174 prompts matching "How a free market reaches equilibrium"
Spot my mistake: Drawing and label a diagram showing a depreciation of the naira against the dollar
Show me a worked example on drawing and label a diagram showing a depreciation of the nair
Spot my mistake: How price elasticity of demand and of supply determine the split of the burden between consumer
Give me a wrong or muddled explanation of how price elasticity of demand and of supply det
Spot my mistake: Drawing and label a diagram showing the incidence of a specific tax when demand is inelastic
Show me a worked example on drawing and label a diagram showing the incidence of a specifi
Let me explain: The law of variable proportions, showing increasing, diminishing and negative returns
Act as my study partner. I will teach you the law of variable proportions, showing increas
Project task: Applying MV = PT to given values to show the effect of a twenty per cent rise in the money
Give me a practical task on applying MV = PT to given values to show the effect of a twent
Teach me: The meaning of a perfectly competitive market
You are my personal SS2 Economics tutor. Teach me the meaning of a perfectly competitive m
Quiz: Current agricultural policy and the marketing of agricultural commodities
I am revising Agriculture II for SS2 Economics. Test me on current agricultural policy and
Practice set: Demand and supply diagram showing the effect of a government fertiliser subsidy on the maize
Give me a practice set on demand and supply diagram showing the effect of a government fer
Practice set: Cost calculation showing the effect of self-generated diesel power on the unit cost of a small
Give me a practice set on cost calculation showing the effect of self-generated diesel pow
Spot my mistake: Drawing the circular flow of income for a four-sector economy showing consumption
Show me a worked example on drawing the circular flow of income for a four-sector economy
Let me explain: The equilibrium level of income as the point where planned injections equal planned withdrawals
Let me talk you through the equilibrium level of income as the point where planned injecti
Teach me: The meaning of the money market
I am an SS2 student studying Financial Institutions in Economics. Explain the meaning of t
Quiz: The meaning of the capital market and classify its instruments
Set me a quick recall test on the meaning of the capital market and classify its instrumen
Spot my mistake: Fiscal, monetary and supply-side policies used to reduce each type of unemployment
Write a short SS2 Economics answer about fiscal, monetary and supply-side policies used to
Practice set: Plotting NBS quarterly unemployment and underemployment rates for the last five years on graph
Give me a practice set on plotting NBS quarterly unemployment and underemployment rates fo
Project task: Unemployment rate from a labour force of 70 million
Give me a practical task on unemployment rate from a labour force of 70 million from Emplo
WAEC prep: Four causes of structural unemployment in Nigeria
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on four c
Real-life Nigeria: Building a five-item class basket
Show me how building a five-item class basket works in real life in Nigeria. Use one concr
Practice set: Each pair is assigned a country, forecasts its inflation rate for next year from published data
Give me a practice set on each pair is assigned a country, forecasts its inflation rate fo
Project task: Shifting aggregate demand right and short-run aggregate supply left on the board to separate
Set me a small project on shifting aggregate demand right and short-run aggregate supply l