View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. One of the featured economists was never more than what?

2. According to Malthus, the size of the population is limited by what?

3. According to Heilbroner, economists changed the world not through __________, but through power of their ideas. (fill in the blank)

4. What was Ricardo's job?

5. What has played a central role in population control in the Western hemisphere?

Short Essay Questions

1. How did the Corn Laws benefit the landowners?

2. Why did opponents of humanitarian legislation propose Smith's idea of laissez-faire?

3. What does Heilbroner say in his introduction that the worldly philosophers did "quietly and inconspicuously"?

4. What does Heilbroner say that economists provide?

5. What were the beliefs of the Saint-Simonians?

6. What was the premise of Adam Smith's first book, The Theory of Moral Sentiments?

7. What was the market system?

8. How did Charles Fourier propose to reorganize the Earth he believed was characterized by chaos and unhappiness?

9. What is the difference between markets and the market system?

10. What does Heilbroner say is the core of economics?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Who were the Utopian Socialists and what was the significance of their economic theories? Describe this group of thinkers and their contributions to economic theory and thought.

Essay Topic 2

What was the main thrust of The Communist Manifesto, and why did it have such a long-term impact on society?

Essay Topic 3

What did Keynes discover about what caused the business cycles, the alternating periods of prosperity and depression or boom and bust? What role does nervous hysteria play in these cycles?

(see the answer keys)

This section contains 871 words (approx. 3 pages at 300 words per page) View a FREE sample