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15 Quiz Questions on Economics

Here are 15 Economics Questions that are provided for your Quiz or Trivia Night at no cost. Scroll to the bottom to see the answers.




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Friedrich August Hayek is associated most closely with which economic school of thought ?

Chicago
Mercantilism
German historical
Austrian
Keynesian

Question Number

In 2001 Joseph E. Stiglitz won the Nobel prize for his work on ... ?

markets with asymmetric information
psychological research into economic science
trade patterns and location

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Complete the names of these economists.. Harry Ma------z Myron Sc----s G--- B--ker J--- S----- M---

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I was born in 1881 and died in 1973. I attended the University of Vienna. I titled my treatise on economics "Human Action". Who an I ? [------ --- -----]

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In 2009 the first woman to win a Nobel prize in economics was ... [El---r O-----]

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What organisation is located on Threadneedle Street ? [--- ---- -- -------]

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who said : I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

Ronald Reagan
Milton Friedman
Margaret Thatcher
Friedrich Hayek

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Described as the basic relationship between scarcity and choice, the cost of choosing between mutually exclusive options is know as ... ? [----------- ----]

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The change in total cost that arises when the quantity produced changes by one unit is called the ... ? [-------- ----]

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The inefficient allocation of resources by a market economy is reffered to as ... ? [M----- F------]

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Also known as a transaction spillover, a cost or benefit not transmitted through prices is known as an ... ? [-----------]

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A measure of relative satisfaction, often plotted on an indifference curve ... ? [-------]

Question Number

Economics was described as the dismal science by ... ? [------ -------]

Question Number

The labor theory of value is most often associated with which school of econimics ?

Marxian
Australian
Keynesian
Neoclassical
German Historical

Question Number

The publishing of what book in 1776 was described as the effective birth of economics as a separate discipline ? [--- ------ -- -------]

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