JAMB UTME Economics Past Questions (2011)
Prepare effectively for the JAMB UTME Economics examination with this comprehensive set of past questions from 2011. This resource provides invaluable practice by covering essential microeconomic and macroeconomic concepts, including inflation, demand and supply, market structures, national income accounting, and Nigerian economic issues.
About This Exam
Prepare effectively for the JAMB UTME Economics examination with this comprehensive set of past questions from 2011. This resource provides invaluable practice by covering essential microeconomic and macroeconomic concepts, including inflation, demand and supply, market structures, national income accounting, and Nigerian economic issues.
Topics Covered
Exam Structure
- Question Formatmcq
- Total Questions48
- Estimated Duration16 minutes
- Difficulty LevelMedium
Learning Objectives
- •Understand core microeconomic concepts like demand, supply, utility, and production.
Prerequisites
Basic understanding of economic terminology and principles is recommended. Familiarity with mathematical concepts used in economics is helpful.
Sample Questions
Get a taste of what to expect in the full exam.
Demand patterns are determined by the market on the basis of
scale of preference
consumer sovereignty
consumer rationality
price of the commodity
The World Trade Organization is responsible for
stabilizing and harmonization oil prices
ensuring equal participation of countries in trade
modernising world economies
minimizing obstacles to international trade and investment
Industrial development in Nigeria is encouraged through
signing WTO treaty
granting subsidies
the provision of efficient infrastructure
direct government participation
The deflationary gap is defined by
X
K
X + K
X - K
If the demand for one commodity excludes another, it is said to be
complementary demand
competitive demand
composite demand
derived demand
The graph of the schedule above depict
a kinked demand curve
a normal demand curve
an abnormal demand curve
a diminishing marginal utility curve
The average total cost when 20 units are produced is
N20.00
N23.00
N13.00
N15.00
investing heavily in the agricultural sector will lead to
sufficient food production
a vibrant commodity market
capital inflow
stable export prices
The money paid per hour for work done is
salary
wage rate
cost
bonus
A country achieves economic development when there is
an increase in military expenditure
an increase in capacity utilization
a sustained increase in per capita income
an even distribution of goods and services
Ready to start practicing?
Download Learn to access the full exam, get instant feedback, and see step-by-step solutions for every question.
How to Prepare
Key Preparation Tips
- Review the JAMB UTME Economics syllabus thoroughly.
Mistakes to Avoid
- •Misinterpreting economic graphs and diagrams.
Success Criteria
Achieving a high score (e.g., 70% or above) on this practice test indicates a strong grasp of the tested economics concepts and readiness for the JAMB UTME.
How LearnAI Helps You Prepare Faster
LearnAI is your personal AI lecturer that understands your study style and helps you master any topic in record time.
60% Prediction Accuracy
Our AI models predict potential exam questions with high accuracy based on past trends.
Personalized Explanations
Get step-by-step explanations for every topic, tailored to your current knowledge level.