First Year Principles of Economics Chapter 1 Online MCQ Test for 1st Year Principles of Economics Chapter 1 (Definition of Economics)

This online test contains MCQs about following topics:

. Economics is a Science of wealth . Economics is a Science of Material Welfare . Economics is a Science of Scarcity and Choice . Coparison of the definitions of Marshall and Robbins . Scope of Economics . Subject matter of economics . Individual or collective behaviour . Question of likes or diklikes of wants| . Economics Law

ICOM Part 1 Economics Ch 1 Test
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MCQ's Test For Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test"

Try The MCQ's Test For Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test"

  • Total Questions15

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Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test

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Question # 1

Which is not studied in macro economics ?

Question # 2

Which is not studied in micro economics ?

Question # 3

Points of Robbins definition are

Question # 4

How many kinds of science are

Question # 5

State laws are of

Question # 6

Not acting upon economic laws

Question # 7

"The nature and significance of economic sciences" was written by:

Question # 8

Who did separate economics from political science for the first time

Question # 9

Who said that economics is positive science ?

Question # 10

Who said that economics is neutural science ?

Question # 11

According to Robbins, the basic concept of Economics is

Question # 12

"Principles of Economics" was written by.

Question # 13

Economics is a science

Question # 14

Who did say that Economics is science of material welfare

Question # 15

Economics is concerned with the attainment of material requisites

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11th Principle of Economics Chapter 1 Test

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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's

Sr.# Question Answer
1 Of what nature state laws are
A. Local
B. Regional
C. National
D. International
2 "Principles of Economics" was written in:
A. 1776
B. 1890
C. 1932
D. 1930
3 Economic laws are:
A. Definite and universal
B. Conditional
C. Moral
D. Political
4 Who did give economics the status of positive science
A. Marshall
B. Robbins
C. Cannon
D. Pareto
5 Which is not studied in micro economics ?
A. Theory of consumer behaviour
B. Price theory
C. Theory of money
D. Theory of distribution of wealth
6 Methods of deriving economic laws are
A. Two
B. Three
C. Four
D. Five
7 Who did separate economics from political science for the first time
A. Marshall
B. Malthus
C. Adam smith
D. Ricardo
8 "The nature and significance of economic sciences" was written by:
A. Adam smith
B. Marshall
C. Robbins
D. Canon
9 Who said that economics is normative science ?
A. Keynes
B. Robbins
C. Marshall
D. Rocher
10 Points of Robbins definition are
A. Two points
B. Four points
C. Economic points
D. Practical points

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