Option 2: Adam Smith -> "An Inquiry into the Nature and Causes of the Wealth of Nations," commonly known as "The Wealth of Nations," was published by Adam Smith in 1776. This seminal work is considered the foundation of classical economics and discusses concepts like division of labor, free markets, and the invisible hand. While it covers broader economic principles, it laid the groundwork for microeconomic analysis by examining individual behavior, markets, and resource allocation. -> correct
The first book on Microeconomics, "An inquiry into Nature and Cause of the Wealth of Nations", was written by.
CUET UG 2025 — Economics Micro
2025mcqeasy
The first book on Microeconomics, "An inquiry into Nature and Cause of the Wealth of Nations", was written by_________.
Official previous-year question
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
John Maynard Keynes
- B
Adam Smith
- C
David Ricardo
- D
Thomas Malthus
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