THE UNITED REPUBLIC OF TANZANIA

PRESIDENT’S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

NJOMBE REGION  

FORM SIX PRE-MOCK EXAMINATION

CODE: 151/2                                                                      ECONOMICS 2

TIME: 3:00 HRS                                         Wednesday, 23^rd August 2023 A.M

 INSTRUCTIONS.

1.   This paper consists of sections A, B and C with a total of eight (8) questions

2.   Answer all questions in section A and two (2) questions from sections B and C 

3. Question number 1 and 2 carries ten (10) marks each while those in section B       and C carries twenty (20) marks each.

4. Write your Examination number on every page of your booklet(s)

SECTION A (20 MARKS)

Answer all questions in this section

1.     Briefly describe five necessary conditions for a successful economic integration.

2.     Give the meaning of the following economic terms 

•      Tax to income ratio 

•      Value Added Tax

•      Ability to pay principle

•      A dead weight debt

•      A funded debt

SECTION B (40 MARKS)

Answer two (02) questions from this section

3.     (a) By providing five (5) points. Explain the practical application of the national income figures in our daily life.

(b) You’re given the following data for an economy;        

Consumption                          C=250+ 0.75Yd 

 Investment                              I=50

Government expenditure         G=20

Taxes                                        T=200

Find   

•      Equilibrium level of income

•      Consumption, Private sector saving 

•      Using the value of taxes multiplier, how much will income increase if taxes are reduced by 30?

•      If the government expenditure decreases by 10, what is (i) equilibrium level of income, (ii) Government expenditures multiplier?

•      What is the government’s budget deficit or surplus? In (iii) and (iv) above.

4.     a) Explain any five (5) constraints to credit creation in most Least   

   Developed Countries (LDC's)

 (b) If credit created by banking system is 100,000/=and the total reserve is      20,000/=. Calculate the following:

i)      Credit multiplier 

ii)   Reserve ratio           

 iii)  Initial Loan created            

 iv)  Total Loan created           

 v) Initial cash reserve

5.     (a) Consider the given hypothetical data for country X and then answer questions that follow

i) Find the commodity or net barter terms of trade for the years 2000 to 2004 ii) Comment on the nature of terms of trade as indicated on the table in (i)

b) With five (5) points explain the remedies for deteriorating terms of trade.

SECTION C (40 MARKS)

Answer only two (02) questions in this section

6.     “Private crops buyers play a significant role in the Tanzania economy”. Discuss this contention showing four advantages and four disadvantages of private crop buyers in the Tanzania economy.

7.     a) Discuss five limitations facing Tanzania during economic planning

b)      Examine the nature of planning in the given economies

 i) Market economy                    

ii) Command economy         

 iii) Mixed economy

8.     (a) Analyze five (5) causes of price fluctuations of agricultural products

b)      Explain how price fluctuations of agricultural products affect the

         Economic growth of Tanzania. (Five points)

THE UNITED REPUBLIC OF TANZANIA

PRESIDENT’S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

                                           NJOMBE REGION  

FORM SIX PRE-MOCK EXAMINATION

CODE: 151/1                                                                            ECONOMICS 1

TIME: 3:00 HRS                                    Friday, 18^th August 2023 A.M

INSTRUCTIONS 

1.      This paper consists of sections (A, B and C) with total of eight (8) questions.

2.      Section A carries twenty (20 marks) and section B and C carry forty (40) marks each.

3.      Answer all questions in section A and two questions from each section B and C.

4.      Programmable calculators and non- authorized materials are not allowed in examination room.

5.      Write your examination number on every page of your answer sheet.

SECTION A (20%) Answer all questions

1.      Prime minister of the United Republic of Tanzania Majaliwa Kassim Majaliwa (MP) went at Rujewa District with the aim of fulfilling what the people of Rujewa want, but at the end of his visit he noticed he did not reach the goal for his visit. Do you think why? (Provide five points) 

2.      Briefly analyses five effects of high population density in developing countries.

SECTION B (40%)

Answer any two questions from this section

3.      (a) Study the table below and answer the question that follows;

Calculate;

(i)    Simple price index for 2015

(ii)    Weight price index for 2015

(iii)    Average price index number for 2015.

(b)    Describe five (5) problems facing by economist in compiling index numbers.

4.      (a) The additional product function for Coca-Cola Company in a period is given as 3L²-24L, Where, L is number of labour in man-hours. Determine;

i.    Number of labour (L) at a point where diminishing marginal return start.

ii.   Number of labour which maximizes the total output.

iii.  Number of labour employed to maximize Average product 

iv.       Indicate output rate function

(b)    Narrate five reasons for government setting minimum wage.

