Practice Questions

Adam Smith, Book 1, Ch. 7, Natural Price and Market Price Practice Questions

Submit
Skip to Next Lesson
Back to video
Submit

Great Economists Classical Economics and Its Forerunners

Course (112 videos)

Before Adam Smith, Part 1
Galileo and the theory of value
Practice Questions
School of Salamanca
Practice Questions
Why did economics develop so slowly?
Isaac Gervaise
Practice Questions
Cesare Beccaria
Practice Questions
Montesquieu
Practice Questions
Introduction to Mercantilism
Practice Questions
Nicholas Barbon
Practice Questions
Sir William Petty
Practice Questions
Bernard Mandeville
Practice Questions

Before Adam Smith, Part 2
John Law
Anne-Robert-Jacques Turgot
Practice Questions
Richard Cantillon
Practice Questions
Francois Quesnay
Practice Questions
David Hume on interest
Practice Questions
David Hume on the balance of trade
Practice Questions
David Hume on public debt
Practice Questions
David Hume on money
Practice Questions
David Hume on taxes
Practice Questions
Which ideas were developed in early classical economics?
Practice Questions

Adam Smith
Life of Adam Smith
Practice Questions
Adam Smith, Theory of Moral Sentiments
Adam Smith’s Theory of Growth
Practice Questions
What I learned from Adam Smith
Adam Smith and the Industrial Revolution
Practice Questions
Adam Smith, Intro to Wealth of Nations

Wealth of Nations, Book One
Adam Smith, Book 1, Ch 1, Division of Labor
Practice Questions
Adam Smith, Book 1, Ch. 2, Truck and Barter
Practice Questions
Adam Smith, Book 1, Ch. 3, Extent of the Market
Adam Smith, Book 1, Ch. 4, Origin and Use of Money
Practice Questions
Adam Smith, Book 1, Ch. 5, Real and Nominal Price
Practice Questions
Adam Smith, Book 1, Ch. 6, Component Parts of Price
Practice Questions
Adam Smith, Book 1, Ch. 7, Natural Price and Market Price
Practice Questions
Adam Smith, Book 1, Ch. 8, Wages of Labor
Practice Questions
Adam Smith, Book 1, Ch. 9, Profits of Stock
Practice Questions
Adam Smith, Book 1, Ch. 10, Inequalities of Wages
Adam Smith, Book 1, Ch. 11, Rent of Land
Practice Questions
Adam Smith, Book 1, Ch. 11, Digression on Silver
Practice Questions

Wealth of Nations, Book Two
Adam Smith, Book 2, Ch. 1, Nature and Division of Stock
Adam Smith, Book 2, Ch. 2, Of Money
Practice Questions
Adam Smith, Book 2, Ch. 3, Unproductive Labor
Practice Questions
Adam Smith, Book 2, Ch. 4, Interest and Usury
Practice Questions
Adam Smith, Book 2, Ch. 5, Employment of Capitals
Practice Questions

Wealth of Nations, Book Three
Adam Smith, Book 3, Ch. 1, Progress of Opulence
Adam Smith, Book 3, Ch. 2, Discouragement of Agriculture
Adam Smith, Book 3, Ch. 3, Cities and Towns
Practice Questions
Adam Smith, Book 3, Ch. 4, Towns and Country
Practice Questions

Wealth of Nations, Book Four
Adam Smith, Book 4, Ch. 1, Mercantile Systems
Practice Questions
Adam Smith, Book 4, Ch. 2, Restraints Upon Production
Practice Questions
Adam Smith, Book 4, Ch. 3, 4-5
Practice Questions
Adam Smith, Book 4, Ch. 6, Commerce Treaties
Adam Smith, Book 4, Ch. 7, Of Colonies
Practice Questions
Adam Smith, Book 4, Ch. 8, Mercantile Conclusions
Practice Questions
Adam Smith, Book 4, Ch. 9, Agricultural Systems
Practice Questions
Adam Smith, Book 4, Digression on Corn
Practice Questions

Wealth of Nations, Book Five
Adam Smith, Book 5, Ch. 1, pt. 1, Expense of Defense
Practice Questions
Adam Smith, Book 5, Ch. 1, pt. 2, Expense of Justice
Practice Questions
Adam Smith, Book 5, Ch. 1, pt. 3, Public Works
Practice Questions
Adam Smith, Book 5, Ch. 1, pt. 3, article 2, Education of Youth
Practice Questions
Adam Smith, Book 5, Ch. 1, pt. 3, article 3, Religious Instruction
Practice Questions
Adam Smith, Book 5, Ch. 1, pt. 4, Expense of the Sovereign
Practice Questions
Adam Smith, Book 5, Ch. 2, pt. 1-2, Sources of the Public Revenue
Practice Questions
Adam Smith, Book 5, Ch. 2, pt. 3, article 4, Taxes on Commodities
Practice Questions
Adam Smith in the Custom House
Practice Questions

After Adam Smith, Part One
Condorcet
Practice Questions
Jean-Baptiste Say
Practice Questions
Malthus on population
Practice Questions
Malthus on demand
Jeremy Bentham on government debt
Practice Questions
Introduction to Ricardo
Ricardo on rent
Life of Robert Torrens
Practice Questions
Robert Torrens and sliding tariffs
Practice Questions
Robert Torrens on strategic trade policy
Practice Questions
Henry Thornton
Practice Questions
Mountifort Longfield
Practice Questions
Edward Gibbon Wakefield
Practice Questions

After Adam Smith, Part Two
Frederic Bastiat on the Seen and Unseen
Practice Questions
Frederic Bastiat and the Candlemakers’ Petition
Practice Questions
John Stuart Mill, terms of trade
Practice Questions
J.S. Mill on money and demand
Practice Questions
Life of John Stuart Mill
Mill on Bentham
How the Dismal Science Got Its Name
Practice Questions
Friedrich List
Practice Questions
Cournot
Practice Questions
Dupuit
Practice Questions
Von Thunen
John Snow
Eugen Slutsky
Practice Questions

Practical issues faced by the classical economists
Economists in Parliament
The debates over debt
Practice Questions
Bullionist debates, Part I
Practice Questions
Bullionist debates, Part II
Practice Questions
Living standards during the Industrial Revolution
Practice Questions
The Poor law debates
Practice Questions
The Machinery question
Practice Questions
The Corn Law debates
Practice Questions
Peel’s Act of 1844 and the Currency School
Practice Questions
The India question
Practice Questions

Friedrich A. Hayek’s Individualism and Economic Order
Hayek on Individualism and Spontaneous Order
Practice Questions
Hayek on Economics and Knowledge
Practice Questions
Hayek on Social Science Facts
Practice Questions
Hayek on the Use of Knowledge in Society
Practice Questions
Hayek on Competition and Discovery
Practice Questions
Profit and Loss Calculation
Practice Questions
Hayek on Socialist Calculation
Practice Questions
Hayek on the Gold Standard and Commodity Reserve Currency
Practice Questions
Hayek on the Ricardo Effect
Practice Questions
Hayek on Interstate Federalism and Free Trade
Practice Questions
Hayek on Free Enterprise
Practice Questions
What I Learned from Hayek
Practice Questions

Exam
Great Economist Exam