1. What is Labour Economics? Labour Economics may be defined as a study of wages and employment in the labour market‚ and the distribution of income among individuals and households. Labour Economics looks at * Labour market processes * Size of the labour force * Trade Unionism * Labour Legislation * Factors affecting employment/ unemployment/underemployment * The demand and supply of labour 2. Law of Derived Demand. Explain Marshall’s law of derived demand states
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Topic: Some people think that a university education is necessary in order to have a successful career‚ whereas other people do not think it is important for success Some people think that a university education is necessary in order to have a successful career‚ whereas other people do not think it is important for success. I myself support the view that university education is one of the vital factors of having successful job. There are a couple of reasons why. The first reason is‚ you can
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Background Of Foreign Labour in Singapore Since the day Singapore gained independence‚ the growth of the economy had been advancing tremendous over the past four decades. The influx of foreign labour has been playing an important role towards the Singapore economy. Even up to today‚ Singapore‚ itself with scarce resources‚ could only rely on human resource to sustain the economy growth. With a tightening labour market and a low unemployment rate‚ this gradual increase in foreign labour had been making
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When looking back on the “Child is a Criminal or Criminal is a Child” assignment‚ I believe that my views have not changed from the views I possessed early on in this course. The views I had were actually solidified throughout this course in learning more about the juvenile justice system. I favored the “criminal is a child” model of approaching juvenile crime in the original essay and the key point noted was that juveniles are a product of their environment and should not be punished on a standardized
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rules. Order is necessary but the question is at what cost is it necessary? Violence always accompanies revolts‚ but
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“Explain how far the views of Source C differ from those in Source A in relation to the creation and development of the LRC/Labour Party.” Source A states that the creation of the LRC came from 70 organisation coming together to form a coalition in order to create “a new movement of protest in parliament.” It essentially says that the LRC was formed on the bases of several organisations all sharing the same idea and goal. Source C however does not mention this – it does not tell us that the LRC was
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The question “Is Algebra Necessary” has an answer that only the Department of Education can tell us. Different people will say different things‚ a failing high school student would most likely say that Algebra doesn’t help in life‚ but a genius Physics professor would say that we have to learn it. Many people have different opinions and I have my own opinion on the matter. I think that Algebra is not necessary for some students‚ but for others it is necessary. If so many are failing maybe we shouldn’t
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2014 WHAT IS EVIL? Evil‚ in a general context‚ is taken as the absence or complete opposite of that which is ascribed as being good. Often‚ evil is used to denote profound immorality. In certain religious contexts‚ evil has been described as a supernatural force. The word evil can have many different meanings‚ such as morally bad or wrong‚ causing ruin‚ pain or injury‚ or an evil force‚ power‚ or personification. Simply by the definition of evil‚ one can only have a grasp of what evil is‚ but only
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Is the Labour Party a socialist organization? In order to effectively answer the title question‚ this paper will delve into the roots of; firstly socialism then the Labour Party. After the core ideals have been discussed‚ this paper will highlight the comparisons which are evident between the concept of Socialism and the reality of the Labour Party. There are many forms of socialism‚ each differ in their ideals ranging from communism on the extreme left of the political spectrum to democratic
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Respected headmistress‚ teachers and my dear fellow students The topic of my today’s speech is COMPETITION IS NECESSARY FOR LEARNING and I agree to this… Here are my points for the favor… Competition is what drives us forward. The feeling of competition and winning is attractive to everyone‚ and the fact is‚ that when we compete‚ we are more focused on our work‚ we achieve more‚ we excel and‚‚‚ top of all‚‚‚ we learn more!!! When we get our work ranked against others‚ we can read or see the best
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