Courses Master Display 2013-2014

Course Description To PDF
Course title Economics @Work
Course code EBC4196
ECTS credits 6,5
Assessment None
Period
Period Start End Mon Tue Wed Thu Fri
5 14-4-2014 6-6-2014 X X
Level no level
Coordinator Erik de Regt
For more information: e.deregt@maastrichtuniversity.nl
Language of instruction English
Goals
Understanding how incentives affect the behaviour of workers (principal-agent theory; tournaments; career concerns).
Decision making and organisation of work within firms (authority; team production; information flows).
Allocation of workers and development of skills (human capital theory; signalling; careers).

Skills to interpret empirical models in the field of personnel economics.
Skills to analyse work-related issues in economic terms.
Description
Explicit and implicit Incentives play an important role in the worker-firm relationship. Firms want to attract workers with knowledge and traits that match their demands. They have to motivate them to work in accordance with the organisation’s goals and to productively assign workers to tasks and jobs. Workers are concerned about their pay, their tasks and decision rights, their working conditions, and their career opportunities. In this course you will use economic models and empirical applications to understand the worker-firm relationship.
Literature
Selection of scientific articles related to theoretical and empirical personnel economics and organizational economics
Prerequisites
Intermediate microeconomics with game theory and asymmetric information, e.g. Varian H.R. (2010), intermediate microeconomics, A modern approach
With game theory and asymmetric information
Teaching methods (indicative; course manual is definitive) PBL / Lecture
Assessment methods (indicative; course manual is definitive) Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Economic Studies Electives
Master Economic Studies Managerial Economics
Master Human Decision Science Electives
Master Information and Network Economics Economics Electives
SBE Exchange Master Master Courses
SBE Non Degree Courses Master Courses