TariffComparativeadvantageTotalsurplusConstantreturn toscaleFirst degreepricediscriminationDiminishingMarginalProductSeconddegree PricediscriminationConditionforimportinggoodsLarger taxburden onbuyersExplicitcostSunkcostExitPriceConsumerSurplusShift ofSupplycurveShift ofdemandcurveBindingpricefloorEconomiesof ScalePerfectlycompetitivemarketOpportunitycostAccountingcostsNonbindingpricecelilingAbsoluteAdvantageDeadweightLossMonopolymarketLarger taxburden onsuppliersShutDownpriceInelasticdemandTariffComparativeadvantageTotalsurplusConstantreturn toscaleFirst degreepricediscriminationDiminishingMarginalProductSeconddegree PricediscriminationConditionforimportinggoodsLarger taxburden onbuyersExplicitcostSunkcostExitPriceConsumerSurplusShift ofSupplycurveShift ofdemandcurveBindingpricefloorEconomiesof ScalePerfectlycompetitivemarketOpportunitycostAccountingcostsNonbindingpricecelilingAbsoluteAdvantageDeadweightLossMonopolymarketLarger taxburden onsuppliersShutDownpriceInelasticdemand

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