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.
Meaning ,Importance of Labour economics, Economic and social characteristics of industrial Labour in India
Demand and supply theory of wages:Meaning,demand for Labour ,wage determination under imperfect competition
meaning,importance,concept of manpower planning, steps of manpower planning, determination of manpower requirements, sources of recruitment, methods of recruitment, recruitment policy
Meaning, importance, measurement of Labour productivity, determinants of Labour productivity
Concept, problems ,measures to improve their conditions