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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Price elasticity of demand and how it is calculated"

Practice set: Two external costs and two external benefits of road building in Nigeria

Set me five practice tasks on two external costs and two external benefits of road buildin

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Spot my mistake: Why merit goods are under-consumed and demerit goods over-consumed in a free market

Give me a wrong or muddled explanation of why merit goods are under-consumed and demerit g

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Teach me: Rural-urban migration in Nigeria and two of its effects on the areas people leave

I am an SS1 student studying Population Change in Economics. Explain rural-urban migration

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Spot my mistake: The Malthusian view of population and food supply

Give me a wrong or muddled explanation of the Malthusian view of population and food suppl

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Teach me: The determinants of PED, including availability of substitutes

Be my SS1 Economics teacher for this one point: the determinants of PED, including availab

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Real-life Nigeria: Plotting a demand curve on graph paper

Take plotting a demand curve on graph paper out of the textbook. Describe a real Nigerian

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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: Commonly paired with PED in the part (c) analysis on Paper 2

I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit

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Spot my mistake: The four factors of production

Write a short SS1 Economics answer about the four factors of production that contains thre

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Project task: Table of ten Nigerian occupations and resources classified by factor and by reward

Set me a small project on table of ten Nigerian occupations and resources classified by fa

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Real-life Nigeria: Ten firms and organisations in their own town

Take ten firms and organisations in their own town out of the textbook. Describe a real Ni

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Spot my mistake: The main features of a market economic system

Show me a worked example on the main features of a market economic system with an error so

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WAEC prep: Two disadvantages of central planning

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

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Project task: Supply schedules of three Aba shoemakers into a market supply schedule and plots both curves

Give me a practical task on supply schedules of three Aba shoemakers into a market supply

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Real-life Nigeria: Classifying twelve pairs of Nigerian goods as substitutes or complements

Show me how classifying twelve pairs of Nigerian goods as substitutes or complements works

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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: Two reasons why agricultural supply is price inelastic in the short run

Show me a worked example on two reasons why agricultural supply is price inelastic in the

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Practice set: Five-link chain running from flooding in Kebbi to the price of imported rice in Lagos

Give me a practice set on five-link chain running from flooding in Kebbi to the price of i

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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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Real-life Nigeria: Table of six Nigerian public enterprises

Take table of six Nigerian public enterprises out of the textbook. Describe a real Nigeria

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