Economics Glossary

Economics Glossary

 Economics Glossary Assignment

Please follow the guidelines below to complete the Vocab Assignment for each chapter that is assigned in class

Marble Composition Notebook - for Economics Glossary ONLY
For Each Chapter:

• Neatly Hand-written
• Label Book, Chapt #, Chapt Name, Section, Underline / highlight each term
• Skip lines between Sections & Terms
• ALL Terms in ALL Sections for assigned Chapter
• Neatness, Completeness, & Accuracy

Example: (This will be hand written in you Economics Glossary Marble Notebook designated for Economics Glossary ONLY)


Economics Principles in Action
Chapter 1: What is Economics?
Section 1: Scarcity & the Factors of Production

Need - something like air, food, or shelter that is necessary for survival

Want - an item that we desire but that is not essential to survival