fundamentals of economics  Crossword

a steady long term increase in real GDP
the loss of potential gain from other alternatives when one alternative is chosen
goods used to produce more goods
a person who uses a good or service
another name for a centrally planned govt.
there is no such thing as a free lunch
give up one benefit to gain another
the rivalry among sellers trying to achieve such goals as increasing profits
a general increase in prices across an economy
a risk-taker in search of profits
a income that does not increase even when prices go up
study of how people satisfy unlimited wants through careful use of realtive scarce resource
physical objects that somone produces
the power of consumers to decide what gets producded
a financial gain
economic system that relies on habit
any government system that provides monetary assistance to people with an inadequate or no income.
gross domestic product
how much it is worth in money
the accumulation of products that are tangible, scarce, useful, and transferable from one person to another
mental/physical work or production
an economy in which prices and wages are determined mainly by supply and demand

Microeconomics Crossword

Microeconomics Crossword

A diagram used to represent the monetary transactions in an economy.
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector.
A type of business entity that's owned and run by one person.
A type of business owned or run by two owners.
A financial gain.
A company or group of people authorized to act as single entity.
A state of limited competition, in which a market is shared by a small number of producers.
Only one market gives services
A type of market that sells similar products.
The part of economics concerned with single factors and the effects of individual decisions.
A market where a business can go and purchase resources to produce goods and services
Buyers will exchange with sellers when they want to purchase goods or services from sellers.
All else equal, an increase n price results in an increase in quantity supplied
All other factors being equal, as the price of a good or service increase
Price of good or service of which quantity supplied is equal to quantity demand
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price.
A market that has a broad range of cometitors who are selling identical products
Something that motivates or encourages someone to do something
An excess of production

Supply and Demand Crossword

Supply and Demand Crossword

The amount of goods available.
When producers offer more of a good as its price increases.
The amount that a supplier is willing and able to supply at a specific price.
A cost that rices or falls depending on the quantity produced.
A cost that does not change.
A tax on the production or sale of a good.
The sum of fixed costs plus variable costs.
The cost of producing one more unit of a good.
The total cost divided by the quantity produced.
The cost of operating a facility such as a factory or a store.
The desire to own something and the ability to pay for it.
To buy more of a good when its price is lower.
when consumers react to an increase in a goods price by consuming less.
The change in consumption that results when a price increases causes real income to decline.
A table that lists the quantity of a good a person will buy at various prices in a market.
A table that lists the quantity of a good all consumers in a market will buy at various prices.
a graphic representation of a demand schedule.
A good that consumers demand more when their incomes increases.
A good that consumers demand less of what their incomes increase.
The statistical characteristics of population and population segments.
A measure of how consumers respond to price change.
The total amount of money a company receives by selling goods or services.

SSEF4,5,6 vocabulary Crossword

SSEF4,5,6 vocabulary  Crossword

Economic system based on private ownership of the means of operation for profit
Economic system in which the central government makes all decisions on the production and consumption of goods and services
The struggle among producers for the dollar of consumers, the rivalry Long sellers to attract consumers while lowering the cost
Person or over not Seshan that uses economic services f person or over notation that uses economic services or commoditives
Goods that are ultimate rather than use in production of another good
The removal of some government controls over at market
Economic systemsThe method used by S a society to produce and distribute goods and services
Using resources in such a way as to Max the production of goods and services
The power of the government to take private property and convert it to public use
Concept or idea of fairness in economics
Freedom to prosper within a country without the intervention from the government or the economic author
Increase the amount of the population over period of time
The act of redirecting resources from being consumed today so that they may create benefits in the future, the use of assets to earn the income or profit
Economic systems in which decisions on production and consumption of goods and services are based on voluntary exchange and markets
Entitlement program that benefits low income families, some people with disabilities and elderly people in nursing homes
National health insurance program that helps pay for health care for people over the age of 65, or who have certain disabilities
Economic system that combines the free market with very limited government
The cost that is suffered by a third-party as a result of an economic transaction
License that gives a inventor of a new product the exclusive right to sell it for a certain period of time
Occurs when the consumption of the production of a good calls a benefit to a third-party
The sale or transfer of state owned businesses to an individual
Value of an output produced
The force that encourage people and organizations to improve their material well-being
Right theoretical search showing in force constructs in the economics for determining how a resource or economic good is used and owned
Programs and Stabley S-t by the US government to provide housing for low income families, disabled people, and the elderly
The business of supplying a common the or ser The business of supplying a commodity or service. Service rendered in public interesr
Financial instrument that represents an ownership of possession in a publicly Financial instrument that represents an ownership of possession in a publicly trade corporation, I created your relationship with the government body, right to ownership as a representative

GDP - Gross Domestic Product Crossword

GDP - Gross Domestic Product  Crossword

Within a country
goods and services sold
Spending by consumers. Accounts for 2/3 of our GDP
Assist in industries that benefit the public but might not survive or remain stable if operated for a profit without __________
Generates jobs incomes, goods , and services for its citizens
Jobs, incomes are lost. Amounts of goods and services produced shrink
This type of GDP = gross domestic product, current prices, U.S. Dollars
bases on ______ how much the same good cost in each country. GDP per capita - total GDP divided by population
Nearly double beer sales, equal to domestic pharmaceutical manufacturing, & approaching wholesome consumer electronics
A general increases in prices & fall in the purchasing value of money
Allow analysis of economic performance & prediction of future performance
_________ investment is the total amount of spending by business on factory & equipment
Measures total value of FINAL goods & services produced in a country
The _____ of a nation's economy is the total value of the spending on goods & services in the nation in a year

economic indicators Crossword

economic indicators  Crossword

The different phases of growth that an economy experiences over time.
How the people who run companies feel about the economic aspects of their organisations' future
how good consumers feel about their economic future
a prolonged recession in economic activity
increase amount of national growth that has occurred over time
a statistic to measure the health of an economy e.g: GDP
a measure of economic activity in a country
The cost of borrowing money or earned on savings
a sustained increase in the prices of goods and services over time
when the manufacturing costs less then what its sold for
the process of making goods and services
The rate of output per unit of input.
a period of time with low or negative economic growth
the percentage of income saved by individuals or households.
someone without a job whilst looking for one
the number of (age15+) people without a job
people who are working but wish to work more hours then they do now.

