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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Who is called father of economics?
- A. Marshall
- B. Adam Smith
- C. Ricardo
- D. Keynes
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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
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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