5.      (a) Given the following demand function Qd= 20-2p, where the price ranges from 0 to 6

(i)       Construct the demand schedule

(ii)    Plot the demand curve

(iii)  Calculate the price elasticity of demand when the prices change from2 to 6.

(b)    Elaborate four (4) methods of determining price in the market. 

SECTION C (40%)

Answer any two questions in this section

6.      Price discrimination exists when a commodity is sold at different price irrespective of the cost of production. With six (6) points analyze the circumstances under which price discrimination is possible.

7.      Explain the relationship between privatization and economic development of the country like Tanzania. (Give 6 points).

8.      In six (6) points examine the conditions for attaining full employment.

PRESIDENT’S OFFICE

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

KILIMANJARO REGIONAL COMMISSIONER’S OFFICE

FORM SIX MOCK EXAMINATION

ECONOMICS 2

INSTRUCTIONS 

1.                This paper consist of sections A, B and C with total of eight (08) questions.
2.                Answer all questions in section A and two (2) questions in section B and C respectively.
3.                Section A carries Twenty (20) marks; section B and C carries forty (40) marks each.
4.                Non programmable calculators may be used.
5.                All communication devices and any unauthorized materials are not allowed in the examination room.
6.                Write your examination number on every page of your answer booklet(s) provided.

SECTION A (20 Marks)

Answer all questions in this section

1.                Most of developed countries have achieved to attain their goal in advanced industrialization through employing the modern technology which has encourage innovations and prosperity in the sector. With five(5) points explains how the economy of Tanzania will revive and boom through investing successfully in the Import–Substitution Industrialization strategy (ISIS)
2.                The development countries especially sub-Saharan countries, including Tanzania, have not realized countries have not realized the benefits.

SECTION B (40 Marks)

Answer two (2) questions in this section

3.                (a)An economy of a certain country is given by

C=150+0.8y

I=400

G=700

X=130

M=0.08y 

(The figure are in million shillings)

Calculate 

1. Equilibrium national income
2. Consumption expenditure
3. Investment multiplier
4. Marginal propensity to save
5. When equilibrium income changes to 500, what is the new government expenditure?

(b)Give at least five (5) immense significances for studying the circular flow in the economy.

4.                Suppose an initial deposit of 1000 is made into the banking system and the cash ratio is fixed at 20%. Assuming there are many banks in the economy say A, B, C and D.

1. Shown how the process of credit creation can take place
2. Find final deposit
3. Credit multiplier
4. Total loan created
5. Total cash reserve created

5.                Table below shows income distribution in a society. You are required to:

1. Plot the Lorenz curve
2. Determine:

1.                The percentage of wealth
2.               The percentage of wealth which is owned by the top 20% of the population.

3. Comment on the shape of the Lorenz curve

SECTION C (40 Marks)

Answer two (2) questions from this section

6.                (a)Suppose you are a form six student of economics and you have been given a task to present about economic planning. Critically  analyse the steps in which a project planning must follow (5 points)

(b)Why the government need for a proper economic planning? (5 points)

7.                The government of Tanzania is trying to widen the tax base and taxable capacity through introducing and imposing fee charges in various necessity goods and services offered and provided to its people aiming at perpetuating and increasing the revenue collected for financing various important projects in the country. Explain six (6) main reasons why some of the citizens have perceived the idea contrary and realized the benefits.
8.                Discuss the collisions and difficulties that impending the Sustainable Economic Development in the East Africa great Lakes Countries, Tanzania inclusive (6 points)

PRESIDENT’S OFFICE

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

KILIMANJARO REGIONAL COMMISSIONER’S OFFICE

FORM SIX MOCK EXAMINATION

ECONOMICS 1

INSTRUCTIONS 

1.                This paper consist of sections A, B and C with total of eight (08) questions.
2.                Answer all questions in section A and two (2) questions in section B and C
3.                Section A carries Twenty (20) marks; section B and C carries forty (40) marks each.
4.                Non programmable calculators may be used.
5.                All communication devices and any unauthorized materials are not allowed in the examination room.
6.                Write your examination number on every page of your answer booklet(s) provided.

SECTION A (20 Marks)

(Answer all questions in this section)

1.                Briefly describe why it is necessary to reduce the high unemployment rate in Tanzania? Provide five (05) points
2.                Outline five (05) probable cause of capital Consumption

SECTION B (40 Marks)

(Answer two (02) questions in this section)

3.                (a)With vivid examples, describe three (3) tools of Economic Analysis.

