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Past Questions

Neco economics past questions and answers.

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NECO Economics Past Questions and Answers 

The National Examinations Council (NECO) is one of the most important examination bodies in Nigeria. It administers a variety of exams, including the Economics exam. This exam is designed to test students’ knowledge of economic principles and theories.

If you are planning to take the NECO Economics exam, it is important to study past questions.

This will help you to familiarize yourself with the format of the exam and the types of questions that are asked.

In this blog article, we will provide you with a comprehensive guide to NECO Economics past questions and answers.

We will discuss the importance of studying past questions, how to find and use past questions, and some tips for answering past questions.

Why Study Past Questions?

There are several reasons why it is important to study past questions for the NECO Economics exam. First, past questions can help you to familiarize yourself with the format of the exam. This includes the number of questions, the types of questions, and the level of difficulty of the questions.

Second, past questions can help you to identify the areas of economics that you need to study more. By reviewing past questions, you can see which topics are frequently tested. This will allow you to focus your studies on the most important topics.

Third, past questions can help you to practice answering questions under timed conditions. This is important because the NECO Economics exam is a timed exam. By practicing answering past questions under timed conditions, you can improve your time management skills and your ability to answer questions quickly and accurately.

How to Find and Use Past Questions

There are a few different ways to find NECO Economics past questions. One way is to purchase a past questions booklet from a bookstore or online retailer. Another way is to find past questions online. There are a number of websites that offer free or paid access to past NECO exam questions.

Once you have found some past questions, you need to decide how to use them. One way to use past questions is to simply read through them and answer the questions. This will help you to familiarize yourself with the format of the exam and the types of questions that are asked.

Another way to use past questions is to create a practice test. This involves setting a timer and answering a set of past questions in the same amount of time that you will have for the actual exam. This will help you to practice answering questions under timed conditions.

Tips for Answering Past Questions

Here are some tips for answering past questions for the NECO Economics exam:

Read the instructions carefully before you start answering the questions.
Make sure that you understand the meaning of the questions before you answer them.
If you are not sure how to answer a question, try to find a similar question in the past questions booklet or online.
Answer the questions in the order that you feel most comfortable with.
Do not spend too much time on any one question. If you are stuck, skip the question and come back to it later.
Review your answers carefully before you submit your exam.
NECO Objective Questions in Economics. 1. The definition of Economics as an inquiry into the nature and causes of the wealth of nations’ was given by A. Adam Smith. B. Alfred Marshall. C. Irving Fisher. D. John Keynes. E. Lionel Robbins. 2. The economics concept that emphasizes prioritization of human wants is referred to as A. choice. B. need. C. opportunity cost. D. scale of preference. E. scarcity. Use the information below to answer the questions that follows” Given the tonnes of cocoa produce in Idanre in 5 years as follows 3. Determine the total tonnes of cocoa produced from 2001 to 2004. A. 60 B. 80 C. 150 D. 180 E. 220 4. Which of the following is not a feature of a good table? A. Clearly labeled axis B. Clear layout C. Easy to comprehend D. Explanatory footnote E. Well titled 5. The basic economic problems of society include the following except A. efficient production. B. efficient use of resources. C. for whom to produce. D. how to produce. E. what to produce. 6. A form of production that deals with general services is production. A. direct B. industrial C. primary D. secondary E. tertiary 7. The reward for capital as a factor of production is A. commission. B. interest C. profit. D. rent. E. wage. 8. Which of the following is not a form of business organization? A. Cooperative society B. Industry C. Joint-stock company D. Partnership E. Sole proprietorship 9. The document that provides the rules and regulations that governs the internal working of an organization is referred to as A. article of association. 8. certificate of incorporation. C. deed of partnership. D. memorandum of association. E. memorandum of understanding. 10. The difference between birth and death rate is A. fertility rate. B. infant mortality. C. natural growth rate. D. optimum population. E. population density. 11. The third stage of the Demographic Transition Theory is characterized by A. high death rate. B. high death rate and high birth rate. C. low birth rate and high death rate. D. low death rate and low birth rate. E. overpopulation. 12. If a bank cashier rises to the rank of bank manager, this is called___mobility of labour. A. geographical B. horizontal C. occupational D. technological E. vertical 13. The objective of specialization is to A. efficiently allocate resources. B. increase the price of commodities. C. increase productive capacity. D. increase the use of labour. E. reduce workers’ skills. 14. Which of the following is the correct chain of distribution? A. Manufacturer —> Consumer —> Wholesaler —> Retailer B. Manufacturer —> Retailer —> Wholesaler —> Consumer C. Manufacturer —> Wholesaler —> Retailer —> Consumer D. Retailer —> Wholesaler —> Manufacturer —> Consumer E. Wholesaler -> Retailer —> Manufacturer —> Consumer 15. Effective distribution of goods and services can be hindered by A. adequate market information. B. availability of credit facilities. C. efficient storage facilities. D. good road network. E. too many middlemen. 16.Which of the following is not an example of commodity money? A. Beads B. Coins C. Cowry shells D. Elephant tusk E. Slaves 17. The Central Bank of Nigeria’s policy of producing polymer against the paper notes is anchored on what characteristic of money? A. Acceptability B. Divisibility C. Durability D. Homogeneity E. Portability 18. A system of agriculture where a number of individual farmers pool their resources in order to produce a large quantity of products in farming. A. commercial B. cooperative C. livestock D. mechanized E. plantation 19. If the weekly revenues accrued to a firm are: N2,500, Nl,500, N1,000, N2,000, N17,000, N2,600 and Nl,200. Determine the range of the firm’s weekly transaction. A. N10,000 B. N12,200 C. N14,000 D. N16,000 E. N18,000 20. If the mean of die following numbers 1, x, 4 and 5 is 3, find x. A. 1 B. 2 C. 3 D. 4 E. 5 Economics NECO Essay Questions 1. (a) Define the Price System. (4 marks) (b) Discuss four features of the Price System. (16marks) 2. Explain five roles played by Agriculture in the Economic development of Nigeria. (20 marks) 3. State and explain five problems militating against industrialization in Nigeria. (20 marks) 4. (a) Differentiate between Inflation and Deflation. (5 marks) (b) Briefly discuss three monetary and two fiscal policies for controlling inflation. (15 marks)

What are the benefits of studying past questions for the NECO Economics exam?

  • Familiarize yourself with the format of the exam.
  • Identify the areas of economics that you need to study more.
  • Practice answering questions under timed conditions.

Where can I find NECO Economics past questions?

  • Purchase a past questions booklet from a bookstore or online retailer.
  • Find past questions online.

How should I use past questions to prepare for the NECO Economics exam?

Read through the past questions and answer the questions.
Create a practice test and answer a set of past questions in the same amount of time that you will have for the actual exam.

neco economic essay 2021

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NECO Economics Past Questions and Answers | Theory and Objectives –Download PDF.

NECO Economics Past Questions and Answers | Theory and Objectives –Download PDF. The National Examination Council of Nigeria (NECO) Examination is around the corner. This article provides the readers with the information on how to download NECO Economics Past Questions and Answers. NECO Economics Questions are essential for you to know if you want to pass the NECO SSCE Economics Exams 2023.

The NECO Economics past questions and answers is a compiled material in PDF that contains past questions from NECO Economics Exams of previous years. The material comes with answers and is easily downloadable.

NECO Scratch Card Price 2021

  • NECO Commerce Past Questions and Answers | Theory and Objectives –Download PDF.
  • NECO English Past Questions and Answers –Download PDF.

You can download the materials here. The instructions on how to download the NECO Economics can be found below. You are expected to follow the instructions in order for you to succeed. The material does not only contain information on NECO Economics Questions and answers but how to pass exams as well. You can see this article on the 21 indispensable steps to pass any exams with high grade .

Download also: WAEC past Questions and Answers .

NECO Economics Sample Questions and Answers 2023

ECONOMICS OBJ

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1-10 BEEBECEBAE 11-20 EACAACACDD 21-30 EDCEBCBEAE 31-40 AECDBDABBC 41-50 DBEDBEEABD 51-60 DCEADABCEB

2a) A = 15 B =15 + 13 = 28 C = 20/3 = 6.7 D = 40 – B = 40 – 28 = 12 E 70/4 = 17.5 F = 20/5 = 4 G = 17 * 6 = 102 H = 82 – 60 = 22 I 113/7 = 16.1 J = 19.5 * 8 = 156

2b) Draw the Graph

2c) As output rises, the AFC decreases and the curve the represents it *** slope *** from left to right

1b) Tabulate: Year | Cocoa | Crops palm oil | Cotton | Total(#) 1970 | 100 | 150 | 250 | 500 1971 | 150 | 75 | 225 | 450 1972 | 250 | 200 | 150 | 600

Total = #1550m =#1.55b

1c) Percentage = 150/600 * 100 = ¼ * 100 = 25%

1d) Degree = palm oil expert in 1971 * 360° Total expert in 1971 = 75/450 * 360° = 60°

4a) Trade union is an organized association of workers in a trade, group of trades, or profession, formed to protect and further their rights and interests

4b) i ) Trade Unions working for the Progress of the Employees:

The trade unions try to improve the economic conditions of the workers by representing their cases to the employers and try to get adequate bonus to the workers.

