ECS2604 Labour Economics
University of South Africa
Here are the best resources to pass ECS2604 Labour Economics. Find ECS2604 Labour Economics study guides, notes, assignments, and much more.
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Summary
ECS2604_SUMMARY_NOTES 2021
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---42October 20212021/2022
- ECS2604_SUMMARY_NOTES 2021 
ECS2604_SUMMARY_NOTES 
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 adjus...
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lectdenis
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Summary
ECS2604 - Labour Economics SUMMARISED NOTES.
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--391October 20212021/2022
- ECS2604 - Labour Economics SUMMARISED NOTES. UNIQUE CHARACTERISTICS OF THE LABOUR MARKET 
LO2: Be able to describe the unique characteristics of the labour market 
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 ...
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ExcelAcademia2026