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Bsis 425:Economics Of Information Question Paper

Bsis 425:Economics Of Information

Course:Information Science

Institution: Kenya Methodist University question papers

Exam Year:2011

ECONOMICS OF INFORMATION (BSIS 425) 2nd Trimester 2011
FACULTY : COMPUTING AND INFORMATICS

DEPARTMENT : INFORMATION SCIENCE

TIME : 2 HOURS

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INSTRUCTIONS Answer THREE Questions in Section A and TWO Questions in Section B

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SECTION A

Question 1

Define the following terms in the context of economics of information:

a) Demand

b) Strategic intent

c) Mission statement

d) Information need

e) Objectives (10marks)

Question 2

Explain the need for the study of economics of information (10marks)

Question 3

Describe FIVE characteristics of a good library budget. (10marks)

Question 4

Briefly discuss the economic factors that determine the supply of newspapers and magazines in Kenya. (10marks)

SECTION B

Question 5

Using examples, discuss the economic value of publishing in Kenya. (20marks)

Question 6

Information specialists utilize competition to enhance profit and survival. Discuss this statement using examples familiar to you. (20marks)

Question 7

Discuss the indicators of good project implementation for school libraries in Kenya. (20marks)

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