1. ii) Safeguarding the Interests of the Workers:

Most of the industries try to exploit the workers to the maximum. They do not provide any benefits such as increasing their wages, granting sick leaves, giving compensation in case of accidents, etc. The workers are not made permanent even after many years of service and in some cases they are removed from service summarily. The trade unions provide security to the employees in such situations.

iii) Increasing Co-operation and Well-being among Workers:

It is in this context that the trade unions come into the picture and they promote friendliness and unity among the workers. Besides this, the trade unions also discuss the problems, which are common to all the workers. It is a platform where workers come together and know each other. The trade unions also provide some kind of entertainment and relaxation to the workers.

Iv )Establishing Contacts between the Workers and the Employers:

The trade unions play an important role in bringing to the notice of the employers the difficulties and grievances of the employees. They try to arrange face-to-face meetings and thus try to establish contacts between the employees and the employers.

4c) i)picket lines ii ) strike

3a) Similarities are : *Both provide long-term loans to their member countries

*Both aim to promote economic development

*Both render technical and financial advice to member states

  • ii) One difference is; ADB is meant for African countries only while IBRD is a global bank

3b) Benefits obtained by Nigeria from world bank are:

–Approval of $500 million to improve material and child health in the country in 2015

–Approval of a $200 million credit to support the Nigeria agricultural sector, especially small and medium scale farmers in march, 2017

8) Elasticity of supply is measured as the ratio of proportionate change in the quantity supplied to the proportionate change in price

8b) i )Possibility of Substitution:

The change in supply in response to the change in price depends on the possibility of substitution of a product for others. If the market price of potato rises, resources will be shifted from there cultivation like tomato and employed in the cultivation of potato. The greater the possibility of shifting of resources to the potato cultivation, the greater is the elasticity of supply of potato.

ii )Infrastructural facilities:

The expansion of supply of a commodity also depends on the availability of productive facilities and inputs. The agricultural producer can not increase in response to the rise in price unless there is sufficient flow of fertilizers, irrigation etc. In case of industrial goods the expansion of supply is inhibited by the shortage of power, fuel and the essential raw materials.

iii )Producers response:

The elasticity of supply for a product depends on the producers’ responsiveness to the change in its price. The quantity supplied of a commodity will not change if the producers do not react positively to the increase in prices. Producers do not always increase the quantity supplied of a commodity to a rise in price.

iv )Marginal Cost:

Elasticity of supply of a commodity depends on the marginal cost of production. The elasticity of supply of a commodity would be less if the marginal cost of production goes up. In the short run, diminishing marginal returns operates as some factors are fixed. This gives rise to expansion of marginal cost of production.

7a)A tariff is a tax imposed by a government on goods and services imported from other countries that serves to increase the price and make imports less desirable, or at least less competitive, versus domestic goods and services

7b) i )Infant Industries

ii ) National Defense

iii ) Domestic Employment

Iv ) Aggressive Trade Practices

V ) Environmental Concerns

10a) Production is incomplete without distribution because the main aim of production is to satisfy human wants. When the link between the producers and the consumers is absent, then the aim is defected.

10b) Factors that affect the volume of production are;

  • The quantity and quality of factors of production (I.e land, labor, capital and entrepreneur). For example, amount of capital determines the labor to be hire and raw materials to be bought.
  • The size of market: This is the extent to which the products are demand.

Iii. The nature of the product: If the goods are durable in nature, more can be produced and stored. Perishable goods have to be produced based on the ones that can be sold at that time since they cannot be stored for a long time.

  • iv) Availability of raw materials: This will determine the quantity of good to be produced.
  • v) Government policy: This has to do with the nature of economic policy of the government. The more favorable the government economic policy, the more they volume of goods to be produced and vice versa.

How to Download NECO Economics past Questions and Answers

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Tips on How to Pass NECO Examination 2023

If you want to Past the NECO Examination this year, you will need to follow the instructions below.

  • Practice daily with NECO Past Questions and Answers
  • Write out your subjects, the dates and time.
  • Engage in general revision few days to the examination and dwell more on the subjects you find difficult.
  • Focus on only your first paper a week to the exam. This would make it sweet and you will have energy to read for other papers.
  • Don’t read any other subject when it is two days to a particular subject.
  • When you have two papers that are separated by only one day, read the second one first before going to the subject you have first.
  • Ensure to be in the NECO examination venue at least two hours to the examination so that you would be balanced.
  • Try to be up to date in cases of changes in the timetable.
  • Have a personal copy of the NECO timetable and syllabus.
  • Go through your timetable daily so that you don’t miss any paper.
  • Don’t go to the hall when you are not having paper that day.

Disclaimer: Please note these are not the actual questions and answers that you will find in the NECO Examination this year, but they are the likely questions. to get the actual NECO Past Questions and answers, please call 07063986527.

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Disclaimer: Please note that we are not in any way affiliated with any of the organizations or institutions here. All articles here are for the sole purpose of providing information. All Past questions are gotten from previous years’ examinations and likely questions from the Internet and related exams. We are not in any way promising that what you find in the past questions is what you will find in your examination. We are not in any way responsible for how the reader uses the information here. Please do consult an expert or professional in your field should the need arise. Copyrights Infringement: No article from this website should be copied without a proper reference and link to the page picked from. Anything otherwise will lead to legal action of copyright infringement. All articles on this website are products of painstaking research from our writers and journalist. Should you find any material bearing semblance here to any material on your page, please quickly notify us by sending a mail to [email protected] and we will immediately commence the process of taking it down.

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NECO Economics Questions and Answers 2023/2024 (Theory and Objectives)

NECO   Economics Questions and Answers 2023. I will be showing you past Economics objectives and theory repeated questions for free in this post. You will also understand how  NECO  Economics questions are set and how to answer them.

The National Examinations Council (NECO) is an examination body in Nigeria that conducts the Senior Secondary Certificate Examination and the General Certificate in Education in June/July and December/January respectively.

Table of Contents

NECO Economics Objectives and Essay Answers 2023 (Expo)

The 2023 NECO Economics expo will be posted here today 1st August during the NECO Economics examination. Keep checking and reloading this page for the answers.

Today’s Economics OBJ Answers:

1-10: EDBEDCCDAE

11-20: CAADBCEBEA

21-30: BCCCBCAECA

31-40: DCEAADDCDD

41-50: CBEDEDDCBC

51-60: BDDACCDBEC

NECO Economics Essay Answers:

Population Growth Rate = ((Current Year Population – Previous Year Population) / Previous Year Population) x 100

(i) The population growth rate in 2000 : ((85-105)/105) x 100% = -19.05%

(ii) The population growth rate in 2001 is: ((65-85)/85) x 100% = -23.53%

(iii) The population growth rate in 2002 is: ((70-65)/65) x 100% = 7.69%

Percentage of Working Population = (Working Population / Total Population) x 100

(i) The percentage of the working population in 1999 is: (45/105) x 100% = 42.86%

(ii) The percentage of the working population in 2000 is: (25/85) x 100% = 29.41%

(i) Economic growth: A working population contributes to the growth of the economy by producing goods and services. They also pay taxes which can be used for the development of infrastructure and other public services.

(ii) Reduced dependency ratio: A working population reduces the dependency ratio, which is the ratio of non-working individuals to working individuals. This means that there are more people who are able to support themselves and others who are unable to work, such as children and the elderly.

Price (₦) | Quantity Demanded

————|——————

Elasticity of demand = (Percentage change in quantity demanded) / (Percentage change in price)

Percentage change in quantity demanded = (New quantity demanded – Old quantity demanded) / Old quantity demanded x 100

= (150 – 100) / 100 x 100 = 50%

Percentage change in price = (New price – Old price) / Old price x 100

= (80 – 200) / 200 x 100 = -60%

Elasticity of demand = (50% / -60%) = -0.83

The nature of elasticity in (-0.83) is inelastic.

(i) The coefficient of price elasticity of demand is less than 1 indicating that the demand for milk is relatively unresponsive to price changes. This suggests that even though there was a significant decrease in price the increase in quantity demanded was relatively smaller.

(ii) Inelastic demand typically occurs for products that are necessities or essential goods. Milk is considered an essential food item so even when the price decreases consumers are still likely to purchase it due to its necessity.

(i) The price of the good or service

(ii) The income of consumers

(iii) The availability of substitute goods or services.

