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Economics

AI prompts for senior secondary learners.

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267 prompts matching "Assuming large-scale production is always cheaper for each unit produced"

Practice set: Calculating real GDP per head for Nigeria from nominal GDP

Give me a practice set on calculating real GDP per head for Nigeria from nominal GDP for S

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Real-life Nigeria: Costing a conditional cash transfer for one million households at a stated monthly rate

Show me how costing a conditional cash transfer for one million households at a stated mon

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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: With different resource endowments produce paper products for ten minutes in autarky

Give me a practice set on with different resource endowments produce paper products for te

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WAEC prep: Four advantages of international specialisation

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

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Spot my mistake: The effect of a tariff on price, domestic output

Write a short SS2 Economics answer about the effect of a tariff on price, domestic output

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Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars

Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in

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Spot my mistake: Differentiate real from nominal wage, calculate a real wage from CPI data

Write a short SS2 Economics answer about differentiate real from nominal wage, calculate a

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Quiz: The weapons used during a trade dispute

Set me a quick recall test on the weapons used during a trade dispute at SS2 level. Five q

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Spot my mistake: Utility and distinguish total, average and marginal utility

Give me a wrong or muddled explanation of utility and distinguish total, average and margi

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Let me explain: Utility maximisation

Act as my study partner. I will teach you utility maximisation in my own words. Afterwards

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Real-life Nigeria: Derivation exercise converting a marginal utility schedule into willingness to pay at three

Show me how derivation exercise converting a marginal utility schedule into willingness to

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Spot my mistake: Calculating deficits and surpluses on each component

Write a short SS2 Economics answer about calculating deficits and surpluses on each compon

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Real-life Nigeria: Sorting exercise placing twenty transactions - crude oil export

Take sorting exercise placing twenty transactions - crude oil export out of the textbook.

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Spot my mistake: Determine the equilibrium exchange rate

Give me a wrong or muddled explanation of determine the equilibrium exchange rate from the

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Practice set: Recording the official CBN rate and a parallel market rate daily for one week

Give me a practice set on recording the official CBN rate and a parallel market rate daily

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Real-life Nigeria: Calculation of VAT at the current rate on a given shopping list

Take calculation of VAT at the current rate on a given shopping list out of the textbook.

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Spot my mistake: Plotting the three systems on axes of average tax rate against income and label each curve

Write a short SS2 Economics answer about plotting the three systems on axes of average tax

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Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve

Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe

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Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns

Act as my study partner. I will teach you the law of variable proportions, showing increas

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