Great depression happened in the year
1920's
1930's
1940's
1950's
The book gave a detailed assessment of great depression
wealth of nations
principles of economics
macro economics
General theory of employment interest and money.
First economist provided a scientific examination on causes and consequence of depression
Lional Robbins
Amarya Sen
Ashok Chakraborty
J.M. Keynes
Scarcity definition of economics was propounded by _____
Marshall
Pigou
Adam Smith
The method of deriving theories arrived by logical reasoning is known as
inductive method
deductive method
indicative method
none of these
State whether economics is
positive science only
normative
a science but not art
can be a science or an art depending on for what purpose it is used.
Which one of the topic not covered under the purview of economics?
inflation
numismatics
unemployment
industry
Deductive method is otherwise known as
abstract method
a prior method
a and b
"Economics is what economist does" . This definition of economics was developed by
Jacob Viner
Alfred Marshall
Amartya Sen
Positive economics deals with all except
facts
data
figures
stories
