About the course
Personnel economics applies economic tools to topics from human resource management. This course provides an introduction to 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, the student should:
- understand how economic theory can be used to analyze questions from human resource management, such as recruiting and hiring, training investments, and pay-ment schemes.
- understand how human resource practices can be analyzed empirically.
- be able to apply theoretical and empirical findings to real-life cases.
- understand and explain how labor market regulation (e.g. collective agreements) can be incorporated in the personnel economics approach.
- be able to read and critically review research papers using an personnel economics approach.