UGOE Course Catalogue Economic Sciences Year 17-18 PDF

DIRECTORY OF MODULES
OFFERED IN ENGLISH LANGUAGE

COURSES OFFERED IN ENGLISH AT THE UNIVERSITY OF GÖTTINGEN
ACADEMIC YEAR 2017/2018
FACULTY OF ECONOMIC SCIENCES

A very warm welcome!
The University of Göttingen features an outstanding study environment for both exchange
and full-degree students. All courses of study benefit from an excellent research-oriented
environment formed by a broad network including five Max Planck Institutes, the German
Primate Centre, the German Aerospace Centre and the Academy of Science and
Humanities: the Göttingen Campus. An increasing number of lectures and courses are
taught in the English language attracting more and more international students. This
catalogue provides an impression of what is available.
This catalogue of courses taught in English varies from faculty to faculty and the courses
available to you depend on whether you are an exchange student coming to Göttingen for
a semester or an academic year, or whether you are a full degree student coming to
Göttingen to complete an entire degree programme. You may take most courses in the
programme you are enrolled in, however in a few cases restrictions may apply. Selecting
courses from other subjects or other departments might require negotiations. If you have
any questions, please contact the study advisor in charge of your subject.
Prior to their arrival in Göttingen exchange students have to set up a learning agreement.
In some cases restrictions will apply, e.g. signing up for certain laboratory courses may
not be possible. Generally exchange students are required to take at least half of the
lectures and courses within their chosen subject.
Full degree students must first apply for a study place. Links to websites with application
guidelines and deadlines are provided by some subjects/faculties. If not stated otherwise
please visit:
http://www.uni-goettingen.de/en/3811.html
In any case, you are very welcome to browse through this catalogue to find/check out
courses that suit your interests! For the complete course catalogue of the University of
Göttingen see:
https://univz.uni-goettingen.de/qisserver/
We look forward to welcoming you in Göttingen!

Table of Contents
Index by areas of study
I. Faculty of Economic Sciences

The Faculty of Economic Sciences offers an excellent international study environment for students
coming from outside of Germany including both those who plan to complete their entire degree in
Göttingen, as well as those who plan to visit for a semester abroad.
Our faculty offers many English-language courses (http://www.uni-goettingen.de/en/winter-
semester-20142015/474472.html) for short-term visitors and exchange students for both undergraduate
and graduate students.
Every semester we offer at least 30 ECTS credits worth of courses in business administration and
economics for BA students (11 courses offered in the 2014/15 winter semester). There are also many
courses in English for MA students in both business administration and economics. In the 2014/15 winter
semester, the faculty offered 29 courses for economic students and 14 courses business administration
students.
For students interested in completing their entire degree in Göttingen, the faculty offers an entirely
English-language MA degree indevelopment economics (http://www.uni-goettingen.de/de/203661.html).
Our programme is the only university-level master’s programme in development economics in Germany,
and is based on research groups from various areas including agricultural economics and rural
development, and economics. The programme duration is four semesters, and can even be coupled with
a double degree programme with Stellenbosch University in South Africa.
In addition to the course offerings, our faculty offers a vibrant and internationally-oriented research
community with research projects abroad, including visiting faculty and doctoral researchers from across
the globe.
For further information about the Faculty, please visit:
http://www.uni-goettingen.de/en/international-students--researchers/427247.html
We look forward to your visit.
1. Bachelor modules
B.WIWI-BWL.0052: Logistic Management (6 C, 4 SWS)....................................................................... 9
B.WIWI-BWL.0078: Global Virtual Project Management (6 C, 2 SWS)................................................11
B.WIWI-BWL.0081: Selected Issues in Corporate Governance (6 C, 3 SWS).....................................12
B.WIWI-BWL.0082: Seminar Corporate Valuation (6 C, 2 SWS)......................................................... 13
B.WIWI-BWL.0084: Company Taxation in the European Union (6 C, 2 SWS).................................... 14
B.WIWI-BWL.0087: International Marketing (6 C, 2 SWS)................................................................... 15
B.WIWI-BWL.0088: International Business (6 C, 4 SWS).................................................................... 16
B.WIWI-BWL.0089: Corporate Financial Management (6 C, 4 SWS).................................................. 18
B.WIWI-BWL.0091: Asian Business and Economics (6 C, 2 SWS)..................................................... 20
B.WIWI-VWL.0041: Introduction to Development Economics (6 C, 4 SWS)........................................ 21
B.WIWI-VWL.0043: Political Economy (6 C, 4 SWS)........................................................................... 22

Table of Contents
B.WIWI-VWL.0058: Industrial Organization Theory (6 C, 4 SWS)....................................................... 23
B.WIWI-VWL.0059: International Financial Markets (6 C, 2 SWS)...................................................... 24
B.WIWI-VWL.0060: Intertemporal Choice and Saving (6 C, 2 SWS)................................................... 25
B.WIWI-VWL.0061: Dynamic Macroeconomics (6 C, 2 SWS)............................................................. 26
B.WIWI-VWL.0068: Aspects of European Integration (6 C, 3 SWS).................................................... 27
B.WIWI-VWL.0069: Topics in Urban Economics (6 C, 4 SWS)........................................................... 29
B.WIWI-VWL.0070: International economic policy (6 C, 3 SWS)......................................................... 30
B.WIWI-WB.0003: Introduction to Stata (3 C, 2 SWS)......................................................................... 31
2. Master modules
M.MED.0001: Linear Models and their mathematical Foundations (9 C, 6 SWS)................................ 32
M.MED.0003: Event data analysis (6 C, 4 SWS)................................................................................. 33
M.MED.0004: Clinical Trials (6 C, 4 SWS)........................................................................................... 35
M.MED.0006: Genetic Epidemiology (6 C, 4 SWS)..............................................................................37
M.WIWI-BWL.0004: Financial Risk Management (6 C, 4 SWS).......................................................... 39
M.WIWI-BWL.0018: Analysis of IFRS Financial Statements (6 C, 4 SWS)..........................................41
M.WIWI-BWL.0020: Risk Management and Solvency (6 C, 2 SWS)................................................... 43
M.WIWI-BWL.0075: Pricing Strategy (6 C, 4 SWS)............................................................................. 45
M.WIWI-BWL.0109: International Human Resource Management (6 C, 3 SWS)................................ 46
M.WIWI-BWL.0110: Strategic Human Resource Development (6 C, 2 SWS)......................................47
M.WIWI-BWL.0111: Selected Topics in Asian Business and Management (6 C, 2 SWS)................... 49
M.WIWI-BWL.0112: Corporate Development (6 C, 4 SWS).................................................................50
M.WIWI-BWL.0115: Human Resource Management Seminar (6 C, 2 SWS).......................................52
M.WIWI-BWL.0116: Asian Business and Management (6 C, 2 SWS)................................................. 53
M.WIWI-BWL.0118: Survey Research (6 C, 2 SWS)........................................................................... 54
M.WIWI-BWL.0122: Cross-Cultural Management (6 C, 2 SWS).......................................................... 55
M.WIWI-BWL.0123: Tax Transfer Pricing (6 C, 2 SWS)...................................................................... 56
M.WIWI-BWL.0125: International Organizational Behavior (6 C, 2 SWS)............................................ 57
M.WIWI-BWL.0126: Consumer Science & Public Policy (6 C, 2 SWS)................................................58
M.WIWI-BWL.0129: International Management Research Seminar (6 C, 2 SWS)...............................59
M.WIWI-BWL.0130: Doing Business in Asia (6 C, 2 SWS)..................................................................60

