Introduction to Economics and the Economic Problem flashcards
481 flashcard decks by 438 users · Page 1 of 13
This page gathers over 400 community-made flashcard decks on Introduction to Economics and the Economic Problem, covering scarcity, choice and economic terms. Most are at school level, with university-level material too. School students, university students and professional candidates can practise key ideas, while teachers can find material to use. Pick a deck to get started.
Select topic
- Economics as a Social Science45
- Microeconomics and Macroeconomics48
- Ten Principles of Economics35
- Needs, Wants, Goods and Services29
- Scarcity, Choice and Opportunity Cost240
- Factors of Production and Specialisation105
- Production Possibilities Frontier55
- Economic Systems50
- Economic Activity and the Circular Flow of Income44
- Supply and Demand16
Flashcards
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174 cardsFTC1 Assessment Because human wants are insatiable and unlimited while available resources are limited, people are said to ...
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88 cardsecon chapter 1 - 4 what is economics?
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40 cardsEconomics - unit 1 What is the basic economic problem and what is the cause?
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26 cardsThe Basic Economic Ideas and Resource Allocation 1 What is Economics?
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63 cardsEconomics Cie
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38 cardsSection 1 - Nature of Economics
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25 cardsKey Terms IB Economics IB Economics key terms and definitions
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22 cardsECON100 - Chapter 1 Foundations and Models
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90 cardsChapter 1 Economics What is Economics?
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110 cardsEconomics Key terms
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74 cardsEconomics Definitions What is a need?
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98 cardsEcon Ch 1-5 What is Economics?
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54 cardsMicro Econ exam 1.2 Why does scarcity exist?
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55 cards1 ~ The Economic Problem What is the ceteris paribus assumption?
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38 cardschap 2 IB
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38 cardsEconomics & Business Test Define opportunity cost
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23 cardsBasic economic problem
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28 cardseconomics beginning special definition
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26 cardsYear 1 Economics ALL KEY WORDS All the keywords from the textbook AQA a-level Economics for a-level year 1 and AS by Ray Powell and James ...
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19 cardsIntroduction to Microeconomics and The Economy What is economics?
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19 cardsIntroduction To Business Flashcards on Introduction To Business, created by Vilene Tee Wei Ling on 12/11/2019.
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26 cardsDefinitions 1.1 Scarcity, choice and potential conflicts 1.1.1 The economic problem 1.1.2 Business objectives 1.1.3 Stakeholders (economic agents) and their objectives
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32 cardsChapter 1 Vocabulary- Micro a group of buyers and sellers of a good or service and the institution or arrangement by which they come to...
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20 cardsfoundation of economics key definitions and concepts considered in the foundation of economics
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26 cardsChapter 18 & 19 Vocabulary 18 & 19 Vocab.
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21 cardsMacroecon Exam 1 Why does scarcity exist
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14 cardsChapter 2 Theory and observation
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21 cardsEconomics Keywords Chapter 1. Flash cards of all of the keywords from AQA Economics chapter 1.
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25 cardsEconomics Flashcards Economics
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8 cardsThe 10 Lessons from Economics Lesson 1: People face trade-offs
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17 cardsCH 2 ECON Scarcity a
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30 cardsEconomics
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23 cardsChapter 1&2 Define: Opportunity Cost
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27 cardsEconomic Chapter 1
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20 cardsBasic Economic problem (unit 1) What is the basic economic problem?
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25 cardsTen Principles of Economics Vocabulary and the 10 Principles of Microeconomics
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14 cardsThe Basics Week 1- PART A
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21 cardsSocial Science Key words
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21 cardsThe Economic Problem (Ch1) Key Vocab
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20 cardsAP Economics: Basic Definitions
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GoConqr OriginalIntroduction to Economics and the Economic Problem flashcards
These decks offer short prompts and definitions on topics including scarcity, resources, goods and services. Key Terms IB Economics covers terms such as microeconomics, macroeconomics and opportunity cost. Another deck asks questions about the basic economic problem and its consequences.
How to revise with a deck
Start with Key Terms IB Economics if you want to review definitions across several topics. Work through the terms, then return to any you cannot yet explain in your own words. For question-led practice, try the deck on the basic economic problem and everyday examples.
You can also compare terms across decks. If you want to see how ideas connect, switch to a mind map on the unit page. When you are ready to check your recall in another format, use a quiz there. Choose a set of cards that matches the topic you are practising.
Frequently asked questions
Which flashcard deck is a useful place to start?
Key Terms IB Economics is a useful starting point for reviewing definitions. It includes microeconomics, macroeconomics, scarcity and opportunity cost. If you prefer questions to definitions, look for the deck that asks about the basic economic problem, its cause and everyday examples.
Are these flashcards free to use?
Yes. Every resource listed here is free to open and study, with no account needed. A free account lets you save quiz scores and make your own quizzes, mind maps, flashcards and notes. The listed resources were made by GoConqr users.
Which levels and exams do the decks suit?
Most resources are at school level, with university-level material also available. Some decks mention exams, including IB Economics and AP Economics. Look at the terms and prompts in a deck to see whether it matches the topic and level you want to practise.