DeadweightLossTariffShutDownpriceAbsoluteAdvantageInelasticdemandConstantreturn toscaleDiminishingMarginalProductOpportunitycostShift ofdemandcurveLarger taxburden onbuyersExitPriceAccountingcostsNonbindingpricecelilingSeconddegree PricediscriminationMonopolymarketLarger taxburden onsuppliersEconomiesof ScaleSunkcostConditionforimportinggoodsBindingpricefloorShift ofSupplycurveFirst degreepricediscriminationExplicitcostPerfectlycompetitivemarketTotalsurplusComparativeadvantageConsumerSurplusDeadweightLossTariffShutDownpriceAbsoluteAdvantageInelasticdemandConstantreturn toscaleDiminishingMarginalProductOpportunitycostShift ofdemandcurveLarger taxburden onbuyersExitPriceAccountingcostsNonbindingpricecelilingSeconddegree PricediscriminationMonopolymarketLarger taxburden onsuppliersEconomiesof ScaleSunkcostConditionforimportinggoodsBindingpricefloorShift ofSupplycurveFirst degreepricediscriminationExplicitcostPerfectlycompetitivemarketTotalsurplusComparativeadvantageConsumerSurplus

ECON 1001 Review - Call List

(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.


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  1. Deadweight Loss
  2. Tariff
  3. Shut Down price
  4. Absolute Advantage
  5. Inelastic demand
  6. Constant return to scale
  7. Diminishing Marginal Product
  8. Opportunity cost
  9. Shift of demand curve
  10. Larger tax burden on buyers
  11. Exit Price
  12. Accounting costs
  13. Non binding price celiling
  14. Second degree Price discrimination
  15. Monopoly market
  16. Larger tax burden on suppliers
  17. Economies of Scale
  18. Sunk cost
  19. Condition for importing goods
  20. Binding price floor
  21. Shift of Supply curve
  22. First degree price discrimination
  23. Explicit cost
  24. Perfectly competitive market
  25. Total surplus
  26. Comparative advantage
  27. Consumer Surplus