module catalogue - wiso-fakultät · good mathematical and analytical skills, ability to think...
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Please note the year of validity of the module catalogue.
2019/20
FACULTY OF MANAGEMENT,
ECONOMICS AND SOCIAL
SCIENCES
UNIVERSITY OF COLOGNE
VICE DEAN OF STUDIES
DEPARTMENT
MODULE CATALOGUE
ECONOMICS
BACHELOR OF SCIENCE
IN ACCORDANCE WITH THE EXAMINATION REGULATIONS FOR THE SINGLE MAJOR BACHELOR PROGRAMME IN ECONOMICS
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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Academic director Prof. Dr. Erik Hornung
Programme director Dr. Julia Fath
Editor Vice Dean of Studies Department - WiSo Faculty
Student Services
WiSo Student Services
+49 (0) 221 / 470 - 8818
Status Taking effect on 01.10.2019
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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Lists of abbreviations
AM Advanced module PR Project
AS Assignment PRES Presentation
C Course SI Studium Integrale
CC Compulsory course SM Specialisation module
CM Core module SPM Supplementary module
CH Contact hours ( = time spent in
class) SPW Semester period per week
ECTS Credit Points SSt Self-study
CS Case study TP Term paper
EC Elective course TPF Time required for preparation and
follow-up
OE Oral Examination TR Credit points transferred from
another university
PRP Project report WL Workload
PCR Practical component report WT Written Test
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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Table of Contents
1 ECONOMICS ....................................................................................................... 1
1.1 Content and objectives of the programme ............................................................... 1
1.2 Requirements .......................................................................................................... 2
1.3 Programme structure and sequence ....................................................................... 3
1.4 Study Abroad Option ............................................................................................... 3
1.4.1 The Faculty’s Study Abroad Programme (STAP) ........................................... 4
1.4.2 Credit transfer options from studies abroad .................................................... 5
1.5 Module study plan sequence ................................................................................... 5
1.5.1 Study plans including a semester abroad ....................................................... 8
1.6 Modules with mid-term examinations ...................................................................... 8
1.7 Calculation of the overall mark ................................................................................ 9
1.8 Modularity ............................................................................................................... 9
1.9 Rules for failed attempts ........................................................................................11
1.10 Compulsory attendance of courses ......................................................................12
2 SUPPORT FOR STUDENTS ............................................................................. 13
2.1 Course registration in KLIPS 2.0 ............................................................................13
2.2 Exam registration in KLIPS 2.0 ..............................................................................13
2.3 Subject-specific and examination advice ................................................................14
2.4 Academic Working .................................................................................................14
2.5 Other sources of information and advice ................................................................15
3 MODULE TABLES AND DESCRIPTIONS ........................................................ 16
3.1 Core and Advanced Section ...................................................................................16
3.2 Supplementary Section ..........................................................................................16
3.3 Specialisation Section ............................................................................................17
3.4 Studium Integrale ...................................................................................................18
3.5 Bachelor Thesis .....................................................................................................19
3.6 Module Descriptions...............................................................................................20
3.6.1 Preparatory Module..............................................................................................20
3.6.2 Core and Advanced Section ..........................................................................22
3.6.3 Supplementary Section .................................................................................43
3.6.4 Specialisation Section ...................................................................................56
3.6.5 Bachelor Thesis .......................................................................................... 101
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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1 Economics
Economics is a subset of economic science. It is concerned with microeconomic behaviour
and macroeconomic conditions as well as processes and examines, for example, how private
households react to rising prices or how companies respond to higher non-wage labour costs.
It deals with the socially relevant, fundamental problem of how scarce production facilities and
resources should be managed and proposes solutions. The Bachelor in Economics
programme gives students the necessary knowledge and skills to be able to systematically
describe economic problems and identify solutions for them.
1.1 Content and objectives of the programme
Graduates have competences at level 6 of the German Qualification Framework or the
Bachelor level of the German Qualification Framework for Higher Education Qualifications.
Their specific formulation as Intended Learning Outcome is:
Graduates…
…comprehend and use fundamental microeconomic and game theoretical concepts.
…comprehend and use macroeconomic theories and concepts.
…comprehend and use mathematical and statistical methods and their respective fields of
application.
…comprehend fundamental business administrational correlations.
…define and evaluate the institutional design of economic systems and processes.
…use mathematic and econometric techniques to solve economic problems and for
predictions.
…comprehend and analyse economic concepts in a historical perspective or understand the
economically relevant jurisdictional fundaments of the state.
…use their previously acquired knowledge to analyse specific research fields in economics,
business administration and other areas.
…use economic concepts to analyse and evaluate economic (policy) decisions as well as
phenomena of the economy as a whole.
…use techniques of scientific working and good scientific practice.
…collect, systemize and specify both relevant literature and data and prepare independently
an academic paper/thesis on a selected topic under the advisor’s guidance.
…discuss their own work with lecturers and other students.
…develop their results together with fellow students.
…clarify facts using mathematical equations, graphs and tables.
…successfully communicate economic topics both in writing and orally.
…communicate in English language.
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…justify argumentatively and evaluate independently prepared positions and
recommendations of action.
…organise independently their own work and learning processes
…are aware of the importance of responsible conduct taking into account social, ethical and
economic criteria.
…reflect their own work and implement feedback constructively.
Students on the Bachelor in Economics programme learn core competencies that can be used
for a variety of purposes in economic life. Primarily, these competencies include economic and
formal analytical skills with which to analyse microeconomic and macroeconomic issues in
modern economies. This special methodological competence is what sets graduates with an
economic background apart from those in other fields of study.
Depending on students’ personal priorities, various career paths are open to them, working for
economic actors at home and abroad. These include, for example, private or public sector
enterprises, various ministries and departments at the national, federal-state and local level,
research institutes, foundations, trade unions, associations and chambers. These employers
offer job opportunities for graduates, who analyse complex economic contexts in order to
obtain information and draw up forecasts and recommendations regarding restrictions to
market access, agreements on the exchange of goods and services, pricing principles, market
interdependencies and consequences of regulatory intervention.
The specific profile of these graduates is defined by a solid knowledge of formal microeconomic
and macroeconomic analysis methods in combination with specific areas of application, such
as the labour, energy or capital market. Knowledge of business administration aspects and the
ability to analyse statistics are important for these areas of application and also form part of
the graduate profile.
1.2 Requirements
Successful students will have the following subject-related, methodical and personal strengths
and aptitudes:
good mathematical and analytical skills,
ability to think abstractly and conceptually,
good communication skills in German and English,
ability to perform independent, goal-driven and result-oriented work and
a keen interest in economic issues.
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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Students with insufficient knowledge in mathematics (e.g. only basic course in high school) are
recommended to attend a preparatory module in mathematics which is offered in blocked form
before the regular lectures begin. For further information, have a look in the corresponding
module description.
1.3 Programme structure and sequence
The Bachelor in Economics programme carries 180 credit points (CPs). The standard period
of study is six terms and the programme comprises the following subject categories:
The core and advanced section (90 CPs) consists of modules in fundamental economics and
methods, all of which are compulsory. The supplementary section (36 CPs) consists of
business administration modules, of which the core modules in Accounting and Fundamentals
of Accounting are compulsory. The third section is the “Studium Integrale”, carrying 12 CPs,
which all students at the university are required to take. The specialisation section (30 CPs)
consists of two specialisation modules and the bachelor’s seminar. The students then
complete the programme by writing their bachelor thesis (12 CPs).
Studierenden wird zudem empfohlen, vor Beginn ihres Studiums am Vorbereitungsmodul
Mathematik teilzunehmen.
1.4 Study Abroad Option
The WiSo Faculty offers a broad range of study abroad options within an excellent network of
prestigious partner universities worldwide. The so-called Study Abroad Programme (STAP)
includes ERASMUS exchanges and provides an opportunity for a single-term stay at one of
the WiSo Faculty's partner universities. Successful STAP applicants benefit from direct contact
and organisational support at the partner university as well as support in the organisation of
the semester abroad by the International Relations Center (ZIB WiSo). Additionally, they are
exempt from paying tuition fees there. The range of universities available depends on the
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
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bachelor course on which the student is enrolled – the possible options are listed in the WiSo
Exchange (WEX) (access through the student's UoC account only), along with detailed
information on each university.
Every year, in addition to the STAP programme, the WiSo Faculty organises an exclusive
short-term study option WiSo@NYC which takes place in New York City.
In addition to these options offered by the Faculty, bachelor students can also apply for a non-
WiSo exchange, offered by Dezernat 9 – Internationales (Central International Office of the
University of Cologne) within the ‘fakultätsübergreifende Partnerschaften’ framework. Further
possibilities are going abroad as a freemover (i.e. as a student who organises his or her stay
abroad individually) or participating in short courses or summer schools offered under separate
terms and conditions.
1.4.1 The Faculty’s Study Abroad Programme (STAP)
Bachelor students should plan their application for a term abroad at the beginning of their
bachelor studies. The STAP main selection round takes place once a year with application
period between October and December 1st, it allows for an application either for fall term or
spring term of the following academic year. Detailed information on the selection criteria and
the best preparation for a STAP application can be found online in the STAP Bachelor
Application Manual.
If there are still places available after the main selection round has been completed, another
small secondary selection round will be offered between April and June 1st. In this round,
students can only apply for the following spring term.
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1.4.2 Credit transfer options from studies abroad
The WiSo Faculty has put a lot of emphasis on internationalisation in the design of its bachelor
programmes, offering broad credit transfer options for all kinds of study abroad options. Each
bachelor course includes at least one "Studies Abroad" module, with a broad range of courses
suitable for credit transfer. In addition, a single course-to-course credit transfer can be
considered. Moreover, students have the option of crediting courses from the semester abroad
as part of their Studium Integrale.
For any questions regarding credit transfer, students can contact the ZIB WiSo or the WiSo
Credit Transfer Center.
1.5 Module study plan sequence
Due to several factors you need to plan your studies more and more individually. This is caused
for example by the fact that some specialization modules cannot be finished within one term
or are solely offered in the winter or summer term. Thus, the following sequences are only
recommendations, from which you can or have to diverge depending on your individual study
plan.
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B.Sc. Economics (Start winter term)
Term CC/EC
Module Winter term
Section CP
1 CC Core Module Microeconomics Core and Advanced Section 9
1 CC Core Module Mathematics Core and Advanced Section 6
1 CC Core Module Statistics Core and Advanced Section 6
1 CC Core Module Business Administration I Supplementary Section 9
Summer term 30
2 CC Advanced Module Microeconomics Core and Advanced Section 9
2 CC Core Module Macroeconomics Core and Advanced Section 9
2 CC Advanced Module Statistics Core and Advanced Section 6
2 CC Core Module Fundamentals of Accounting Supplementary Section 6
Winter term 30
3 CC Studium Integrale Studium Integrale 6
3 CC Advanced Module Econometrics Core and Advanced Section 6
3 CC Advanced Module Economic Policy Core and Advanced Section 9
3 CC Core Module Business Administration II Supplementary Section 9
Summer term 30
4 CC Advanced Module International and Monetary Economics
Core and Advanced Section 9
4 CC Advanced Module Public Finance Core and Advanced Section 9
4 CC Core Module Accounting* Supplementary Section 12
Winter term 30
5 CC Advanced Module Quantitative Methods Core and Advanced Section 6
5 EC Specialization Module I Specialisation Section 12
5 CC Bachelorseminar Economics Specialisation Section 6
5 CC Studium Integrale Studium Integrale 6
Summer term 30
6 CC Advanced Module Institutions Core and Advanced Section 6
6 EC Specialization Module II Specialisation Section 12
6 CC Thesis Bachelor Economics Thesis 12
30 *As of Winter Term 2020/21, this module will no longer be offered: instead, the basic modules Cost
and Performance Accounting as well as Balance Sheet and Profit and Loss Accounting à 6 ECTS
credits will be offered.
