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Important Questions for "History of Economic Thought":

[1]

  1. Define wealth according to Kautilya.
  2. State the philosophy of Adam Smith.
  3. Explain the main economic thoughts of Pigou.

[2]

  1. Discuss the contribution of Mahadev Govind Ranade in the history of Economic thought.
  2. Discuss the Arthashastra of Bhishma.
  3. Examine the main features of Indian Economy as described by Ramesh Chandra Dutt.

[3]

  1. Assess Karl Marx's place in the history of economic thought.
  2. Clarify J.B. Say's law of markets.
  3. Explain Keynes' marginal propensity to consume.

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