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Hıstory of Economıc Thought (ENG)

Deneme Sınavı Soruları

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  1. 1

    Which of the following is one of Adam Smith's famous works that was published in 1759?

  2. 2

    Choose the option that completes the following sentence correctly.

    "The birth of the Classical political economy coincides with one of the most important economic and technological transformations experienced in human history, namely the .........."

  3. 3

    Choose the option that completes the following sentence correctly.

    "In macroeconomics, the term .......... is usually understood as denoting the 'Neoclassical School' with particular emphasis on the neutrality of money."

  4. 4

    According to Keynes, the name Malthus is a derivative of which of the following?

  5. 5

    Which of the below shows the length of the Chartist movement?

  6. 6

    I.Ricardo’s value theory was intended as a correction of Smith’s “labor command theory”, for it cannot explain the determination of natural prices.

    II.Ricardo's labor theory of value aims at evaluating the effects of changes in distributive shares, especially wages.

    III.For Ricardo, political economy is concerned mainly with the income of individuals.

    What can be said to be true about Ricardo's economic theories?

  7. 7

    when was the communist league established?

  8. 8

    When we consider the following formula, what does "W" stand for?

    w = c + v + s

  9. 9

    Choose the option that completes the following sentence correctly.

    "Adam Smith can be seen as the founder of an independent economic science that has its own subject matter and an exclusive analytical structure, developed in his book .......... in 1776."

  10. 10

    Choose the option that completes the following sentence correctly.

    "Although ......... himself did not use the terms 'historical materialism' or the 'materialist conception of history', this term can be taken as a convenient shorthand description for his views."

  11. 11

    As a historian, Ibn Khaldun had a strong tendency towards the _________________ and dialectical conception of history.

  12. 12

    Choose the option that completes the following sentence correctly.

    "The notion of .......... is closely related to Marx’s other, latter notion that he put forward in Capital, namely, commodity fetishism."

  13. 13

    I. Adam Smith can be seen as the founder of an independent economic science that has its own subject matter and an exclusive analytical structure, developed in his book The Wealth of Nations in 1776.

    II.  One of his most important contributions is, of course, the notion of “General Glut” which is still important for both economics and other social sciences.

    III. In the Wealth of Nations, on the other hand, Smith laid down the analytical foundations of political economy, some of which are still important for economics as well.

    What can be said to be true about Adam Smith?

  14. 14

    Choose the option that completes the following sentence correctly.

    "During the early days of the 1848 Revolutions, Marx’s and Engels’s most important work was the .........."

  15. 15

    According to Marx, only labor is capable of producing a quantity of value that is greater than its own value. If the worker produces its own value within a portion of the working day (say, 5 hours on an 8-hour basis), the remaining portion will go to the production of _______________ (the remaining 3 hours).

  16. 16

    For Rousseau, the grounding principles of political economy are ‘........’, ‘........’ and ‘.........’ which suggest a self-sufficient and autarchic economic model that presupposes the small-scale private property as a rule.

  17. 17

    It is a fundamental philosophical thought and knowledge structure, shaped mainly by Catholic Christian moral teaching, which governed the social, political, legal, and economic institutions and relations peculiar to the feudal society.

    Which term is explained above?

  18. 18

    I. Classical school in many ways was the forerunner of the Neoclassical school, differences notwithstanding. First of all, the “scientific” stature of political economy was established by the Classical School.

    II. Second, the idea of the invisible hand still occupies the most significant place in our understanding of the functioning of a market economy and individual behavior. 

    III. Third, the questions they raise, such as the nature and working of a capitalist economy, mechanics of production, and capital accumulation processes have since become irrelevant in economics.

    What can be said to be true about the relationship between the Classical school and the Neoclassical school?

  19. 19

    Choose the option that completes the following sentence correctly.

    "Marx distinguishes between two compositions of capital: the 'organic' composition and the '..........' composition."

  20. 20

    I. William Stanley Jevons,

    II. Carl Menger

    III. Leon Walras

    IV. John Maynard Keynes

    Which of the above are mostly dealt with microeconomic issues?

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