IJMB Economics 102 Past Questions 2014; This IJMB Economics 102 past question is suitable for students about to sit for the upcoming IJMB EXAMINATION. Students should be informed that IJMB is an advanced-level program that helps students secure admission into the university of their choice without JAMB.
Recommended; See Other IJMB Past Questions Here
IJMB Economics 102 Past Questions 2014
INTERIM JOINT MATRICULATION BOARD EXAMINATION 2014
SUBJECT: ECONOMICS PAPER II
DATE SCHEDULED: TUESDAY 18th FEBRUARY, 2014
TIME ALLOWED: THREE HOURS (3 HRS)
INSTRUCTIONS: Answer FOUR (4) questions only. All questions carry equal marks. Credit will be given for good English and orderly presentation of materials. The calculator can be used if desired.
- Discuss the theory of comparative cost of advantage and its limitations to Nigeria.
- State the Malthusian Theory of population and examine its relevance and limitations in Nigeria.
- Discuss the Keynesian motives for holding money;
- Define Revenue Allocation and discuss the main principles governing revenue allocation in Nigeria.
- Examine the concept of globalization and explain how Nigeria can derive more benefits from her participation in the globalization process.
- Write short notes on the following;
i) GDP
ii) Real GDP
iii) Nominal GDP
(b) What are the economic uses of the GDP of a country?
