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Basic Economics Super Quiz

Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Grade Levels
Product Rating
4.0
9 ratings
File Type

PDF (Acrobat) Document File

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921 KB|13 pages
Product Description
This 30-question assessment evaluates students' knowledge of basic economics concepts as well as their ability to apply them to hypothetical situations. The quiz could be used as a cumulative assessment following a unit on basic economics or as a tool to assess prior knowledge before exploring economic concepts further. The format of the quiz is multiple choice, creation of a line graph, and short answer. Study guide and key are included.

Concepts and skills covered on this quiz include the following:
-choices
-price
-scarcity
-allocation
-command economy
-first-come-first-served
-rationing
-lottery
-market economy
-resources (natural, capital, and human)
-entrepreneur
-specialization
-interdependency
-trade
-opportunity cost
-competition
-monopoly
-production
-consumption
-division of labor
-basic decisions for starting a business
-law of supply
-law of demand
-creating line graphs

Your questions are welcome, and your feedback is appreciated!

Total Pages
13 pages
Answer Key
Included
Teaching Duration
N/A
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