162 prompts matching "Differentiate real from nominal wage, calculate a real wage from CPI data"
WAEC prep: Three causes of excess demand in a market
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on three
Let me explain: Joint, competitive, derived and composite demand, compared
Let me talk you through joint, competitive, derived and composite demand, compared from th
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
Teach me: This is exactly the 6-mark diagram question on Paper 2
I am an SS1 student studying Changes in Demand and Supply in Economics. Explain this is ex
Project task: Drawing four diagrams, one per shift case, correctly labelled D1/D2 or S1/S2
Give me a practical task on drawing four diagrams, one per shift case, correctly labelled
WAEC prep: The difference between a shift in demand and a movement along the demand curve
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on the di
Spot my mistake: The relationship between PED and total revenue using a worked revenue table
Give me a wrong or muddled explanation of the relationship between PED and total revenue u
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
Quiz: The calculation appears on Paper 1 and the revenue implication on Paper 2
Quiz me on the calculation appears on Paper 1 and the revenue implication on Paper 2, from
WAEC prep: Whether a Nigerian bus operator should raise fares
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on whethe
Project task: With six groups: each produces a wall chart for one case
Give me a practical task on with six groups: each produces a wall chart for one case from
Let me explain: The causes of a change in price in a market as a shift in demand or a shift in supply
Let me talk you through the causes of a change in price in a market as a shift in demand o
Spot my mistake: The consequences of a price change for consumers, producers and workers in that market
Write a short SS1 Economics answer about the consequences of a price change for consumers,
Teach me: Tracing the effects of a price change through related markets
I am an SS1 student studying The Price Mechanism at Work in Economics. Explain tracing the
WAEC prep: Drawing two linked diagrams showing a shift in one market
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on drawin
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
Teach me: Why total surplus is greatest at the market equilibrium
Be my SS1 Economics teacher for this one point: why total surplus is greatest at the marke
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
WAEC prep: What happens to consumer surplus when supply increases
Act as my WAEC Economics examiner. I am in SS1. Set me an exam-standard question on what h
Quiz: Four advantages and four disadvantages of public enterprises in Nigeria
Quiz me on four advantages and four disadvantages of public enterprises in Nigeria, from t