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Economics

AI prompts for senior secondary learners.

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274 prompts matching "Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wordin"

Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic

Show me a worked example on drawing and label a diagram showing the incidence of a specifi

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WAEC prep: Calculating the consumer's share of the tax burden from the data given

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

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Spot my mistake: The short run and the long run in terms of fixed and variable factors, compared

Show me a worked example on the short run and the long run in terms of fixed and variable

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Practice set: Pair task identifying the output at which marginal product cuts average product

Give me a practice set on pair task identifying the output at which marginal product cuts

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Spot my mistake: Complete the average and marginal product columns for six units of labour

Show me a worked example on complete the average and marginal product columns for six unit

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Practice set: The law of diminishing returns using the figures in your own table

Set me five practice tasks on the law of diminishing returns using the figures in your own

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Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve

Take plotting total revenue against output for a firm facing a downward-sloping demand cur

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WAEC prep: The profit-maximising condition and apply it to the cost and revenue table given

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

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Spot my mistake: The quantity theory of money in the form MV = PT

Give me a wrong or muddled explanation of the quantity theory of money in the form MV = PT

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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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Spot my mistake: Two motives for holding money rather than an interest-bearing asset

Show me a worked example on two motives for holding money rather than an interest-bearing

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Teach me: The meaning of private and public limited companies

Be my SS2 Economics teacher for this one point: the meaning of private and public limited

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Spot my mistake: The problems of business financing in Nigeria

Show me a worked example on the problems of business financing in Nigeria with an error so

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WAEC prep: Two advantages to a firm of raising finance by issuing debentures rather than ordinary shares

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

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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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Spot my mistake: The importance of the national budget as an instrument of fiscal policy for growth

Give me a wrong or muddled explanation of the importance of the national budget as an inst

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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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WAEC prep: Whether a budget deficit is harmful to the Nigerian economy

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

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Teach me: The meaning of agriculture

Be my SS2 Economics teacher for this one point: the meaning of agriculture. Start with why

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Let me explain: The prospects of agriculture for diversification, food security and employment

Let me talk you through the prospects of agriculture for diversification, food security an

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