Table of Contents
M.WIWI-BWL.0133: Banking Supervision (6 C, 2 SWS)...................................................................... 61
M.WIWI-BWL.0134: Panel Data Analysis in Marketing (6 C, 2 SWS).................................................. 63
M.WIWI-BWL.0135: Digital Innovations and Design Thinking (6 C, 2 SWS)........................................64
M.WIWI-BWL.0136: Digital Transformation (6 C, 2 SWS)....................................................................66
M.WIWI-BWL.0137: Electronic Commerce Systems (6 C, 2 SWS)......................................................68
M.WIWI-BWL.0139: Discrete Choice Modeling (6 C, 2 SWS)..............................................................70
M.WIWI-BWL.0140: Seminar in Empirical Research (6 C, 2 SWS)..................................................... 71
M.WIWI-BWL.0142: Publishing in Management Journals (6 C, 2 SWS).............................................. 72
M.WIWI-QMW.0001: Generalized Linear Models (6 C, 4 SWS).......................................................... 73
M.WIWI-QMW.0002: Advanced Statistical Inference (Likelihood & Bayes) (6 C, 4 SWS)....................75
M.WIWI-QMW.0004: Econometrics I (6 C, 4 SWS)..............................................................................77
M.WIWI-QMW.0005: Econometrics II (6 C, 4 SWS).............................................................................78
M.WIWI-QMW.0006: Seminar in Applied Statistics and Econometrics (6 C, 2 SWS).......................... 79
M.WIWI-QMW.0007: Selected Topics in Statistics and Econometrics (6 C, 4 SWS)........................... 80
M.WIWI-QMW.0009: Introduction to Time Series Analysis (6 C, 4 SWS)............................................ 81
M.WIWI-QMW.0010: Multivariate Statistics (6 C, 4 SWS)....................................................................82
M.WIWI-QMW.0011: Statistical Programming with R (6 C, 4 SWS).................................................... 83
M.WIWI-QMW.0012: Multivariate Time Series Analysis (6 C, 4 SWS)................................................ 84
M.WIWI-QMW.0014: Mathematical Foundations of Applied Statistics (6 C, 4 SWS)........................... 85
M.WIWI-QMW.0016: Spatial Statistics (6 C, 4 SWS)........................................................................... 86
M.WIWI-QMW.0019: Statistical Methods for Impact Evaluation (6 C, 4 SWS).....................................87
M.WIWI-QMW.0020: Practical Statistical Training (6 C, 2 SWS)......................................................... 88
M.WIWI-QMW.0021: Introduction to R (3 C, 2 SWS)...........................................................................89
M.WIWI-QMW.0024: Financial Liberalization, Financial Development and Economic Growth (6 C,

2 SWS).................................................................................................................................................. 90
M.WIWI-QMW.0025: Development Microeconometrics (6 C, 4 SWS)................................................. 91
M.WIWI-QMW.0026: Development Macroeconometrics (6 C, 4 SWS)................................................ 92
M.WIWI-QMW.0027: Advanced Meta-Research in Economics (6 C, 4 SWS)......................................94
M.WIWI-QMW.0028: Topics in Descriptive Statistics (12 C, 2 SWS)...................................................95
M.WIWI-QMW.0029: Seminar in Operations Research (6 C, 2 SWS)................................................. 96
M.WIWI-VWL.0008: Development Economics I: Macro Issues in Economic Development (6 C,

4 SWS).................................................................................................................................................. 97
Table of Contents
M.WIWI-VWL.0009: Development Economics II: Micro Issues in Development Economics (6 C,

4 SWS).................................................................................................................................................. 98
M.WIWI-VWL.0010: Development Economics III: Regional Perspectives in Development Economics

