We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published bySandy McDowell
Modified about 1 year ago
Addison Wesley Longman, Inc. © 2000 Industrial Relations Cod. 5116 Pietro Garibaldi Preliminaries
Addison Wesley Longman, Inc. © 2000 Logistic…… First Part: Lecturer: Pietro Garibaldi Office Number: Via Salasco 5, Room 12 (first floor) Office Hours: Teusday: 11.00-13.00 Assistant: Lorenza Negri Via Salasco 5, Room 10/A
Addison Wesley Longman, Inc. © 2000 Hours…. Lecture Hours: Room Number N25 Monday 14.30-16.00 Monday 18.00-19.30 Tuesday16.15-17.45 Thursday10.30-12.00 Classes: (dr. Mattia Makovec) Wednsday: 12.3-14.00
Addison Wesley Longman, Inc. © 2000 Exam Format and further info… Written format (see handout for details) For further details Lorenza Negri (assistant); SID (third floor) Website…(see below)
Addison Wesley Longman, Inc. © 2000 Web Site You will find: Power Point Presentations Lectures Notes Problem Sets and Solutions www.frdb.org/~pietrogaribaldi/teaching/IndRelations.htm
Addison Wesley Longman, Inc. © 2000 A Course in Two Parts First Part: Pietro Garibaldi –Labor Economics –Personnel Economics Second Part:Human Resource Management
Addison Wesley Longman, Inc. © 2000 Labour Economics (LE) Pesonnel Economics (PE) and Human Resource Management (HRM) This course deals with labor, the most important factor in the economic system (there would no economic system without people!). …..but economics has to do with rationality, with cost benefit analysis,…. while people are human beings, they have feelings, culture. Traditionally, LE and HRM specialists have not spoken to each other….
Addison Wesley Longman, Inc. © 2000 Human Resource Managers about Economists …economics can not be useful for managing human resources. Economic theory assumes that individual hate effort, behave opportunistically, have conflicting obejcts. In the economist mind, individuals are lazy, dishonest, and inside firms they have conflicting objectives. (O’Reilly e Pfeiffer 2000)
Addison Wesley Longman, Inc. © 2000 Economists versus HRM Management …all these emphasis on case studies. How can we generalize? In case studies all depends on the speific setting of the firm; To understand the world we need well spelled out theory, starting from obvious assumptions, down to empirical predictions Without models, we do not really learn much
Addison Wesley Longman, Inc. © 2000 ….Economics and Management But you are taking a degree in International Economics and Management! So somehow the two disciplines must have a way to talk to each-other! The spirit of this course, Industrial Relations, is to show that to be a good human resource manager, you need both skills: sound economic analysis and good management experience
Addison Wesley Longman, Inc. © 2000 Part I: the Economics Approach Part Ia: Labour Economics (outside the firm) Part Ib: Personnel Economics (inside the firm) Textbooks: - (ES) Ehrenberg R. and Smith. R. (2002) Modern Labor Economics, Addison Wesley, 8th Edition - (L) Lazear, E., Personnel Economics for Managers, John Wiley & Sons.
Addison Wesley Longman, Inc. © 2000 Syllabus Overview: Labour (LE) I How the Labor Market Works? An overview (key concepts, labour force, unemployment, labour demand, labour supply, equilibrium) II: The Demand for Labour –Short run –-Long run –-Hours/Employment, III: The Supply of Labour –-How people decide labour force participation
Addison Wesley Longman, Inc. © 2000 Labour continues Unions in the Labor Market –What unions do? –How do they negotiate with firms? Unemployment –frictional –structural Let’s move inside the firm…
Addison Wesley Longman, Inc. © 2000 Personnel Economics Economics of Human Resources Human resources today are key to organizational success: “Putting People First..” –High skill workers are difficult to hire, and to retent. –People need motivation. What economics has to say about these issues? A lot –People Respond to Incentives!
Addison Wesley Longman, Inc. © 2000 Recruitment and Hiring –Whom should you hire? –How to get the best applicants? –How to select among different applicants? Motivating through pay systems? –Choice of Compensation system –How Big Should be the Bonus? –How to structure promotion decisions
Addison Wesley Longman, Inc. © 2000..further PE Teams –When is it profitable to form teams –Specific motivational issues in teams Work-life considetaions –What should be the life-cycle of wages?
Addison Wesley Longman, Inc. © 2000 What we will not cover! Many practical issues –Legal issues –How to negotatiate with workers –How to organiza HR department –How to organize assesment center We will go inside the firm, but with a theoretical perspectives!
Personnel Economics 1 1 Doris Weichselbaumer Firm Organization and Personnel Economics.
Labor Economics Xiaomin Gai. Textbooks and References George J. Borjas, Labor Economics, 5 th edition. Handbook of Labor Economics, various volumes.
1 Macroeconomics Lecture 5 Unemployment (Mankiw: Macroeconomics, Chapter 5) Institute of Economic Theories - University of Miskolc Mónika Orloczki Assistant.
McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc. All rights reserved. 7-1 Defining Competitiveness Chapter 7.
System Model of HRM System composed of interrelated & interacting parts to achieve desired goals System approach to HRM combines itself with business strategy.