An entrepreneur is an individual who starts and manages a business or enterprise, typically taking on financial risks in order to do so. Entrepreneurs are known for their willingness to innovate, their ability to identify and seize opportunities, and their determination to succeed.

(PICK ANY FIVE)

(i.)Job creation: Entrepreneurs are key drivers of job creation in an economy. By starting new businesses or expanding existing ones, entrepreneurs generate employment opportunities, reducing unemployment rates and stimulating economic growth.

(ii.)Innovation and technological advancements: Entrepreneurs are often the catalysts for innovation and technological advancements. They identify unmet needs or problems in the market and develop innovative solutions, introducing new products, services, or business models that disrupt existing industries and drive progress.

(iii.)Economic growth and development: Entrepreneurs play a vital role in driving economic growth and development. Their ability to identify and seize market opportunities leads to increased productivity, greater efficiency, and the generation of wealth, which ultimately contributes to overall economic growth.

(iv.)Competition and market dynamics: Entrepreneurs introduce competition into markets, which benefits consumers by offering a wider range of choices, better quality products or services, and competitive pricing. This stimulates market dynamics and encourages existing businesses to improve and innovate to stay competitive.

(v.)Wealth creation and income distribution: Entrepreneurship provides opportunities for wealth creation, both for the entrepreneurs themselves and for their employees. The successful growth of businesses can lead to increased profitability, higher wages, and improved living standards for individuals and communities.

(vi.)Regional development: Entrepreneurs often play a crucial role in driving regional development by establishing businesses in underdeveloped or economically disadvantaged areas. This can lead to the revitalization of local economies, attracting investment, infrastructure development, and improving the overall quality of life in those regions.

(vii.)Social impact and philanthropy: Successful entrepreneurs often use their wealth and influence to make a positive social impact. They may engage in philanthropic activities, support charitable causes, or invest in initiatives that address social or environmental issues, contributing to the well-being of society as a whole.

Specialization is the process of focusing on a specific task or skill in order to become more efficient and productive in that area. It involves individuals or organizations choosing to concentrate on a narrow range of activities and becoming highly proficient in those particular tasks.

Advantages of Division of Labour

(i) Increased efficiency: When individuals or organizations specialize in a specific task they can develop expertise and skill in that area. This leads to increased efficiency and productivity as they become faster and more adept at carrying out the task. By allocating specific tasks to individuals who are skilled in those areas overall productivity is maximized.

(ii) Time-saving: Division of labor allows individuals to focus on their specific tasks eliminating the need to switch between different activities. This saves time and reduces the chances of errors or delays that could occur when switching tasks. By streamlining the workflow and reducing time wasted on transitioning between tasks the overall time taken to complete a project or produce a good is decreased.

(iii) Specialization leads to innovation: When individuals or organizations concentrate on a specific area they tend to become experts in that field. This depth of knowledge and experience often leads to innovation and advancements within that area. Specialized workers can come up with new techniques processes or ideas to improve their work leading to better quality products or services.

Disadvantages of Division of Labour

(i) Lack of versatility: Specialization in a particular task or skill can limit an individual’s ability to perform different tasks. This can make them less adaptable and flexible in a changing work environment. If there is a need for individuals to perform multiple tasks lack of versatility due to specialization can be a disadvantage.

(ii) Monotony and job dissatisfaction: Specialization often involves repetitive tasks that can become monotonous over time. This can lead to job dissatisfaction and lack of motivation among workers. The lack of variety in tasks can also lead to boredom and burnout which can have negative effects on job performance and overall morale.

Economic integration refers to the process of removing barriers to trade and investment between different economies in order to promote closer economic ties and cooperation. It involves the creation of a single market and the establishment of common policies and regulations among participating countries or regions.

(i) Increased trade: One of the primary goals of economic integration is to promote trade among participating countries. By eliminating tariffs quotas and other trade barriers countries can experience a significant increase in the flow of goods and services across borders. This leads to expanded markets for businesses increased efficiency and greater choice and lower prices for consumers.

(ii) Enhanced economic growth: Economic integration can stimulate economic growth by creating new opportunities for businesses and promoting investment. When countries come together to form a larger market it can attract more domestic and foreign investment leading to increased production and economic activity. This can result in higher levels of employment income and overall economic prosperity.

(iii) Access to larger markets: Economic integration allows businesses to access larger markets beyond their own domestic market. This can be especially beneficial for small and medium-sized enterprises (SMEs) that may have the or on a larger customers and opportunities growth which can up and become more.

(iv) Economies: Economic integration facilitates the consolidation of of of scale countries their economies businesses can production volumes which to cost savings and increased. This can particularly advantageous require significant investments technology as they can their fixed larger customer base.

(v) Cooperation: Economic foster closer political cooperation and likelihood of conflicts or disputes among participating countries. By working together to create common policies and regulations countries develop a greater sense of trust and interdependence. This can lead to stronger diplomatic ties increased regional stability and improved prospects for collaboration in other areas such as security environmental protection and social welfare.

Economic growth refers to an increase in the production of goods and services in a country over a period of time, while economic development refers to the improvement in the living standards of people in a country over a period of time.

(i) Low per capita income: Developing economies are characterized by low per capita income, which means that the average income of people in these economies is low.

(ii) High poverty rate: Developing economies are characterized by a high poverty rate, which means that a large percentage of the population lives below the poverty line.

(iii) High unemployment rate: Developing economies are characterized by a high unemployment rate, which means that a large percentage of the population is unemployed or underemployed.

(iv) Low levels of infrastructure: Developing economies are characterized by low levels of infrastructure, which means that basic amenities such as roads, electricity, and water supply are inadequate.

(v) Dependence on primary sector: Developing economies are characterized by a dependence on the primary sector, which means that a large percentage of the population is engaged in agriculture and other primary activities.

(a) Consumer Surplus: Consumer surplus is the economic benefit that consumers receive when they are able to purchase a product at a price lower than the maximum price they are willing to pay. It represents the difference between the price consumers are willing to pay and the actual price they pay. Consumer surplus is a measure of the overall welfare or satisfaction that consumers gain from their purchases.

(b) Balance of Payments Deficit: The balance of payments deficit refers to a situation where a country’s payments for imports and other international transactions exceed its receipts from exports and other international transactions over a specific period. It means that the country is spending more on foreign goods, services, and investments than it is earning from its exports and investments abroad. A balance of payments deficit indicates an outflow of domestic currency from the country and can have implications for the country’s currency value and overall economic stability.

(c) Terms of Trade: Terms of trade refers to the ratio at which a country can trade its exports for imports from another country. It represents the relative prices of a country’s exports and imports. An improvement in terms of trade means that a country can acquire more imports for a given quantity of exports, resulting in increased economic welfare. Conversely, a deterioration in terms of trade means a country has to export more to purchase the same quantity of imports, which can negatively impact its economic well-being.

(d) Elasticity of Demand: Elasticity of demand measures the responsiveness of the quantity demanded of a product to a change in its price. It indicates how sensitive consumers are to price changes. If demand is elastic, a small change in price will result in a proportionately larger change in quantity demanded. On the other hand, if demand is inelastic, quantity demanded will not change significantly in response to price fluctuations. Elasticity of demand is important for businesses to determine the impact of price changes on their revenue and profitability.

(e) Budget Surplus: A budget surplus occurs when a government’s total revenue (such as taxes, fees, and other income) exceeds its total expenditure during a specific period. It represents a positive balance in the government’s budget, indicating that it has generated more income than it has spent. A budget surplus can have various implications, such as reducing government debt, increasing available funds for public investments, or potentially lowering taxes. It is generally seen as a positive economic indicator, reflecting sound financial management.

Mechanized farming refers to the use of various equipment and machinery to enhance the efficiency and effectiveness of farming practices. This might include the use of tractors, harvesters, irrigation systems, drones for crop monitoring, automated feeders for livestock, and other advanced technology.

(i) Employment Generation: Agriculture is the largest employer of labor in Nigeria, providing jobs for millions of citizens and reducing unemployment rates.

(ii) GDP Contribution: As of my knowledge cut-off in 2021, Agriculture contributed about 23.8% of Nigeria’s Gross Domestic Product (GDP), making it a significant player in the economy.

(iii) Foreign Exchange Earnings: Agricultural exports, such as cocoa, palm oil, cashew nuts, and others, earn foreign exchange which helps in balancing the country’s external trade.

(iv) Provision of Raw Materials: Agriculture provides raw materials for industries such as food processing, textiles, and breweries, thus fostering industrial development.

(v) Food Security: By producing food crops, Nigeria can ensure food security and reduce its dependence on food imports.

Cooperative Society is a voluntary association of individuals united by common economic, social, or cultural needs and aspirations. They come together to form a democratically controlled enterprise.

