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3.2) MPU 2312 - Answer Scheme - Issues in Malaysian Economy - 20 APR 2021
3.2) MPU 2312 - Answer Scheme - Issues in Malaysian Economy - 20 APR 2021
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INSTRUCTIONS:
1. Do not open the question paper until you are told to do so.
2. There are 2 printed pages in this paper, including the cover page.
3. Answer ALL the Essay/Written clearly in the
answer booklet provided.
4. Ensure your ID No. and Question No. are written in the space provided on every single page of
the answer booklet.
5. At the end of the examination, both the question and answer booklet must be surrendered to the
invigilators. No materials should be brought out of the examination room/hall.
6. You are Not Allowed to use calculator in this examination.
7. Any form of cheating or attempt to cheat is a serious offence which may lead to dismissal.
MPU 2312 ISSUES IN MALAYSIAN ECONOMY XX April 2021
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QUESTION 1
Describe economic development and its common indicators? Explain other indicators of
economic development used specifically in Malaysia?
1. Sustained, concerted actions of policy makers of country and societies that promote the
standard of living and economic health of a specified area (4 marks)
2. Common indicators: Gross Domestic Product (GDP), literacy rate, health, life
expectancy, employment opportunities, education, a rise in productivity, etc. (8 marks
with explanation)
3. Malaysian indicators: distribution of income, reduction in the incidence of poverty,
standard of living, quality of life, balanced development between Peninsular Malaysia,
Sabah and Sarawak, plus sustainable development (8 marks with explanation)
(20 marks)
QUESTION 2
QUESTION 3
QUESTION 4
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MPU 2312 ISSUES IN MALAYSIAN ECONOMY XX April 2021
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4. To reduce the size and presence of the public sector in the company
5. To meet the New Economic Policy (NEP
(20 marks)
QUESTION 5
END OF PAPER
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