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Practice Worksheet

TN-ECON-GR5-65916 · v3.-3

Introduction to Market Structures

Grade 5 · Economics · Market Structures · Common Core

Grade

Grade 5

Subject

Economics

Topic

Market Structures

Subtopic

Introduction to Market Structures

Curriculum

Common Core

Difficulty

Core

Time

30 minutes

Total marks

46

Student name

Teacher name

Date

Learning objectives

  • Recognise introduction to market structures accurately in economics contexts.
  • Explain the underlying rule of introduction to market structures in the student's own words.
  • Apply introduction to market structures to multi-step and unfamiliar problems.
  • Justify a chosen method and identify errors in another student's work.

Skills assessed

  • Fluency and recall
  • Method and setting out
  • Reasoning and justification
  • Problem solving in context
  • Self-assessment

Instructions

  1. Write your name, your teacher's name and the date in the header.
  2. Answer every question in the space provided. Continue on the back if needed.
  3. Show all working — method marks are awarded even when the final answer is wrong.
  4. Aim to finish in about 30 minutes.
  5. Complete the reflection box at the end before you hand the sheet in.

Warm-up

Bloom: Remember · 4 marks

Answer quickly. These check you are ready for the topic.

  1. 1.State one fact you already know about introduction to market structures.

    [1]
  2. 2.Write down one fact you already know about introduction to market structures.

    [1]
  3. 3.Circle one fact you already know about introduction to market structures.

    [1]
  4. 4.Name one fact you already know about introduction to market structures.

    [1]

Recall

Bloom: Remember · 4 marks

Complete from memory. No calculator, no notes.

  1. 1.Label the key term used in introduction to market structures described here: item 1.

    [1]
  2. 2.Define the key term used in introduction to market structures described here: item 2.

    [1]
  3. 3.Label the key term used in introduction to market structures described here: item 3.

    [1]
  4. 4.Complete the key term used in introduction to market structures described here: item 4.

    [1]

FreeMathWorksheet · TN-ECON-GR5-65916 · v3.-3

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 1 of 4

FreeMathWorksheet · Grade 5 Economics

Introduction to Market Structures

Basic Practice

Bloom: Understand · 5 marks

Work through each item. Show the step you used.

  1. 1.Work out part 1 using the rule for introduction to market structures.

    [1]
  2. 2.Complete part 2 using the rule for introduction to market structures.

    [1]
  3. 3.Match part 3 using the rule for introduction to market structures.

    [1]
  4. 4.Complete part 4 using the rule for introduction to market structures.

    [1]
  5. 5.Identify part 5 using the rule for introduction to market structures.

    [1]

Guided Practice

Bloom: Understand · 8 marks

The first step is given. Finish the reasoning.

  1. 1.Complete the method for part 1. Step 1 has been started for you.

    [2]
  2. 2.Using the first step given, finish part 2. Step 1 has been started for you.

    [2]
  3. 3.Continue the working for part 3. Step 1 has been started for you.

    [2]
  4. 4.Using the first step given, finish part 4. Step 1 has been started for you.

    [2]

FreeMathWorksheet · TN-ECON-GR5-65916 · v3.-3

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 2 of 4

FreeMathWorksheet · Grade 5 Economics

Introduction to Market Structures

Independent Practice

Bloom: Apply · 10 marks

No scaffolding. Set out your full method.

  1. 1.Work out fully part 1 on introduction to market structures without help.

    [2]
  2. 2.Calculate part 2 on introduction to market structures without help.

    [2]
  3. 3.Determine part 3 on introduction to market structures without help.

    [2]
  4. 4.Work out fully part 4 on introduction to market structures without help.

    [2]
  5. 5.Calculate part 5 on introduction to market structures without help.

    [2]

Challenge Questions

Bloom: Analyse · 9 marks

Harder items. Attempt every one, even partially.

  1. 1.Prove the statement in part 1 about introduction to market structures.

    [3]
  2. 2.Show that the statement in part 2 about introduction to market structures.

    [3]
  3. 3.Prove the statement in part 3 about introduction to market structures.

    [3]

FreeMathWorksheet · TN-ECON-GR5-65916 · v3.-3

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 3 of 4

FreeMathWorksheet · Grade 5 Economics

Introduction to Market Structures

Real-life Application

Bloom: Apply · 6 marks

Use the skill in context. State units in your answer.

  1. 1.In context, work out a real economics situation that depends on introduction to market structures.

    [3]
  2. 2.Use the information to decide a real economics situation that depends on introduction to market structures.

    [3]

Reflection

Bloom: Create · 0 marks

Not marked. Answer honestly — this guides your next worksheet.

  1. 1.Reflect on how confident you feel with introduction to market structures and what you will practise next.

    [—]
  2. 2.Reflect on how confident you feel with introduction to market structures and what you will practise next.

    [—]

FreeMathWorksheet · TN-ECON-GR5-65916 · v3.-3

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 4 of 4