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B.Sc. Economics (Start summer term)
Term CC/EC
Module Winter term
Section CP
1 CC Core Module Microeconomics Core and Advanced Section 9
1 CC Core Module Mathematics Core and Advanced Section 6
1 CC Core Module Statistics Core and Advanced Section 6
1 CC Core Module Business Administration I Supplementary Section 9
Summer term 30
2 CC Advanced Module Statistics Core and Advanced Section 6
2 CC Core Module Macroeconomics Core and Advanced Section 9
2 CC Core Module Business Administration II Supplementary Section 9
2 CC Core Module Fundamentals of Accounting Supplementary Section 6
Winter term 30
3 CC Core Module Accounting* Supplementary Section 12
3 CC Advanced Module Microeconomics Core and Advanced Section 9
3 CC Advanced Module Economic Policy Core and Advanced Section 9
Summer term 30
4 CC Studium Integrale Studium Integrale 6
4 CC Advanced Module Econometrics Core and Advanced Section 6
4 CC Advanced Module Institutions Core and Advanced Section 6
4 EC Specialization Module I Specialisation Section 12
Winter term 30
5 CC Advanced Module International and Monetary Economics
Core and Advanced Section 9
5 CC Advanced Module Public Finance Core and Advanced Section 9
5 EC Studium Integrale Studium Integrale 6
5 CC Bachelorseminar Economics Specialisation Section 6
Summer term 30
6 CC Advanced Module Quantitative Methods Core and Advanced Section 6
6 EC Specialization Module II Specialisation Section 12
6 CC Thesis Bachelor Economics Thesis 12
30 *As of Winter Term 2020/21, this module will no longer be offered: instead, the basic modules Cost
and Performance Accounting as well as Balance Sheet and Profit and Loss Accounting à 6 ECTS
credits will be offered.
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1.5.1 Study plans including a semester abroad
a) Beginning of Studies: Winter Term
The fifth semester is mostly suitable for studying abroad.
Given the model study plan sequence it should be noted that the Advanced Module
Quantitative Methods is only offered in winter terms.
In view of the model study plan sequence and the credit transfer options in the specialization
section (12 CP) as well as in the Studium Integrale (12 CP) the two parts of the Studium
Integrale should be positioned in the fifth semester in the case of an exemplary stay abroad.
The Advanced Module Quantiative Methods can be positioned in the third semester if an
adequate course offered in the module is chosen. The Bachelor’s Seminar is to be planned
according to the individual curriculum.
b) Beginning of Studies: Summer Term
The fourth semester is mostly suitable for studying abroad.
In view of the model study plan sequence and the credit transfer options in the specialization
section (12 CP) as well as in the Studium Integrale (12 CP) the two parts of the Studium
Integrale should be positioned in the fourth semester in the case of an exemplary stay abroad.
The Advanced Module Institutions can be positioned in the fifth semester and the Advanced
Module Econometrics can be moved to the sixth semester.
c) General remarks
For questions about studying abroad the ZIB WiSo is at your disposal.
Additionally, it is always possible not to request a semester on leave (Urlaubssemester) if you
spend a semester abroad such that examinations can be taken upon return to the University
of Cologne (if it is individually feasible).
1.6 Modules with mid-term examinations
Some modules have courses that only run for half a term and usually with twice the normal
number of classes. For these modules, the term is divided into two roughly equal halves. In
the fall, the mid-term usually ends at the beginning of December; in the spring, it is usually in
the middle or at the end of May. Often, the examinations for these courses are held mid-term,
enabling students to reduce their examination load at the end of term.
The information in the campus management system (KLIPS) regarding the dates of courses
and examinations is relevant in this context.
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1.7 Calculation of the overall mark
The marks for each examination are determined by the respective examiners. The overall mark
for the bachelor degree combines the marks for the various sub-categories, weighted based
on the respective number of credit points attainable and each sub-category’s contribution
towards the overall mark for the examinations for which marks are given. The marks for the
sub-categories are calculated as the mean of the examination results in line with the weighting
for each examination in terms of the credit points it contributes to the overall mark for the
examinations in the respective category for which marks are given. If the result of a module
examination is calculated based on several components, the mark is calculated based on a
weighting given in the module description. The overall mark for the degree is calculated as the
weighted arithmetic mean of the marks for the subject categories and the mark for the bachelor
thesis. On the Economics programme, the weighting for the contributions to the overall mark
are as follows:
a) Mark for Core and Advanced Section: 90 of 168 CPs
b) Mark for Supplementary Section: 36 of 168 CPs
c) Mark for Specialisation Section: 30 of 168 CPs
d) Mark for Bachelor Thesis: 12 of 168 CPs.
1.8 Modularity
The subject categories on the bachelor programmes are divided into modules, the contents of
which are presented in the module descriptions. The bachelor module catalogue can be viewed
in the download section of the WiSo Student Services (“WiSo-Studienberatungszentrum”)
website. Students who pass the necessary examinations are awarded credit points as proof of
their successful participation in a module. The module examinations are taken at regular
intervals during the programme. Each module consists of various parts and can usually be
completed in one or two terms (see the “Duration” section in the module description). A module
can consist of lectures, exercises and/or tutorials on the same subject. There are also modules
that only comprise one type of class, e.g. a seminar. In some cases, modules offer students a
choice between various courses and they are required to take one or more of them. In these
cases, the examination can consist of two components (written test in course 1 and a term
paper in course 2) or take the form of one, combined examination (a written test covering the
content of courses 1 and 2).
When planning your studies, please remember that not every module is offered every term. To
find out whether a module is being offered, refer to the “Module availability” section of the
module description.
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The following examples are to be understood exclusively as illustrations of the individual
scenarios; they do not necessarily include modules of the present study programme.
Scenario 1: The module consists of complementary courses on the same subject.
Scenario 2: Students are required to take a combination of courses, each of which ends with
its own examination. The CP are awarded once both examinations have been passed.
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Scenario 3: Students take a combination of courses and at the end they sit one examination,
covering the content of all of the courses, in order to gain their CP.
1.9 Rules for failed attempts
Students may retake module examinations that they have failed. The number of attempts is
limited to three per module.
In addition, additional three resit attempts can be granted to students at any point of the
programme. Students who have accumulated at least 140 credit points are granted a further
additional attempt. If a student fails an examination in the three additional attempts and the
extra attempt for students with 140 points or more, they are deemed to have failed the
programme at the final attempt. However, students may only be eligible for additional attempts
beyond the initial three attempts if none of the first three examination attempts were failed due
to cheating or to an offence. If the candidate fails a module examination three times, he or she
will receive a written notification informing him or her of the options available. We recommend
all students who fail the initial three attempts to seek advice from WiSo Student Services
(“WiSo-Studienberatungszentrum”) before embarking upon an additional attempt.
Where a module examination consists of several components, the candidate must obtain a
“bestanden” (pass) mark, or at least an “ausreichend (4,0)“ (sufficient) mark, in all of the
examination components. All components marked “mangelhaft (5,0)” or “nicht bestanden” (fail)
must be retaken.
It is not possible to resit module examinations that have already been passed.
A failed bachelor thesis can be retaken once, with a new topic. Students must register for their
second attempt within six months of the result of their first attempt being announced.
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1.10 Compulsory attendance of courses
The rules concerning compulsory attendance of courses are laid down in Section 64(2a) of the
“Hochschulzukunftsgesetz” (Higher Education Future Development Act). Consequently, the
rules concerning compulsory attendance laid down in WiSo Faculty’s examination regulations
no longer apply, which means that attendance is not compulsory for lectures or seminars.
Nonetheless, the WiSo Faculty does recommend students to attend courses regularly,
particularly seminars. This is also in students’ own interests.
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2 Support for students
2.1 Course registration in KLIPS 2.0
KLIPS 2.0 is the central campus management system of the University of Cologne. At the
WiSo faculty, KLIPS 2.0 serves as a student organization tool. Students should use it as an
online course catalogue, for registration and deregistration of courses and examinations, as
well as an overview of the complete study programme and calendar. Information on current
dates and deadlines of the WiSo faculty, as well as video tutorials and FAQs about KLIPS can
be found on the homepage of WiSo-KLIPS-Support. If you have further questions, feel free to
contact WiSo-KLIPS-Support via e-mail ([email protected]). For account questions,
contact the central KLIPS support.
2.2 Exam registration in KLIPS 2.0
Examinations on the various programmes are always managed via KLIPS 2.0. Students must
register for them within specified deadlines. Please note that registration for courses without
restriction on participation via KLIPS and registration for the corresponding module
examinations are two completely separate processes. In the case of courses which are subject
to a restriction on participation, an examination registration is generally only possible if a
registration for the course has been submitted beforehand. Most examinations in written test
form are offered twice per term. Often, this will be to “space out” the dates, i.e. students can
choose the date that best fits their examination schedule. In some cases, however, the second
examination may be a genuine repetition of the first, depending on the department/institute
concerned.
All WiSo Faculty examination candidates are entitled to see their examination papers after they
have been marked. For more information, please visit the WiSo Examination Office website.
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2.3 Subject-specific and examination advice
General advice for students, especially regarding study options and programme requirements,
is available from WiSo Student Services (“WiSo-Studienberatungszentrum”) for all
programmes at the WiSo Faculty. The WiSo Student Services also offer subject-specific
recommendations for students’ study plans for the first semester plus information on how the
individual programmes are structured. The WiSo Student Services are also the first place
students should turn to if they have any other questions or problems concerning their studies.
The centre can be contacted by telephone, in person or by email. The opening hours and
contact data can be found on the corresponding webpage.
Subject-specific advice is provided during the designated times by the University’s faculty
members and associated teaching staff (“akademische Mitarbeiterinnen und Mitarbeiter”)
involved in the teaching on the programme. The designated times are announced by means
of notices in the institutes and on the departments’/institutes’ websites.
Legally binding information concerning examinations and examination procedures is provided
by the WiSo Faculty Examination Office. It also issues transcripts of records in German and
English, ranking certificates and letters of assignment to the appropriate term of the
programme. All the necessary information, contact details and opening hours can be found on
the corresponding webpage.
2.4 Academic Working
To support the academic writing of term and final papers, the University of Cologne offers
various courses to practice the process of academic writing by students. These include:
a) Writing advice/consultation
The Kompetenzzentrum Schreiben, the Professional Center, the Kölner Studierendenwerk and
the programme SchreibArt offer advice as well as courses related to the issues that arise
when writing an academic paper.
b) Literature research
The university library offers various courses especially for researching literature.
c) Text processing and literature administration
The Regionales Rechenzentrum provides courses regarding text processing and literature
administration.
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Students can register for the courses of the Professional Center and the SchreibArt programme
in the Studium Integrale under „Kompetenzen für das Studium“ (competencies for studies).
There are even more offers made by the WiSo-faculty that can be elected in the Studium
Integrale. Hence, these courses can be credited for your studies.
2.5 Other sources of information and advice
International students who study at the WiSo Faculty for part of their programme can turn to
the International Relations Centre (“Zentrum für Internationale Beziehungen” or “ZIB”) for help
with any questions they have. Cologne University students preparing to study abroad can also
contact the ZIB for support. The Centre also runs a variety of summer schools, short
programmes and Business English courses. The services, courses and people to contact can
be found on the corresponding webpage.
The Faculty’s Credit Transfer Centre (“Zentrum für die Anrechnung auswärtiger Leistungen”)
is responsible for recognising credits accumulated in other institutions. This applies both to
credits students have gained at other higher education institutions in Germany or abroad prior
to studying at the WiSo Faculty, and to (advance) transfer of credits that students plan to
accumulate abroad or have already accumulated abroad as part of a WiSo Faculty programme.
This system eliminates the need to make individual inquiries to departments/institutes and
examination offices. Students can find out everything they need to know about the transfer
process on the corresponding webpage.
The WiSo Career Service offers advice and support for students from the WiSo Faculty looking
for an internship or profession that is right for them. It also helps them as they plan their career
and apply for jobs. In addition, the WiSo Career Service organises seminars, presentations
and special events in cooperation with employers and external and internal experts. It also
works with other partners in the Faculty and the University to support and guide students as
they decide on a career path.
The WiSo IT Service runs regular courses dealing with standard software and field-specific
programs.
In case of study-related or personal difficulties, the psychosocial counselling (“Psycho-Soziale
Beratung”) of the Kölner Studierendenwerk can be called upon. In addition to psychological
and social counselling, it also offers writing and learning counselling and support for pregnant
women and students with children.
As a further offer, there is Nightline Cologne, the listening and information telephone of
students for students. It is available to all students at Cologne universities and colleges.
