JAMB Likely 2027 — Economics questions

50 likely Economics questions for the 2027 JAMB examination, written from the official syllabus and recurring past-question patterns, each with the correct answer and a short explanation. The first 6 are free to read — full access (₦2,990 once) unlocks all 50.

Unlock all 50 for ₦2,990 Practise Economics in CBT mode Economics syllabus

1. A Nigerian student has ₦8,000 and must choose between buying a textbook and attending a concert, each costing ₦8,000. If the student buys the textbook, the opportunity cost is the

Basic Economic Concepts: Opportunity Cost

2. An outward shift of Nigeria's production possibility curve would most likely result from

Basic Economic Problems: Production Possibility Curve

3. Nigeria is described as a mixed economy primarily because

Economic Systems

4. The daily numbers of loaves sold by a bakery in Kaduna over five days were 12, 15, 18, 15 and 20. What was the arithmetic mean?

Methods and Tools of Economic Analysis

5. If rice and yam are substitutes, an increase in the price of rice will, other things being equal, cause

Theory of Demand

6. The price of a commodity rises by 10%, causing its quantity demanded to fall by 20%. What is the absolute value of its price elasticity of demand?

Elasticity of Demand

These are AI predictions for revision, not leaked or official exam questions.