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Economics

AI prompts for senior secondary learners.

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187 prompts matching "How a free market reaches equilibrium"

Let me explain: Disequilibrium and the process by which price returns to equilibrium

Act as my study partner. I will teach you disequilibrium and the process by which price re

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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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Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply

Let me talk you through the causes of a change in price in a market as a shift in demand o

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Teach me: Tracing the effects of a price change through related markets

I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the

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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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Quiz: The meaning of market failure

I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure

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Teach me: Why public goods are not supplied by the market and must be financed by government

Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m

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Quiz: How Nigeria's population is counted, using the National Population Commission

Set me a quick recall test on how Nigeria's population is counted, using the National Popu

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Spot my mistake: How climate and soil determine the distribution of Nigerian cash crops

Show me a worked example on how climate and soil determine the distribution of Nigerian ca

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Practice set: Outlining map of Nigeria to show cocoa

Give me a practice set on outlining map of Nigeria to show cocoa for SS1 Economics. Start

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Practice set: Drawing a diagram showing social cost lying above private cost for a polluting activity

Give me a practice set on drawing a diagram showing social cost lying above private cost f

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Spot my mistake: Drawing a diagram showing the divergence of private and social cost

Show me a worked example on drawing a diagram showing the divergence of private and social

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Real-life Nigeria: Livestock or produce auction clip

Show me how livestock or produce auction clip works in real life in Nigeria. Use one concr

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Project task: Cause of failure in three Nigerian cases

Give me a practical task on cause of failure in three Nigerian cases from Market Failure I

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Real-life Nigeria: Completing a six-row table of cause, Nigerian example and consequence

Show me how completing a six-row table of cause, Nigerian example and consequence works in

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Spot my mistake: Microeconomics and macroeconomics by sorting twelve economic news headlines into two columns

Write a short SS1 Economics answer about microeconomics and macroeconomics by sorting twel

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Practice set: Their own definition of economics on the board, then refine it against the scarcity definition

Give me a practice set on their own definition of economics on the board, then refine it a

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Project task: Cutting headlines from BusinessDay, The Punch

Give me a practical task on cutting headlines from BusinessDay, The Punch from Nature of t

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Spot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording

Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455

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