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Economics

AI prompts for senior secondary learners.

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299 prompts matching "Excess demand and excess supply, and how a market clears them"

Project task: Listing four effects on producers and workers of a fall in the oil price from 90 to 60 dollars

Give me a practical task on listing four effects on producers and workers of a fall in the

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Real-life Nigeria: On what refining at Lekki changes compared with exporting crude and importing petrol

Show me how on what refining at Lekki changes compared with exporting crude and importing

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Spot my mistake: Applying the private and social cost framework from the Spring term to one Nigerian

Show me a worked example on applying the private and social cost framework from the Spring

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Project task: Listing the private gains and the external costs and reach a reasoned verdict

Set me a small project on listing the private gains and the external costs and reach a rea

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Practice set: Drawing a diagram showing social cost lying above private cost for a polluting activity

Give me a practice set on drawing a diagram showing social cost lying above private cost f

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Teach me: Assessed as Paper 1 multiple choice and as the 2-mark define and 4-mark explain parts of Paper 2

I am an SS1 student studying Nature of the Economic Problem in Economics. Explain assessed

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Spot my mistake: Interpreting points on, inside and outside the PPC as efficient, under-used and unattainable

Give me a wrong or muddled explanation of interpreting points on, inside and outside the P

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Quiz: PPC construction and interpretation are examined on Paper 2

Quiz me on PPC construction and interpretation are examined on Paper 2, from the SS1 Econo

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Quiz: The primary, secondary and tertiary stages of production for one Nigerian product

Set me a quick recall test on the primary, secondary and tertiary stages of production for

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Let me explain: The private sector and the public sector compared

I am going to explain the private sector and the public sector compared to you, as an SS1

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Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —

Give me a wrong or muddled explanation of the four groups of decision makers in an economy

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Teach me: The main features of a planned economic system, including state ownership and central planning

I am an SS1 student studying The Planned Economic System in Economics. Explain the main fe

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Spot my mistake: Two merits and two demerits of central planning

Give me a wrong or muddled explanation of two merits and two demerits of central planning

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Teach me: Assessed through compare and discuss command words on Paper 2

Be my SS1 Economics teacher for this one point: assessed through compare and discuss comma

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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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Quiz: Surplus and shortage at prices above and below equilibrium and measure each in units

Quiz me on surplus and shortage at prices above and below equilibrium and measure each in

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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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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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Quiz: Four advantages and four disadvantages of public enterprises in Nigeria

Quiz me on four advantages and four disadvantages of public enterprises in Nigeria, from t

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Let me explain: Private cost, external cost and social cost

Let me talk you through private cost, external cost and social cost from the Private and S

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