240 prompts matching "What happens to consumer surplus when supply increases"
Quiz: International trade
Quiz me on international trade, from the SS2 Economics topic International Trade and Speci
Let me explain: Visible and invisible trade and imports from exports, and define the terms of trade, compared
Act as my study partner. I will teach you visible and invisible trade and imports from exp
Spot my mistake: The merits and demerits of specialising
Show me a worked example on the merits and demerits of specialising with an error somewher
Spot my mistake: Two disadvantages of depending on a single export commodity
Show me a worked example on two disadvantages of depending on a single export commodity wi
Quiz: The meaning of globalisation
I am revising Globalisation and Trade Protection II for SS2 Economics. Test me on the mean
Spot my mistake: The effect of a tariff on price, domestic output
Write a short SS2 Economics answer about the effect of a tariff on price, domestic output
Teach me: The arguments for and against protection, including the infant industry and dumping arguments
I am an SS2 student studying Globalisation and Trade Protection II in Economics. Explain t
Spot my mistake: Whether protecting infant industries benefits an economy
Show me a worked example on whether protecting infant industries benefits an economy with
Teach me: The Malthusian argument
Be my SS2 Economics teacher for this one point: the Malthusian argument. Start with why it
Spot my mistake: The consequences of rapid population growth for a developing country
Show me a worked example on the consequences of rapid population growth for a developing c
Quiz: Constructing the meaning of elasticity of demand
Quiz me on constructing the meaning of elasticity of demand, from the SS2 Economics topic
Let me explain: Interpreting PED values as elastic, inelastic or unitary
Act as my study partner. I will teach you interpreting PED values as elastic, inelastic or
Spot my mistake: Calculating cross elasticity and income elasticity for a given set of data
Show me a worked example on calculating cross elasticity and income elasticity for a given
Teach me: The meaning of the labour market
You are my personal SS2 Economics tutor. Teach me the meaning of the labour market, as it
Spot my mistake: Differentiate real from nominal wage, calculate a real wage from CPI data
Write a short SS2 Economics answer about differentiate real from nominal wage, calculate a
Spot my mistake: Calculating the real wage from the nominal wage and CPI data given
Show me a worked example on calculating the real wage from the nominal wage and CPI data g
Teach me: The meaning of a trade union
I am an SS2 student studying Trade Unions in Economics. Explain the meaning of a trade uni
Teach me: Constructing a utility schedule from given data
Be my SS2 Economics teacher for this one point: constructing a utility schedule from given
Spot my mistake: Complete the marginal utility column for five units
Show me a worked example on complete the marginal utility column for five units with an er
Let me explain: Utility maximisation
Act as my study partner. I will teach you utility maximisation in my own words. Afterwards