Unit 1: Principles of Economics

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Across
  1. 2. type of policy that involves altering interest rates, borrowing and credit
  2. 7. Type of economics that focuses on the large scale
  3. 8. type of economy that focuses on survival
  4. 10. type of policy that involves government spending and taxes
Down
  1. 1. Type of economics that focuses on individuals
  2. 3. The study of how humans make decisions in the face of scarcity
  3. 4. Humans wants for goods and services exceeds what is available
  4. 5. type of economy where government controls everything
  5. 6. type of economy where decision making is decentralized
  6. 9. Smith Proposed that the economy was ran by an invisible hand