Introduction to Economics and the Economic Problem quizzes
172 quizzes by 150 users · Page 1 of 5
This page gathers user-made quizzes on scarcity, opportunity cost and production possibilities. School students, university students and professional candidates can practise these topics, while teachers can find ready-made questions. With over 120 quizzes from over 100 users, the collection spans school and university level; choose a quiz to begin.
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- Economics as a Social Science45
- Microeconomics and Macroeconomics48
- Ten Principles of Economics35
- Needs, Wants, Goods and Services29
- Scarcity, Choice and Opportunity Cost240
- Factors of Production and Specialisation105
- Production Possibilities Frontier55
- Economic Systems50
- Economic Activity and the Circular Flow of Income44
- Supply and Demand16
Quizzes
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130 questionsEC201 Final Exam Which of the following statements is associated with normative analysis, rather than positive analysis?
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110 questionsQuiz #1 - Full [Only 10 questions per variant] When the government redistributes income with taxes and welfare, the economy becomes more efficient.
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40 questionsEconomics Final Exam [Chap. 1-2] Government policies designed to promote efficiency:
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21 questionsECON 1010 Quiz Terms(Chapter 1) Reviewing the ones I got wrong.
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25 questionsSection 1 & Section 2 MCQs Which of the following is the MAJOR problem facing all economies?
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20 questionsHW 1 ECON a
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200 questionsEconomics Final part 1 Which of the following is a principle concerning how people interact?
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198 questionsEconomic_Final Government policies designed to promote efficiency:
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169 questionsECONOMICS 1. The scientific method can best be defined as
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151 questionsEconom Economics is best defined as the study of of how people, businesses, governments, and societies make choice...
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100 questionsSample Final Exam What is the strongest argument for why we need more economists today than ever before?
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164 questionsUntitled Assume a toy company hires an additional worker to assemble toys, and the size of the factory and amount of...
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100 questionsEcon Exam 1 - Chapter 1 - 7 When economists speak of scarcity, they are referring to the
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75 questionsEC 205 Final Exam Study Because of scarcity...
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45 questionsIVAN ECON 2018 MC 1. Which of the following statements about a planned economy is correct?
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100 questionsMicro Scarcity exists when
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100 questionsAGEC 1103 Final Practice Exam 1. In economics, scarcity refers to the situation of:
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97 questionsEconomics Government policies designed to promote efficiency:
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45 questionsIVAN ECON 2014 MC 1. A famous football team, Manchester United, visited Hong Kong for a friendly match. The day before the ma...
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61 questionsMacro Hourly 1 This is a review of the lessons and notes from Naples ECO 102 course to help me prepare for my first exam f...
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122 questionsEC 101 Final Exam
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90 questions///// 1. Government policies designed to promote efficiency:
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69 questionsUntitled All of the following are macroeconomic goals EXCEPT?
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124 questionsEcon 125 Final Exam
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45 questionsIVAN ECON 2020 MC 1. If a command economy turns into a market-oriented economy, (1) the income distribution of the economy wi...
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50 questionsPE Chapter 1: The Economic Approach "Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economi...
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60 questionsQuiz #2/3 [MCQ | Chapters 1-3] Which of the following involve a trade-off?
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100 questionsEcon 104 1) Which of the following is not one of the questions that all economies must answer?
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78 questionsECON test 2 The profit maximizing production point for a business firm occurs when
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50 questionsChapters(1-5) Government policies designed to promote efficiency:
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54 questionsEconomics Midterm
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59 questionsUnit 1 Review Economics is the
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52 questionsEconomy 202 Final Economists focus on problems arising from the fact that
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35 questionsIVAN ECON MC: Book 1 Ch 1: Wahat is Economics? 1. The existence of scarcity implies that (Sample paper Q.1)
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20 questionsEconomics: Basics
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50 questionsAGEC 1103 Midterm Study Guide Which of the following statements is true?
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50 questionsMacroeconomics Exam 1 Which of the following statements about markets is most accurate?
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37 questionsEcon Suppose y is measured on the vertical axis, x is on the horizontal axis, and the various combinations of x ...
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37 questionsCh 1 HW When the federal gov't crafts environmental policies that make it less expensive for firms to follow green ...
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77 questionsQuiz for Basic Microeconomics is the efficient allocation of the scarce means of production toward the satisfaction of human wants.
More Introduction to Economics and the Economic Problem resources
About introduction to economics and the economic problem quizzes
GoConqr OriginalIntroduction to Economics and the Economic Problem quizzes
These quizzes offer questions on choices, scarcity, opportunity cost and economic systems. Microeconomics Midterm Review includes questions on scarcity and factors of production. Tutorial 2 - ECO120 asks about microeconomics and opportunity cost, while Section 1 & Section 2 MCQs includes questions about economies and decisions.
How to use the quizzes
Start with Microeconomics Midterm Review if you want to practise scarcity and the economic problem. For questions focused on opportunity cost, try Tutorial 2 - ECO120. You can also explore Production Possibilities Curves when you are ready to practise that topic.
After a quiz, note the questions you found difficult and revisit those ideas. If you want a different way to study them, switch to a mind map or notes on the unit page, then return to a quiz. Pick a topic and give it a try.
Frequently asked questions
Which quiz is a good place to start?
Microeconomics Midterm Review is a useful starting point for questions on scarcity, the economic problem and factors of production. If you want to focus on opportunity cost instead, Tutorial 2 - ECO120 includes questions on that topic as well as microeconomics.
What topics do the quizzes cover?
The listed questions cover scarcity, choices, opportunity cost and economic systems. Section 1 & Section 2 MCQs includes questions about economies and decisions. The collection also includes Production Possibilities Curves, alongside quizzes with broader chapter and exam review titles.
Who are these quizzes for?
The collection includes school and university-level material. School students, university students and professional candidates can use the questions to practise topics such as scarcity and opportunity cost. Teachers can also find ready-made quizzes to explore. The resources were made by GoConqr users.
Are the quizzes free to use?
Yes. Every quiz listed here is free to open, study and take without an account. A free account also lets you save quiz scores and make your own quizzes, mind maps, flashcards and notes. The listed quizzes were created by GoConqr users.