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Senior Secondary

Economics

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300 prompts matching "The price mechanism and its role in allocating scarce resources"

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

Let me explain: The private sector and the public sector compared

I am going to explain the private sector and the public sector compared to you, as an SS1

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

Real-life Nigeria: Ten firms and organisations in their own town

Take ten firms and organisations in their own town out of the textbook. Describe a real Ni

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: How the what, how and for whom decisions are taken in a planned economy

Set me a quick recall test on how the what, how and for whom decisions are taken in a plan

Quiz: The meaning of demand

Quiz me on the meaning of demand, from the SS1 Economics topic Demand. Ask five short ques

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

Real-life Nigeria: Plotting the Week 8 demand schedule and this week's supply schedule on the same axes

Show me how plotting the Week 8 demand schedule and this week's supply schedule on the sam

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

Spot my mistake: Four determinants of the demand for cement in Nigeria

Show me a worked example on four determinants of the demand for cement in Nigeria with an

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

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: Half the class argues for keeping refineries in state hands

Set me a small project on half the class argues for keeping refineries in state hands, the

Let me explain: The meaning of merit goods, demerit goods and public goods

I am going to explain the meaning of merit goods, demerit goods and public goods to you, a

Teach me: Why public goods are not supplied by the market and must be financed by government

Be my SS1 Economics teacher for this one point: why public goods are not supplied by the m

Teach me: Census data handling feeds directly into the Paper 2 data-response question

Be my SS1 Economics teacher for this one point: census data handling feeds directly into t

Spot my mistake: Interpreting the shape of Nigeria's pyramid and contrast it with that of an ageing economy

Show me a worked example on interpreting the shape of Nigeria's pyramid and contrast it wi

Project task: Annotating the two pyramids with three implications each for schools, housing and pensions

Set me a small project on annotating the two pyramids with three implications each for sch

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