(i) Personal Savings: This is the most common source of finance for small businesses where the entrepreneur uses their personal savings to start a business.

(ii) Retained Earnings: This is the profit that a company has earned but not yet distributed to its owners. Instead, it’s reinvested back into the business.

(iii) Bank Loans: Banks offer loans which businesses can use to finance their operations. They will have to pay back the loan with interest over a period of time.

(iv) Equity Finance: This involves selling a portion of the business to investors in return for capital. This could be through selling shares to the public (IPO) or private equity investment.

(v) Trade Credit: Suppliers may offer goods or services to businesses on credit. This allows businesses to delay payment, effectively giving them short-term financing.

—————————————————————————————

See: NECO Biology Questions and Answers

NECO Economics Practice Questions and Answers

The questions below are the NECO 2023 Economics Practice Questions. Go through them and be ready to score high in your NECO 2023 Economics Examination.

1. Developments outside a given firm which reduce the firm’s costs are called A. internal economics B. external economics C. external diseconomies D. optimum effects

ANSWER: B (external economics)

2. If at 10K per kg, 1000kg of yam were purchased, the resultant point elasticity of demand is A. 0.33 B. 0.0001 C. 1 D.10000

ANSWER: C (1)

3. A situation in which all inputs are doubled and output also doubles is known as A. constant proportions B. increasing returns to scale C. constant returns D. constant returns to scale.

ANSWER: D (constant returns to scale)

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Tips on How to Pass NECO Economics Questions

The following tips will help you to pass the upcoming NECO Economics examination.

Have a Target and Work Towards Actualizing it 

You have decided to pass NECO Economics 2023 and I am sure of that. Now, the next thing you should do is set targets.

You have told yourself, “I will score A in Neco Economics 2023”, that’s not all. You need to plan on how to make it happen. Create a timetable and master plan to achieve your goals.

 Get the Recommended Textbook on Economics for 2023 NECO Examination

Normally, NECO recommends books for the examination. Apart from  NECO Literature where certain novels are compulsory, you are free to use any good Economics textbook to prepare for NECO 2023 exam.

Some textbooks are more difficult to understand. If you have any topic you are finding difficult to understand, then get a textbook that will simplify the topics and make life better for you.

 Do not Skip Economics Examples and Exercise you Will Come Across While Reading: 

Many candidates are fond of skipping exercises and even examples while studying textbooks. In fact, we like notebooks so much that we could ask, “can I read my notebook and pass NECO Economics 2023?” Don’t be scared of attempting exercises in Economics. Face the challenges.

If you have any questions about the  NECO Economics Questions and Answers 2023 , kindly drop your question in the comment box.

Last Updated on August 1, 2023 by Admin

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  • NECO Past Questions 2021

December 18, 2023 Victoria Jackson NECO , Past Questions 0

English Past Question 2021

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A.  development of secondary sexual characteristics B.  onset of the heat period C.  milk let–down after parturition D.  development of udder

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A.  the eggs cannot be candled B.  the chicks are less healthy C.  the brooding hens sometimes abandon the eggs D.  it takes a longer time for eggs to hatch

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7 Tips to Prepare for NECO Exams

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neco economic essay 2021

June/July NECO Economics Questions 2024 Free Answers (Essay & Obj) 100% Verified Solution

NECO 2024 Economics essay and OBJ answers has now been released online. All student can check, and see 2024 NECO Economics Questions June/July verified solution for free here. The exam has been confirmed and will take place on 16th July, 2024. The National Examinations Council (NECO) is a Nigerian examination body responsible for conducting and administering national examinations at the secondary school level. NECO plays a crucial role in assessing and certifying students’ academic achievements across various subjects.

The NECO Economics exam will evaluates students’ understanding of economic principles, theories, and their application in real-world scenarios. This subject is important as it test students on critical thinking and analytical skills, preparing students for further studies and practical situations in the field of economics.

We that this subject is important for all discipline. Both science and art need it as part of their subject, and we are giving it special consideration.

The information reaching us right now is that Economics expo answers is ready with us. OUR subject expert have verified it to be correct and the are currently busy with the solving.

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Is NECO Economics Questions 2024 Answers Out?

Yes, this is to inform all student that National examination board Economics theory and Obj is officially out. All verification and solving has been conclude with the question papers and answers posted to our VIP Group.

NECO has scheduled the Economics Papers III and II, which include both the Objective and Essay components, for Monday, July 15th, 2024, from 10:00 AM to 1:00 PM.

If you are writing this subject, make sure you review the syllabus thoroughly and practice past questions to ensure you’re well-prepared for the exam.

ECONOMICS OBJ 01-10: DCCBDCADBE 11-20: BCABCEEEBE 21-30: BBDDCACDED 31-40: BCDEEABBAD 41-50: EEDECCEDEA 51-60: DADEDABADB

neco economic essay 2021

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NECO Economics Essay Answers

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*NECO 2024 Economics THEORY ANSWERS*

*NECO 2024 ECONOMICS THEORY ANSWERS*

`SECTION A: ANSWER ONE(1) QUESTION ONLY“`

(1a) Total number of students = 400 + 200 + 180 + 300 + 250 = 1330

Percentage for 2000: (400/1330) x 100 = 30.1%

Percentage for 2001: (200/1330) x 100 = 15.0%

Percentage for 2002: (180/1330) x 100 = 13.5%

Percentage for 2003: (300/1330) x 100 = 22.6%

Percentage for 2004: (250/1330) x 100 = 18.8%

(1b) Diagram

(1c) Similarity: -Both bar charts and histograms are used to display data visually, making it easier to understand and compare.

Differences: (i) A bar chart is used to compare categorical data across different groups, while a histogram is used to display the distribution of continuous data. (ii) In a bar chart, the bars are spaced equally apart, whereas in a histogram, the bars are adjacent to each other, with no gaps in between. ===================================

(2ai) Marginal Propensity to Consume (MPC):

MPC = Change in Consumption / Change in Income = ₦1,200 / ₦10,000 (₦60,000 – ₦50,000) = 0.12 or 12%

(2aii) Marginal Propensity to Save (MPS):

MPS = Change in Saving / Change in Income = (₦10,000 – ₦1,200) / ₦10,000 = ₦8,800 / ₦10,000 = 0.88 or 88%

(2b) Multiplier:

Multiplier = 1 / (1 – MPC) = 1 / (1 – 0.12) = 1 / 0.88 = 1.136

(2c) (i) Income: As income increases, consumption tends to increase. (ii) Price: Changes in prices of goods and services affect consumption decisions. (iii) Interest Rate: Changes in interest rates influence borrowing and consumption. (iv) Consumer Preferences: Personal tastes, preferences, and attitudes towards saving and spending.

[7/16, 10:00 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER THREE*

(3) (i) Marginal cost: Marginal cost is the additional cost incurred when producing one more unit of a good or service. It is calculated by dividing the change in total cost by the change in quantity produced. Understanding marginal cost is important for businesses to make decisions about production levels and pricing strategies.

(ii) Wants: Wants refer to the desires or preferences that individuals have for goods and services. Human wants are unlimited, meaning that people always have more desires than they can fulfill. Wants are an important concept in economics because they drive consumption and influence the allocation of resources.

(iii) Scarcity: Scarcity is the fundamental economic problem of having unlimited wants and needs in a world of limited resources. Because resources are limited, individuals, businesses, and governments must make choices about how to allocate these resources in order to satisfy their needs and wants. Scarcity necessitates the need for economic decision-making.

(iv) Choice: Choice refers to the act of selecting among alternatives or options. In economics, individuals, businesses, and governments must make choices about how to allocate scarce resources to best satisfy their wants and needs. Choices involve trade-offs, as selecting one option often means forgoing another. Rational decision-making involves weighing the costs and benefits of different choices.

(v) Opportunity cost: Opportunity cost is the value of the next best alternative forgone when a decision is made. It represents the benefits that could have been gained by choosing an alternative course of action. Understanding opportunity cost is important for decision-making, as it helps individuals and businesses evaluate the trade-offs involved in different choices. [7/16, 10:01 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER FOUR*

(4) (PICK ANY FOUR) (i) What to produce: This problem relates to the decision about which goods and services should be produced to best satisfy the wants and needs of the society. It involves determining the mix of goods and services that will maximize utility and welfare for the population.

(ii) How to produce: This problem refers to deciding on the most efficient methods of production to minimize costs and use resources effectively. It involves choosing between different production techniques, technologies, and resource allocations to produce goods and services in the most cost-effective way.

(iii) For whom to produce: This problem concerns the distribution of goods and services among the members of society. It involves deciding how to allocate the produced resources and goods among individuals or groups based on factors such as income, wealth, and needs.

(iv) How much to produce: This problem relates to determining the optimal quantity of goods and services to produce in order to meet demand without oversupplying the market or creating shortages. It involves balancing supply and demand to ensure efficient resource allocation.

