THEORY OF FINANCE

QUESTION ONE (a). Use examples and illustrations explain eight principals of finance. (8mks) (b). Make-Em happy Corp. (MEH) has a different security for sale. You pay MEH Kshs 1000 today and the company will give you back Kshs 100 at Read More …

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CORPORATE FINANCE

QUESTION ONE a) Discuss how agency theory explains the relationship between the management and shareholders of a corporation. (5 marks) (b) How is wealth maximization as a goal of the corporate firm consistent with agency theory? (6 marks) (c) Is Read More …

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DEMOGRAPHIC ECONOMICS

QUESTION ONE a) i) Discuss the theory of demographic transition. (5marks) ii). Explain with example and illustration which stage Kenya in the demographic transition seems to be (3marks) b) Explain the relationship between a Lorenz curve and Gini coefficient (3marks) Read More …

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ECONOMICS OF LABOUR AND INDUSTRY

QUESTION ONE (a). Explain the concept production function. (3mks) (b). Differentiate between economy of scale and economy of scope. (4mks) (c). The Economic Planning Department at International chemicals, Inc. has used regression analysis to estimate the firm’s production function as: Read More …

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DEVELOPMENT ECONOMICS

QUESTION ONE a) With reference to a country of your choice drawn from Asia, Latin America or Africa, using the internal and external barriers to development, discuss the fundamental structural changes that the country would have to undertake for substantial Read More …

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INTERNATIONAL ECONOMICS I

QUESTION ONE (a) While the H-O model can explain Brazil’s world leadership in producing steel and sugar, it does not explain Japan’s leadership in producing automobiles (vehicles). Discuss this statement in relation to H-O theory and current trade patterns. (10marks) Read More …

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