300 prompts matching "Confusing economics with commerce and with accounting"
Spot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording
Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455
Let me explain: Constructing a production possibility curve to scale on graph paper from a given output schedule
I am going to explain constructing a production possibility curve to scale on graph paper
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
Real-life Nigeria: Converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by 360)
Take converting NBS quarterly GDP sector shares into pie-chart angles (share multiplied by
Practice set: Three reasons why a pie chart may mislead a reader
Set me five practice tasks on three reasons why a pie chart may mislead a reader, at the l
Spot my mistake: The four factors of production
Write a short SS1 Economics answer about the four factors of production that contains thre
Real-life Nigeria: Four factor cards matched against twelve characteristic cards
Show me how four factor cards matched against twelve characteristic cards works in real li
Quiz: The classification of six local firms by sector of ownership
Quiz me on the classification of six local firms by sector of ownership, from the SS1 Econ
Spot my mistake: Three Nigerian public corporations
Show me a worked example on three Nigerian public corporations with an error somewhere in
Real-life Nigeria: Livestock or produce auction clip
Show me how livestock or produce auction clip works in real life in Nigeria. Use one concr
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
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: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
Spot my mistake: Drawing a supply curve to scale from a given supply schedule
Write a short SS1 Economics answer about drawing a supply curve to scale from a given supp
Real-life Nigeria: From a supplied schedule, draw the diagram to scale
Take from a supplied schedule, draw the diagram to scale out of the textbook. Describe a r
Spot my mistake: Drawing diagrams showing the effect on equilibrium price
Write a short SS1 Economics answer about drawing diagrams showing the effect on equilibriu
Teach me: This is exactly the 6-mark diagram question on Paper 2
I am an SS1 student studying Changes in Demand and Supply in Economics. Explain this is ex
Real-life Nigeria: Classifying twelve pairs of Nigerian goods as substitutes or complements
Show me how classifying twelve pairs of Nigerian goods as substitutes or complements works
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
Real-life Nigeria: Ranking eight Nigerian goods from most to least price elastic
Take ranking eight Nigerian goods from most to least price elastic out of the textbook. De