(v) How to promote economic growth: This problem focuses on strategies for increasing the overall production and wealth of society over time. It involves decisions about investing in new technologies, infrastructure, education, and other factors that can stimulate economic growth and development.

(vi) How to address externalities: This problem involves dealing with the external costs or benefits that result from economic activities but are not reflected in market prices. Externalities can have positive or negative impacts on society, and addressing them requires policies and regulations to internalize these external costs or benefits. [7/16, 10:02 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER FIVE*

(5a) Utility is a term used in economics to represent the satisfaction or benefit that consumers derive from consuming goods and services. It is a measure of the level of happiness or well-being that individuals receive from the consumption of a particular product or service.

(5b) (PICK ANY THREE) (i) Form utility: This type of utility is created by changing the form or shape of a product to make it more useful to consumers. For example, processing raw materials into finished goods adds form utility. (ii) Place utility: Place utility is created by making goods and services available at convenient locations for consumers. The closer a product is to where consumers are, the higher the place utility. (iii) Time utility: Time utility is created by providing goods and services at the time when consumers need them. For example, offering seasonal products during the appropriate time of year. (iv) Possession utility: Possession utility is created by making it easy for consumers to acquire and own goods and services. This can include offering financing options or easy payment terms. (v) Information utility: Information utility is created by providing consumers with information about products and services to help them make informed purchasing decisions. This can include product reviews, specifications, or comparisons. (vi) Service utility: Service utility is created by providing additional services along with the product to enhance customer satisfaction. This can include warranties, customer support, installation services, and maintenance services.

(5c) (PICK ANY TWO) (i) Total utility is the total satisfaction or benefit obtained from consuming all units of a good or service, WHILE marginal utility is the additional satisfaction gained from consuming one additional unit. (ii) Total utility is calculated by summing up the utility derived from consuming all units of a good, WHILE marginal utility is calculated by determining the change in total utility when consuming one additional unit. (iii) Total utility can increase, decrease, or remain constant as more units of a good are consumed, WHILE marginal utility typically decreases as more units are consumed due to the law of diminishing marginal utility. (iv) Total utility focuses on the overall satisfaction derived from consuming all units of a good, WHILE marginal utility focuses on the incremental satisfaction gained from consuming each additional unit. (v) Total utility helps in assessing the overall satisfaction derived from consuming a certain quantity of a good, WHILE marginal utility helps in determining the optimal quantity to consume by comparing the additional satisfaction to the additional cost. (vi) Total utility is derived from the sum of marginal utilities of all units consumed, WHILE marginal utility contributes to the total satisfaction obtained from consuming multiple units of a good. [7/16, 10:02 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER SIX*

(6a) Public finance is a branch of economics that deals with the revenue, expenditure, and debt of governments at various levels (national, state, and local). It focuses on how governments raise funds through taxation and other means, as well as how they allocate and manage those funds to provide public goods and services, achieve economic stability, and promote social welfare.

(6b) (PICK ANY FIVE) (i) Economic Growth: Fiscal policy aims to promote economic growth by implementing measures such as increasing government spending on infrastructure, providing tax incentives for investments, and promoting research and development. (ii) Price Stability: Fiscal policy seeks to control inflation and maintain price stability by adjusting taxes and government spending to manage aggregate demand in the economy. (iii) Full Employment: Fiscal policy aims to achieve full employment by stimulating economic activity through government spending and tax policies that encourage job creation. (iv) Income Distribution: Fiscal policy aims to promote a more equitable distribution of income and wealth by implementing progressive tax policies and social welfare programs that help reduce income inequality. (v) Resource Allocation: Fiscal policy aims to ensure efficient allocation of resources by directing government spending towards sectors that have positive externalities and contribute to long-term economic growth. (vi) Macroeconomic Stability: Fiscal policy aims to maintain macroeconomic stability by managing government finances to avoid excessive deficits or surpluses that could lead to economic instability. (vii) External Balance: Fiscal policy also aims to maintain external balance by managing trade and capital flows to ensure a sustainable balance of payments position and exchange rate stability. [7/16, 10:03 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER SEVEN*

(7a) Price legislation refers to laws and regulations enacted by the government to control or influence the prices of goods and services in the economy. Price legislation can involve setting price ceilings (maximum prices that sellers can charge) or price floors (minimum prices that buyers must pay) for certain products or industries to protect consumers, promote fair competition, or achieve other policy goals.

(7b) (i) Consumer Protection: One of the primary objectives of price control policy is to protect consumers from price gouging and unfair pricing practices. Price controls can help ensure that essential goods and services remain affordable and accessible to all segments of the population, especially during times of crisis or economic hardship. (ii) Inflation Control: Price control policy can be used as a tool to control inflation by preventing excessive price increases in key sectors of the economy. By setting price ceilings or regulating price increases, the government can help prevent runaway inflation and maintain price stability. (iii) Market Stabilization: Price controls can be implemented to stabilize volatile markets and prevent sharp fluctuations in prices that can disrupt economic activity. By setting price floors or ceilings, the government can provide a buffer against sudden price spikes or crashes, promoting market stability and predictability. (iv) Income Redistribution: Price control policy can also be used to redistribute income and wealth by ensuring that essential goods and services are affordable to low-income and marginalized groups. By regulating prices for basic necessities such as food, housing, and healthcare, the government can help reduce income inequality and promote social equity. [7/16, 10:04 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER EIGHT*

(8) (i) Money Market: The money market is a segment of the financial market where short-term borrowing and lending of funds take place. It deals with instruments such as Treasury bills, commercial papers, certificates of deposit, and short-term loans. Participants in the money market include banks, financial institutions, corporations, and government entities. The main purpose of the money market is to facilitate liquidity management and provide short-term financing options for entities in need of funds.

(ii) Insurance Companies: Insurance companies are financial institutions that offer various types of insurance policies to individuals and businesses to protect against financial losses or risks. Insurance policies can cover a wide range of areas such as life insurance, health insurance, property insurance, liability insurance, and more. Policyholders pay premiums to the insurance company in exchange for coverage and protection against specified risks. Insurance companies invest the premiums received to generate returns and ensure they have adequate funds to pay out claims when needed.

(iii) Capital Market: The capital market is a segment of the financial market where long-term debt and equity securities are bought and sold. It includes markets for stocks, bonds, and other long-term investment instruments. The capital market provides a platform for corporations and governments to raise capital for long-term investment projects or operations. Investors participate in the capital market to invest their savings and earn returns on their investments. The capital market plays a vital role in the economy by facilitating capital formation, enabling economic growth, and channeling savings into productive investments. [7/16, 10:04 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER TWELVE*

(12) (PICK ANY FIVE) (i) Many Buyers and Sellers: In a perfectly competitive market, there are numerous buyers and sellers, none of whom can influence the market price individually. This condition ensures that no single buyer or seller can control the market and allows for free entry and exit of firms.

(ii) Homogeneous Products: Firms in a perfectly competitive market produce identical or homogeneous products that are perfect substitutes for each other. Consumers perceive no differentiation between the goods or services offered by different sellers in the market.

(iii) Perfect Information: All market participants have access to complete and accurate information regarding prices, quality, and production costs. Perfect information ensures transparency and allows buyers and sellers to make rational decisions based on market conditions.

(iv) Low Barriers to Entry and Exit: Firms can enter or exit the market freely without facing any significant barriers, such as high entry costs or legal restrictions. This condition promotes competition, innovation, and efficiency in resource allocation.

(v) Perfect Mobility of Resources: Resources, including labor, capital, and technology, can move freely between industries or firms within the market. Perfect mobility of resources ensures that factors of production are allocated to their most efficient uses, maximizing overall welfare.

(vi) Profit Maximization: Firms in a perfectly competitive market aim to maximize their profits by producing at the point where marginal cost equals marginal revenue. In the long run, firms earn normal profits, as entry and exit of firms drive economic profits to zero.

(vii) Price Taker: Each firm in a perfectly competitive market is a price taker, meaning it has no control over the market price and must accept the prevailing price determined by market forces of supply and demand. Firms adjust their output levels based on market price to maximize profits. [7/16, 10:05 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER ELEVEN*

(11a) Economic growth refers to the increase in a country’s production of goods and services over a specific period, typically measured by the rise in Gross Domestic Product (GDP). It signifies an expansion in an economy’s output, income, and overall prosperity, leading to improvements in living standards, job creation, and wealth accumulation. Economic growth is a key indicator of a nation’s economic success and development.

