Heh 405: Environmental Health Economics Question Paper

Heh 405: Environmental Health Economics

Course:Bachelor Of Science In Environmental Health

Institution: Kenyatta University question papers

Exam Year:2009

KENYATTA UNIVERSITY
SECOND SEMESTER EXAMINATIONS 2008/2009
UNIVERSITY EXAMINATIONS FOR DEGREE OF BACHELOR OF SCIENCE
(ENVIRONMENTAL HEALTH)

HEH 405: ENVIRONMENTAL HEALTH ECONOMICS

DATE: Monday 6th April 2009
TIME:
2.00pm-4.00pm

INSTRUCTIONS:
This paper consists of two sections: SECTION A and SECTION B

SECTION A: SAQs Answer All five (50 questions (20marks)

SAQ1.
Define the following terms
• Paradox of value
• Shut down point
• Marginal utility
• Marginal
cost.
[4marks]

SAQ2.
Give the mathematical expression of the following terms:
• Demand function
• Elasticity of demand
• Sustainable development
• Marginal
Revenue.
[4marks]

SAQ3.
A firm produces 50 units which each cost £4 to produce it. It is producing

51st
(fifty
first)
unit
[4marks]
Page 1 of 2

SAQ4.
A pharmaceutical industry sells 50 units of drugs for£6 each. It produces

and sells one more unit and the price drops at £5.95. What is the marginal
revenue
of
the
company?
[4marks]

SAQ5.
Explain the theory of competitive equilibrium.

[4marks]

SECTION B: LAQs : LAQ1 is compulsory. Answer any other TWO questions

LAQ1.
Write a short essay on environmental valuation.

[20marks]

LAQ2.
Using demand and supply analysis, describe the effect of price. (Illustrate
your
answer
by
figures).
[15marks]

LAQ3.
What are the main major microeconomic goals?

[15marks]

LAQ4.
State the different types of costs in environmental health economics.

[15marks]

Page 2 of 2

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