Means: household management

---

1.
The word “
Oeconomicus
” means: household management 
2.
Which of the following methods of economic analysis is used in the study of the history of 
economic doctrines? Deductive and Inductive methods
3.
Where does the economic ideas of Arthashastra belong to? India 
4.
To whom does the famous socio-economic works “the Republic” and “Laws” belong? Plato
5.
To whom does the idea of the "necessity of the division of labor" belong in Asia? Ibn Haldun 
6.
When and where did the generalization of the first economic ideas take place 
7.
An ancient monument illustrating the economic ideas of India? arthashastra 
8.
Which functions of money considered as essential by Xenophon?
9.
Plato divided the population into: 3 groups pylosopies,army,lower level of society 
10.
Economic educators in ancient Rome? Plato 
11.
When did the Confucian works in ancient China come into being?
6th-century BCE 
China
,
551-479 B.C.
12.
Founders of the economic doctrine of ancient Greece?plato and aristotel
13.
“Eat and drink. Give, but do not waste. ” this phrase is stated in ….? Quran
14.
Early ideas in the Arab world explained by? Qurani karim 
15.
Who was Ibn Khaldun Abu Rahman Abu Zayd (1332-1406)? 
Arab sociologist, philosopher 
historian
16.
Who created the doctrine of "fair price"?
Aquinas
17.
In which of Navoi's works are economic ideas expressed? Mahbub-ul-qulub 
18.
In the time of A. Temur`s reign it was allowed to add to the list of imported goods? Yes it was 
allowed
19.
Who used the “Office buzruk” in governing the country? 
20.
Which scholar thought about the ideal state? At the Plato’s time
21.
Author of the term "political economy" 
Greek word Antoine de Montchrestien and 
Aristotele
22.
Who is A. 
Montchrétien
(1565-1621)? 
a French soldier, dramatist, adventurer and 
economist
23.
What is the economic doctrine of the period of initial capital accumulation? 
in Karl Marx's
24.
Which economist supported the state's intervention in the economy? 
John Maynard Keynes
25.
What is mercantilism called in France? 
In France it was known as 
“
Colbertism”
after the name of Colbert, the Finance Minister 
of Louie the XIV
26.
When did the first mercantilism ideas come into being? 16
th
to 18
th
27.
The main goal of the first mercantilism? 
The main goal of first mercantilism was ensure that 
exports exceed imports and to accumulate wealth in the form of bullion. Is to make a 
country strong
28.
How many stages of development occured in mercantilism? 5
29.
Which of them is the policy of mercantilism? 
🔹
to maximize the exports and minimize the 
imports for an economy.
🔹
30.
In what area did mercantilists consider that wealth is created? 
*increasing exports* and so 
involved increasing trade

---

31.
The founders of the school of mercantilism? 
. Jean-Baptiste Colbert: The Mercantile Ideal 
Arguably the most influential proponent of mercantilism, French Controller General of Finance Jean-
Baptiste Colbert (1619-1683) studied foreign-trade economic theories and was uniquely positioned 
to execute these ideas. Thomas Mun , Colbert, Antonio Serra, Edward Misselden 
32.
A representative of the mercantilism that created the first credit bank? 
Jon lokk or 
Alexander Hamilton 
33.
The main idea of the second mercantilism? 
34.
Who is the author of the idea that " labour is the father of wealth and land is his mother"?
William Petti 
35.
Founder of the English Classical School of Economics. W.Petti 
36.
When did the classical school of economics emerge in England? The late 18
th
century
37.
Who was the first economist who established the science of statistics? William petti 
38.
In which country did the first classical school of economics originate? 
Great Britain or 
England
39.
Which economists were involved in the full formation of the classical school of economics? 
A,Smith David Ricardo Thomas Malthus Stuart Mill Jean-Baptiste Say
40.
Who is the founder of the classical school of economics in France? P. Buagilber
41.
Who distinguished the term of "real price"? A.Smith
42.
Which economist created the "Economic Table"? Francois Quesnay
43.
Who first explained the concept of "pure" product? 
Leon Walras 
44.
Whom did F. Quesnay include in the "productive class"? farmers
45.
What problems are studied in F. Quesnay's "Economic Table"?
attempt to analyze social 
reproduction by establishing definite balanced proportions between the natural (material) 
and value elements of social production
What is the main content of F. Quesnay's concept of "natural order"? 
. This concept of natural order 
had originated in China. The Chinese had believed that there can be good government only when a 
perfect harmony exists between the "Way of Man" (governmental institutions) and the "Way of 
Nature" (Quesnay's natural order). 
46.
47.
When did the doctrine of physiocratism come into being? XVIII asr 
48.
Which language word of physiocratism is derived from?
French: physiocratie; from the 
Greek for "government of nature")
49.
How many classes did Turgot think there were in the society? 
Two classes
50.
When was the book of "The nature and causes of the wealth of nations" published? 1776
51.
Founder of the concept of "Invisible Hand"? Adam Smith
52.
Who created the principle of "absolute advantage"? Adam Smith
53.
Where and when was Smith born? 
5 June 1723 Kirkcaldy Scotland
54.
Find A. Smith’s major economic work? Wealth of nations 1776
55.What is the essence of the theory of "equivalent exchange"?

