Notable Economists – India and World

36. Who is known for the concept of “bounded rationality” in economics?
a) Herbert Simon
b) Milton Friedman
c) Ronald Coase
d) Paul Romer

37. Who is known for the theory of “endogenous growth” in economics?
a) Robert Solow
b) Joseph Stiglitz
c) Paul Krugman
d) Angus Deaton

38. Who is the author of the book “Poor Economics”?
a) Esther Duflo
b) Abhijit Banerjee
c) Angus Deaton
d) Amartya Sen

39. Who is known for the concept of “comparative advantage” in economics?
a) David Ricardo
b) Paul Krugman
c) John Maynard Keynes
d) Friedrich Hayek

40. Who is known for the theory of “rational expectations” in economics?
a) Robert Lucas Jr.
b) Paul Samuelson
c) Joseph Schumpeter
d) Friedrich Hayek