Economics Chapter 4 Crossword

Economics Chapter 4 Crossword

Describes the various amounts of a product that someone is willing and able to buy over a range of prices
a listing that shows the quantity demanded at all possible prices.
Price goes up-Demand goes Down, Price goes down-Demand goes up.
graph showing the quantity demanded at every possible price
extra usefulness or satisfaction
movement along the demand curve is called a ______________ in quantity demanded
when consumers alter their quantity demanded based their incomes not buying as much.
when the demand curve shifts to the right or left
goods used in place of on one another
goods that are used together
measures the responsiveness a consumer reacts to a price change
Goods that you will keep buying despite a price increase has ____________ demand

Economics Chapter 2 Vocabulary Part 2 Crossword

Economics Chapter 2 Vocabulary Part 2 Crossword

one's own personal gain
the market in which households purchase the goods and services that firms produce
the financial gain made in a transaction
market in which firms purchase the factors of production from households
a person or group of people living in the same residence
the concentration of the productive efforts of individuals and firms on a limited number of activities
level of economic prosperity
government programs that protect people experiencing unfavorable economic conditions
the income people receive for supplying factors of production, such as land, labor or capital
mixed economy, leans towards free market side.
mixed economy, leans towards the centrally planned side
(1723-1790) Scottish philosopher. "wealth of nations" advocated the idea of laissez faire; or government not involving themselves in the economy.

Economics Supply and Demand Crossword

Economics Supply and Demand Crossword

a move along a demand curve to the left
the amount a customer is willing to pay for a good
given by government to encourage more production of a good and lower price
determinant of supply
quantity a producer is willing and able to produce at a given price in a given period
this occurs when firms leave the industry
customers become concerned about the production effects of a product on the ...........
this occurs as a result of improved productivity
the amount a person is willing and able to pay for a good
government imposes an ........ ... which is then used to educate people about the dangers of the good
price achieved in market increases (from producer's point of view)
tastes shift towards the good concerned
mathematical relationship between price and quantity demanded
determinant that increases demand when it increases
type of good when increase in price of one good (A) causes demand for another good (B) to increase
should interest rates on credit cards increase, demand for holidays .....
a firm stops paying overtime leading to lowered ..... .. ..........
coffee with cream is example of these goods
customers buy more of these goods when their income decreases
innovation in computers - supply determinant

Economics Crossword Puzzle

Economics Crossword Puzzle

the study of how people seek to satisfy their needs and wants by making choices
physical objects such as clothes or shoes
actions or activities that one person performs for another
the method used by a society to produce and distribute goods and services
the income people receive for supplying factors of production, such as land, labor, or capital
economic system in which decisions on production and consumption of goods and services are based on voluntary exchange in markets
the study of the behavior and decision making of entire economies
the study of the economic behavior and decision making of small units, such as individuals, families, and businesses.
government aid to the poor
the desire to own something and the ability to pay for it
the change in consumption resulting from a change in real income
a good that consumers demand less of when their incomes increase
the amount of goods available
tendency of suppliers to offer more of a good at a higher price
a factor that can change
the point at which quantity demanded and quantity supplied are equal
a maximum price that can be legally charged for a good or service
a minimum price for a good or service
a market dominated by a single seller
the right to sell a good or service within an exclusive market
a government-issued right to operate a business
a business owned and managed by a single individual
the legally bound obligation to pay debts
a business organization owned by two or more persons who agree on a specific division of responsibilities and profits
all nonmilitary people who are employed or unemployed
labor that requires specialized skills and training
labor that requires advanced skills and education
objects that have value in themselves and that are also used as money
objects that have value because the holder can exchange them for something else of value
an institution for receiving, keeping, and lending money
a required payment to a local, state, or national government
income received by a government from taxes and nontax sources
Old-age, survivors, and disability insurance (OASDI)
the use of government spending and revenue collection to influence the economy
fiscal policies, like higher spending and tax cuts, that encourage economic growth
fiscal policies, like lower spending and higher taxes, that reduce economic growth

Entrepreneurship Vocab Review Crossword

Entrepreneurship Vocab Review Crossword

Person who works for someone else
Person who provides a product or service for someone else for money
Process of running a business of one's own
Things used to create products or services
Person who is a customer
Business that makes the products it sells
Money made from providing a good or service
Costs for supplies used in business
Result when income is greater than expenses
Amount added to the cost to determine selling price
Federal, state, or local government tax charged on goods
Creative problem-solving method that involves coming up with a large number of fresh ideas
List of things to be discussed or done in a meeting
Amount subtracted for the retail price to determine the selling price
Making choices and satisfying the wants and needs of consumers
Occurs because people's wants and needs are unlimited while the resources needed to produce goods and services are limited
How much of a good or service a producer is willing and able to produce at different prices
Costs that must be paid no meter how much of a good or service is produced
An individual's need or desire for a product or service at a given price
Value of the next best alternative
Costs that go up and down depending not he quantity of the good or serve produced
Products and services that are brought in from another country to be sold
Expenses that a business has every month
Financial statements based on estimates
Item of value owned by a business
One-time only expenses that are paid to open a business
Amount of sales that must be made to cover all of the costs of a business