---

Equivalent Exchange is the principle that limits alchemy's infinite potential. It's a simple concept: 
something cannot be created from nothing, and so in order to obtain something, something else of 
equal value must be lost. 
55.
56.
Which type of industry was supported by A. Smith? International trade
57.
An economist who supported the minimum wage 
V.Petti 
58.
A classical economist who explained the pros and cons of the division of labor? Karl Marx 
59.
Who created the "comparative advantage" theory in international trade? David Ricardo
60.
Which school of economics are A. Smith and D. Ricardo major representatives ? Classical
61.
Find an economist who created the” international division of labor”. Adam Smith 
62.
Find an economist who commented on "differential rent" David Ricardo
63.
What law did Ricardo discover between the wages of the worker and the benefits of 
capitalism? 
Iron Law of Wages
64.
What kind of rent was advocated by D. Ricardo?
65.
Which economist created the Law of Supply? Alfred Marshal
66.
Who wrote the book "
An Essay on the Principle of Population
"?
Thomas Robert Malthus
67.
What explained in "
An Essay on the Principle of Population
"?
population growth 
is not arithmetical, but rather geometric.
68.
Which years James Mill lived and worked? 1773-1836 
69.
What is the name of the main economic work, which was created by Carl Menger? Principles 
of Economics
70.
Who is the founder of the Austrian school? Carl Menger
71.
To which school does term of "utility" belong to? austrain school
72.
Which economic doctrine are represented by representatives of the Austrian school of 
economics, such as C. Menger, F. Wieser, Böhm von Bawerk? Marginalism subyektiv 
subjective psixologik yonalish
73.
Who are the founders of marginalism school?
Karl Menger, William Jevons and Leon Walras.
74.
To which educators do the “Theories of rarity” belong? Leon Walras
75.
Who is the first economist that used the mathematical method? Leon Walras
76.
Choose method applied by the Austrian school. Old neoclassical direction 
the first professed 
a subjective approach, the second - an objective one. 
Why precisely “neoclassical 
economy”?
This approach has become a kind of classics of economic theory, but it is 
radically different from the present classical concept. 
77.
To whom does this work, The Principle of Economics (1902) belong to? Carl Menger 
78.
Who is the author of "Neoclassical Synthesis"? John Maynard Keynes 
79.
When did A. Marshall live and work? 
1842-1924 
Market equilibrium is ... ?
a situation where the price at which quantities demanded and supplied 
are equal (Supply = Demand). When the market is in equilibrium, there is no tendency for prices to 
change. 
80.

---

 81.What does the Marshall point mean? 
, the price of a product in a market is determined at a point 
where the forces of supply and demand meet. The point where the forces of demand and supply 
meet is called equilibrium point. 
81.
82.
Who is the founder of the neoclassical school? Alfred Marshall
83.
Who is the founder of the American School? 
John Clark
84.
Which economist wrote “The General Theory of Employment Interest and Money” (1936)?
John Maynard Keynes 
The famous work of J. Keynes? 
“The General Theory of Employment Interest and Money” (1936)
85.
86.
Find the founder the term of “Psychological Law of Consumption” J.Keynes 
87.
New Keynesian representative who developed a model of economic growth E. Xansen 
88.
What is the name of a famous teachings of J.B. Clark? Karl Gustav Adolf Knies
89.
Which economic work of G. Schmoller do you know? 
Layout of General Economics, 1900
–
1904
90.
The radical father of neoliberalism in economics? Friedrich August von Hayek 
91.
Who are the founders of the new historical school? Gustav Schmoller and Friedrich List 
92.
Which of the following neoliberal schools does F. Hayek represent? Austrian
93.
Which economic doctrine explains “Socio-psychological, social law, conjunctural-statistical 
currents”? institutionalism
94.
Who is the first representative of the institutional social direction? T.Veblen
95.
Founders of Institutionalism school ? T.Veblen, J.Kommos U/Mitchell 
96.
How many stages are there of development of institutionalism? 3 
97.
What is the main problem of monetarist policy? money
98.
When did the Great Depression occur? 1929 
99.
In which market economy model social orientation is the most important? Welfare Capitalism 
market economy 
What are some ways to move from one economic system to another? 
nationalize: means to change from private ownership to government or public ownership. privatize: 
means to change from government or public ownership private ownership. In the transition from 
command to market economies, most economic resources are privatized 
100.
101.
What is the essence of the economic crisis? 
A moment of solving of a contradiction 
is a crisis.
What is considered an economy in Arthashastra?
ekonomika is considered as farming, animal husbandry and trade
102.
103.
What does the uninhabited land of Arthashastra look like? Nasilsiz sigir (pedigree 
cow 

