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JAMB Commerce Syllabus for 2019 is Out Online

Last modified about 2 months ago by . Posted in School News |

JAMB Commerce Syllabus 2019 – Check JAMB latest syllabus on Commerce below;

JAMB Commerce Syllabus 2019 is Out…The Commerce 2019/2020 JAMB Unified Tertiary Matriculation Examination (UTME) Syllabus is aim at preparing candidates for the Board’s examination.


JAMB Commerce Syllabus 2019JAMB Commerce Syllabus 2019

These course objectives are as follows:

(1) acquire the basic knowledge of Commerce;
(2) examine the relationship between Commerce and other related fields;
(3) apply the principles of Commerce in the Nigerian economy and
(4) appreciate dynamic and positive changes in commercial activities.

1. Commerce

Topics:

  • Meaning and scope
  • Characteristics
  • Functions

Objectives:

Candidates should be able to:

  • differentiate between Commerce and other related subjects;
  • describe the characteristics of Commerce;
  • Identify the functions of Commerce

2. Occupation

Topics:

  • Meaning and importance
  • Types (industrial, commercial and services)
  • Factors that determine choice of occupation

Objectives: 

Candidates should be able to:

  • State the importance of occupation
  • Compare the different types of occupation;
  • Identify the factors determining the choice of occupation.

3. Production

Topics:

  • Factors, characteristics and rewards (land, labour, capital and entrepreneur)
  • Division of Labour and specialization
  • Types (primary, secondary and tertiary)

Objectives:

Candidates should be able to:

  • identify the Factors of Production and their rewards;
  • distinguish between Division of Labour and Specialization;
  • classify the types of production.

4. Trade

Topics:

Home Trade

  • Retail trade:
    – Types of retailers
    – Functions of retailers
    – Factors to be considered in setting up retail trade
    – Trends in retailing (branding, self -service, vending machines, the use of luncheon, fuel vouchers, etc)
    – Advantages and disadvantages of retailers
  • Wholesale trade:
    – Types of wholesalers (merchant, agent, general, etc)
    – Functions of wholesalers
    – Advantages and disadvantages of wholesalers
  • Foreign trade
    (i) Basic issues in foreign trade (balance of trade, balance of payments and counter trade)
    (ii) Procedures and documents used in export, import and entreport trade
    (iii) Barriers to international trade
    (iv) Role of Customs and Excise Authority, Ports Authority, etc in foreign trade

Objectives: 

Candidates should be able to:

  • compare the various types of retailers;
  • identify the functions of retailers;
  • highlight the factors in setting up retail trade;
  • classify modern retailing practices;
  • identify the advantages and disadvantages of retail business;
  • classify the types of wholesalers;
  • discuss the functions of wholesalers;
  • outline the merits and demerits of the middleman;                                                                                                                                                                                              (ix)
  • analyse the basic issues in foreign trade;
  • explain the procedures and documents used in foreign trade;
  • identify the barriers to international trade;
  • appraise the role of government agencies in foreign trade

5. Purchase and Sale of Goods

Topics:

  • Procedure and documentation (enquiry, quotation, order, invoice, proforma invoice, statement of accounts, indent, consular invoice, bill of lading, certificate of origin, consignment note, etc)
  • Terms of trade (trade discount, quantity discount, cash discount, warranties, C.O.D., C.I.F., F.O.B., and E.O.E. etc)
  • Terms of payments
    a. Cash – Legal tender
    b. Credit
    – Types and functions
    – Merits and demerits

Objectives: 

Candidates should be able to:

  • examine the procedures and documents used in the purchase and sale of goods;
  • determine the terms of trade;
  • distinguish between cash and credit forms of payment;
  • identify the types of credit;
  • analyse the merits and demerits of credit transactions.

6. Aids-to-trade

Topic:

  • Advertising:
    (i) Types and media
    (ii) Advantages and disadvantages
  • Banking:
    (i) Types of bank
    (ii) Services
    (iii) Challenges
  • Communication:
    (i) Process and procedure
    (ii) Types
    (iii) Trends
    (iv) Merits and demerits
    (v) Barriers
  • Insurance:
    (i) Types
    (ii) Principles
    (iii) Terms
    (iv) Importance
  • Tourism:
    (i) Importance
    (ii) Agencies that promote tourism in Nigeria
    (iii) Challenges
  • Transportation:
    (i) Mode
    (ii) Importance
    (iii) Advantages and disadvantages
  • Warehousing:
    (i) Importance
    (ii) Types and functions
    (iii) Factors to be considered in siting a warehouse

Objectives: 

Candidates should be able to:

  • identify the different types of advertising and its media;
  • analyse the advantages and disadvantages of advertising;
  • categorize the different types of bank;
  • assess the services rendered by banks;
  • identify the challenges facing banks;
  • assess the different stages in the communication process;
  • analyse the types of communication;
  • appraise the contributions of courier services, GSM, etc., to businesses;
  • state the merits and demerits of communication;
  • outline the barriers to communication
  • describe the types of insurance;
  • apply the principles of insurance to life situations;
  • explain the terms in insurance;
  • state the importance of insurance;
  • examine the importance of tourism;
  • identify the agencies that promote tourism in Nigeria;
  • analyse the challenges facing tourism in Nigeria;
  • appraise the relevance of the various
    modes of transportation;
  •  list the importance of transportation;
  • discuss the advantages and disadvantages of transportation;
  • highlight the importance of warehousing;
  • appraise the contributions of warehouses to businesses.
  • evaluate the factors that determine the siting of warehouses

7. Business Units

Topics:

  • Forms and features (Sole Proprietorship, Partnership, Limited Liability Companies, Public Corporations, Cooperative Societies, etc.)
  • Registration of businesses
  • Business Mergers
  • Determination of choice of business units
  • Dissolution and liquidation
  • Merits and demerits

Objectives: 

Candidates should be able to:

  • identify the forms and features of business units;
  • analyse the procedures for registering businesses;
  • appraise the different forms of business mergers and the reasons for merging;
  • examine the factors which determine the choice of business units;
  • differentiate between dissolution and liquidation of business;
  • state the merits and demerits of business units.

8. Financing Business

Topics:

  • Sources of finance (personal savings, sale of shares and bonds, loans, debentures, mortgage, bank overdraft, ploughing back of profit, credit purchase, leasing, etc.)
  • Types of capital (share capital, capital owned, authorized (capital, issued capital, called-up capital, paid-up capital, liquid capital, working capital and owners’ equity)
  • Calculation of forms of capital, profits (gross and net) and turnover
  • Problems of sourcing finance
  • The role of Bureaux de change in an economy

Objectives:

Candidates should be able to:

  • identify the various ways of financing a business;
  • discuss the different types of capital
  • compute the different forms of capital, profits and turnover;
  • appraise the problems associated with sourcing finances for business;
  • assess the role of bureaux de change in an economy.

9. Trade Associations

Topics:

  • Objectives and functions of trade and manufacturer’s associations (Cocoa Farmers’ Association, Garri Sellers’ Association, Poultry Farmers’ Association, etc.)
  • Objectives and functions of Chambers of Commerce.

Objectives:

Candidates should be able to:

  • discuss the objectives and functions of trade and manufacturer’s associations;
  • list the objectives and functions of Chambers of Commerce.

10. Money

Topics:

  • Evolution
  • Forms and qualities
  • Functions

Objectives:

  • Candidates should be able to:
  • discuss the origin of money;
  • analyse the forms and qualities of money;
  • appraise the functions of money.

 

 

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