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3 Module tables and descriptions
3.1 Core and Advanced Section
In accordance with Section 31(1), No. 1 of the Examination Regulations, students must accumulate 90 CPs in the Core and Advanced Section.
Group Module CP CC/EC Reqd.
CP
Economics and Methods Core Module Microeconomics (Economics) 9 CC 90
Core Module Macroeconomics (Economics) 9 CC
Core Module Statistics 6 CC
Core Module Mathematics 6 CC
Advanced Module Statistics 6 CC
Advanced Module Econometrics 6 CC
Advanced Module Quantitative Methods 6 CC
Advanced Module Institutions 6 CC
Advanced Module Microeconomics 9 CC
Advanced Module International and Monetary Economics 9 CC
Advanced Module Economic Policy 9 CC
Advanced Module Public Finance 9 CC
3.2 Supplementary Section
In accordance with Section 31(1), No. 2 of the Examination Regulations, students must accumulate 36 CPs in the supplementary section.
Group Module CP CC/EC Reqd.
CP
Business
Administration
Core Module Accounting1 12 CC
36
Core Module Cost Accounting2 6 CC
Core Module Financial Accounting2 6 CC
Core Module Fundamentals of Accounting 6 CC
Core Module Corporate Development 9 EC Core Module Finance 9 EC Core Module Marketing 9 EC
Core Module Supply Chain Management 9 EC
1 This module will be offered for the last time in the summer term 2020. 2 This module will be offered for the first time in the winter term 2020/2021. The module replaces half of the Core Module Accounting.
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3.3 Specialisation Section
In accordance with Section 31(1), No. 3 of the Examination Regulations, students must accumulate 30 CPs in the specialisation section.
Group Module CP CC/EC Reqd.
CP
Specialisation modules
Specialisation Module Energy, Climate Change and Sustainability 12 EC Min.12
24
Specialisation Module Energy Markets and Regulation (Bachelor) 12 EC
Specialisation Module Institutional Economics and Economic Policy Advice 12 EC
Specialisation Module Macroeconomics, Money and Financial Markets 12 EC
Specialisation Module Growth, Education and Inequality 12 EC
Specialisation Module Managerial Economics 12 EC
Specialisation Module Media Economics1 12 EC
Specialisation Module Media Economics (12 LP)² 12 EC
Specialisation Module Public Economics 12 EC
Specialisation Module Quantitative Methods in Economics and
Social Sciences 12 EC
Specialisation Module Behavioral Economics (Bachelor)1 12 EC
Specialisation Module Behavioral Economics (Bachelor) (12 LP)² 12 EC
Specialisation Module Accounting and Taxation I 12 EC Max. 12
Specialisation Module Strategy, Organization and Human Resources 12 EC
Specialisation Module Financial Management1 12 EC
Specialisation Module Financial Institutions1 12 EC
Specialisation Module Finance2 12 EC
Specialisation Module Marketing 12 EC
Specialisation Module Supply Chain Management 12 EC
Specialisation Module Economic Geography 12 EC
Specialisation Module Management of Co-Operative 12 EC
Specialisation Module Social Policy 12 EC
Specialisation Module Studies Abroad 12 EC
Specialisation Module Behavioral Management Science 12 EC
Seminar Bachelorseminar Economics 6 CC 6
1 This module will be offered for the last time in the academic year 2019/2020 in accordance with the planned
cycle. 2 This module will be offered for the first time in the academic year 2020/2021 according to the planned cycle.
Remarks: The specialisation module Media Economics as well as the specialisation module Behavioral Economics (Bachelor) will have a new examination form starting in the academic year 2020/21 (see corresponding module descriptions), so that new modules will be introduced with the addition "(12 LP)". These will replace the respective module without this addition from the academic year 2020/21 onwards.
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3.4 Studium Integrale
All of the Faculty’s bachelor programmes include an interdisciplinary component, known as the
Studium Integrale, in which students accumulate 12 credit points. The Studium Integrale is a
university-wide and interdisciplinary component of the courses of study in which academic and
professional competences are imparted. The Studium Integrale has both theoretical and
practical content, enabling students to focus on more academic aspects or topics related to
their future careers enhancing their employability. It aims to teach and develop skills that go
beyond subject-specific knowledge or that are related to basic academic and personal traits:
scientific curiosity, systematic and analytical thinking, and ability to deal with complexity, a
solution-minded outlook plus other abilities such as teamwork and foreign language skills.
The Studium Integrale courses are run jointly by the faculties and the University’s Professional
Centre. They enable students to pursue their own interests in more depth, gain an insight into
other subjects and departments, attend courses dealing with issues of relevance to society,
acquire skills relevant to their future careers and attend language classes. The “Universitas“
segment offers formats especially designed for the Studium Integrale, such as lecture series
on societal issues with related workshops. In addition, the Studium Integrale offers students
assistance with their learning and studying, helping them with such questions as how to write
an academic paper or how to conduct literature reviews. Periods of training abroad and work
experience can also be credited in the Studium Integrale. The Studium Integrale carries 12
credit points in total and formally counts as a module. There is no restriction on the number of
attempts possible for Studium Integrale examinations.
Any credit points attained in the Studium Integrale over and above the 12 credit points specified
in the study structure are shown on the transcript of records.
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3.5 Bachelor Thesis
The bachelor thesis carries 12 CPs and is written at the end of the programme. Its aim is to
illustrate that the candidate is capable of working and reflecting independently on a specific
problem related to the subject matter covered on the programme, using the necessary methods
and within a specified period. On the Economics programme, the topic of the bachelor thesis
must reflect economic methods learned during the programme. Group bachelor theses can
also be permitted if a clear distinction between and assessment of each candidate’s
contribution is possible. Objective criteria that make a clear distinction possible, such as
sections, page numbers or topics, are used to indicate which student made which contribution.
The total workload required for a group thesis must exceed that required for an individual
bachelor thesis to an appropriate extent. The difficulty and content of a group thesis must meet
the same requirements as for theses undertaken individually and independently. The
contribution made by each individual must meet the requirements for bachelor theses.
To be allowed to register for the bachelor thesis component, candidates must have acquired at
least 100 credit points. In line with the number of credit points it carries, the workload allotted
for the thesis is 360 hours, i.e. 12 weeks. Bachelor theses should not be more than 40 pages
long. Candidates who have earned all of the necessary credit points, except for the bachelor
thesis, must register within a period of one year to write their bachelor thesis. Further and more
detailed information concerning bachelor theses can be found in the examination regulations.
There is no central registration for the Bachelor thesis. The registration takes place after
agreement of the supervision at the individual chairs and/or institutes. The supervision process
differs between the supervisors. Information will be provided at the individual chairs or
institutes. You will find a central overview of the providers in the Economics area in KLIPS. It
is advisable to initiate support in the pre-semester. The Bachelor's seminar is neither a
prerequisite for the Bachelor's thesis nor is there any entitlement to supervision based on
participation in a specific Bachelor's seminar.
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3.6 Module Descriptions
3.6.1 Preparatory Module
Preparation Module Mathematics
Module code Workload 180
ECTS credits none, school‘s additional offer
Module language German
Module availability every term
Duration 1 term
1 Courses Preparation Course for Mathematics
Contact hours 60 h
Self-Studies 120 h
Course Language German
2 Learning Objectives
Students... ...repeat and apply the essential learning content of mathematics, which they have learned in school and is essential for the Bachelor programme. ...complement their school’s knowledge relating to topics that were not part of exams or the schedule and apply that knowledge.
3 Module Content
• formal/technical calculating/arithmetic
• vector and matrix algebra
• functions, sequences and marginal values
• differential calculus for functions of one variable
• integral calculus for functions of one variable
4 Teaching and learning methods lecture with integrated exercise
5 Module entry requirements No recommendations
6 Mode of end-of-module examination none
7 Prerequisites for awarding of credit points no awarding of ECTS credits, school’s additional offer
8 Other programmes that use the module Bachelor of Science Business Administration:
Core and Advanced Section Bachelor of Science Economics:
Core and Advanced Section
Bachelor of Science Economics and Social Sciences:
Core and Advanced Section Bachelor of Science Social Sciences:
Core and Advanced Section
9 Module Manager
Dr. Christoph Scheicher
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10 Miscellaneous • The participation in the preparation course is optional and is recommended to students who chose basic course in Mathematics in school or did not gain good results in the advanced course.
• The preparation course normally takes place as block course in the month before the lecture starts
• An application is not required.
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3.6.2 Core and Advanced Section
Core Module Microeconomics
Module code 1289BMMi00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Fundamentals of Microeconomics
Contact
hours 75h
Self-
Studies 195h
Course Language German
2 Module content This course gives an introduction to the mentality, methods and issues prevalent in
microeconomics. It focuses specifically on the allocation of scarce resources on markets
and the economic behaviour of specific economic actors, primarily individuals and
households as well as businesses. The main areas covered are: • Fundamentals of supply and demand
• Consumer behaviour
• Individual demand and market demand
• Production
• Cost of production
• Profit maximisation and competitive supply
• Analysis of competitive markets
• Analysis of monopoly markets
• Fundamentals of welfare economics
• Introduction to Game Theory
• Introduction to Behavioral Economics
3 Learning objectives Students... ... describe the fundamental terms and concepts used in microeconomics. ... describe the market form of perfect competition in terms of the supply of goods and
price formation. ... describe the basic principles of price formation in monopolies and oligopolies. ... use formal analysis tools to describe price formation in fundamental forms of market. ... use models to identify the effects of political instruments.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Mathematics: Economics
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Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Mathematics: Economics
9 Module manager Univ.-Prof. Dr. Oliver Gürtler
10 Miscellaneous
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Core Module Macroeconomics
Module code 1302BMMa00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Fundamentals of Macroeconomics
Contact
hours 90h
Self-
Studies 180h
Course Language German
2 Module content • Neoclassical and Keynesian theory
• Growth, inflation, unemployment, economic policy
3 Learning objectives Students... ... explain basic characteristics of neoclassical and Keynesian theory and apply the
methods that underlie them. ... describe macroeconomic allocation and define its determinants. ... discuss the government’s role.
... relate their newly acquired knowledge to current economic issues.
... develop the skills necessary in any job requiring a basic understanding of
macroeconomic contexts.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Mathematics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Mathematics: Economics Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Mathematics: Economics
9 Module manager Univ.-Prof. Dr. Martin Barbie Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Core Module Statistics
Module code 1314BMSt00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Descriptive and Economic Statistics
Contact
hours 75h
Self-
Studies 105h
Course Language German
2 Module content • Characteristics and data
• Evaluation of one-dimensional data
• Concentration and disparity measurement
• Index numbers
• Evaluation of multidimensional data
• Multiple linear regression
• Time series analysis
3 Learning objectives Students... ... apply the fundamental methods used in descriptive and economic statistics. ... present data in a table or graph. ... group and describe one-dimensional and multi-dimensional data using appropriate
statistics. ... assess and interpret the most important statistics. ... evaluate data using a computer. ... interpret statistics and communicate their meaning both in their professional and
personal environment.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Administration: Core and Advanced Section
9 Module manager Prof. Dr. Rainer Dyckerhoff Dr. Bastian Gribisch
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10 Miscellaneous Lecture with weekly exercises. Compulsory reading: Mosler, Schmid: Beschreibende
Statistik und Wirtschaftsstatistik.
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Core Module Mathematics
Module code 1314BMMa00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Mathematical Methods
Contact
hours 34h
Self-
Studies 146h
Course Language German
2 Module content The following contents will be covered in e-lectures and e-homework with subsequent
classroom exercises based on the methods of the inverted classroom: • Repetition of relevant school knowledge
• Basics of linear algebra
• Fundamentals of financial mathematics
• Functions in several variables
• Differential calculus for functions of several variables and use thereof in economics
• Constrained and unconstrained optimisation for functions of several variables
• Integral calculus for functions of one or more variables and their application in statistics
• Combinatorics
3 Learning objectives Students... ... reflect basic techniques used in mathematical economic analysis. ... apply these mathematical methods and interpret the results. ... decide which of the mathematical methods they have learned is suitable for specific
economic issues.
4 Teaching and learning methods practice lecture
5 Module entry requirements No recommendations; students whose knowledge of school-level mathematics is relatively
poor are recommended to attend the optional preparatory course in mathematical
methods.
