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ATSWA 1.2 Economics: Exam Prep

The full ATSWA 1.2 Economics study text by syllabus area, with practice, flashcards and timed mocks.

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About this course

Prepare for ATSWA Part I paper 1.2 (Economics) on the current syllabus. Study each syllabus area in plain English with worked Nigerian examples, then practise multiple-choice, fill-in and written questions, review flashcards and sit timed mock exams. Skillnaija is not affiliated with or endorsed by ICAN or the Association of Accountancy Bodies in West Africa (ABWA), which runs the ATSWA scheme.

This topic gives you the words the rest of the paper is written in: scarcity, choice, opportunity cost and the production possibility curve. Examiners test it mainly through definition-style objective questions and occasional essays on economic systems; at work, opportunity cost is the idea behind every decision on how to use a firm's limited cash.

What you'll learn

Course syllabus — 12 lessons

  1. Nature and scope of economics25 min
  2. The price system25 min
  3. Consumer behaviour23 min
  4. Theory of production and costs24 min
  5. Market structure and pricing21 min
  6. National income23 min
  7. Money and financial institutions24 min
  8. Public finance19 min
  9. Inflation and unemployment18 min
  10. International trade and finance22 min
  11. International and regional organisations21 min
  12. Growth, development and emerging areas19 min

Frequently asked questions

Is ATSWA 1.2 Economics: Exam Prep free?

Most Skillnaija courses can be started free with a free account: your first two courses are free to start, then one new course each month. Some courses are paid; the course page in the app shows whether ATSWA 1.2 Economics: Exam Prep is one, and its price, before you pay. You can also buy any course on its own for twelve months, or open every course with the All-Access Pass. Certificates are never sold: you earn one by passing the course's project.

How long does ATSWA 1.2 Economics: Exam Prep take to complete?

4 weeks · ~3 hrs/week. There are 12 lessons, about 4 hours of material in total. You learn at your own pace and your progress is saved.

Do I need any experience to start ATSWA 1.2 Economics: Exam Prep?

Professional exam. You can start from scratch — no prior experience is assumed.

What will I learn in ATSWA 1.2 Economics: Exam Prep?

You will build practical skills in Demand, supply and prices, Production and costs, Market structures, National income and money, Public finance and international trade. Every lesson is written for a Nigerian context, with examples drawn from how the work is actually done and paid for here.

Do I get a certificate for ATSWA 1.2 Economics: Exam Prep?

Yes, but it has to be earned. You complete the course project and submit it for grading. Passing the project issues a verifiable certificate; finishing the lessons alone does not.

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