UGC NET History of economic thought Previous Year Questions
JRFSmart holds 6 previous-year questions on History of economic thought from UGC NET Commerce (Paper 2), filed under Unit 3: Business Economics, drawn from 4 of the 22 exam papers in the bank (2020–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in History of economic thought
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Adam Smith's invisible hand | 1 |
| Classical economists and their works | 1 |
| Absolute advantage | 1 |
| Definitions of economics | 1 |
| Price determination | 1 |
| Economists and their contributions | 1 |
NTA repeat analysis
History of economic thought appears in 4 of 22 papers (18%), which JRFSmart rates as medium frequency.
Sample previous-year questions
Match the LIST-I with LIST-II LIST I | LIST II A. Adam Smith | I. Principles of Economics B. A. Marshall | II. Value and Capital C. J.R. Hicks | III. The Wealth of Nations D. Wassily Leontief | IV. Input Output Economics Choose the correct answer from the…
Who has propounded the 'Theory of Absolute Advantage' in his book 'An Inquiry into the Nature, cause & wealth of Nations'?
Who has defined Economics as a 'Science which studies human behaviour as a relationship between ends and scarce means which have alternative uses'?
Who held that both demand and supply were equally important in determining the price of the product?
Match List I with List II: LIST I | LIST II A. Wealth of Nations, 1776 | I. Thomas Malthus B. Principles of Political Economy and Taxation, 1817 | II. Karl Marx C. Principle of Population, 1798 | III. Adam Smith D. Das Capital, 1867 | IV. David Ricardo…
Who coined the metaphor "Invisible hand" in the Theory of Moral Sentiments?
Showing 8 of 6 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
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