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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
Deductive method of deriving economic laws
Question # 2
Who did say that Economics is science of material welfare
Question # 3
Which is not studied in macro economics ?
Question # 4
Marshall belonged to the country
Question # 5
Economics studies human behaviour from
Question # 6
Adam Smith belongs to:
Question # 7
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 8
The subject matter of Macro Economics is
Question # 9
Which is not studied in micro economics ?
Question # 10
The conditions which are essentially kept constant for the application of economic laws, are called
Question # 11
Which laws are framed by parliament
Question # 12
New classical economist is
Question # 13
To derive economic laws inductive method was adopted by
Question # 14
Economics is a science:
Question # 15
Meaning 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 | Which one is not included in macro economics |
A. National income
B. Employment
C. Price
D. Investment
|
| 2 | To derive economic laws inductive method was adopted by |
A. Classical school of thought
B. Neo classical school of thought
C. Historical school of thought
D. Modern school of thought
|
| 3 | Which laws are framed by parliament |
A. State laws
B. Moral laws
C. Economic laws
D. Scientific laws
|
| 4 | Who did write the book named "General theory of employment, interest and money |
A. Robbins
B. Pigou
C. Keynes
D. Cannon
|
| 5 | Economics is concerned with the attainment of material requisites |
A. Robbins
B. Marshall
C. Pareto
D. Senior
|
| 6 | Cannon,. Pigou and Pareto belonged to school of thought |
A. Classical
B. Neo classical
C. Keynesian
D. None of these
|
| 7 | "Principles of Economics" was written in: |
A. 1776
B. 1890
C. 1932
D. 1930
|
| 8 | Who did write the book named "An enquiry into the nature and causes of the wealth of nations" |
A. Adam smith
B. Marshall
C. Robbins
D. Canon
|
| 9 | Adam Smith belongs to: |
A. Poland
B. Scotland
C. Ireland
D. Holland
|
| 10 | Which economist is called Aristotal of economics |
A. Marshall
B. Keynes
C. Adam Smith
D. Malthus
|
Test Questions
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