ECS3705
EXAM PACK
,UNIVERSITY EXAMINATIONS
Jun/Jul 2021
ECS3705
History of Economic Thought
60 Marks
Duration: 2 Hours
EXAMINERS:
FIRST: PROF MR MALEFANE
SECOND: MS K MDINGI
EXTERNAL: MR DCA FRYER
CONFIDENTIAL
This paper consists of nineteen (19) pages.
Instructions:
(1) Submit your answers as a single document in PDF format using the eAssessment tool on myExams.
Emailed assessments will not be processed.
(2) Start with a cover page stating the module code (ECS3705) and your student number.
(3) Make sure that each question and sub-question is clearly numbered.
(4) Note that you cannot simply copy information from any source. You need to answer the questions in your
own words. Plagiarism will not be tolerated and may result in disciplinary action if detected.
(5) Please ensure that you submitted a declaration of honesty on myExams.
(6) Please ensure that your PDF document is NOT encrypted to a “secured” mode and that it is NOT
password protected as these files cannot be marked. Virus infected files will also not be marked.
[TURN OVER]
, CONFIDENTIAL
Page 2 of 19
ECS3705
Jun/Jul 2021
Answer any TWO of the following three questions. Each question carries an equal total of 30 marks.
1. Write an essay in which you analyse the conceptualisation of wealth during the mercantilist era,
and how mercantilism had an influence on colonialism with reference to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
2. Based on what you have learned about Socialism and Marxism, which type of Socialism, if any,
would you recommend in African economies and why? Provide your views in an essay format.
Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
3. Write an essay on Keynesian economics, in which you explain how the post-Keynesians and New
Keynesians have carried forward the most important elements of Keynes’s message. In your
discussion, also evaluate the relevance of Keynesian economics to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
* *** *
1. Write an essay in which you analyse the conceptualisation of wealth during the mercantilist era,
and how mercantilism had an influence on colonialism with reference to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
, CONFIDENTIAL
Page 3 of 19
ECS3705
Jun/Jul 2021
EXAM PACK
,UNIVERSITY EXAMINATIONS
Jun/Jul 2021
ECS3705
History of Economic Thought
60 Marks
Duration: 2 Hours
EXAMINERS:
FIRST: PROF MR MALEFANE
SECOND: MS K MDINGI
EXTERNAL: MR DCA FRYER
CONFIDENTIAL
This paper consists of nineteen (19) pages.
Instructions:
(1) Submit your answers as a single document in PDF format using the eAssessment tool on myExams.
Emailed assessments will not be processed.
(2) Start with a cover page stating the module code (ECS3705) and your student number.
(3) Make sure that each question and sub-question is clearly numbered.
(4) Note that you cannot simply copy information from any source. You need to answer the questions in your
own words. Plagiarism will not be tolerated and may result in disciplinary action if detected.
(5) Please ensure that you submitted a declaration of honesty on myExams.
(6) Please ensure that your PDF document is NOT encrypted to a “secured” mode and that it is NOT
password protected as these files cannot be marked. Virus infected files will also not be marked.
[TURN OVER]
, CONFIDENTIAL
Page 2 of 19
ECS3705
Jun/Jul 2021
Answer any TWO of the following three questions. Each question carries an equal total of 30 marks.
1. Write an essay in which you analyse the conceptualisation of wealth during the mercantilist era,
and how mercantilism had an influence on colonialism with reference to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
2. Based on what you have learned about Socialism and Marxism, which type of Socialism, if any,
would you recommend in African economies and why? Provide your views in an essay format.
Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
3. Write an essay on Keynesian economics, in which you explain how the post-Keynesians and New
Keynesians have carried forward the most important elements of Keynes’s message. In your
discussion, also evaluate the relevance of Keynesian economics to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
* *** *
1. Write an essay in which you analyse the conceptualisation of wealth during the mercantilist era,
and how mercantilism had an influence on colonialism with reference to Sub-Saharan African
economies. Your essay must be four to six pages long if handwritten or 750 – 1000 words. [30]
, CONFIDENTIAL
Page 3 of 19
ECS3705
Jun/Jul 2021
