ECON 3430

Compensation, Incentives, and Productivity

Course Description

Course information provided by the 2023-2024 Catalog.

Examines topics in labor economics of particular relevance to individual managers and firms. Representative topics include recruitment, screening, and hiring strategies; compensation (including retirement pensions and other benefits); training, turnover, and the theory of human capital; incentive schemes and promotions; layoffs, downsizing, and buyouts; teamwork; and internal labor markets. Focuses on labor-related business problems using the analytic tools of economic theory and should appeal to students with strong quantitative skills who are contemplating careers in general business, consulting, and human resource management as well as in economics.

Prerequisites/Corequisites Prerequisite: ILRLE 2400 or equivalent.

Distribution Category (SBA-AS, SSC-AS)

When Offered Fall or Spring.

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