Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Estimating Occupational Structure of the Labour Force within Economic Sectors in the Target Year
The total output in the economy, the sectoral shares therein and labour productivity in each sector are now known for the target year. However, the input ‘labour’ is not a homogeneous category. There are a large number of persons with diverse occupational skills in each economic sector. There is need for information about the occupational structure of the economic sectors not only in the base year but also in the target year. The structure would have changed because of several interventions.
For this purpose, a typology of occupations is required so that a large number of occupations can be classified for operational purposes. The census of India follows an eight-fold classification of occupations for reporting about the occupational structure of the labour force. There is also an International Standard Classifications of Occupations (ISCO). The classification of occupations made at the first layer under the ISCO is as follows:
The proportion of persons in each of these eight major occupational groups in the ten major industrial sectors of the economy are estimated for the base year. These proportions will change for the target year in relation to changes in the economy, technology and investment policies. The sum of occupational distributions of persons in all the ten economic sectors derived on the basis of proportions estimated for the target year will provide the aggregate distribution in the economy. For instance, sales workers in all economic sectors could be aggregated to get total sales workers in the economy. The same procedure applies for other occupational groups.
Discuss the advantages and disadvantages in having a managed exchange rate regime. Advantages of a managed/fixed exchange rate Predictability and certainty a) Fi
Long Waves: Longer-term periods of stagnation or growth in the economy, that can last for a decade or more and reflect broader changes in technology, politics, and international re
Determine the Cross Elasticity of Demand Measures the responsiveness of demand for good A to a given change in the price of good B. It is an significant piece of information to
M.Phil. Admission Test, 2017 Economics Model Question Group A Domain Knowledge in Economics Correct answer is as marked in black. Micro Economics 1. Consider a utility function U =
MRTS and Marginal Productivity The change in output from change in labor equals: The change in output from change in capital equals
Explain the role of managerial ecnomist in kissan &dipsy fro ub group
Using real life examples and the use of the following concepts: Effecient vs Ineffecient and Opportunity cost and increasing opportunity cost
Find the highest interest rate: There are 2 entrepreneurs, Sally and Paul. The return to their projects are given by: To finance the project, each entrepreneur needs
Assume you go to the market to buy apples (x1) and oranges (x2) and discover that the price of apples is 1 euro per unit and the price of oranges is 1 per unit when you buy less th
if a commodity has limited demand , should economist say that we still have a scarcity ?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd