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Economics

AI prompts for senior secondary learners.

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291 prompts matching "Calculating social cost and social benefit in four numerical cases"

Spot my mistake: Assuming an indirect tax is borne entirely by the consumer

Act as my SS3 Economics tutor. Write a short answer on assuming an indirect tax is borne e

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Spot my mistake: Assuming a firm should shut down as soon as it begins to make a loss

Act as my SS3 Economics tutor. Write a short answer on assuming a firm should shut down as

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Spot my mistake: Treating a debenture holder as an owner of the company

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Spot my mistake: Treating population density as the same thing as population size

Act as my SS3 Economics tutor. Write a short answer on treating population density as the

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Spot my mistake: Counting everyone without paid work as unemployed

Act as my SS3 Economics tutor. Write a short answer on counting everyone without paid work

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Spot my mistake: Assuming large-scale production is always cheaper for each unit produced

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Spot my mistake: Including transfer payments when working out national income

Act as my SS3 Economics tutor. Write a short answer on including transfer payments when wo

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Spot my mistake: Treating a rise in the price of one good as inflation

Act as my SS3 Economics tutor. Write a short answer on treating a rise in the price of one

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Spot my mistake: Calling a tax progressive because the amount paid rises with income

Act as my SS3 Economics tutor. Write a short answer on calling a tax progressive because t

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Spot my mistake: Assuming devaluation improves the balance of payments immediately

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Spot my mistake: Reading ECOWAS membership as an automatic right to work in any member state

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Spot my mistake: Assuming OPEC fixes the world price of crude oil directly

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Spot my mistake: Assuming price discrimination means charging different prices for different products

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Let me explain: A movement along a supply curve against a shift of the curve

I have just studied a movement along a supply curve against a shift of the curve in my SS3

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Let me explain: The systems of agriculture practised across West Africa

I have just studied the systems of agriculture practised across West Africa in my SS3 Econ

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Let me explain: Import substitution set against export promotion

I have just studied import substitution set against export promotion in my SS3 Economics c

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Let me explain: The difficulties of measuring national income in West Africa

I have just studied the difficulties of measuring national income in West Africa in my SS3

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Let me explain: The objectives of development planning

I have just studied the objectives of development planning in my SS3 Economics class. Let

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Let me explain: Why the production possibility curve is concave to the origin

I have just studied why the production possibility curve is concave to the origin in my SS

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Let me explain: The barriers that restrict labour from moving

I have just studied the barriers that restrict labour from moving in my SS3 Economics clas

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