The students acquire knowledge about the process and the strategic aspects of collective bargaining about wages. They analyze selected aspects of corporate governance and co-determination in Germany. The lecture also addresses questions of personnel politics and issue of labor market discrimination. Microeconomic and behavioral approaches as well as empirical data is used and evaluated critically.

Aim

The student

• understands the process and role of agents in collective wage bargaining.
• analyzes strategic decisions in the context of corporate governance.
• understands the concept of co-determination in Germany.
• challenges statements that evaluate certain personnel politics.

Recommendations

Completion of module Business Administration is recommended.

Basic knowledge of microeconomics, game theory, and statistics is recommended.

Workload

The total workload for this course is approximately 135 hours.

Lecture 32h

Preparation of lecture 52h

Exam preparation 51h

Literature

Arbeitsmarktökonomik, W. Franz, Springer, 2013