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WorksheetsIntroduction to Economics
Total questions: 15
Worksheet time: 11mins
Who is the father of Economics?
Adam Smith
Alfred Marshall
Prof. Samuelson
Lionel Robbins
Name the book written by Alfred Marshall
An essay on the nature & significance of Economic Science
Principles of Economics
Study of Economics
An enquiry into the nature & causes of wealth of nations
Scarcity definition was given by
Lionel Robbins
Prof Samuelson
Who coined the term Micro & Macro Economics
Adam Smith
J.S.Mill
J.B. Say
Prof Ragnar Frisch
The term "Economics" was originally derived from the two Greek word oikos & nomous which means
Financial Planning
Household Budget
Household Management
National Income
Prof Samuelson gave which definition
Wealth
Welfare
Scarcity
Growth
(a) is also called as price theory.
In Macroeconomics the letter A stands for?
Accounting
Asset
Aggregate
Arbitrage pricing theory
Choose a correct example which doesn't fall under the category of micro economics
Output of a firm
Household Income
Supply of a commodity
National Income
All those activities which are concerned with money & wealth are called (a) .
The main purpose of an economic activity is the (a) .
Name the type of economic activities which are concerned with an addition to the utility & value of goods & services.
(a)
Non economic activities refer to those activities which have no (a) or are not concerned with money or wealth.
Which of the following is not an example of non-economic activities
Recreational Activity
Religious Activity
Parental Activities
Exchange Activities
(a) is the study of individual economic units
