1. Introduction to Economics

Economics As A Social Science — Quiz

Test your understanding of economics as a social science with 5 practice questions.

Practice Questions

Question 1

In economics, why is the discipline considered a social science?

Question 2

What is scarcity?

Question 3

Which statement best describes an opportunity cost?

Question 4

Which is the best example of positive economics?

Question 5

Which is the best example of normative economics?