WIEL
Laurier & Beyond
Pop Economics
Language of Economics
Historic Figures
100

'WIEL' stands for?

Women in Economics at Laurier

100

What are the Laurier school colors?

Purple and Gold


100

What is the term for the extra benefit you get from consuming one more unit of a good?

Marginal Benefit

100

What does GDP stand for?

Gross Domestic Product

100

Who was the first woman to fly solo across the Atlantic Ocean?

Amelia Earhart

200

When was this club established?

July 2025

200

What is the name of Laurier's Business and Economics School?

Lazaridis School of Business and Economics

200

What term might describe a situation where people buy more of something when its price falls?

Law of Demand

200

Define Macroeconomics 



The study of economics as a whole, concerned with large-scale or general economic factors

200

Who is known for her famous diary that documented her life during World War II?

Anne Frank

300

Why might someone want to join WIEL?

Any answer is correct!

300

What year was Laurier established?

1911


300

Why do coffee shops charge more for a larger size even though the cost is small?

Profit margin and pricing strategy

300

What is the fundamental economic problem of having limited resources to meet unlimited wants and needs?

Scarcity

300

Which female activist won the Nobel Peace Prize for advocating girls’ education?

Malala Yousafzai

400

Who are the presidents of WIEL?

Emily and Jayla


400

Laurier has campuses in which three Ontario cities?

Brantford, Waterloo and Milton


400

Why might people purchase branded items even when cheaper alternatives exist?

Brand value, status signalling, quality

400

When the government increases spending during a recession is example of what type of policy?

Fiscal Policy

400

In the film Hidden Figures, which real-life NASA mathematician was portrayed by Taraji P. Henson?

Katherine Johnson

500

When is WIEL's next event? 

a) November 1

b) October 30

c) November 19

d) December 4

November 19! Come to our Co-op Info Session for economics-related job opportunities!

500

What is the name of Laurier’s Economics research center?

Laurier Centre for Economic Research and Policy Analysis (LCERPA)

500

Why do gyms offer 'free trial' memberships?

To attract new members and encourage long-term subscriptions

500

An increase in the price of coffee beans will likely cause what to happen to coffee supply?

Leftward shift in supply

500

Who was the first woman to win the Nobel Prize in Economics?

Elinor Ostrom

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