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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Let me explain: Utility maximisation"

Project task: Takes one allocation decision

Give me a practical task on takes one allocation decision from The Planned Economic System

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Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market

Show me how what price for bread) and answers it first as a central planner and then as a

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Practice set: Four features of a planned economy

Set me five practice tasks on four features of a planned economy, at the level expected in

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Practice set: Derive a market demand schedule from three individual schedules and plot it

Set me five practice tasks on derive a market demand schedule from three individual schedu

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Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs

Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit

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Project task: Supply schedules of three Aba shoemakers into a market supply schedule and plots both curves

Give me a practical task on supply schedules of three Aba shoemakers into a market supply

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Practice set: Why supply curves normally slope upwards

Set me five practice tasks on why supply curves normally slope upwards, at the level expec

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Practice set: Data response: a supplied price and quantity table for Nigerian rice

Set me five practice tasks on data response: a supplied price and quantity table for Niger

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Project task: Drawing four diagrams, one per shift case, correctly labelled D1/D2 or S1/S2

Give me a practical task on drawing four diagrams, one per shift case, correctly labelled

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Quiz: The PED formula

Set me a quick recall test on the PED formula at SS1 level. Five questions, one at a time,

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Spot my mistake: The relationship between PED and total revenue using a worked revenue table

Give me a wrong or muddled explanation of the relationship between PED and total revenue u

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Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2

Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from

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Project task: Five PED calculations taken from past 0455 papers

Set me a small project on five PED calculations taken from past 0455 papers, the kind I co

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Practice set: Calculating PED in five cases and classify each answer

Set me five practice tasks on calculating PED in five cases and classify each answer, at t

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Project task: With six groups: each produces a wall chart for one case

Give me a practical task on with six groups: each produces a wall chart for one case from

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Real-life Nigeria: Five PES calculations followed by a short comparison paragraph

Show me how five PES calculations followed by a short comparison paragraph works in real l

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Practice set: Drawing and label four supply curves of differing elasticity

Set me five practice tasks on drawing and label four supply curves of differing elasticity

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Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be

Set me a quick recall test on using elasticity to judge how large the price and quantity e

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Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets

Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c

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Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out

Give me a practical task on who gains and who loses when a market price rises, and whether

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