MICRO ECONOMICS OBJECTIVE TEST

Microeconomics studies ________.

• National income

• Total demand

• General price level

• Individual demand

The word micro is taken from _____ word.

• Greek

• Latin

• Sanskrit

• Arabic

____is the father of microeconomics.

• Professor Alfred Marshall

• Professor Adam Smith

• Professor Robbins

• Professor J M Keynes

____ popularised the study of microeconomics.

• Professor J M Keynes

• Professor Adam Smith

• Professor Alfred Marshall

• Professor Robbins

There are ----- main branches of modern economics.

• One

• Two

• Three

• Four

The term micro is taken from the Greek word ------.

• Makros

• Mikros

• Miikros

• Mikroos

The term Micro icro was coined by -----.

• Prof. Alfred Marshall

• Prof. Adam Smith

• Prof. Ranger Frisch

• Prof. Lionel Robbins

The term micro was coined in the year ----.

• 1930

• 1932

• 1930

• 1933

Professor Ranger Frisch was a ---- economist from ----- University.

• Norwegian, Oxford

• American, MIT

• Norwegian, Oslo

• None of the above

Microeconomics has a ----- approach.

• Traditional

• Modern

• Advanced

• Semi-modern