Unit name | Personnel Economics |
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Unit code | ECONM2018 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Maija Halonen-Akatwijuka |
Open unit status | Not open |
Pre-requisites |
ECONM1014 Economics for Finance and Management and ECONM1010 Microeconomics |
Co-requisites |
None |
School/department | School of Economics, Finance and Management |
Faculty | Faculty of Social Sciences and Law |
This course tackles human resource issues using Economics, with a particular focus on how compensation and organisational design affect incentives. Hiring and recruitment decisions and pay for performance are examined in this course. Additional topics include allocation of decision rights in the organisations and on the job training. This course will also examine the effect of advances in IT on organisational design.
Lectures and small group classes. In classes students analyse case studies in teams and solve exercises.
Formative assessment: exercises assess learning outcomes 2 and 5 and case studies assess learning outcomes 1, 3 and 4.
Summative assessment: 2-hour written exam (70%) assesses learning outcomes 1-5, 2000 word case study analysis (30%) assesses learning outcomes 1, 3 and 4.
Lazear and Gibbs (2009) Personnel Economics in Practice (Wiley)