Basic Economics Super Quiz

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0.9 MB   |   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
Answer Key
Included
Teaching Duration
N/A

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Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz
Basic Economics Super Quiz