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Economists & Economic Theories Quiz

Economists & Economic Theories Quiz

12 questions · Unlimited attempts · Free online practice

Economics has been shaped by influential thinkers whose theories have guided governments, businesses, and policymakers. Adam Smith's 'The Wealth of Nations' established the foundat...

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All 12 questions in this Economists & Economic Theories quiz
  1. Which Indian economist and philosopher won the Nobel Prize in Economics in 1998 for his work on welfare and poverty?

    • A. Manmohan Singh
    • B. Jagdish Bhagwati
    • C. Kaushik Basu
    • D. Amartya Sen
  2. Which economist wrote 'The Road to Serfdom' - a critique of central planning and socialist economics?

    • A. Ludwig von Mises
    • B. Murray Rothbard
    • C. Wilhelm Rpke
    • D. Friedrich Hayek
  3. Which economist wrote 'The General Theory of Employment, Interest and Money' (1936)?

    • A. Irving Fisher
    • B. Arthur Pigou
    • C. Alfred Marshall
    • D. John Maynard Keynes
  4. Which economist wrote 'Das Kapital' - a critique of capitalism and foundation of Marxist economics?

    • A. Friedrich Engels
    • B. Ferdinand Lassalle
    • C. Pierre-Joseph Proudhon
    • D. Karl Marx
  5. Which Nobel Prize-winning economist wrote 'The General Theory' and also devised the concept of 'Animal Spirits'?

    • A. Arthur Pigou
    • B. Alfred Marshall
    • C. Irving Fisher
    • D. John Maynard Keynes
  6. Which economist wrote 'The Affluent Society' - arguing that private affluence coexists with public squalor in America?

    • A. Alvin Toffler
    • B. Robert Reich
    • C. Paul Samuelson
    • D. John Kenneth Galbraith
  7. Which economist wrote 'The Worldly Philosophers' - a history of economic thought for general readers?

    • A. John Kenneth Galbraith
    • B. Paul Samuelson
    • C. Lester Thurow
    • D. Robert Heilbroner
  8. Which economist won the Nobel Prize for his work on 'Management of Common Pool Resources' - challenging the tragedy of the commons?

    • A. Elinor Ostrom
    • B. Garrett Hardin
    • C. Vincent Ostrom
    • D. Oliver Williamson
  9. Which economist is associated with the concept of 'Comparative Advantage' in international trade?

    • A. Adam Smith
    • B. John Stuart Mill
    • C. Thomas Malthus
    • D. David Ricardo
  10. Who is called father of economics?

    • A. Marshall
    • B. Adam Smith
    • C. Ricardo
    • D. Keynes
  11. Which 20th-century economist is famous for predicting in 1930 that by 2030 humans would work only 15 hours epeer week?

    • A. John Kenneth Galbraith
    • B. Joseph Schumepeeter
    • C. Bertrand Russell
    • D. John Maynard Keynes
  12. Which economist is known for 'The Theory of Moral Sentiments' as well as 'The Wealth of Nations'?

    • A. David Hume
    • B. Jeremy Bentham
    • C. Francis Hutcheson
    • D. Adam Smith