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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Economic growth and economic development distinguished"

Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs

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Spot my mistake: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram

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Let me explain: Disequilibrium and the process by which price returns to equilibrium

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Spot my mistake: A standard Paper 2 diagram question and a frequent Paper 1 stem

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Project task: Measuring surplus and shortage in units

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Spot my mistake: Drawing a demand and supply diagram to scale

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Practice set: Data response: a supplied price and quantity table for Nigerian rice

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Spot my mistake: Four determinants of the demand for cement in Nigeria

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Spot my mistake: The relationship between PED and total revenue using a worked revenue table

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Practice set: Calculating PED in five cases and classify each answer

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Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand

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Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility

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Practice set: Drawing and label four supply curves of differing elasticity

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Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be

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Project task: Map the knock-on effects of a diesel price rise on the bakery, cold-store and haulage markets

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Spot my mistake: The meaning of consumer surplus and producer surplus

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Project task: Half the class argues for keeping refineries in state hands

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Spot my mistake: Six Nigerian public enterprises and the service each provides

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Spot my mistake: Five correct is the pass standard

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Quiz: The cost-benefit comparison is standard 6- and 8-mark Paper 2 material

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