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Social Sciences: Core and Advanced Section
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9 Module manager Dr. Christoph Scheicher
10 Miscellaneous At the beginning and at the end of the lecture period there is a classroom lecture. The
remaining lectures take place electronically. Before participating in the individual
classroom hours, the respective e-lecture and the respective e- homework must be
completed in self-study. It is not useful to attend the attendance exercise without prior self-
study! Compulsory reading: Mosler, Dyckerhoff, Scheicher, Mathematische Methoden für
Ökonomen.
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Advanced Module Statistics
Module code 1314AMSt00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Probability Calculus and Deductive
Statistics
Contact
hours 75h
Self-
Studies 105h
Course Language German
2 Module content • Random processes and probabilities
• Random variables and distributions
• Joint distribution and limit theorems
• Samples and sample functions
• Parameter estimation techniques
• Hypothesis tests
• Multiple linear regression
3 Learning objectives Students... ... apply the fundamental methods used in probability calculation and statistical inference. ... model risks using random variables and special probability distributions. ... calculate probabilities and interpret statements concerning probabilities. ... justify the statistical method chosen. ... conduct and evaluate statistical analyses using a computer. ... interpret and communicate the results of statistical analyses meaning both in their
professional and personal environment.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Statistics, Core Module Mathematics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Information Systems: Core and Advanced Section
9 Module manager Prof. Dr. Rainer Dyckerhoff Dr. Bastian Gribisch
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10 Miscellaneous Compulsory reading: Mosler, Schmid: Wahrscheinlichkeitsrechnung und schließende
Statistik.
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Advanced Module Econometrics
Module code 1314AM0e00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses Applied Econometrics (Winter Term)
Contact
hours 60h
Self-
Studies 120h
Course Language German
2 Module content • Estimation and testing of hypotheses in multiple regression models
• Model selection and prediction
• Estimation of instrumented variables
3 Learning objectives Students... ... analyse economic data using econometric methods. ... specify, estimate and test econometric models. ... use econometric software.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Mathematics, Core und Advanced Module Statistics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Mathematics: Business and Economics Sciences Mathematics Economics Bachelor of Science Economics: Core and Advanced Section Bachelor of Science Business Administration: Supplementary Section Bachelor of Science Health Economics: Supplementary Section Bachelor of Science Business Mathematics: Business and Economics Sciences Bachelor Business Mathematics Economics
9 Module manager Univ.-Prof. Dr. Jörg Breitung
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Advanced Module Quantitative Methods
Module code 1289AMEr00
Workload 180h
ECTS
credits 6
Module
Language German
and
English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Mathematics II (Winter Term) b) Applied Computational Econometrics
(Winter Term)
Contact
hours a) 60h b) 60h
Self-
Studies a) 120h b) 120h
Course Language a) German b) English
2 Module content Mathematics II: • Formal analytic thinking and writing. Demonstration and demonstration methods.
• Set theory und algebraic structures.
• Topology and functional analysis.
• Optimisation, particularly the Kuhn-Tucker method.
• Fixed-point theorems and economic applications (equilibrium existence theorems).
Applied Computational Econometrics: • Basics of "Scientific Computing"
• Empirical research from different fields of economics
• Forecasting models from microeconomics and macroeconomics
• Analysis and evaluation of forecasting models
• Usage of statistical and econometric software
3 Learning objectives Students... ... acquire additional methodical knowledge and prepare for further study in various areas
of economics.
"Applied Computational Econometrics": ... develop forecasting models for time series and cross-sectional data. ... forecast economic data and formulate the uncertainty associated with these forecasts. ... interpret regression diagnostics and regression results. ... use the computer to independently implement forecasting models.
"Mathematics II": ... develop more advanced mathematical knowledge. ... think analytically and provide precisely reasoned arguments. ... use mathematical methods required for economic analyses.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core module Mathematics, Core module Statistics, Advanced module
Statistics, Core module Econometrics
6 Mode of end-of-module examination Written test: WT (60)
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7 Prerequisites for awarding of credit points Passing the written test of either course a) or b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Economics: Core and Advanced Section
9 Module manager Univ.-Prof. Dr. Johannes Pfeifer Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous Additional information is provided in the online systems on time. If you are willing to finish
the module in German, please choose "Mathematics II".
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Advanced Module Institutions
Module code 1289AMIn00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses a) Law for Economists (Winter Term) b) Economic History (Summer term)
Contact
hours a) 60h b) 30h
Self-
Studies a) 120h b) 150h
Course Language a) German b) German
2 Module content Law for economists: • Public and administrative law, European law
• Law on governmental organisation
• Economically relevant basic rights and freedoms
• Constitutional procedural law
• Administrative procedural law
Economic history: • Introduction to economic history from the 6th century to present
• Explanation of growth and stagnation using elementary economic theories
• Topics covered: Genesis of growth, Specialisation, Mechanisms of population growth,
Technological progress, Institutions, Money and debit, International trade and inequality
3 Learning objectives Students... ... analyze institutions from a historical or judicial perspective ... elucidate the interaction of economic problems, their solution and their embedment in
the sociopolitical background of past and presence ... analyze questions of responsibilities within governmental structures. (Law for
economists) ... match practical issues in public and administrative law to the relevant legal norms. (Law
for economists) ... outline basic features of the law on governmental organisation, economically relevant
basic rights, constitutional procedural law and administrative and administrative procedural
law. (Law for Economists) ... weigh public goods and requirements up against each other. (Law for Economists) ... discuss practical issues in the relationship between citizens/business and authorities.
(Law for Economists) ... understand the interaction between the development of historical institutions and the
creation and diffusion of knowledge-based technologies (Economic History) ... gain a basic understanding for the reasons of growth, stagnation and convergence in
the European economic history (Economic History) ... discuss cause and effect relations based on insights and data derived from economic
history (Economic History).
4 Teaching and learning methods practice lecture
5 Module entry requirements none
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6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test of either course a) or b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Science Economics: Core and Advanced Section
9 Module manager Univ.-Prof. Dr. Erik Hornung
10 Miscellaneous In the course "Law for Economists" there is no exercise. For this reason, the share of self-
study is higher in this course.
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Advanced Module Microeconomics
Module code 1979AMMi00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses Microeconomics II
Contact
hours 90h
Self-
Studies 180h
Course Language German
2 Module content Introduction to game theory and its applications in industrial economics.
3 Learning objectives Students... ... are aware of economically relevant issues and problems in strategic interactions. ... analyse economic problems (using methods and theories) with the help of game theory
and with a particular focus on issues related to industrial economics. ... solve formal tasks concerning economic problems with strategic interactions. ... apply game theory concepts to social and economic contexts.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Arts Media Science: Media Management and Economics Bachelor of Arts Regional Studies Latin America - Economics: Economics Regional Studies Latin America, East and Middle Europe Bachelor of Science Psychology: Interdisciplinary Integration Bachelor of Science Economics: Core and Advanced Section Bachelor of Arts Regional Studies China - Economics: Economics Regional Studies China Bachelor of Arts Regional Studies Eastern and Central Europe - Economics: Economics Regional Studies Latin America, East and Middle Europe
9 Module manager Univ.-Prof. Dr. Axel Ockenfels
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Advanced Module International and Monetary Economics
Module code 1302AMIn00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses a) International Economics (AM) b) Monetary Theory and Monetary Policy
Contact
hours a) 45h b) 45h
Self-
Studies a) 90h b) 90h
Course Language a) German b) German
2 Module content International Economics: • Basic and advanced theory of foreign trade: basics and extensions
• International trade policy
Monetary Theory and Monetary Policy: • Functions of money
• Money supply and central bank operations
• Empirical evidence concerning the links between prices, interest rates and money
supply • Demand for money
• Financial intermediation and central bank reserves
• Monetary policy in open economies and exchange rate policy
• Foreign debt and currency crises
• The European Monetary Unions
3 Learning objectives Students... ...acquire the necessary skills to work in areas with an international and/or monetary focus
(multilateral organizations, governmental departments and other government bodies,
multinational firms, banks and other financial service providers, research institutions,
associations and interest groups, media). …qualify for further studies of international and monetary economics.
International Economics (AM): ... Students…
...describe empirical regularities in international trade, …explain what they observe using selected theories of foreign trade,
… examine the role of multinational firms,
… study the use and the impact of foreign trade policy instruments (e.g. tariffs) and derive
recommendations for foreign trade policy based on their knowledge,
Monetary Theory and Policy: Students…
...describe empirical regularities, linking macroeconomic factors and monetary policy
measures, …explain what they observe using macroeconomic theories,
…derive recommendations for monetary policy on that basis.
In both parts of the module, students scrutinize the way in which the methods selected
restrict the analytical process.
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4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Macroeconomics, Core
Module Mathematics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Students have to pass the written test. Both courses are mandatory and the written test is
based on the content of both courses.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Arts Regional Studies Latin America - Economics: Economics Regional Studies Latin America, East and Middle Europe Bachelor of Science Economics: Core and Advanced Section Bachelor of Arts Regional Studies China - Economics: Economics Regional Studies China Bachelor of Arts Regional Studies Eastern and Central Europe - Economics: Economics Regional Studies Latin America, East and Middle Europe
9 Module manager Univ.-Prof. Dr. Susanne Prantl Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous None
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Advanced Module Economic Policy
Module code 1302AMMa00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses a) Economic Policy I - General Economic
Policy b) Economic Policy II - Labor Market and
Economic Policy
Contact
hours a) 45h b) 45h
Self-
Studies a) 135h b) 135h
Course Language a) German and
English b) German and
English
2 Module content Economic policy I: • Economic Policy and freedom of value judgements
• Political decision-making processes
• Economic systems in comparison
• Perfect market, market failure (business cycle stabilisation policy)
• Policy interventions
• Foreign trade theory and European economic policy
• Current issues
Economic policy II: • Selected topics on stabilisation and structural policy in product, labour and financial
markets • Economic fluctuations and economic crises
• Monetary and fiscal policy
• Public debt
• Labour market policies
• Causes and economic effects of migration and immigration, interaction with social
security systems
3 Learning objectives Students... ... explain the fundamentals of general economic policy. ... assess the role of the government and under what conditions government intervention
can be helpful (normative analysis). ... explain why certain government interventions occur and how reforms are necessary in
specific areas of the economy (positive analysis). ... discuss and assess selected economic policy measures concerning
regulation/deregulation of markets in countries within the European Union.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Macroeconomics, Core
Module Mathematics
6 Mode of end-of-module examination Written test: WT (90)
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7 Prerequisites for awarding of credit points Passing the written test. Students must take both courses. The written test is based on the
content of both courses.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Arts Regional Studies Latin America - Economics: Economics Regional Studies Latin America, East and Middle Europe Bachelor of Science Economics: Core and Advanced Section Bachelor of Arts Regional Studies China - Economics: Economics Regional Studies China Bachelor of Arts Regional Studies Eastern and Central Europe - Economics: Economics Regional Studies Latin America, East and Middle Europe
9 Module manager Univ.-Prof. Michael Krause, Ph.D.
10 Miscellaneous
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Advanced Module Public Finance
Module code 1259AMFi00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Introduction to Public Finance
Contact
hours 90h
Self-
Studies 180h
Course Language German
2 Module content • Effects of taxation
• Optimal taxation
• Distribution policy
• Externalities and public goods
• Public debt
• Tax competition
• Fiscal federalism
3 Learning objectives Students... ... assess current fiscal debates from a scientific perspective. ... acquire knowledge on trends in fiscal research, (i) in relation to the relevant basic
research, (ii) in relation to specific issues in the German and European contexts. ... use the basic concepts of allocation and welfare theory: market failure, public goods,
externalities. ... gain an understanding of the conflict between efficiency and distribution goals. ... depict the links between theoretical models and empirical research. ... illustrate the links between normative economics and the political economy. ... scrutinize how behavioural economics impacts on public economics
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core and Advanced Module Microeconomics, Core and Advanced
Module Macroeconomics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Core and Advanced Section Bachelor of Arts Regional Studies Latin America - Economics: Economics Regional Studies Latin America, East and Middle Europe Bachelor of Science Economics: Core and Advanced Section Bachelor of Arts Regional Studies China - Economics: Economics Regional Studies China
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Bachelor of Arts Regional Studies Eastern and Central Europe - Economics: Economics Regional Studies Latin America, East and Middle Europe
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous further module manager: Univ.-Prof. Dr. Matthias Messner.
