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Basic Economics

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Basic Economics

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About this activity

Basic economic concepts.
Economía bilingüe 4º ESO.

Created by

Mavi Palacios García
Mavi Palacios García
Spain

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Basic Economics
 

Basic EconomicsOnline version

Basic economic concepts. Economía bilingüe 4º ESO.

by Mavi Palacios García
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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.

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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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