(6 C, 3 SWS)......................................................................................................................................... 99
M.WIWI-VWL.0018: Economic Development of Africa (6 C, 3 SWS).................................................100
M.WIWI-VWL.0019: Advanced Development Economics (6 C, 4 SWS)............................................ 101
M.WIWI-VWL.0021: Gender and Development (6 C, 3 SWS)............................................................102
M.WIWI-VWL.0022: Analysis of Micro Data (6 C, 4 SWS).................................................................103
M.WIWI-VWL.0023: Seminar to the Situation of Latin America in the 21st Century: Trade Related and
Macroeconomic Issues (6 C, 2 SWS).................................................................................................104
M.WIWI-VWL.0024: Seminar to the situation of Latin America in the 21st century: The necessity of
reforms (6 C, 2 SWS)..........................................................................................................................105
M.WIWI-VWL.0025: Seminar Development Economics IV (6 C, 2 SWS).......................................... 106
M.WIWI-VWL.0035: Economic Effects of Regional Integration (6 C, 2 SWS).................................... 107
M.WIWI-VWL.0040: Empirical Trade Issues (6 C, 4 SWS)................................................................ 108
M.WIWI-VWL.0041: Panel Data Econometrics (6 C, 4 SWS)............................................................ 110
M.WIWI-VWL.0042: European Economy (6 C, 4 SWS)..................................................................... 111
M.WIWI-VWL.0046: Topics in European and Global Trade (6 C, 2 SWS)......................................... 113
M.WIWI-VWL.0059: Methods of Economic Policy Evaluation (6 C, 3 SWS)...................................... 115
M.WIWI-VWL.0063: Sustainable Development, Trade and the Environment (6 C, 2 SWS)...............116
M.WIWI-VWL.0065: Economics of Crime (6 C, 2 SWS).................................................................... 117
M.WIWI-VWL.0083: Economic Reform and Social Justice in India (6 C, 4 SWS)..............................118
M.WIWI-VWL.0085: Advanced Microeconomics (6 C, 4 SWS).......................................................... 119
M.WIWI-VWL.0086: Macroeconomics of Open Economies (6 C, 4 SWS)......................................... 120
M.WIWI-VWL.0090: Seminar on Political Economy (6 C, 2 SWS)..................................................... 121
M.WIWI-VWL.0092: International Trade (6 C, 4 SWS).......................................................................122
M.WIWI-VWL.0094: Geographical Economics (6 C, 2 SWS)............................................................. 123
M.WIWI-VWL.0095: International Political Economy (6 C, 3 SWS)....................................................124
M.WIWI-VWL.0096: Essentials of Global Health (6 C, 2 SWS)......................................................... 125
M.WIWI-VWL.0099: Poverty & Inequality (6 C, 4 SWS).....................................................................126
M.WIWI-VWL.0100: Economics of Health Care Policy (6 C, 2 SWS)................................................ 127
M.WIWI-VWL.0105: Controversies in Development Economics (6 C, 2 SWS).................................. 128
M.WIWI-VWL.0108: Advanced Macroeconomics (6 C, 4 SWS).........................................................129

Table of Contents
M.WIWI-VWL.0109: Recent Topics in Fiscal Policy (6 C, 2 SWS).....................................................130
M.WIWI-VWL.0110: Seminar in Regional and Urban Economics (6 C, 2 SWS)................................ 131
M.WIWI-VWL.0112: Financial Markets and the Macroeconomy (6 C, 2 SWS).................................. 132
M.WIWI-VWL.0113: Financial Econometrics (6 C, 4 SWS)................................................................133
M.WIWI-VWL.0114: Finance and Development (6 C, 4 SWS)...........................................................134
M.WIWI-VWL.0115: Topics in Public Economics (6 C, 2 SWS)......................................................... 135
M.WIWI-VWL.0116: Special Interest Politics (6 C, 2 SWS)................................................................136
M.WIWI-VWL.0117: Growth, Resources, and the Environment (6 C, 4 SWS)................................... 137
M.WIWI-VWL.0118: Seminar on the Global Business Cycle (6 C, 2 SWS)....................................... 138
M.WIWI-VWL.0119: Portfolios of the Poor (6 C, 2 SWS)................................................................... 139
M.WIWI-VWL.0120: Dynamic Macroeconomics (6 C, 2 SWS)...........................................................140
M.WIWI-VWL.0121: Seminar in Indeterminacy and Sunspots in Macroeconomics (6 C, 2 SWS)...... 141
M.WIWI-VWL.0122: Seminar on Behavioral Development Economics (6 C, 2 SWS)........................ 142
M.WIWI-VWL.0123: Recent Topics in Macroeconomics (6 C, 2 SWS).............................................. 143
M.WIWI-VWL.0124: Seminar in Financial Econometrics (6 C, 2 SWS)..............................................144
M.WIWI-VWL.0125: Global Health (6 C, 2 SWS)............................................................................... 145
M.WIWI-VWL.0128: Deep Determinants of Growth and Development (6 C, 2 SWS)........................ 146
M.WIWI-VWL.0130: Seminar in Gender Differences in Labor Economics (6 C, 2 SWS)................... 147
M.WIWI-VWL.0131: Business Cycles in Developing Countries (6 C, 2 SWS)................................... 148
M.WIWI-VWL.0132: New Developments in International Economics (6 C, 2 SWS)...........................149
M.WIWI-VWL.0134: Development Economics of Innovations (6 C, 2 SWS)......................................150
M.WIWI-VWL.0135: Advanced Economic Growth (6 C, 4 SWS)....................................................... 151
M.WIWI-VWL.0137: Seminar Games in Economic Development (6 C, 2 SWS)................................ 152
M.WIWI-VWL.0138: Quasi-Experiments in Development Economics (6 C, 4 SWS).......................... 153
M.WIWI-VWL.0139: Seminar on the Economics of the European Union (6 C, 2 SWS)..................... 154
M.WIWI-VWL.0140: Economics of Education (6 C, 4 SWS).............................................................. 155
M.WIWI-VWL.0141: The economics of information and Internet (6 C, 4 SWS)..................................156
M.WIWI-VWL.0142: Seminar: Central banking in a global economy (6 C, 2 SWS)........................... 158
M.WIWI-VWL.0143: Mind, Society and Development (6 C, 2 SWS).................................................. 159
M.WIWI-VWL.0144: International economic policy: Replication course (6 C, 4 SWS)....................... 160
M.WIWI-VWL.0145: European Economics (6 C, 2 SWS)...................................................................162

Table of Contents
M.WIWI-WB.0001: Scientific Programming (3 C, 1 SWS).................................................................. 164
M.WIWI-WB.0005: Advanced Topics in Stata (3 C, 2 SWS)..............................................................166
M.WIWI-WB.0006: Introduction to Geographic Information Systems (6 C, 3 SWS)........................... 167
M.WIWI-WB.0009: Introduction to Qualitative Health Research in Low-and-Middle-Income Countries

(3 C, 2 SWS)....................................................................................................................................... 168
M.WIWI-WIN.0001: Modeling and System Development (6 C, 2 SWS)............................................. 170
M.WIWI-WIN.0004: Crucial Topics in Information Management (12 C, 2 SWS)................................ 172
M.WIWI-WIN.0008: Change & Run IT (6 C, 4 SWS)......................................................................... 173
M.WIWI-WIN.0019: Business Intelligence and Decision Support Systems (6 C, 3 SWS).................. 175

