Econ 213 2008/2009 Academic Year Question Paper
Econ 213 2008/2009 Academic Year
Course:Bachelor Of Science In Economics And Mathematics
Institution: Kabarak University question papers
Exam Year:2008
COURSE CODE: ECON 213
COURSE TITLE: CONTEMPORARY ECONOMIC ISSUES
STREAM: Y2S1
DAY: MONDAY
TIME: 8.30-10.30 A.M.
DATE: 15/12/2008
INSTRUCTIONS:
Answer Question ONE and any other TWO questions
1 (a) Distinguish between economic development and economic growth
(5 marks)
(b) Briefly explain the indicators of economic development of a country
(6 marks)
(c) Discuss the measurement of economic development using Gross National
Product (GNP) approach (8 marks)
(d) (i) Identify the reasons for low levels of Entrepreneurship in Africa
(6 marks)
(ii) What can African governments do to promote entrepreneurship
(5 marks)
2 (a) Clearly explain the nature of Agriculture in developing countries
(6 marks)
(b) Suggest measures to expand the agro-based industries in Africa
(7 marks)
(c) Discuss the role of industrialization in the development of African
countries (7 marks)
3 (a) (i) What is economic integration? (2 marks)
(ii) Give any two examples of economic integration in Africa
(2 marks)
(b) What are the benefits expected from economic integration (6 marks)
(c) (i) Discuss the causes of the debt crisis facing developing economies
(7 marks)
(ii) Give three measures to ease the Debt crisis (3 marks)
4 (a) Clearly distinguish between inflationary gap and deflationary gaps
(6 marks)
(b) (i) Precisely explain the reasons for high unemployment rates in
Developing countries (8 marks)
(ii) Describe any three types of unemployment found in Developing
countries (6 marks)
5. (a) State the millennium development goals (MDGs) (8 marks)
(b) Identify the challenges of attaining the above goals by developing
countries (6 marks)
(c) Suggest the strategies which can be used to overcome the challenges in (b)
above (6 marks)
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