Determinants of private demand - waiting-time for employment, Microeconomics

Assignment Help:

Determinants of Private Demand - Waiting-Time for Employment

‘Waiting time’ for employment is another important factor. The waiting time varies from course to course. For instance, it is lowest for medical and para-medical courses while it is highest for Arts graduates. It is common practice to relate ‘employment’ i.e. number of persons employed, to the time period for getting ‘first employment’.

Thus, if the employment rate is 50 per cent for a course with a waiting period of ‘six months or less’, it means that out of the total numbers qualified and interested in taking up job, half of the total number could secure jobs within the first six months of qualifying the course. Evidently, with increased waiting period, the number of employed should go up.


Related Discussions:- Determinants of private demand - waiting-time for employment

What is formal economy, Q. What is Formal Economy? Formal Economy:Secto...

Q. What is Formal Economy? Formal Economy:Sector of the economy that produces services and goods in return for monetary payment, and is fully integrated into the formal structu

Changing the surveillance framework, Changing the Surveillance Framework: ...

Changing the Surveillance Framework: Part of the challenge entails reorienting surveillance, the process through which the BW institutions policy advice is delivered, to make

Production posibility curve, what do you understand by production posibilit...

what do you understand by production posibility curve?

Difference between anticipated and unanticipated inflation, Explain inflati...

Explain inflation, and the difference between anticipated and unanticipated inflation.         Answer   Inflation is the persistent rise in the general price level in the e

Determine the is this agent maximizing is utility, 1. Suppose the wage rate...

1. Suppose the wage rate is w = 1. An agent is working 6 hours per day and consumes 5 units of goods per day. Suppose that the agent claims to be indifferent between his current

Describe the change in returns to scale & factor proportion, Before explain...

Before explaining returns to scale it will be instructive to make clear the distinction between change in the scale and changes in factor proportions. The difference between the ch

Concepts of economic development - economic growth, Normal 0 f...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Elasticity, Five uses of elasticity on the Public Sector and five uses of e...

Five uses of elasticity on the Public Sector and five uses of elasticity on the Private Sector.

Consumer equilibrim, explain consumer equilibrium diagrammatically as well ...

explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions

Price, hi i need price,cross and income elasticity of toyota corolla car. ...

hi i need price,cross and income elasticity of toyota corolla car. its only small part of the assignment topic so its need around 500 words. thanks ishwor

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd