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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
Which laws are conditional
Question # 2
Who is father of economics
Question # 3
In which kind of economics, aggregate behaviors of the economy are reviewed
Question # 4
Economics according to its scope is:
Question # 5
The subject matter of Macro Economics is
Question # 6
Which is not studied in macro economics
Question # 7
Writing of the same behavior of the people in particular arrangement and words is called
Question # 8
"General theory of employment, interest and money" was written by:
Question # 9
Founder of modern school of thought:
Question # 10
Economic problem arises because human wants
Question # 11
Economics studies human behaviour from
Question # 12
Who wrote the book named "An enquiry into the nature and causes of the wealth of nations ?
Question # 13
Economic point of view of the supporters of which school of thought is the name of feeling and mental state
Question # 14
Who did separate economics from political science for the first time
Question # 15
"Principles of Economics" was written by.
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.
Top Scorers Of Chapter 1 "Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test" MCQ`s Test
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W Wasif Mehmood 01 - Nov - 2024 00 Min 12 Sec 15/15 -
M Musa Aziz 07 - May - 2026 01 Min 28 Sec 15/15 -
S Sohaib Rana 26 - Jun - 2026 01 Min 59 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 -
L Lily 21 - Jan - 2026 02 Min 04 Sec 13/15 -
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 | The conditions which are essentially kept constant for the application of economic laws, are called |
A. Changes
B. Assumptions
C. Limitations
D. Theories
|
| 2 | Which economist introduced economics as a science for the first time |
A. Adam Smith
B. Robbins
C. Marshall
D. Pigou
|
| 3 | Economic point of view of the supporters of which school of thought is the name of feeling and mental state |
A. Classical
B. Neo classical
C. Ancient
D. Modern
|
| 4 | Which side of life of human being is analysed in economics |
A. Political
B. Social
C. Economic
D. Moral
|
| 5 | Study of large units of the economy is known as: |
A. Micro economics
B. Macro ecnomics
C. Applied economics
D. All of them
|
| 6 | Which laws are conditional |
A. State
B. Economic
C. Scientific
D. Moral
|
| 7 | Economic problem arises due to: |
A. Unlimited wants
B. Limited resources
C. Resources have alternative use
D. All of them
|
| 8 | Economic laws are |
A. Definite and universal
B. Of Conditional nature
C. Of moral nature
D. Of political nature
|
| 9 | Founder of new classical school of thought was |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 10 | Economics studies human behaviour from |
A. Individual angle
B. Collective angle
C. Individual & Collective angle
D. None
|
Test Questions
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