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Economics

AI prompts for senior secondary learners.

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212 prompts matching "How a free enterprise economy allocates its resources"

Real-life Nigeria: Table of eight resources giving location, sector and one use for each

Show me how table of eight resources giving location, sector and one use for each works in

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Spot my mistake: Locate and label eight resources on an outline map of Nigeria

Show me a worked example on locate and label eight resources on an outline map of Nigeria

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Quiz: Free goods, economic goods and public goods

I am revising Nature of the Economic Problem for SS1 Economics. Test me on free goods, eco

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Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity

Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic

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Teach me: The classification of given Nigerian resources

I am an SS1 student studying Factors of Production in Economics. Explain the classificatio

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Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —

Give me a wrong or muddled explanation of the four groups of decision makers in an economy

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Teach me: How the price mechanism answers the what

You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what

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Practice set: Identifying the aims of buyer, seller and auctioneer and how the price settles

Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the

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Project task: Tracing on a flow diagram how a rise in the price of ginger in Kaduna moves land out of maize

Set me a small project on tracing on a flow diagram how a rise in the price of ginger in K

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Practice set: Three functions of price in a market economy

Set me five practice tasks on three functions of price in a market economy, at the level e

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Spot my mistake: Two merits and two demerits of central planning

Give me a wrong or muddled explanation of two merits and two demerits of central planning

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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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Teach me: The income and substitution effects that give the demand curve its downward slope

You are my personal SS1 Economics tutor. Teach me the income and substitution effects that

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Practice set: How the demand for one named commodity

Give me a practice set on how the demand for one named commodity for SS1 Economics. Start

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Quiz: Surplus and shortage at prices above and below equilibrium and measure each in units

Quiz me on surplus and shortage at prices above and below equilibrium and measure each in

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Practice set: How the market for hotel rooms in Lagos

Give me a practice set on how the market for hotel rooms in Lagos for SS1 Economics. Start

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Spot my mistake: Drawing diagrams showing the effect on equilibrium price

Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu

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Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand

Show me a worked example on drawing three demand curves showing elastic, inelastic and per

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Let me explain: Drawing supply curves showing elastic, inelastic

Act as my study partner. I will teach you drawing supply curves showing elastic, inelastic

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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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