Economics | Baamboozle - Baamboozle | The Most Fun Classroom Games!

Team 1
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Team 2
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Teams

Name

Score

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15

Economic policy which emphasize consumption

Consumerism

Oops!

Check

Okay!

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15

Under utilization of any factor of production most commonly referred to labour. If

Unemployment

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Okay!

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15

A type of government support for the citizen

Welfare

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15

The point at which qualuty demanded and quantity demanded are equal and both consumer amd and producer are satisfied

Equilibrium

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15

GDP is made up of two components. What are they?

Goods and services

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Okay!

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15

An entity either a person or firm which suppkies goods or services

Producer

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15

Goods that are bought and used together.

Complementary goods

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15

What affects prices in a country?

Inflation

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15

The total supply of goods and services in an economy

Agregate supply

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thief

Give points!

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15

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25

seesaw

Swap points!

Okay!

rocket

Go to first place!

Okay!

thief

Give points!

5

10

15

20

25

baam

Lose 15 points!

Oops!

shark

Other team loses 20 points!

Okay!

rocket

Go to first place!

Okay!

baam

Lose 25 points!

Oops!

15

A durable good that is used in the production of goods amd services.

Capital goods

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15

A situation where each additional or marginal unit of a good or service that is consumed bri gsess utility than the previous unit.

Diminishing marginal utility

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Check

Okay!

Check

baam

Lose 20 points!

Oops!

rocket

Go to first place!

Okay!

rocket

Go to first place!

Okay!

baam

Lose 25 points!

Oops!

15

A financial institution thag accepts deposits from public and creates credit.

Bank

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Check

Okay!

Check

15

The usefulness of a good or service in satisfying a need or a want

Utility

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Check

Okay!

Check

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