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3.6.3 Supplementary Section
Core Module Accounting
Module code 1016Acco00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses a) Cost Accounting b) Financial Accounting
Contact
hours a) 45h b) 45h
Self-
Studies a) 135h b) 135h
Course Language a) German b) German
2 Module content Financial Accounting: • Structure and content of a balance sheet
• Structure and content of a profit and loss statement
• Annexes and management report
• National and international accounting standards
• Valuation in annual financial statements
• Special aspects of accounting and valuation
Cost Accounting: • Basic concepts and systems used in cost accounting
• Cost types and recognition thereof
• Cost centre accounting
• Cost unit accounting
• Performance analysis
• Cost unit period accounting
• Budget costs‐ and planned activity-calculation
3 Learning objectives Students... ... know fundamental methodological competence in company accounting. ... acquire knowledge enabling them to understand external and internal accounting. ... solve new problems and cases, using the subject-related and methodological
competence taught in the module.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Fundamentals of Accounting
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test. Both courses have to be chosen, the exam is based on both
courses.
8 Other programmes that use the module Bachelor of Science Economics:
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Supplementary Section Bachelor of Science Business Administration: Core and Advanced Section
9 Module manager Univ.-Prof. Dr. Carsten Homburg Univ.-Prof. Dr. Christoph Kuhner Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
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Core Module Cost Accounting
Module code 1016BMKL01
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Cost Accounting
Contact
hours 45h
Self-
Studies 135h
Course Language German
2 Module content • Basic concepts and systems used in cost accounting
• Cost types and recognition thereof
• Cost centre accounting
• Cost unit accounting
• Performance analysis
• Period cost accounting
• Budget costs‐ and planned activity-calculation
3 Learning objectives Students... ... know fundamental methodological competence in company accounting. ... acquire knowledge enabling them to understand external and internal accounting. ... solve new problems and cases, using the subject-related and methodological
competence taught in the module.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Fundamentals of Accounting
6 Mode of end-of-module examination Written test: WT (45)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Economics: Supplementary Section
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous
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Core Module Financial Accounting
Module code 1016BMBE01
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Financial Accounting
Contact
hours 45h
Self-
Studies 135h
Course Language German
2 Module content • Accounting theories and concepts of profit
• Structure and positions of the balance sheet
• Structure and positions of the profit and loss statement
• Notes and management report
• National and international accounting standards
• Recognition and Measurement in annual financial statements
• Special issues of accounting and measurement
3 Learning objectives Students... ... gain fundamental methodological competence in financial accounting. ... acquire knowledge enabling them to understand financial reports. ... solve new problems and cases, using the subject-related and methodological
competence taught in the module.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Fundamentals of Accounting
6 Mode of end-of-module examination Written test: WT (45)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Economics: Supplementary Section
9 Module manager Univ.-Prof. Dr. Christoph Kuhner Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
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Core Module Fundamentals of Accounting
Module code 1016BMTR00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Fundamentals of Accounting
Contact
hours 45h
Self-
Studies 135h
Course Language German
2 Module content • Distinction between external and internal accounting
• Balance sheets and balance sheet changes
• Double-entry bookkeeping
• Structure of bookkeeping and financial accounting
• Organisational structure of bookkeeping
• Legislation relating to bookkeeping
• Complete bookkeeping system from the opening to the closing balance sheet, overview
of general ledgers • More in-depth look at booking trade in goods, taxes, payroll entries, write-downs,
accruals/deferrals, provisions, securities and foreign exchange
3 Learning objectives Students... ... know basic principles in accounting. ... acquire knowledge with which they can understand bookkeeping. ... understand legal aspects of accounting in Germany. ... assign items to external or internal accounting. ... recognise the point of balance sheets, which provides them with an essential basis for
further accounting courses. ... apply the double-entry bookkeeping technique to new business transactions.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Science Economics: Supplementary Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Health Economics: Supplementary Section
9 Module manager Dr. Stefanie Liesenfeld
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Core Module Corporate Development
Module code 1253BMCD01
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Corporate Development
Contact
hours 45h
Self-
Studies 225h
Course Language German
2 Module content • Fundamentals of business management
• Strategic and responsible business management
• HR selection and development decisions
• Incentive schemes
• Establishment and development of organisational structures
• Theories related to strategic HR decisions and organisational structures
3 Learning objectives Students... ... understand strategic business management and the consequences it has in terms of
organisation design and HR management. ... recognise what business management entails, its objectives and the processes used. ... analyse various forms of corporate governance in terms of the rights and duties of
shareholders, management and employees. ... formulate implications of company-wide strategies and departmental strategies. ... apply strategy formulation tools to selected business case studies. ... shape in a responsible and systematic manner the conditions and structures for HR
selection and development decisions. ... critically analyse the way in which incentive schemes work. ... assess the establishment and development of organisational structures. ... identify various dimensions of organisation design (division of labour, coordination,
management organisation, division of decision-making powers, process organisation) and
apply them. ... critically discuss the conditions under which key organisational forms can be used.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Arts Media Science: Media Management and Economics Bachelor of Arts Lehramt: Core Section Bachelor of Science Psychology:
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Interdisciplinary Integration Bachelor of Science Economics: Supplementary Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Health Economics: Supplementary Section Bachelor of Arts Regional Studies China - Business Administration: Business Administration Regional Studies China Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Bernd Irlenbusch Univ.-Prof. Dr. Dirk Sliwka
10 Miscellaneous
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Core Module Finance
Module code 1259BMFi01
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Finance
Contact
hours 60h
Self-
Studies 210h
Course Language German
2 Module content a) Fundamentals of capital budgeting • Fundamental questions related to terminology and decision theory
• Capital budgeting under certainty
• Prospects of capital budgeting under uncertainty
b) Fundamentals of financing • Internal financing
• External financing
3 Learning objectives Students... ... know fundamental capital-market hypotheses and modelling theories (e.g. Fisher
separation, Markowitz diversification, Tobin separation, equilibrium and no-arbitrage
hypotheses). ... calculate the capital required for investment projects. ... assess investment decisions using different capital budgeting methods, drawing a
distinction between approaches using performance indicators and those using monetary
values. ... validate and discuss selected forms of financing. ... examine fundamental valuation issues, focusing on equity and bond financing. ... consider opportunities and risks of investment projects, using different capital budgeting
methods, to justify key financial decisions. ... discuss the knowledge and methods learned in class by working independently on
application-based exercises and case studies.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Arts Lehramt: Core Section Bachelor of Science Psychology: Interdisciplinary Integration Bachelor of Science Economics: Supplementary Section
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Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Health Economics: Supplementary Section Bachelor of Arts Regional Studies China - Business Administration: Business Administration Regional Studies China Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz
Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Core Module Marketing
Module code 1266BMMa00
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Introduction to Marketing
Contact
hours 60h
Self-
Studies 210h
Course Language German
2 Module content The module covers concepts and methods with which to analyse key marketing tasks and
develop sound recommendations on how to manage them. To this end, it looks at how
consumers respond to marketing activities and why (consumer behaviour), how
information about markets and market partners can be generated to provide important
background data for decision-making (market research), how to strategically develop
markets (marketing strategy) and how marketing tools (brand/product policy, pricing policy,
communication policy, distribution policy) can be used.
3 Learning objectives Students... ... recognise the importance of marketing plays for a business. ... describe marketing analyses in relation to the marketing environment, customer
behaviour and market research and apply them in an exemplary manner. ... describe planning methods both for strategic and operational marketing and apply them
in an exemplary manner. ... assess the advantages of different marketing strategies and activities. ... classify the marketing mix instruments and explain theoretical concepts and methods
that help in making optimal marketing decisions.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Arts Lehramt: Core Section Bachelor of Science Psychology: Interdisciplinary Integration Bachelor of Science Economics: Supplementary Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Health Economics: Supplementary Section Bachelor of Arts Regional Studies China - Business Administration:
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Business Administration Regional Studies China Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Werner Reinartz Univ.-Prof. Dr. Franziska Völckner
10 Miscellaneous
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Core module Supply Chain Management
Module code 1271BMSC01
Workload 270h
ECTS
credits 9
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Supply Chain Management
Contact
hours 45h
Self-
Studies 225h
Course Language German
2 Module content • Fundamental production and logistics issues
• Demand forecasting
• Production system infrastructure (e.g. location planning, process design)
• Logistics processes (incl. inventory management)
• Linear programming
• Production planning
• Production management systems (push, pull, lean management)
• Supply chain management
3 Learning objectives Students... ... understand the basic principles of production and service process management. ... develop and solve analytical models, taking into account any interdependencies
between decisions. ... quantify and model key interdependencies for the purposes of optimisation calculations. ... apply the methods presented to practical exercises. ... know case examples for applying modern methods of Supply Chain Management.
4 Teaching and learning methods practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Bachelor of Arts Lehramt: Core Section Bachelor of Science Psychology: Interdisciplinary Integration Bachelor of Science Economics: Supplementary Section Bachelor of Science Business Administration: Core and Advanced Section Bachelor of Science Health Economics: Supplementary Section Bachelor of Arts Regional Studies China - Business Administration: Business Administration Regional Studies China
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Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Horst Tempelmeier Univ.-Prof. Dr. Ulrich W. Thonemann
10 Miscellaneous
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3.6.4 Specialisation Section
Specialisation module Energy, Climate Change and Sustainability
Module code 1289SMEC00
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Introduction in Energy, Climate Change
and Sustainability b) Seminar in Energy, Climate Change
and Sustainability
Contact
hours a) 60h b) 30h
Self-
Studies a) 120h b) 150h
Course Language a) English b) English
2 Module content • Economic and technical fundamentals of the energy sector
• Energy budgets
• Energy demand
• Economics of climate change
• Sustainability (incl. corporate social responsibility)
• Resource economics
• Environmental economics
3 Learning objectives Students... ... acquire the skills necessary for work in the media, parties, research institutes, banks
and other institutions where a good understanding of energy economics, economics of
climate change and sustainability is useful. ... prepare for more advanced research in these areas. ... conduct independent conceptual work in energy economics, economics of climate
change and sustainability. ... develop a knowledge of empirical facts and institutional parameters related to the
subject matter dealt with and can assess them critically to determine their relevance. ... examine the theoretical, empirical and applied literature on said subject matter. ... discuss and assess the subject matter dealt with, using the economic knowledge they
have gained on the programme. ... work independently on a project in the seminar, analysing current scientific and applied
issues using the economic knowledge they have gained on the programme. ... summarise their findings in a written paper; present the findings in a seminar and
discuss them with the other seminar participants.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements none
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6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the combined exam for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous The examination components contribute equally to the end-of-module mark.
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Specialisation module Energy Markets and Regulation (Bachelor)
Module code 1289SMER01
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Introduction to Energy Markets and
Regulation b) Seminar in Energy Markets and
Regulation
Contact
hours a) 30h b) 60h
Self-
Studies a) 150h b) 120h
Course Language a) English b) English
2 Module content • Electricity market (technological and institutional aspects)
• Short-term equilibria (merit order model)
• CO2 pricing and interaction with the electricity market
• Long-term equilibria in the electricity market and market design
• Electricity grids (Nodal prices, Natural monopoly, Regulation)
3 Learning objectives Students... ... define the technical and institutional specifics of the electricity market. ... outline the function and functioning of CO2 pricing, especially of European CO2
certificate trading. ... apply standard microeconomic knowledge to understand the relationship between the
CO2 market and the electricity market. ... explain the technical characteristics of electricity grids and their economic implications. ... apply their knowledge to concrete case studies from the electricity market and discuss
them in plenary sessions.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the combined exam for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
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9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous The examination components contribute equally to the end-of-module mark.
