A parent, guardian, or teacher should always be involved when a child uses AI. Please review AI responses together before relying on them.
← Back to Senior Secondary

Economics

AI prompts for senior secondary learners.

📅 36-Week WAEC Study Guide for Economics →
Three prompts in each subject are free to try. One subscription opens every subject and every prompt in senior secondary, or subscribe your whole school. Already have a code? Enter it here.
Clear

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

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

Subscribe to unlock all

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,

Subscribe to unlock all

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

Subscribe to unlock all

Quiz: Plotting total, average and marginal revenue

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

Subscribe to unlock all

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

Subscribe to unlock all

Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve

Take plotting total revenue against output for a firm facing a downward-sloping demand cur

Subscribe to unlock all

Teach me: The meaning of money, state its functions

I am an SS2 student studying Demand for and Supply of Money in Economics. Explain the mean

Subscribe to unlock all

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

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

Subscribe to unlock all

Spot my mistake: The quantity theory of money in the form MV = PT

Give me a wrong or muddled explanation of the quantity theory of money in the form MV = PT

Subscribe to unlock all

Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money

Give me a practical task on applying MV = PT to given values to show the effect of a twent

Subscribe to unlock all

Spot my mistake: Two motives for holding money rather than an interest-bearing asset

Show me a worked example on two motives for holding money rather than an interest-bearing

Subscribe to unlock all

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

Subscribe to unlock all

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

Subscribe to unlock all

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

Subscribe to unlock all

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

Subscribe to unlock all

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

Subscribe to unlock all

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

Subscribe to unlock all

Project task: Reading a two-page extract from the current Federal Government budget

Set me a small project on reading a two-page extract from the current Federal Government b

Subscribe to unlock all

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.

Subscribe to unlock all

Practice set: Three types of budget

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

Subscribe to unlock all