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SUBJECT ECONOMICS DEVELOPMENT AND PLANNING IN ISLAMIC PERSPECTIVE

LECTURER Abdullah Mohammed Ahmed Al-Ansi, MBA., Ph.D

TIME 15.15 – 17.45

DAY/DATE Monday, 23th December 2019

VENUE PS. 407

DEPT/PROGRAM Economics - IPIEF

TYPE/RULE Closed Book

- Please pray before and after doing your exam!

- Read carefully every single question, and provide your answers on the available sheets!

- You may use dictionary to help answer your exam!

- Any form of cheating is NOT entertained. Therefore, this exam is considered VOID and will be calculated in your final results.

Q. Final Exam Marks

1. Based on your own understanding, please Give a brief explanation for the following:

- Environmental Decay in MDCs - Child Labor in informal market - R-U Migration in LDCs

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2. In table Below, there are some indicators of Economic Development. Please Compare between MDC and LDC By using (Lower or higher).

Factors of Economic Development MDC LDC

Malnutrition and hunger Per capita income Receiving foreign Aid Property tax rate R-U migration Financial Market

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3. Put (C) if the statement is Correct or (F) if the statement is False:

1. MDCs’ military spending is less than that of the LDCs.

2. Rapid urbanization and use of chemical inputs causes of environmental decay.

3. Female education increases productivity and lowers fertility.

4. LDCs has lower rate of economic growth, but high rate of population growth.

5. Informal labor market includes skilled labor with education and license.

6. Central Bank role is issuing currency and regulating of domestic financial institutions.

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4. Compare between the following:

1. Public sector and private sector in mixed economy in case of profit and employment.

2. Capitalism and socialism in economic systems in case of public and private sectors.

3. Social rates of return and private rates of return in case of individuals and society.

9 FINAL EXAM, ODD SEMESTER 2019/2020

INTERNATIONAL PROGRAM FOR ISLAMIC ECONOMICS AND FINANCE (IPIEF) DEPARTMENT OF ECONOMICS, FACULTY OF ECONOMICS AND BUSINESS

UNIVERSITAS MUHAMMADIYAH YOGYAKARTA

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