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Specialisation Module Institutional Economics and Economic Policy Consulting
Module code 1289SMIP00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every term
Duration 2 Terms
1 Courses a) Theory of Economic Policy (Winter
Term) b) New Political Economy (Summer Term) c) Economic Basics of Health Economics
(Summer Term) d) Seminar Current Topics in Economic
Policy (Winter Term)
Contact
hours a) 30h b) 60h c) 45h d) 60h
Self-
Studies a) 150h b) 120h c) 135h d) 120h
Course Language a) German b) German c) German d) German
2 Module content The module focuses on identifying economic factors in complex, real-life problems,
analysing them using economic methods and deriving reform possibilities based on a
problem-solving approach.
The main topics covered are: • Elements of scientific theory
• Role of normative posits in economic policy advice and combination thereof with
scientifically validated, intersubjectively verifiable economic policy • Identification and analysis of real-life economic policy problems
• Economic policy theory and how it is used in problem-oriented analysis of real-life
economic policy issues • Combination of economic analysis and theoretical models with institutional knowledge
• Interdependencies between the economic system and political, cultural and legal
aspects of social order • Economic analysis of politics and bureaucracy
• Study of topics and methods that support economists in their role as policy advisors
3 Learning objectives Students... ... work in a systematic and problem-oriented manner. ... develop lines of reasoning that are intersubjectively verifiable and therefore accessible
to discourse. ... develop criteria and analytical tools for scientifically validated policy advice. ... apply the concepts to specific economic policy issues. ... work in a problem-oriented, systematic manner. ... analyse interdependencies in areas of relevance to economic policy. ... evaluate current political events. ... engage in academic discourse.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Macroeconomics, Core
Module Mathematics, Advanced Module Economic Policy
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6 Mode of end-of-module examination Combined examination: OE, PO
7 Prerequisites for awarding of credit points Passing the module exam which consists of a portfolio exam (written tests) and an oral
exam. The written examination elements are taken to two different courses, which can be
chosen from the offered courses of the module. After attending the two courses, an oral
examination is taken, which relates to the contents of the two selected courses. The
module will be taken for either one or two semesters. In the winter semester, the module
can only be completed within one semester if a seminar place is available. The conditions
for passing and repeating individual parts of the examination will be announced in KLIPS
2.0 right before the start of the registration phase on the respective examination date.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager IWP - Institut für Wirtschaftspolitik
Dr. Steffen J. Roth
10 Miscellaneous
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Specialisiation Module Macroeconomics, Money and Financial Markets
Module code 1302SMMM00
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Seminar Macroeconomics, Money and
Financial Markets b) Topics in Macroeconomics, Money and
Financial Markets
Contact
hours a) 45h b) 30h
Self-
Studies a) 135h b) 150h
Course Language a) English b) English
2 Module content This module covers topics in the fields of macroeconomics, monetary economics and
financial markets, particularly those related to recent macroeconomic trends or of major
relevance in current economic policy debate. The main topics covered will be part of the topics financial market frictions, financial
intermediation, asset pricing, central bank operations, yield curves, public debt and
financial market regulation, each seen from the macroeconomic perspective. Examples of
relevant current issues (which will mainly be discussed in the seminars) are the
background to the latest financial crisis, conventional and unconventional responses in
terms of monetary and fiscal policy, organisation and implementation of macroprudential
regulation and coordination of fiscal policy in the euro region.
3 Learning objectives Students... ... acquire the skills necessary for work in financial service companies, authorities,
international organisations, research institutes, trade unions, employer associations,
media, parties and other institutions where a good understanding of the subject matter
discussed in the “topics” is useful.
... prepare themselves for more advanced research in these areas.
... conduct independent conceptual work in macroeconomics, monetary economics and
financial markets in the seminar. ... develop a knowledge of empirical facts and institutional parameters related to the
subject matter dealt with in the “topics” and can assess them critically to determine their
relevance. ... discuss and assess the subject matter dealt with in the “topics”, using the
macroeconomic knowledge they have gained on the programme. ... independently analyse current scientific and applied issues in the seminar, using the
macroeconomic and financial knowledge they have gained on the programme. ... examine critically the scientific and applied literature on the topics, summarise their
findings in a written paper, present the findings and discuss them with the other seminar
participants. ... engage in academic discourse.
4 Teaching and learning methods seminar practice lecture
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5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Macroeconomics, Core
Module Mathematics, Advanced Module International and monetary economics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the written test for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
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Specialisation Module Growth, Education and Inequality
Module code 1302SMAP00
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Seminar in Growth, Education,
Inequality b) Topics in Growth, Education and
Inequality
Contact
hours a) 45h b) 30h
Self-
Studies a) 135h b) 150h
Course Language a) English b) English
2 Module content This module covers topics in the fields of applied macroeconomics and macroeconomic
policy, particularly those related to recent macroeconomic trends or of major relevance in
economic policy advice.
3 Learning objectives Students... ... develop the skills necessary for work in international organisations, government
ministries, research institutes, trade unions, employer associations, media, parties and
other institutions where a good understanding of the subjects growth, education and
inequality discussed in the “topics” is useful.
... prepare for more advanced research in these areas.
... conduct independent conceptual work in applied macroeconomics and macroeconomic
policy. ... develop a knowledge of empirical facts and institutional parameters related to the
subject matter dealt with in the “topics” and can assess them critically to determine their
relevance. ... examine the theoretical, empirical and applied literature on said subject matter. ... discuss and assess the subject growth, education and inequality dealt with in the
“topics”, using the macroeconomic knowledge they have gained on the programme.
... independently analyse current scientific and applied issues in the seminar, using the
macroeconomic knowledge they have gained on the programme. ... examine critically the scientific and applied literature on the topics, summarise their
findings in a written paper, present the findings and discuss them with the other seminar
participants.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics, Core Module Macroeconomics, Core
Module Mathematics, Advanced Module Economic Policy
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
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7 Prerequisites for awarding of credit points 1.) Passing the written test for course a). 2.) Passing the written test for course b). The
written test is based on the content of the course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation Module Managerial Economics
Module code 1289SMME00
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Managerial Economics (Winter Term) b) Competition Policy (Bachelor, Summer
Term) c) Economics, Strategy and Management
(Winter Term)
Contact
hours a) 30h b) 30h c) 30h
Self-
Studies a) 150h b) 150h c) 150h
Course Language a) English b) German c) English
2 Module content • Analysis of monopolistic and oligopolistic behaviour
• Pricing policy
• Market institutions
• Microeconomic and game-theory concepts
• Current research in economic theory and management
3 Learning objectives Students... ... explore optimum pricing policies for different market scenarios. ... examine the incentive effects of market frictions on economic agents. ... assess the strategic incentives offered by different market institutions. ... apply formal methods to solve problems. ... model strategic decision situations and develop solutions based on microeconomic and
game-theory concepts. ... apply the theoretical and formal knowledge they have gained to specific problems facing
companies and markets. ... discuss current research in economic theory and management. ... present and discuss scientific papers. ... engage in academic discourse.
4 Teaching and learning methods seminar lecture
5 Module entry requirements Recommended: Basic knowledge in microeconomics and mathematics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the combined exam for course b) or
c) The combined exam is based on the content of one of these courses.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics:
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Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Oliver Gürtler
10 Miscellaneous The module can be completed in one or in two terms depending on the courses chosen.
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Specialisation Module Media Economics
Module code 1289SMMe01
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Media Systems (Summer Term) b) Seminar Media Markets (Summer
Term)
Contact
hours a) 30h b) 60h
Self-
Studies a) 150h b) 120h
Course Language a) German b) German
2 Module content • Special features of media markets
• Market failure and government failure on media markets
• Industrial economics of media markets
• External effects on media markets
• Politico-economic aspects of media markets
• Current trends on media markets
3 Learning objectives Students... ... apply microeconomic models to media markets. ... identify possible forms of market failure and government failure on media markets. ... understand implications for diversity of opinion in society. ... examine the influence of market frictions on behaviour and market outcome. ... apply the theoretical knowledge they have gained to problems and developments on
media markets. ... develop their own standpoint on media issues.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a). 2.) Passing the combined exam for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
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9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
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Specialization Module Media Economics (12 LP)
Module code 1289MeOe12
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses Media Systems
Contact
hours 90h
Self-
Studies 270h
Course Language German
2 Module content • Special features of media markets
• Market failure and government failure on media markets
• Industrial economics of media markets
• External effects on media markets
• Politico-economic aspects of media markets
• Current trends on media markets
3 Learning objectives Students... ... apply microeconomic models to media markets. ... identify possible forms of market failure and government failure on media markets. ... understand implications for diversity of opinion in society. ... examine the influence of market frictions on behaviour and market outcome. ... apply the theoretical knowledge they have gained to problems and developments on
media markets. ... develop their own standpoint on media issues.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics
6 Mode of end-of-module examination Combined examination: PRES, PO
7 Prerequisites for awarding of credit points Passing the examination.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
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9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous The difference to the specialisation module Media Economics, which will be offered for the
last time in the academic year 2019/20, is the examination form.
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Specialisation Module Public Economics
Module code 1302SMPE00
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Topics in Public Economics b) Seminar in Public Economics
Contact
hours a) 30h b) 45h
Self-
Studies a) 150h b) 135h
Course Language a) English b) English
2 Module content In the course 'Topics in Public Economics' social welfare measures will be introduced and
their application in the assessment of redistributive tax policies will be discussed. Then the
effects of income taxes on employee behaviour and income distribution are examined.
Against the background of the conflict between efficiency and equity, the optimal design of
the income tax rate is examined on the basis of simple formal models. In addition, the
effects of state social insurances (using the example of unemployment insurance) on
consumption smoothing and the behaviour of market participants are examined. Finally,
an introduction is given to the basic theory of tax evasion and the possibilities of
combating it. The course first looks at basic formal models before discussing relevant
empirical findings. In the accompanying seminar, students will present and discuss current
theoretical and empirical research on income tax, unemployment insurance and tax
evasion.
3 Learning objectives Students... ... explain in the course 'Topics in Public Economics' the justifications and goals of state
interventions such as income taxes and state unemployment insurance. ... describe the effects of income taxes and social security on the behaviour of market
participants and the distribution of income, both verbally and within the framework of
simple formal models. ... systematically discuss current fiscal policy proposals on these topics with the help of
simple formal models and beyond. ... work on current scientific articles independently in the context of the associated
seminar, present them and carry out a critical evaluation.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Advanced Module Public Economics, Advanced Module Economic Policy,
Core Module Microeconomics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the combined exam for course b)
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8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
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Specialisation Module Quantitative Methods in Economics and Social Sciences
Module code 1314SMQW00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Analysis of Multivariate Data (Summer
Term) b) Selected Quantitative Methods
(Summer Term)
Contact
hours a) 60h b) 60h
Self-
Studies a) 120h b) 120h
Course Language a) German b) German
2 Module content Selected quantitative methods used in Business Administration, Economics and Social
Sciences
3 Learning objectives Students... ... are proficient in selected quantitative methods used in business administration,
economics and social sciences. ... apply those methods and interpret the results. ... decide which of the methods they have learned is suitable for dealing with specific
economic and social science issues.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core and Advanced Module Statistics, Advanced Module Econometrics
6 Mode of end-of-module examination Oral examination: OE (30) Written test: TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the written test for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Dr. Bastian Gribisch Univ.-Prof. Dr. Roman Liesenfeld
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10 Miscellaneous The examination components contribute equally to the end-of-module mark.
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Specialisation Module Behavioral Economics (Bachelor)
Module code 1289SMBe12
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Behavioral Economics with Practise
Course b) Seminar Behavioral Economics
Contact
hours a) 30h b) 30h
Self-
Studies a) 150h b) 150h
Course Language
2 Module content This specialisation module combines insights and methods from modern behavioral
economics and traditional decision theory, the aim being to draw a realistic picture of how
people make economic decisions. The “Behavioral Decision Theory” lectures teach
students the underlying concepts and present theoretical and experimental findings.
3 Learning objectives Students... ...identify phenomena that influence economic decisions and stop decision makers from
behaving completely rationally in homo oeconomicus fashion. ...analyse the economic consequences of those phenomena. ...solve formal problems that include decision and behavioural theory issues.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a). 2.) Passing the combined exam for course b).
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section
9 Module manager Univ.-Prof. Dr. Pia Pinger
10 Miscellaneous
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Specialization Module Behavioral Economics (Bachelor) (12 LP)
Module code 1289BEBa12
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses Behavioral Economics
Contact
hours 60h
Self-
Studies 120h
Course Language English
2 Module content This specialisation module combines insights and methods from modern behavioral
economics and traditional decision theory, the aim being to draw a realistic picture of how
people make economic decisions. The module teaches students the underlying concepts
and present theoretical and experimental findings.
