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IJMB Economics 102 Past Questions 2015

IJMB Economics 102 Past Questions 2015; 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 2015

INTERIM JOINT MATRICULATION BOARD EXAMINATION 2015 

SUBJECT:  ECONOMICS PAPER II  

DATE SCHEDULED: TUESDAY 3rd FEBRUARY, 2015

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. A calculator can be used if desired.

  1.  (a)  Explain the differences between the location and localization of industries.

 (b)  Discuss the roles of industries in the economic development of a nation.

       2.    Examine the various measures that can be taken to correct the balance of the payment deficit.

        3.   (a)  what do you understand by the term ‘’National Income Account’’?

               (b)  Mention and discuss the various methods used to estimate the national income of Nigeria.

        4.  Explain the concept of stabilization policy. How is it used to stabilize an economy?

         5.  Discuss the factors that are responsible for increased agricultural productivity in Nigeria.

           6.  (a)  Briefly explain Development planning.

                 (b)  Highlight the problem of Development planning.

                  (c   What are the characteristics of underdeveloped Nations?

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