Quiz: Thinking like an Economist - Models and Assumptions
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
Ready to start this lesson?
Sign in to track your progress. 9 steps including 8 interactive questions.
Sign In to Start Learning
Students also studied
Browse allSteps in this lesson (9)
Welcome to this quiz on Thinking like an Economist: Models and Assumptions. Let's test your knowledge with 10 engaging questions!
What does the term 'ceteris paribus' mean in economics?
Start the lesson to answer this multiple choice question
Which of the following are assumptions made in economic models? (Select all that apply)
Start the lesson to answer this multi-select question
The {{blank0}} frontier represents the maximum potential output of an economy given its resources and {{blank1}}.
Start the lesson to answer this fill in the blank question
Match the items on the left with their correct pairs on the right
Start the lesson to answer this matching question
A firm produces 100 units of a good using 4 workers. What is the average output per worker?
Start the lesson to answer this math equation question
Which of the following is an example of a positive economic statement?
Start the lesson to answer this multiple choice question
Which factors can cause a shift in the production possibility frontier? (Select all that apply)
Start the lesson to answer this multi-select question
Economists use models to simplify reality and make {{blank0}} about economic behaviour.
Start the lesson to answer this fill in the blank question
Want to Learn More?
Get personalised lessons, quizzes, and instant feedback from your AI tutor.
Explore More Topics