Perfect Guide Series JUPEB ECONOMICS

A.E. AKINOLA, S. BELLO

173 pages

This revised edition of JUPEB Economics in the Perfect Guide Series has been rewritten to match the Joint Universities Preliminary Examination Board syllabus for 2027–2031 (J133 Economics). Every topic and objective in the syllabus is taught in the text, and the book follows the order in which the courses are taken: • Part One – ECN 001: Principles of Economics I (first semester) • Part Two – ECN 002: Principles of Economics II (first semester) • Part Three – ECN 003: Applied Economics I (second semester) • Part Four – ECN 004: Applied Economics II (second semester) The main changes from the previous edition are: new chapters on Classifications of Economies and Economic Systems, Taxonomy of Goods, Tools, Methods and Methodology of Economic Analysis and the Economic Structure of Nigeria; a separate chapter on Balance of Payments and Exchange Rates; new material on isoquants and isocosts, price controls, the HDI and the Multidimensional Poverty Index, the business cycle in Nigeria, West Africa compared with other regions, schools of economic thought, deficit financing, the removal of the fuel subsidy, the unification of the naira exchange rate, the 2025 tax reforms, BRICS and the African Development Bank; and current Nigerian examples throughout. Inflation, unemployment and government intervention now follow the syllabus into ECN 004. Each chapter opens with a JUPEB Syllabus Focus box listing what you must be able to do, and contains clear explanations, carefully drawn diagrams, formulas set as mathematical equations, Worked Examples with full solutions, comparison tables, Exam Tips, Common Traps and Revision Questions. Answer guides to all revision questions and a glossary of key terms are at the back of the book. Statistics on the Nigerian economy change frequently. Figures in this book are rounded and are given to illustrate the analysis; students should consult the latest publications of the National Bureau of Statistics and the Central Bank of Nigeria for current data. Past JUPEB examination questions with full answers are published separately in the Perfect Guide Series past-questions volume and should be used alongside this book. We thank the teachers and students whose feedback shaped this edition. The revision was carried out by Pedagogue House.