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RIFT VALLEY UNIVERSITY NEKEMTE CAMPUS
FACULTY OF BUSINESS AND ECONOMICS
DEPARTMENT OF ECONOMICS ASSIGNMENT OF DEVELOPMENT ECONOMICS-II –GROUOP ASSIGNMENT (20%) _____________________ THIRD YEAR STUDENTS ____________ GENERAL INSTRUCTIONS: WRITE YOUR NAME, ID NO AND YOUR DEPARTMENT ONLY ON THE COVER PAGE ANSWER ONLY TEN QUESTIONS AMONG THE FOLLOWING ALL QUESTIONS. NEAT AND GOOD HAND WRITING WILL HAVE CREDIT. COPYING FROM EACH OTHERS HAS NO EXCUSE. MAKE A GROUP ACCORDING TO THE ORDER OF YOUR ID No : ONE GROUP CONTAINS ONLY FIVE (5) MEMBERS. ALL QUESTIONS HAVE EQUAL VALUE. PART-I-WRITE YOUR ANSWER PRECISELY TO THE POINT. 1. How does the microeconomic theory of fertility relate to the theory of consumer choice? Do you think that economic incentives and disincentives influence family size decisions? Explain your answer, giving some specific examples of such incentives and disincentives. 2. Population growth in developing nations has proceeded at unprecedented rates over the past few decades. Compare and contrast the present rate of population growth in less developed countries with that of the modern developed nations during their early growth years. What has been the major factor contributing to rapid developing country population growth since the Second World War? Explain your answer. 3. Governments can influence the character, quality, and content of their educational systems by manipulating important economic and noneconomic factors or variables both outside of and within educational systems. What are some of these external and internal factors, and how can government policies make education more relevant to the real meaning of development? 4. What are the links among educational systems, labor markets, and employment determination in many developing countries? Describe the process of educational job displacement. 5. What do we mean by the economics of education? To what extent do you think educational planning and policy decisions ought to be guided by economic considerations? Explain, giving hypothetical or actual examples. 6. Describe and comment on each of the following education-development relationships: A. Education and economic growth: Does education promote growth? How? B. Education, inequality, and poverty: Do educational systems typical of most developing countries tend to reduce, exacerbate, or have no effect on inequality and poverty? Explain with specific reference to a country with which you are familiar or investigate. C. Education and migration: Does education stimulate rural-urban migration? Why? D. Education and fertility: Does the education of women tend to reduce their fertility? Why? E. Education and rural development: Do most formal educational systems in developing countries contribute substantially to the promotion of rural development? Explain. F. Education and the brain drain: What factors cause the international migration of high-level educated workers from developing to developed countries? What do we mean by the internal brain drain? Explain, giving examples.
@YEROSAN SH.B. (MSc.) SUBMISSION DATE: MAY 13, 2023
1 7. Why might the problem of rapid urbanization be a more significant population policy issue than curtailing population growth rates over the next two decades for most developing countries? Explain your answer. 8. What are the principal reasons for the relative stagnation of developing-country agriculture in Africa? How can this disappointing performance be improved on in the future? Explain your answer. 9. Compare and contrast the nature of peasant or small-scale traditional agriculture in Asia, Africa, and Latin America. How do overall agricultural systems differ among these regions? What are the common characteristics? 10.There appears to be widespread agreement that in regions where the distribution of land ownership is highly unequal (mainly Latin America but also parts of Asia), land reform is a necessary but not sufficient condition for promoting and improving small- scale agriculture. What is meant by this statement and by the concept of land reform? Give some examples of supportive policy measures that might accompany land reform. 11.The effects of international trade on a country’s development are often related to four basic economic concepts: efficiency, growth, equity, and stability. Briefly explain what is meant by each of these concepts as it relates to the theory of international trade. 12.What are the possibilities, advantages, and disadvantages of export promotion in developing nations with reference to specific types of commodities (e.g., primary food products, raw materials, fuels, minerals, manufactured goods)? 13.Trace the evolution of the developing-country debt problem during the 1970s and 1980s. What were the key ingredients? Explain your answer. 14.What is meant by tied aid? Most nations have increasingly shifted from grants to loans and from untied to tied loans and grants. What are the major disadvantages of tied aid, especially when this aid comes in the form of interest-bearing loans?
@YEROSAN SH.B. (MSc.) SUBMISSION DATE: MAY 13, 2023