Economics Club Introductory Crossword

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Across
  1. 4. Outward graph of tradeoffs
  2. 5. The prod. dist. and consump. of resources
  3. 6. Change in total cost over change in quantity
  4. 9. _____ goods; tennis balls and tennis rackets, e.g.
  5. 12. Resources to produce cool and marketable goods and services
  6. 14. Limited resources
  7. 15. Higher price, lower want
  8. 17. Plethora
  9. 19. Survival of the fittest system; battle royale between individuals
  10. 20. _____economics; study of households and firms
  11. 21. “Sometimes sacrifices must be made”
  12. 22. Deficit
Down
  1. 1. _____ goods; Pepsi and Coke, e.g.
  2. 2. Model of households and firms
  3. 3. _____ cost
  4. 5. Balanced supply and demand
  5. 7. Economies found in North Korea and Cuba, e.g.
  6. 8. Absolute and comparative, e.g.
  7. 10. _____economics; study of economy wide phenomena
  8. 11. Expansion and recession
  9. 13. Of egos or prices, e.g.
  10. 16. Goal of egalitarian societies
  11. 18. Higher price, higher quantity