M.A-M.A Economics 1st Sem EC-105 : Labour Economics(University of Pune, Pune-2013)

                              M.A. (Part I) (First Semester) EXAMINATION, 2013
                                                              ECONOMICS
                                                   EC-105 : Labour Economics
                                                          (2008 PATTERN)

Time : Three Hours                                                               Maximum Marks : 80

N.B. :—

(i) Attempt All questions.

(ii) Figures to the right indicate full marks.

(iii) Answers should be precise and to the point.

 

1. Answer any one of the following questions in 500 words : [20]

(i) Explain the nature, scope and importance of labour economics.

(ii) “Migration of labour is harmful to industries but inevitable in India.” Comment.

 

2. Answer any one of the following questions in 500 words : [20]

(i) Critically examine marginal productivity theory of wage determination. Is it really applicable in labour market ?

(ii) Explain the structure and achievements of labour unions in India.

P.T.O.[4304]-105 2

 

3. Answer any two of the following questions in 250 words each : [20]

(i) Explain the causes of Absenteeism of Indian Industrial Labour.

(ii) Explain the causes of flexibility in Labour Market in India.

(iii) Explain the concepts of ‘Minimum Wage and Fair Wage’.

(iv) Explain the need of safety nets.

 

4. Write short notes on any four : [20]

(i) Peculiarities of labour

(ii) Exit policy

(iii) Labour turnover

(iv) Recommendations of Second National Commission on Labour

(v) Concept of industrial disputes

(vi) Wage determination in unorganised sector.

 

Earning:  ₹ 7.05/-