Module B.WIWI-BWL.0052 - Version 5
Georg-August-Universität Göttingen 6C
4 WLH
Module B.WIWI-BWL.0052: Logistic Management
Learning outcome, core skills: Workload:

The students Attendance time:
56 h
• are able to define the term “logistics” and to differentiate the functions and
Self-study time:
subareas of logistics.
• are able to classify the term “supply chain management” and derive the associated 124 h
goals.
• know the objectives and constraints of layout planning.
• are able to classify transport and vehicle routing within the logistical context.
• are able to use basic algorithms on simple problems of layout and transport
planning as well as vehicle routing.
• know the basic structures of queuing systems.
• are able to use simple calculations for queuing systems.
• are able to differentiate between the terms “storage requirement, functions, sorts
and techniques“.
• are able to define the procedure of order-picking, know the different requirements
and are able to define criteria for order-picking quality.
• are able to use methods for a model-based decisions support in the field of
operations research.
Courses:
1. Logistikmanagement (Lecture) 2 WLH
Contents:
In this lecture the fundamentals of logistics and logistics management are taught as an
important part of corporate management. The focus is on the model-based decision-
support in logistics. In particular, the areas of intra-company location planning, planning
of transport and vehicle routing, queuing theory and storage techniques as well as the
planning of the material flow are considered.
2. Logistikmanagement (Exercise) 2 WLH
Examination: Written examination (90 minutes) 6C
Examination requirements:
In the module exam the students prove knowledge in following areas:
• Fundamentals of logistics management

• Intra-company location planning
• Planning of transport and vehicle routing
• Queuing theory
• Storage and order-picking
• Application of basic algorithms on problems of above topics
Admission requirements: Recommended previous knowledge:

none Modul "Produktion und Logistik", Modul "Mathematik"
9
Language: Person responsible for module:

English Prof. Dr. Jutta Geldermann
Course frequency: Duration:

each winter semester 1 semester[s]
Number of repeat examinations permitted: Recommended semester:

twice 4-6
Maximum number of students:

not limited
10
2 WLH
Module B.WIWI-BWL.0078: Global Virtual Project Management

Students will be able to understand the concepts of project planning and organization, Attendance time:
conflict resolution and task management in a global virtual project environment. They will 28 h
learn concepts related to organizational workflow including the staffing process, project Self-study time:
planning elements and project communications. The course will also help students to 152 h
improve their written and oral communication skills through formal writing assignments
and group discussions.
Course: Project work 2 WLH

Contents:
The aim of this course is to provide students with insight into global project
management, managing cross-cultural teams, concepts of project planning as well as
concepts related to organizational workflow. Special emphasis will be put on a so-called
X-Culture project which provides students with an opportunity to experience global
virtual project work with students across the globe. Working in cross-cultural teams
for several weeks, students develop a business proposal. The task and the format of
teamwork, as well as the collaboration tools used by the teams, are reminiscent of those
used in the modern workplace, making the project a very realistic preview of work in
corporate global virtual teams.
Examination: Presentation (approx. 20 minutes) with written report (max. 20 6C

pages)
Experience of and ability to work on a global virtual project. Students need to give a
presentation and submit a written report.

none none
English Prof. Dr. Fabian Froese

every winter semester 1 semester[s]

twice 3-6

30
11
3 WLH
Module B.WIWI-BWL.0081: Selected Issues in Corporate Governan-
ce

The students shall understand typical issues associated with Corporate Governance Attendance time:
mechanisms. The goal is for students to take theoretical concepts as the basis for 42 h
analyses of real life Corporate Governance problems. An in-depth understanding of the Self-study time:
theory as well as their application in problem-solving is the aspired qualification. 138 h
Course: Selected Issues in Corporate Governance 3 WLH

Contents:
The seminar addresses typical issues associated with Corporate Governance
mechanisms and their respective interactions. Typical topics covered include incentive
systems and compensation contracts of top management teams, the co-existence and
cooperation of supervisory board and management in two-tier-systems or monitoring
incentives and abilities of owners. These issues are analyzed in depth and their
interdependencies as well as importance for the corporate world are discussed.
Examination: Presentation (approx. 30 min.) with written elaboration (max. 15 6C

pages per person) in groups of 2-3
Proof of knowledge of the theoretic basics in Corporate Governance as well as their
application to problems observable in the real world and solving of these problems;
critical discussion of the adequacy of the concepts in certain situations.

none none

English Dr. Jana Oehmichen

twice 3-6

20
12
2 WLH
Module B.WIWI-BWL.0082: Seminar Corporate Valuation

In this course, students deal with basic theoretical and practical problems in corporate Attendance time:
valuation based on capital market models. After an introduction into the topic, students 28 h
work for themselves on theoretical or practical problems in the field of corporate Self-study time:
valuation. They are expected to prove their knowledge by writing a thesis as well as 152 h
presenting and critically discussing their results.
Course: Seminar in Corporate Valuation (Seminar) 2 WLH
Examination: Presentation (approx. 50 minutes per group) with written elaboration 6 C

(max. 12 pages)
Examination prerequisites:
regular participation
Students are expected to prove their knowledge of scientific methods by writing a thesis
as well as presenting their results in groups.

none Basic knowledge in Finance as well as Cost and
Management Accounting and Financial Statements.

