 |
| Detailed information |
| Pre-requisites |
(*)KS Einführung in die Volkswirtschaftslehre KS Einführung in die Mikroökonomie
|
| Original study plan |
Bachelor's programme Economics and Business 2025W |
| Learning Outcomes |
Competences |
After completing the course, students will be able to:
- Assess corporate and personnel strategies from a microeconomic perspective and provide well-founded recommendations.
- Critically evaluate the use of recruitment, compensation, and promotion systems in a corporate context.
- Independently apply models and theoretical concepts to practical challenges in human resource management.
- Identify, analyze, and develop solution-oriented approaches to complex issues in personnel economics.
- Clearly and precisely communicate their analysis results, using both mathematical and qualitative methods to support their arguments.
|
|
| Skills |
Knowledge |
After completing the course, students will be able to:
- Analyze and critically evaluate mathematically formulated, abstract models in personnel economics.
- Apply economic concepts to personnel policy issues such as recruitment, compensation, and career planning.
- Analyze the impact of information asymmetries and human capital investments on personnel decisions.
- Assess organizational structures and team dynamics from an economic perspective and derive actionable recommendations.
- Develop strategies to minimize employee turnover and optimize incentive systems.
|
After completing the course, students will have:
- A deep understanding of economic perspectives on firm organization and personnel policy.
- Knowledge of incentive effects in recruitment systems, compensation models, promotion, and career systems.
- An understanding of the impact of asymmetric information and investments in both general and firm-specific human capital.
- Familiarity with concepts such as employee turnover, organizational structures, and the use of teams.
- A foundational understanding of mathematical models for analyzing personnel and organizational decisions.
|
|
| Criteria for evaluation |
Exam
|
| Methods |
Lectures and exercises
|
| Language |
English |
| Study material |
Lazear, E. P.; Gibbs, M.: Personnel Economics in Practice. Wiley, Cambridge, last edition.
|
| Changing subject? |
No |
| Earlier variants |
They also cover the requirements of the curriculum (from - to)
572AECOPECK18: KS Personnel Economics (2018W-2020S)
572AECOPERK15: KS Personnel Economics (2015W-2018S)
2AECEPEK: KS Personnel Economics (2009W-2015S)
|
|
