Labour Economics. Theory and Practice Part I

Issues of labour economics and evolution of the economic views of Eastern thinkers, the process of attracting and using labour power, new forms of employment, the labour market, the economics of social and labour relations, organization and wages, incomes of workers, level and quality of life of the population, as well as the strategy of decent work in innovative conditions of economic development are considered in the textbook. For students of economic specialization of Central Asia studying in Europe and the United States and the widest range of readers interested in problems of Economics Republic of Uzbekistan. A fundamental work of prominent economist of modern Uzbekistan Doctor of Economics, Professor, Academician K. Kh. Abdurakhmanov is a thorough scientific research, textbook and a kind of lecture course as well. Kalandar Khodjaevich made a great contribution to the development of higher economic education and economic science, formation and development of Plekhanov Russian University of Economics in Uzbekistan. Issues of labor economics arouse a great interest today, and no one denies their political and social, scientific, theoretical, practical, applied and educational significance both for individual countries and for the whole world. Being a branch of economic knowledge based on strong centuries-old traditions, labor economics performs everything to promote resolution of modern problems and improve our understanding of science and labor thanks to patient work and thorough research. The book of academician K. Kh. Abdurakhmanov examines the issues of labor economics and evolution of economic views of Eastern thinkers, process of attracting and using force, new forms of employment, labor market, economy of social and labor relations, organization and remuneration of labor, employees revenues, level and quality population life, as well as decent work strategy in innovative conditions of economic development. This book “Labour Economics: Theory and Practice” was presented at the International Conference in 2019 in Tashkent, Uzbekistan, with participation of Government of the Republic of Uzbekistan and Russian Federation as well as foreign countries Embassies, and in particular UK Ambassador in Tashkent, Uzbekistan Timothy Torlot. As it is known, during 25 years of independence of the Republic of Uzbekistan scientists and researchers have not had opportunity to exchange research, the latest scientific achievements and developments. Reading the book of Academician K. Kh. Abdurakhmanov you will understand that labor economics will never become a science in that sense which we mean talking about mathematics, physics or chemistry. There are many different schools (concepts) of economics of labor, each of them emphasizes various aspects of complex economic reality and labor market, expressing various economic and ethical, political and legal value judgments and making certain scientific and practical conclusions based on them. In addition, none of schools of labor economics theory has ever managed to predict real economic labor development of events even in those areas to which it is oriented because people have their own desires - unlike molecules or physical objects. And as there is no single correct answer in labor economics, therefore, it is impossible to give it to only specialists. Thus, each student should know at least something about labor economics. I do not mean that you need to take a thick textbook and get acquainted with any standpoint on this academic discipline.