Jamb Topics For Economics
- Introduction to Economics
- Economic Systems
- Methods and Tools of Economic Analysis
- The Theory of Demand
- The Theory of Consumer Behaviour
- The Theory of Supply
- The Theory of Price Determination
- The Theory of Production
- Meaning and Types of Production
- Concepts of Production and their Interrelationships
- Total Product (TP), Average Product (AP), Marginal Product (MP)
- Law of Variable Proportion
- Division of Labour and Specialization
- Internal and External Scale of Production
- Production Functions and Returns to Scale
- Law of Diminishing Returns
- Producers Equilibrium
- Factors Affecting Productivity
- Theory of Costs and Revenue
- Market Structures
- National Income
- Concepts of GNP, GDP, NI, NNP
- National Income Measurements and Their Problems
- Uses and Limitations of National Income Estimates
- Circular Flow of Income
- Concepts of Consumption, Investment, and Savings
- Multiplier and Its Effects
- Elementary Theory of Income Determination and Equilibrium National Income
- Money and Inflation
- Financial Institutions
- Types and Functions of Financial Institutions
- Traditional Banks, Central Bank, Mortgage Banks, Merchant Banks, Insurance Companies, Building Societies, Commercial Banks, Development Banks
- Role of Financial Institutions in Economic Development
- Money and Capital Markets
- Financial Sector Regulations
- Deposit Money Banks and the Creation of Money
- Monetary Policy and Its Instruments
- Challenges Facing Financial Institutions in Nigeria
- Public Finance
- Meaning and Objectives of Public Finance
- Fiscal Policy and Its Instruments
- Sources of Government Revenue(Taxes, Royalties, Rents, Grants, and Aids)
- Principles of Taxation
- Tax Incidence and Its Effects
- Effects of Public Expenditure
- Government Budget and Public Debts
- Revenue Allocation and Resource Control in Nigeria
- Economic Growth and Development
- Agriculture in Nigeria
- Industry and Industrialization
- Natural Resources and the Nigerian Economy
- Business Organizations
- Private Enterprises( Sole-Proprietorship, Partnership, Limited Liability Companies, Cooperative Societies)
- Problems of Private Enterprises
- Public Enterprises and Their Problems
- Funding and Management of Business Organizations
- Factors Determining the Size of Firms
- Privatization and Commercialization as Solutions to the Problems of Public Enterprises
- Population
- International Trade
- Meaning and Basis for International Trade
- Absolute Costs
- Comparative Costs
- Balance of Trade and Balance of Payments
- Problems of Balance of Trade and Balance of Payments
- Corrective Measures of Balance of Trade and Balance of Payments
- Composition and Direction of Nigeria's Foreign Trade
- Meaning, Types and Determination of Exchange Rate
- International Economic Organizations
- Factors of Production and Their Theories
