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Eco 215: History Of Economic Thought Ii Question Paper

Eco 215: History Of Economic Thought Ii

Course:Bachelor Of Arts In Economics

Institution: University Of Kabianga question papers

Exam Year:2016

SCHOOL OF BUSINESS AND ECONOMICS

Department of Accounting, Finance and Economics.

2015/2016 Academic Year

SECOND YEAR SECOND SEMESTER EXAMINATION

FOR THE DEGREE OF BACHELOR OF ARTS (ECONOMICS)

ECO 215: HISTORY OF ECONOMIC THOUGHT II

Instructions: Answer Question ONE and Any Other Three.

QUESTION ONE

(a) Give a brief explanation on communication porters. (9 Marks)

(b) Provide an assessment on the impact of railway system in a country. (8 Marks)

(c) Explain the reasons for the collapse of the classist school of economics. (8 Marks)

QUESTION TWO

(a) Discuss the Schumpeterian theory of trade cycles and theory of innovation. (10 Marks)

(b) Alfred Marshall the 'Synthesizer.' Give your understanding of the statement. (5 Marks)

QUESTION THREE

(a) Give a critical analysis on the impact of slave trade/slavery on economies.(9 Marks)

(b) Explain the importance of understanding the subjects; economics sociology and economic anthropology to an economist. (6 Marks)

QUESTION FOUR

(a) Describe briefly the Scandinavian school of economic thought. (5 Marks)

(b) Briefly describe Keynes's four key contributions to the school of economics. (10 Marks)

QUESTION FIVE

(a) Give a brief account on the main economic contributions of Karl Marx.(6 Marks)

(b) Evaluate the work of monetarist, Milton Friedman in his contribution to monetary history and theory.(9 Marks)

Eco 215: History Of Economic Thought Ii Question Paper

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