6
Component Theories of Human Resource Development
CHAPTER OUTLINE
Psychology and the Discipline of HRD
Contributed by Elwood F. Holton III, Louisiana State University
• Emerging Foundational Theories of Psychology
• Limits of Psychology—Two Issues
Economics, Human Capital Theory, and HRD
Contributed by Richard J. Torraco, University of Nebraska
• What Is Human Capital Theory?
• Economics and Human Capital Theory—Key Concepts and Applications
• Future Challenges to Human Capital Development
• Economic Inequality and its Consequences
• Case Example: Human Capital and National Development: A Tale of Two Koreas
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