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Economics

AI prompts for senior secondary learners.

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291 prompts matching "The profit-maximising output where marginal cost equals marginal revenue"

Teach me: Tracing the effects of a price change through related markets

I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the

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

Set me a quick recall test on using elasticity to judge how large the price and quantity e

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

Set me a small project on map the knock-on effects of a diesel price rise on the bakery, c

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Practice set: Four consequences for consumers of a rise in the price of a staple food

Set me five practice tasks on four consequences for consumers of a rise in the price of a

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

Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur

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Teach me: Why total surplus is greatest at the market equilibrium

Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke

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Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out

Give me a practical task on who gains and who loses when a market price rises, and whether

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

Set me a small project on half the class argues for keeping refineries in state hands, the

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Quiz: The meaning of market failure

I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure

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Practice set: Matching six Nigerian cases to their cause of failure

Set me five practice tasks on matching six Nigerian cases to their cause of failure, at th

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Let me explain: The meaning of merit goods, demerit goods and public goods

I am going to explain the meaning of merit goods, demerit goods and public goods to you, a

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Teach me: Why public goods are not supplied by the market and must be financed by government

Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m

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Teach me: The government's roles as producer, employer, regulator and redistributor

You are my personal SS1 Economics tutor. Teach me the government's roles as producer, empl

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Quiz: The main methods of intervention — maximum

I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven

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Let me explain: Whether government intervention always improves the allocation of resources

Let me talk you through whether government intervention always improves the allocation of

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Spot my mistake: The standard 8-mark evaluation at the end of Paper 2 Section B

Write a short SS1 Economics answer about the standard 8-mark evaluation at the end of Pape

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Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage

Show me how drawing a maximum price set below equilibrium showing the resulting shortage w

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Project task: 200-word judgement on whether the petrol subsidy should have been removed

Set me a small project on 200-word judgement on whether the petrol subsidy should have bee

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Teach me: The meaning of population

I am an SS1 student studying Population Size and Census in Economics. Explain the meaning

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Quiz: How Nigeria's population is counted, using the National Population Commission

Set me a quick recall test on how Nigeria's population is counted, using the National Popu

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