Differentiate between economic growth and economic development.   [4]

1.  
2. Discuss the following concepts and indicate how they relate to agricultural andeconomicdevelopment in LDCs:
3.  
4. Share Tenancy.        [4]
5.  
6. Labour surplus.        [4]
7.  
8. Quasi Rent.        [4]
9.  
10. Dual sector economy.        [4]
    1.  
    2. Discuss four ways in which agriculture contributes towards economic development.   [8]
    3.  
    4. Explain the role of agriculture towards foreign exchange earnings of LDC countries. [4]
    5.  
11.  
12.  

QUESTION TWO [28]

2.1 Discuss economic rent vs Ricardian "Corn rent" and explain how these concepts are related to marginal productivity of land in LDCs. [6]

2.2Differentiate betweeneconomic efficiency and economic effectiveness. [4]

2.3 Compare and contrast Fei-Ranis (FR) and Lewis Models of dual economy. [12]

2.4"If a person can get sufficient in four days to support himself for seven days, he will keep holiday the other three; that is, he will live in riot and debauchery." Do you Agree or Disagree? With a use of a diagram, support your response with a detailed discussion. [20]

2.5 Write short notes on the dual economy and migrant labour system in Africa [6]