Course Detail
Units:
3.0
Course Components:
Lecture
Enrollment Information
Enrollment Requirement:
Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
Description
This course is an application of economics to human resource management, with particular emphasis on personnel economics. Topics include wages and incentives, hiring, training and human capital, layoffs and turnover, tournaments, efficiency wages, performance measurement, non-wage benefits. Course sessions will consist of a mix of lecture and discussion. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making in HR.