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Economics Of Education And Planning(Educ 411) Question Paper

Economics Of Education And Planning(Educ 411)

Course:Education

Institution: Kenya Methodist University question papers

Exam Year:2012

TIME : 2 HOURS

INSTRUCTIONS
Answer any THREE questions.
Question One
Define the following terms:
(10 Marks)
Economics of education.
Consumption.
Human Capital.
Opportunity cost.
Investment.

Discuss effects of unemployment to an economy.
(10 Marks)

Question Two
Examine four reasons why economics of education is important to educationists.
(8 Marks)

Discuss six factors that impact negatively on the efficiency of education in Kenya.
(12 Marks)

Question Three
Discuss critically any four bottlenecks to achieving equity in education in the third world country like Kenya or Uganda. (20 Marks)

Question Four
Discuss five factors that led to the expansion of educational systems all over the world.
(10 Marks)

Describe five problems affecting the financing of education in Kenya.
(10 Marks)

Question Five
Explain the concept of human capital.
(5 Marks)

Discuss five factors that determine supply of education.
(15 Marks)

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