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Mainstream economics: Quiz

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Question 1: Freshwater schools include the University of Chicago, ________, the University of Rochester and the University of Minnesota.
Robert Morris UniversityPoint Park UniversityCarnegie Mellon UniversityHeinz Field

Question 2: 1970s: Monetarism, under the influence of ________; an era of stagflation;
George StiglerGary BeckerRobert SolowMilton Friedman

Question 3: Within developing economies, which formed the majority of the world's population, various different schools of ________ have been influential.
International developmentDevelopment economicsDevelopment studiesMercantilism

Question 4: Mainstream economics includes theories of market and government failure and private and ________.
Heterodox economicsLaw and economicsMicroeconomicsPublic good

Question 5: 1945–1970s: neoclassical synthesis, with prominent Keynesian macroeconomics; the ________ and a large role of government in the United States;
Marshall PlanVietnam WarPost-World War II economic expansionCold War

Question 6: These include the neoclassical assumptions of ________, a representative agent, and, often, rational expectations.
Behavioral economicsEconomicsRational choice theoryNeoclassical economics

Question 7: Mainstream economics is a loose term used to refer to the non-________ taught in prominent universities.
MicroeconomicsLaw and economicsEconomic historyHeterodox economics

Question 8: Prior to the development of modern academic economics, the dominant school in Europe was ________, which was rather a loose set of related ideas than an institutionalized school.
GeorgismMercantilismNeoclassical economicsKeynesian economics

Question 9: Alternative economic schools, such as the ________, also present views that counter indicate current mainstream economic theory of how the modern economy actually works.
Friedrich von HayekLudwig von MisesLew RockwellAustrian School

Question 10:
This latter period (specifically, 1980-2003) is referred to as the ________ era by Robert Skidelsky in Keynes: The Return of the Master
Washington ConsensusArgentinaMexicoNeoliberalism







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