Labour Economics book incorporates theories of labour and concerns of labour. It addresses recent labour issues such as economic reform labour issues, women’s and children’s labour. The book deals primarily with the elementary components and importance of labour, scope of labour economics, labour problems in developing economy and their solution, nature and effects of labour turnover and absenteeism, labour efficiency, labour market and theory of labour supply and demand, unemployment and unorganised labour, labour welfare and labour security in India and five-year plans, structure and achievements of co-operative movement, industrial policy and recent developments, large-scale, small scale and cottage industries and industrial development, district industries centre and industrial policy, trade unions, collective bargaining and industrial relations, labour management relations, industrial disputes and workers participation in management, workers education, industrial health, industrial safety, social security measures in India and collection and importance of labour statistics.
For students, teachers, academics and scholars working in colleges and universities, the book is very beneficial. It was written in accordance with the syllabi prescribed for postgraduate and undergraduate levels in the fields of arts, business, law and labour. There has been a great deal of reference work done to prepare this book, but the language and style are quite clear and lucid. The book aims to serve as an ideal student textbook and a very valuable reference book for students, scholars, labour leaders, government, private and public sector labour executives, as well as general readers. It has been organised into 50 chapters. In addition, it will also be beneficial to candidates appearing for various competitive examinations such as I.A.S., I.E.S., C.A. and N.E.T. examinations. For the convenience of the learners, necessary question banks are included at the end of this textbook. I hope that every reader will enjoy reading this book. It is most welcome to make some suggestion to further develop its problems.