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.
example of marginal opportunity cost
SHOW MATHEMATICAL EXAMPLE
The reason that an entrepreneur supposes the risk of starting a business is to earn profits. The fundamental assumption in the theory of production is that a rational owner of a b
Composition of Trade: It is indicative of the structure and level of development of an economy. For instance, most of the UDCs depend for their export earnings on a few primar
The main features of outward-oriented and inward-oriented development strategies. Inward- oriented as focus on reducing domestic reliance on imports by executing high barrier
Dynamic Changes in Costs: The Learning Curve
Indifference Curves: Every consumption-leisure point, (l; c), in the diagram is associated with a unique level of utility. The line II represents the individuals indifference curv
Gasoline Rationing - In the year 1974 and again in the year 1979, the government imposed price controls on gasoline. - This resulted in scarcity and gasoline was rationed.
Research has revealed the following information about the market for Thomas chocolates; the demand schedule can be represented by the equation Qd=850 @20 dollar. The supply schedul
construct your own version of a production possibility curve and use it to explain scarcity, opportunity cost and choice
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd