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Waec Economics 2018 Past Questions and Answers

Waec 2018 Economics Past Questions

Question 56:

WAEC 2018

(a) What is commodity money?
(b) Identify any three problems associated with trade by barter.
(c) Explain any three ways by which the advent of money has solved the problems of the barter system.

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Question 57:

WAEC 2018

(a) What is a demand schedule?
(b) State the law of demand.
(c) Using appropriate examples, explain the following types of demand:
(i) Competitive demand
(ii) Derived demand
(iii) Joint demand
(iv) Composite demand

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Waec Subjects

• Accounts - Principles of Accounts

• Animal Husbandry

• Agricultural Science

• Arabic

• Biology

• Book Keeping

• Chemistry

• Commerce

• Christian Religious Knowledge (CRK)

• Civic Education

• Catering Craft Practice

• Computer Studies

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• English language

• Economics

• Fine Arts

• French

• Further Mathematics

• Geography

• Government

• History

• Hausa

• Home Economics

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• Igbo

• Islamic Religious Knowledge (IRK)

• Literature in English

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• Mathematics

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• Yoruba

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