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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Human Resource Economics (BUS301)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S2-internal, S2-external
KAPLAN-SGP: TMA-internal
Teaching Timetables Murdoch S2
Description It is increasingly recognised that efficient use of human resources is a key determinant of the performance of enterprises and nations. This unit will apply economic analysis to human resource decision making. Topics: the hiring decision, the training decision, job hierarchies within the organisation, remuneration issues and the growth of flexible working arrangements.
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. Evaluate and apply the aims and purpose of human resource economics principles and practices to real world scenarios.
2. Analyse contemporary human resource decision policies and practices by applying the main concepts, terminologies and tools of economic analysis.
3. Discuss the importance and implications of ethical decision making in the globalised labour market.
4. Research and argue human resource economics and policies.
5. Communicate an understanding of trends and key issues involved in contemporary employment contracts.
Timetabled Learning Activities Workshops: 2 hours per teaching week for South Street campus
All offerings of this unit include the equivalent of 30 hours of structured learning.
Unit Learning Experiences The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self directed learning to further develop skills and application of knowledge to practical and current issues.
Assessment Mid Term Test - 10%
Group Research Project - 30%
Group Presentation - 20%
Final Examination - 40%
Prerequisites Nil.
Exclusions Students who have successfully completed BUS375/BUS275 Human Resource Economics may not enrol in this unit for credit.
Appears in these Courses/Majors:
see individual structures for context
Human Resources Management (BBus) [New in 2014]
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr Ranald Taylor
Senior Lecturer in Economics

Murdoch Campus
t: 9360 2533
e: Ranald.Taylor@murdoch.edu.au
o: 512.2.015 - Building 512, Murdoch Campus
Unit Contacts

Ms Vanessa Grida

Murdoch Campus
t: 9360 2254
e: Vanessa.Grida@murdoch.edu.au
o: 512.2.032 - Building 512, Murdoch Campus

MURDOCH: S2-External
MURDOCH: S2-Internal
Mr Murray Brennan
P/T Teaching Casual

e: M.Brennan@murdoch.edu.au
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