
C. Total output always falls
D. Labour is constant in production
4. The reward for entrepreneurship is called?
A. Rent
B. Wage
C. Profit ✅
D. Interest
5. Which market structure has only one seller?
A. Perfect competition
B. Monopoly ✅
C. Oligopoly
D. Duopoly
Why You Need This JAMB Economics PDF
- Targeted Practice: Focus on real questions likely to be repeated
- Higher Score: Master common topics and tricky areas
- Convenient Format: Study anytime, even without data
- Affordable: Just ₦2,000 for lifetime access
- Fast Delivery: Get your material in 5–30 minutes after payment
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