Economics Nomenclature


The purpose of these economics cards and lessons is to show the relationships between production and consumption. With the nomenclature cards, you can introduce the basic terminology of economics.

These lessons are ideal for upper elementary children and should follow the interdependencies lessons.


Listing includes:
  • Notes for six different lessons on economics- these are not fully written up lessons, just notes to expand on economic geography lessons from your training album.
    • Equilibrium
    • Surplus and Shortage
    • Price Signals
    • Competition
    • Competition 2: Reduce Production costs
    • Competition 3: Reinvest
  • Four additional suggested Nomenclature Card activities
  • 12 word tickets for presenting economics lessons
  • 11 images for presenting lessons
  • 12 Nomenclature cards that include etymologies

The 18 page PDF is meant to be printed double-sided, with short edge binding,

  • The producer cards are 3″x5″ (index card size)
  • The nomenclature cards are 2.25″x3.5″ (playing card size)
Nomenclature Terms:
  • Production
  • Consumption
  • Equilibrium
  • Surplus
  • Shortage
  • Supply
  • Demand
  • Import
  • Export
  • Trade
  • Competition
  • Price


There are no reviews yet.

Be the first to review “Economics Nomenclature”

Your email address will not be published. Required fields are marked *