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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test
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Question # 1
Founder of Classical school of thought was:
Question # 2
Which is not studied in micro economics ?
Question # 3
Who is called founder of modern school of thought
Question # 4
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 5
The most clear and comprehensive definition of economics is given by
Question # 6
Which economist said that abundance of definitions has pressed the neck of economics
Question # 7
Economic laws are:
Question # 8
Not acting upon economic laws
Question # 9
Study of large aggregated of economic system is called
Question # 10
In which kind of economics, aggregate behaviors of the economy are reviewed
Question # 11
Who said that economics is the science of wealth ?
Question # 12
In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written
Question # 13
According to Marshall, Economics is
Question # 14
Who is father of economics
Question # 15
Which economist is called Aristotal of economics
Prepare Complete Set Wise Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQs Online With Answers
11th Principle of Economics Chapter 1 Test
Here you can prepare 11th Principle of Economics English Medium Chapter 1 Definition of Economics Test. Click the button for 100% free full practice test.
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ICom Part 1 Principles of Economics ( English Medium) Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Micro economics studies related to |
A. National income
B. Unemployment
C. Trade cycle
D. Consumer's behavior
|
| 2 | Economics is concerned with the attainment of material requisites |
A. Robbins
B. Marshall
C. Pareto
D. Senior
|
| 3 | Points of Robbins definition are |
A. Two points
B. Four points
C. Economic points
D. Practical points
|
| 4 | Who said that economics is the science of wealth ? |
A. Adam Smith
B. Robbins
C. Marshall
D. Pigou
|
| 5 | Which side of life of human being is analysed in economics |
A. Political
B. Social
C. Economic
D. Moral
|
| 6 | Deductive method of deriving economic laws |
A. We move from general conditions to particular conditions
B. We move from particular conditions to general conditions
C. Stated in general way
D. Different incidents are kept in view
|
| 7 | Who said that economics is science of wealth |
A. Adam smith
B. Robbins
C. Marshall
D. Pigou
|
| 8 | Founder of neo-classical school of thought: |
A. Adam Smith
B. Marshall
C. Robbins
D. Keynes
|
| 9 | Economic laws are: |
A. Definite and universal
B. Conditional
C. Moral
D. Political
|
| 10 | When was professor Robbins book "Nature and importance of economics" written |
A. 1915
B. 1932
C. 1934
D. 1937
|
Test Questions
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