300 prompts matching "How an outward shift of the whole curve represents economic growth"
Quiz: The meaning of opportunity cost
Set me a quick recall test on the meaning of opportunity cost at SS1 level. Five questions
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
Teach me: The classification of given Nigerian resources
I am an SS1 student studying Factors of Production in Economics. Explain the classificatio
Quiz: The primary, secondary and tertiary stages of production for one Nigerian product
Set me a quick recall test on the primary, secondary and tertiary stages of production for
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
Teach me: How the price mechanism answers the what
You are my personal SS1 Economics tutor. Teach me how the price mechanism answers the what
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
Quiz: The meaning of demand
Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques
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
Practice set: How the demand for one named commodity
Give me a practice set on how the demand for one named commodity for SS1 Economics. Start
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: The meaning of equilibrium price and equilibrium quantity and locate both on a drawn diagram
Give me a wrong or muddled explanation of the meaning of equilibrium price and equilibrium
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 demand: income, the price of substitutes
You are my personal SS1 Economics tutor. Teach me the determinants of demand: income, the
Quiz: The determinants of supply: costs of production
I am revising Changes in Demand and Supply for SS1 Economics. Test me on the determinants
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
Spot my mistake: Drawing three demand curves showing elastic, inelastic and perfectly inelastic demand
Show me a worked example on drawing three demand curves showing elastic, inelastic and per
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