English Prof. Dr. Stefan Dierkes
Dr. Ulrich Schäfer


twice 4-5
20
13
2 WLH
Module B.WIWI-BWL.0084: Company Taxation in the European Uni-
on

Having attended this lecture the students Attendance time:
• know the basic terms and concepts of domestic taxation in Germany and other EU 28 h
Self-study time:
member states,
152 h
• know the basic terms and concepts of international taxation, especially the
alternative forms of foreign business activity and methods to prevent double
taxation,
• know basics of European legal forms,
• know significant ECJ decisions,
• know possibilities for further tax harmonization in the European Union,
• are able to identify main difficulties of group taxation in the European Union,
• are able to sum up the main aspects of corporate taxation in different member
states,
• are able to differentiate the international taxation of different foreign business
activities.
Course: Company Taxation in the European Union (Lecture) 2 WLH

Contents:
The lecture gives an overview of the business tax systems in the EU member states
and the basic structures of the relevant European law. It is the aim of this lecture that
students understand these tax systems and learn about the impact of EU tax law on tax
planning opportunities. Most notably students shall also focus on ways to harmonize
company taxation in the European Union as well as on the European Commission's
proposal of a common consolidated tax base.
Examination: Oral examination (approx. 30 minutes) 6C
Proof of ability about knowledge regarding company taxation in the EU member states
and the basic structures of the relevant European law. Furthermore the proof of ability to
understand the ways to harmonize company taxation in the European Union and on the
European Commission's proposal of a common consolidated tax base.

none Unternehmenssteuern I (B.WIWI-BWL.0001)

English Prof. Dr. Andreas Oestreicher


twice 4-6
14
2 WLH
Module B.WIWI-BWL.0087: International Marketing

After successful attendance the students should understand the foundations of Attendance time:
international marketing as well as the diverse environments of global markets. Moreover, 28 h
they should be able to assess global marketing opportunities and develop international Self-study time:
marketing strategies. 152 h
Course: International Marketing (Lecture) 2 WLH

Contents:
• Introduction to international marketing
• Social and cultural environments
• Political, legal, and regulatory environments
• Assessing global marketing opportunities
• International marketing strategy (country selection, entry-modes, international
marketing mix)
• Branding across cultures
The course conveys theoretical knowledge which is enriched by case studies.

Foundations of international marketing, social, cultural, political and legal environments
of global markets, assessing global marketing opportunities, developing international
marketing strategies, branding across cultures

none none

English Dr. Steffen Jahn

twice 3-6

not limited
15
4 WLH
Module B.WIWI-BWL.0088: International Business

Through learning about the opportunities and problems that are presented in a global Attendance time:
business environment, students will be better able to understand the dynamics of global 56 h
business. Key objectives include: Understanding the political, economic and cultural Self-study time:
differences in international business; Recognizing issues, problems and procedures 124 h
of international business operations in the global marketplace; Understanding how
companies deal with these issues; and Applying international business concepts to real
life examples (case studies).
Courses:
1. International Business (Lecture) 2 WLH
Contents:
This course is designed to provide a broad understanding of the scope and expansion
of the business operations of multinational corporations (MNCs) in a rapidly changing
global economy. Main topics include: The international business (IB) environment;
Corporate policy and Strategy ; and Management of international operations.
2. Case Study Discussion (Tutorial) 2 WLH

Contents:
The course will be based on case studies, readings, some presentations, and, above
all, the debate and the exchange of ideas and experiences. Throughout the course,
students will be encouraged to bring their insights and thoughts on the material assigned
into class discussion.

The final exam is divided into two parts: multiple-choice (40%) and essay portion
(60%). The multiple-choice questions will be based on the contents of the lectures and
assigned reading materials. In the essay portion, there will be three questions from
which you will choose two to answer. In the essays, you are expected to show that you
have understood a certain IB concept and demonstrate how it can be applied to a real
life example.

none none

English Prof. Jaime Bonache

every second semester 1 semester[s]

twice 3-6
16
not limited
17
4 WLH
Module B.WIWI-BWL.0089: Corporate Financial Management

After successful completion of the course students should be able to Attendance time:
56 h
• understand and analyze different financial instruments (debt, equity, and hybrids)
Self-study time:
available to a corporation.
124 h
• describe the debt characteristics and understand the global environment in which
debt is issued.- critically assess different financing alternatives.
• demonstrate a sound knowledge of different capital structure theories.
• understand and critically assess the process of capital structure optimization.
• understand the components of the cost of capital and why it might change over
time.
• critically apply the obtained knowledge to several realistic prob-lem sets.
In the accompanying practice sessions students deepen and broaden their knowledge
from lectures.
Courses:
1. Corporate Financial Management (Lecture) 2 WLH
Contents:
1. Introduction to corporate financial management
2. Equity financing: common stocks, IPOs, payout policies
3. Debt financing: corporate bonds, covenants, ABS
4. Capital structure & cost of capital
5. Hybrid financing: preferred stock, warrants & convertibles
2. Corporate Financial Management (Tutorial) 2 WLH
• Demonstrate a profound knowledge of equity, debt and hybrid instruments
available to corporations.
• Document an understanding of how strategic financing deci-sions affect company
value.
• Demonstrate the ability to analyze and evaluate the effect of capital structure
changes on the cost of capital and on compa-ny value.
• Show a profound understanding of methods and techniques to manage a
company's financing needs and tactical financing decisions.

none Modul "Einführung in die Finanzwirtschaft"
Modul "Finanzmärkte und Bewertung"

English Dr. Alexander Merz
18

twice 4-6

not limited
19
2 WLH
Module B.WIWI-BWL.0091: Asian Business and Economics

Due to the high growth rates in Asian countries and the intense economic ties between Attendance time:
Europe and Asia, the topic of "Asian Business and Economics" becomes nowadays 28 h
more and more important. Self-study time:
152 h
The objective of this course is to impart theoretical and practical knowledge about the
Asian continent from a business and economic perspective. The focus lies on the Asian
region, on the success factors of Asian companies and on teaching intercultural skills
that are needed to operate as foreign entrepreneurs or employees in Asia.
Beside the acquisition of theoretical knowledge of the management of Asian companies,

the students should be prepared for a future career in companies that have business
relations with Asia.
Course: Asian Business and Economics (Seminar) 2 WLH
Examination: Presentation (ca. 30 minutes) with written elaboration (max. 8.000 6C

words)
Proof of good skills about companies and their economic relations in Asia.

none none

English Yingying Zhang

twice 4-6

20
20
Module B.WIWI-VWL.0041 - Version 6
4 WLH
Module B.WIWI-VWL.0041: Introduction to Development Economics

