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Economics Alphabet Challenge

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Economics Alphabet Challenge

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About this activity

Guess the economics terms for each letter of the alphabet!

Created by

NOR SAMSINAR KAMSI
NOR SAMSINAR KAMSI
Malaysia

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Economics Alphabet Challenge
 

Economics Alphabet ChallengeOnline version

Guess the economics terms for each letter of the alphabet!

by NOR SAMSINAR KAMSI
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Starts with A

The practice of taking advantage of price differences in different markets.

Starts with B

A system of administration characterized by strict policies and procedures.

Starts with C

Assets used for the production of goods and services.

Starts with D

The desire and ability of consumers to purchase goods and services.

Starts with E

A measure of how much the quantity demanded or supplied changes in response to price changes.

Starts with F

Government policies regarding taxation and spending to influence the economy.

Starts with G

The total value of all goods and services produced within a country in a specific time period.

Starts with H

The skills, knowledge, and experience possessed by an individual or population.

Starts with I

The rate at which the general level of prices for goods and services rises.

Starts with J

A business arrangement in which two or more parties agree to pool their resources for a specific goal.

Starts with K

An economic theory advocating for increased government expenditures and lower taxes to stimulate demand.

Starts with L

The ease with which an asset can be converted into cash without affecting its market price.

Starts with M

A market structure where a single seller controls the entire supply of a product or service.

Starts with N

The total earnings of an individual or business after all expenses and taxes have been deducted.

Starts with O

The loss of potential gain from other alternatives when one alternative is chosen.

Starts with P

The responsiveness of the quantity demanded of a good to a change in its price.

Starts with Q

Limits set by governments on the amount of a specific product that can be imported or exported.

Starts with R

A period of economic decline characterized by falling GDP and rising unemployment.

Starts with S

The total amount of a product or service available for purchase at any given price.

Starts with T

The difference between a country's exports and imports of goods and services.

Starts with U

A measure of satisfaction or pleasure derived from consuming goods and services.

Starts with V

The degree of variation of a trading price series over time, indicating risk.

Starts with W

The study of how economic policies affect the well-being of individuals in society.

Starts with X

The lack of cost efficiency in a firm due to lack of competitive pressure.

Starts with Y

The income return on an investment, typically expressed as a percentage.

Starts with Z

A situation in which one participant's gain or loss is exactly balanced by the losses or gains of other participants.

 
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