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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Two merits and two demerits of central planning"

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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Practice set: Stating the sign and name the relationship in each case

Give me a practice set on stating the sign and name the relationship in each case for SS2

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WAEC prep: Calculating five PED values to two decimal places

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

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Practice set: Why a firm selling a good with inelastic demand raises total revenue when it raises price

Set me five practice tasks on why a firm selling a good with inelastic demand raises total

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Teach me: The meaning of the labour market

You are my personal SS2 Economics tutor. Teach me the meaning of the labour market, as it

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Let me explain: Factors that shift the demand and supply curves for labour

Let me talk you through factors that shift the demand and supply curves for labour from th

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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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Project task: Completing a utility schedule for successive bottles of water consumed on a hot afternoon

Set me a small project on completing a utility schedule for successive bottles of water co

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Practice set: The law of diminishing marginal utility using an example of your own

Set me five practice tasks on the law of diminishing marginal utility using an example of

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Quiz: The types of utility - form, place, time

I am revising Utility Theory II for SS2 Economics. Test me on the types of utility - form,

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Practice set: Aggregating three individual demand schedules into one market demand curve

Give me a practice set on aggregating three individual demand schedules into one market de

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Let me explain: The structure of the current account: trade in goods

Let me talk you through the structure of the current account: trade in goods from the Curr

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Quiz: Expenditure-reducing, expenditure-switching and supply-side policies used to correct a deficit

Set me a quick recall test on expenditure-reducing, expenditure-switching and supply-side

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Spot my mistake: Calculating the balance of trade in goods from the table provided

Show me a worked example on calculating the balance of trade in goods from the table provi

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Spot my mistake: The types of tax with Nigerian examples

Show me a worked example on the types of tax with Nigerian examples with an error somewher

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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: Four canons of a good tax system

Show me a worked example on four canons of a good tax system with an error somewhere in it

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Practice set: Why indirect taxes are often described as regressive

Set me five practice tasks on why indirect taxes are often described as regressive, at the

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Project task: Drawing the supply shift caused by a fifty naira specific tax on a crate of soft drinks

Set me a small project on drawing the supply shift caused by a fifty naira specific tax on

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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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