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Eco 100: Economics Development And Applications Question Paper

Eco 100: Economics Development And Applications

Course:Bachelor Of Science In Economics

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 SCIENCE IN ECONOMICS

COURSE CODE:ECO 100

COURSE TITLE: ECONOMIC DEVELOPMENT AND APPLICATIONS

4TH APRIL 2017

2 HOURS

ANSWER QUESTION ONE AND ANY OTHER TWO QUESTIONS

1)a.Explain the differences between Economic development and economic growth. 10 mks

b. Rostow's Theory asserts that transition of the economy from being less developed to being developed is possible through a series of stages of Growth,by giving reasons the stage kenya is undergoing. 10 mks

c. Explain the millennium development goals and the extent in which kenya has achieved them. 10 mks

2)a.If the Kenyan economy has to industrialize by the year 2030,then there is need to support informal sector.Comment on this Statement in the light of the merits and elements of the informal sector. 15 mks

b. Briefly discuss the strategy Theory of development. 5 mks

3)a.Structural Adjustment Programmes(SAPs) emerged from two of the Breton Woods institution,the IMG and World Bank.Explain the rationale behind its emergency and the criticism levied against SAPs. 12 mks

b. Examine the problems of unemployment,povertyand inequality as domestic measures of Economic development. 8 mks

4)a.In Economic development,it is said that poverty is a circular constellation a country is poor because it is poor.Explain. 10mks

b. Kenya is planning to be a newly industrialized country by 2030.What obstacles are likely to impede the achievement of this objective and what steps must be taken to overcome such obstacles. 10 mks

Eco 100: Economics Development And Applications Question Paper

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