MGT 331
Management
Chapter 1 : Economics
DAE Common with TECHNOLOGIES: | Third Year
Computer Information Technology
Short Questions
Questions: 1 to 15
1. What are different school of thoughts in economics? 2. Narrate Adam Smith’s definition of economics. 3. Who is the father of economics? 4. When and which book was written by Adam Smith? 5. Write four important pillars of economics, stated by Adam Smith. 6. When and which book was written by Alfred Marshall? 7. Write three merits of Alfred Marshall definition of economics. 8. Write definition of “economics” by Professor Robbins. 9. What is meant by scope of economic? 10. Whether economics an art or science, explain? 11. Write three importance of study of economics. 12. What is the difference between “consumption of wealth” and “production of wealth”? 13. When and which book was written by Professor Robbins? 14. From which country, Robbins belongs? 15. Differentiate between “macro & micro economics”.
21/05/2025 Completed...
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INSTRUCTOR
MUHAMMAD BIN JAMEEL
BSC ENGG. CIVIL