| This course uses economics to answer many of the practical questions that managers face
when dealing with their personnel. For example,
How do I set the appropriate hiring standards?
Should I hire more workers or increase the hours of current workers?
Should I pay workers based on their hours of work or on their output?
How can I create incentives for my workers to work hard?
When is a collective bargaining negotiation likely to end up in arbitration?
How do I choose between buying out and laying off my workers?
Which workers should I promote?
Course Objectives
The course objectives are: first, to provide students with a framework from which to
judge the impact and appropriateness of various employment practices and second, to
provide an opportunity to further critical analytical skills. |
AP2
AP4
AP5
AR2
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