Explicit ECONOMICS

A.E. AKINOLA, S. BELLO

207 pages

Economics begins with the choices we make every day: how to spend limited income, why prices change, how businesses decide what to produce, and how government policies affect our lives. Understanding these choices gives students both a foundation for examination success and a clearer view of the world around them. Explicit Economics was written to make this understanding accessible to candidates preparing for the Joint Admissions and Matriculation Board’s Unified Tertiary Matriculation Examination (JAMB UTME). Following the tradition of the Explicit series, it combines clear explanations, worked examples and extensive examination practice in one volume. It serves as both a textbook for learning and a question bank for purposeful revision. The book’s twenty-three chapters are organised around the JAMB Economics syllabus. Each chapter opens with syllabus-focused objectives to guide study, followed by explanations of the key concepts and their applications. Examples drawn from everyday life and the Nigerian economy help students connect economic principles with familiar situations. Worked calculations show how to move from the information given to the required answer, while discussions of common examination traps highlight distinctions that candidates can easily overlook. Particular attention is given to tables, charts, curves and diagrams. These are essential tools of economic reasoning. Students are guided to interpret axes, identify relationships, distinguish movements along curves from shifts of curves, and explain the economic meaning of a graphical result. This approach encourages understanding that can be applied even when an examination question presents an unfamiliar illustration. The revision sections contain more than 1,500 questions arranged under topical subheadings. They bring together JAMB UTME and PCE past questions, adapted questions and supplementary examination-style exercises. Answers and explanations are provided at the back of the book, allowing students to attempt questions independently before reviewing their reasoning. To benefit fully from this book, begin with the objectives, study the notes and work through the examples before attempting the questions. Draw the curves yourself, reproduce the calculations and explain why your chosen answer is correct. When you make an error, use the explanation to identify the underlying misunderstanding and revisit the relevant topic. Regular, thoughtful practice builds the accuracy and confidence needed for timed examinations. It is our hope that Explicit Economics will help students approach Economics with curiosity, understanding and confidence. Beyond examination preparation, may it encourage informed thinking about the choices facing individuals, businesses and the Nigerian economy.