Mind & society
The “Economics in plain words” quiz — Mind & society. It has 25 questions in five categories: How markets work, Bubbles and crashes, Great thinkers, Paradoxes and traps, Quirky indicators. Questions get harder as the points go up, from 100 to 500.
The 100- and 200-point questions are open here. The rest show only their first words, and there are no answers: all of that is in the game itself.
What market structure exists when a single seller dominates the entire market and faces no direct competition?
What term describes the value of the next best option that you must sacrifice when making an economic decision?
Which economic term measures…
In the gameWhat term describes side…
In the gameWhat term describes a…
In the game
In 1630s Holland, speculative contract prices for the bulbs of which flower soared so high that one could buy an estate?
What term describes a sudden panic where crowds of depositors rush to withdraw all their cash simultaneously?
In 1923 Germany, money…
In the gameWhich famous English physicist…
In the gameWhat economic portmanteau describes…
In the gameWhich Scottish philosopher laid the foundations of modern economics in his 1776 book 'The Wealth of Nations'?
Which British economist argued during the 1930s that governments should borrow and spend money to stimulate aggregate demand?
Who formulated the law…
In the gameWhich economist popularised the…
In the gameWho became the first…
In the gameWhich venomous snake gave its name to the paradox where cash bounties meant to eradicate pests led people to breed them instead?
Which paradox of value contrasts the cheapness of life-sustaining drinking water with the huge cost of decorative gemstones?
In George Akerlof's landmark…
In the gameWhich economist coined the…
In the gameWhich 19th-century English thinker…
In the game
Which British weekly newspaper has measured the purchasing power of world currencies since 1986 with its famous Big Mac Index?
Surging sales of which small cosmetic item during recessions led Estée Lauder's chairman to dub it an index of affordable luxury?
Former Fed chair Alan…
In the gameDemand for which corrugated…
In the gameAnalyst Andrew Lawrence proposed…
In the gameAll 25 questions and the answers are in the game. Invite your class or friends with a link — guests need no account.