Unilag 2016/2017 Postgraduate Masters & PGD ECONOMICS Entrance Past Questions And Answers FREE Download pdf

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Find  a sample Unilag Postgraduate Pgd and Msc Economics examinations below and click the link to get 6-8 years copies of the previous exams.



UNIVERSITY OF LAGOS
DEPARTMENT OF ECONOMICS
2011/2012 POSTGRADUATE PROGRAMMES ENTRANCE EXAMINATIONS

TIME ALLOWED: 60 MINUTES

1.         In the Gross Domestic Product in recent years, the agricultural sector accounts for
            A.        Between 4% and 9%              B.        between 10% and 14%
            C.        Between 15% and 34%          D.        Between 35% and 45%          E. above 45%

2.         What percentage of Nigeria’s export earning is accounted for by manufactured goods?
            A.        1 to 3%            B. 4% and 6%             C. 7% and 9%             D. above 20%

3.         Per capita GNP growth rate in Nigeria has fluctuated in recent years between
            A.        0 and 3%         B. 4% and 9%             C. 7% and 9%             D. above 9%

4.         According to UNDP Human Development Index Nigeria is ranked
            A.        Among the richest 60 countries          B. among the richest 80 countries
            C.        among the richest 100 countries         D. below the richest 100 countries

5.         Gross Domestic Product (GDP) may be defined as:
            A.        GDP = C + 1 + G                               B.        GDP = C + 1+ X –M
            C.        GDP = C + 1 + G + X – M                 D.        GDP = C + 1 + G + < - X
            Where C is private consumption expenditure, 1 is private investment expenditure, 
G is government expenditure X is exports and M is imports of goods and services

6.         Gross national income GNI is defined as
            A.        GNI = GDP + FI – FP + D                B.        GNP = GDP – FI + FP – D
            C.        GI = GDP + FI – FP – NIBT             D.        GNP = GDP – FI+FP – NIBT

7.         Suppose GNI in 2010 at current prices is estimated as 25,000 billion Naira, while 
   population is estimated as 150 million, then GNI per capita is approximately.
            A.  N1,667                  B.N16.667                  C.  N166.667              D.        N1,666.667

8.         Suppose GDP (at 1990 constant basic prices) is 620 billion Naira in 2005 and
 850 billion Naira in 2010. Calculate the average annual growth of GDP
            A.        3.5%                B. 5.6%           C. 6.5%           D. 7.3%

9.         In the closed economy model without government, the multiplier, k, may be expressed as
            A. 1/(1-m)                   B 1/(1-c)          C. 1/(1-s)         D. 1/(1-c(1-t)+m)
            Where is marginal propensity to consumes is marginal propensity to save and m is 
        marginal propensity to import and t is tax rate of national income Y.

10.       In the closed governed economy, the multiplier may be expressed as

            A. 1/(s+1)                    B. 1/(1-c-t)      C. 1/(1-s-t)       D. 1/(1-c(1-t)



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