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A
Scottish economist and philosopher regarded as father of Economics
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B
How to allocate scarce resources to satisfy unlimited needs and wants is the......economic problem
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C
Opposite of benefits
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D
Households, firms and governments are the main.........-makers
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E
This adjective means: connected with economics
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F
These kind of goods are unlimited in supply.
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G
One of the three main economic agents
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H
Another decision-makers in an economy.
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I
The kind of behaviour from households, firms and governments Microeconomics studies.
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K
The word economics comes from this Greek word that means to administrate a household.
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L
Adam Smith´s work was the first step of ........
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M
This kind of analysis considers the additional costs and benefits of a decision already taken.
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N
Basic requirement for survival, including food, clothing and shelter.
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O
Benefit, measured or not in money, lost when one decision is taken over another.
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P
When economics just describes reallity it is called.......economics
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R
An incentive can consist on a punishment or a .....
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S
A cost that has already occurred and can ́t be recovered.
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T
Services can´t be touched, so they are......
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U
Economic scarcity affects all us, therefore it is........
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V
To fulfil our needs and wants there are goods, and ........
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W
Something we would like to have but is not necessary for survival.
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Y
The feeling of lack of resources in relation with people ́s needs and wants.