Essential Economics is one of the most widely used economics textbooks for senior secondary schools in Nigeria. Published by Tonad Publishers, it covers the full SS1 to SS3 economics curriculum and serves as the primary classroom text in many Nigerian schools — which means it is also the primary source from which WAEC and NECO Economics questions are drawn.
The textbook builds economic understanding progressively: SS1 introduces the basic concepts of demand, supply, and market structure; SS2 extends into production, costs, and macroeconomics; SS3 consolidates everything and adds international economics, public finance, and money and banking. Students who work through it systematically have covered the full scope of what WAEC and NECO Economics can test.
For arts and commercial students, Economics is typically one of the subjects that determines whether they meet the entry requirements for economics, business administration, banking and finance, accounting, and law programmes at Nigerian universities. A credit is non-negotiable for most of these courses, and studying from the standard textbook is the most direct path to achieving it.
PdfMadeazy is the only licensed eBook distributor for the Essential Economics textbook PDF in Nigeria. For a limited time, this is available completely free. This offer is temporary — download it now before the window closes and pricing reverts.
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Ten real past-question-style items on Economics, the kind you’ll meet solved and explained in the textbook itself. Tap an option to check your answer.
1. What is the basic economic problem faced by all societies?
2. What term describes the extra unit of a good or service given up to obtain another when making a choice?
3. According to the law of demand, what happens to quantity demanded when price rises, other things being equal?
4. What is the term for a market structure with only one seller controlling the entire supply of a product?
5. What is the term for the total value of goods and services produced within a country in a year?
6. What term describes a persistent rise in the general price level of goods and services?
7. What is the term for the factor of production that includes land, labour, capital, and entrepreneurship combined to produce goods?
8. Which economic system relies mainly on market forces of demand and supply with minimal government control?
9. What is the term for indirect tax added to the price of goods and services?
10. Which exam bodies commonly set objective Economics past questions for WAEC/NECO/JAMB preparation?