This board helps players review College · Economics through a Jeopardy-style game format on Kleveroo. It includes categories such as Micro, Macro, Markets, Trade, Thinkers. It is useful for classroom review, team trivia, family game night, test prep, and group play.
- Classroom review
- Test prep
- Team trivia
- Group play
- Family game night
A peek at what's on the board — 5 categories and one sample clue from each. Answers stay hidden until you open them, so the game still works.
Cost of next-best foregone option.
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Opportunity cost
+4 more clues in this category
Total value of goods and services in a country.
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GDP
+4 more clues in this category
Many small sellers offering identical product.
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Perfect competition
+4 more clues in this category
Comparative advantage was theorized by…
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David Ricardo
+4 more clues in this category
Author of 'The Wealth of Nations'.
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Adam Smith
+4 more clues in this category
Board content
Micro
- $100 — Cost of next-best foregone option.
- Opportunity cost
- $200 — Quantity demanded falls as price rises.
- Law of demand
- $300 — Where supply meets demand.
- Equilibrium
- $400 — Tax on imported goods.
- Tariff
- $500 — Market dominated by one seller.
- Monopoly
Macro
- $100 — Total value of goods and services in a country.
- GDP
- $200 — General rise in prices over time.
- Inflation
- $300 — Long, deep economic downturn.
- Recession (or depression)
- $400 — US central bank.
- Federal Reserve (the Fed)
- $500 — Tool the Fed uses to control money supply.
- Interest rates / open market operations
Markets
- $100 — Many small sellers offering identical product.
- Perfect competition
- $200 — Few firms dominate a market.
- Oligopoly
- $300 — Many sellers with slightly differentiated products.
- Monopolistic competition
- $400 — Cost that doesn't change with output.
- Fixed cost
- $500 — Income left after taxes.
- Disposable income
Trade
- $100 — Comparative advantage was theorized by…
- David Ricardo
- $200 — Trade-promoting org founded 1995.
- WTO (World Trade Organization)
- $300 — Tax on imports.
- Tariff
- $400 — Limit on imports of a product.
- Quota
- $500 — Currency exchange rate determined by markets.
- Floating exchange rate
Thinkers
- $100 — Author of 'The Wealth of Nations'.
- Adam Smith
- $200 — Economist behind demand-side macro policy.
- John Maynard Keynes
- $300 — Co-author of 'The Communist Manifesto'.
- Karl Marx (with Engels)
- $400 — Free-market champion at the Chicago School.
- Milton Friedman
- $500 — 'Invisible hand' is a metaphor from…
- Adam Smith
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