300 prompts matching "The entrepreneur and the functions they perform"
Project task: Listing the private gains and the external costs and reach a reasoned verdict
Set me a small project on listing the private gains and the external costs and reach a rea
Spot my mistake: Drawing a diagram showing the divergence of private and social cost
Show me a worked example on drawing a diagram showing the divergence of private and social
Quiz: Free goods, economic goods and public goods
I am revising Nature of the Economic Problem for SS1 Economics. Test me on free goods, eco
Quiz: Analyse, using a diagram, how a rise in consumer demand reallocates resources towards a good
I am revising The Market Economic System for SS1 Economics. Test me on analyse, using a di
Practice set: Three functions of price in a market economy
Set me five practice tasks on three functions of price in a market economy, at the level e
Quiz: Accurately drawn and labelled demand diagrams are required in Paper 2 and read off in Paper 1
I am revising Demand for SS1 Economics. Test me on accurately drawn and labelled demand di
Quiz: The determinants of supply: costs of production
I am revising Changes in Demand and Supply for SS1 Economics. Test me on the determinants
Quiz: Commonly paired with PED in the part (c) analysis on Paper 2
I am revising Price Elasticity of Supply for SS1 Economics. Test me on commonly paired wit
Quiz: The meaning of market failure
I am revising Market Failure I for SS1 Economics. Test me on the meaning of market failure
Quiz: The main methods of intervention — maximum
I am revising The Mixed Economy for SS1 Economics. Test me on the main methods of interven
Quiz: The economic benefits of urban concentration
I am revising Urbanisation in Nigeria for SS1 Economics. Test me on the economic benefits
Teach me: The meaning of economics
You are my personal SS1 Economics tutor. Teach me the meaning of economics, as it is taugh
Let me explain: The four basic economic questions
Let me talk you through the four basic economic questions from the Nature of the Economic
Spot my mistake: Microeconomics and macroeconomics by sorting twelve economic news headlines into two columns
Write a short SS1 Economics answer about microeconomics and macroeconomics by sorting twel
Practice set: Their own definition of economics on the board, then refine it against the scarcity definition
Give me a practice set on their own definition of economics on the board, then refine it a
Project task: Cutting headlines from BusinessDay, The Punch
Give me a practical task on cutting headlines from BusinessDay, The Punch from Nature of t
WAEC prep: Four differences between a free good and an economic good
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on four d
Spot my mistake: Why scarcity forces choice (4 marks), marked against the 0455 mark scheme wording
Show me a worked example on why scarcity forces choice (4 marks), marked against the 0455
Quiz: The meaning of opportunity cost
Set me a quick recall test on the meaning of opportunity cost at SS1 level. Five questions
Teach me: How a shift of the PPC represents economic growth or a loss of productive capacity
Be my SS1 Economics teacher for this one point: how a shift of the PPC represents economic