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Economics
Quiz
•
Business
•
University
•
Easy
Cecille Godin
Used 1+ times
FREE Resource
50 questions
Show all answers
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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