WAEC Economics past questions.

1,469 real West African Examinations Council (WASSCE) questions from 1997 to 2026, every one with a worked solution. Practise them timed, on the web, on Android, or offline on desktop.

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Questions held
1,469
Years covered
30
Questions per paper
50
Time allowed
90 min
Try 5

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.

WAEC Economics 2026 · Question 1
Crude oil and natural gas are products which are often in
  1. competitive supply
  2. joint supply — correct answer
  3. composite supply
  4. aggregate supply
Worked solution
Crude oil and natural gas are produced together from the same source, so producing one automatically yields the other - that is joint supply.
WAEC Economics 2025 · Question 1
One advantage of a free market economy is that it
  1. Gives incentives for innovation — correct answer
  2. Guarantees full employment of labour
  3. Allocates resources to produce public goods
  4. Guarantees income equality
Worked solution
Competition and the profit motive in a free market reward innovation, while the market does not guarantee full employment, public goods or income equality.
WAEC Economics 2024 · Question 1
There is a scarcity when
  1. The means exceed society's wants
  2. Demand for resources is greater than its supply — correct answer
  3. Productive resources are in excess
  4. Supply of resources is greater than its demand.
Worked solution
Scarcity exists when the demand for resources exceeds the available supply of those resources.
WAEC Economics 2023 · Question 1
The study of economics is mainly concerned with how to
  1. rank individuals' wants given the abundant resources
  2. make choice when resources are inadequate — correct answer
  3. satisfy every member of all societies
  4. produce all the goods needed by everyone
Worked solution
Economics studies how people make choices because resources are scarce relative to unlimited wants.
WAEC Economics 2022 · Question 1
Scale of preference shows
  1. incomes of consumers in order of size
  2. utilities enjoyed by consumers
  3. opportunity cost of goods consumed
  4. consumers' wants in order of priority — correct answer
Worked solution
A scale of preference is a list of a consumer's unsatisfied wants arranged in order of priority or importance.
Every paper we hold

WAEC Economics, year by year.

2026
50 questions
2025
50 questions
2024
49 questions
2023
50 questions
2022
50 questions
2021
50 questions
2020
49 questions
2019
49 questions
2018
50 questions
2017
50 questions
2016
49 questions
2015
50 questions
2014
50 questions
2013
50 questions
2012
48 questions
2011
50 questions
2010
50 questions
2009
50 questions
2008
50 questions
2007
50 questions
2006
48 questions
2005
50 questions
2004
49 questions
2003
50 questions
2002
50 questions
2001
49 questions
2000
49 questions
1999
50 questions
1998
40 questions
1997
40 questions
Before you sit it

How WAEC Economics is set.

West African Examinations Council (WASSCE) sets 50 questions in Economics, answered in 90 minutes — about 108 seconds a question. Practising against that clock is the part most candidates skip, and it is the part that costs marks.

We hold 1,469 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.

Practise WAEC Economics properly.

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