Micro Economics first term

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Across
  1. 2. A movement along the Supply Curve, increasing quantity in response to a rise in price
  2. 4. Abbreviation for Elasticity of Supply
  3. 6. Abbreviation for cross elasticity of demand
  4. 8. What we want to buy, in terms of price and quantity
  5. 11. The Economist who with wife Mary invented Supply and Demand curves
  6. 13. British Economist, wrote the General Theory of Employment Interest and Money
  7. 19. When at the prevailing price, Quantity supplied is less than quantity demanded
  8. 21. Each consumer in the market will usually be prepared this extra amount
  9. 23. The US name for a type of Economic Agent that produces all goods and services
  10. 27. When at the prevailing price, Quantity supplied is greater than quantity demanded
  11. 28. The type of diagram showing income flows around the economy
  12. 29. The maximum we can produce
  13. 30. Famous father of monetarist economics
  14. 31. Responsiveness of Quantity to a change in Income
  15. 32. Where you buy stocks and shares
  16. 33. The Cost of the next best alternative forgone
  17. 34. A good that can only be supplied by the Government, due to the Free Rider Effect
Down
  1. 1. The name for the Bank of England Interest Rate
  2. 3. An untestable opinion
  3. 4. Abbreviation for Price elasticity of demand
  4. 5. The Economics of Keynes
  5. 7. Tax Collected from Consumers by Producers and sent to the Government
  6. 9. Responsiveness of Quantity to a change in price
  7. 10. The Economics of Adam Smith
  8. 11. A medium of exchange
  9. 12. The return on monehy placed in a Bank
  10. 14. A movement along the Demand Curve, increasing quantity in response to a fall in price
  11. 15. The fundamental problem
  12. 16. A desciption of a testable hypothesis
  13. 17. What producers are delivering in the market
  14. 18. The Economics of Friedmann
  15. 20. What the Government may do to increase consumption
  16. 22. Karl Marx partner in writing the Communist Manifesto
  17. 24. Point of Balance of Supply and Demand
  18. 25. Allowing countries and firms to utilise their unique advantage
  19. 26. Adam Smith believed that all sane people reacted and thought using this principle