Exploration of the economics of the workplace using the insights of economic models and behavioral economics; focus on incentives and information, motivation of workers through incentive pay, promotion tournaments and threats, design of the hiring process to recruit a talented and diverse workforce, attraction and retention of employees, downsizing. Prerequisites: Grade of C or better in ECON 323 Credits 3. 3 Lecture Hours.
Exploration of the economics of the workplace using the insights of economic models and behavioral economics; focus on incentives and information, motivation of workers through incentive pay, promotion tournaments and threats, design of the hiring process to recruit a talented and diverse workforce, attraction and retention of employees, downsizing. Prerequisites: Grade of C or better in ECON 323 Credits 3. 3 Lecture Hours.