Labour Economics

Paper Code: 
HRG 117
Credits: 
3
Contact Hours: 
45.00
Objective: 

Paper has been designed such that it acquaints the students with the various facets of managing people and to create an understanding of the various policies and practices of human resource management.

10.00
Unit I: 
Labour

Meaning ,Importance of Labour economics, Economic and social characteristics of industrial Labour in India

8.00
Unit II: 
Demand and supply theory of wages

Meaning,demand for Labour ,wage determination under imperfect competition

8.00
Unit III: 
Labour recruitment and selection

meaning,importance,concept of manpower planning, steps of manpower planning, determination of manpower requirements, sources of recruitment, methods of recruitment, recruitment policy

9.00
Unit IV: 
Concept of productivity

Meaning, importance, measurement of Labour productivity, determinants of Labour productivity

10.00
Unit V: 
Rural/Agriculture Labour in India

Concept, problems ,measures to improve their conditions

Essential Readings: 

• Bhagoliwal T N , “ Economies of labour and industrial relations” ,Sahtiys Bhawan Publications Agra.
• Gupta C B , “ Human Resource Management”.Sultan Chand and Sons,New Delhi.
• V S P Rao- “ Human Resource Mamagement-Text and Cases”.,Excel Publications,New Delhi.2nd edition

References: 

• Bhatia S K & Singh Nirmal, “Principles and Techniques of Personnel Management and Human Resource Management” ,Deep & Deep Publications,New Delhi.
• Garry Dessler “Human Resource Management”Prentice Hall of India, New Delhi.7th edition

Academic Year: 
2017-2018
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