Experience/educationof workersaccountingcostopportunitycostthe value ofthe highestvaluedalternative toa decisionWorkers/"L"TheInvisibleHandthe max level ofwhat a countrycan producewith its factorsof productionstudy ofnational/internationallevel decisionsbenefit ofincreasingan activityby 1 unitRationalpeoplethink atthe marginPeoplerespondtoincentivesEconomicsLand,Labor, &CapitalPricesincrease whengovernmentprints moremoneycost ofincreasingan activityby 1 unitstatementabout whatought tobeHold allvariablesconstantexcept the twoof intereststatementthat canbe verifiedas trueMarkets areusually goodways toorganizeeconomicactivityEquipmentused inproduction/"K"Trademakeseveryonebetter offActualland/naturalresources/"T"PeopleFacetrade offsstudy ofindividual/firmleveldecisionsGovernmentcan sometimesimprovemarketoutcomesthere is a shortrun tradeoffbetweeninflation andunemployment$amountpaidCountry'sstandard ofliving dependson ability toproduceExperience/educationof workersaccountingcostopportunitycostthe value ofthe highestvaluedalternative toa decisionWorkers/"L"TheInvisibleHandthe max level ofwhat a countrycan producewith its factorsof productionstudy ofnational/internationallevel decisionsbenefit ofincreasingan activityby 1 unitRationalpeoplethink atthe marginPeoplerespondtoincentivesEconomicsLand,Labor, &CapitalPricesincrease whengovernmentprints moremoneycost ofincreasingan activityby 1 unitstatementabout whatought tobeHold allvariablesconstantexcept the twoof intereststatementthat canbe verifiedas trueMarkets areusually goodways toorganizeeconomicactivityEquipmentused inproduction/"K"Trademakeseveryonebetter offActualland/naturalresources/"T"PeopleFacetrade offsstudy ofindividual/firmleveldecisionsGovernmentcan sometimesimprovemarketoutcomesthere is a shortrun tradeoffbetweeninflation andunemployment$amountpaidCountry'sstandard ofliving dependson ability toproduce

ECO Intro - Call List

(Print) Use this randomly generated list as your call list when playing the game. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
N
2
I
3
O
4
O
5
G
6
I
7
G
8
O
9
N
10
B
11
B
12
I
13
I
14
G
15
I
16
N
17
B
18
N
19
B
20
I
21
G
22
G
23
O
24
O
25
N
26
B
27
B
  1. N-Experience/education of workers
  2. I-accounting cost opportunity cost
  3. O-the value of the highest valued alternative to a decision
  4. O-Workers/"L"
  5. G-The Invisible Hand
  6. I-the max level of what a country can produce with its factors of production
  7. G-study of national/international level decisions
  8. O-benefit of increasing an activity by 1 unit
  9. N-Rational people think at the margin
  10. B-People respond to incentives
  11. B-Economics
  12. I-Land, Labor, & Capital
  13. I-Prices increase when government prints more money
  14. G-cost of increasing an activity by 1 unit
  15. I-statement about what ought to be
  16. N-Hold all variables constant except the two of interest
  17. B-statement that can be verified as true
  18. N-Markets are usually good ways to organize economic activity
  19. B-Equipment used in production/ "K"
  20. I-Trade makes everyone better off
  21. G-Actual land/natural resources/ "T"
  22. G-People Face trade offs
  23. O-study of individual/firm level decisions
  24. O-Government can sometimes improve market outcomes
  25. N-there is a short run tradeoff between inflation and unemployment
  26. B-$ amount paid
  27. B-Country's standard of living depends on ability to produce