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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the issue of street kids which does not imply they are less important. The paper shows there are some clear gender based distinctions in the type of tasks performed by a girl and boy worker; girls do more household chores‚ while boys are in labor force. Our data does not convincingly show‚ as most literature claim‚ that poverty is the main culprit of
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explain cross-country differences today‚ they do not appear able to explain the general evolution of unemployment over time.” (Blanchard‚ O. and Wolfers‚ J. (2000).) Throughout this essay I will analyze this quote and the various arguments towards‚ and against‚ the effects of labor market flexibility on the unemployment rate over the medium term. I will examine in detail the evidence for this before and after ‘The Great Recession’ of 2008‚ and compare many different European countries unemployment
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concerning sampling is‚ "What size sample do I need?" The answer to this question is influenced by a number of factors‚ including the purpose of the study‚ population size‚ the risk of selecting a "bad" sample‚ and the allowable sampling error. Interested readers may obtain a more detailed discussion of the purpose of the study and population size in Sampling The Evidence Of Extension Program Impact‚ PEOD-5 (Israel‚ 1992). This paper reviews criteria for specifying a sample size and presents several strategies
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Does children’s shoe sizes get bigger as they get older? Introduction: I will be doing an experiment to investigate whether it is true or not that children’s shoes sizes really increase as they get older. In order for me to prove this‚ I need to collect some data and to start with‚ I have to create a simple and short questionnaire and I will ask some of my friends and family who has children and could help me with this experiment by completing the questionnaire. My objective is to find out
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Examine the reasons for the changes in divorce rates since the 1960s. Divorce rates have increased rapidly since the 1960s from 27000 in the UK in 1961 to 167000 by 2005. There are many reasons for this increase‚ for example decreased stigma of divorce‚ secularisation‚ more rights for women‚ rising expectations‚ and acts put in place by the government making it easier for a couple to obtain a divorce. Decreased stigma of divorce in society from the 1960s has led to divorce rates increasing‚ because
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Public Distribution System in India Public Distribution System in India1 Abstract : Public Distribution System is one of the important elements of Government’s Foods Security System. Through PDS goverment facilitates the supply of food grains to the poor at subsidized rates. PDS involves management of supply of essential commodities at affordable prices to the identified beneficuaries. It also works as instrument for moderating the open market prices of food. Introduction: Food security at each
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Do international labour standards help in eliminating poverty in developing countries? Since 1919‚ the International Labour Organization has maintained and developed a system of international labour standards aimed at promoting opportunities for women and men to get decent and productive work‚ in conditions of freedom‚ equity‚ security and dignity. In today ’s globalized economy‚ international labour standards are essential components in the international framework for ensuring that the growth
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ACTIVITY 5. POWER OF A STUDENT (Teacher’s Notes) PROCESS SKILLS: Measure‚ Observe‚ Compare‚ Test‚ Explain OBJECTIVE: The objective of this activity is to motivate the concept of power‚ or rate at which energy is transformed‚ and to apply it to the rate at which students do work to increase their gravitational potential energy in climbing a flight of stairs. IDEA: Students are asked to measure their gain in gravitational potential energy as they climb a flight of stairs‚ then to calculate the rate
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CHILD L ABOUR IN INDIA Economics of Child Labour A case study of the glass bangle industry BACKGROUND Child Labour The glass manufacturing industry in Ferozabad‚ Uttar Pradesh‚ produces bangles‚ utensils‚ bulbs‚ decorative articles etc. The glass industry has been classified as hazardous and the employment of child labour (children below age 14 years) in it is prohibited. However‚ available research and literature indicated that child labour was concentrated mainly in the production
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