ECON 333 - Economics of Workplace Management

Units: 3
Economic analysis of human resources and general management topics. The course focuses on how information, resources, constraints, decisions and incentives shape compensation, benefits, job amenities, work environment, and organizational design as a whole.

Prerequisites:

ECON 200.
Possible Instructional Methods: On-ground, or Hybrid, or Online-Asynchronous.
Grading: A-F grading only.
Course Typically Offered: Spring Alternate Years

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Explain how imperfect information on workers’ productivity and investment in skills influence firms’ recruitment and turnover;
Apply optimal decision making and organizational structure to job design;
Apply the principal-agent framework to construct compensation and incentive schemes.