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Ird 103: Development Concepts And Application September 2017 Question Paper

Ird 103: Development Concepts And Application September 2017

Course:Bachelor Of Commerce

Institution: Kaimosi Friends University College question papers

Exam Year:2017

KAIMOSI FRIENDS UNIVERSITY COLLEGE

UNIVERSITY EXAMINATIONS
2016/2017 ACADEMIC YEAR

FIRST YEAR FIRST SEMESTER EXAMINATIONS FOR THE DEGREE OF BACHELOR OF COMMERCE

COURSE CODE:IRD 103

COURSE TITLE: DEVELOPMENT CONCEPTS AND APPLICATION

13 TH SEPTEMBER 2017

2 HOURS

ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS

1)a.How can developing countries institute policies in support of agricultural sector. 5 mks

b. Explain the following concepts:

i.Economic development. 5 mks

ii.Third world countries. 5 mks

c. Explain the major causes of Africa's elusive food security and how they can bpreventes. 10 mks

d. Give 5 reasons why Gross National Product(GNP) is not an adequate measure of economic welfare. 5 mks

2)a.Discuss the importance of economic planning. 5 mks

b. Highlight five main reasons for failure of planning in third world. 5 mks

c. Explain the process of development planning in LDCs. 10 mks

3)a.Assess five dimensions of poverty. 5 mks

b. Explain five reasons why third world countries lag behind in development. 5 mks

c. Economic growth comes along with enormous costs to the general society,Highlight these costs. 10 mks

4)a.Describe Kenya's development strategy for agriculture. 5 mks

b. Explain the impact of structural adjustment programs in the economies of third world countries. 5 mks

c. Discuss the rationale for structural Adjustment programs(SAPs). 10 mks

5)a. Population growth is a mixed blessing rather than a curse for Kenya,Discuss?10 mks

b. Give an overview of Adam Smith's theory of Development. 10 mks

Ird 103: Development Concepts And Application September 2017 Question Paper

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