ALVAN IKOKU FEDERAL COLLEGE, OWERRI IN AFFILIATIOM WITH UNIVERSITY OF NIGERIA, NSUKKA SCHOOL: SCHOOL OF SOCIAL SCIENCES DEPARTMENT: ECONOICS COURSE CODE: ECON 272 COURSE TITLE: LABOUR ECONOMICS ACADEMIC YEAR: 2022/2023 SEMESTER: 2ND SEMESTER Time: 2 Hours Instructions: Answer any four (4) Questions only

1a. What to you understand by labour economics
b) Elaborate any five peculiarities of labour as a factor of production
2. What is trade union?
b) Elucidate the four major type of trade union in Nigeria.
3. What do you understand by the concept of labour market.
b) Explain any five characteristics of labour market.
4. What is demand for labour
b) List and explain any five factors affecting demand for labour in the country.
5. Distinguish between income effect and substitution effect of an increase in wages
b) Explain any four factors affecting supply of labour
6. Explain the term unemployment
b) Identify and explain any five types of labour unemployment in the country.

ALVAN IKOKU FEDERAL COLLEGE OF EDUCATION, OWERRI IN AFFILIATION WITH UNIVERSTTY OF NIGERIA, NSUKKA SCHOOL: SCHOOL OF SOCIAL SCIENCES DEPARTMENT: ECONOMICS COURSE TITLE:STRUCTURE OF THE NIGERIAN ECONOMY ll COURSE CODE: ECON 282 ACADEMIC YEAR: 2022/2023 SEMESTER: 1ST SEMESTER Time: 2 Hours Instructions: Answer any four (4) Questions only

1a. Define the concept national income
b) Explain three (3) importance of national income
c) Explain any two (2) limitations in measuring the income method of national income.
2a. Define the concept monetary policy.
b) Explain five (5) instruments the government can adopt to achieve fiscal policy objectives in Nigeria.
3a. What is money?
b) List four (4) drawbacks of the barter system.
c) Explain any three (3) functions of money
4a. Discuss briefly the nature of the petroleum industry in Nigeria.
b) Use five (5) reasons to critically assess the impact of petroleum on the Nigerian
economy.
5a. Define the concept financial institutions.
b) Explain any two (2) types of financial institutions.
c) Explain three functions of commercial banks in Nigeria
6a. Define the concept wholesaler.
b) Discuss five (5) functions of the wholesaler in the chair of distribution.

ALVAN IKOKU FEDERAL COLLEGE OF EDUCATION, OWERRI IN AFFILIATION WITH THE UNIVERSITY OF NIGERIA, NSUKKA FACULTY: Education SCHOOL: Social Sciences DEPT: Economics SESSION: 2022/2023 C/CODE: Econ 302 C/TITLE: Intermediate Macro Economics INSTRUCTION: Attempt four (4) questions only

1. Clearly define the term macroeconomics
b. Enumerate four (4) importance of the study of macroeconomics
c. List the macroeconomic objectives
d. State five (5) differences between macroeconomics and microeconomics
2. List and explain four (4) theories of consumption
b. Discuss two (2) shortcomings of each consumption theory
c. State the Keynesian consumption function
d. What is the economic importance of the components of the consumption function.
3. Given the following information about an economy
C=200 + 0.25Yd I= 400 G=100 Tx=50 calculate:
(a) The equilibrium level of income
(b) The level of consumption
(c) The level of savings
(d) The equality of savings and investment
(e) the disposable income
(4a.) List and explain four (4) theories of investment
(b.) Discuss two (2) defects of each of the investment theories ( c ) State the investment model in a three (3) model open economy.
5. Given the following model of an economy:
C= 60 + 3/4Yd, |= 160, G= 260, T= 80 + I/3Y, calculate
a) The equilibrium level of income
b) The resulting change in income if investment decreased by 20
c) The investment multiplier
d) The equilibrium level of consumption
e) How much does the government collect in taxes when the economy is in equilibrium?
f) What is the government budget, deficit or surplus budget?
6. Given the following; C = 100 + 0.8yd, I = 150m, R =50m, G =60m T=5%
a. Determine the equilibrium level of income
b) Evaluate the multiplier and explain what it is
c) Write short note on (i) fiscal policy (ii) monetary policy (iii) IS curve (iv) LM curve (v) National income.

