Economics of education and finance UE Past Papers Questions.

1. Using a well labeled diagram only present a simple model which relates education and the economy pointing out two markets in the relationship.
2. Describe fully the two markets presented in the model above.

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Mention and define the two forces which interact to form the education market.

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By means of a well labeled diagram only illustrate the meaning of each of the following related concepts.

1. Education equilibrium price
2. Education market equilibrium

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Using examples from your home district or any other place in Tanzania, classify costs for attaining secondary education in ward secondary schools.

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Are education costs consumption expenditures or investment expenditures? Why? Provide relevant examples to support your answer.

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UNSOLVED