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Contemporary Economic Issues Question Paper

Contemporary Economic Issues

Course:Bachelor Of Science In Economics And Mathematics

Institution: Kabarak University question papers

Exam Year:2010

COURSE CODE: ECON 213
COURSE TITLE: CONTEMPORARY ECONOMIC ISSUES
STREAM: Y2S1

INSTRUCTIONS:
1. This paper contains Five (5) questions
2. Answer question ONE (1) and any other TWO (2) questions
3. Question ONE carries Thirty (30) marks and all the other questions carry Twenty (20)
marks each
4. Do not write anything on this question paper

QUESTION ONE
(a) Clearly distinguish between economic growth and economic development. Explain the
basic objectives of economic development. (10mks)

(b) Discuss the role of foreign capital inflows in economic development of less developed
countries. (10mks)

(c) Explain the obstacles to economic growth of developing countries like Kenya. (10mks)
QUESTION TWO
Explain briefly any five of the millennium Development Goals (MDGs) reached during the
commonwealth Heads of State Summit in 1989 giving the targets and indicators that were to be
used in each of the goals. (20mks)
QUESTION THREE
It is generally believed that population growth, poverty and unemployment are inter-linked. Do
you agree with this statement? Substantiate with appropriate examples. (20mks)
QUESTION FOUR
a) Compare and contrast between the roles of agricultural and industrial sectors in the
economic development of Less Developed Countries. (10mks)

b) What policies has the Kenya government pursued to promote industrial development?
With relevant examples briefly evaluate the success of these policies. (10mks)
QUESTION FIVE
a) Define foreign exchange. Explain its sources and its importance in the pursuits of
economic growth. (10mks)

b) Define external debt; explain its causes and its effects on economic growth. (10mks)

Contemporary Economic Issues Question Paper

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