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Economics of education and finance questions.

Economics of education and finance questions.

Find Economics of education and finance university examination questions in acaproso.com

# Question
1

Mention important factors of production in the education market, In what forms of payments are these factors being rewarded?


Short answers
2

Depending on the price of education ans assuming a market economy, there may be shortage or surplus in the production of education in a country. Elaborate.


Short answers
3

What are the key assumptions of each of the three critique models of human capital theory?


Short answers
4

Due to inadequacy of public resources for financing education , developing nations like Tanzania have adopted some strategies for financing education. Describe these strategies briefly.


Long answers
5

Describe the working of microeconomic model of education which includes the government (illustrate your answer with simple diagram)


Long answers
6

Briefly, describe the implications of the fact that resources available for education and other sectors of the economy are scarce.


Long answers
7

Describe any four characteristics of good macroeconomic performance.


Short answers
8

What policy instrument can Nations use in order to achieve economic excellence?


Short answers
9

With relevant examples, briefly, explain the following concepts

  1. Opportunity costs in education
  2. First round spill over benefits of education
  3. Second round spill over benefits of education

Long answers
10

Since late 1990s there has been a sharp increase in demand for secondary education in all developing African Nations. How can this situation be explained?


Long answers