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Economics Brochure Define the following words from the text book: consumer, disposable income, discretionary income, consumerism, comparison shopping, warranty, budget, income, expense, credit, annual percentage rate, collateral, bankruptcy, save, interest, principal, return, stock, dividend, bond, mutual fund (Chapter 20 in the text book) Explain the 4 Factors of Production (CELL) and the 4 Economic Questions Draw and Label the Circular Flow Model Draw, Label and Explain the Business Cycle Draw the Demand Schedule (the Demand Graph) and explain the Law of Demand Draw the Supply Schedule (the Supply Graph) and explain the Law of Supply Draw the Equilibrium Point Explain the 4 Types of Economies – Command, Market, Traditional, Mixed
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