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Regular version of the site

Personnel Economics

2023/2024
Academic Year
ENG
Instruction in English
3
ECTS credits
Course type:
Elective course
When:
4 year, 2 module

Instructor

Course Syllabus

Abstract

The course is dealt with employment relationship mainly. Its content is based on E. P. Lazear’s theoretical concepts. The goal of this course is to provide students with deep understanding of a firm’s internal processes involving attracting, relocating and retaining of its workforce. In addition, a firm’s labor cost structure is examined.
Learning Objectives

Learning Objectives

  • The goal of this course is to provide students with deep understanding of a firm’s internal processes involving attracting, relocating and retaining of its workforce. In addition, a firm’s labor cost structure is examined.Apart from the introduction, there are two parts in the course. The first one is devoted to the general issues, such as hiring, developing and motivating of employees, various compensation methods. In the second part some specific cases of working relationship are analyzed. There are no prerequisites to this course. Nevertheless, the basic knowledge of enterprise economy is needed.
Expected Learning Outcomes

Expected Learning Outcomes

  • At the end of the course students must acquire skills of developing strategies with regard to employees’ compensation and motivation systems .
Course Contents

Course Contents

  • Conceptual foundations of personnel economics
  • The relationship between the company and employees
  • Personnel management based on data analysis
  • Specific issues of Personnel Economics
Assessment Elements

Assessment Elements

  • non-blocking Seminar assignments
    The grade consists of grades for completing assignments in seminar classes.
  • non-blocking Team project
  • non-blocking Test
    The test of 20-50 questions based on the course material (both theoretical and practical) via Smart LMS
Interim Assessment

Interim Assessment

  • 2023/2024 2nd module
    0.3 * Seminar assignments + 0.4 * Team project + 0.3 * Test
Bibliography

Bibliography

Recommended Core Bibliography

  • Inside the firm : contributions to personnel economics, Lazear, E.P., 2016
  • Lazear, E. P. (1995). Personnel Economics. Cambridge, Mass: The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1335
  • Personnel economics in practice, Lazear, E.P., 2017

Recommended Additional Bibliography

  • Card, D., & Ashenfelter, O. (2010). Handbook of Labor Economics. Amsterdam: North Holland. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=355581
  • Handbook of labor economics. Vol.4B: ., , 2011
  • Personnel economics for managers, Lazear, E. P., 1998
  • Personnel economics. Vol.1: Concepts, , 2004
  • Personnel economics. Vol.2: Performance, , 2004