31C00800 - Personnel Economics, Lecture, 15.4.2025-2.6.2025

Guest access
Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

The objective of the course is to familiarize student with economic analysis of central topics in human resource management. The student will learn to use tools and concepts of economics to analyze human resource management decision problems.

Credits: 6

Schedule: 15.04.2025 - 02.06.2025

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Antti Kauhanen

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    The course introduces economic approach to human resource management. Topics of the course include: recruitment, personnel development, job design, career development, performance measurement, and performance-related pay. The topics are studied with simple models. Analysis of real-world applications and decision problems are emphasized.

Assessment Methods and Criteria

  • valid for whole curriculum period:

    1. Lectures 24h. The lectures involve discussions of real-world problems. The problems are handed out in advance and the students will present their analysis and discuss the problems in class. There will be 5 topics, of which 4 have to be passed in order to pass the course.
    2. Written assignment (50% of the final marking)
    3. Final exam (50% of the final marking)

Workload

  • valid for whole curriculum period:

    Workload:
    Participation in lectures 24h
    Preparing for the lecture sessions 24h
    Writing the essay 60h
    Preparing for the exam 50h
    Exam 3h

DETAILS

Study Material

  • valid for whole curriculum period:

    Lazear Edward P. and Gibbs Michael  Personnel Economics in Practice (2014), 3rd ed., mandatory

    Availability

    Other readings assigned during the course.

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Spring V
    2025-2026 Spring V

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof