Economic Methodology (AQA A-Level Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the fundamental economic problem?
What is the fundamental economic problem?
Scarcity of resources vs unlimited wants
Which category of academic study does economics belong to?
Which category of academic study does economics belong to?
Social sciences
What does demand theory primarily examine?
What does demand theory primarily examine?
Consumer behaviour when shopping
What is the second stage of the scientific method in economics?
What is the second stage of the scientific method in economics?
Forming a hypothesis
How does a theory differ from a hypothesis?
How does a theory differ from a hypothesis?
A theory has been tested and survived
What happens when a hypothesis fails to survive testing?
What happens when a hypothesis fails to survive testing?
It may be rejected or modified
Which statement is positive rather than normative?
Which statement is positive rather than normative?
Unemployment rose by 2% last year
What is a key characteristic of positive statements?
What is a key characteristic of positive statements?
Can be tested and possibly falsified
Which words typically indicate a normative statement?
Which words typically indicate a normative statement?
Should, ought, better, worse
What role do value judgements play in government economic policy?
What role do value judgements play in government economic policy?
Unavoidable when deciding priorities