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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Assuming a centrally planned economy has no prices at all"

Quiz: How the what, how and for whom decisions are taken in a planned economy

Set me a quick recall test on how the what, how and for whom decisions are taken in a plan

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Practice set: Four features of a planned economy

Set me five practice tasks on four features of a planned economy, at the level expected in

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Practice set: Three functions of price in a market economy

Set me five practice tasks on three functions of price in a market economy, at the level e

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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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Real-life Nigeria: Annotating a blank diagram with the three functions of price

Take annotating a blank diagram with the three functions of price out of the textbook. Des

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Spot my mistake: Interpreting the shape of Nigeria's pyramid and contrast it with that of an ageing economy

Show me a worked example on interpreting the shape of Nigeria's pyramid and contrast it wi

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Real-life Nigeria: What price for bread) and answers it first as a central planner and then as a market

Show me how what price for bread) and answers it first as a central planner and then as a

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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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WAEC prep: Calculating the mean, median and mode of ten price observations

Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on calcul

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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: How the price mechanism answers the what

You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what

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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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Practice set: Calculating PED for a N50 rise in the price of a data bundle

Give me a practice set on calculating PED for a N50 rise in the price of a data bundle for

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Spot my mistake: The consequences of a price change for consumers, producers and workers in that market

Write a short SS1 Economics answer about the consequences of a price change for consumers,

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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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Spot my mistake: Explain, using elasticity, why the same shift raises price more in one market than in another

Show me a worked example on explain, using elasticity, why the same shift raises price mor

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Practice set: From a supplied scale diagram, calculate consumer surplus before and after a N20 price rise

Give me a practice set on from a supplied scale diagram, calculate consumer surplus before

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Project task: For each of four unexploited deposits, suggest two reasons why extraction has not begun

Give me a practical task on for each of four unexploited deposits, suggest two reasons why

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Let me explain: Constructing a frequency table from raw economic data

Act as my study partner. I will teach you constructing a frequency table from raw economic

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Quiz: Calculating the mean, median and mode of a set of economic data

I am revising Basic Tools of Economic Analysis for SS1 Economics. Test me on calculating t

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