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Discuss the importance of development planning in economy

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Reference no: EM132877053

1. Identify six factors that hinder increase in economic development in developing countries and states

2. Outline the economic policy measures that should be applied to minimize the problem of external debts

3. Explain ways in which the government could influence the allocation of economic resources in a country

4. Discuss the importance of development planning in an economy

5. Explain the factors that limit the application of monetary tools in the economy of developing countries

6. Economies is concerned with allocation of scarce resources ' outline three resources allocation decisions in an economy

7. Discuss the importance of the concept of opportunity cost in an economy

8. Suggest four contractionary monetary policy measures that could be used to combat the level of inflation in a developing country

9. Explain the monetary views on the quantity theory of money

10. 'there have been deliberate attempts to control the rate of interest in some developing countries' Explain five advantages of rate controls in an economy

11. Describe three ways in which a government could use fiscal policy to stimulate economic growth in a country

12. Explain three motives of holding money as an advanced by the Keynesian liquidity preference theory

Reference no: EM132877053

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