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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
00:00
Question # 1
Who said that economics is positive science ?
Question # 2
Laws cannot be predicted
Question # 3
New classical economist is
Question # 4
Who did write the book named "General theory of employment, interest and money
Question # 5
According to Robbins, the basic concept of Economics is
Question # 6
Who did introduce Macro Economics
Question # 7
Study of large units of the economy is known as:
Question # 8
Study of small units of the economoy is known is:
Question # 9
Micro economics studies related to:
Question # 10
When was professor Robbins book "Nature and importance of economics" written
Question # 11
Which economist is called Aristotal of economics
Question # 12
Founder of new classical school of thought was
Question # 13
Who said that economics is science of unlimited wants and limited means
Question # 14
Economics is concerned with the attainment of material requisites
Question # 15
Founder of Classical school of thought was:
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 | According to Robbins, the basic concept of Economics is |
A. Political problem
B. Economic problem
C. Psychological problem
D. Religious problem
|
| 2 | Which laws are framed by parliament |
A. State laws
B. Moral laws
C. Economic laws
D. Scientific laws
|
| 3 | According to Neo Classical economists, Economics is science of |
A. Scarcity of means
B. Material welfare
C. Wealth
D. Unlimited wants
|
| 4 | Which economist did name economics as neutral science |
A. Pigou
B. Keynes
C. Robbins
D. Marshall
|
| 5 | Who did write the book named "Principles of Economics" was written |
A. Adam smith
B. Marshall
C. Robbins
D. Cannon
|
| 6 | In which year the book named "Principles of Economics" was written |
A. 1805
B. 1890
C. 1903
D. 1915
|
| 7 | Economics is concerned with the attainment of material requisites |
A. Robbins
B. Marshall
C. Pareto
D. Senior
|
| 8 | Which one is not studied in micro economic |
A. National income
B. Consumer behavior
C. Market equilibrium
D. Firm's equilibrium
|
| 9 | The whom individuals Marshal included in definition of economics |
A. Service of teachers
B. People living in forests
C. Trading professionals
D. People living in caves
|
| 10 | "General theory of employment, interest and money" was written by: |
A. Robbins
B. Pigou
C. Keynes
D. Canon
|
Test Questions