- 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.
- At the end of the course students must acquire skills of developing strategies with regard to employees’ compensation and motivation systems .
- Conceptual foundations of personnel economics
- The relationship between the company and employees
- Personnel management based on data analysis
- Specific issues of Personnel Economics
- Seminar assignmentsThe grade consists of grades for completing assignments in seminar classes.
- Team project
- TestThe test of 20-50 questions based on the course material (both theoretical and practical) via Smart LMS
- 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
- 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