 |
ENS612S-ECONOMICS OF NAMIBIA AND SACU COUNTRIES-2ND OPP-DEC 2025 |
|
|
1 Page 1 |
▲back to top |
nAmlBIA untVERSITY
OF SCIEnCE Ano TECHn □ LOGY
FACULTY OF COMMERCE, HUMAN SCIENCES AND EDUCATION
DEPARTMENT OF ECONOMICS, ACCOUNTING AND FINANCE
QUALIFICATION: BACHELOR OF ECONOMICS
QUALIFICATION CODE: 07BECO
LEVEL: 6
COURSE CODE: ENS612S
COURSE NAME: ECONOMICS OF NAMIBIA AND
SACU COUNTRIES
SESSION: DECEMBER 2025
DURATION: 3 HOURS
PAPER: THEORY
MARKS: 100
SECOND OPPORTUNITY EXAMINATION PAPER
EXAMINER(S) MR. MALLY LIKUKELA
MODERATOR: MR MAKAISAPI TJIUMBIRUA
INSTRUCTIONS
1. There are five (5) section in this paper
2. Answer ALL the questions.
3. Write clearly and neatly
4. Number the answers clearly
PERMISSIBLE MATERIALS
1. Examination paper.
2. Examination script.
THIS QUESTION PAPER CONSISTS OF 4 PAGES (Including this front page)
|
|
2 Page 2 |
▲back to top |
SECTION A: MULTPLE CHOICE
[10 MARKS]
1. Namibia's historic policy approach for attracting FD ls into the country is known as:
a) SEZ
b) HPP
c) NDP5
d) EPZ
2. The conditions that serve as a indicator of a looming macroeconomic instability is
a) Low enrollment rate
b) Weaknesses in the financial sector
c) None of the above
d) All of the above
3. Ministry of Justice fall under...... branch of the state
a) Legislature
b) Executive
c) Judiciary
d) None of the above
4. A political system where a democratically elected president is above the law since he is the
one that appoints the law markers is known as a
a) Democracy
b) Dictatorship
c) Autocracy
d) None of the above
5. Monetary Policy affects economic activities by:
a) Impacting money supply in the country
b) Impacting the monetary policy of Namibia
c) Impacting taxes and subsidies of Government
d) Impacting the money paid to the Banking School of Namibia
6. The largest contributor to the GDP of Namibia is:
a) Secondary Industry
b) Tertiary Industry
c) Government sector
d) Primary industry
7. Prolonged unemployment increases the chances of .........hired/employed
a) Being
b) None of these
c) Not being
d) All of the above
2
|
|
3 Page 3 |
▲back to top |
8. Banking and Financial sector falls under:
a) Primary Industry
b) Secondary Industry
c) Alloftheabove
d) Tertiary Industry
9. The usage of tax and public spending constitutes the:
a) Fiscal policy
b) EPZ Policy
c) Monetary policy
d) none of the above
1O. The most effective channel in the monetary policy transmission mechanism of Namibia is:
a) Asset price channel
b) Bank rate channel
c) Credit channel
d) Exchange rate channel
SECTION B: TRUE OR FALSE
[10 Marks]
1. Namibia is maintaining a fixed exchange rate with the Namibia dollar pegged to the
South African Rand because of colonialism.
2. Monetary policy cannot be used to reduce unemployment in the country.
3. Tax decreases increase funds for private and business spending.
4. Mercantilism is in support of Government's leading role in trade.
5. Privatization is the process of transferring government responsibilities to the private
sector.
6. Economic integration leads to less specialization especially for a small country that
Neighbours a big country like South Africa .
7. Things don't work in government due to measurement challenges.
8. The CMA is made up of some SADC member countries.
9. Achieving macroeconomic stability does not require creating a transparent system of
public expenditure.
10. Monetarist do not believe that monetary policy can be effective in preventing inflation.
3
|
|
4 Page 4 |
▲back to top |
SECTIONC:
[45 MARKS]
Question 1
Define the following terms
[10 marks]
1) Primary Industry
2) Monetary policy instrument
3) Economic integration
4) Free market system
5) Financial intermediary
Question 2:
[10 Marks]
Distinguish between the following terms
1. Absolute and Comparative advantage
2. Legislative and Executive branch of Government
3. Monetary and fiscal policy
Question 3
[10 marks]
Discuss in detail, the five main channels through which the monetary policy of the Bank of
Namibia is transmitted.
Question4
[15 marks]
Discuss the three branches of the state, use appropriate examples and scenarios
SECTION D:
[35 MARKS]
Question 1:
[10 marks]
Discuss in detail (with appropriate examples) the five levels of economic integration
Question 2:
[10 marks]
Privatization is seen to be the optimal solution for most government that wants to re-structure
their economic sectors for the benefit of the state, yet many remain opposed to it. In your view,
discuss the main reasons against Privatization.
Question 3
Discuss main provisions of the CMA
[15 marks]
4