Students get an overview of topics in development economics: Theories, Models, Attendance time:
Measurement, Policy relevance 56 h
Self-study time:
The idea is to introduce students to a relatively large number of interesting facts of
124 h
development economics.
Courses:
1. Introduction to Development Economics (Lecture) 2 WLH
Contents:
This undergraduate course, which will be taught in English, will deal with a wide range
of issues relevant to less developed countries.
In the beginning, the course gives an overview of the measurement and theories of
development of countries. Then it turns to special topics in development economics as
trade, population, agriculture, education and health. It concludes with the role of aid for
development and the measurement of the impact of development aid.
2. Introduction to Development Economics (Tutorial) 2 WLH
Contents:
The tutorial will focus on the analytical concepts discussed in the lecture, provide
practical examples and show case studies.
Examination: Written examination (90 minutes)
In the exam students need to demonstrate a good understanding of key theories of
development, empirical approaches to analyze economic development, and the role of
education, health, population, and agriculture in the development process.

none Macroeconomics I and II, Wachstum u. Entwicklung
(previous or concurrent enrollment is recommended)

English Prof. Stephan Klasen

every summer semester 1 semester[s]

twice 3-6

not limited
21
4 WLH
Module B.WIWI-VWL.0043: Political Economy

This course discusses mainly about the determination of economic policies in a Attendance time:
democracy, and focuses on modeling of policymaking in a representative democracy. 56 h
Elements of a political system that will be analyzed include voters, political parties, Self-study time:
interest groups and legislatures. Topics such as electoral competition, electoral 124 h
accountability, lobbying, legislative bargaining and special-interest politics are intended
to be studied.
Students learn a methodology to analyze political economic issues in a democracy.

They get familiar with the interaction between the elements of a political system, such as
voters, political parties and interest groups.
Courses:
1. Political Economy (Lecture) 2 WLH
2. Political Economy (Tutorial ) 2 WLH
Good knowledge of the concepts developed in the module and of the mathematical tools
used to analyze them

none Basic microeconomics, basic game theory

English Refik Emre Aytimur
irregular 1 semester[s]

twice 4-6

not limited
22
4 WLH
Module B.WIWI-VWL.0058: Industrial Organization Theory

Students will learn to analyze the causes and consequences of firm behavior in different Attendance time:
market structures. Students will also learn to evaluate the welfare consequences of 56 h
different types of firm strategies and of market structures. Students will gain experience Self-study time:
in analyzing economic issues in a formal and structured manner. 124 h
Courses:
1. Industrial Organization Theory (Lecture) 2 WLH
Contents:
This course includes mainly the analysis of firm behavior and market outcomes
under different forms of imperfect competition. The course focuses also on welfare
consequences. Special attention is given to the strategic aspects of firm behavior.
2. Industrial Organization Theory (Tutorial) 2 WLH

Understanding of the main concepts and techniques developed in lectures and tutorial
and ability to solve analytical exercises.

none Basic microeconomics, basic game theory



twice 3-6
not limited
Additional notes and regulations:

The courses "B.WIWI-VWL.0058: Industrial Organization Theoryare" and "B.WIWI-VWL.0038: Ausgewählte
Fragestellungen der Volkswirtschaftslehre: Industrial Organization Theory" are equal. Students can
conclude only one of these courses.
23
2 WLH
Module B.WIWI-VWL.0059: International Financial Markets

The course familiarizes students with the basic tools and concepts of international Attendance time:
finance, including the balance of payment, exchange rates and trade. It focuses 28 h
on understanding the international financial system. Further, aspects of financial Self-study time:
globalization and multilateral institutions will also be discussed. The course enables 152 h
students to follow to debate about the pros and cons of international financial markets
with a deeper and wider theory based background.
Course: International Financial Markets (Lecture) 2 WLH

Contents:
• Basic concepts
• Determining the exchange rate
• Short term risks and long-term concepts
• Exchange rate systems
• Financial Globalization
Students demonstrate a good understanding of the basic tools and concepts of
international finance.

none Econometrics I

English Prof. Dr. Tino Berger

twice 3-4

not limited
24
2 WLH
Module B.WIWI-VWL.0060: Intertemporal Choice and Saving

Students acquire knowledge of the most relevant determinants of economic agents’ Attendance time:
consumption and saving decisions, which is crucial to understanding several topics 28 h
involved in modern economic and political debates, like the relationship between capital Self-study time:
accumulation and economic growth. Further, students are expected to learn how to 152 h
apply their statistical knowledge to relevant economic questions.
Course: Intertemporal Choice and Saving (Lecture) 2 WLH

Contents:
This course aims at analyzing recent theoretical contributions on the economics of
intertemporal choice and saving, and their empirical counterparts. The main focus will be
on studying models of intertemporal and allocative choices of rational agents with a set
of preferences (defined over consumption and assets) and endowments. The statistical
and economic significance of the models’ predictions is also highlighted. Starting from
the well-known life-cycle and permanent income hypotheses, we will introduce and
investigate topics like credit market imperfections (e.g. rationing), income uncertainty
and its effects on optimal saving, the interplay of investment and consumption decisions,
fiscal incentives and social security.
Good understanding of the techniques, methodologies and frameworks
developed in the module, and ability to apply them to analyze economic
questions related to the intertemporal allocation of consumption and saving in
world of uncertainty and credit market imperfections.

none Microeconomic theory, Basic Mathematics and
Statistics
English Jun.-Prof. Dr. Marco Maria Sorge


twice 5-6
25
2 WLH
Module B.WIWI-VWL.0061: Dynamic Macroeconomics

Students are expected to become familiar with highly sophisticated Attendance time:
methodologies/frameworks through the lens of which scholars and policy 28 h
institutions look at aggregate macroeconomic phenomena, such as business Self-study time:
cycle fluctuations and the welfare effects of (monetary and/or fiscal) policy 152 h
changes.
Course: Dynamic Macroeconomics (Lecture) 2 WLH

Contents:
This course’s aim is to introduce students to the recent literature on business
cycle theory and econometrics. The course focuses on basic techniques for
constructing, solving and estimating (linearized) Dynamic Stochastic General
Equilibrium (DSGE) models, like e.g. the Kalman filter and Bayesian
estimation. Topics include, but are not limited to, the following:
i) Solving Rational Expectations (RE) models (e.g. Perturbation methods);
ii) Identification of linearized DSGE models;
v) Kalman filtering theory and ML estimation of linearized DSGE models.
Examination: Written Examination (90 minutes) 6C
developed in the module.

