PPSC FPSC Lecturer Economics Online Test 33 Solved MCQs

Lecturer Economics 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.

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There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
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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
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You have 20 minutes to pass to the quiz.

PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 33

1 / 25

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

2 / 25

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

3 / 25

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

4 / 25

Who wrote "Economics of Imperfect Competition"?

5 / 25

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

6 / 25

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

7 / 25

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

8 / 25

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

9 / 25

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

10 / 25

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

11 / 25

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

12 / 25

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

13 / 25

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

14 / 25

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

15 / 25

Who used the term consumption capital for consumers goods?

16 / 25

Identify the work by Amartya Sen:

17 / 25

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

18 / 25

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

19 / 25

Identify the work of Irving Fisher:

20 / 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"?

21 / 25

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

22 / 25

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

23 / 25

J.M. Keynes

24 / 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:

25 / 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."

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