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Econ 342: Economics Of Labour Question Paper

Econ 342: Economics Of Labour

Course:Bachelor Of Arts Economics And Sociology

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS
EXAMINATIONS FOR THE AWARD OF DEGREE OF
BACHELOR OF ARTS ECONOMICS AND SOCIOLOGY
ECON 342: ECONOMICS OF LABOUR
STREAMS: B.A (ECON& SOCIO) TIME: 2 HOURS
DAY/DATE: WEDNESDAY 24/4/2013 11.30 AM – 1.30 PM
INSTRUCTIONS:

1. Answer question 1 (compulsory) and any other two questions
2. Question 1 carries (30 Marks) while the other questions carry (20 marks) each.

1. (a) The major role of the labour market is to promote pareto efficiency. But the
market fails to obtain this. What are the reasons and how can they be solved.
[10 Marks]

(b) Explain the determinants of demand for labour using well labeled diagrams
[10 Marks]

(c) (i) Explain the main source of human capital investment [6 Marks]

(ii) Differentiate between:

(a) Collective bargaining and trade unions power [2 Marks]

(b) Living wage and minimum wage [2 Marks]

2. (a) Unemployed is one of the major problems in Kenya in order to solve this problem
its essential to know different types that are found in Kenya. Explain. [10 Marks]

(b) In the world today the labour market worker mobility is common though several
factors inhibit this. Discuss. [10 Marks]

3. (a) What is wage differentiation? Explain kinds of wage differentiation.
[10 Marks]

(b) Under which conditions can trade unions raise wages and what are the factors that affect this ability. [10 Marks]

4. (a) Recently in one of the paint company’s some workers died and several workers
seriously injured; it was later discovered that there was poor ventilation, according to the labour laws in Kenya what are the working conditions recommended. [10 Marks]

(b) As an economics student how would you help in achieving Vision 2030 on the issue of achieving full employment. [10 Marks]

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Econ 342: Economics Of Labour Question Paper

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