none Mathematics and Statistics, Basic Macroeconomics


twice 5-6

not limited
26
3 WLH
Module B.WIWI-VWL.0068: Aspects of European Integration

The students: Attendance time:
42 h
• Know the rationale for the EU Single Market programme.
Self-study time:
• Know basic methods and issues in assessing the impact on economic outcomes of
138 h
structural reform in labour and product markets.
• Understand the concepts of potential output and employment.
• Know the key features of the "European Semester".
• Know the ECB's main monetary policy instruments, policies and transmission
channels before, during and after the financial crisis.
• Understand the rationale for macro-prudential policies, supervision and resolution
of banks and financial institutions and know the main actors and instruments.
• Can discuss the main issues in establishing a "banking union" and a "capital
markets union".
• Know the key features of the EU fiscal governance system, its strengths and
weaknesses and options for reform.
• Can discuss the main economic forces behind the recent economic crisis and main
related issues in financial, fiscal and macro policies.
Courses:
1. Aspects of European Integration (Lecture) 2 WLH
Contents:
The first part of the course deals with main institutions, provisions and concepts
underpinning the EU single market. It reviews potential static and dynamic gains of
product and factor market integration, and considers stylised facts about EU trade
integration and migration. It introduces EU competition and state aid policies. It explains
the concepts of potential output and output gaps, and their link to macroeconomic and
structural policy analysis and EU economic governance.
The second part deals with key institutional and policy issues of monetary union and
financial markets. It discusses the pros and cons of a single currency and considers
the operation of the System of European Central Banks and main characteristics of
monetary policy in the euro area. Selective policy issues in financial market integration
are addressed, including essential reform measures taken in response to the financial
crisis. Attention is paid to the main drivers of the financial crisis.
The third part is devoted to fiscal policy and governance. It introduces main concepts for
fiscal policy assessment, such as structural government balances and the sustainability
of government finances, and discusses fiscal policy channels, potential externalities, EU
fiscal surveillance and approaches to secure sustainable government finances.
27
The last part considers EU economic performance targets and looks on key features of
EU economic surveillance and policy coordination.
2. Aspects of European Integration (Exercise) 1 WLH

Two term paper (max. 3 pages per term paper)
Students need to demonstrate a good understanding of the role of key regulatory and
macroeconomic polices and institutions for economic development of the European
Union and the euro area.

none Mikroökonomie I, Makroökonomie I

English Dr. Eckhard Wurzel


twice 4-6

not limited
28
4 WLH
Module B.WIWI-VWL.0069: Topics in Urban Economics

The students learn about core economic concepts of urban economics and familiarize Attendance time:
themselves with data sources that can be used to measure and investigate various 56 h
dimensions of urban and regional development. Students learn to visualize and analyze Self-study time:
urban and regional data and perform and document an own statistical analysis on a 124 h
selected topic.
Courses:
1. Topics in Urban Economics (Lecture) 2 WLH
Contents:
The lecture discusses issues of agglomeration and the development of cities, land-
use patterns, and a number of selected further issues related to urban transportation,
education, crime, environment, housing and local government. It introduces basic
concepts of urban economics and examines related global evidence.
2. Topics in Urban Economics (Exercise) 2 WLH
Contents:
The exercise introduces the statistical analysis of urban and regional data with the
help of the freely available statistical software R. The students learn about a number of
sources for urban (and other spatially explicit) data as well as basic data management
and mapping techniques in R, which prepare them for conducting a descriptive data
analysis on their own.
Examination: Practical examination with written elaboration (max. 15 pages) 6C
Each student chooses one topic related to the lecture, identifies relevant data sources,
compiles the data using the statistical software R and performs a descriptive analysis
of the data using the same statistical program. The exam consists of a documentation
of the analysis: students have to explain the problem they investigate and provide a
descriptive analysis including maps, graphs and tables.

none BA courses in Econometrics and Statistics
BA courses in Microeconomics

English Prof. Dr. Krisztina Kis-Katos


twice 4-5

25
29
3 WLH
Module B.WIWI-VWL.0070: International economic policy

The course introduces core areas of international economic policy. The students should Attendance time:
become familiar with the economic drivers of international cooperation (or the absence 42 h
of it) in various areas and should be able to discuss and evaluate economic arguments Self-study time:
with respect to current issues of international economic policy. 138 h
Courses:
1. International economic policy (Lecture) 2 WLH
Contents:
The lecture covers a range of issues related to international cooperation: among others,
international trade agreements, international environmental agreements, and the role of
supra-national institutions (focusing among others on the institutions of the European
Union).
2. International economic policy (Exercise) 2 WLH
Contents:
The exercise sessions discuss issues related to the course material (in form of problem
solving and discussing descriptive evidence and current issues) and contain a block
session with a simulated policy debate.
The exam tests the understanding of economic arguments addressing the drivers of
international cooperation as well as the arising problems.

none Courses on Microeconomics and Macroeconomics,
International Economics


twice 3-6

not limited
30
Module B.WIWI-WB.0003 - Version 2
2 WLH
Module B.WIWI-WB.0003: Introduction to Stata

Students will obtain the necessary skills to conduct their own empirical analysis with the Attendance time:
statistical software package Stata. 28 h
Self-study time:
62 h
Course: Computer lab sessions 2 WLH

Contents:
The course covers the main functionalities of Stata: basic syntax, trouble-shooting,
loading and examining data, workflow considerations, combining datasets, regressions,
and graphs. Depending on time availability, students may also be introduced to
somewhat more advanced topics (e.g. the basics of Stata programming).
Examination: Practical examination 3C

Students are required to complete an empirical project and submit the code and thus
show that they are able to conduct basic empirical analysis based with the software.

none Introductory Econometrics/Statistics


every semester 1 semester[s]

twice 4-6
20

The course is suitable for advanced BA, who have no or at most limited knowledge of STATA. However,
it is strongly recommended that students have acquired a solid knowledge of main ideas in statistics and
econometrics.
31
Module M.MED.0001 - Version 3
6 WLH
Module M.MED.0001: Linear Models and their mathematical Founda-
tions

