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  • Labour Economics Assignment INSTRUCTION: Attempt All The Questions Questions

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    This document contains instructions for a labour economics assignment with 3 questions. Question 1 asks to discuss and critique the demand and supply theory of wage determination and factors influencing labour demand elasticity. Question 2 asks about the extent of agreement that absenteeism and labour turnover drain productive resources. Question 3 defines full employment and discusses the significance of full employment policies for underdeveloped economies.

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    This document contains instructions for a labour economics assignment with 3 questions. Question 1 asks to discuss and critique the demand and supply theory of wage determination and factors influencing labour demand elasticity. Question 2 asks about the extent of agreement that absenteeism and labour turnover drain productive resources. Question 3 defines full employment and discusses the significance of full employment policies for underdeveloped economies.

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    12 views1 page

    Labour Economics Assignment INSTRUCTION: Attempt All The Questions Questions

    Uploaded by

    Salim
    This document contains instructions for a labour economics assignment with 3 questions. Question 1 asks to discuss and critique the demand and supply theory of wage determination and factors influencing labour demand elasticity. Question 2 asks about the extent of agreement that absenteeism and labour turnover drain productive resources. Question 3 defines full employment and discusses the significance of full employment policies for underdeveloped economies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    LABOUR ECONOMICS ASSIGNMENT

    INSTRUCTION: Attempt all the questions Questions


    1. Discuss critically the demand and supply theory of wage determination. What are the
    factors that influence the elasticity of demand of labour. (10 Mks)

    2. Frequent ‘absenteeism’ and ‘labour turnover’ in industrial undertakings constitutes a


    great drain on the productive resources of our country”. How far do you agree with this
    view? (10 Mks)
    3. Define ‘Full employment’ Discuss the significance of a full employment policy in the
    context of an underdeveloped economy. (10 Mks)

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