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Exploring Economics: A Quiz on Economic Thought and Contributions

This quiz assesses your knowledge of key concepts, figures, and events in the field of economics, covering historical and contemporary contributions.

1 and Jha,K.N "the pioneer economist of the world" was ________ (c.

2 An economist is an expert in the social science of ________.

3 Most major universities have an economics faculty, school or department, where ________ are awarded in economics.

4 The Nobel Memorial Prize in Economics, established by ________ in 1968, is a prize awarded to economists each year for outstanding intellectual contributions in the field of economics.

5 However, many prominent economists come from a background in mathematics, engineering, ________, law, sociology, or history.

6 As well, a person can gain the skills required to become a professional economist in other related disciplines, such as statistics or some types of ________, such as mathematical finance or game theory.

7 [13] ________ (431-355) also wrote extensively on the Athenian economy in his work Economics. [14] According to Jha,L.K.

8 Early economists were found in the Ancient Greek world, with ________ (382-322 BC) expounding in his work Topics on the topic of human production and further examining the topic in Politics.

9 They receive their awards (a prize amount, a gold medal and a diploma) on December 10, the anniversary of ________'s death.

💡 Interesting Facts

  • British free market economist Ralph Harris, considered to be an architect of Thatcherism, became a life peer shortly after Margaret Thatcher became Prime Minister, but sat on the cross-benches in the House of Lords to show his political independence.
  • Harriet Holter, an economist by education, has been described as a pioneer of women's studies in the Nordic countries.
  • in terms of political ideology, American economists tend to be liberal.
  • most staff in the Australian Government's Department of Post-War Reconstruction were young economists who had been conscripted into the Australian Public Service during World War II.
  • Nobel Prize Economist Robert Lucas estimated that the welfare costs of the business cycle in terms of social welfare are negligible.
  • economist J. C. Kumarappa coined the term Gandhian economics to describe a school of thought based on Gandhism.
  • British economist Gilbert Slater suggested in the Madras Legislative Council that a committee be appointed to investigate the introduction of a common script for the Madras Presidency.
  • Cuban economist Felipe Pazos was ordered to be executed by Raúl Castro in 1959, but was ultimately spared and allowed to leave the country.
  • economist John Kenneth Galbraith called The Go-Go Years, a book by John Brooks about Wall Street's speculative bubble in the 1960s, "a small classic in the history of financial insanity".
  • African American economist Abram Lincoln Harris was a four-time recipient of the Guggenheim Fellowship in economics.