Economics of Human Resources

3 credits · Peabody College - Professional

This course introduces basic concepts in microeconomics using the lens of human resources to investigate and apply these concepts. The economics of human resources, frequently called personnel economics, is concerned with improving the outcomes of both employees and employers. The basic premise of the course is that employees have skills and talents that are useful to firms in the labor market. When employees are put to work as productively as possible, both the employee and the employer benefit. [3]