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Micro Economics
An Intro to Economics
Adam Smith thinks
economics is knowledge/ science of.
|
wealth |
the scarcity and choice |
|
material welfare |
development |
When did Adam Smith write his book?
|
1776 |
1786 |
|
1876 |
1886 |
Who is the founder of economics?
|
Robbins |
Adam Smith |
|
Fisher |
Marshall |
Who wrote the research paper "The Wealth of the Nations"?
|
Robbins |
Adam Smith |
|
Fisher |
Marshall |
Marshall thinks economics is knowledge.
|
wealth of economic |
scarcity and choice |
|
material welfare |
development |
Robbins thinks economics is knowledge/science of
|
wealth |
scarcity and choice |
|
development |
material welfare |
Who wrote the "Principles of Economics"?
|
Robbins |
Adam Smith |
|
Fisher |
Marshall |
What era did Marshall belong to?
|
classical economy |
Neo-classical economy |
|
modern economy |
none |
What school of thought did Robbins
belong to?
|
classical economy |
Neo-classical economy |
|
modern economy |
none |
Adam Smith belongs a school
of thought.
|
classical school of
thought |
Neo-classical economy |
|
modern school of thought |
none |
There are human desires.
|
a few |
very few |
|
limited |
unlimited |
Contrary to human desires, man has the resources.
|
unlimited |
limited |
|
both |
none |
Who called economics evil knowledge?
|
J.S. Mill |
J. M. Keynes |
|
Riskin |
Carlyle |
Micro economics is also known as.
|
game theory |
Welfare theory |
|
price theory |
national income theory |
Macroeconomics is known as the
theory of
|
income and employment |
welfare |
|
Wealth |
distribution |
Which item is non-economic?
|
Soil |
rain |
|
sunshine |
All |
Who makes economic laws?
|
courts |
politicians |
|
economists |
Public behaviour |
What is the knowledge of economics?
|
positive science |
normative science |
|
arts |
All |
Macro Economics reviews a country's
economy.
|
partially |
totally |
|
both |
none |
Micro Economics reviews a country's
economy.
|
partially |
totally |
|
both |
none |
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