292 prompts matching "Assuming OPEC fixes the world price of crude oil directly"
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
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
Project task: Demand for sachet water at five prices is tabulated, summed and plotted on one pair of axes
Set me a small project on demand for sachet water at five prices is tabulated, summed and
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
Teach me: The determinants of PED, including availability of substitutes
Be my SS1 Economics teacher for this one point: the determinants of PED, including availab
Teach me: The significance of PES for producers and government when demand changes suddenly
You are my personal SS1 Economics tutor. Teach me the significance of PES for producers an
Real-life Nigeria: Drawing a maximum price set below equilibrium showing the resulting shortage
Show me how drawing a maximum price set below equilibrium showing the resulting shortage w
Teach me: The meaning of population
I am an SS1 student studying Population Size and Census in Economics. Explain the meaning
Teach me: Rural-urban migration in Nigeria and two of its effects on the areas people leave
I am an SS1 student studying Population Change in Economics. Explain rural-urban migration
Teach me: The meaning of the primary, secondary and tertiary sectors
I am an SS1 student studying Structure of the Nigerian Economy in Economics. Explain the m
Teach me: The location and contribution of petroleum, natural gas and solid minerals in Nigeria
I am an SS1 student studying Petroleum and Solid Minerals in Economics. Explain the locati
Practice set: Calculating crude oil's percentage share of Nigerian exports for three years
Give me a practice set on calculating crude oil's percentage share of Nigerian exports for
Practice set: Calculating crude oil's share of export earnings for three years
Set me five practice tasks on calculating crude oil's share of export earnings for three y
Teach me: The meaning of economics
You are my personal SS1 Economics tutor. Teach me the meaning of economics, as it is taugh
Practice set: Their own definition of economics on the board, then refine it against the scarcity definition
Give me a practice set on their own definition of economics on the board, then refine it a
Quiz: The meaning of opportunity cost
Set me a quick recall test on the meaning of opportunity cost at SS1 level. Five questions
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic
Practice set: Analyse, using a PPC diagram, the effect of a fall in oil revenue on Nigeria's productive
Set me five practice tasks on analyse, using a PPC diagram, the effect of a fall in oil re
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
Spot my mistake: The four factors of production
Write a short SS1 Economics answer about the four factors of production that contains thre