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Eae 100:Economics Of Information Technology Question Paper

Eae 100:Economics Of Information Technology

Course:Bachelor Of Economics

Institution: Machakos University question papers

Exam Year:2015

MACHAKOS UNIVERSITY COLLEGE
SCHOOL OF BUSINESS AND ECONOMICS

EAE 100:ECONOMICS FOR INFORMATION TECHNOLOGY
DATE:30/11/2015 TIME :2.00- 4.00 PM
INSTRUCTIONS:answer question 1 and any other 2

1.a)clearly distinguish between; (10 mks)
i)patent versus copyright
ii) transactions versus batches
iii)system software , firmware and operating system
iv)data processing versus information system
b)Discuss how ICT drives economic growth (6mks)
c)using relevant examples state and explain any 5 types of computer operating systems (10mks)
d)Distinguish between labour productivity and capital productivity ( 4mks)

2a)with reference to perfect competitive market structure and monopoly structure explain the concept of intellectual property rights and show using a diagram how a monopoly causes inefficiencies in the market (8 mks
b)Clearly explain the factors that influence the method used in data processing by an organization

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