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Name:

Introduction to Economics
Complete the crossword puzzle below
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Created using the Crossword Maker on TheTeachersCorner.net


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2. Use market forces to determine the value of goods 1. Basic determinant of living standards
and services 3. He made general theories on Employment, Interest
6. A type of economic system wherein the production and Money
and distribution of commodities are owned and 4. The basic and central economic problem
controlled by the government 5. Considered the father of economics
9. A mechanism of distribution to address the needs 7. An economic system that is a combination of free
and wants of citizens in an environment with scarce market and command economy
resources 8. Refers to economics 'as it is'
11. An assumption used to analyze the relationship 10. The foregone value of what you give up when you
between two variables while other factors are make choices
unchanged 13. They are called the resource owners
12. It is the weighing of the costs and benefits of a 15. The Greek word for economics
decision 16. Branch of economics concerned with individual
14. Refers to economics 'as it should be' decision making
17. They produce goods and services
18. The concept of 'no free lunch' is related to this
19. They have a role to be a referee and actor
20. When the government prints too much money,
this goes up as well
21. Branch of economics that studies the behavior of
the economy as a whole
22. Unseen forces that help reach equilibrium

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