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Eae 204: Economic Development Question Paper

Eae 204: Economic Development

Course:Bachelor Of Economics

Institution: Kenyatta University question papers

Exam Year:2013

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATION 2012/2013
SECOND SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF ECONOMICS
EAE 204: ECONOMIC DEVELOPMENT.
DATE: Tuesday.2nd APRIL, 2013
TIME: 8.00-10.00 AM

INSTRUCTIONS:
ANSWERS QUESTION ONE AND ANY OTHER TWO.
QUESTION ONE
(a) ‘Some countries have recorded impressive economic growth rate yet they are classified as under-developed’. Explain why this is so. [10 marks]
(b) Explain any five impediments to economic development. [10 marks]
(c) Give a critique of the Malthusian Theory. [10 marks]

QUESTION TWO
(a) Give the assumption of Roomer’s theory of economic development. [6 marks]
(b) Explain Keynesian theory of Economic development tools and discuss their applicability to developing countries particularly in Africa. [14 marks]

QUESTION THREE
(a) Briefly explain five measures of economic development. [10 marks]
(b) Justify the following statement, ‘despite obvious weakness of the Marxist theory, the theory’s principles are very much applicable to developing countries’’. [10 marks]

QUESTION FOUR
‘Poverty and unemployment are two of the critical social and economic problems facing most developing countries’. What are their causes and what policies would you suggest minimizing them? [20 marks]

QUESTION FIVE
(a) Outline the key issues contained in the reformist, radical and in the basic needs strategies of economic development. [20 marks]

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