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Exam (elaborations)

Exam (elaborations) ECS3707 - Development Economics (ECS3707)

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ECS3707 OCT/NOV 2022 Memo, comprehensive notes, other questions and answers.

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  • November 3, 2022
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UNIVERSITY EXAMINATIONS




Oct/Nov 2022

ECS3707

DEVELOPMENT ECONOMICS

100 Marks
Duration: 2 Hours
EXAMINERS:
FIRST: Ms R Lötter
SECOND: Ms K Nchoe
EXTERNAL: Dr S Gumede

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This paper consists of FOUR (4) compulsory questions, counting 25 marks each.
Answer all four questions.

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, Page 2 of 16 ECS3707
CONFIDENTIAL Oct/Nov 2022


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, Page 3 of 16 ECS3707
CONFIDENTIAL Oct/Nov 2022

Question 1
Study the table below and answer questions 1.1 to 1.6


Selection of Countries: Human Development Index 2020
Rank Country HDI value Life Expected Mean years GNI per
expectancy years of of capita
schooling schooling $(PPP)
1 Norway 0,957 82,4 18,1 12,9 66494
2 Ireland 0,955 82,3 18,7 12,7 68371
3 Hong Kong 0,949 84,9 16,9 12,3 62985
4 Iceland 0,949 83,0 19,1 12,8 54682
13 UK 0,937 81,3 17,5 13,2 40071
17 USA 0,926 82,4 16,2 13,4 63826
38 Portugal 0,864 82,1 16,5 9,3 33967
43 Chile 0,851 80,2 16,4 10,6 23261
58 Panama 0,815 78,5 12,9 10,2 29558
70 Cuba 0,783 78,8 14,3 11,8 8621
79 Thailand 0,777 77,2 15,0 7,9 17781
85 China 0,761 76,9 14,0 8,1 16057
100 Botswana 0,735 69,9 12,8 9,6 16347
114 South Africa 0,709 64,1 13,8 10,2 12129
130 Namibia 0,646 63,7 12,6 7,0 9357
131 India 0,645 69,7 12,6 6,5 6681
148 Angola 0,581 61,2 11,8 5,2 6104
156 Comoros 0,554 64,3 11,2 5,1 3099
174 Malawi 0,483 64,3 11,2 4,7 1035
187 Chad 0,398 54,2 7,3 2,5 1555
Source & link; http://hdr.undp.org/en/content/latest-human-development-index-ranking


The spaces provided below indicate the approximate length of your answer.


1.1 Define the Human Development Index (HDI) (3)

, Page 4 of 16 ECS3707
CONFIDENTIAL Oct/Nov 2022

1.2 Discuss Life expectancy at birth rate in relation to the HDI. (3)




1.3 Describe expected years of schooling in relation to the HDI. (3)




1.4 Explain the relevance of Gross National Income per capita (GNI per capita). (3)

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