Minor in Industrial Relations

A minor in Industrial Relations must include ECON 4420 and ECON 4510 and MGMT 3810. The remaining 6 hours are to be selected from ECON 4490 or ECON 4390 and MGMT 4660 or MGMT 4690. This includes 3 hours at MTSU. A 2.00 GPA is required in the Industrial Relations minor.

ECON 4390 Employee Benefits. Three credits. (Same as FIN 4390.) Prerequisite: Junior standing. Includes descriptive review and taxation, legislative, and administrative dimensions of the major components of employee benefit plans such as retirement systems, deferred compensation plans, health insurance, death benefits, disability benefits, paid and unpaid time off. Technical analysis and problem solving emphasized to develop applied skills. Social insurance and international benefits integrated.

ECON 4420 Labor and Human Resource Economics. Three credits. Prerequisites: ECON 2410 or 2420; junior standing. Current issues and theories, returns to training and education (human capital), earnings differences; union impacts and government regulation of labor relations and labor markets; human resource information system modeling, including applied PC or mainframe data analysis and integration of Internet information sources.

ECON 4490 Industrial Relations Legislation. Three credits. (Same as BLAW 4490 and MGMT 4490.) Prerequisite: Junior standing. Economic background and effects of government regulation of labor relations; emphasis on a detailed examination of the National Labor Relations Act as amended or expanded by the Labor Management Relations Act, the Labor Management Reporting and Disclosures Act, and Title 7 of the Civil Rights Act.

ECON 4510 Unions and Collective Bargaining. Three credits. (Same as MGMT 4510.) Prerequisite: Junior standing. The collective bargaining process: its evolution in the public and private sectors and its contemporary legal environment; compensation, institutional and administrative issues; strikes and impasse resolution procedures.

MGMT 3810 Human Resources Management. Three credits. Prerequisite: Junior standing. The organization, functions, and administration of a human resources management department, including selection, training, placement, promotion, appraisal, pay incentives, and laws affecting the human resource function.

MGMT 4660 Compensation Systems. Three credits. Prerequisites: MGMT 3610 and 3810. Formal organization compensation systems. Emphasis on the design, implementation, and administration of compensation systems utilizing wage theory, applicable analytical tools, research results from the behavioral sciences, and evaluations of actual practices currently utilized in the private and public sectors.

MGMT 4690 Problems in Human Resources Management. Three credits. Prerequisites: MGMT 3610 and 3810. Contemporary problems and issues in personnel and industrial relations in industry, using research findings as a basis for more constructive action in government-labor-industry relations.