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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
Who said that economics is positive science
Question # 2
Which one is not studied in micro economic
Question # 3
Not acting upon economic laws
Question # 4
Which economist said that, economics cannot be separated from spiritual values?
Question # 5
Which is not studied in macro economics ?
Question # 6
Economics is basically divided into two parts
Question # 7
Propounder of economics was
Question # 8
Who said that economics is positive science ?
Question # 9
"General theory of employment, interest and money" was written by:
Question # 10
Which is not studied in micro economics ?
Question # 11
Points of Robbins definition are
Question # 12
Who said that economics is normative science ?
Question # 13
Inductive method of deriving economic laws
Question # 14
Ceteris paribus means:
Question # 15
Study of large aggregated of economic system is called
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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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 | Who did name Economics as the science of mammon worship and dismal science |
A. Marshall
B. Keynes
C. John Ruskin & Carlyle
D. Pigou
|
| 2 | Who did give economics the status of positive science |
A. Marshall
B. Robbins
C. Cannon
D. Pareto
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| 3 | Founder of classical school of thought was |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 4 | Cannon,. Pigou and Pareto belonged to school of thought |
A. Classical
B. Neo classical
C. Keynesian
D. None of these
|
| 5 | Which economist is called Aristotal of economics |
A. Marshall
B. Keynes
C. Adam Smith
D. Malthus
|
| 6 | Which laws are framed by parliament |
A. State laws
B. Moral laws
C. Economic laws
D. Scientific laws
|
| 7 | Inductive method of deriving economic laws |
A. We move from general conditions to particulars conditions
B. We move from particular conditions to general conditions
C. Facts are stated in simple and easy way
D. Stated in general way
|
| 8 | Economics according to its scope is: |
A. Science
B. Art
C. Science & Art
D. Only positive science
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| 9 | Who said that economics is positive science |
A. Adam Smith
B. Marshall
C. Robbins
D. Keynes
|
| 10 | Laws cannot be predicted |
A. Scientific laws
B. Moral laws
C. Economic laws
D. Natural laws
|
Test Questions