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Eap b403 - Economics

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34 views3 pages

Eap b403 - Economics

Research materials compiled

Uploaded by

ashleyokungu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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UNIVERSITY EXAMINATION 2023/2024 ACADEMIC YEAR

4TH YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF

EDUCATION (ARTS AND SCIENCE)

COURSE CODE/TITLE: EAP B403: ECONOMICS OF EDUCATION


AND EDUCATIONAL PLANNING

END OF SEMESTER: I DURATION: 2 HOURS

DAY/TIME:MONDAY:3.00 TO 5.0 P.M DATE:18/12/23 (LIB.)

INSTRUCTIONS

Answer Question One and Any other Two Questions in the answer booklet provided.

QUESTION ONE (30 MARKS)


a) Define the term economics of education (2 marks)
b) With examples drawn from education, distinguish between:
i) Macro planning and Micro planning (2 marks)
ii) Investment good and consumption good (2 marks)
c) Explain the most suitable educational planning method that can be used to
improve access and enrolment into secondary schools in Kenya (4 marks)
d) Describe the opportunity cost of university education in relation to:
i) Student ((2 marks)
ii) Society (2 marks
e) Identify any two (2) tools that have been used by the Ministry of Education
(Kenya) in:
i) Demand side financing of education (2 marks)
ii) Supply side financing of education (2 marks)
f) Using examples explain ‘concept of cost-effectiveness’ of educational programs
(5marks)
g) Imagine a small private college that offers various degree programs. The college
wants to assess the cost of providing education and its impact on tuition fees.
The college's total cost of operation, including faculty salaries, facilities
maintenance, administrative expenses, and other overheads, is estimated at Ksh.
1, 420 million per year. The college has 8,000 students currently enrolled in
various programs. Now, analyse the following:

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i) Calculate the average cost per student per year (2 marks)
ii) If the college decides to enrol an additional 100 students, calculate the
marginal cost (2 marks)
iii) Should the college admit more students at this point, and why? (3 marks)

QUESTION TWO (20 MARKS)


a) Analyze the impact of educational quality on the development of human capital
(8 marks)
b) Imagine you are tasked with conducting a school mapping exercise for a local
school district. The goal is to gather essential information about each school and
its surrounding community to aid in better resource allocation and educational
planning. Describe the steps you would follow in this school mapping process,
ensuring that the information gathered is comprehensive and useful for decision-
making. (12 marks)

QUESTION THREE (20 MARKS)


a) A country is considering a significant increase in public spending on education.
What economic arguments can be made in favour of this policy? (8 marks)
b) Discuss four (4) contemporary issues educational planners face when planning
education in developing countries (12 marks)

QUESTION FOUR (20 MARKS)


a) Explain the trade-offs between equity and efficiency in education (4 marks).
b) How can educational policies balance the need to provide equal opportunities for
all students while ensuring efficient resource allocation (4 marks)
c) Discuss four (4) challenges that educational planners and policymakers face
when developing and implementing effective educational plans in today's rapidly
changing world? (12 marks).

QUESTION FIVE (20 MARKS)


a) Educational planning is often described as a cyclic process. Discuss (5 marks)
b) The table below shows an enrolment distribution for a cohort of Bachelor of
Education program that enrolled in Pwani University in the Year 2019 and
graduated in the Year 2023. The upper date is the total enrolment and the lower
are the repeaters.

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Year Grade Graduates
1 2 3 4
2019 750 772 710 659 651
12 10 11 12
2020 770 730 650 680 592
13 11 12 12
2021 810 780 780 860 675
12 12 12 13
2022 820 779 722 776 572
11 12 11 12
2023 830 792 745 758 691
14 12 12 12

Calculate to 3 decimal places:


i) Survival rate in year 2 of 2020 (2 marks)
ii) Grade dropout rate in year 3 of 2022 (4 marks)
iii) Grade repeater rate in year 1 of 2021 (2 marks)
iv) Grade retention rate in year 3 of 2023 (3 marks)
v) Graduation rate in 2019 (2 marks)
vi) Average year of schooling for the 2019 cohort (2 marks)

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