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Economics

AI prompts for senior secondary learners.

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300 prompts matching "Calculating the average and marginal propensities to consume"

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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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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Quiz: Analyse, using a diagram, how a rise in consumer demand reallocates resources towards a good

I am revising The Market Economic System for SS1 Economics. Test me on analyse, using a di

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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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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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Spot my mistake: Calculating natural increase and the rate of population growth from supplied vital statistics

Write a short SS1 Economics answer about calculating natural increase and the rate of popu

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Spot my mistake: Calculating sector angles and construct a pie chart from a given set of data

Show me a worked example on calculating sector angles and construct a pie chart from a giv

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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 classification of twelve items by factor; ten correct is the pass standard

Show me a worked example on the classification of twelve items by factor; ten correct is t

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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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Real-life Nigeria: Ten firms and organisations in their own town

Take ten firms and organisations in their own town out of the textbook. Describe a real Ni

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Let me explain: Two advantages and two disadvantages of leaving allocation to the market

Let me talk you through two advantages and two disadvantages of leaving allocation to the

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Teach me: Drawing demand and supply on one pair of axes to scale and read off the equilibrium

Be my SS1 Economics teacher for this one point: drawing demand and supply on one pair of a

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Let me explain: Disequilibrium and the process by which price returns to equilibrium

Act as my study partner. I will teach you disequilibrium and the process by which price re

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Spot my mistake: The relationship between PED and total revenue using a worked revenue table

Give me a wrong or muddled explanation of the relationship between PED and total revenue u

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Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility

Show me a worked example on the determinants of PES, including time period, stocks, spare

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Quiz: Using elasticity to judge how large the price and quantity effects of a given shift will be

Set me a quick recall test on using elasticity to judge how large the price and quantity e

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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: The mixed economic system and the balance struck between the private and public sectors

Show me a worked example on the mixed economic system and the balance struck between the p

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Teach me: The government's roles as producer, employer, regulator and redistributor

You are my personal SS1 Economics tutor. Teach me the government's roles as producer, empl

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