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Cam 307 Labour Economics (Sunday) Date: April 2012 Question Paper

Cam 307 Labour Economics (Sunday) Date: April 2012 

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011




UNIVERSITY EXAMINATIONS: 2011/2012
YEAR 3 EXAMINATION FOR THE BACHELOR OF COMMERCE
CAM 307 LABOUR ECONOMICS (Sunday)
DATE: APRIL 2012 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One and Any other Two Questions
QUESTION 1
(a) Explain the meaning of Labour economics and state the three main players in the labour market
(10 Marks)
(b) By end of 2011 the World population reached an astounding mark of 7 billion people and out of
this population about 4.5 billion live in Asia. This population have enticed multinationals from
west to set-up industries in most of East Asian countries to take advantage of cheaper labour. From
your own understanding what are the advantages and disadvantages of increasing population in an
economy. (20 Marks)
(Total 30 Marks)
QUESTION 2
(a) Explain the concept of unemployment (2 Marks)
(b) Describe factors affecting the demand of labour (18 Marks)
QUESTION 3
(a) Discuss the negative effects of unemployment to a population. (10 Marks)
(b) Describe the types of discrimination in the labour market in Kenya. (10 Marks)
QUESTION 4
(a) Describe factors affecting changes in market equilibrium with reference to supply of labourers.
2
(10 Marks)
(b) Explain objectives of minimization of wages in a labour market. (10 Marks)
QUESTION 5
Unemployment rates in Kenya have been rising steadily for the last decade despite expansion of
University education. You have been contracted by Ministry of Youth and sports to advise on the
various methods that can be adopted to solve the problem of unemployment for youth. What is your
advise? (20 Marks)






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