Advertisement
Advertisement
Advertisement

Economics Quizzes & Trivia

The demand for quizzes is rapidly growing and yet there is not enough supply yet. We have to solve this issue quickly if we are to increase our profits and gain a huge market share. Competition is becoming increasingly stiff and we have to optimize production and resource allocation in order to increase our sales. You have been appointed as the new manager of this branch and it is your job to put it back on its feet. There are many questions left unanswered and you have to deal with them first.

What was the country whose economy occupied the first position in a list by incremental GDP between 2000 and 2010? Microeconomics analyzes how entities interact within a market to create what? Time to apply all your knowledge on economics.
Top Trending



Questions: 52  |  Attempts: 10846   |  Last updated: Dec 18, 2020
  • Sample Question
    RIBO regulations stipulate that a broker must provide a policy or certificate of insurance to an insured within a certain period of time. What is the length of that period?

Different factors affect the economic status of a country or individual, and one of the most common is the political environment and inflation as a whole. Over the past few weeks, we have covered much about economic and social...

Questions: 10  |  Attempts: 15346   |  Last updated: Jun 15, 2020
  • Sample Question
    "Inflation increases the average level of prices". What does this statement refers to? 1. The price of commodities exceeds income 2. In real terms, the Money supply grows at a higher rate than the Gross Domestic ProductSelect the correct answer

Test Your Economics Knowledge With This Quiz! Human wants are unlimited, but the resources used to meet them are scarce. This, therefore, means that organizations and governments need to know how to use these resources and meet...

Questions: 27  |  Attempts: 12161   |  Last updated: Mar 22, 2021
  • Sample Question
    What is the financial gain made in transactions? 

The Leaving Certificate examinations are an incredibly important part of an Irish student’s life, as they will determine what your academic scope is with regards to how likely you are to get the college course of your...

Questions: 20  |  Attempts: 4254   |  Last updated: Dec 16, 2020
  • Sample Question
    What proteins are found in milk?

GDP, levels of employment, life expectancy and literacy are indicators that measure socio-economic development. This test is taken up by Countries so that they see how well they are doing as compared to the standards they put for...

Questions: 10  |  Attempts: 8759   |  Last updated: Jul 10, 2019
  • Sample Question
    Why is direct taxation considered a better form of taxation?
Advertisement

Advertisement
You May Also Like: Economics Flashcards

Some people want to seek a career in economics but do know much, especially when it comes to the basics of this study. This is an online interactive quiz in Economics meant to test your knowledge in Economics as well as give...

Question:   |  Attempts: 897   |  Last updated: Jul 13, 2021

 

Question:   |  Attempts: 3237   |  Last updated: Jul 1, 2021

There are different things that we get to study when we take up economics as a discipline. Each of the studies has a primary focus that distinguishes it from the others. Do you think that you have what it takes to identify which...

Question:   |  Attempts: 2538   |  Last updated: Jun 28, 2021

An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. In general, it is defined 'as a social domain that emphasize the practices, discourses, and...

Question:   |  Attempts: 255   |  Last updated: May 26, 2021

How well do you know economics vocabulary? Could you pass this quiz? The following are exemplars of the terminology used in economics. In economics, scarcity refers to the state of not having enough of something. Goods are...

Question:   |  Attempts: 422   |  Last updated: May 25, 2021

Economics is key to the consumer. The average consumer can use the basic principles of economics to obtain compensation from the limited resources that are available. Economics helps to incite development and minimize poverty...

Question:   |  Attempts: 38   |  Last updated: May 25, 2021

. Is economics your favorite subject? Do you believe you have learned enough? Would you be willing to take this quiz? Economics can be used in many areas, from college sports to budgeting your income. In this quiz, you will be...

Question:   |  Attempts: 385   |  Last updated: May 25, 2021

Economics affects everyone’s lives. Learning about economics can help you understand the news and make better financial decisions. With this quiz, you must master complex word economics problems, what a consumer is, how...

