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DEC712S - DEVELOPMENT ECONOMICS - 2ND OPP - JAN 2020 |
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NAMIBIA UNIVERSITY
OF SCIENCE AND TECHNOLOGY
FACULTY OF MANAGEMENT SCIENCES
DEPARTMENT OF ACCOUNTING, ECONOMICS AND FINANCE
QUALIFICATION: BACHELOR OF ECONOMICS
QUALIFICATION CODE: O7BECO
LEVEL: 7
COURSE CODE: DEC712S
COURSE NAME: DEVELOPMENT ECONOMICS
SESSION: JANUARY 2020
DURATION: 3 HOURS
PAPER: THEORY
MARKS: 100
SECOND OPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER(S)
Ms Kasnath Kavezeri
Mr Anthony Adeyanju
MODERATOR: Mr Immanuel Nashivela
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers clearly.
PERMISSIBLE MATERIALS
1. Pens/pencils/erasers
Calculator
3. Ruler
THIS QUESTION PAPER CONSISTS OF 2 PAGES (Including this front page)
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QUESTION 1
[25 Marks]
1. Table 1 below provides country statistics for three Sub-Saharan African countries. Use
the statistics and goalposts in Table 2 to compute the human development index for
The Gambia.
(17)
Table 1
Country
The Gambia
Namibia
Lesotho
Adult literacy | Life
GDP (USS) | rate (%)
(years)
800
55
45
7800
95
52
2000
90
52
expectancy | Combined _ gross
enrolment (%)
62
91
85
Table 2
Country
The Gambia
Namibia
Lesotho
Adult literacy | Life
GDP (USS) | rate (%)
(years)
800
55
45
7800
95
52
2000
90
52
expectancy | Combined gross
enrolment (%)
62
91
85
2. Describe the main assumptions of the Harrod-Domar growth model.
(8)
QUESTION 2
[25 Marks]
1. With the aid of a diagram explain the Inverted U-hypothesis by Simon Kuznet. (11)
2. Describe the elements of comprehensive migration and employment strategy. (14)
QUESTION 3
[25 Marks]
Broadly discuss the characteristics of Less Developed Countries.
(25)
QUESTION 4
[25 Marks]
A major model of economic growth was published by an American economist, Walt
Whitman Rostow in 1960. Broadly explain this model on various basic stages for a country
to attain development.
(25)
TOTAL = 100 MARKS
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