What is known as the study of individual units?
  • Macroeconomics
  • Microeconomics
  • Income and Employment Theory
  • Development economics
What is the main cause of all economic problems?
  • Abundance
  • Convenience
  • Scarcity
  • None of these
Study of aggregates is known as _________
  • Macroeconomics
  • Microeconomics
  • Price theory
  • Factor price determination
What is the name of the book written by J.M. Keynes?
  • Wealth of Nation
  • Political economy
  • The General Theory of Employment, Interest and Money
  • None of these
When was the famous book of Prof. Keynes published?
  • 1930
  • 1931
  • 1936
  • 1940
When did the great depression occur?
  • 1929-30
  • 1934-35
  • 1938-39
  • 1941-42
Who is known as the father of modern macroeconomics?
  • Adam Smith
  • J.M.Keynes
  • Samuelson
  • Hicks
Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?
  • Microeconomics
  • Price theory
  • Factor price determination
  • Macroeconomics
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