Poscholars image

POSCHOLARS

Poscholars image
HomeOnline QuizWAEC/GCE/NECOJamb UpdatesScholarshipsPost UTMEStudy Guides

Topics you should understand well in Economics before writing WASSCE - POSCHOLARS

Aug 7 2020 2:31:00 PM

John Elijah

General Updates, WAEC/GCE/NECO,Study Guide

Topics you should understand well in Economics before writing WASSCE.

Table of Contents
  1. Topics you should understand well in Economics before writing WASSCE.
  2. Tips on how to maintain good grades in the university.
  3. i. Cherish the time you spend studying:
  4. ii. Create a good study timetable that covers all your courses or subjects:
  5. iii. Cherish your books:
  6. iv. Never stop reading:
  7. v. Read wide:
  8. vi. Never miss any class:
  9. vii. Never be disrespectful to your tutors:
  10. viii. Ask your teachers for help when you don’t understand:
  11. ix. Be close to your tutors:
  12. x. Get a friend that has the same view with you academically:

Topics you should understand well in Economics before writing WASSCE.

paragraph
Yes, I absolutely know that you are preparing for the WASSCE or you are probably wanting to get information about WASSCE (Economics ). Do not fear because in this article I am going to expose you on topics that Waec does not joke with.
paragraph
These topics were extracted from Waec syllabus 2016-2020. It is very important to understand the fact that you do not read without direction. Reading without direction is like a ship travelling without compass and direction. Of a truth you know what would happen to such ship. It will be lost in a land of the forever. Similarly if you read without direction you may be lost in a land of the forever.
paragraph
Here are the Topics you should know before you sit for the Wassce Economics Examination. They are:
paragraph

i. DEFINITION AND SCOPE OF ECONOMICS.

♦ Scarcity and Choice ♦ Scale of Preference ♦ Opportunity Cost ♦ Economics activities-producuction ♦ Distribution and Consumption ♦ Classification of Economics activities-Primary, Secondary and Tertiary and their relative contribution to terms of output/income ♦ Employment ♦ Savings and Foreign Exchange.
paragraph

ii. TYPES AND BASIC FEATURES OF ECONOMIC SYSTEM.

  1. Types – Capitalism, Socialism, Mixed Economy e.t.c.
  2. Basic features of each.
  3. Economic problems of society and the approaches for solving them under each of the system.
    paragraph

iii. BASIC TOOLS FOR ECONOMICS ANALYSIS.

♦ Tables ♦ Graph ♦ Chart ♦ Some basic statistical measures and representations ♦ Arithmetic Mean, ♦ Median ♦ Mode and their simple applications.
paragraph

iv. THEORY OF CONSUMER BEHAVIOUR.

♦ Concept of Utility (total and marginal utility) ♦ Law of Diminishing Marginal Utility ♦ Relation between Marginal Utility and the Demand Curve.
paragraph

v. DEMAND.

♦ Concept of Demand and Law of Demand ♦ Types of Demand (derived, composite, joint and competitive).
paragraph

You can check my article on the following:

Share this post with your friends on social media if you learned something or was informed.

3 Comments on "TOPICS YOU SHOULD UNDERSTAND WELL IN ECONOMICS BEFORE WRITING WASSCE"
Marion Bangura Says:

Sat, 07 Jan 2023 00:14:40 GMT

Hello. Thanks for having me on this website as you are doing a great job. Can you please help me with notes on Economics for West Africa Senior School Certificate Examination

Admin replied Marion Bangura:

Sat, 07 Jan 2023 04:28:35 GMT

Thanks for your reply. Do well to subscribe to Poscholars for more updates.

Oladipo joy Says:

Sat, 03 Jun 2023 14:08:13 GMT

Are you sure that this topics will work for 2023 Wassce

Leave a Reply
Your email address will not be published. Required fields are marked *

Save my name and email in this browser for the next time I comment.

Subscribe to our newsletter so you could get the latest post via E-mail

Recent Posts:


Jamb past questions and answers for Physics-2023
Jamb past questions and answers for FINANCIAL ACCOUNTING-2022
Jamb past questions and answers for FINANCIAL ACCOUNTING-2023
Jamb past questions and answers for COMMERCE-2022

Stay Updated:

Like us on Facebook

Explore


Quick Links