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Ird103: Development Concepts And Applications. Question Paper

Ird103: Development Concepts And Applications.

Course:Bachelor Of Commerce

Institution: Masinde Muliro University Of Science And Technology question papers

Exam Year:2013

MASINDE MULIRO UNIVERSITY OF SCIENCE AND TECHNOLOGY

END OF SEMESTER ONE ACADEMIC YEAR 2012/2013
BACHELOR OF COMMERCE DEGREE
MAIN CAMPUS.

INSTRUCTIONS
Attempt question one and any other two questions on this paper.

QUESTION ONE
Differentiate between the following concepts:
(a) Economic growth and economic development (5mks)
(b) A free trade area and a common market (5mks)
(c) Cost of living and standards of living.(5mks)
(d) Macro planning and multi sectoral planning.(5mks)

QUESTION TWO
Gross National Product(GNP) is biased index of national development and economic welfare.Explain thé meaning of this statement giving spécificité examples.(25mks)

QUESTION THREE
Discuss Rowstow''s Stages Theory of economic growth and development. (25mks)

QUESTION FOUR
Discuss the key obstacles to Kenya''s achievement of the Millennium Development Goals.(25mks)

QUESTION FIVE
(a) What is meant by the term ''economic planning''?(10mks)
(b) Discuss limitation of planning in Third World Countries.(15mks)

QUESTION SIX
(a) Explain the objectives of the World Bank and International Monetary Fund in the Structural Adjustment Programmes.(10mks)
(b) What has been their impact on the Sub-Saharan Africa economies?(15mks)

QUESTION SEVEN
(a) Evaluate the role of education and training in achieving Kenya''s development goals.(15mks)
(b) What policy actions can the Kenya government put in place to facilitate access to sustainable energy?(10mks)

Ird103: Development Concepts And Applications. Question Paper

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