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Economics

AI prompts for senior secondary learners.

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300 prompts matching "The capitalist economy and its defining features"

Spot my mistake: The law of demand

Show me a worked example on the law of demand with an error somewhere in it. Do not tell m

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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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Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes

Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam

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Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it

Give me a practice set on listing five events that would raise the supply of rice in Niger

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Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram

Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium

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Teach me: Drawing demand and supply on one pair of axes to scale and read off the equilibrium

Be my SS1 Economics teacher for this one point: drawing demand and supply on one pair of a

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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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Teach me: The determinants of demand: income, the price of substitutes

You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the

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Spot my mistake: Four determinants of the demand for cement in Nigeria

Show me a worked example on four determinants of the demand for cement in Nigeria with an

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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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Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility

Show me a worked example on the determinants of PES, including time period, stocks, spare

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Teach me: The significance of PES for producers and government when demand changes suddenly

You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an

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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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Spot my mistake: The consequences of a price change for consumers, producers and workers in that market

Write a short SS1 Economics answer about the consequences of a price change for consumers,

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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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Real-life Nigeria: Two diagrams, the primary market and one related market, with a short written commentary

Take two diagrams, the primary market and one related market, with a short written comment

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Spot my mistake: The meaning of consumer surplus and producer surplus

Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur

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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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