Post-UTME Economics: topics to study
27 topics in 6 sections. In Post-UTME screening, the test is usually multiple choice on English and your three UTME subjects, set by the school you applied to.
How to study Economics for Post-UTME
Economics questions test definitions, diagrams and their meaning. Draw demand and supply diagrams until they are automatic, and connect topics to real Nigerian examples.
Post-UTME Economics topics
1.Basic Concepts
- Scarcity, choice and opportunity cost
- Economic systems
- Basic tools of economic analysis
2.Demand, Supply and Prices
- Theory of demand
- Theory of supply
- Price determination and equilibrium
- Elasticity
- Price control
3.Production and Firms
- Factors of production
- Costs and revenue
- Market structures
- Business organisations
- Location of industry
4.Money, Banking and Public Finance
- Money and inflation
- Financial institutions
- Central bank and monetary policy
- Public finance and taxation
- Budget and national debt
5.National Economy
- National income
- Population and labour market
- Agriculture in Nigeria
- Economic growth and development planning
6.International Economics
- International trade
- Balance of payments
- Exchange rates
- Economic integration (ECOWAS, AU)
- International economic organisations
This outline follows the structure of the official syllabus. Check your school's screening notice for the exact subjects and topics.