Economics 650: Modern Issues in Industrial Relations

Page is under construction for Spring 2002.  Modifications expected, but basic
substance will not change.  Registering for this course requires 
permission.  Contact me by email at: rlhannah@mtsu.edu
Richard Hannah, Professor of Economics

Course Description

This course is about a wide range of issues that are core to the study of industrial relations (aka: employment relations, human resources, personnel, labor-management relations, union-management relations, etc...). Examples include social security, pensions, human capital, gender, and the interaction of internal and external labor markets. A limited exploration of the international dimensions of this field of study will also be integrated. Technical skills required are time value computations, interpretation of simple regression analysis, and a basic understanding of economic theory as applied to labor markets, in general no more advanced than intermediate level. Note, however, that the course sticks more to a qualitative discourse. Either a practical background or previous course work will be very helpful. No prerequisites are required for this course, but intense dedication will be required of those who can not draw on the skills/experience mix described above. Econ 650 can be viewed as a companion course for Econ 651, which is more oriented toward technical analysis. If you have a disability that requires any kind of accommodation for this course, contact me before the semester begins. This is an accelerated course that meets on Saturdays for long periods and attendance and timeliness is required.

Materials Required--all books in MTSU Bookstore

Collective Bargaining & Labor Relations (Second Ed.) by Terry Leap. Prentice Hall: ISBN 0-02-369101-8 The Economics of Women, Men, and Work (Fourth Ed.) by Francine Blau, Marianne Ferber, and Anne Winkler. Prentice Hall: ISBN 0-13090922-X Social Capital (First Ed.) by Nan Lin, Karen Cook, Ronald Burt. Aldine De Gruyter: ISBN 0-202-30643-7 Financial calculator capable of computing NPV from uneven cash flows. You can use any calculator (or a laptop with this capability), but I only teach to a TI-BAII Plus. Online Lecture Notes: Sampler Only Online Sources: Sampler Only

Class Schedule and Activities

Expect to submit written assignments in the periods between class meetings by Word attachments. Grading criteria will be decided by the first class, but written assignments, class participation, presentations, and exams by email will likely be the mix.

January 12

Introductions Terminology Comments on Origin and Evolution of the Field of IR, by Kaufman Theory review: economics & comments on political science, sociology, psychology Academic fit of IR Time value and regression analysis review International dimensions Internet dimensions Library databases and other sources Survey of Leap text Assignments

February 9

Review of Economics of Women, Men, and Work (Blau, et al) Social Security Labor market for the elderly Labor market for youth: Hannah and Baum papers Case Assignments

March 9

Review of Social Capital Case Assignments

April 13

Teaching: Budd paper Learning: Bloom's taxonomy Knowledge workers Case Presentation of research paper at the Tennessee Economics Assn. Annual Meeting Possible topics include: Tele-working Corporate universities Collective bargaining by teachers Collective bargaining by utility workers List-server networks Workplace privacy Analysis of youth labor market data