AGB 1205 INTRODUCTION TO DEVELOPMENT ECONOMICS Click to view

MAASAI MARA UNIVERSITY
REGULAR UNIVERSITY EXAMINATIONS
2016/2017 ACADEMIC YEAR
FIRST YEAR SECOND SEMESTER

SCHOOL OF BUSINESS AND ECONOMICS
BACHELOR OF SCIENCE (AGRIBUSINESS MANAGEMENT)

 

COURSE CODE: AGB 1205
COURSE TITLE: INTRODUCTION TO DEVELOPMENT ECONOMICS

DATE: 9TH MAY 2017 TIME: 11.00AM -1.00PM
INSTRUCTIONS TO CANDIDATES
Answer Question ONE and any other THREE questions

This paper consists of 2 printed pages. Please turn over.

QUESTION ONE
(a) Development is both a physical reality and a state of mind. Discuss
(9 Marks)
(b) Explain the four forces associated with pre-conditions for take off?
(4 Marks)
( c) compare and contrast Ricardian and Marxist theories of development
(8 Marks)
(d) Differentiate between economic growth and development (4 Marks)

QUESTION TWO
a) With reference to Agriculture sector in economic pillar of vision 2030, discuss the concept of leading sector? (10 Marks)
b) Differentiate between traditional and new view of development
(5 Marks)
QUESTION THREE
a) Explain any five factors responsible for differences in economic growth and development between developed and developing countries?
(10 Marks)
b) Explain the discernible forces associated with development stage of high mass consumption (5 Marks)

QUESTION FOUR
a) Compare and contrast balanced and unbalanced theories of economic development (10 Marks)
b) Explain the challenges of using welfare as a measure of economic development (5 Marks)

QUESTION FIVE
(a) What is the rationale for planning in developing economies? (5 Marks)
(b) What are the basic characteristics of comprehensive planning that are common to developing countries? (5 Marks)
(c) Explain five reasons for plan failures in developing countries?
(5Marks)

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