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Econ 219: Development Economics Question Paper

Econ 219: Development Economics

Course:Bachelor Of Education Science

Institution: Kabarak University question papers

Exam Year:2010

COURSE CODE: ECON 219
COURSE TITLE: DEVELOPMENT ECONOMICS
STREAM: Y2S1
DAY: TUESDAY
TIME: 2.00 – 4.00 P.M
DATE: 30/11/2010

INSTRUCTIONS:
Answer question ONE and any other TWO questions.
1. (a) Explain clearly the difference between economic growth and economic development.
(4 marks)
(b) Explain the reasons why the data on per capita national incomes in underdeveloped
countries and their comparison with the per capita incomes of advanced countries are often
in accurate, misleading and unreliable. (10 marks)
(c) Discuss the characteristics of developing countries. (10 marks)
(d) Critically consider Adam Smith’s theory of development. (6 marks)
2. (a) (i) Briefly explain the term sustainable development. (4 marks)
(ii) Identify the objectives of sustainable development. (4 marks)
(iii) Distinguish between the concepts of strong sustainability and weak sustainability.
(4 marks)
(b) Explain the environmental problems facing the less developed countries. (10 marks)
3. (a) Identify the reasons for the lack of incentives to save and invest in LPCS (4 marks)
(b) Explain the economic factors of economic growth. (6 marks)
(c) Discuss the characteristics of modern economic growth as pointed out by Kuznets.
(10 marks)
4. (a) Discuss the different criteria of underdevelopment. (10 marks)
(b) “The vicious circles of poverty stems from the fact that in underdeveloped countries
total productivity is low due to deficiency of capital, market imperfections, economic
backwardness and underdevelopment”. Discuss. (10 marks)

5. (a) Clearly explain the Ricardian process of capital accumulation for economic
development. (2 marks)
(b) Explain the five stages of economic growth as printed out by Rostow. (10 marks)
(c) Explain the differences between the Marxian and the Restorian theories of economic
development.
(8 marks)

Econ 219: Development Economics Question Paper

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