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Economics

AI prompts for senior secondary learners.

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300 prompts matching "The problems small-scale industries face in Nigeria"

Practice set: Identifying the aims of buyer, seller and auctioneer and how the price settles

Give me a practice set on identifying the aims of buyer, seller and auctioneer and how the

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Spot my mistake: Explain, with one Nigerian example each, two advantages and two disadvantages of a market system

Show me a worked example on explain, with one Nigerian example each, two advantages and tw

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Quiz: How the what, how and for whom decisions are taken in a planned economy

Set me a quick recall test on how the what, how and for whom decisions are taken in a plan

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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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Let me explain: The meaning of supply

Let me talk you through the meaning of supply from the Supply topic. When I finish, grade

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

Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit

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

Act as my study partner. I will teach you disequilibrium and the process by which price re

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Practice set: How the market for hotel rooms in Lagos

Give me a practice set on how the market for hotel rooms in Lagos for SS1 Economics. Start

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

Show me a worked example on drawing a demand and supply diagram to scale with an error som

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Quiz: The determinants of supply: costs of production

I am revising Changes in Demand and Supply for SS1 Economics. Test me on the determinants

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Spot my mistake: Drawing diagrams showing the effect on equilibrium price

Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu

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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: 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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Practice set: Calculating PED for a N50 rise in the price of a data bundle

Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for

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

Show me a worked example on the determinants of PES, including time period, stocks, spare

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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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Practice set: Comparing the PES of tomatoes within a growing season

Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec

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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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