In deductive method, logic process from
particular to general
particular to the whole
general to particular
whole to the particular
Father of Economics is _____
Karal Marx
Mussolini
J.B. Say
Adam Smith
Growth definition of economics was formulated by ____
Lional Robbins
Samuelson
Pigou
Which method uses data collection for making generalizations?
sensitive method
deductive method
inductive method
all of these
Great depression happened in the year
1920's
1930's
1940's
1950's
The term economics derived from the Greek terms namely _________
oikou
nomos
oikou and nomos
none of these
Wealth definition was formulated by ______
Keynes
Samuleson
Amartya sen
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.
The main branches of economics are ________
micro economics
macro economics
a & b
Father of modern eocnomics.
Amartya Sen
J.M. Keynes
