IJMB Economics 101 Past Questions 2015; This IJMB Economics 101 past question is suitable for students about to sit for the upcoming IJMB EXAMINATION. Students should be informed that IJMB is an advanced-level program that helps students secure admission into the university of their choice without JAMB.
Recommended; See Other IJMB Past Questions Here
IJMB Economics 101 Past Questions 2015
INTERIM JOINT MATRICULATION BOARD EXAMINATION 2015
SUBJECT: ECONOMICS PAPER I:
DATE SCHEDULED: FRIDAY 30th JANUARY, 2015
TIME ALLOWED: THREE HOURS ( 3 HRS)
INSTRUCTIONS: Answer FOUR (4) questions only. All questions carry equal marks. Credit will be given for good English and orderly presentation of materials. The calculator can be used if desired.
- What are the factors responsible for the emergence of a monopoly situation?
- Choice arises because of the scarcity of resources. Discuss
- Discuss the various methods of Economics analysis.
- In spite of the importance of micro-Economics, it has its own limitation. Discuss
- With the aid of a Diagram explain
i) Demand
ii) Supply
6. a) Write short notes on the followings:
i) Demand
ii) Supply
b) List and explain the determinants of demand.
