Chapter 1 ECONOMICS MCQs

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1. . Which economist is known as the father of economics?





2. . The book “wealth of nations” was written in …………..?





3. . How many school of thoughts in the economics?





4. . There are …………..aspects of Adam Smith’s book:





5. . Who is the pioneer of classical school of thought?





6. . Who is the pioneer of neo-classical school of thought?





7. . When Alfred Marshall wrote his book “principles of economics”?





8. . Who criticized Marshall’s definition of economics?





9. . Robbin’s institute was:





10. . Professor Robbin belongs to:





11. . Whether Economics is science or/and art?





12. . Macro Economics analyzes the decisions made by………?





13. . Micro Economics studies the decisions made by………?:





14. . Importance of studying economics is/are?





15. . It is essential for technicians that along with technical skills, they also have the knowledge of……………for their success in industry?





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