- all resources are perfectly substitutable across production
- resources exhibit differential productivity across sectors — correct answer
- technological progress is constant
- consumer preferences are infinite
JAMB Economics past questions.
1,420 real Joint Admissions and Matriculation Board (UTME) questions from 1997 to 2026, every one with a worked solution. Practise them timed, on the web, on Android, or offline on desktop.
- Questions held
- 1,420
- Years covered
- 30
- Questions per paper
- 40
- Time allowed
- 35 min
Sample Economics questions, answered.
Taken straight from the papers below — one from each of the most recent years, with the answer marked and the reasoning written out.
- resources are scarce
- human problems can be solved
- all factors are fully utillized
- human beings are unpredictable — correct answer
- Taste of the consumer
- Price of related commodities
- Price of the commodity
- Change in production technology. — correct answer
- a fall in equilibrium price and an increase in equilibrium quantity
- a rise in equilibrium price and a decrease in equilibrium quantity
- a rise in equilibrium quantity — correct answer
- a rise in equilibrium price
- How much of the resources of society are used to produce a particular commodity
- The rate of inflation
- The rate of unemployment in the country
- The various combinations of two commodities that can be produced — correct answer
JAMB Economics, year by year.
How JAMB Economics is set.
Joint Admissions and Matriculation Board (UTME) sets 40 questions in Economics, answered in 35 minutes — about 53 seconds a question. Practising against that clock is the part most candidates skip, and it is the part that costs marks.
We hold 1,420 published Economics questions spanning 1997 to 2026. You can practise any single year’s paper, or sit a full timed mock that mirrors the real interface — the navigator, the flags and the auto-submit included.
Every question you get wrong comes back the next day, then at longer gaps until it sticks, and your home page leads with your weakest subjects.
Economics on other boards
Practise JAMB Economics properly.
All 1,420 questions, timed mocks, worked solutions and offline practice. Start free.