Starter deck

Economic Terms

A free “Economic Terms” deck containing 12 cards for local study.

inflationa general rise in prices

GDPvalue of final goods and services produced

demandamount buyers are willing to purchase

supplyamount offered for sale

interest rateprice of borrowing money

unemploymentlack of work among people seeking it

budgetplan of income and expenditure

deficitexpenditure exceeding income

exportsale to another country

importpurchase from another country

monopolymarket dominated by one seller

diversificationspreading risk across assets

How to use this deck

The cards are visible publicly. In the application you can edit, study, export and explicitly save them locally.

This is a starter deck. Verify information with subject-appropriate sources and adapt the prompts to your learning goal.