Public Finance (ECOM3104)
Faculty of Economics and Management Science (FEMS)
Semester: First Semester
Level: 300
Year: 2018
Section A; COST ANALYSIS
All questions carry equal marks (10 MKS PER QUESTION)
QUESTION ONE:
How can public expenditure be evaluated?
QUESTION TWO:
Justify government intervention based on market failure.
QUESTION THREE:
Explain the concept of growing public expenditure according to Peacock and Wiseman.
QUESTION FOUR:
Explain the relationship between microeconomics and public spending through income and
substitution effects.
THE UNIVERSITY OF BAMENDA
FACULTY OF ECONOMICS AND MANAGEMENT SCIENCES
1
st
Semester Exam Course: Public Finance
Credit Value:
Course Lecturers:
Time: Course Status: Date: 2018
Venue: Instruction:
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