300 prompts matching "Calculating the price level from the values of M, V and T provided"
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
Let me explain: Interpreting PED values as elastic, inelastic, unitary, perfectly elastic or perfectly inelastic
I am going to explain interpreting PED values as elastic, inelastic, unitary, perfectly el
Let me explain: The four basic economic questions
Let me talk you through the four basic economic questions from the Nature of the Economic
Let me explain: No separate syllabus topic, but the skill carries marks in every data-response question
Let me talk you through no separate syllabus topic, but the skill carries marks in every d
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
Let me explain: Joint, competitive, derived and composite demand, compared
Let me talk you through joint, competitive, derived and composite demand, compared from th
Quiz: The PED formula
Set me a quick recall test on the PED formula at SS1 level. Five questions, one at a time,
Quiz: Commonly paired with PED in the part (c) analysis on Paper 2
I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit
Let me explain: Examined as an extended chain of reasoning on Paper 2
I am going to explain examined as an extended chain of reasoning on Paper 2 to you, as an
Practice set: Four reasons for public ownership of an industry
Set me five practice tasks on four reasons for public ownership of an industry, at the lev
Project task: Cause of failure in three Nigerian cases
Give me a practical task on cause of failure in three Nigerian cases from Market Failure I
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
Spot my mistake: Why merit goods are under-consumed and demerit goods over-consumed in a free market
Give me a wrong or muddled explanation of why merit goods are under-consumed and demerit g
Quiz: How Nigeria's population is counted, using the National Population Commission
Set me a quick recall test on how Nigeria's population is counted, using the National Popu
Spot my mistake: Three difficulties of conducting an accurate census in Nigeria
Give me a wrong or muddled explanation of three difficulties of conducting an accurate cen
Practice set: Calculating population density for six states to one decimal place
Set me five practice tasks on calculating population density for six states to one decimal
Project task: Identifying three external costs of traffic congestion in a named Nigerian city
Give me a practical task on identifying three external costs of traffic congestion in a na
Practice set: Two reasons why Nigeria's tertiary sector has expanded
Set me five practice tasks on two reasons why Nigeria's tertiary sector has expanded, at t
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
Quiz: Free goods, economic goods and public goods
I am revising Nature of the Economic Problem for SS1 Economics. Test me on free goods, eco