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Economics

Authored by Cecille Godin

Business

University

Used 1+ times

Economics
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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are the reasons why we need to study economics

To learn a way of thinking

To understand society

To understand global affairs

To be an informed voters

To become rich

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the two branches of economics?

Microeconomics

Macroeconomics

Positive Economics

Normative Economics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the study of economics based on objective analysis and also based on facts.

Microeconomics

Macroeconomics

Positive Economics

Normative Economics

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a perspective on economics that reflects normative judgments or opinionated reactions towards economic projects, statements, and scenarios.

Microeconomics

Macroeconomics

Positive Economics

Normative Economics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is subjective and value based.

Microeconomics

Macroeconomics

Positive Economics

Normative Economics

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The statements do not have to eb correct, but they must be able to be tested and proved or disproved.

Microeconomics

Macroeconomics

Positive Economics

Normative Economics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Talks about what is, what was, or will be

Positive Economics

Normative Economics

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