New game
Download
SCORM download
To be used in an LMS (Moodle, Blackboard...)
Regular download
To be published on a website or blog.
Downloading games is an exclusive feature for users with an Academic Plan or a Commercial Plan.
Get your Academic Plan or your Commercial Plan now and start integrating your games into your LMS, website or blog.
Get Academic Plan
If you wish, you can download a demo game here and test its integration:
Share game
Unscramble Letters
Unscramble Letters

Econ 1-28A Spider-Man (labor market)

Integrate it into your platform
G. Classroom M. Teams
You can integrate the game into an LMS compatible with LTI 1.1 or LTI 1.3 such as Canvas, Moodle, or Blackboard. This way, the scores will be automatically saved into the platform’s gradebook.
Download
You have exceeded the maximum number of games you can integrate into Google Classroom with your current Plan.

To integrate as many games as you want in Google Classroom, you need an Academic Plan or a Commercial Plan.

Get Academic Plan
You have exceeded the maximum number of games you can integrate into Microsoft Teams with your current Plan.

To integrate as many games as you want in Microsoft Teams, you need an Academic Plan or a Commercial Plan.

Get Academic Plan
Downloading games is an exclusive feature for users with an Academic Plan or a Commercial Plan.

Get your Academic Plan or your Commercial Plan now and start integrating your games into your LMS, website or blog.

If you wish, you can download a demo game here and test its integration:

Get Academic Plan

Econ 1-28A Spider-Man (labor market)

Unscramble Letters

Played 0
Create copy

About this activity

E.4.1 Explain how markets underproduce public goods, and analyze the role of government to resolve those market failures.
E.4.2 Describe how the government taxes negative externalities (spillovers) and subsidizes positive externalities to resolve the inefficiencies they cause.
E.4.3 Describe the major revenue and expenditure categories in state and federal budgets and their respective proportions, and the challenges of achieving a balanced budget. (E)
E.4.4 Determine whether different types of taxes (e.g., income tax, sales tax, and Federal Income Contributions Act [FICA] tax including Social Security and Medicare) are progressive, proportional, or regressive. (E)
GE.7.1 Define and explain fiscal policy and its tools. (E)
GE.7.2 Define and explain monetary policy and its tools. (E)
GE.7.3 Analyze how the government uses fiscal policy to promote price stability, full employment, and economic growth.
GE.7.4 Explain how the use of fiscal policy affects budget deficits or surpluses and the national debt.
GE.7.5 Analyze how the Federal Reserve uses monetary policy to promote price stability, full employment, and economic growth. (E)

Created by

Lance Hiles
Lance Hiles
United States

Download the paper version to play

Make your own free game from our game creator
Compete against your friends to see who gets the best score in this game
Make challenge

Top Games

 %
Anonymous
Anonymous
 %
%
%
You have exceeded the maximum number of games you can print with your current Plan.

To print as many games as you want, you need an Academic Plan or a Commercial Plan.

Get Academic Plan
Print your game
Econ 1-28A Spider-Man (labor market)
 

Unscramble Letters

Econ 1-28A Spider-Man (labor market)Online version

E.4.1 Explain how markets underproduce public goods, and analyze the role of government to resolve those market failures. E.4.2 Describe how the government taxes negative externalities (spillovers) and subsidizes positive externalities to resolve the inefficiencies they cause. E.4.3 Describe the major revenue and expenditure categories in state and federal budgets and their respective proportions, and the challenges of achieving a balanced budget. (E) E.4.4 Determine whether different types of taxes (e.g., income tax, sales tax, and Federal Income Contributions Act [FICA] tax including Social Security and Medicare) are progressive, proportional, or regressive. (E) GE.7.1 Define and explain fiscal policy and its tools. (E) GE.7.2 Define and explain monetary policy and its tools. (E) GE.7.3 Analyze how the government uses fiscal policy to promote price stability, full employment, and economic growth. GE.7.4 Explain how the use of fiscal policy affects budget deficits or surpluses and the national debt. GE.7.5 Analyze how the Federal Reserve uses monetary policy to promote price stability, full employment, and economic growth. (E)

by Lance Hiles
1

On the labor market graph for supply & demand, the place where supply meets demand is the equilibrium wage. This is where employer & worker are both happy. This is a ____ ____ .

