Labour Economics notes: KNEC Diploma

Labour Economics notes KNEC Diploma

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Topic 1: Introduction to Labour Economics
Topic 2: Demand for Labour
Topic 3: Supply of Labour
Topic 4: Labour Market Structures
Topic 5: Labour Productivity
Topic 6: Wages and Salary Determination
Topic 7: Employment and Unemployment
Topic 8: Inflation
Topic 9: Labour Mobility
Topic 10: Labour Costing
Topic 11: Emerging Issues and Trends
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At the end of the module unit, the trainee should be able to:

• Apply the concept of demand and supply in the management of labour in an organization
• Determine the cost of labour in an organization
• Adhere to appropriate procedures for employment of human capital in an organization
• Recognize the effect of labour mobility on level of productivity of human resources in an organization
• Relate effects of inflation to productivity of labour in an organization