Coming soon
LABOUR ECONOMICS
Course Learning Outcome(CLOs):
|
Learning Outcome (atcourse level) |
Learning and teaching strategies |
Assessment Strategies |
|
At the end of this course, a student should be able to: CO32: Understand the relative importance of industrial Labour in India. CO33: Know how the application of the Demand and supply theory of wages can aid in achievement of business objectives. CO34: Understand the highlights of acts related to Social Security. CO35: Understand the concept of productivity and Rationalization. CO36: Analyze the problems of Rural/Agriculture Labour in India |
Interactive lecturesand Discussion and Power pointpresentation. Learning activities for the students:Self learning assignments, effective discussion, simulation and presentation |
CA test, Semesterend examination,Presentation,Quiz,and Interaction |
|
|
Meaning & Significance of Labour, Definition, nature scope and importance of Labour economics, Economic and social characteristics of industrial Labour in India
Demand for Labour, Determinants of the demand of labour, Supply of Labour, Determinants of the supply of labour, Wage determination under Imperfect Competition
Concept, Aims, Methods of providing social security-Social Assistance & Social Insurance, Benefits of Workmen’s Compensation Act 1923, Employees’ State Insurance Act
Meaning, importance, types of productivity concepts, determinants of Labour productivity, measurement of Labour productivity.
Problems and measures to improve their conditions relating to employment, wages, hours of work, indebtedness, housing.
Essential Readings:
• Bhagoliwal T N , “ Economies of labour and industrial relations” ,Sahtiys Bhawan Publications Agra.
• Bhatia S K & Singh Nirmal, “Principles and Techniques of Personnel Management and Human Resource Management” ,Deep & Deep Publications,New Delhi.
• Garry Dessler “Human Resource Management”Prentice Hall of India, New Delhi.7th edition
Suggested Readings:
• McConnell, Brue & MacPherson, Contemporary Labor Economics, 8th edition, McGraw-Hill, 2009. (Main text)
• Borjas, George J. Labor Economics. McGraw-Hill, 6th edition, 2013. (Borjas)
• Gupta C B , “ Human Resource Management”.Sultan Chand and Sons,New Delhi.
E Resources:
http://www.himpub.com/documents/Chapter5204.pdf By Dr. P.M. Kadukar
https://www.pdfdrive.com/labour-economics-d37382142.html
Journals:
Economic and Political Weekly
https://www.epw.in/
The Economic Challenger
http://www.economicchallenger.net/
