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Eco 320: Comparative Economic Systems Question Paper

Eco 320: Comparative Economic Systems

Course:Bachelor Of Arts In Economics

Institution: University Of Kabianga question papers

Exam Year:2017

SCHOOL OF BUSINESS AND ECONOMICS

Department of Accounting, Finance and Economics

2016/2017 Academic Year

THIRD YEAR SECOND SEMESTER EXAMINATION

FOR THE DEGREE OF BACHELOR OF ARTS (ECONOMICS)

ECO 320: COMPARATIVE ECONOMIC
SYSTEMS

INTSTRUCTIONS TO CANDIDATES:

Answer question one {compulsory} and any other three questions.

QUESTION ONE (25 MARKS)

a) Give a brief assessment of the levels of achievement of the revised United Nations Sustainable Development Goals (SDGS). (8 Marks)

b) State 5 factors which inhibit the effectiveness of economic plans. (5 Marks)

c) Explain FIVE negative impacts of technology on the environment. (5 Marks)

d) i. Discuss the Rostoria theory of development.(5 Marks)

ii. List FOUR lingering effects which hinder economic development in former Europeans colonies. (2 Marks)

Question Two (15 Marks)

a) Discuss resource allocation in developing economic of Subsaharan Africa. (7 Marks)

b) Highlight the problems of traditional agricultural economics using Kenya for your illustrations. (8 Marks)

Question Three (15 Marks)

a) i. State the forms of unemployment. (3 Marks)

ii. Explain refunds which can be employed to revitalize the financial systems of the African economy. (4 Marks)

b) Discuss the advantages of development planning over market system. (8 Marks)

Question Four (15 Marks)

a) i. Explain how population militates against growth and development in Caribbean America. (6 Marks)

ii. Highlight measures taken Nordic and Scandinavian countries to counteract the effects of aging society. (6 Marks)

b) Differentiate between Gross National Income (GNI) and Gross National Product (GDP). (3 Marks)

Question Five (15 Marks)

a) Discuss the challenges facing the Kenyan economy. (7 Marks)

b) Underpin the essence of development economics in the contemporary world. (8 Marks)

Eco 320: Comparative Economic Systems Question Paper

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