ECO 322 ECONOMIC DEMOGRAPHY Click to view

MAASAI MARA UNIVERSITY
REGULAR UNIVERSITY EXAMINATIONS
2015/2016 ACADEMIC YEAR
THIRD YEAR SECOND SEMESTER

SCHOOL OF BUSINESS & ECONOMICS
BACHELOR OF ARTS (ECONOMICS)

 

COURSE CODE: ECO 322
COURSE TITLE: ECONOMIC DEMOGRAPHY

DATE: 11TH MAY 2016 TIME: 11.00AM – 1.00PM
INSTRUCTIONS TO CANDIDATES
Answer question ONE and any other THREE questions

This paper consists of 3 printed pages. Please turn over.
QUESTION 1
a) i). Explain the factors that cause the international migration of high level of educated manpower from less developing countries to developed countries. (6 marks)
ii). Explain using examples and illustrations the concept of internal brain drain. (4 marks)
b). Explain the relationship between a Lorenz curved and Gini coefficient. (6 marks)
c). Discuss the theory of demographic transition. (9 marks)
QUESTION 2
a). Discuss conditions necessary for economic growth to translate into improvements in the quality of life. (7 marks)
b). “The poor are little seen, and even less is the nature of their poverty understood”. (Chambers 1983). Explain and comment on Chambers’ view of the obstacles in the way of rural development. (8 marks)
QUESTION 3
a). Discuss three distinct conceptualizations of the likely response to population according to Bilsborrow. (1987). (3 marks)
b). Explain why many economists blame minimum wage law for much of employment problems of youth. (5 marks)
c i).Discuss the concept of the optimal amount of inequality . (4 marks)
ii). What are some of the practical problems in determining how inequality is really optimal? (3 marks)

QUESTION 4
a). Explain how the so-called house called or micro-economists of fertility relates to the theory of consumer choice. (6marks)
b). Explain the following concepts as used in Economic demography.
i. Malthusian population trap. (3marks)
ii. Opportunity costs of a woman’s time (3 marks)
iii. Macro population – development. (3marks)
iv. Overlapping generation models (3 marks)
QUSETION 5
a)i). Governments can influence the character, quality and content of their educational systems by manipulating important economic and non-economic factors or variables both outside of and within education systems. Discuss these external and internal factors.
(5 marks)
ii). Explain government policies that make education more relevant to the real meaning of development, (6 marks)
b). Discuss the essential assumptions and features of Lewis- Fei- Ranis surplus labour model of development. (4 marks)

 

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