Basic EconomicsOnline version Basic economic concepts. Economía bilingüe 4º ESO. by Mavi Palacios García A B C D E F G H I K L M N O P R S T U V W Y Empieza por A Scottish economist and philosopher regarded as father of Economics Empieza por B How to allocate scarce resources to satisfy unlimited needs and wants is the......economic problem Empieza por C Opposite of benefits Empieza por D Households, firms and governments are the main.........-makers Empieza por E This adjective means: connected with economics Empieza por F These kind of goods are unlimited in supply. Empieza por G One of the three main economic agents Empieza por H Another decision-makers in an economy. Empieza por I The kind of behaviour from households, firms and governments Microeconomics studies. Contiene la K The word economics comes from this Greek word that means to administrate a household. Empieza por L Adam Smith´s work was the first step of ........ Empieza por M This kind of analysis considers the additional costs and benefits of a decision already taken. Empieza por N Basic requirement for survival, including food, clothing and shelter. Empieza por O Benefit, measured or not in money, lost when one decision is taken over another. Empieza por P When economics just describes reallity it is called.......economics Empieza por R An incentive can consist on a punishment or a ..... Empieza por S A cost that has already occurred and can ́t be recovered. Contiene la T Services can´t be touched, so they are...... Empieza por U Economic scarcity affects all us, therefore it is........ Contiene la V To fulfil our needs and wants there are goods, and ........ Empieza por W Something we would like to have but is not necessary for survival. Contiene la Y The feeling of lack of resources in relation with people ́s needs and wants.
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