i, A?p!ied Regional and Rural Economic Development
ARR710S
Question 1
a. Explain the economic theory of Pure Public Good
(5)
b. Using this theory, demonstrate how an economic resource may not be optimally utilized for
the benefit of the whole community
(5)
[10]
Question 2
a. Explain the concept of "the tragedy of the commons".
(5)
b. Relate this concept to the economic use and value of communal land in Omheke to
demonstrate your understanding.
(5)
[10]
Question 3
The Targeted Intervention Programme for Employment and Economic Growth (TIPEEG)was a three-
year programme launched by the Government of Namibia from the 2011/12 fiscal year to reduce
unemployment and support strategic growth sectors in the economy.
a.
What are the key intervention areas of TIPEEG?
(5)
b.
Discuss expected outcomes associated with TIPEEG?
(2)
C.
Assess the macroeconomic implications of TIPEEG.
(5)
d.
Discuss the TIPEEG strategy implemented by the government to promote regional and
rural economic development. Include in your discussion the main areas of economic
intervention and an evaluation of the aims and rationale of the strategy.
(8)
[20]
Question 4
Justify the statement, providing evidence where possible, that the establishment of a Regional
Council is the most effective way of promoting regional economic development in Namibia.
[10]
Supplementary Examination
Page 2 of 3
July 2022