LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

M.A. DEGREE EXAMINATION – ECONOMICS

RF 37

SECOND SEMESTER – APRIL 2006

                          EC 2806 – LABOUR ECONOMICS AND INDUSTRIAL RELATIONS

 

 

Date & Time : 24-04-2006/9.00-12.00         Dept. No.                                                       Max. : 100 Marks

 

 

PART – A

 

Answer any FIVE questions in about 75 words each.       (5 ´ 4 = 20 Marks)

1. What is the justification of ‘labour’ as a unique factor of production?
2. Distinguish between labour force and work force.
3. Define trade union and explain its objectives.
4. How ‘Job Analysis’ is done for a company?
5. Bring out the role of Self Help Groups (SHG) in reducing unemployment.
6. Distinguish between bonus, fringe benefits and ex-gratia payments.
7. Briefly explain the concepts ‘Wage differentials’ and ‘Wage discrimination’

PART – B

Answer any FOUR questions in about 250 words each.   (4 ´ 10 = 40 Marks)

8. Evaluate the Marginal Productivity Theory of Wages.
9. Bring out the areas and significance of workers participating in management.
10. Discuss the Minimum Wage Act 1948 and its amendments.
11. Bring out the problems and prospects of Indian Labour Market.
12. Discuss in detail the social security measures in Tamil Nadu.
13. Examine the quantitative and qualitative aspects of human resource management.
14. Discuss the Employees State Insurance Act 1948 and its amendments.

PART – C

Answer any TWO questions in about 900 words each.     (2 ´ 20 = 40 Marks)

15. Discuss the preventive and settlement measures of industrial disputes.
16. Examine Reynold’s institutional labour market model.
17. Evaluate the objectives and functioning of ILO.
18. Give a critical look on the objectives and functioning of employment exchange in India.

 

 

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