3 Learning objectives Students... ... identify phenomena that influence economic decisions and stop decision makers from
behaving completely rationally in homo oeconomicus fashion. ... analyse the economic consequences of those phenomena. ... solve formal problems that include decision and behavioural theory issues.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements Recommended: Core Module Microeconomics
6 Mode of end-of-module examination Combined examination: PRES, PO
7 Prerequisites for awarding of credit points Passing the examination.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section
9 Module manager Univ.-Prof. Dr. Pia Pinger
10 Miscellaneous The difference to the focus module Behavioral Economis (Bachelor), which will be offered
for the last time in the academic year 2019/20, is the examination form.
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Specialisation module Accounting and Taxation I
Module code 1016SMAT01
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every term
Duration 2 Terms
1 Courses a) Fundamentals of Taxation (Winter and
Summer Term) b) Fundamentals of Business Taxation
(Summer Term)
Contact
hours a) 45h b) 45h
Self-
Studies a) 135h b) 135h
Course Language a) German b) German
2 Module content • Fundamentals of taxation
• Fundamentals of external accounting
3 Learning objectives Students... ... know methodological competence in taxation law and accounting. ... understand taxation law and accounting. ... solve new cases, using the subject-related and methodological competence taught in
the module.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core module Accounting
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test. Both courses have to be chosen, the exam is based on both
courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager Univ.-Prof. Dr. Christoph Kuhner Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous The written exam takes place in every term.
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Specialisation Module Strategy, Organization and Human Resources
Module code 1253SMSO00
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Human Resource Management b) Organizational Design c) Entrepreneurship* d) International Strategic Management*
Contact
hours a) 60h b) 60h c) 30h d) 60h
Self-
Studies a) 120h b) 120h c) 150h d) 120h
Course Language a) English b) German c) English d) German
2 Module content • Market-entry, product, market and value-adding strategies
• Theories concerning international management
• Basic concepts of behavioural decision theory
• Contingency theory of organisation
• Shaping organisational change
• HR instruments
• HR selection
• HR development
• Co-determination and corporate governance
• Equal opportunity and diversity
• Compliance management
• Corporate responsibility
3 Learning objectives Students... ... gain in-depth insights into strategic business management and the design of
organisational structures and HR instruments. ... identify factors that influence organisational design at the job and organisation level and
derive and assess various possible courses of action on that basis. ... assess companies’ internationalisation decisions with regard to their market-entry,
product, market and value-adding strategies. ... understand how organisations secure their future by adjusting to a complex and ever-
changing environment. ... assess, using organizational design parameters, which organisational structures are
beneficial under which conditions. ... recognise key challenges, identify design possibilities and develop methods for
implementing organisational change processes. ... formulate strategic and operational HR plans. ... systematically analyse HR instruments. ... apply the knowledge gained to create practical designs for HR instruments, working in
small groups. ... understand basic HR-related aspects of labour law. ... develop an awareness of equal opportunity and diversity in the world of work.
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4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Corporate Development, Core Module Corporate and
Business Ethics, Core- und Advanced Module Statistics
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points A pass in the written test. Students must take two courses. The written test will be based
on the content of two courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Mark Ebers Univ.-Prof. Dr. Bernd Irlenbusch Univ.-Prof. Dr. Dirk Sliwka
10 Miscellaneous *Please consult KLIPS 2.0 to ascertain whether this course will be taking place and what it
will be covering.
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Specialisation Module Financial Management
Module code 1259SMFM00
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Investment Management b) Corporate Finance c) Corporate Governance
Contact
hours a) 60h b) 60h c) 60h
Self-
Studies a) 120h b) 120h c) 120h
Course Language a) English b) German c) English
2 Module content Investment Management • Portfolio theory
• Risk management
• Investment strategies
Corporate Finance • Financial management
• Valuation of a company
• Financing strategies
• Cost of capital
• Value-based investment policy
Corporate Governance • Principal-agent theory of Corporate Governance, issues of asymmetrical information
and agency-costs • internal and external mechanisms of Corporate Governance (e.g. management
compensation, Board of Directors, asset-side investors and company acquisitions • Corporate Governance-Systems and Regulation
• analytical and empirical methods to assess i) the value and success of corporations, ii)
the costs of insufficient corporate governance, and iii) decisions made by regulators • Analysis and interpretation of empirical studies and methods in the field of Corporate
Governance
3 Learning objectives Students... ... discuss market information efficiency and consider the pros and cons of active and
passive investment strategies based on the degree of market efficiency. ... analyse the optimum structure for a portfolio. ... design methods with which to manage portfolio risks. ... consider the opportunities and risks involved in employing derivatives. ... evaluate the success of investment strategies. ... determine the validity of financial statement analysis in the context of financial issues,
e.g. liquidity assessment. ... analyse the effects of investment and financing decisions on financial ratios and cost of
capital. ... know financial planning techniques to generate cash flow forecasts as input for
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company valuations. ... compare different company valuation methods and discuss their applicability under real-
word conditions. ... develop an analytical as well as practical understanding of (principal-agent) problems of
corporate governance and leadership, which result from the separation of ownership and
control when information and contracts are incomplete. ... understand the concept of agency costs, the prevalence of opportunistic behavior and
problems that arise due to asymmetric information between the parties in principal-agent
relations. ... analyze the economic role of corporate governance and its mechanisms. ... understand the different governance systems and their regulation. ... know analytical and empirical methods to assess firm and investment performance as
well as the costs of insufficient corporate governance. ... understand and interpret empirical studies on corporate governance and its value
implications
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core module Finance
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points A pass in the written test. Students must take two courses. The written test will be based
on the content of two courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Dieter Hess Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz
10 Miscellaneous
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Specialisation Module Financial Institutions
Module code 1259SMFI00
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Insurance Management b) Bank Management c) Leasing
Contact
hours a) 60h b) 60h c) 60h
Self-
Studies a) 120h b) 120h c) 120h
Course Language a) German b) German c) German
2 Module content a) Insurance Management • Primary insurance and re-insurance markets
• Underwriting risks
• Institutional parameters
• Insurance companies’ capital requirements
b) Bank Management • Banking market
• Bank accounting
• Bank regulation
• Bank cost accounting
• Risk/return control
c) Leasing • German leasing market
• Leasing agreements
• Leasing instalments
• Capital costs of leasing
• Impacts on balance sheets and taxation
3 Learning objectives Students... ... know the insurance and financial services market, the structure of the service providers
and the products offered. ... identify the regulatory parameters. ... calculate the product prices. ... apply the basic principles of risk/return control to business decisions.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core Module Accounting, Core Module Finance. It is also useful to have
attended the supplementary module in Financial management.
6 Mode of end-of-module examination Written test: WT (120)
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7 Prerequisites for awarding of credit points A pass in the written test. Students must take two courses. The written test will be based
on the content of two courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Thomas Hartmann-Wendels Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous Examinations will be held for all three exam components every term.
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Specialisation Module Finance
Module code 1259SMFi01
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every term
Duration 2 Terms
1 Courses a) Investment Management b) Insurance Management c) Corporate Finance d) Bank Management e) Leasing f) Corporate Governance
Contact
hours a) 60h b) 60h c) 60h d) 60h e) 60h f) 60h
Self-
Studies a) 120h b) 120h c) 120h d) 120h e) 120h f) 120h
Course Language a) English b) German c) German d) German e) German f) English
2 Module content a) Investment Management • Portfolio theory
• Risk management
• Investment strategies
b) Corporate Finance • Financial management
• Financing strategies
• Company valuation
• Cost of capital
c) Corporate Governance • Principal-gent theory of Corporate Governance, issues of asymmetrical information and
agency-costs • Internal and external mechanism of Corporate Governance (e.g. management
compensation, board of directors, asset-side investors and company acquisitions) • Corporate Governance-systems and regulation
• Analytical and empirical methods to assess i) the value and success of corporations, ii)
the costs of insufficient corporate governance, and iii) decisions made by regulators • Analysis and interpretation of empirical studies and methods in the field of Corporate
Governance
d) Insurance Management • Primary insurance and re-insurance markets
• Underwriting risks
• Institutional parameters
• Insurance companies’ capital requirements
e) Bank Management • Banking market
• Bank accounting
• Bank regulation
• Bank cost accounting
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• Risik/return control
f) Leasing • German leasing market
• Leasing agreements
• Leasing instalments
• Capital costs of leasing
• Impacts on balance sheets and taxation
• An institutional-economic analysis of leasing
3 Learning objectives Students... ... analyse financial markets, its participants and products. (a, b, c) ... evaluate the success of investment strategies. (a, b, c) ... design methods with which to manage portfolio risks. (a, b, c) ... analyse the economic role of corporate governance. (a, b, c) ... know the insurance and financial services market, the structure of the service providers
and the products offered. (d, e, f) ... identify the regulatory parameters. (d, e, f) ... calculate the product prices. (d, e, f) ... apply the basic principles of risk/return control to business decisions. (d, e, f)
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: core module Finance, core module Accounting. It is also useful to have
attended the supplementary module in Financial Management
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points A pass in the written test. Students must take two courses. The written test will be based
on the content of two courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Thomas Hartmann-Wendels Univ.-Prof. Dr. Dieter Hess Univ.-Prof. Dr. Alexander Kempf Jun.-Prof. Dr. Peter Limbach Dr. Alexander Pütz
Univ.-Prof. Dr. Heinrich R. Schradin
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10 Miscellaneous Examinations will be given every term and will contain exam components for the courses
held during the current and the previous semester.
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Specialisation Module Marketing
Module code 1266SMark0
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every term
Duration 2 Terms
1 Courses a) Methods of Marketing Mix Management
(Winter & Summer Term) b) Concepts of Marketing Mix
Management (Winter & Summer Term)
Contact
hours a) 60h b) 60h
Self-
Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content • Marketing mix decisions (e.g. brand policy, new product development, pricing and
communication policy) • Design of market research projects
• Sample selection and data collection methods
• Measurement and questionnaire design
• Uni- und bivariate analyses
• Using multivariate techniques for marketing mix decisions
3 Learning objectives Students... ... identify and systematise decision-making problems related to the marketing mix. ... classify and assess the advantages of different marketing strategies. ... analyse, discuss and interpret market research methods and approaches. ... design and conduct market research projects and to verify presumed
interdependencies.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core module Marketing
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points A pass in the written test. Students must take both courses; the written test is based on
the content of both courses.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
9 Module manager Univ.-Prof. Dr. Marc Fischer
10 Miscellaneous The written test is held every term.
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Specialisation module Supply Chain Management
Module code 1271SMSC01
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every term
Duration 1 Term
1 Courses a) Supply Chain Management and
Management Science (Winter Term) b) Supply Chain Management: Strategy
and Innovation (Winter Term) c) Supply Chain Management and
Production - Basics (Summer Term) d) Supply Chain Management and
Production - Application (Summer Term)
Contact
hours a) 60h b) 60h c) 60h d) 60h
Self-
Studies a) 120h b) 120h c) 120h d) 120h
Course Language a) German b) English c) English d) German
2 Module content • Supply chain planning and control
• Analysis and structuring of in-company and cross-company supply chains
• Configuration of supply chain networks
3 Learning objectives Students... ... understand the fundamentals of supply chain management. ... discuss relationships and interdependencies between decision-making problems in the
context of supply chain management. ... identify and use modern theories and methods for analysing and assessing existing
situations. ... develop solutions for specific problems. ... apply modern solutions in exercises reflecting real life. ... apply their gained knowledge with case studies.
4 Teaching and learning methods practice lecture
5 Module entry requirements Recommended: Core module Supply Chain Management
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test. Students must take two courses. The written exam is based on
the content of two courses. A combination of courses of summer and winter term is not
possible.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
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Bachelor of Science Information Systems: Supplementary Section
9 Module manager AD Dr. Johannes Antweiler Univ.-Prof. Dr. Fabian Sting Univ.-Prof. Dr. Ulrich W. Thonemann
10 Miscellaneous Course b) contains of “Part 1: Strategy: Innovation and Planning” as well as “Part 2:
Implementation: Projects and processes”. Course c) and d) subdivides into “Part 1:
Basics” as well as “Part 2: Applications”. The written test for course a) and b) takes place
in winter term, the written test for courses c) and d) takes place in summer term.
