LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
M.A. DEGREE EXAMINATION – ECONOMICS
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SECOND SEMESTER – APRIL 2006
EC 2950 – LABOUR ECONOMICS AND INDUSTRIAL RELATIONS
(Also equivalent to EC 2900)
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)
- Distinguish between wage differentials and wage discrimination.
- Bring out and briefly explain different forms of strike.
- What do you understand by ‘decasualisation scheme’?
- Bring out the peculiarities of ‘labour’.
- Differentiate between arbitration and adjudication.
- Briefly explain the functions of employment exchanges in India.
- Distinguish between social assistance and social insurance.
PART – B
Answer any FOUR questions in about 250 words each. (4 ´ 10 = 40 Marks)
- Examine Prof. Sashkin’s model of workers participation in management.
- Suggest remedies for the problem of unemployment in India.
- Discuss in detail the social security measures in Tamil Nadu.
- Bring out the importance of Collective Bargaining in industrial disputes.
- Explain the various steps involved in the selection process of an employee.
- Bring out the objectives and areas of induction programme.
- Discuss the Employee State Insurance Act 1948 and its amendments.
PART – C
Answer any TWO questions in about 900 words each. (2 ´20 = 40 Marks)
- Examine the Marginal Productivity Theory of Wage.
- Discuss the economic and non-economic causes of industrial dispute.
- Explain the Institutional Labour Market Model.
- Evaluate the objectives and functions of International Labour Organisation.