 |
DEC712S- DEVELOPMENT ECEONOMICS- 2ND OPP- NOV 2023 |
|
|
1 Page 1 |
▲back to top |
nAm IBI A UnlVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF FACULTY OF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF ACCOUNTING, ECONOMICS AND FINANCE
QUALIFICATION: BACHELOR OF ECONOMICS
QUALIFICATION CODE: 07BECO
LEVEL: 7
COURSE CODE: DEC712S
COURSE NAME: DEVELOPMENTECONOMICS
SESSION: JANUARY 2023
DURATION: 3 HOURS
PAPER: THEORY
MARKS: 100
EXAMINER(S)
MODERATOR:
SECOND OPPORTUNITY EXAMINATION PAPER
MR. MALLY LIKUKELA
MR. IMMANUEL NASHIVELA
INSTRUCTIONS
1. This paper consist of 4 sections
2. Answer ALL questions
3. Number your answers in accordance with the question paper.
4. Start each section answer on a new page
5. Write clearly and legibly
PERMISSIBLE MATERIALS
1. Pen
2. Ruler
3. Calculator (Programmable calculators are not allowed)
THIS PAPER CONSISTS OF~ PAGES (Including this front page)
|
|
2 Page 2 |
▲back to top |
SECTION A: MULTIPLE CHOICE
[10 Marks]
1. Regions in Namibia with the highest Human Development index (HDI) are:
a) Swakopmund, Windhoek & Luderitz
b) Khomas, Erongo & Karas
c) All coastal regions
d) All of the above
2. HDI is a statistical indicators that is based on how a country have achieved broadly in:
a) Poverty, Income Inequality & Development
b) Politics, Economics & Government
c) Health, Education & standard of living
d) Health life, knowledge, nutrition
3. Migrants are pushed toward rural area due to:
a) Poverty,
b) Lack of land,
c) Declining agricultural work,
d) None of the above
4. Education dimension of the HDI is based on the following indicators:
a) The number of years that a child spend in school and school attendance
b) Years of schooling attendance and enrollment
c) The number of years enrollment and schooling attendance
d) None of the above
5. Movements between states or provinces or regions is called:
a) International migration
b) Internal migration
c) Continental migration
d) All of the above
6. A country that can carry on economic development without foreign aid is at........ Economic
development.
a) Stage 1
b) Stage 2
c) Stage 3
d) Stage 4
7. Economic growth is measured using the following measures:
a) DGP
b) GNI per capita
c) GDP per capita
d) None of the above
8. Lewis Theory of Development is concerned with
a) Transforming economic structure from traditional agriculture to a more modern, urbanized and
industrially diverse manufacturing and services sector.
b) Investment is creating a secular and democratic government and free mass media
c) From highly unequal international capitalist system
d) All of the above
1
|
|
3 Page 3 |
▲back to top |
9. Urbanization occurs in the following processes, except the:
a) Demographic process
b) Infrastructure process
c) Economic process
d) Migration process
10. Frictional unemployment
a) Occurs when a worker moves from one job to another.
b) Unemployment due to trade cycles
c) Occurs when real wages for a job are set above the market clearing level
d) It occurs when the number of jobs in a labour market is unable to provide substantial jobs for
everyone
SECTIONB: TRUE OR FALSE
[10 Marks]
1. No one know the life expectancy in Namibia.
2. When it comes to the HDI Global rankings, Namibia ranks number five among the
middle-income countries.
3. According to the NSA - two of the regions with the lowest HDI are found in the north
part of Namibia.
4. Gini Coefficient is used to measure the income inequality between blacks and white.
5. Migration is migration and it is not linked to events in one's life.
6. Lorenz curves graph percentiles of the population against cumulative income or wealth
of people at or below that percentile.
7. Sustainable Development Goal (SDGs) are goals to help poor countries develop their
economies.
8. In Namibia, the number of women that graduates exceeds that of men.
9. Emigration is an indicator of economic and/or social failures of a society.
10. In the year 2018, unemployment amongst young Namibians aged between 20-24 years
age category stood at a staggering 57%.
2
|
|
4 Page 4 |
▲back to top |
SECTION C
QUESTION 1
[20 MARKS]
Today most countries are at different stages of economic growth. Using the appropriate graphs and
narratives, briefly discuss the Rostow's stages of growth.
QUESTION 2
[20 MARKS]
a. By using math, derive the Harrod-Damar model of economic growth. (label/number all equations
accordingly)
[10 Marks]
b. In the model above, various components of capital investments are said to be key drivers of
economic growth, describe and explain how these components derives economic growth?
[10 Marks]
SECTION D:
QUESTION 1
[20 MARKS]
Discussthe demographic transition model using the appropriate graphs and narratives.
QUESTION 2
[20 MARKS]
The Malthusian Theory of Population is a theory which states that population grow exponentially while
food supply grow arithmetically. This model have come under severe criticism from various scholars.
Briefly discuss those criticisms.
3