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Specialisation Module Economic Geography
Module code 1343SMWi00
Workload 360h
ECTS
credits 12
Module
Language German
and
English
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Basics in Economic Geography b) Seminar in Economic Geography
Contact
hours a) 30h b) 30h
Self-
Studies a) 150h b) 150h
Course Language a) German and
English b) German and
English
2 Module content • Theories with which to explain empirical developments at locations in the global
economy in various regions of Europe, the emerging countries and the Global South • Globalisation and local development processes
• International distribution of powers and the role of knowledge, technology and
innovation
3 Learning objectives Students... ... analyse subnational and regional processes and networks of actors against the
backdrop of developments in the global economy. ... identify company/locational decision processes in the international, transnational and
supranational context. ... problematise selected global/local processes of socioeconomic change at various
spatial levels. ... develop an understanding of the distribution of capacity and powers in transnational
corporations’ globalisation processes and global value chains.
... understand the role of local and global knowledge.
... discuss current theories in economic geography and regional studies plus empirical
case studies from various regions of Europe, the emerging countries and the Global
South. ... consider regional structures, institutions and actors from an interdisciplinary
perspective. ... assess selected case studies based on theoretical concepts. ... assess current socioeconomic developments from a practical perspective. ... apply economic geography methods. ... engage in academic discourse.
4 Teaching and learning methods seminar practice lecture
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
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7 Prerequisites for awarding of credit points 1.) Passing the written test for course a) 2.) Passing the combined exam for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Arts Regional Studies Latin America - Social Sciences: Social Sciences Regional Studies Latin America, East and Middle Europe Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Arts Regional Studies China - Social Sciences: Social Sciences Regional Studies China Bachelor of Arts Regional Studies Eastern and Central Europe - Social Sciences: Social Sciences Regional Studies Latin America, East and Middle Europe
9 Module manager Univ.-Prof. Dr. Martina Fuchs
10 Miscellaneous If the seminar is chosen in the summer term, the module can be studied over two terms.
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Specialisation Module Management of Co-Operative
Module code 1343SMkW00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every 2nd
term -
winter term
Duration 1 Term
1 Courses a) Basics in Management of Co-operative
(Winter Term) b) Social and Economic Aspects of
Management of Co-operative (Winter
Term)
Contact
hours a) 30h b) 30h
Self-
Studies a) 150h b) 150h
Course Language a) German b) German
2 Module content As a type of business, cooperatives have specific structural characteristics that influence
cooperative management practice in a special way. The main differences between
cooperatives and enterprises with commercial objectives - the dominant object of general
business administration - are in the setting of objectives and democratic decision-making.
Cooperatives are democratically constituted enterprises with an economic objective. They
promote their members not by maximising profits on the capital invested, but by making
goods and services available. The members regulate their affairs in democratic self-
administration. These peculiarities in the internal structure constitute the problem area of the
management of cooperatives and clarify the questions to be dealt with in the module. The
module is divided into two parts: a programmatic part and a content part. The
programmatic part comprises the justification, classification and orientation of a Special
Business Administration of Cooperatives as a Management Theory. Thus, business
management problems of cooperatives are viewed from the perspective of management.
The content part deals with questions of goals and goal formation, member motivation,
corporate policy, strategic leadership, marketing, success determination and corporate
governance from a leadership perspective. The seminar deepens the fundamental and current peculiarities of solidary economic and
corporate forms.
3 Learning objectives Students... ... receive an overview of the business management problems of cooperatives, taking into
account the specific characteristics of cooperatives in each type of business, which make
up a particularly diverse and widespread subset of cooperatives. ... gain a fundamental understanding of the special features of the cooperative type of
business. ... analyse problems of the cooperative type of business. ... prepare themselves for writing their bachelor thesis in a suitable form within the
framework of the seminar and write their own texts. ... present self-developed contents using common presentation techniques within the
framework of presentations. ... work under time restrictions as well as with the help of their acquired, broad level of
knowledge purposefully on questions
4 Teaching and learning methods seminar lecture
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5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) Passing the written test for course a). 2.) Passing the combined exam for course b)
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous Lecturers responsible: Dr. Johannes Blome-Drees
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Specialisation Module Social Policy
Module code 1320SMSo00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every term
Duration 2 Terms
1 Courses a) Aging and Social Environment in
Welfaremix (Summer Term) b) Structure of Health Care (Winter Term)
Contact
hours a) 30h b) 30h
Self-
Studies a) 150h b) 150h
Course Language a) German b) German
2 Module content In Aging and Social Environment in Welfaremix students will study the main features of
the institutional architecture of welfare policy, the anthropology and ethics of personality
and legal philosophy of inclusion, the main features of the multi-dimensional social
morphology of modern society, and the theories of integrated supply landscapes.
Research results on the problems of socio-spatial networking and on trans-sectoral multi-
disciplinarity will be discussed. The theory and practice of de-institutionalisation will be
examined from an economic, legal and psychodynamic perspective. In Structure of Health Care students deal with the institutional structures and actors of the
German health care system. It provides an overview of the entire German health care
system with all essential forms of care. Questions of organisation, regulation, financing
and remuneration of the statutory health insurance are in the foreground. Health reform
policy discourses are examined on the basis of this basic knowledge. The approach is
interdisciplinary and includes different, theoretically informed socio-political perspectives.
3 Learning objectives Students... ...define social policy as an interdisciplinary combination of Lebenslagen- und Le-
benslaufperspektive. ...use this basis to identify a theory of sociopolitical intervention and compare it with a
morphology-based multi-sector theory of welfare production. ...reflect on and understand how social policy is seen from the perspective of fundamental
ontology, ontotheology and philosophical anthropology, focusing on theories of dialogical
personalism. ...differentiate different aspects of the change happening in the social morphology of
modern society (demographic, epidemiological, socio-structural, etc. change) and the
emergence of complex needs (chronic disease, multimorbidity, need for assistance or
care, cognitive impairments, weak networks, need for psychosocial support or counselling,
etc.) and thus recognise the benefits of considering transsectoral and multidisciplinary
networks from a sociophysical perspective. ... show a comprehensive understanding of how the German health system works. ... recognize and discuss advantages and problems of existing regulations. ... examine various reform options and weigh up advantages and disadvantages. ... formulate research questions and argue independently. ... weigh up different policy recommendations under great time restrictions. ... take a well-founded and independent position on health reform policy issues in
discussions.
4 Teaching and learning methods lecture
5 Module entry requirements none
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6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test. Students must take both courses. The written test is based on the
content of both courses.
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous Students will be advised of compulsory reading on a term-by-term basis. It is
recommended to start the module with the lecture "Aging and Social Environment in
Welfaremix".
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Specialisation module Studies Abroad
Module code 1014SASb00
Workload 360h
ECTS
credits 12
Module
Language
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-
Studies
Course Language
2 Module content depends on course(s) chosen
3 Learning objectives Students... ... describe approaches to business administration, economics and social science from an
international perspective. ... explain international business administration, economic and social science issues. ... discuss and compare different business administration, economic and social science
theories and approaches. ... develop new intellectual perspectives in relation to their own educational background. ... are better equipped to cope effectively with the dynamic global dimensions of their
future professional lives.
4 Teaching and learning methods depending on course choice
5 Module entry requirements depending on course selection
6 Mode of end-of-module examination TR - depending on course selection
7 Prerequisites for awarding of credit points depending on course selection
8 Other programmes that use the module Bachelor of Science Economics with Social Sciences: Specialization Section Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section
9 Module manager AD Dr. Johannes Antweiler
10 Miscellaneous This module can be studied at foreign higher education institutions or at one of the
summer schools organised by the WiSo Faculty. A standardised crediting procedure then
applies. Credit is only transferred for courses that: - are clearly linked to the subjects
covered at the WiSo Faculty and - have not already been taken at the University of
Cologne. Information concerning the crediting procedure is available from the International
Relations Center (ZIB). Further information concerning the procedure and the deadlines
applicable can be found on the WiSo Credit Transfer Centre’s platform at:
https://www.anrechnungwiso.uni-koeln.de/.
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
98
Specialisation Module Behavioral Management Science
Module code 1271SMBMSc
Workload 360h
ECTS
credits 12
Module
Language English
Module
availability every
second
semester -
summer
term
Duration 1 Term
1 Courses a) Behavioral Management Science –
Lecture (Summer Term) b) Behavioral Management Science –
Seminar (Summer Term)
Contact
hours a) 30h b) 30h
Self-
Studies a) 150h b) 150h
Course Language a) English b) English
2 Module content • Rational, limited rational, and irrational behavior
• Cognitive distortions and heuristics of individuals
• Social preferences (e.g. altruism, fairness)
• Robust management systems
• Design and programming of experiments
3 Learning objectives Students... ... analyze the limits of rational decision models. ... evaluate the validity of Management Science Models by using experimental data. ... examine which problems occur by cognitive distortion. ... evaluate the consequences of social preferences. ... create scientific experiments discretely. ... transfer acquired knowledge to practical managerial problems.
4 Teaching and learning methods seminar lecture
5 Module entry requirements Recommended: Fundamental knowledge in statistics and mathematics
6 Mode of end-of-module examination Written test: WT (60) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points 1.) A pass in the written test for course a) 2.) A pass in the combined examination for
course b)
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section Bachelor of Science Business Administration: Specialization Section Bachelor of Science Information Systems: Supplementary Section
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
99
9 Module manager Univ.-Prof. Dr. Dirk Sliwka
10 Miscellaneous
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
100
Bachelorseminar Economics
Module code 1287BSVo00
Workload 180h
ECTS
credits 6
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses Bachelor's Seminar Economics
Contact
hours 30h
Self-
Studies 150h
Course Language German
2 Module content The contents of the seminar will vary and cover different economic aspects.
3 Learning objectives Students... ... work independently on a current economic topic. ... identify, search for, select, analyse and synthetise the relevant academic literature for
their task. ... independently familiarise themselves with their chosen topic. ... familiarise themselves with fundamental modelling tasks, if appropriate. ... use subject-specific software by way of example, if appropriate. ... write a term paper on their chosen topic. ... give a presentation, on their own or in a group, of their findings, using, for example,
PowerPoint. ... give brief presentations discussing other participants’ presentations as appropriate.
... actively discuss the topics dealt with in the presentations during the seminar.
... engage in academic discourse.
... take care of the basics of academic practice.
4 Teaching and learning methods seminar Colloquium
5 Module entry requirements Recommended: All core Modules
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined exam.
8 Other programmes that use the module Bachelor of Science Economics: Specialization Section
9 Module manager Dr. Julia Fath
10 Miscellaneous
MODULE CATALOGUE – ECONOMICS - BACHELOR OF SCIENCE
101
3.6.5 Bachelor Thesis
Thesis Bachelor VWL
Module code 1287BaVo00
Workload 360h
ECTS
credits 12
Module
Language German
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-
Studies
Course Language
2 Module content On the Economics programme, the topic of the bachelor thesis must reflect economics
methods learned during the programme.
3 Learning objectives Students... ...discuss the current debate on business administration theory and methods. ...identify specifically defined academic questions and issues. ...work on those specific questions independently, sharing ideas with teaching staff and
stu-dents and using the main primary and secondary literature. ...use theoretical and methodical (qualitative and/or quantitative) approaches to producing
an academic paper. ...draw up a research design and implement it independently. ...organise and design and academic research process that ensures the tasks are clearly
de-fined. ...develop conclusions of academic and social relevance. ...share their knowledge with teaching staff, other students and persons with an interest in
the subject. ...present their findings in oral and written form in accordance with academic standards.
4 Teaching and learning methods Bachelorthesis
5 Module entry requirements 100 ECTS passed.
6 Mode of end-of-module examination Written test 12 weeks
7 Prerequisites for awarding of credit points A pass in the written test.
8 Other programmes that use the module Bachelor of Science Economics: Bachelorthesis
9 Module manager Dr. Julia Fath
10 Miscellaneous The Bachelor thesis can be written in German or English.