AP Macroeconomics Vocabulary Crossword

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Across
  1. 3. The branch of economics that studies how people make decisions and how those decisions interact
  2. 4. The advantage conferred by the ability to produce more of a good or service with a given amount of time and resources
  3. 5. The study of scarcity and choice
  4. 8. The branch of economic analysis that is concerned with the overall ups and downs in the economy
  5. 9. The real cost of an item; what you must give in order to get it
  6. 10. The branch of economic anaylsis that makes prescriptions about the way the economy should work
Down
  1. 1. The branch of economic analysis that describes the way the economy actually works
  2. 2. The advantage conferred if the opportunity cost of producing the good or service is lower for another producer
  3. 6. In short supply; there is not enough of the resource
  4. 7. Illustrates the trade-offs facing in an economy that produces only two goods