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ECS2604 Labour Economics

University of South Africa

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ECS2604_ExamJuneJuly_2021 .

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    ECS2604_ExamJuneJuly_2021 .

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  • UNIVERSITY EXAMINATIONS June/July 2021 ECS2604 Labour Economics 100 Marks Duration: 4 Hours First examiner: Dr T Rametsi Second examiner: Mrs VL Sekokoi CONFIDENTIAL This paper consists of nineteen (19) pages. Instructions: (1) Once you have completed your answers submit it as a single document in PDF format using the eAssessment tool on the myExams portal. It is preferable for you to type your answers (Font: Arial 12) and then convert your document to PDF format for submission. How...
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ECS2604 SUMMARY NOTES.

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    ECS2604 SUMMARY NOTES.

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  • CHAPTER 1 1.1 WHY STUDY THE LABOUR MARKET? Any reasonably serious observer of South African society is constantly bombarded by policy questions that have their origin in the labour market. These policy questions may, for example, be raised in the newspapers, and discussed in union meetings or at company board level. Or companies may have to decide about their reaction to some of these issues, and to what extent the company needs to adjust to face the possible long-term consequences of s...
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ECS2604 Assignment 02/2021

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    ECS2604 Assignment 02/2021

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    november 2021
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  • Question 1: Why is productivity improvement important? Productivity is used to consider the extent to which certain outputs can be extracted from a given input. Productivity measures provide a means to managers to ascertain, plan control and improve efficiency at different levels of organization. Productivity measures are also essential for motivating employees through payment of incentive for high productivity. Reasons why productivity improvement is important and the impact that it has:...
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ECS2604_semester1_ass_solutions

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    ECS2604_semester1_ass_solutions

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  • Assignments 1 - First Semester 2020 1.11 Which of the following is NOT an assumption of a perfectly competitive labour market? [1] Workers have full information on jobs available and wage rates. [2] Employers have incomplete information on wage rates paid by other employers. [3] Workers and employers are entirely rational. [4] Neither workers nor enterprises exercise any influence over the market wage. [5] Workers are perfectly mobile. 1.12 Which of the following is NOT a unique charact...
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ECS2604 Study Notes

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    ECS2604 Study Notes

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  • ECS2604 Study Notes 2015 Written By Class of 2015 Together We Pass Tel: 021 958 2567 WELCOME If you are reading these notes you are studying (ECS2604) with UNISA. These notes are aimed at being a guide to assist you in passing this module, and aim to extract the essence of what you need to pass this module with ease at your exam. Please remember to use them IN CONJUNCTION with all our other features. The most important of which is WORKING TOGETHER with the lecturers and other stude...
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ECS2604 - Labour Economics SUMMARISED NOTES.

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    ECS2604 - Labour Economics SUMMARISED NOTES.

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  • ECS2604 - Labour Economics SUMMARISED NOTES. THE SEVEN UNIQUE CHARACTERISTICS OF THE LABOUR MARKET o A product is not being bought but services of a person, a human being. o Principles of fairness, equity and humanness must be applied. o The services of the worker are being bought and not the worker therefore a contractual agreement is important in that relationship. o The market is characterized by great diversity o The individual worker changes over time o There is not one single mark...
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ECS2604 - Labour Economics SUMMARISED NOTES

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    ECS2604 - Labour Economics SUMMARISED NOTES

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  • ECS2604 - Labour Economics SUMMARISED NOTES NECESSITY OF STUDYING THE LABOUR MARKET o Help us understand the economic questions or issues that we encounter on a daily basis such as unemployment, strikes, skills shortage, affirmative action etc o All stakeholders would benefit from an in-depth knowledge of the labour market in SA as well as a theoretical analysis of the labour market in general. o Employers as well as employees have to deal on a daily basis with concepts that we see and h...
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ECS2604 PAST EXAM PACK ANSWERS (2020 - 2014) & 2020 NOTES BUNDLE

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    ECS2604 PAST EXAM PACK ANSWERS (2020 - 2014) & 2020 NOTES BUNDLE

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  • ECS2604 PAST EXAM PACK ANSWERS (2020 - 2014) & 2020 NOTES BUNDLE ECS2604 PAST EXAM PACK ANSWERS (2020 - 2014) & 2020 NOTES BUNDLE
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ECS2604 EXAM PACK 2021 bundle

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    ECS2604 EXAM PACK 2021 bundle

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  • ECS2604 EXAM PACK 2021 bundle
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