i
7
31
6
77
28
PAPER NO. CA21
07
CPA SECTION 2
ECONOMICS
REVISED
SYLLABUS
2015
STUDY TEXT
om
gi.c
sin
om
om
as
w .m
w w
, COPYRIGHT
7
31
6
ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored
77
in a retrieval system or transmitted in any form or by any means, electronic,
28
mechanical, photocopying, recording or otherwise without prior written permission
07
of the copyright owner. This publication may not be lent, resold, hired or otherwise
disposed off by any way of trade without the prior written consent of the copyright
owner
THE REGISTERED TRUSTEES STRATHMORE EDUCATION TRUST 1996
om
gi.c
sin
om
om
as
w.m
w w
, ii
7
31
6
77
ACKNOWLEDGEMENT
28
07
We gratefully acknowledge permission to quote from the past examination papers of
the following bodies: Kenya Accountants and Secretaries National Examination
Board (KASNEB); Chartered Institute of Management Accountants (CIMA);
Chartered Association of Certified Accountants (ACCA)
We also wish to express our sincere gratitude and deep appreciation to Mr Robert
Mudida MA (International Studies), MSc Economics, B.A (Econ) Second
Class Upper , currently pursuing his PhD in International Studies at the
University ofNairobi. He is a senior lecturer at Strathmore University, School of
Accountancy. He has generously given his time and expertise and skilfully co-
ordinated the detailed effort of reviewing this study pack.
om
gi.c
sin
om
om
as
w.m
w w
, Instructions for students iii
7
31
6
77
INSTRUCTIONS FOR STUDENTS
28
07
This study guide is intended to assist distance learning students in their independent
studies. The course has been broken down into eight lessons each of which should
be considered as approximately one week of study for a full time student. Solve the
reinforcement problems verifying your answer with the suggested solution contained
at the back of the distance learning pack. When the lesson is completed, repeat the
same procedure for each of the following lessons.
At the end of lessons 2, 4, 6, and 8 there is a comprehensive assignment that you
should complete and submit for marking to the distance learning administrator.
SUBMISSION PROCEDURE
1. After you have completed a comprehensive assignment clearly identify each
question and number your pages.
2. If you do not understand a portion of the course content or assignment question,
indicate this in your answer so that your marker can respond to your problem
areas. Be as specific as possible.
3. Arrange the order of your pages by question number and fix them securely to
the data sheet provided. Adequate postage must be affixed to the envelope.
4. While waiting for your assignment to be marked and return to you, continue to
work through the next two lessons and comprehensive assignment.
On the completion of the last comprehensive assignment, a two week period of
revision should be carried out of the whole course using the material in the revision
section of the study pack. At the completion of this period the final Mock
Examination period should be completed under examination conditions. This should
be sent to the Distance Learning Administrator to arrive in Nairobi at least five
weeks before the date of your sitting the KASNEB Examinations. This paper will be
marked and posted back to you within two weeks of receipt of the Distance Learning
Administrator.
om
gi.c
sin
om
om
as
w.m
w w
7
31
6
77
28
PAPER NO. CA21
07
CPA SECTION 2
ECONOMICS
REVISED
SYLLABUS
2015
STUDY TEXT
om
gi.c
sin
om
om
as
w .m
w w
, COPYRIGHT
7
31
6
ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored
77
in a retrieval system or transmitted in any form or by any means, electronic,
28
mechanical, photocopying, recording or otherwise without prior written permission
07
of the copyright owner. This publication may not be lent, resold, hired or otherwise
disposed off by any way of trade without the prior written consent of the copyright
owner
THE REGISTERED TRUSTEES STRATHMORE EDUCATION TRUST 1996
om
gi.c
sin
om
om
as
w.m
w w
, ii
7
31
6
77
ACKNOWLEDGEMENT
28
07
We gratefully acknowledge permission to quote from the past examination papers of
the following bodies: Kenya Accountants and Secretaries National Examination
Board (KASNEB); Chartered Institute of Management Accountants (CIMA);
Chartered Association of Certified Accountants (ACCA)
We also wish to express our sincere gratitude and deep appreciation to Mr Robert
Mudida MA (International Studies), MSc Economics, B.A (Econ) Second
Class Upper , currently pursuing his PhD in International Studies at the
University ofNairobi. He is a senior lecturer at Strathmore University, School of
Accountancy. He has generously given his time and expertise and skilfully co-
ordinated the detailed effort of reviewing this study pack.
om
gi.c
sin
om
om
as
w.m
w w
, Instructions for students iii
7
31
6
77
INSTRUCTIONS FOR STUDENTS
28
07
This study guide is intended to assist distance learning students in their independent
studies. The course has been broken down into eight lessons each of which should
be considered as approximately one week of study for a full time student. Solve the
reinforcement problems verifying your answer with the suggested solution contained
at the back of the distance learning pack. When the lesson is completed, repeat the
same procedure for each of the following lessons.
At the end of lessons 2, 4, 6, and 8 there is a comprehensive assignment that you
should complete and submit for marking to the distance learning administrator.
SUBMISSION PROCEDURE
1. After you have completed a comprehensive assignment clearly identify each
question and number your pages.
2. If you do not understand a portion of the course content or assignment question,
indicate this in your answer so that your marker can respond to your problem
areas. Be as specific as possible.
3. Arrange the order of your pages by question number and fix them securely to
the data sheet provided. Adequate postage must be affixed to the envelope.
4. While waiting for your assignment to be marked and return to you, continue to
work through the next two lessons and comprehensive assignment.
On the completion of the last comprehensive assignment, a two week period of
revision should be carried out of the whole course using the material in the revision
section of the study pack. At the completion of this period the final Mock
Examination period should be completed under examination conditions. This should
be sent to the Distance Learning Administrator to arrive in Nairobi at least five
weeks before the date of your sitting the KASNEB Examinations. This paper will be
marked and posted back to you within two weeks of receipt of the Distance Learning
Administrator.
om
gi.c
sin
om
om
as
w.m
w w
