Comprehensive Economics is a full-coverage textbook for Nigerian senior secondary school students preparing for WAEC, NECO, and JAMB Economics. It covers the entire SS1 to SS3 economics curriculum in a single volume and is widely used as a supplementary textbook alongside Essential Economics in Nigerian classrooms.
The textbook treats both microeconomics and macroeconomics in the depth the WAEC and NECO syllabuses require — demand and supply analysis, elasticity, production theory, national income, money and banking, public finance, international trade, and Nigerian economic development. It is particularly strong in its macroeconomic sections, which are heavily featured in WAEC Economics Paper 2 essays and which many students find abstract when studied from shorter resources.
For JAMB Economics candidates, Comprehensive Economics provides the conceptual grounding needed to handle application-based UTME questions that go beyond simple definition recall. Students who understand the analytical framework behind economic concepts — not just the definitions — consistently outperform those who rely on memorisation alone.
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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?