Alvan Ikoku Federal College of Education, Owerri In Affiliation with University Of Nigeria Nsukka Faculty: Education School: Social Sciences Department: Economics Course code: 304 ; Course Title: Intermediate Macroeconomics 11 Units : 2; Academic Year: 2023; Semester:Second; Time: 2Hours Instruction: Answer Four Questions Only

1a) The loanable fund theory of interest rate explains that the determination of the rate
of interest is deternmined by the demand and supply of loanable funds. Explain with a
good diagram .
b) List and explain three (3) qualities of a commodity market.
2a) With a good diagram explain the classical theory of interest rate and its criticisms.
b) Differentiate between money market and employment market.
3a) Explain the types of Fiscal policy with a good diagram.
b) Discuss four (4) measures to cure recession in Nigeria
4a) Explain the concept of crowding-out effect and discuss the four types.
b) In macroeconornics policy it is impossible to use real resources in public and private
sectors simultaneously explain with a good diagram.
5a) Diagrammatically explain the IS – LM curves.
b) Discuss four (4) effectiveness of monetary and fiscal policy.
6a) Despite the weakness of the loanable fund theory, it is still better than the classical theory on a number of counts. Explain only four.
b) Differentiate between monetary and fiscal policy.

ALVAN IKOKU FEDERAL COLLEGE OF EDUCATION, OWERRI IN AFFILIATION WITH UNIVERSITY OF NIGERIA NSUKKA FACULTY: EDUCATION COURSE CODE: SSE 308 SESSION: 2022/2023 SEMESTER: 2ND DEPARTMENT: ECONOMICS TITLE:CURRENT TRENDS IN ECONOMICS EDU Time: 2 hrs INSTRUCTION: ANSWER ANY 4 QUESTIONS

1a. Dissuss briefly in your own language what you understand as teaching trends in Economics
b. Explain any 3 recent trends in Economics Education
c. Draw a clear cut distinction between the traditional & 21st century teaching method.
2a. Discuss 5 emergent issues in teaching of Economics
b. In what ways can these issues be rectified?
3. Differentiate between methods & techniques in teaching
b. Enumerate any 5 factors to be considered when selecting teaching methods.
4a. Who is an effective Economics teacher?
b. Explain any 5 reasons for late introduction of Economics into secondary school curriculum in Nigeria?
5a. Explain 3 Characteristics of modern teaching method.
b. Enumerate any 5 advantages and disadvanges.
6. Write short but explanatory notes on
i. Problem based learning
ii. Forecasting (iii) Online Assssment (iv) Competency based learning
v. Video Tutorial.

ALVAN IKOKU FEDERAL COLLEGE OF EDUCATION IN AFFILIATION WITH UNIVERSITY OF NIGERIA, NSUKKA FACULTY: FACULTY OF EDUCATON SCHOOL: SOCIAL SCIENCES DEPT: ECONOMICS COURSE TITLE: DEVELOPMENT ECONOMICS ACADEMIC YEAR: 2022/2023 SEMESTER: 1ST SEMESTER COURSE CODE :361 TIME: 2HRS INSTRUCTION: ANS WER ANY FOUR (4) QUESTIONS.

1. Several renowned economists have distinguished Economic Growth from Economic Development. With particular reference to the specific positions of at least four (4) renowned economists, extensively distinguish Economic Growth from Economic Development.
2. There are four ways of measuring economic development and each has its own limitations. List and discuss these four ways of measuring economic development and state three limitations of each.
3.(a) Discuss extensively the Rostow’s stages of Economic Growth.
(b) State five (5) limitations of the Take-Off Stage from the standpoint of underdeveloped countries.
4. Since it is difficult to locate a proper representative of underdeveloped country on
the world map, yet it is possible to focus attention on some of its characteristics.
Therefore, list and discuss ten (10) characteristics of underdevelopment.
5.(a) Exolain the term Human Development Index (HDI).
(b) Using the data in the table below, compute the Nigeria’s HDI for a 1985 hypotheical year;
(c) Interpret your result in (b) above

INDICATORS -MAXIMUM VALUE-MINIMUM VALUE-ACTUAL VALUE
i. Life Expectancy Ratio (LER)
-85years -15yeas -70years
ii. Education Index * Adult Literacy Index(ALI) -100% -0% 92%
*Gross Enrolment index(GEI) -100% -0% -55%
iii. GDP Index (per capita PPP$)
-$50,000 -$200 -$8,500
6. Write on any three of the following:
(i) Vicious Circle of Poverty
(ii) Harrod-Domar Models of Economic Growth
(iii) Disguised Unemployment
(iv) Doctrine of Balanced Growth
(v) Implications of currency redesign in Nigeria
(vi) Implications of crypto ban in Nigeria.