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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
Laws which reflect religion of society
Question # 2
The subject matter of Macro Economics is
Question # 3
"General theory of employment, interest and money" was written by:
Question # 4
Walker, senior and Malthus belonged to school of thought
Question # 5
Economic laws are:
Question # 6
Methods to derive economic laws:
Question # 7
In which kind of economics, aggregate behaviors of the economy are reviewed
Question # 8
According to Marshall, Economics is
Question # 9
Who is the Founder of macro economics ?
Question # 10
Which is not studied in micro economics ?
Question # 11
To derive economic laws deductive method was adopted by
Question # 12
Which statement is called subject matter of economics
Question # 13
Which is not studied in micro economics
Question # 14
Which characteristic is not found in economic laws
Question # 15
Cannon,. Pigou and Pareto belonged to school of thought
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 | Who did separate economics from political science for the first time |
A. Marshall
B. Malthus
C. Adam smith
D. Ricardo
|
| 2 | Who is father of economics |
A. Marshall
B. Malthus
C. Adam smith
D. Cannon
|
| 3 | Economics is concerned with the attainment of material requisites |
A. Robbins
B. Marshall
C. Pareto
D. Senior
|
| 4 | 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
|
| 5 | Founder of new classical school of thought was |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 6 | "Principles of Economics" was written in: |
A. 1776
B. 1890
C. 1932
D. 1930
|
| 7 | 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
|
| 8 | Founder of classical school of thought was |
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
|
| 9 | The non-material activities which have the ability to satisfy human wants indirectly, are called |
A. Goods
B. Services
C. Satisfaction
D. None of the three
|
| 10 | 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
|
Test Questions
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