MN4760 Manpower Economics I

An introduction to the theoretical aspects of labor economics. Concepts covered include the supply of labor, the demand for labor, wage determination, internal labor markets, human capital, earnings functions, turnover, compensation systems, and compensating wage differentials. Special readings are used that apply the principles to military manpower.

Prerequisite

MN4071

Lecture Hours

4

Lab Hours

0

Course Learning Outcomes

• Critically assess the validity of complex personnel/labor economics arguments made by various stakeholders.
• Evaluate the intended and unintended consequences of proposed solutions to complex personnel/labor economics issues.