Exploring the Origins of Economics
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Questions and Answers

Who coined the terms 'Micro' and 'Macro' economics?

  • Karl Marx
  • Adam Smith
  • Ragnar Frisch (correct)
  • Alfred Marshall

    • Which term means 'management of households'?

  • Political Economy
  • Economics (correct)
  • Physiocracy
  • Mercantilism

    • Who is known as the father of Classical Economics?

  • David Ricardo
  • Adam Smith (correct)
  • Karl Marx
  • Alfred Marshall

    • Which school of thought includes economists like Gunnar Myrdal and Thorstein Veblen?

    <p>Institutional Economics</p> Signup and view all the answers

    Who is associated with Indian Economic Thought II?

    <p>Nehru</p> Signup and view all the answers

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