JCU Australia logo

Subject Search

BX2053 - Workforce Economics and Analytics

Credit points: 3
Year: 2020
Student Contribution Band: Band 3
Administered by: College of Business, Law & Governance

Sound human resource decision making is pivotal to organisational success. Key decisions include: hiring the right types of workers; motivating staff through payment systems and benefits; evaluating and monitoring staff, and staff retrenchment when downsizing. This subject uses economics concepts to answer these and more questions re decision making in the workplace. This subject provides complementary skills to students interested in human resources, economics and those who are more generally interested in employee - employer relationships (for example students interested in organisational behaviour or psychology).

Learning Outcomes

  • describe a range of different economics concepts that explain employee and employer behaviour in the workplace;
  • discuss and apply economics concepts to validate human resource decision making;
  • design a human resources policy using economics concepts to address a human resources problem in a chosen business context.

Subject Assessment

  • Invigilated > End of semester exam - (30%)
  • Invigilated > Presentations - (10%)
  • Non-Invigilated > Assignments - (30%)
  • Test - (30%).
Prerequisites: BU1003 AND 12 CREDIT POINTS OF SUBJECTS
Inadmissible
Subject
Combinations:
EC5219, BX3053

Availabilities

External, Study Period 2
Census Date 27-Aug-2020
Coordinator: Assoc. Professor Taha Chaiechi
Lecturers: Assoc. Professor Taha Chaiechi, <Person not found>.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 38 hours - Combined Lectures; Tutorials/Workshops; Lecturer directed activities.
  • assessment and self-directed study
Method of Delivery: WWW - LearnJCU

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.