Economics worksheets
Needs, wants, money and choices.
Questions
Page
Same code, same questions.
Colour
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How to make economics worksheets
- 1
Choose which kinds of questions to include and how many of each.
- 2
Tap “New worksheet” for a fresh mix of questions.
- 3
Edit the title and choose A4 or US Letter.
- 4
Download the PDF with its answer key and print it.
About these economics worksheets
Economics is about choices: we can’t have everything, so we decide. These worksheets cover needs and wants, goods and services, producers and consumers, scarcity, budgets and saving, trade and opportunity cost, with a needs-and-wants sort.
What the worksheet covers
The question bank for this topic has 12 key terms, 10 items to sort, 10 true-or-false statements, 8 multiple-choice questions and 8 fill-in-the-blank sentences. Each worksheet mixes a selection, so no two are the same.
- Question types: match words to meanings, fill in the blanks, true or false, multiple choice, sort the words, word search.
- Key words: economics, needs, wants, goods, services, producer, consumer, scarcity, budget, savings, trade, opportunity cost.
- Best for: grades 2–8 (ages 7–14).
More worksheets
Find more topics in social studies worksheets. Every worksheet is made on your device, and nothing is uploaded.
Frequently asked questions
What is opportunity cost?
The next best thing you give up when you make a choice. If you spend your money on a book, the film you could have seen is the opportunity cost.
Can I print it in black and white?
Yes. The worksheet uses light tints that print clearly in grey, or pick the grey colour theme.
Is there an answer key?
Yes. Every worksheet ends with an answer key on its own page. Switch it off if you’re giving the sheet as a test.
Will every worksheet be the same?
No. Each tap of “New worksheet” picks a different mix of questions from the topic’s question bank, so you can give different versions to different students.
Can I choose the kinds of questions?
Yes. Switch each section on or off (matching, fill in the blanks, true or false, multiple choice and more) and choose how many questions go in each.