Economics · Governement Bilingual High School Yaounde · Advanced Level · Mock Examination · Paper 3
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Exercices, méthodes & corrigés (8)
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1
Economic Systems
(a) Examine five reasons why most countries shift from planned to market economies (10mks) (b) Discuss the argument for and against the provision of free education in Cameroon (10mks)
20 pts2
Business Organization
(a) Clearly distinguish between a public limited company and private limited company (10mks) (b) Examine the relative important of the various sources of capital to business men in Cameroon (10mks)
20 pts3
Market Dynamics
(a) The determinants of price elasticity of demand are basically different from the determinant of change in demand explain (b) "Price controls are inefficient methods of helping the poor because they always lead to shortage" Discuss
20 pts4
Market Structures
(a) Critically examine the role of profit of profit in a free enterprise economy. (b) To what extent can a trade union secure wage increases for its members in conditions of collective bargaining?
20 pts5
Macroeconomic Gaps
(a) Explain the following with use of diagrams i) An inflationary gap ii) A deflationary gap iii) Explain the fiscal measures which Cameroon government can use to close such gaps (12mks) (b) "Paradox of saving in Cameroon" Explain (8mks)
20 pts6
Monetary Policy
(a) A central part of the monetarist argument is that the supply of money is essential if inflation is to be controlled. How far do you agree with this statement? (10mks) (b) How does the development of near money and growing use of money substitutes influence the demand for active balance (10mks)
20 pts7
Balance of Payments
(a) what are the effects of a persistent deficit in the current account of the balance of payment (b) Analyze the circumstances under which devaluation is likely to improve the balance of payment of a country
20 pts8
Economic Growth
(a) Describe the negative effects of rapid growth in Cameroon (b) What are built in stabilizers? How effective are they in controlling aggregate demand
20 ptsNote ma copiePremium
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