(b)Given the following 

Required:

1. Suggest three production possibilities which can be decided by the firm.
2. Giving explanations, provide relevant rations in moving from K1 to K2

4.                (a)A firm faces demand curve given by Q=100 – 2P

Marginal cost (MC) and Average Cost (AC) for the firm are constant at 10/= per unit 

Required:

1. What output levels should the firm produce to maximize profit?
2. What output levels should the firm produce to maximize sales revenue what is the respective profit at output level which maximizes profit?
3. What is the respective profit at output level which maximizes profit?
4. What is the profit at maximum sales revenue?
5. A market structure in which the firm operating?

(b)Identify three (03) types of price discrimination.

5.                (a)Study carefully the following table and answer the questions that follow.

Determine

1. The weight price index for the year 1 and 2
2. The percentage change in the weighted index over the period.
3. The change in the value of money of goods over the period.

(b)Define price index. Explain problems encountered when compiling index number. Give six (6) points

SECTION C (40 Marks)

(Answer two (2) questions in this section)

6.                A research shows that most people prefer SAMSUNG than TECNO. If this is true, why do more people buy TECNO than SAMSUNG? Discuss by giving six (6) points.
7.                Increase in population lead to increase in labour force, despite this economic importance of population growth, describe why do we take measures to control population growth?
8.                Despite the defects of price mechanism, many people still have faith in its operation because it can be corrected to work better. Justify this statement by giving six (6) points.

PRESIDENT’S OFFICE

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

ADVANCED CERTIFICATE OF SECONDARY EDUCATION EXAMINATION

MOCK EXAMINATION SOUTHERN ZONE

(MTWARA AND LINDI)

151/2 ECONOMICS 2

(For Both School and Private Candidates)

Time: 3 Hours Friday, 04^th February, 2022 a.m.

Instructions

1.    This paper consists of Sections A, B and C with a total of Eight (8) questions.

2.    Answer all questions in section A and two (2) questions from each of sections B and C.

3.    Section A carries twenty (20) marks and sections B and C carries forty (40) marks each.

4.    Non programmable calculator may be used.

5.    All communication devices and any unauthorized materials are not allowed in the examination room.

6.    Write your Examination Number on every page of your answer booklet(s).

SECTION A (20 marks)

Answer all questions in this section.

1.      Briefly explain five justification of progressive tax system.

2.      Describe five factors which have undermined the achievement of regional economic integration in developing countries.

SECTION B (40 marks)

Answer two (2) questions in this section.

3.      You are given the following information

National income (Y)=1000 million

Consumption (C)=600 Million

MPC=APC= 0.6 

Required

(a)     Calculate the effect of income if planned investment is increased by 150 Million.

(b)    If MPS decreases by 50% what will be

(i)        the new multiplier

(ii)     Why the multiplier has changed.

4.      (a) Suppose an initial deposit of 1,000,000/= Tsh is made into a banking system and if the bank has to maintain the cash ratio fixed at 20%.

(i) What will be the credit created (ii) Compute the credit multiplier.

(b)    Open Market Operation (OMO) is one of the method used by bank of Tanzania to regulate money supply in the economy. Briefly explain the limitations of using this method in controlling money supply. Provide five points.

5.      (a) The information below present number of hour needed to make corresponding items.

(i) Which country has an absolute advantage in production of 

(a) car

(b) cheese. Give reasons.

(ii) Which country has comparative advantage in production of

(a)     car

(b)    cheese. Give reasons.

(b)    The theory underlying international trade concludes that countries involved in the trade tend to gain from it. Why then do countries impose trade restrictions. Give five points.

SECTION C (40 marks)

Answer two (2) questions in this section.

6.      Economic growth to sub-saharan countries is still a night mare. Discuss six factors led to this situation.

7.      Describe six significance of agriculture sector in Tanzania economy.

8.      SIYAWEZI is among of good followers on social media. One day she found a bid discussion that say “our government misallocated more than 6.8 trillion on upgrading railways connecting Dar es salaam and Mwanza”. As an economist substantiate six points to support the development of railways transportation in Tanzania.

PRESIDENT’S OFFICE

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

ADVANCED CERTIFICATE OF SECONDARY EDUCATION EXAMINATION

MOCK EXAMINATION SOUTHERN ZONE

(MTWARA AND LINDI)

151/2 ECONOMICS 2

(For Both School and Private Candidates)

Time: 3 Hours Friday, 04^th February, 2022 a.m.