(11b) (PICK ANY FOUR) (i) Political Stability: A stable political environment is essential for attracting investments, fostering business confidence, and implementing long-term development policies. Political stability reduces uncertainty and risks for businesses and investors, promoting economic growth. (ii) Strong Institutions: Well-functioning institutions, including a reliable legal system, transparent governance structures, and effective regulatory agencies, are vital for promoting economic development. Strong institutions uphold the rule of law, protect property rights, and ensure a level playing field for businesses. (iii) Infrastructure Development: Adequate infrastructure, such as transportation networks, energy systems, communication technologies, and water supply facilities, is critical for supporting economic activities and facilitating trade. Investing in infrastructure enhances productivity, reduces costs, and stimulates economic growth. (iv) Human Capital Development: Investing in education, healthcare, and skills training is essential for building a skilled and productive workforce. Human capital development enhances innovation, productivity, and competitiveness, leading to economic growth and sustainable development. (v) Access to Finance: Access to finance, including credit facilities, capital markets, and financial services, is crucial for supporting entrepreneurship, business expansion, and investment in new ventures. A well-functioning financial system mobilizes savings, allocates resources efficiently, and stimulates economic growth. (vi) Technological Innovation: Embracing technological innovation and research and development activities drive economic growth by increasing productivity, improving efficiency, and fostering competitiveness. Investing in technology and innovation accelerates economic development and opens up new opportunities for growth and diversification. [7/16, 10:05 AM] Engr. Iyk: *NECO ECONOMICS*

*NUMBER TEN*

(10a) Human capital development refers to the process of investing in and enhancing the knowledge, skills, abilities, and health of individuals to improve their productivity, employability, and overall well-being. It involves education, training, and lifelong learning efforts aimed at developing the capabilities and talents of individuals to contribute effectively to economic growth and social development.

(10b) (PICK ANY FIVE) (i) Intangible Asset: Human capital is intangible and cannot be physically touched or measured in the same way as physical assets. It consists of individuals’ knowledge, skills, experience, and abilities that contribute to their productivity and performance. (ii) Developed through Education and Training: Human capital is developed and nurtured through education, training, and lifelong learning opportunities. Continuous investment in upgrading skills and knowledge is essential to enhancing human capital development. (iii) Unique to Individuals: Each individual possesses a unique set of human capital characteristics, including their education level, skills, talents, and experiences. This uniqueness contributes to the diversity and richness of human capital in a society. (iv) Economic Value: Human capital has economic value as it directly influences individuals’ productivity, earning potential, and contribution to economic growth and development. Governments and businesses recognize the importance of investing in human capital to drive innovation and competitiveness. (v) Long-term Investment: Human capital development is a long-term investment that yields benefits over time. Individuals and societies that prioritize education and skill development reap the rewards of enhanced human capital in the form of higher incomes, better job opportunities, and improved living standards. (vi) Transferable: Human capital can be transferable across different roles, industries, and sectors. Individuals can apply their knowledge and skills acquired in one context to another, making human capital versatile and adaptable to changing economic conditions. (vii) Subject to Depreciation: Similar to physical assets, human capital can depreciate over time if not maintained or upgraded. Continuous learning and skill development are necessary to prevent human capital from becoming obsolete in a rapidly changing job market.

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Economics 2020 WAEC Past Questions

Which of the following is central to the definition of Economics?

  • A. resources
  • C. scarcity

When the production possibility curve shifts outwards, the economy experiences

  • B. over-production
  • C. inefficient use of resources
  • D. under-production

Land as a factor of production is made useful through the 

  • A. application of human effort
  • B. acts of nature
  • C. application of fertilizer
  • D. use of machines

In a free market economy, resources are allocated through the 

  • A. government department
  • B. price mechanisms
  • C. trade union
  • D. state planning committee.

Use the figure below to answer question that follows

Open Photo

What does the diagram above depict

  • A. simple bar chart
  • B. complex bar chart
  • C. component bar chart
  • Mathematics
  • English Language
  • Animal Husbandry
  • Literature in English
  • Accounts - Principles of Accounts
  • Christian Religious Knowledge (CRK)
  • Agricultural Science
  • Islamic Religious Knowledge (IRK)
  • Civic Education
  • Further Mathematics
  • Home Economics
  • Book Keeping
  • Data Processing
  • Catering Craft Practice
  • Computer Studies
  • Physical Education
  • Office Practice
  • Technical Drawing
  • Food and Nutrition
  • Home Management

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NECO Timetable for 2021 June/July Exam (Official)

NECO timetable 2021 for June/July examination is out and anyone can check it online. The National Examination Council, NECO SSCE (Internal) 2021 Examination Timetable is also available in PDF format and can be viewed on their official portal but we have made it easier to view here.

NGScholars wishes to inform you that the NECO Timetable for candidates who are preparing for the NECO June/July Senior School Certificate Examination (Internal) has been released.

Also in this post are the 2021 NECO June/July exam starting date and paper code for each subject.

NECO Timetable 2017

You can check the NECO GCE Timetable (Nov/Dec) here if that is what you are looking for.

When Is NECO Starting In 2021?

According to the information on the NECO 2021 Timetable, the examination will start on  5TH JULY, 2021  and end on  16TH AUGUST, 2021 .

NECO Timetable 2021 for June/July Exam Details

The NECO SSCE internal has about seventy-six subjects.

1. Compulsory Cross-Cutting Subjects 2. Science and Mathematics 3. Technology 4. Humanities 5. Business Studies and 6. Trade/Entrepreneurship.

The minimum number of subjects a candidate can sit for is eight while the maximum is nine. All Senior Secondary schools in the Federation present Candidates for The National Examination Council SSCE Internal.

RECOMMENDED:  NECO Registration Guidelines [June/July SSCE]

Check NECO Timetable 2021 for June/July SSCE.

The NECO SSCE internal has seventy-six subjects.  Follow the link below to download the PDF version. [The PDF version contains the paper code and duration for each subject].

Monday 5th July to Friday 9th July (Actual date and time will be fixed by the Council)

  • Paper 1: Practical – Physical Education 
  • Paper 1: Practical – Auto Mechanics 
  • Paper 1: Practical – Woodwork 
  • Paper 1: Practical – Home Management 
  • Paper 1: Practical – Foods and Nutrition 
  • Paper 1: Performance Test, Music Technology/Alternative 
  • Paper IV: Aural Music 
  • Paper IV: Oral French 
  • Paper IV: Oral Arabic 
  • Paper 1: Practical – Auto Body Repair and Spray Painting 
  • Paper 1: Auto Electrical Work 
  • Paper 1: Practical – Auto Mechanical Work 
  • Paper 1: Practical – Air Conditioning and Refrigeration 
  • Paper 1: Practical – Welding and Fabrication, Engineering Craft Practice 
  • Paper 1: Practical – Electrical Installation & Maintenance Work
  • Paper 1: Practical – Radio, Television and Electronics Work
  • Paper 1: Practical – Blocklaying, Bricklaying and Concrete Work
  • Paper IV: Exhibition – Painting and Decoration
  • Paper 1: Practical – Plumbing and Pipe Fitting 
  • Paper 1: Practical – Machine Woodworking 
  • Paper 1: Practical – Carpentry and Joinery 
  • Paper 1: Practical – Furniture Making 
  • Paper 1: Practical – Upholstery 
  • Paper 1: Practical – Catering Craft Practice 
  • Paper 1: Practical – Garment Making 
  • Paper 1: Practical – Clothing and Textiles 
  • Paper IV: Exhibition – Dyeing and Bleaching 
  • Paper IV: Exhibition – Printing Craft Practice 
  • Paper 1: Practical – Cosmetology 
  • Paper IV: Exhibition – Photography 
  • Paper IV: Exhibition – Leather Goods, Manufacturing and Repair 
  • Paper 1: Practical – GSM Maintenance and Repairs 
  • Paper IV: Progressive Assessments – Animal Husbandry 

Monday 12th July

  • Paper 1: Practical – Physics – 10:00am – 12:45pm
  • Paper 1: Test of Practical – Health Education – 2:00pm- 3:30pm
  • Paper III & II: Objective & Essay – Health Education – 3:35pm- 5:35pm

Tuesday 13th July

  • Paper 1: Practical – Data Processing – 10:00am – 1:00pm

Wednesday 14th July 

  • Paper 1: Practical – Chemistry – 10:00am – 12:00noon
  • Paper 1: Written Comprehension – French – 2:00pm- 3:00pm
  • Paper II: Written Expression – French – 3:00pm- 4:45pm

