300 prompts matching "Calling a change in price a shift of the demand curve"
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
Practice set: Tracing the stages of production of a bag of Dangote cement from limestone at Obajana to a
Give me a practice set on tracing the stages of production of a bag of Dangote cement from
WAEC prep: Describe, in six lines, the three stages of production of garri from cassava
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on descri
Spot my mistake: The four groups of decision makers in an economy — consumers, workers, firms and government —
Give me a wrong or muddled explanation of the four groups of decision makers in an economy
Practice set: One-page comparison table of the three ownership forms, with no financing detail at this stage
Give me a practice set on one-page comparison table of the three ownership forms, with no
Spot my mistake: The main features of a market economic system
Show me a worked example on the main features of a market economic system with an error so
Let me explain: Two advantages and two disadvantages of leaving allocation to the market
Let me talk you through two advantages and two disadvantages of leaving allocation to the
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
Teach me: The income and substitution effects that give the demand curve its downward slope
You are my personal SS1 Economics tutor. Teach me the income and substitution effects that
Let me explain: The meaning of supply
Let me talk you through the meaning of supply from the Supply topic. When I finish, grade
Quiz: Why the supply curve slopes upwards in terms of profitability and rising costs
Set me a quick recall test on why the supply curve slopes upwards in terms of profitabilit
Practice set: Listing five events that would raise the supply of rice in Nigeria and five that would cut it
Give me a practice set on listing five events that would raise the supply of rice in Niger
Let me explain: Disequilibrium and the process by which price returns to equilibrium
Act as my study partner. I will teach you disequilibrium and the process by which price re
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
Spot my mistake: The determinants of PES, including time period, stocks, spare capacity and factor mobility
Show me a worked example on the determinants of PES, including time period, stocks, spare
Practice set: Comparing the PES of tomatoes within a growing season
Give me a practice set on comparing the PES of tomatoes within a growing season for SS1 Ec
Spot my mistake: Two reasons why agricultural supply is price inelastic in the short run
Show me a worked example on two reasons why agricultural supply is price inelastic in the
Spot my mistake: The meaning of consumer surplus and producer surplus
Give me a wrong or muddled explanation of the meaning of consumer surplus and producer sur
Project task: Who gains and who loses when a market price rises, and whether the two effects cancel out
Give me a practical task on who gains and who loses when a market price rises, and whether
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure