Why study economics?

Why study economics?

12th Grade

7 Qs

quiz-placeholder

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Why study economics?

Why study economics?

Assessment

Quiz

Financial Education

12th Grade

Practice Problem

Easy

Created by

Barbara Lucchetta

Used 1+ times

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the different areas covered in economics?

Microeconomics and Industrial Organisation

Biology and Chemistry

History and Geography

Literature and Art

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What opportunities are available for economics graduates?

Only in finance and banking

In a variety of fields like public policy, civil service, and insurance

Limited to sales and marketing

Only in statistics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can learning about interest rates and economic indicators help in decision-making?

It has no impact on decision-making

It helps in making better decisions about investing and obtaining mortgages

It leads to impulsive decisions

It confuses decision-making

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does economics teach students to understand and identify?

No effects at all

Tertiary effects only

Secondary effects and unintended consequences

Primary effects only

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does economics help in making more informed decisions as a consumer and voter?

It limits decision-making

It confuses decision-making

It provides tools to think more clearly

It doesn't help in making informed decisions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does economics help us understand better?

The impact of music on society

The impact of sports on the economy

The impact of economic decisions on specific firms and industries

The impact of weather on agriculture

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is economics considered a good way of improving public sector performance?

It provides tools to think more clearly

It doesn't help in improving public sector performance

It confuses decision-making

It limits decision-making