Thursday 15th July

  • Paper 1(b): Painting and Decoration (Practical) – 10:00am- 4:00pm
  • Paper 1(b): Dyeing and Bleaching (Practical) – 10:00am – 4:00pm
  • Paper 1(b): Printing Craft Practice (Practical) – 10:00am – 4:00pm
  • Paper 1(b): Photography (Practical) – 10:00am – 4:00pm
  • Paper 1(b): Leather Goods Manufacturing and Repair (Practical) – 10:00am- 4:00pm
  • Paper 1: Practical – Mining – 10:00am – 12:00noon
  • Paper 1: Practical – Fisheries – 10:00am – 11:30am
  • Paper 1: Practical – Animal Husbandry – 10:00am – 11:30am
  • Paper 1: Practical – Stenography – 10:00am – 11:17am
  • Paper IV: Practical – Stenography (Word Processing) – 2:00pm- 4:00pm
  • Paper 1: Practical – Metal Work – 2:00pm- 5:00pm

Friday 16th July 

  • Paper III & II: Objective & Essay – Air-Conditioning & Refrigeration – 10:00am – 11:40am
  • Paper III & II: Objective & Essay – Electrical Installation & Maintenance Work – 10:00am – 12:00noon 
  • Paper III & II: Objective & Essay – Blocklaying, Bricklaying & Concrete Work – 10:00am – 12:00noon 
  • Paper III & II: Objective & Essay – Machine Woodworking – 10:00am – 11:40am
  • Paper III & II: Objective & Essay – Carpentry & Joinery – 10:00am – 12:00noon 
  • Paper III & II: Objective & Essay – Upholstery – 10:00am – 11:30am
  • Paper III & II: Objective & Essay – Stenography – 10:00am – 12:00noon
  • Paper III & II: Objective & Essay – Animal Husbandry – 10:00am – 12:00noon
  • Paper III & II: Objective & Essay – Fisheries – 10:00am – 12:00noon
  • Paper 1(a): Painting and Decoration (Report Writing) – 10:00am – 12:00noon
  • Paper 1(a): Dyeing and Bleaching (Report Writing) – 10:00am – 12:00noon
  • Paper 1(a): Printing Craft Practice (Report Writing) – 10:00am – 12:00noon
  • Paper 1(a): Photography (Report Writing) – 10:00am – 12:00noon
  • Paper 1(a): Leather Goods Manufacturing and Repair (Report Writing) –  10:00am – 12:00noon

 Monday 19th to Wednesday 21st July

  • SALLAH BREAK 

Thursday 22nd July

  • Paper 1: Practical – Biology – 10:00am – 12;00noon 
  • Paper 1: Practical – Technical Drawing – 2:00pm- 5:00pm
  • Paper III & II: Objective & Essay – Store Management – 2:00pm – 4:40pm

Friday 23rd July 

  • Paper III & 1: Objective & Practical / Physical – Geography – 10:00am – 12:30pm

Monday 26th July 

  • Paper 1: Practical – Computer Studies – 10:00am- 1:00pm

Tuesday 27th July 

  • Paper 1: Practical – Agricultural Science – 10:00am – 11:30am
  • Paper III & II: Objective & Essay – History – 2:00pm- 5:00pm
  • Paper 1: Drawing – Building Construction – 2:00pm- 5:00pm

Wednesday 28th July

  • Paper III & II: Objective & Essay – Chemistry – 10:00am- 1:00pm 
  • Paper III & II: Objective & Essay – Auto Mechanics – 2:00pm – 4:30pm
  • Paper III & II: Objective, Theory & Practice – Financial Accounting – 2:00pm- 5:50pm

Thursday 29th July

  • Paper III & II: Objective & Essay – Physics – 10:00am- 1:00pm
  • Paper III & II: Objective & Essay – Civic Education – 2:00pm- 5:00pm

Friday 30th July

  • Paper III & II: Objective & Essay – Agricultural Science – 10:00am – 12:30pm

Monday 2nd August

  • Paper II & III: Essay & Objective – English Language – 10:00am – 12:45pm
  • Paper IV: Test of Orals – English Language – 1:00pm- 1:45pm
  • Paper III & II: Objective & Essay – Physical Education – 3:00pm- 5:00pm
  • Paper III & II: Objective & Essay – Building Construction – 3:00pm- 5:00pm

Tuesday 3rd August

  • Paper IV: Creative Design – Visual Art – 10:00am- 1:00pm –
  • Paper 1: Drawing – Visual Art – 2:00pm- 5:00pm
  • Paper 1: Practical – Basic Electricity – 2:00pm- 5:00pm

Wednesday 4th August

  • Paper III & II: Objective & Essay – Economics – 10:00am- 1:00pm
  • Paper III & II: Objective & Essay – Metal Work – 3:00pm – 5:30pm

Thursday 5th August

  • Paper III & II: Objective & Essay – Biology – 10:00am – 12:30pm
  • Paper III & II: Objective & Essay – Hausa – 2:00pm – 5:00pm
  • Paper III & II: Objective & Essay – Igbo – 2:00pm – 5:00pm –  
  • Paper III & II: Objective & Essay – Yoruba – 2:00pm – 5:00pm
  • Paper ill & II: Objective & Essay – Edo – 2:00pm – 5:00pm
  • Paper III & II: Objective & Essay – Efik – 2:00pm – 5:00pm
  • Paper III & II: Objective & Essay – Ibibio – 2:00pm – 5:00pm

Friday 6th August

  • Paper II: Essay – Human and Regional Geography – 10:00am – 12:00noon
  • Paper III & II: Objective & Essay – Foods & Nutrition – 3:00pm-5:30pm

Saturday 7th August

  • Paper 1: Practical – Electronics – 10:00am – 1:00pm –  
  • Paper III & II: Objective & Essay – Government – 10:00am – 12:40pm
  • Paper III & II: Objective & Essay – Home Management – 3:00pm- 5:30pm

Monday 9th August

  • Paper III: Objective – General Mathematics – 10:00am – 11:45am –
  • Paper II: Essay – General Mathematics – 12:00noon – 2:30pm
  • Paper III & II: Objective & Essay – Woodwork – 3:30pm- 5:30pm

Tuesday 10th August

  • Paper III & II: Objective & Essay – Auto-Body Repair and Spray Painting – 10:00am- 12:30pm
  • Paper III & II: Objective & Essay – Auto Electrical Work – 10:00am- 12:30pm
  • Paper III & II: Objective & Essay – Auto Mechanical work – 10:00am- 12:30pm
  • Paper III & II: Objective & Essay – Auto Parts Merchandising – 10:00am-12:15pm
  • Paper III & II: Objective & Essay – Welding & Fabrication Engineering Craft Practice – 10:00am- 1:00pm
  • Paper III & II: Objective & Essay – Radio, Television & Electronics Work – 10:00am – 12:30pm
  • Paper III & II: Objective & Essay – Plumbing St Pipe Fitting – 10:00am- 12:30pm
  • Paper IV: Drawing & Design – Furniture Making – 10:00am – 12:00noon
  • Paper III & II: Objective & Essay – Furniture Making – 12:30pm- 2:15pm
  • Paper III & II: Objective & Essay – Catering Craft Practice – 10:00am – 12:30pm
  • Paper III & II: Objective & Essay- Garment Making – 10:00am – 12:30pm –
  • Paper III Si II: Objective & Essay – Clothing St Textiles – 10:00am – 12:30pm
  • Paper III & II: Objective & Essay – Cosmetology – 10:00am – 12:30pm
  • Paper III & II: Objective & Essay – Minning – 10:00am-12:45pm
  • Paper III & II: Objective & Essay – Tourism – 10:00am- 1:30pm
  • Paper III Si II: Objective & Essay – Data Processing – 10:00am- 1:00pm
  • Paper III & II: Objective & Essay – Store Keeping – 10:00am – 12:40pm
  • Paper III & II: Objective & Essay – Book Keeping – 10:00am – 1:50pm
  • Paper III & II: Objective & Essay – GSM Maintenance St Repairs – 10:00am – 1:00pm
  • Paper III Si II: Objective & Essay – Marketing – 10:00am-12:40pm
  • Paper III & II: Objective & Essay – Salesmanship – 10:00am-12:40pm
  • Paper III & II: Objective & Essay – Electronics – 2:30pm – 4:30pm
  • Paper III & II: Objective & Essay – Office Practice – 2:30pm- 5:30pm

Wednesday 11th August

  • Paper III & II: Objective & Essay – Commerce – 10:00am – 12:40pm
  • Paper III & II: Objective & Essay – Basic Electricity – 10:00am – 12:15pm
  • Paper III & II: Objective & Essay – Music – 2:00pm – 4:30pm
  • Paper III & II: Objective & Essay – Visual Art – 2:00pm – 5:00pm

Thursday 12th August

  • Paper III & IV: Objective Si Drawing – Technical Drawing – 10:00am- 12:30pm
  • Paper III & II: Objective, Essay St Literature – Arabic – 2:00pm- 5:30pm

Friday 13th August

  • Paper II: Drama & Poetry – Literature in English – 10:00am – 11:40am
  • Paper III & II: Objective & Essay – Insurance – 3:00pm – 5:40pm

Saturday 14th August

  • Paper III & II: Objective & Essay – Computer Studies – 10:00am – 1:00pm
  • Paper III & II: Objective & Essay – Christian Religious Studies – 3:00pm – 5:30pm
  • Paper III & II: Objective & Essay – Islamic Studies – 3:00pm – 5:30pm

Monday 16th August

  • Paper III: Objective – Further Mathematics – 10:00am – 12:00noon
  • Paper II: Essay – Further Mathematics – 12:15pm – 2:45pm
  • Paper III & IV: Objective St Prose – Literature in English – 3:15pm- 5:30pm
  • Paper IV: Drawing & Design – Woodwork – 3:15pm-5:15pm

Download Timetable In PDF Format

You can also download the 2021 NECO timetable in PDF format by clicking the button below:

DOWNLOAD PDF !

