Take Home Exam for Graduate Students.

This is due on the last day of class. Answer the 2 questions, type your answers and provide references. Remember, you will lose points if you fail to analyze the issues involved and just narrate them. I want you to discuss the issues. See you in the next class.

1. Explain why governments in both developed and developing countries often find the need to intervene in the mining sector of their country’s economies and describe the common forms of intervention adopted by these governments. Provide examples to illustrate your answer.

2. Discuss the merits and shortcomings of the Cost-benefit analysis technique as it applies to the appraisal of projects related to the exploitation and use of natural resources, and suggest ways by which the method can be improved