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Senior Secondary

Economics

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279 prompts matching "Income elasticity and cross elasticity of demand"

Let me explain: Factors that shift the demand and supply curves for labour

Let me talk you through factors that shift the demand and supply curves for labour from th

Real-life Nigeria: Same diagram is redrawn with an inelastic demand curve

Take same diagram is redrawn with an inelastic demand curve out of the textbook. Describe

Real-life Nigeria: Plotting total revenue against output for a firm facing a downward-sloping demand curve

Take plotting total revenue against output for a firm facing a downward-sloping demand cur

Let me explain: The supply of money and classify assets into the narrow and broad measures M1, M2 and M3

I am going to explain the supply of money and classify assets into the narrow and broad me

Practice set: Calculating the price level from the values of M, V and T provided

Set me five practice tasks on calculating the price level from the values of M, V and T pr

Practice set: Allocating a mock state budget of one hundred naira across health

Give me a practice set on allocating a mock state budget of one hundred naira across healt

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 employment, unemployment and full employment

You are my personal SS2 Economics tutor. Teach me the meaning of employment, unemployment

Let me explain: The costs of unemployment to the unemployed, to firms and to government revenue

Let me talk you through the costs of unemployment to the unemployed, to firms and to gover

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

Quiz: Calculating a simple weighted price index and the rate of inflation between two years

Set me a quick recall test on calculating a simple weighted price index and the rate of in

Let me explain: Demand-pull and cost-push inflation, illustrating each on an aggregate demand and supply sketch

I am going to explain demand-pull and cost-push inflation, illustrating each on an aggrega

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

Quiz: The meaning of deflation and distinguish it from disinflation

Quiz me on the meaning of deflation and distinguish it from disinflation, from the SS2 Eco

Spot my mistake: Why deflation raises the real value of a farmer's outstanding loan

Show me a worked example on why deflation raises the real value of a farmer's outstanding

WAEC prep: Paper 1 style set of ten multiple-choice items covering inflation and deflation

Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on paper

Quiz: National income accounting and define GDP, GNI and net national income

I am revising National Income Accounting for SS2 Economics. Test me on national income acc

Spot my mistake: Four limitations of GDP per head as a measure of living standards

Show me a worked example on four limitations of GDP per head as a measure of living standa

Quiz: The meaning of absolute and relative poverty

Set me a quick recall test on the meaning of absolute and relative poverty at SS2 level. F

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