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. What did Marx's father hope he would study?

2. It was rumored that Veblen was fluent in how many languages?

3. Veblen attacked the rich as he looked for what he called the __________. (fill in the blank)

4. In what year did Keynes publish his Tract on Monetary Reform?

5. What book did Schumpeter write while working for an Egyptian princess?

Short Essay Questions

1. What was Francis Ysidro Edgeworth's theory?

2. What kind of tax did Henry George propose?

3. What was Veblen's theory about the Savage Society?

4. Why did Thorstein Veblen feel compelled to write about American economics?

5. How did Frederic Bastiat ridicule economics?

6. What was the basic focus of Marx's Capital?

7. What were Veblen's views on capitalism in The Theory of Business Enterprise?

8. What was the economic situation in the early 1900's in America?

9. What is Joseph Schumpeter's background?

10. What is the background of John Maynard Keynes?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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

Essay Topic 2

Use at least four of the worldly philosophers to discuss this statement: "History is basically the history of changes that take place in thinking and economics is basically a theory of historical movement."

Essay Topic 3

Both Malthus and Ricardo painted dreary pictures of the economic situation of their times. Discuss their individual theories and how they differed, as well as how the men themselves differed. Use specific evidence from the book to support your analysis.

(see the answer keys)

This section contains 872 words (approx. 3 pages at 300 words per page) View a FREE sample