Waec 2019/2020 Economics Sample Questions and Answers, Expo For MAY/JUNE Examinations

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ECONOMICS
EXAMINATION SCHEME
There will be two papers – Paper 1 and Paper 2; both of which will be combined in a 3 hour
composite paper.
Paper 1: will consist of fifty multiple choice questions to be taken in 1 hour for 50 marks.
Paper 2: will consist of eight essay- type questions in two sections: Sections A and B.
Section A shall be on data response. Candidates will be required to answer four
questions in all, choosing one question from Section A and any three questions
from Section B. The paper shall last 2 hours for 80 marks.

SAMPLE QUESTIONS
OBJECTIVE
1. One of the advantages of large scale production is that
A. there is a rise in the cost of administration.
B. consumers sacrifice their individual tastes.
C. the firm can use labour-saving machinery.
D. the demand for a firm’s products becomes localized.
2. The location of timber and plywood industries in West Africa is mainly influenced
by the availability of
A. transport.
B. water.
C. raw materials.
D. labour supply.
3. Malthus’ population theory states that
A. high death rate may lead to low productivity.
B. population may outgrow the means of subsistence.
C. people will always decide to have children.
D. migration may leave some parts of the world barre

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