Shifts in supply Private sector Variable costs Opportunity costs 3 economic questions (what, how, for whom?) Product market Production costs demand equilibrium disequilibrium Shifts in demand subsidy Increasing or decreasing marginal returns Fixed costs Physical capital shortage differentiation Public sector trade- offs oligopoly collusion Factor market specialization Barrier to entry Human capital Mixed economy labor Factors of production entrepreneur supply elasticity Price fixing rationing Law of increasing costs Marginal product of labor surplus Government intervention Start- up costs Land self- interest regulation Price war competition Thinking at the margin Command economy Shifts in supply Private sector Variable costs Opportunity costs 3 economic questions (what, how, for whom?) Product market Production costs demand equilibrium disequilibrium Shifts in demand subsidy Increasing or decreasing marginal returns Fixed costs Physical capital shortage differentiation Public sector trade- offs oligopoly collusion Factor market specialization Barrier to entry Human capital Mixed economy labor Factors of production entrepreneur supply elasticity Price fixing rationing Law of increasing costs Marginal product of labor surplus Government intervention Start- up costs Land self- interest regulation Price war competition Thinking at the margin Command economy
(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. 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.
Shifts in supply
Private sector
Variable costs
Opportunity costs
3 economic questions (what, how, for whom?)
Product market
Production costs
demand
equilibrium
disequilibrium
Shifts in demand
subsidy
Increasing or decreasing marginal returns
Fixed costs
Physical capital
shortage
differentiation
Public sector
trade-offs
oligopoly
collusion
Factor market
specialization
Barrier to entry
Human capital
Mixed economy
labor
Factors of production
entrepreneur
supply
elasticity
Price fixing
rationing
Law of increasing costs
Marginal product of labor
surplus
Government intervention
Start-up costs
Land
self-interest
regulation
Price war
competition
Thinking at the margin
Command economy