Influential Economic Thinkers Quiz

Test your knowledge on key figures in economics! Who's the father of modern economics? Who proposed the theory of comparative advantage? Find out now!

#1

Who is considered the father of modern economics?

John Maynard Keynes
Adam Smith
Karl Marx
Milton Friedman
#2

Which economist is associated with the concept of 'invisible hand'?

Friedrich Hayek
John Maynard Keynes
Adam Smith
Milton Friedman
#3

Who is often referred to as the 'father of capitalism'?

Adam Smith
Karl Marx
John Maynard Keynes
Milton Friedman
#4

Which economist is known for his theory of supply-side economics?

Friedrich Hayek
John Maynard Keynes
Milton Friedman
Arthur Laffer
#5

Who developed the theory of comparative advantage?

John Maynard Keynes
Adam Smith
David Ricardo
Karl Marx
#6

Which economist is known for his theory of the 'Laffer Curve'?

Arthur Laffer
John Maynard Keynes
Adam Smith
Milton Friedman
#7

Which economist developed the 'Quantity Theory of Money'?

Milton Friedman
John Maynard Keynes
Karl Marx
Adam Smith
#8

Who is known for the concept of 'opportunity cost'?

Milton Friedman
John Maynard Keynes
Friedrich Hayek
David Ricardo
#9

Who is known for the concept of 'economic man'?

John Maynard Keynes
Friedrich Hayek
Adam Smith
Paul Samuelson
#10

Which economist is associated with the 'Tragedy of the Commons'?

Milton Friedman
Garrett Hardin
John Maynard Keynes
Adam Smith
#11

Who is known for developing the 'theory of rent'?

Adam Smith
David Ricardo
John Maynard Keynes
Milton Friedman
#12

Who wrote the book 'The General Theory of Employment, Interest, and Money'?

Friedrich Hayek
John Maynard Keynes
Karl Marx
Adam Smith
#13

Who is the author of the book 'Das Kapital'?

Adam Smith
Karl Marx
John Maynard Keynes
Milton Friedman
#14

Which economist is associated with the concept of 'creative destruction'?

Joseph Schumpeter
Milton Friedman
John Maynard Keynes
Karl Marx
#15

Which economist is associated with the 'theory of the firm'?

John Maynard Keynes
Ronald Coase
Adam Smith
Milton Friedman
#16

Who developed the 'Austrian School' of economics?

Ludwig von Mises
Karl Marx
Adam Smith
John Maynard Keynes
#17

Which economist is known for his theory of 'rational expectations'?

Milton Friedman
John Maynard Keynes
Friedrich Hayek
Paul Samuelson
#18

Who proposed the 'theory of market efficiency'?

Milton Friedman
John Maynard Keynes
Eugene Fama
Adam Smith
#19

Who is known for the concept of 'liquidity trap'?

Milton Friedman
John Maynard Keynes
Friedrich Hayek
Irving Fisher
#20

Which economist is associated with the 'theory of monopolistic competition'?

Paul Samuelson
Milton Friedman
Edward Chamberlin
John Maynard Keynes
#21

Who proposed the 'rational expectations hypothesis'?

John Maynard Keynes
Milton Friedman
Friedrich Hayek
Robert Lucas Jr.
#22

Who is known for his work on 'bounded rationality'?

Herbert Simon
Milton Friedman
John Maynard Keynes
Friedrich Hayek
#23

Which economist is associated with the 'theory of perfect competition'?

Milton Friedman
John Maynard Keynes
Adam Smith
Edward Chamberlin
#24

Who is known for his contribution to 'game theory'?

John Nash
Milton Friedman
John Maynard Keynes
Friedrich Hayek

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