The jamb syllabus for economics 2026 is divided into five key areas of focus. These areas are:
1. Basic Economic Concepts
2. Theories of Production, Distribution, and Consumption
3. Financial Institutions and Markets
4. Economic Development and Planning
5. International Trade and Balance of Payments
In each of these areas, there are a number of topics, and each topic has its objectives. It is these objectives that JAMB anticipates that you know and can do.
We will go through it step by step, deconstructing it, and demonstrating to you where to put your attention.
1. Basic Economic Concepts
This section lays the groundwork. It includes:
– Definition and Scope of Economics
– Basic Economic Problems of Society
– Methods of Economic Analysis
– Types of Economic Systems
– Tools for Economic Analysis (graphs, tables, charts)
Area of Concentration:
– Learn about macro- and microeconomics.
– Understand opportunity cost and give real-life examples of opportunity costs.
– Be familiar with the characteristics of the various economic systems (capitalism, socialism, mixed).
As you will not read in textbooks:
At one time, JAMB was inquiring about the impact of opportunity cost on a student who opts to either go to school or work at a part-time job. Think in real-life terms.
2. Production, Distribution, and Consumption
This is the core of the JAMB syllabus for economics 2026. There are several questions to be expected.
Topics include:
– Factors of Production
– Division of Labor and Specialization
– Scale of Production
– Market Structures
– Theory of Demand and Supply
– Elasticity Concepts
Area of Concentration:
– Plot and interpret demand and supply curves.
– Determine price elasticity of demand.
– Learn the principles of monopoly and perfect competition.
Hidden gem:
JAMB occasionally examines real-life applications. To illustrate, they may pose a question about how a fuel subsidy influences supply and demand in Nigeria, not only the theory but also the Nigerian context.
3. Financial Institutions and Markets
This part is not usually given much attention, yet it has weight in the JAMB syllabus for economics 2026.
Topics include:
– Money: Definition, Types, and Functions
– Banking: Central and Commercial Banks
– Other Financial Institutions (insurance, mortgage, stock market)
– Public Finance: Government Revenue and Expenditure
Area of Concentration:
– Be aware of the distinctions of money and near money.
– Learn the purpose of the Central Bank of Nigeria.
– Able to list sources of government revenue.
Tip:
Get to know more about the work of the CBN other than controlling inflation. Find out its way of controlling banks, foreign reserves, and interest rates.
4. Economic Development and Planning
In this section, the concentration is on economic growth, growth indicators, and national planning.
Topics include:
– Economic Growth vs. Economic Development
– Indicators of Development (HDI, GDP, etc.)
– Problems Facing Developing Nations
– Types of Planning (Indicative, Perspective, Rolling)
Area of Concentration:
– Be able to interpret GDP values.
– Know the distinction between growth and development.
– Understand how poverty continues even with economic growth.
Insider insight:
JAMB occasionally provides questions regarding the Vision 2020 or National Development Plans of Nigeria. Take a summary of these plans and know their objectives.
5. International Trade and Balance of Payments
This last area of the JAMB syllabus for economics 2026 is on inter-country trade.
Topics include:
– International Trade: Import and Export
– Balance of Trade and Balance of Payments
– Foreign Exchange
– ECOWAS and Other Trade Organizations
Area of Concentration:
– Understand the terms of trade, such as favorable balance of trade.
– Learn about the causes and remedies of trade deficits.
– Be aware of the advantages and the pitfalls of global trade.
Extra tip:
Study actual cases such as the impact of oil reliance on the balance of payments of Nigeria.
The Smartest Way To Study The JAMB Syllabus for Economics 2026
1. Don’t just read but understand
Don’t cram definitions. Comprehend their definition and real-world application.
2. Make good use of past questions
Overall, have a look at the way JAMB poses questions in each subject. You’ll see patterns.
3. Practice objective questions often
JAMB economics is entirely objective. Answering several multiple-choice questions will tone up speed and accuracy.
4. Pay more attention to high-yield topics
Such topics as demand and supply, elasticity, and the money market seem to be discussed almost annually.
What is new in the JAMB Syllabus for Economics 2026?
As to 2026, there is a slight change of emphasis:
– Greater attention to actual economic issues in Nigeria.
– More use of economic theories on domestic matters (e.g., inflation, subsidy elimination, FX shortage)
– More emphasis on the interpretation of data (charts and tables)
This does not imply that you should merely have the theory and know how it works in Nigeria.
Frequently Asked Questions
1. Does the JAMB 2026 Economics syllabus differ from 2025?
Yes, it focuses more on Nigerian economic problems and applications in real life in 2026.
2. Is it possible to use only YouTube videos to go through the syllabus?
No. Videos will assist, yet you must read and comprehend the syllabus and recommended reading material.
3. What is the number of questions in economics in JAMB?
When you write economics as one of your four subjects, you will receive 40 questions.
4. Is it possible to use WAEC resources to study JAMB economics?
JAMB questions are more analytical, and some of the topics overlap. Pay attention to the JAMB-specific materials.
5. Do they repeat economics questions in JAMB?
Yes, but with slight changes. Don’t memorize answers. Know the logic behind them.
6. Which are the best textbooks to use according to the JAMB syllabus for economics 2026?
Essential Economics by C.E. Ande, Comprehensive Economics by J.V. Anyaele, and Simplified Economics by Abayomi are the ones to watch.
7. When do I need to begin preparing for the JAMB Economics exam?
Start now. One hour per day will always make you ahead of 90 percent of the candidates.
Conclusion
The JAMB Economics 2026 syllabus will lead you by every hour of your study time before the exam. It informs you of what you will study and how and what JAMB will ask in exams.
When you have studied the areas of concentration that we have outlined, you will enter the exam hall with confidence.