Personnel Economics
Personnel economics applies economic tools to topics from human resource management. This course introduces a wide range of topics relevant to HR managers, such as recruiting and hiring, training investments, or payment schemes.
Underlying economic theories as well as empirical evidence will be discussed in the course. After successful completion of the course, students should understand how economic theory can be used to analyse questions from human resource management, such as recruiting and hiring, training investments, and pay-ment schemes. Also understand how human resource practices can be analysed empirically, be able to apply theoretical and empirical findings to real-life cases and be able to read and critically review research papers using an personnel economics approach.
Teaching Format
The course consists of lectures and seminars. Each topic is introduced in a lecture, which students should prepare for by reading the assigned literature. In seminars, students will discuss assignments and research papers to deepen their understanding of the lecture content. At the start of the course, students will form groups, each of which will propose and write an empirical research article related to a topic covered in the course. Over the course period, each group will work on their research project and present it in a final presentation at the end of the course.
Assessment
- Group presentations and discussions during the seminars
- A sit-in exam
- A group work
