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Economics

AI prompts for senior secondary learners.

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174 prompts matching "How a free market reaches equilibrium"

Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar

Show me a worked example on drawing and label a diagram showing a depreciation of the nair

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Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer

Give me a wrong or muddled explanation of how price elasticity of demand and of supply det

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Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic

Show me a worked example on drawing and label a diagram showing the incidence of a specifi

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Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns

Act as my study partner. I will teach you the law of variable proportions, showing increas

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Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money

Give me a practical task on applying MV = PT to given values to show the effect of a twent

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Teach me: The meaning of a perfectly competitive market

You are my personal SS2 Economics tutor. Teach me the meaning of a perfectly competitive m

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Quiz: Current agricultural policy and the marketing of agricultural commodities

I am revising Agriculture II for SS2 Economics. Test me on current agricultural policy and

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Practice set: Demand and supply diagram showing the effect of a government fertiliser subsidy on the maize

Give me a practice set on demand and supply diagram showing the effect of a government fer

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Practice set: Cost calculation showing the effect of self-generated diesel power on the unit cost of a small

Give me a practice set on cost calculation showing the effect of self-generated diesel pow

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Spot my mistake: Drawing the circular flow of income for a four-sector economy showing consumption

Show me a worked example on drawing the circular flow of income for a four-sector economy

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Let me explain: The equilibrium level of income as the point where planned injections equal planned withdrawals

Let me talk you through the equilibrium level of income as the point where planned injecti

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Teach me: The meaning of the money market

I am an SS2 student studying Financial Institutions in Economics. Explain the meaning of t

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Quiz: The meaning of the capital market and classify its instruments

Set me a quick recall test on the meaning of the capital market and classify its instrumen

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Spot my mistake: Fiscal, monetary and supply-side policies used to reduce each type of unemployment

Write a short SS2 Economics answer about fiscal, monetary and supply-side policies used to

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Practice set: Plotting NBS quarterly unemployment and underemployment rates for the last five years on graph

Give me a practice set on plotting NBS quarterly unemployment and underemployment rates fo

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Project task: Unemployment rate from a labour force of 70 million

Give me a practical task on unemployment rate from a labour force of 70 million from Emplo

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WAEC prep: Four causes of structural unemployment in Nigeria

Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on four c

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Real-life Nigeria: Building a five-item class basket

Show me how building a five-item class basket works in real life in Nigeria. Use one concr

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Practice set: Each pair is assigned a country, forecasts its inflation rate for next year from published data

Give me a practice set on each pair is assigned a country, forecasts its inflation rate fo

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Project task: Shifting aggregate demand right and short-run aggregate supply left on the board to separate

Set me a small project on shifting aggregate demand right and short-run aggregate supply l

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