Main&Suppl Y2 SemII Land use Economics 2013

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Reg. No….
KIGALI INSTITUTE OF SCIENCE AND TECHNOLOGY
INSTITUT DES SCIENCES ET TECHNOLOGY DE KIGALI
Avenue de l’Armée, B.P. 3900 Kigali - Rwanda
INSTITUTE EXAMINATIONS – ACADEMIC YEAR 2013
FACULTY OF ARCHITECTURE AND ENVIRONMENTAL DESIGN (FAED)
END OF SEMESTER MAIN EXAMINATION
DEPARTMENT OF ESTATE MANAGEMENT AND VALUATION
YEAR: TWO
SEMESTER II
SUBJECT: EMV 3221; LAND USE ECONOMICS
DATE:
/
/2013
DURATION: 2 HRS
MAXIMUM MARKS: 60
INSTRUCTIONS
This paper has two sections; A and B
Section A is compulsory
Answer ANY TWO (2) from section B
Marks are indicated against each question
Illustrations and examples should be used wherever appropriate
Do not forget to write your registration number
Do not write any answer on this question paper.
SECTION A (COMPULSORY)
QUESTION 1 (30 MARKS)
a).Define Land economics and differentiate between two branches of land economics (3 marks)
b). Briefly explain the following basic land economics concepts
i). Value
(1 mark)
ii). Cost
(1 mark)
iii). Price
(1 mark)
iv). Land Use Capacity
(1 mark)
c). Define supply of land. Mention four ways through which supply of land can be increased
(3 marks)
d). Outline six observations made by the economist David Ricardo in the development of the
theory of land rent in agricultural land
(3 marks)
e.i). Mention four factors that determine urban land use
(4 marks)
ii). Briefly explain four characteristics of the Central Business District of any city
(4 marks)
f.i). The main obstacle to the optimum use of land is caused by imperfections in the land market.
Give two causes of such imperfections
(2 marks)
ii). State four ways of improving optimum use of land
(2 marks)
g). Give three factors that are considered in locating offices and industrial premises respectively
since both are commercial land use
(3
marks)
h). Distinguish between a buyer’s market and a seller’s market as concepts used in real estate
market
(2 marks)
SECTION B (CHOOSE ANY TWO)
QUESTION 2 (15 MARKS)
Land rent is a key concept used in land economics.
a). Explain the following three forms of rent in land;
i). Contract rent
(2 marks)
ii). Economic rent
(2 marks)
iii). Land rent
(2 marks)
b). With the aid of illustration, discuss land rent as economic surplus
(9 marks)
QUESTION 3 (15 MARKS)
a). Discuss the applicability of concentric zone theory to Kigali city
(8 marks)
b). Explain the strengths and weaknesses of concentric zone theory
(7 marks)
QUESTION 4 (15 MARKS)
By giving examples, discuss the various types of land uses in Rwanda
GOOD LUCK
(15 marks)
Reg. No….
KIGALI INSTITUTE OF SCIENCE AND TECHNOLOGY
INSTITUT DES SCIENCES ET TECHNOLOGY DE KIGALI
Avenue de l’Armée, B.P. 3900 Kigali - Rwanda
INSTITUTE EXAMINATIONS – ACADEMIC YEAR 2012
FACULTY OF ARCHITECTURE AND ENVIRONMENTAL DESIGN (FAED)
END OF SEMESTER SUPPLEMENTARY EXAMINATION
DEPARTMENT OF ESTATE MANAGEMENT AND VALUATION
YEAR: TWO
SEMESTER II
SUBJECT: EMV 3221; LAND USE ECONOMICS
DATE:
/
/2013
DURATION: 2 HRS
MAXIMUM MARKS: 60
INSTRUCTIONS
This paper has two sections; A and B
Section A is compulsory.
Answer ANY TWO (2) from section B
Illustrations and examples should be used wherever appropriate
Marks are indicated against each question
Do not forget to write your registration number
Do not write any answer on this question paper
SECTION A (COMPULSORY)
QUESTION 1 (30 MARKS)
a). Land means different things to different people but it is generally viewed as space, nature, a
factor of production, a location or situation, property or capital. Discuss
(6 marks)
b.i). Distinguish between Current use and Highest and best use of a property
(2 marks)
ii). State four factors that must be considered before the property is put into the Highest and best
use
(2 marks)
c). State six factors that influence demand for land
(3 marks)
d). The von Thunnen model recognizes and analyzes location as an important and determining
factor in rent differentials. State six underlying assumptions on which the model is based
(3 marks)
e.i). Define a functional area and mention three forms of functional areas
(3 marks)
ii). Differentiate between urbanizing force and dispersing force. Give two examples of dispersing
forces
(3 marks)
f.i). Define Urban growth
(2 marks)
ii). Distinguish between Urban renewal and inter urban competition as forms of urban growth
(2 marks)
g). Briefly explain four characteristics of real estate as an investment
(4 marks)
QUESTION 2 (15 MARKS)
a). Define a factor of Production?
b). Apart from land, state other factors of production and their respective rewards
c).Explain the characteristics of land as a factor of production?
(1 mark)
(2 marks)
(12 marks)
QUESTION 3 (15 MARKS)
a). With aid of illustration, explain the axial development theory
(5 marks)
b). Discuss five economic factors that determine the location of industries in an area (10 marks)
QUESTION 4 (15 MARKS)
With reference to Kigali City, discuss eight positive and seven negative impacts of urban growth
in the development process
(15 marks)
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