Behavioural Insights for Managers

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Credits

20

Module code

BU52024

The module is designed to give students a broad understanding of how economic techniques may be used to solve various Human Resource (HR) problems in a company. Questions that the module addresses include whether a company should seek to recruit internally or externally, whether and how pay should differ between employees, and whether pay should be based on hours of work or individual and/or group performance. Emphasis is placed on the economic approach to HR, and it will be discussed how this approach relates to and complements insights and evidence from social psychology.