EXAMSHARE

Western Delta University, Oghara Delta State

department of economics
college of social and management sciences
western delta university

second semester examination 2022/2023 session

ECO102 - Principles of Economics II time: 2hrs

answer any FOUR questions

  1. Question 1

    What are the difficulties of a moneyless economy?

  2. Question 2

    1. With appropriate diagrams, distinguish between the demand-pull and cost-push inflation
    2. Explain the measures to control inflation in Nigeria

  3. Question 3

    1. List the types of unemployment you know
    2. Discus briefly any five effects of unemployment on Nigerians.

  4. Question 4

    1. The origin of banking can be traced to the 17th century when silver and gold (precious metals) were used as money. Elaborate.
    2. What role has Central Bank played in the development of Nigeria?

  5. Question 5

    1. Distinguish between macroeconomics and microeconomics
    2. Discuss the goals of macroeconomics

  6. Question 6

    1. Explain the various forms of money you know
    2. What are the functions of money?