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Econ 411: Development Planning Question Paper

Econ 411: Development Planning

Course:Bachelor Of Science In Economics And Mathematics

Institution: Kabarak University question papers

Exam Year:2009

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 other questions carry twenty (20)
marks each

QUESTION ONE (30 MARKS)
1. (a) Define the Input-Output Analysis Planning model and explain why it is not very
popular in less developed countries. (10 marks)
(b) Briefly explain the nature of Kenya’s economic system and its type of development
planning. (10 marks)
(c) Explain the major causes of plan implementation failures in the less developed
countries. (10 marks)
QUESTION TWO (20 MARKS)
Briefly highlight some of the disadvantages associated with centrally planned economies.
Owing to these disadvantages the former socialist economies have opted for the free
market systems. In this attempt, what are the main challenges that these countries have
faced? (20 marks)
QUESTION THREE (20 MARKS)
(a) Define a development plan. What are the basic principles of a development plan?
(10 marks)
(b) In the formulation of a development plan, extensive survey and study of the economy
is one of the major steps to be undertaken. Explain fully what this involves. (10 marks)
QUESTION FOUR (20 MARKS)
Explain each of the following economic policies and give the relevance of each in the
formulation of a development plan for a country such as Kenya:
(a) Import substitution (4 marks)
(b) Export promotion (4 marks)
(c) Fixed policy (4 marks)
(d) Monetary Policy (4 marks)
(b) What do you understand to be the principal functions of an economic system?
(4 marks)
QUESTION FIVE (20 MARKS)
(a) Explain the main factors that are considered when choosing a planning model to be
used in the preparation of a development plan for a country (10 marks)
(b) “Kenya Vision 2030” can be viewed as a development plan for the country Justify
this statement. (10 marks)

Econ 411: Development Planning Question Paper

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