NALANDA OPEN UNIVERSITY QUESTION 2011, M.A. [Economics] , Part-II, Paper-XI ( Labour Economics)

NALANDA OPEN UNIVERSITY QUESTION, 2011, M.A. [Economics] , Part-II, Paper-XI ( Labour Economics)

                                                                          2011
                                                                Full Marks: 80
                                                                Time: 3 hours
                                        Answer any five questions. All questions carry equal marks.

1. What is Labour Economics ? Throw light on its importance in modern age.

2. Describe the characteristics of Indian Labour market. How does it differ from the Labour Market of other countries.

3. Explain critically the Neo-classical theory of labour market.

4. what do you mean by choice of technique? Give your arguments in favour and against labour- intensive technique.

5. What is the nature and extent of unemployment in developing countries ? Explain.

6. What is unemployment? Describe the various types of unemployment.

7. What is Rationalisation? Describe its objectives and methods.

8. " Under Perfect competition wages are equal to both the marginal and average productivity of labour."  Discuss.

9. What do you understand by labour's participation in profit ? Throw light on its importance and advantages.

10. What are the basic elements of industrial relations? Describe its objectives.

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