  
  
2

Today's lesson was about Spider-Man learning a carer isn't everything in life. Your dream job might make you ____ , but other things do this too, like family & friends. If the dream jobs interferes with family & friends, then you won't be ____ .

3

To make more ____ McDonalds cuts wages & stops offering a fair wage. Teenagers are no longer compensated for their opportunity costs (hanging out), so they quit McDonalds & work for Burger King. McDonalds is now making no ____ .

4

Some assume employers are robber barons, who have all the power when ____ wages. However, employers need labor just as much as workers need a paycheck. If the employer does not pay a fair wage, the workers quits & finds another job.

5

Marginal Revenue Product is the additional revenue a company makes when they hire an employee. Spider-Man makes $20 an hour because he makes 5 flowers an hour, worth $4 each. To make more than $20, he needs to be more ____ , making 7 an hour.

6

Most dream jobs make you feel good while you're doing them, so those jobs attract a lot of workers. And when there is a lot of something, its value drops. So if you get your dream job, you might not be ____ ____ .

  
  
7

When a company decides to hire another worker, they calculate how much the worker costs (wages/insurance) & how much the worker increases revenue (goods produced). This additional revenue produced by the worker is called ____ ____ product.

  
  
8

Most people are unskilled. And when there is a lot of something, its value drops, which is why unskilled workers make minimum wage. Thus, if you go to ____ for 4 years & go into debt, make sure you learn some skills while you are there.

9

When you start working for money, you are exchanging money for a portion of your life. This is a trade-off between ____ & labor.

10

Today's lesson was about assessing the ____ costs of a career. Spider-Man learn almost had his dream job, which would have made him happy. But Aunt May & his friends make him happy too. The ____ cost is too great.

11

Most people are unskilled. And when there is a lot of something, its value drops, which is why unskilled workers make minimum wage. Thus, if you get an internship, make sure you learn ____ ____ while you are there.

  
  
12

This movie is about Spider-Man entering the ____ ____ . Like many teenagers, he wants to drop out of school & his dream job.

  
  
13

Spider-Man is about microeconomics, workers & businesses on a small scale. Even the villain is a small, local contractor, who loses profit to a government policy. So he starts making ____ , which is a more profitable market.

14

Even the villain's story is microeconomics. He's not a gigantic alien or a robotic supervillain. He's a blue-collar ____ that loses his business because of bureaucratic red tape.

15

Many states have laws for internships, so the intern receives on-the-job training & increases their productivity. Internships are not so businesses have free labor, which would make them ____ .

16

Most people are unskilled. And when there is a lot of something, its value drops, which is why unskilled workers make minimum wage. Thus, when Spider-Man gets his ____ with Tony Stark (suit, training), he needs to learn some skills.

17

Today's lesson was about Spider-Man learning that his dream job might make him happy, but other things do too. And if the dream job interferes with family & friends, he won't be happy. He needed to find a balance between ____ and ____ .

  
  
18

The reasoning for all ____ ____ laws: Most people are unskilled, and when there is a lot of something, its value drops, which is why unskilled workers make [same]. But even though the worker is unskilled, this standard of living is too low

  
  
19

The Spider-Man movie is similar to microeconomics. The movie tells the story of a ____ ____ character, a single person. And Microeconomics is the study [same] characters, individual entities like markets and businesses.

  
  
20

Any job that pays minimum wage requires ____ labor. It could be a job that people like doing, so they don't mind getting paid less. But either way, what kind of standard of living does someone have, if they only earn minimum wage?

 
Are you sure you want to leave the page?

If you leave the page, you will lose your game progress.