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IJMB Economics 102 Past Questions 2009

IJMB Economics 102 Past Questions 2009; This 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 2009

INTERIM JOINT MATRICULATION BOARD EXAMINATION 2009

SUBJECT:  ECONOMICS PAPER II 2009

DATE SCHEDULED: THURSDAY 28th MAY 2009

TIME ALLOWED:       THREE HOURS (3 HRS) 

INSTRUCTIONS:  Answer FIVE (5) 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.

  1.  Discuss the reasons why indirect taxes are superior to direct taxes as a means of raising revenue in Nigeria.
  1.  Assess the traditional functions of money and appraise their role in economic development in Nigeria.
  1. (a)  What do you understand by the term ‘’transmission mechanism’’?

(b)  Examine the direct and indirect tools of monetary policy in Nigeria.

  1. Discuss the various types of unemployment.
  1.  Highlight the types of incomes encapsulated in the Gross National Product (GDP)
  1.  Discuss the factors that influence the:

  (a)  Birth rate 

  (b)  Death rate, in any country.

  1.  Enumerate the functions and objectives of the European Union and state its relevance to developing countries. 
  1.  What are the advantages and disadvantages of a growing population?
  1.  Explain the phrase ‘’ private sector-led growth, ‘’ and discuss the advantage of increased inflow of investment into Nigeria’s increased economy.
  1.  List and discuss the various types of development plans.
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