Would you like to get the WAEC / GCE Commerce syllabus to know what to study for Commerce in the SSCE or GCE exam?
In this library,
You will see the latest WAEC Commerce syllabus this year with a free PDF copy of the topics where all your Commerce questions in WAEC or GCE will be asked.
ALSO SEE:
- FREE WAEC | GCE COMMERCE PAST QUESTIONS PDF.
- HOW TO SCORE A1 IN WAEC COMMERCE THIS YEAR.
- LATEST WAEC SSCE / GCE TIMETABLE.
- HOW TO JOIN OUR WAEC | GCE FREE ONLINE COMMERCE TUTORIAL.
Take note.
The West African Exam Council (WAEC) conducts two exams: SSCE (internal) for school candidates & SSCE external (formerly, GCE) for private candidates.
The WAEC SSCE (internal) and WAEC GCE Commerce syllabuses are the same.
Because all the topics where your Commerce questions will be asked in SSCE (internal) are also found in the WAEC GCE Commerce syllabus.
How many questions are asked in the WAEC Commerce exam?
For WAEC Commerce, there will be two (2) papers, both of which will be on composite paper and will be taken in one sitting.
- PAPER 1: will consist of fifty multiple-choice questions to be answered in 50 minutes for 50 marks.
- PAPER 2: will consist of eight essay-type questions, out of which candidates will be required to answer any five within 2 hours for 100 marks.
For GCE Commerce, the examination will consist of two papers: Paper 1 and Paper 2, both of which must be taken.
PAPER 1: This will consist of 50 compulsory multiple-choice questions that will cover the entire syllabus and carry 25% of the total marks for the subject. It will last for an hour.
PAPER 2: This will be a 2-hour, 30-minute paper consisting of 10 essay-type questions, out of which candidates will be expected to answer any five. All questions carry equal marks, and the paper will carry 75% of the total marks.
See available GCE / WAEC Commerce syllabus
The PDF version of this syllabus is included at the bottom of this post for your FREE and unlimited download.
1. Introduction
- DEFINITION OF COMMERCE AND E-COMMERCE
- HISTORY/BACKGROUND OF COMMERCE
- SCOPE OF COMMERCE AND E-COMMERCE
- FUNCTIONS OF COMMERCE AND E-COMMERCE
2. Occupation
- MEANING OF OCCUPATION
- TYPES: INDUSTRIAL, COMMERCIAL, SERVICE OCCUPATION
- FACTORS THAT DETERMIINE TYPES OF OCCUPATION/EMPLOYMENT
- CAREER OPPORTUNITIES
3. Production
- MEANING
- FACTORS – LAND, LABOUR, CAPITAL, AND ENTREPRENEURSHIP
- TYPES: PRIMARY, SECONDARY, AND TERTIARY
- DIVISION OF LABOUR/SPECIALIZATION
- INTER-RELATIONSHIP BETWEEN PRODUCTION AND EXCHANGE
4. Business Units
- MEANING AND OBJECTIVES OF BUSINESS
- FORMS OF BUSINESS UNITS
- TYPES, FORMATION, CHARACTERISTICS, COMPARISON, ADVANTAGES AND DISADVANTAGES
- SOURCES OF CAPITAL OF EACH FORMS OF BUSINESS
- MEANING AND PURPOSE OF AMALGAMATIONS, MERGERS AND ACQUISITIONS, TRUST, HOLDING COMPANIES AND SUBSIDIARIES, CONSORTIUM AND CARTEL
- DISSOLUTION/LIQUIDATION OF COMPANIES/PARTNERSHIP
5. Trade Associations
- AIMS AND FUNCTIONS OF TRADE ASSOCIATION
- AIMS AND FUNCTIONS OF CHAMBER OF COMMERCE, EMPLOYERS ASSOCIATION
- AIMS AND FUNCTIONS OF CONSUMER ASSOCIATION/CONSUMERISM
6. Business Capital and Profits
- MEANING AND TYPES
- CREDIT – MEANING, SOURCES, INSTRUMENT AND FUNCTIONS
- CALCULATION OF WORKING CAPITAL, THE IMPORTANCE OF WORKING CAPITAL
- PROFITS: MEANING, TYPES AND CALCULATION OF PROFIT
- TURNOVER: MEANING, CALCULATIONS AND FACTORS AFFECTING TURNOVER
7. Trade
- HOME TRADE
- FOREIGN TRADE
8. Purchase and Sale of Goods in Home and Foreign Trade
- PROCEDURE AND DOCUMENTS USED IN BUSINESS
- PRICE QUOTATION
- TERMS OF PAYMENT
- MEANS OF PAYMENT
9. Finance and Financial Institutions
- MONEY
- BANKS
- INSURANCE
- CAPITAL MARKET
- STOCK EXCHANGE (FIRST TIER)
- COMMODITY EXCHANGE
10. Transport, Tourism, Communication, and Warehousing
- TRANSPORT
- TOURISM
- COMMUNICATION
- WAREHOUSING
11. Advertising
- MEANING
- ROLES, ADVANTAGES, AND DISADVANTAGES
- TYPES OF ADVERTISING
- METHODS – DIRECT AND INDIRECT
- MEDIA – MEANING, CHOICE, AND TYPES
12. Introduction to Marketing
- MARKETING
- MARKETING CONCEPT
- CUSTOMER SERVICES
- SALES PROMOTION
13. Legal Aspect of Business
- AREAS OF THE LAW THAT RELATE TO BUSINESS
- CONSUMER PROTECTION
14. Government Policies Relating to Business
- COMMERCIALISATION
- PRIVATISATION
- DEREGULATION
15. Introduction to Business Management
- MEANING
- OBJECTIVES OF BUSINESS
- MEANING OF BUSINESS MANAGEMENT
- FUNCTIONS
- BUSINESS RESOURCES
- STRUCTURE OF BUSINESS ORGANIZATIONAL SETUP
- BUSINESS AND ITS ENVIRONMENT
- SOCIAL RESPONSIBILITY OF BUSINESS TO THE SOCIETY
- IMPORTANCE OF INTER AND INTRA DEPARTMENTAL COMMUNICATIONS
16. Economic Groupings
- ECOWAS
- NIGER BASIN COMMISSION (NBC)
- LAKE CHAD BASIN COMMISSION (LCBC)
- MANO-RIVER UNION
- EUROPEAN UNION
- WEST AFRICAN CLEARING HOUSE
Source: WAEC website.
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