SCHOOLS AND CANDIDATES SHOULD NOTE THE FOLLOWING

  • WHERE THE TIME ON THE QUESTION Paper DIFFERS FROM THE TIME ON THIS TIMETABLE, THE TIME ON THE QUESTION Paper SHOULD BE STRICTLY ADHERED TO.
  • FOR PHYSICAL EDUCATION AND AUTO MECHANICS PRACTICAL Paper I; FRENCH, MUSIC AND ARABIC Paper IV, THE SPECIFIC VENUES FOR THE EXAMINATION SHOULD BE CONFIRMED FROM NECO STATE OFFICES.
  • PRACTICAL IN SCIENCES, STENOGRAPHY, COMPUTER STUDIES & DATA PROCESSING CAN BE IN SETS WHERE THE NUMBER OF CANDIDATES IS LARGE AND THE EQUIPMENT CANNOT GO ROUND.
  • VISUAL ARTS Paper IV [CREATIVE DESIGN] SHOULD BE GIVEN TO CANDIDATES AT LEAST ONE WEEK BEFORE THE EXAMINATION DATE.
  • WELDING & FABRICATION, ENGINEERING CRAFT PRACTICE SHOULD BE GIVEN TO CANDIDATES AT LEAST THREE WEEKS BEFORE THE EXAMINATION DATE.
  • NIGERIAN LANGUAGES (HAUSA, IGBO, YORUBA, EDO, EFIK AND IBIBIO) INCLUDE LITERATURE ASPECT.
  • ALBINOS AND BLIND CANDIDATES ARE TO BE ALLOWED 30 EXTRA MINUTES AT THE END OF EACH SUBJECT.
  • BLIND CANDIDATES MUST MAKE USE OF THE NECO SUPPLIED OBR CUSTOMISED BRAILLE SHEET FOR THE EXAMINATION.
  • DYEING AND BLEACHING IB, PHOTOGRAPH IB, PAINTING AND DECORATION IB, PRINTING CRAFT PRACTICE IB, LEATHER GOODS MANUFACTURING AND REPAIR IB, SHOULD BE GIVEN TO CANDIDATES AT LEAST TWO WEEKS BEFORE THE EXAMINATION DATE.
  • USE OF A SCIENTIFIC CALCULATOR IS ALLOWED.
  • BRINGING INTO THE EXAMINATION HALL ELECTRONIC COMMUNICATION GADGETS (PROGRAMMABLE CALCULATORS, MOBILE PHONES, IPADS, TABLETS ETC) IS STRICTLY PROHIBITED.

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NECO Civic Education Questions and Answers 2021/2022 (Theory & OBJ)

  • March 29, 2022

The main aim of sharing this free NECO Civic Education questions 2021 and correct NECO Civic Education answers 2021 is to wholeheartedly help the candidates that have been long for the NECO 2021 Civic Education questions and answers.

Over the years, NECO candidates are always looking for free and legit NECO runs (runz) websites that will send them the correct NECO questions and answers for Civic Education before the exam.

Today, here is a free Civic Education expo for NECO 2021 candidates. This expo covers solutions and explanations to the sample NECO Civic Education theory and OBJ questions on this page.

All the sample essay and objective questions for the 2021 NECO Civic Education exam on this page are accompanied by solutions that you should practice with.

Samples of NECO Civic Education answers 2021 to OBJ questions (paper 1)

Practice the following NECO Civic Education OBJ sample questions and answers for paper 1 . After practicing, try answering them by yourself and compare your answers to the ones here to see how good you are doing in this subject.

NECO Civic Education Questions and Answers 2020/2021 for paper one and paper two. Exam scheme and marking sheet

1. All except one, are scopes of Civic Education?

The correct answer is B. Privacy

2. Which of the following is the right of a citizen?

  • Right of owning anybody’s property
  • A right to break any law that does not favors the citizen.
  • Freedom of winning always
  • Right to vote and be voted for.

The correct answer is D) Right to vote and be voted for.

3. The right of a citizen to own his or her properties simply means ________.

  • The citizen has the right to take and own anybody’s property
  • citizen has the right to own the properties he or she buys.
  • A citizen has the right to prevent the government from carrying out a project on land that he or she owns.
  • The citizen has the right to own government property.
  • Government properties can be taken by a citizen

The correct answer is B) A citizen has the right to own the properties he or she buys.

4. The simplest definition of responsibility is _______?

  • Showing support to people
  • Taking over peoples duties
  • A State of handling profitable duties
  • Working to feed the family.
  • Making decisions

The correct answer is C) A State of handling profitable duties

5. All of the following are political leaders, except___?

The correct answer is C) Principal

6. _________ is define as the way of life of people living in a common society.

  • Human right

The correct answer is C. Culture

7. Which of this is a function of a religious leader?

  • Leading people to their destiny
  • Guiding followers on religious and spiritual matter
  • Teaching followers how to live above others
  • Saving the community from sin
  • Protect his followers from the dead.

The correct answer is B. Guiding followers on spiritual matter

8. What is the primary purpose of a court?

  • For settling cases between citizens.
  • Declaring partial judgment on citizens.
  • Passing dead sentence on victims.
  • Arresting criminals.
  • Promoting security in communities.

The correct answer is A. For settling cases between citizens.

9. Which of the following is not ahead of an organization?

  • General Overseer.

The correct answer is A. Teacher

10. The following factors promote good value, except;

  • Social Life
  • Download NECO syllabus for Civic Education

Solved NECO Civic theory questions 2021 and answers solution.

The following are solved samples of NECO Civic education theory questions 2021 and answers solution.

Follow them gradually and make sure you understand each question and how we arrive at the answer and do well the practice them.

Free & correct expo runz for NECO Civic theory (essay) and Objective [OBJ] questions 2020 and answers 2020

1. Define the term “Citizenship”

Answer to question one: Citizenship is the right of membership of a nation based on laid down conditions.

2. Mention 5 Human rights in Nigeria that you know.

Answer to question two: 5 of the Human rights in Nigeria includes;

  • Right to life
  • Right to shelter
  • Right to proper education
  • Right to vote and be voted for
  • Right to freedom of association
  • Right to be protected under the law

3. Explain the three obligations of a citizen

  • Economic/Finacial obligations
  • Civic/political obligations
  • Social obligations

Economic/Finacial obligations : The economic and financial obligations centers on payment of taxes, levies, water rates, electric bills, and protecting financial crimes.

Civic/political obligations: The civic and political obligation centers on the responsibilities that rest on the civic and political aspects of our lives and that of the state.

Social obligations: Social obligation of a citizen involves the citizen’s involvement in festivals and other activities organized by the government such as;

  • Independence day
  • National sports festivals
  • Children’s day and so on.

4. List 4 causes of Road accidents that you know

  • Drinking and driving
  • Over-speeding
  • Making calls while driving
  • Carelessness while walking along busy roads.

Try answering the following questions by yourself

1. (a) Define is citizenship education? (b) Mention four roles of citizenship education in society.

2. (a) Explain inter-communal conflict. (b) Outline four ways to resolve inter-communal conflicts in Nigeria.

3. In what five ways can the legislature contribute to the development of democracy in Nigeria?

4. (a) What is democracy. (b) State 4 ways to promote democracy in Nigeria.

5. (a) Explain the term Universal Declaration of Human Rights (UDHR). (b) State four reasons for the introduction of the Universal Declaration of Human Rights (UDHR).

NECO 2021 guidelines for Civic Education exam

My strong advice is for you to check the topics that NECO will set 2021 Civic Education questions from in the civic syllabus. You can view the NECO 2021 syllabus for Civic Education here for free.

Make sure you study with the syllables material using your textbooks. Also, do well to use NECO past questions and answers for Civic Education to uncover all the sample questions you should be expecting.

Practice all the necessary civic questions you come across and never hope on the expo. Combining all this together will help you to score higher without waiting for the expo because the expo might be fake and illegal.

Also, go to the exam hall early enough and make sure you go there with all the necessary materials (like a pen, pencil, ruler, etc.) That you will use for the exam.

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