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Edu 413: Economics Of Education And Planning Question Paper

Edu 413: Economics Of Education And Planning

Course:Bachelor Of Education Science

Institution: Kabarak University question papers

Exam Year:2009

KABARAK UNIVERSITY
UNIVERSITY EXAMINATIONS
2009/2010 ACADEMIC YEAR
FOR THE DEGREE OF BACHELOR OF EDUCATION SCIENCE
COURSE CODE: EDU 413
COURSE TITLE: ECONOMICS OF EDUCATION
AND PLANNING

INSTRUCTIONS:
Answer question 1 and any other 2 questions.

1. (a) Differentiate between the following terms and expressions.
(i) Demand for education and supply of education. (2mks)
(ii) Educogenesis and Hedging option (2mks)
(iii) Direct private costs and indirect social costs. (2mks)
(iv) Screening hypothesis and credentials paradigm. (2mks)
(b) Identify and briefly discuss factors which influence the demand for education in
Kenya. (8mks)
(c) How does education contribute to economic development in the less developed
countries (LDCs) (14mks)
2. (a) Discuss the main solutions to unemployment in the less developed countries.
(10mks)
(b) Evaluate the success of various solutions the government has employed to curb
inequality in the provision of education in Kenya. (10mks)
3. (a) Discuss the efficacy of the main methods of financing of education in Kenya.
(8mks)
(b) Justify the view that education is an investment commodity. (6mks)
(c) Defend the view that education is only but a consumption commodity. (4 mks)
4. Elaborate on the essence of the following approaches to Educational planning.
(i) Rate of return approach
(ii) Man power development approach.
(iii)Social demand approach
(12mks)
(b) Discuss the interests which are common to both educators and economists
(8mks)

Edu 413: Economics Of Education And Planning Question Paper

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