Question # 1

Who did say that Economics is science of material welfare

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Adam smith

Marshall

Ricardo

Robbins

In which year Kenyens wrote his book "General theory of employment, interest and money

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1929

1931

1934

1936

The whom individuals Marshal included in definition of economics

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Service of teachers

People living in forests

Trading professionals

People living in caves

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

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Adam Smith

Robbins

Keynes

Pigou

Laws which reflect religion of society

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Economic laws

State laws

Scientific laws

Moral laws

Which book is named "Bible of Capitalism"

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Wealth of nations

Das capital

Principles of economics

General theory of employment, interest and money

Which economist did name economics as neutral science

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Pigou

Keynes

Robbins

Marshall

Methods of deriving economic laws are

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Two

Three

Four

Five

Who said that economics is the science of wealth ?

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Adam Smith

Robbins

Marshall

Pigou

Which one is not studied in micro economic

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National income

Consumer behavior

Market equilibrium

Firm's equilibrium

Which is not studied in macro economics

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National income

Money and banking

Price theory

Public finance

To describe as it is, after seeing and analyzing any event, is known as

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Normative science

Positive science

Biological science

For casting science

Who said that economics has the place of intellectual religion

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Cannon

Pigou

Durban

Robbins

Economic laws are

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Definite and universal

Of Conditional nature

Of moral nature

Of political nature

Who did name Economics as the science of mammon worship and dismal science

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Marshall

Keynes

John Ruskin & Carlyle

Pigou

According to Robbins, the basic concept of Economics is

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Political problem

Economic problem

Psychological problem

Religious problem

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Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers

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