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Econ 304: Economic Development Ii Question Paper

Econ 304: Economic Development Ii

Course:Bachelor Of Arts Economics And Sociology

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS
EXAMINATIONS FOR THE AWARD OF BACHELOR OF SCIENCE DEGREE IN ECONOMICS AND STATISTICS, BACHELOR OF ARTS ECONOMICS AND SOCIOLOGY
ECON 304: ECONOMIC DEVELOPMENT II
STREAMS: ECON&STAT, ECON&SOCIO TIME: 2 HOURS
DAY/DATE: WEDNESDAY 17/4/2013 11.30 AM – 1.30 PM
INSTRUCTIONS:

Answer question one and any other two questions

QUESTION ONE

(a) Distinguish between the following concepts:

(i) Economic development and economic growth. [4 Marks]

(ii) Centrally planned economic system and free enterprise economic system.
[4 Marks]

(iii) Developed economies and under-developed economies. [4 Marks]

(b) Explain the key objectives of economic planning. [8 Marks]

(c) Describe the characteristics of under-developed economies. [10 Marks]

QUESTION TWO

(a) Discuss the critical elements that an economic plan should possess to achieve success. [12 Marks]

(b) Use diagrams to explain the concept of the vicious cycle of poverty. [8 Marks]

QUESTION THREE

(a) Discuss the various classifications of economic planning citing their limitations.
[14 Marks]

(b) Explain the role of international trade in economic development. [6 Marks]

QUESTION FOUR

(a) Discuss the effects of population growth on economic development. [10 Marks]

(b) Explain the factors that retard economic development in Kenya. [10 Marks]

QUESITION FIVE

(a) Discuss the investment criteria as applied in economic development. [14 Marks]

(b) What is the role of government in economic development in Kenya? [6 Marks]

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Econ 304: Economic Development Ii Question Paper

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