wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Why study economics?

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

What are some of the different areas covered in economics?

a)

Microeconomics and Industrial Organisation

b)

Biology and Chemistry

c)

History and Geography

d)

Literature and Art

2.

What opportunities are available for economics graduates?

a)

Only in finance and banking

b)

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

c)

Limited to sales and marketing

d)

Only in statistics

3.

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

a)

It has no impact on decision-making

b)

It helps in making better decisions about investing and obtaining mortgages

c)

It leads to impulsive decisions

d)

It confuses decision-making

4.

What does economics teach students to understand and identify?

a)

No effects at all

b)

Tertiary effects only

c)

Secondary effects and unintended consequences

d)

Primary effects only

5.

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

a)

It limits decision-making

b)

It confuses decision-making

c)

It provides tools to think more clearly

d)

It doesn't help in making informed decisions

6.

What does economics help us understand better?

a)

The impact of music on society

b)

The impact of sports on the economy

c)

The impact of economic decisions on specific firms and industries

d)

The impact of weather on agriculture

7.

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

a)

It provides tools to think more clearly

b)

It doesn't help in improving public sector performance

c)

It confuses decision-making

d)

It limits decision-making