Who has remarked 'Economics is what economist does'?
Adam Smith
Alfred Marshall
Jacob Viner
Samuelson
An Essay on the Nature and Significance of Economic Science was written by
Adam smith
Lionel Robins
Economic problem arises because of
Abundance of resources
Scarcity of resources
Alternative use of resources
Not using resources
Economics is a science that deals with
Wealth
Individual welfare
Choice
All the above
Macro economics is also known as
Price theory
Income theory
Demand theory
Supply theory
Micro economics is also called
Economic theory
The economist who viewed economics as a science dealing with wealth.
Ricardo
Robbins
Amartya sen
If priority is given to consumer goods production, the economic growth of the country will be
brightened
slowed down
darkened
unchanged
Macro economics gives importance to
Profit and loss
Welfare
National Income
Scarcity definition of economics was given by