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Economics

AI prompts for senior secondary learners.

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279 prompts matching "Income elasticity and cross elasticity of demand"

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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WAEC prep: Calculating the consumer's share of the tax burden from the data given

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 the burden of a tax on petrol falls mainly on consumers

Set me five practice tasks on why the burden of a tax on petrol falls mainly on consumers,

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Practice set: The law of diminishing returns using the figures in your own table

Set me five practice tasks on the law of diminishing returns using the figures in your own

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Quiz: Plotting total, average and marginal revenue

I am revising Theory of Production: Costs and Revenue for SS2 Economics. Test me on plotti

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Let me explain: Fixed, variable, total and average cost, compared

Let me talk you through fixed, variable, total and average cost, compared from the Theory

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Quiz: The transactions, precautionary and speculative motives for holding money

Set me a quick recall test on the transactions, precautionary and speculative motives for

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Spot my mistake: The problems of business financing in Nigeria

Show me a worked example on the problems of business financing in Nigeria with an error so

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Project task: Building a two-column comparison of a share

Set me a small project on building a two-column comparison of a share, the kind I could fi

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WAEC prep: Two advantages to a firm of raising finance by issuing debentures rather than ordinary shares

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

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Teach me: The meaning of a perfectly competitive market

You are my personal SS2 Economics tutor. Teach me the meaning of a perfectly competitive m

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Let me explain: Barriers to entry and the difference between a price taker and a price maker

Let me talk you through barriers to entry and the difference between a price taker and a p

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Real-life Nigeria: Calculation of a four-firm concentration ratio from given market share data for the

Show me how calculation of a four-firm concentration ratio from given market share data fo

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WAEC prep: Whether monopoly is always against the interest of the consumer

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

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Spot my mistake: The importance of the national budget as an instrument of fiscal policy for growth

Give me a wrong or muddled explanation of the importance of the national budget as an inst

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Real-life Nigeria: Calculation of the deficit as a percentage of total expenditure

Take calculation of the deficit as a percentage of total expenditure out of the textbook.

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Practice set: Three types of budget

Set me five practice tasks on three types of budget, at the level expected in SS2 The Nati

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Teach me: The meaning of agriculture

Be my SS2 Economics teacher for this one point: the meaning of agriculture. Start with why

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