GRADE 10

ECONOMICS GROUP ACTIVITY

USING THE INFORMATION YOU RESEARCHED ON MACRO AND MICROECONOMICS,

DETERMINE WHICH BRANCH OF ECONOMICS EACH OF THE FOLLOWING WILL FALL:

1. How a business firm decides upon the amount it produces and the price it sets.
2. Changes in the economy's total output of goods and services over long periods of time.
3. Factors that explain changes in the unemployment rate over time.
4. The Central Bank’s policy decisions.
5. How a trade agreement between the United States and Mexico affects both nationsʹ
unemployment rates.
6. an individual deciding how to allocate the time he or she has for work and leisure
7. a small shoe factory deciding how much leather to purchase for the next quarter's
production need
8. a multinational company deciding where to relocate its world headquarter
9. Comparing inflation rates across countries.
10. How rent increases impact the supply of apartments.
11. How a tax rate increase will impact total production
12. The reasons why Kathy buys less orange juice.
13. The reasons for a decline in average prices.
14. The reasons why total employment decreases.
15. The effect of the government budget deficit on inflation.
16. How many more boxes of cookies will a consumer purchase if the price of cookies
decreases?
17. What effect would a cure for Mad Cow Disease have on the market for beef?
18. What is the future growth prospect for an economy?
19. How many workers should the owner of a business hire?
20. How a rise in the price of sugar affects the market for sodas.