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    Unit 2 Macro-Economic-Environment

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    kayosh dhungel
    The document discusses key dimensions of macroeconomics including income level, income distribution, economic growth, development of sectors, employment, inflation, and globalization. It outlines major problems facing Nepal's economy such as lack of governance, unstable politics, high costs, and inadequate infrastructure. Employment trends in Nepal include few job opportunities, less interest in traditional jobs, nepotism in hiring, and many seeking jobs abroad. Labor market issues consist of unemployment, lack of skilled workers, uncompetitive wages, and politicization.

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    Unit 2 Macro-Economic-Environment

    Uploaded by

    kayosh dhungel
    29 views9 pages
    The document discusses key dimensions of macroeconomics including income level, income distribution, economic growth, development of sectors, employment, inflation, and globalization. It outlines major problems facing Nepal's economy such as lack of governance, unstable politics, high costs, and inadequate infrastructure. Employment trends in Nepal include few job opportunities, less interest in traditional jobs, nepotism in hiring, and many seeking jobs abroad. Labor market issues consist of unemployment, lack of skilled workers, uncompetitive wages, and politicization.

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    Unit 2 macro-economic-environment

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    The document discusses key dimensions of macroeconomics including income level, income distribution, economic growth, development of sectors, employment, inflation, and globalization. It outlines major problems facing Nepal's economy such as lack of governance, unstable politics, high costs, and inadequate infrastructure. Employment trends in Nepal include few job opportunities, less interest in traditional jobs, nepotism in hiring, and many seeking jobs abroad. Labor market issues consist of unemployment, lack of skilled workers, uncompetitive wages, and politicization.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    29 views9 pages

    Unit 2 Macro-Economic-Environment

    Uploaded by

    kayosh dhungel
    The document discusses key dimensions of macroeconomics including income level, income distribution, economic growth, development of sectors, employment, inflation, and globalization. It outlines major problems facing Nepal's economy such as lack of governance, unstable politics, high costs, and inadequate infrastructure. Employment trends in Nepal include few job opportunities, less interest in traditional jobs, nepotism in hiring, and many seeking jobs abroad. Labor market issues consist of unemployment, lack of skilled workers, uncompetitive wages, and politicization.

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    UNIT:- TWO MACRO ECONOMIC ENVIRONMENT

    The word ‘Macro’ is derived from the Greek word ‘Makros’ which means ‘Large’ and therefore macro
    economic is concerned with economic activity in the large. It analyses the behavior of the whole economic
    system in totality.

    Dimension of the Economy

    Dimension of an economy refers to the components of economy of a country. It is blend of various


    factors which are as follows:-

     Income level

     Income Distribution

     Growth of Economy
    Development of agricultural, industrial and service sectors

    Level of employment

    Balance of payment

    Rate of inflation

    Urbanization

    Globalization and others


    The dimension of economic may be

    1. The economic dimension

    2. The socio-economic

    3. The industrial and agricultural dimension

    4. The economic development dimension


    Major problems and challenges facing Nepalese economy

    There are three important sectors of the Nepalese economy which are as follows:-

    Agricultural sector

    Industry sector

    Service sector
    Overall Problems and Challenges of Nepalese economy

    Some of the problems and challenges of Nepalese economy are given below;

     Lack of good governance

     Instable political system

     Higher cost

     Management problems of organization

     Unhealthy competition

     Inadequate infrastructure

     Small market size


     Low productivity

     Land locked country

     Problem of investment and finance


    Employment Trends and Labor Market Issues

     Employment Trends

    1. There is less employment opportunities.

    2. The people are less interested on their traditional family business.

    3. There is the practice of open competition and reservation in Government Agency while selecting the
    employees.

    4. Educated women are seeking out for employment opportunities.

    5. Migrating to abroad for searching employment opportunities.

    6. There are few establishment business houses in Nepal and the top management position has taken by their
    own family members.
    7. There is the practice of Nepotism and favoritism.

    8. There is lack of fairness and transparent selection.

    9. Out sourcing

     Labor Market Issues

    1. There is large number if labor force remains unemployed, semi employed and seasonal employed but less
    number of skillful labors.

    2. Lack of performance based pay and incentive system.

    3. Absence of sound labor relation.

    4. Labor market is highly politicized.


    5. Practiced of minimum wages system.

    6. Practiced of social inclusion in labor market.

    7. Most of the top level management/ highly skilled manpower are imported from India labor
    market.

    Thank You!!

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