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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Let me explain: Barriers to entry and the difference between a price taker and a"

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: In one sentence each the sole proprietorship

Be my SS1 Economics teacher for this one point: in one sentence each the sole proprietorsh

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Quiz: The meaning of demand

Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques

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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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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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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: 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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WAEC prep: The difference between a shift in demand and a movement along the demand curve

Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di

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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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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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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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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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Teach me: Why total surplus is greatest at the market equilibrium

Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke

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Let me explain: Privatisation

Act as my study partner. I will teach you privatisation in my own words. Afterwards, ask m

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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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Spot my mistake: The formal and the informal sector compared

Give me a wrong or muddled explanation of the formal and the informal sector compared from

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