Question:   |  Attempts: 131   |  Last updated: May 25, 2021

Do you sometimes have difficulty with money matters? Taking this Economics quiz could help. For this quiz, you will have to determine a need or want, what service is, what is a scarce resource, what is labor, any human-made...

Question:   |  Attempts: 490   |  Last updated: May 25, 2021

There are a lot of terms that are used regularly when it comes to economics and students are expected to know them by heart and use them when they go to practice in the different sectors, they will land in. Do you think you can...

Question:   |  Attempts: 1333   |  Last updated: May 25, 2021

How much knowledge of economics do you have? Do you believe you can pass this quiz? With this quiz, you will be responsible for learning what the three factors of production are, what does the production possibility curve show...

Question:   |  Attempts: 35   |  Last updated: May 25, 2021

Do you have an economics exam to pass? This quiz will give you a positive outcome. In economics, GDP stands for Gross Domestic Product, which is the best measure of a country’s economic performance. It represents the...

Question:   |  Attempts: 86   |  Last updated: May 25, 2021

Curions to learn interesting concepts about Economics? Did you know you can benefit from taking this practice test on economics? This quiz may help you—economics studies show people, businesses, and governments make...

Question:   |  Attempts: 94   |  Last updated: May 25, 2021

Exams are the most cricual part of our learning phase, expecially when it is for subject like Economics. Some would agree that economics is challenging at best. If you don’t think so, this quiz can change your mind. For...

Question:   |  Attempts: 635   |  Last updated: May 25, 2021

Economics is a social science that evaluates how people allocate their money, including daily living and planning for their financial future. You will have to be sure about who the national economics council's director is,...

Question:   |  Attempts: 46   |  Last updated: May 25, 2021

Think you are an expert in Economics? Can you ace this economics exam? This quiz is an excellent tool to prove your knowledge and use for practice. Economics is the study or practice of how people interact with value. The...

Question:   |  Attempts: 59   |  Last updated: May 25, 2021

Preparing for an economics exam? This quiz can be helpful to you. With this quiz, you must know what scarcity is, what is a want compared to a need, what is specialization, how does economic growth flourish, what exactly is...

Question:   |  Attempts: 1909   |  Last updated: May 25, 2021

Looking for a comprehensive set of economics questions and answers? Here is the best quiz for you. This quiz pertains to which factor of production affects the other three, what is a factory machine, what is necessary being...

Question:   |  Attempts: 57   |  Last updated: May 25, 2021

Do you have basic knowledge of economics, and do you think you can pass this quiz? When it comes to economics, everyone should know that there are two kinds of economics: macroeconomics and microeconomics. A significant factor...

Question:   |  Attempts: 68   |  Last updated: May 25, 2021

Play our online quiz on the basics of economics and test your knowledge about the most important concepts include the three types of wealth, what is described as a factor of production, the establishment of goods and services...

Question:   |  Attempts: 247   |  Last updated: May 25, 2021

Are you ready to test the basics with this quiz on economics? Do you think you would be able to pass? With this quiz, you must learn the tangible and intangible factors of production, which kind of economy has no government...

Question:   |  Attempts: 76   |  Last updated: May 25, 2021

Do you think you can pass the economics exam? This quiz can assist you with your studies. Corresponding to the examination, you can get an idea of what questions will be on the exam. You should figure out how money is created...

Question:   |  Attempts: 47   |  Last updated: May 25, 2021

Are you eager to take the economics exam? This quiz can initiate excitement for economics. With this quiz, you should appreciate the following topics: how the growth economy is measured, define recession, what has been the...

Question:   |  Attempts: 68   |  Last updated: May 25, 2021

In economics, vocabulary can be anything from tariff to literacy rate. An example of economics vocabulary includes resources. A resource is something of value to us that we can use to produce a good or service. Another example...

Question:   |  Attempts: 38   |  Last updated: May 25, 2021

Are you ready for the economics exam? This quiz may be of assistance. In this quiz, you will have to grasp the concepts, including the goal of the antitrust laws, what is an example of a national monopoly, what type of market...

Question:   |  Attempts: 171   |  Last updated: May 19, 2021