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Economics

AI prompts for senior secondary learners.

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275 prompts matching "How equilibrium price is fixed by demand and supply together"

Practice set: Calculating the price level from the values of M, V and T provided

Set me five practice tasks on calculating the price level from the values of M, V and T pr

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Let me explain: Barriers to entry and the difference between a price taker and a price maker

Let me talk you through barriers to entry and the difference between a price taker and a p

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Spot my mistake: Calculating the budget deficit and express it as a percentage of total expenditure

Show me a worked example on calculating the budget deficit and express it as a percentage

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Spot my mistake: The process and chain of distribution from producer to final consumer

Write a short SS2 Economics answer about the process and chain of distribution from produc

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WAEC prep: Drawing and label the chain of distribution for a manufactured good

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

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Spot my mistake: The meaning of the industrial concepts plant, factory, firm, industry and industrial estate

Give me a wrong or muddled explanation of the meaning of the industrial concepts plant, fa

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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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Spot my mistake: Banking and non-banking financial institutions

Write a short SS2 Economics answer about banking and non-banking financial institutions th

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Quiz: Calculating a simple weighted price index and the rate of inflation between two years

Set me a quick recall test on calculating a simple weighted price index and the rate of in

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Quiz: The meaning of deflation and distinguish it from disinflation

Quiz me on the meaning of deflation and distinguish it from disinflation, from the SS2 Eco

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Spot my mistake: The poverty trap and its effect on saving and investment in poor households

Give me a wrong or muddled explanation of the poverty trap and its effect on saving and in

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Teach me: Policies to alleviate poverty and redistribute income

Be my SS2 Economics teacher for this one point: policies to alleviate poverty and redistri

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Let me explain: Visible and invisible trade and imports from exports, and define the terms of trade, compared

Act as my study partner. I will teach you visible and invisible trade and imports from exp

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Practice set: Paper 1 style set of ten multiple-choice items on utility and demand

Set me five practice tasks on paper 1 style set of ten multiple-choice items on utility an

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Teach me: Each system against the criteria of equity, incentive to work and administrative cost

I am an SS2 student studying Systems of Taxation in Economics. Explain each system against

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Quiz: The meaning of the incidence of taxation and distinguish formal from effective incidence

Set me a quick recall test on the meaning of the incidence of taxation and distinguish for

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Quiz: Imperfect competition and discuss the types: monopoly, monopolistic competition and oligopoly

I am revising Market Structures for SS2 Economics. Test me on imperfect competition and di

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Teach me: The roles of producers, wholesalers, retailers and co-operative societies in distribution

I am an SS2 student studying Distributive Trade in Economics. Explain the roles of produce

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Let me explain: The problems of distribution in Nigeria and propose solutions to each

I am going to explain the problems of distribution in Nigeria and propose solutions to eac

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Teach me: The location and localisation of industries in Nigeria and the factors that influence each

Be my SS2 Economics teacher for this one point: the location and localisation of industrie

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