Syllabus
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Course Code: M-BECOE -030 Course Name: Economics of Labour-II |
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| MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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| 1 | Issues in Wage Determination Non-wage component of labour remuneration; Inflation-wage relationship at micro and macro levels; Productivity and wage relationship; Analysis of rigidity in labour markets; Asymmetric information and efficiency of labour markets in wage determination; National wage policy; Wages and Wage Boards inIndia; Bonus system and profit sharing. Reading List • Desphande L.K. &Sandesara, J.C. (Eds.). (1970).Wage Policy and Wages Determination in India. Bombay University Press, Bombay. • Hicks J.R. (1932).The Theory of Wages. Clarendon Press, Oxford. • Konig, H. (1990). Economics of Wage Determination. Springer Berlin Heidelberg. • Madan, B.K. (1977).The Real Wages of Industrial Workers in India. Management Development Institute, New Delhi. • Mazumdar, D. (1989). Micro-economic Issues of Labour Markets in Developing Countries (EDI Services Paper No. 40). World Bank, Washington D.C. |
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| 2 | Industrial Relations Theories of labour movement — Growth, pattern and structure of labour unions in India, Achievements of labour unions; Causes of industrial disputes and their settlement and prevention mechanism; Role of tripartism; Current trends in collective bargaining; Labour legislation in India. Reading List • Breman, J. (1996). Footloose Labour: Working in India’s Informal Economy. Cambridge University Press. • Memoria, C.B. (1966). Labour Problems and Social Welfare in India. Kitab Mahal, Allahabad. • Papola, T.S., Ghosh P.P. &Sharma, A.N. (Eds.). (1993). Labour, employment and Industrial Relations in India. B.R. Publishing Corporation, New Delhi. • Punekar, S.D. (1978). Labour Welfare, Trade Unionism and Industrial Relations. Himalaya Publishing House, Bombay. • Sach, J. (1990). Social Conflict and Populist Policies in Latin America. In R. Brunnetta and C.D. Aringa (Eds.), Labour Relations and Economic Performance. Macmillan, Basing Stoke. |
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| 3 | State and Labour State and social security of labour — Concept of social security and its evolution; Social assistance and social insurance; Review and appraisal of states policies with respect to social security and labour welfare in India; Receding state and its effect on working of labour markets. Reading List • Hajela, P.D. (1998). Labour Restructuring in India: A Critique of the New Economic Policies. Commonwealth Publishers, New Delhi. • Singh V.B. (Ed.). (1970). Industrial Labour in India. Popular Prakashan, Bombay. |
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| 4 | Issues of Labour market Special problems of labour: Child labour, female labour, Discrimination and gender bias in treatment of labour; Labour market reforms — Exit policy, need for safety nets, measures imparting flexibility in labour markets; Second National Commission on Labour; Globalization and labour markets. Reading List • Deshpande, S., Standing, G. & Deshpande, L.K. (1998). Labour Flexibility in a Third World Metropolis. Commonwealth Publishers, New Delhi. • Hauseman, S. (1991). Industrial Restructuring with Job Security. Harvard University Press, Cambridge. • MHRD, GOI (1987). Shram Shakti: Report of the National Commission on Self-employed Women and Women Workers in the Informal Sector. Ministry of Human Resources Development, New Delhi. • Misra, L. (2000). Child Labour in India. Oxford University Press, New Delhi. • Riveros, L. (1990). Labour Market Policies and Labour Market Reforms in Socialist Economies. World Bank, Washington D.C. • Standing G. & Tokman, V. (Eds.). (1991). Towards Social Adjustment. ILO, Geneva. • Venkata Ratnam, C.S. (2001). Globalization and Labour-Management Relations: Dynamics of Change. Sage Publications/Response Books, New Delhi. |
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