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
ic

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

  • 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

Economic law are made by:

Question # 3

Which statement is called subject matter of economics

Question # 4

Not acting upon economic laws

Question # 5

How many kinds of science are

Question # 6

Points of Robbins definition are

Question # 7

Deductive method of economic study.

Question # 8

Who said that economics is science of wealth

Question # 9

According to Marshall, Economics is

Question # 10

Ceteris paribus means:

Question # 11

Which economist said that abundance of definitions has pressed the neck of economics

Question # 12

How many kinds are of positive economics

Question # 13

Who said that economics is positive science

Question # 14

"General theory of employment, interest and money" was written in:

Question # 15

Which is not studied in macro economics

Prepare Complete Set Wise Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQs Online With Answers


Topic Test

00:00

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.

Top Scorers Of Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQ`s Test

  • W
    Wasif Mehmood 01 - Nov - 2024 00 Min 12 Sec 15/15
  • A
    Abdullah Aslam 06 - Aug - 2024 00 Min 04 Sec 14/15
  • U
    Usva Azam 28 - Jun - 2024 01 Min 40 Sec 14/15
  • A
    Adeeba Aslam 07 - Aug - 2024 01 Min 42 Sec 14/15
  • H
    HarFar 20 - Jul - 2024 02 Min 10 Sec 14/15
  • N
    Nazish Shakeel 15 - Apr - 2026 02 Min 57 Sec 14/15
  • A
    Arham Khan 09 - Jun - 2024 01 Min 35 Sec 13/15
  • L
    Lily 21 - Jan - 2026 02 Min 04 Sec 13/15
  • M
    Minahil Asif 04 - Jun - 2024 01 Min 33 Sec 12/15
  • Y
    Yahya Albalochi 01 - Nov - 2024 01 Min 44 Sec 12/15
  • A
    Abubaker 06 - Mar - 2026 02 Min 45 Sec 12/15
  • M
    Mehwish Mughal 01 - Nov - 2024 03 Min 10 Sec 12/15
  • K
    Khalid Mahmood 21 - Jul - 2024 04 Min 23 Sec 12/15
  • M
    Muhammad Hassan 11 - Aug - 2024 01 Min 43 Sec 11/15
  • N
    Nabeeha Khan 04 - Dec - 2024 02 Min 30 Sec 11/15

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

Sr.# Question Answer
1 Which economist said that abundance of definitions has pressed the neck of economics
A. Adam Smith
B. Robbins
C. Keynes
D. Pigou
2 Who said that economics is neutural science ?
A. Pigou
B. Keynes
C. Robbins
D. Marshall
3 Are included in welfare economist
A. Ricardo and J.S. Mill
B. Robbins and Keynes
C. Cannon and Pigou
D. Malthus and Keynes
4 In macro economics, what kind of problems can be discussed
A. International trade
B. Consumers behavior
C. Problems of a firm
D. Determination of price
5 Economics is basically divided into two parts
A. Micro and macro economics
B. Micro and applied economics
C. Theoretical and applied economics
D. Welfare and applied economics
6 Who said that you can not become good citizen if you have no economist with you
A. Marshall
B. Pigou
C. Keynes
D. Voton
7 Who did write the book named "Nature and importance of economics"
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
8 How many kinds are of positive economics
A. Two
B. Three
C. Four
D. Five
9 To describe as it is, after seeing and analyzing any event, is known as
A. Normative science
B. Positive science
C. Biological science
D. For casting science
10 Founder of classical school of thought was
A. Adam smith
B. Marshall
C. Robbins
D. Keynes

Test Questions

Is this page helpful?