PPSC FPSC Lecturer Economics Online Test 33 Solved MCQs

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 33
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.


1 / 25

J.M. Keynes

2 / 25

Whose words are these? "We might as reasonable dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper as whether value is governed by utility or cost of production."

3 / 25

At which university was W.W. Leontief appointed Professor of Economics in 1946?

4 / 25

Who among the following economists is not a Noble Prize winner?

5 / 25

The Cambridge School refers to the group of English economists who came under the influence of:

6 / 25

Gunnar Myrdal was awarded Noble Prize for Economics in 1974. What is his nationality?

7 / 25

Who started explicitly for the first time the Law of Comparative Costs in the context of the theory of international trade?

8 / 25

Who used the term consumption capital for consumers goods?

9 / 25

Who wrote "Economics of Imperfect Competition"?

10 / 25

Who coined the phrase 'a temporary abode of purchasing power' while explaining the concept of money?

11 / 25

The Communist Manifesto, written jointly by Marx and Engel's, was published in:

12 / 25

Who wrote "There are no longer any believers in Laissez-faire except on the lunatic fringe the truth is that we are all planners now"?

13 / 25

Identify the work by Amartya Sen:

14 / 25

Which one of the following has been the most influential work of F.H. Knight?

15 / 25

Who first formulated the Revealed Preference Approach to free the theory of consumer behavior from the constraint of traditional concept of utility?

16 / 25

Who introduced the concept of "Elasticity of Demand into Economic Theory"?

17 / 25

In which year was the first volume of Das Capital be Karl Marx published?

18 / 25

Identify the nationality of the 1997 Economics Noble Prize winner Bertil Ohlion:

19 / 25

Though the concept of consumers surplus can be traced back to the French Engine economist Dupuit, It was another economist who gave a precise formulation stating the necessary assumption of this concept. Identify the economist:

20 / 25

Who stated explicitly for the first time the law of comparative costs?

21 / 25

"The Modern or Neo-Keynesian Theory of Interest" owes it development largely to the efforts of:

22 / 25

Identify the work of Irving Fisher:

23 / 25

The Critique of Political Economy, the first fruits of Karl Marx's long painstaking research at the British Museum, appeared in

24 / 25

Which of the following is not the work of Paul A. Samuelson?

25 / 25

In which year was Paul A. Samuelson awarded the Nobel Prize for Economics?

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