Question 1. The port of Mombassa is the only international port in Kenya. In fact the Port of Mombassa not only serves Kenya but is also the main gateway to the Eastern African hinterland countries of Uganda, Rwanda, Burundi, the Democratic Republic of Congo and Southern Sudan.
Using your knowledge of economy theory, examine the market structure of international ports in East Africa and the implications for the welfare of importers and exporters in that region.
Question 2. To what extent can government fine tune the macroeconomy?
In order to pass this assignment, you must meet the following assessment criteria:
• You must address the questions.
• You must demonstrate a basic understanding of the relevant economic theory.
• You must include at least one relevant diagram in each essay.
• Some sources must be referenced in the text of each essay, together with a bibliography at the end.
Essay should be maximum of 1,000 words each.