Instructions

1.    This paper consists of Sections A, B and C with a total of Eight (8) questions.

2.    Answer all questions in section A and two (2) questions from each of sections B and C.

3.    Section A carries twenty (20) marks and sections B and C carries forty (40) marks each.

4.    Non programmable calculator may be used.

5.    All communication devices and any unauthorized materials are not allowed in the examination room.

6.    Write your Examination Number on every page of your answer booklet(s).

SECTION A (20 marks)

Answer all questions in this section.

1.      Briefly explain five justification of progressive tax system.

2.      Describe five factors which have undermined the achievement of regional economic integration in developing countries.

SECTION B (40 marks)

Answer two (2) questions in this section.

3.      You are given the following information

National income (Y)=1000 million

Consumption (C)=600 Million

MPC=APC= 0.6 

Required

(a)     Calculate the effect of income if planned investment is increased by 150 Million.

(b)    If MPS decreases by 50% what will be

(i)        the new multiplier

(ii)     Why the multiplier has changed.

4.      (a) Suppose an initial deposit of 1,000,000/= Tsh is made into a banking system and if the bank has to maintain the cash ratio fixed at 20%.

(i) What will be the credit created (ii) Compute the credit multiplier.

(b)    Open Market Operation (OMO) is one of the method used by bank of Tanzania to regulate money supply in the economy. Briefly explain the limitations of using this method in controlling money supply. Provide five points.

5.      (a) The information below present number of hour needed to make corresponding items.

(i) Which country has an absolute advantage in production of 

(a) car

(b) cheese. Give reasons.

(ii) Which country has comparative advantage in production of

(a)     car

(b)    cheese. Give reasons.

(b)    The theory underlying international trade concludes that countries involved in the trade tend to gain from it. Why then do countries impose trade restrictions. Give five points.

SECTION C (40 marks)

Answer two (2) questions in this section.

6.      Economic growth to sub-saharan countries is still a night mare. Discuss six factors led to this situation.

7.      Describe six significance of agriculture sector in Tanzania economy.

8.      SIYAWEZI is among of good followers on social media. One day she found a bid discussion that say “our government misallocated more than 6.8 trillion on upgrading railways connecting Dar es salaam and Mwanza”. As an economist substantiate six points to support the development of railways transportation in Tanzania.

PRESIDENT’S OFFICE

REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

ADVANCED CERTIFICATE OF SECONDARY EDUCATION EXAMINATION

MOCK EXAMINATION SOUTHERN ZONE

(MTWARA AND LINDI)

151/1ECONOMICS 1

(For Both School and Private Candidates)

Time: 3 Hours Monday, 31^stJanuary, 2022 a.m.

Instructions

1.    This paper consists of Sections A, B and C with a total of Eight (8) questions.

2.    Answer all questions in section A and two (2) questions from each of sections B and C.

3.    Section A carries twenty (20) marks and sections B and C carries forty (40) marks each.

4.    Non programmable calculator may be used.

5.    All communication devices and any unauthorized materials are not allowed in the examination room.

6.    Write your Examination Number on every page of your answer booklet(s).

SECTION A (20 marks)

Answer all questions in this section.

1.      Discuss five (5) roles of the government in mixed economic system.

2.      Explain five (5) features of labour as a factor of production.

SECTION B (40 marks)

Answer two (2) questions in this section.

3.      (a) Given the price and quantity equation 4P = 3b−Q_d and Q_s = 12P−12

(i)           Determine equilibrium price and quantity

(ii)        If the price of 5Tsh is imposed, state whether shortage or surplus and calculate the amount.

(iii)      Draw the diagram to illustrate the information above in 3(a) (i) and (ii).

(iv)      Calculate the elasticity of supply at the equilibrium.

(v)         Calculate Price elasticity of demand when price change from P = 1 to the equilibrium.

(b)    Explain five (5) advantage of price mechanism.

4.      (a) Identify two methods that used to determine equilibrium of any market.

(b)    Explain why economic activities or business activity in a country is not stable? Provide five (5) points.

5.      With the aid of diagrams, explain the causes of cost push and demand pull inflation. Provide three (3) points each.

SECTION C (40 marks)

Answer two (2) questions in this section.

6.      The interaction of Economic activities and environment due to actions of producers and consumers affect the third part. Justify by providing six (6) economic importance of this statement.

7.      Examine four (4) assumptions of Malthusian theory of population and device five(5) measures that may be taken to avoid the economy to move in population trap.

8.      “The main objective of a firm is to make profit” With examples describe six major variables for the location of any industry.