Hidden Facts in Economics is a targeted revision resource for Nigerian secondary school students preparing for WAEC, NECO, and NABTEB Economics. It cuts through the broad content of a standard economics textbook to focus on the specific concepts, definitions, and economic principles that examiners test most consistently across examination years.
Economics covers an enormous range of topics — microeconomics, macroeconomics, international trade, public finance, money and banking, and economic development — and it is easy to spend revision time on areas that rarely appear while neglecting the ones that cost the most marks. Hidden Facts in Economics eliminates this risk by organising content around examination frequency and marking weight.
Key areas covered include demand and supply analysis, price determination, production theory, market structures, national income, fiscal and monetary policy, balance of payments, and Nigerian economic history. Each section highlights the precise definitions and analytical frameworks that WAEC and NECO Economics examiners reward in both objective and essay sections.
PdfMadeazy is the only licensed eBook distributor for the Hidden Facts in Economics PDF in Nigeria. For a limited time, this resource is completely free. This promotional window will close — download your copy today at no cost before normal pricing resumes.
Download Hidden Facts in Economics today from PdfMadeazy and revise with the precision your examination demands.
Image credit: pdfmadeazy.com.ng
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?