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ENS612S- ECONOMICS OF NAMIBIA AND SACU COUNTRIES- 1ST OPP- NOV 2023 |
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nAmlBIA UnlVERSITY
OF SCIEn CE TECHn OLOGY
FACULTYOF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF ECONOMICS,ACCOUNTING AND FINANCE
QUALIFICATION:
BACHELOROF ECONOMICSDEGREE
QUALIFICATIONCODE: 07BECO
COURSECODE:
ENS612S
SESSION:
NOV 2023
LEVEL:
6
COURSENAME: ECONOMICS OF NAMIBIA AND
SACU COUNTRIES
PAPER
THEORY
DURATION:
3 HOURS
MARKS:
100
EXAMINER(S)
MODERATOR:
FIRSTOPPORTUNITYQUESTION PAPER
Prof. Tafirenyika Sunde
Mr Pinehas Nangula
Mr Eslon Ngeendepi
INSTRUCTIONS
1. Answer any four of the five questions in this paper.
2. Write clearly and neatly.
3. Number the answers clearly.
PERMISSIBLEMATERIALS
None
THIS QUESTION PAPERCONSISTSOF 2 PAGESINCLDUNGTHE COVERPAGE.
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Question 1
[25 marks]
a) Assess the role of the Namibian government's economic policies in promoting foreign
investment and supporting Small and Medium-sized Enterprises (SMEs) after
independence.
[15]
b) Considering the ongoing challenges such as high unemployment and income
inequality, how can the Namibian government further enhance the business
environment to accelerate economic growth and diversification?
[10]
Question 2
[25 marks]
a) Explain the benefits to Namibia of being a member of the Common Monetary Area
(CMA).
[15]
b) Critically analyse the potential challenges and limitations that Namibia might face due to
its membership in the CMA, especially in terms of monetary policy independence. [10]
Question 3
[25 marks]
a) What are the primary objectives of fiscal and monetary policies in the economy, and
what tools are typically employed to achieve these objectives?
[15]
b) Consider a hypothetical economic scenario where fiscal policy pushes for expansion
while monetary policy aims for contraction. Analyse the possible impacts on economic
indicators like GDP, unemployment, and inflation. Propose measures to harmonise
these policies for balanced economic growth and stability.
[10]
Question 4
[25 marks]
a) Describe the causes and consequences of corruption within a government structure.
[15]
b) How can a nation combat corruption internally, and what roles can international
entities play in supporting the reduction of corruption? Include potential strategies
and policies that can be effective in various governmental contexts.
[10]
Question 5
[25 marks]
a) Briefly provide an overview of SADC, including its objectives, member countries, and
critical institutions.
[15]
b) Considering SADC's objectives and challenges, propose strategies to enhance its
effectiveness in promoting economic growth and stability among member countries.
Include policy harmonisation, infrastructure development, and conflict resolution
considerations in your discussion.
[10]
The End
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