---

104.
What improvements are being made to the Arthashastra? 
irrigation was 
improved sug’orish 
sistemalarini qurish (building watering systems) and 
solving finance problems
105.
When did the ancient Chinese thinker Confucius live? Mil.avv 551-479 
106.
To whom does the idea that “mental work is done by the upper class and physical 
work is done by ordinary people” belong to whom? Confucius 
107.
What did Katon think was the excess of the brand value? Profit
108.
What did Mark Varron (116-27 BC) consider to be the main industry in the national 
economy? 
dehqonchilik va chorvachilik (farming and animal husbandry)
What are the main ideas of the Qur'an that are glorified? 
honesty is raised usury is 
considered as worst ways of making money 
109.
110.
How many types of land ownership were divided during the Timurid period? 5
111.
When were taxes collected during the reign of Mirzo Ulugbek? June-July(saraton) 
avgust-september (sumbula mezon) November (qavs) 
112.What the mercantilists defended? 
In their heyday, mercantilists certainly did defend some very odd notions, chief among which was 
the view that national policy ought to be guided by the accumulation of precious metals - gold and 
silver. 
112.
113.The principle of the scientific worldview of mercantilists ... 
Mercantilism is based on the principle that the world's wealth was static, and consequently, many 
European nations attempted to accumulate the largest possible share of that wealth by maximizing 
their exports and by limiting their imports via tariffs. 
113.
114.
The first school of economic thoughts ... 
The physiocratic school, or physiocracy
115.
The main representatives of mercantilism? They were businessmen administrators 
merchants in diffirent countries. Tomas Mann Antuan Monkreten Ser De Vatteti 
116.
The school that describes the origin of money as a man-made invention? mercants
117.
What is the meaning of the word mercantilism? 
Mercantilism means-
“Governmental regulation of economic affairs, especially, 
trade and industry” (merchant)
118.
The economic school that interprets the origin of the value of money in relation to the 
"natural properties" of gold and silver coins and their quantity in the country? Mercantilism 
According to mercantilists, it is a factor influencing economic growth...
N119
specialization in production allows for economies of scale, which improves EFFICIENCY and growth. 
119.
120.
Fill the space: U.Stafford (England), G.Skaruffi (Italy) are the representatives of ... 
school
? Mercantilism 
121.
Unlike the early mercantilists, what theory did the later mercantilists put forward ? In 
economy the role of state was in the first place.
in practice, however, various decrees, orders, 

---

and laws did not allow free competition in life.
the (sex tizimi )system of handicrafts, the rules 
protecting the privileges of the feudal lords were preserved. There is no equality.in fance 18
th
century in England until 19
th
century was in use.
122.
Prominent representatives of mercantilism school ...
French Controller General of 
Finance Jean-Baptiste Colbert (1619-1683) and Thomas Manqw
123.
In which country did the first classical school of economics originate? England 
124.
Who is the founder of the classical school of economics? V.Petty 
125.
What characterizes U. Petty's wage theory? it is enough for every worker to get what 
he needs to live, work, and reproduce.
there must be a minimum wage required for the life of 
the workers. 
126.
Who is the founder of the classical school of economics in France? 
Pierre
Le 
Pesant de Boisguilbert in uzbek P.Buagilber
127.
What did P. Boisguilbert consider the basis of wealth and state welfare? This wealth 
is not with the physical mass of money, but with a variety of useful wealth and goods, such as 
bread, wine, meat, clothing, and so on.
Even ownership of land and money itself provides 
wealth.
If the land is not cultivated and the money is not mixed with the necessities of life, the 
owner of such wealth is doomed to poverty.
Therefore, the main task of economic science is 
to increase production in society, not to increase money. 
128.
To whom does the saying “Labor is the father of wealth and the earth is its mother” 
belong to ? V.Petty 
129.
Who is the author of "The nature and causes of the wealth of nations"? A.Smith or 
P.Buagilber
130.
Who is the founder of physiocracy? 
François Quesnay in uzbek F.Kene
131.
According to physiocrats in what area does the wealth appear? they understood 
agriculture as the basis of the country’s wealth qishloq xo’jaligida
132.
Author of "Political Arithmetic" V.Petty
A.
Smith and D. Ricardo are the major representatives of which school of economics? 
Classical school
133.
Find the main economic work of A. Smith?