279 prompts matching "The price mechanism and its role in allocating scarce resources"
Teach me: The uses and limitations of national income data
I am an SS2 student studying National Income Accounting in Economics. Explain the uses and
Practice set: Calculating GDP per head from the GDP and population figures given
Set me five practice tasks on calculating GDP per head from the GDP and population figures
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
Let me explain: Visible and invisible trade and imports from exports, and define the terms of trade, compared
Act as my study partner. I will teach you visible and invisible trade and imports from exp
Teach me: The arguments for and against protection, including the infant industry and dumping arguments
I am an SS2 student studying Globalisation and Trade Protection II in Economics. Explain t
Quiz: Birth rate, death rate, natural increase and net migration, and the factors that affect each
Set me a quick recall test on birth rate, death rate, natural increase and net migration,
Let me explain: The reasons for different rates of population growth in developed and developing countries
I am going to explain the reasons for different rates of population growth in developed an
Quiz: Constructing the meaning of elasticity of demand
Quiz me on constructing the meaning of elasticity of demand, from the SS2 Economics topic
Real-life Nigeria: Cross-elasticity exercise using rice and garri, then petrol and cars
Show me how cross-elasticity exercise using rice and garri, then petrol and cars works in
Practice set: Stating the sign and name the relationship in each case
Give me a practice set on stating the sign and name the relationship in each case for SS2
Project task: Timed drill on past examination questions on cross elasticity of demand taken from the school
Set me a small project on timed drill on past examination questions on cross elasticity of
Quiz: The factors that influence the demand for and the supply of labour
I am revising Labour Market for SS2 Economics. Test me on the factors that influence the d
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
Spot my mistake: Calculating the real wage from the nominal wage and CPI data given
Show me a worked example on calculating the real wage from the nominal wage and CPI data g
Spot my mistake: Calculating consumer equilibrium across two goods from a marginal utility and price table
Show me a worked example on calculating consumer equilibrium across two goods from a margi
Let me explain: The meaning of the exchange rate and distinguish floating, fixed and managed float systems
I am going to explain the meaning of the exchange rate and distinguish floating, fixed and
Project task: Drawing a demand and supply diagram for the naira
Give me a practical task on drawing a demand and supply diagram for the naira from Foreign
Practice set: Recording the official CBN rate and a parallel market rate daily for one week
Give me a practice set on recording the official CBN rate and a parallel market rate daily
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
Let me explain: The meaning and purposes of taxation
Act as my study partner. I will teach you the meaning and purposes of taxation in my own w