Development Economics Question Paper
Development Economics
Course:Bachelor Of Arts Economics
Institution: University Of Nairobi question papers
Exam Year:2012
University of Nairobi
First Semester Examinations 2011/2012
Third Year Examinations For the Degrees of Bachelor of Economics and Bachelor of Arts
XEA/CEC 301: Development Economics
Date: May 22, 2012 Time: 9.00 A.M – 11.00 A.M
Instructions:
Attempt THREE questions only.
1. Examine critically the arguments behind the understanding that the fundamental issues of sustainable economic development within the third world economies rests squarely with the basic needs strategy and the Millennium development goals.
2. Critically examine the classical theory of growth and development and remember to point out clearly some of the limitations of this theory towards the understanding of growth and development.
3. What is the importance of economic development of rapid productivity growth in agriculture and what in your opinion limits the productivity in this sector?
4. It has been argued that integration into the world economy and enhancement of Trade liberalization has proven to be a powerful instrument for countries to promote economic growth and development. Discuss.
5. Africa’s long term debt has risen 19th fold since 1970 and is now equal to its UNP, making it the most indebted region in the world. Examine the causes for this development and suggest possible remedies for this problem.
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