currencyFind to reveal
Zimbabwe issued a hundred trillion dollar note in 2009. On its first day it bought about thirty US dollars.
Economics Word Search
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Puzzle10 words · 11×11 grid · Medium · Answer key included
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shortageFind to reveal
German emergency money sometimes came in silk or porcelain, giving collectors currency made from materials usually found in clothing or dishes.
budgetFind to reveal
Budget once meant a small leather bag, before the things a treasurer carried gave the word its financial meaning.
profitFind to reveal
Some early Dutch investors received profits in spices instead of cash, making a return something that could end up in the kitchen.
incomeFind to reveal
Britain ordered income-tax records destroyed in 1816, but duplicate copies survived, giving paperwork meant to vanish a second life in the archives.
demandFind to reveal
Some luxury goods become more desirable as their prices rise, an exception to the usual pattern economists call the Veblen effect.
supplyFind to reveal
Vanilla supply depends on hand pollination in many growing regions, turning a cheap-looking flavor into a crop requiring painstaking work.
marketFind to reveal
Old debt records used split wooden tally sticks, letting two parties match the halves instead of relying on identical written copies.
tradeFind to reveal
Traders on the Silk Road never called it that. A German geographer popularized the name in 1877.
moneyFind to reveal
On Yap, stone money can weigh four tons and rarely moves. Owners simply agree that the coin changed hands.
True stories · Wörgl, Austria
The town that printed its own money
In Wörgl, Austria, in 1932, the mayor tried an experiment that economists still argue about. Michael Unterguggenberger issued the town its own money, called Certified Compensation Bills, which needed a small stamp each month to stay valid. Nobody wanted to sit on notes like that, so they moved quickly. The town put the money to work supporting local public works, while unemployment stayed high across the rest of Austria. The experiment drew international attention, including from the American economist Irving Fisher. Austria's central bank ended it in September 1933, so the federal government would keep its monopoly on legal tender.
The difficulty lies, not in the new ideas, but in escaping from the old ones.
John Maynard Keynes
Trivia
What is the term for trading goods directly for other goods, with no money involved?
Barter.
Which Scottish thinker published The Wealth of Nations in 1776?
Adam Smith.
What do economists call a general rise in prices that makes each unit of money buy less?
Inflation.
What is the name for the price at which the amount supplied and the amount demanded match?
The equilibrium price.
Which country suffered the fastest inflation ever recorded, with prices doubling about every fifteen hours?
Hungary, in 1946.
Trivia · 1 / 5
What is the term for trading goods directly for other goods, with no money involved?
Barter.
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Play →or printTrue stories · New Haven, Connecticut
Monkeys learn to shop
In New Haven, Connecticut, researchers at Yale handed seven capuchin monkeys small discs and waited. The monkeys learned that a disc could be swapped for a grape, a slice of apple, or a cube of gelatin. Then the scientists started changing prices. When one treat got cheaper, the capuchins bought more of it, exactly as a shopper would. Offered gambles, they also showed the very human habit of hating a loss more than they enjoyed an equal gain. Keith Chen, Venkat Lakshminarayanan and Laurie Santos reported the results in 2005. The result raised an intriguing possibility: our economic instincts may be far older than our species.
Political economy or economics is a study of mankind in the ordinary business of life.
Alfred Marshall
Find trade, money and budget among the words hidden in this puzzle. Play free online or print the puzzle with its answer key.
Is this economics word search free to print?
This economics word search is a free printable puzzle with 10 hidden words in an 11×11 grid. Find words like CURRENCY, SHORTAGE, BUDGET hidden across, down, and diagonally. You can play it right here in your browser — tap the first and last letter of a word — or download it as a printable PDF with the full answer key on page two. It's free for personal and classroom use, so teachers can print copies for a whole class with no sign-up and no account. Word searches like this one are a proven way to build vocabulary, spelling, and word-shape recognition, which is why they're a favourite with ESL learners, elementary classrooms, and anyone who likes a quiet puzzle with their coffee.
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Sources: Rai stones: size, and ownership without moving the stone (Wikipedia) · Hungarian pengő: fastest hyperinflation ever recorded, 1946 (Wikipedia) · "Budget" from Old French bougette, a leather pouch (Etymonline) · Split tally sticks (Bank of England Museum) · Zimbabwe 100 trillion dollar note, issued 2009, worth about US$30 on day one (Wikipedia) · Code of Hammurabi, law 88: 20 percent on silver loans (Hanover College primary text) · "Silk Road" named by Ferdinand von Richthofen in 1877 (National Geographic) · The Wörgl stamp scrip experiment, 1932 to 1933 (Wikipedia) · Yale capuchin monkey token study, 2005 (Yale News) · Keynes, preface to The General Theory (marxists.org full text) · Marshall, Principles of Economics, Book I Chapter 1 (marxists.org full text) · The Wealth of Nations, Adam Smith, 1776 (Wikipedia)
Word list, facts & trivia researched and compiled by Sam Letterman — spotted a mistake? Tell us and we’ll fix it.