Institute of Economics 520 G. Labour Economics Prof. Dr. Thomas Beißinger
The Labor Market and Potential GDP The Supply of Labor –The quantity of labor supplied is the number of labor hours that all the households in the economy.
MODERN LABOR ECONOMICS THEORY AND PUBLIC POLICY CHAPTER Modern Labor Economics: Theory and Public Policy, Eleventh Edition Ronald G. Ehrenberg Robert S.
ECONOMIC THEORY Specialty «Human Resources Management» Manager Qualification.
Addison Wesley Longman, Inc. © 2000 Chapter 2 Overview of The Labor Market.
CHAPTER 9 The Economy at Full Employment CHAPTER 9 The Economy at Full Employment Chapter 26 in Economics Michael Parkin ECONOMICS 5e.
Fundamentals of Human Resource Management 8e, DeCenzo and Robbins Chapter 1 Strategic Implications of a Dynamic HRM Environment Fundamentals of Human Resource.
MICROECONOMICS: Theory & Applications Chapter 17 Wages, Rent, Interest, and Profit By Edgar K. Browning & Mark A. Zupan John Wiley & Sons, Inc. 9 th Edition,
Price Ceilings & Price Floors Mr. Marinello * Chippewa Valley * Fall 2012.
Macroeconomics I Lecture 9. October 2, 2007 Robert TCHAIDZE.
So let’s practice! Apple has $10,000 left and has to decide to make iPods or Mac Computers: PointiPodsMacs A200 B181 C152 D113 E64 F05 How might this PPC.
Milkovich/Newman: Compensation, Ninth Edition McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 7 Defining.
Chapter Six1 A PowerPoint Tutorial to Accompany macroeconomics, 5th ed. N. Gregory Mankiw Mannig J. Simidian ® CHAPTER SIX Unemployment.
Chapter 10 Human Resource Management and Labor Relations Prepared By Mostafa Kamel.
PAD214 PUBLIC PERSONNEL ADMINISTRATION LESSON 1 INTRODUCTION TO PUBLIC PERSONNEL ADMINISTRATION.
Chapter 1 Strategic Implications of a Dynamic HRM Environment Fundamentals of Human Resource Management Eighth Edition DeCenzo and Robbins.
Human Resource Management Lecture-28. Job Pricing.
© 2008 Pearson Addison-Wesley. All rights reserved Appendix 11.A Labor Contracts and Nominal-Wage Rigidity.
OS 352 4/22/08 I. Reminders. Read Hammonds and Combs et al. articles for Thurs. There will be a check of articles so please bring them to class. II.Exam.
Chapter 1 Introduction to Labor Economics Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Addison Wesley Longman, Inc. © 2000 Chapter 4 Labor Demand Elasticities.
1–1 MPO699 MANAGING PEOPLE IN ORGANIZATION TOPIC 01 – MANAGERS & MANAGEMENT.
Course introduction Rawhia salah Assistant Prof. of Nursing 2015/2016 Nursing Management and leadership 485.
Addison Wesley Longman, Inc. © 2000 Chapter 5 Quasi-Fixed Labor Costs and their Effects on Demand.
© 2010 McGraw Hill Ryerson 7-1 COMPENSATION Third Canadian Edition Milkovich, Newman, Cole.
Chapter Six 1 CHAPTER 6 Unemployment ® A PowerPoint Tutorial To Accompany MACROECONOMICS, 7th. Edition N. Gregory Mankiw Tutorial written by: Mannig.
MICROECONOMICS: Theory & Applications By Edgar K. Browning & Mark A. Zupan John Wiley & Sons, Inc. 10 th Edition, Copyright 2009 PowerPoint prepared by.
A Strategic Management Approach to Human Resource Management.
C3 Information Systems, Organizations, and Strategy.
Dr. Bea Bourne 1. 2 If you have any troubles in seminar, please do call Tech Support at: They can assist if you get “bumped” from the seminar.
1 Lecture # 01 Introduction Lecturer: Martin Paredes.
Introduction to Human Resource Management. Objective Explain the Scope of Human Resource Management Explain What is Human Resource Management (HRM) Define.
Lecture 3: Environment of HRM. 6/5/20162 Environment of HRM Environment of HRM includes all those factors which have bearing on the functioning of HR.
Chapter 16 Economics of the Labor Market McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 1: The Basics of Economics. Basic Economic Concepts 1. Economics is a social science dealing with how best to allocate scarce resources to satisfy.
Evaluation of RURAL MIGRANT SKILLS DEVELOPMENT AND EMPLOYMENT PROJECT CzechDET2009 Group 3.
Chapter 1 Introduction to Labor Economics Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Labor Economics, 4 th.
1. Peaches and nectarines are substitute goods, and both are produced under conditions of competitive long-run equilibrium. (a) Joyce, a producer in the.
Succession Planning and Management Dr. Rita Martinez-Purson Dean of Continuing Education University of New Mexico.
Chapter Unemployment 15. Identifying Unemployment How is unemployment measured? Employed – People who work Unemployed – Not employed Want to work Looking.
HUMAN RESOURCE MANAGEMENT. INTRODUCTION The term Human Resources is used for the individuals who work in a firm Human Resources may be defined as.
Addison Wesley Longman, Inc. © 2000 Chapter 14 Inequality in Earnings.
© 2017 SlidePlayer.com Inc. All rights reserved.