Contents Attendance time:
Tests for multiple samples, multivariate normal distribution, 84 h
distribution of quadratic forms, Self-study time:
linear regression models, ANOVA models, ordinary and generalized least squares 186 h
estimators, formulation of hypotheses, F-test, confidence intervals for model parameters,
singular models, factorial designs, asymptotic methods
The students learn to

- master the fundamental methods for data analysis in case of multiple samples,
- conduct an analysis of variance using statistical software,
- interpret the results.
Courses:
1. Lineare Modelle (Lecture) 4 WLH
2. Lineare Modelle (Exercise) 2 WLH
Examination: Written examination (90 minutes) or oral examination (approx. 20 9C

minutes)
Achievement of at least 50% of the exercise points
In the examination, the students show that for the given problem they can formulate an
adequate linear model, estimate its parameters and test hypotheses using a statistical
software package. Moreover, they can interpret the results and critically assess them.
The examination consists (to the same extent) of both the Lectures and Exercises.

none Mathematische Grundlagen der angewandten
Statistik

English Prof. Dr. Tim Friede

once a year 1 semester[s]

twice 1

30

The actual examination type will be published at the beginning of the semester.
32
4 WLH
Module M.MED.0003: Event data analysis

Inhalt: Attendance time:
56 h
Kaplan-Meier estimator of survival functions, confidence intervals for Kaplan-Meier
Self-study time:
curves, hypothesis tests comparing survival curves, Cox proportional hazards model,
124 h
parametric alternatives to the Cox proportional hazards model, counting processes,
diagnostic methods for proportional hazards, frailty models, multivariate survival models,
models for recurrent events
Qualifikationsziele:
The students
• learn about the foundations and general principles of event data analysis
• get familiar with standard and more advanced methods for event data analysis
• learn how to implement these methods in statistical software using appropriate
numerical procedures.
Courses:
1. Ereigniszeitanalyse (Lecture) 2 WLH
2. Ereigniszeitanalyse (Exercise) 2 WLH

minutes)
The students demonstrate their general understanding of statistical models and data
analysis techniques for event data analysis. For a given problem they can critically
assess the advantages and disadvantages of various models. Furthermore, they can fit
an appropriate model using statistical software and interpret the results correctly for a
given problem. The exam covers contents of both the lecture and the exercise class.

keine none



twice 2-3

not limited
33

34
4 WLH
Module M.MED.0004: Clinical Trials

Inhalt: Attendance time:
56 h
Classification of clinical trials by purpose and development phase, clinical study
Self-study time:
protocol, randomization, treatment blinding, international guidelines on design, conduct
124 h
and analysis of clinical trials, ethical issues in clinical trials, crossover trials, sample
size calculation, internal pilot study design, group-sequential and adaptive designs,
systematic reviews and meta-analyses of randomized controlled clinical trials.
Qualifikationsziele:
The students
• learn about the foundations and general principles of design, conduct and analysis
of clinical trials
• get familiar with software to design clinical trials
• learn how to carry out a meta-analysis using appropriate software.
Courses:
1. Clinical Trials (Lecture) 2 WLH
2. Clinical Trials (Exercise) 2 WLH

minutes)
The students demonstrate their understanding of design, conduct and analysis of
clinical trials. For a given problem they can critically assess the advantages and
disadvantages of various study designs. They can plan a study using appropriate
software. Furthermore, they can carry out a meta-analysis of randomized controlled
trials, assess it for biases and heterogeneity, and interpret the results. The exam covers
contents of both the lecture and the exercise class.

none none



twice 1-3

not limited
35

36
4 WLH
Module M.MED.0006: Genetic Epidemiology

Studies in molecular / genetic epidemiology are investigating possible genetic Attendance time:
components that are contributing to a disease or, more general, to a phenotype. The 56 h
studies include population studies and family studies. Self-study time:
124 h
The difference with classical epidemiology is mainly given by the incorporation of
correlations of the genetic structures and of family members or close populations and
by the highdimensionality oft many studies. The course will discuss the most important
study types and statistical and epidemiological methods. The lecture will also give
necessary introductions to genetics as well as epidemiology.
The students learn about
• the description of genetically co-determined phenotypes for diseases in

populations and families
• the discovery of risk faktors that are on one hand associated with the phenotype in
the population or on the other hand provoke familial aggregations
• the modelling of the role of genetic risk faktors for diseases on the population and
family level
• the prediction or risk calculation based on populations or families.
Courses:
1. Genetic Epidemiology (Lecture) 2 WLH
2. Genetic Epidemiology (Exercise) 2 WLH
Examination: 1st part examination: ca. 30 minutes oral presentation and written 6C
draft (max.10 pages) - contents: critics of the references of 1-2 scientific articles.
2nd part examination: oral examination (ca. 20 minutes)
Constant attandance of excercises (80%). At least 50% of the earned points at regular
homeworks.
1. part examination: In the talk together with the write-up they demonstrate that they can
apply their knowledge and understanding in the context of a literature by demonstrating
an understanding of the study goals, the recruitment, the study design, the materials,
the methods and the results. For all this an understanding of why investigators took
certain choices and why certain aspects are good or bad are expected in the critique. In
particular it is also expected that basic principle of the methods will be understand and
looked up even if they are extensions of the direct material covered in class.
2nd part exmination: The students demonstrate their general understanding of genetic
and statistical models
and designs. They know about the advantages and disadvantages of the different
research questions and designs. They know the general properties of the statistical
37
approaches and can critically assess the appropriateness for specific problems and
apply them. The exam covers contents of both the lecture and the exercise class.
The students demonstrate their general understanding of genetic and statistical models
and designs. They know about the advantages and disadvantages of the different
research questions and designs. They know the general properties of the statistical
approaches and can critically assess the appropriateness for specific problems and
apply them. The exam covers contents of both the lecture and the exercise class.

none none

English Prof. Dr. Heike Bickeböller


twice 1-3

not limited
38
Module M.WIWI-BWL.0004 - Version 8
4 WLH
Module M.WIWI-BWL.0004: Financial Risk Management

After a successful completion of the course students should be able to Attendance time:
56 h
• understand and explain how risk management is related to other issues in
Self-study time:
corporate finance.
124 h
• critically assess different motivations for corporate risk management.
• understand and critically assess different risk measures and how they are applied
in practice.
• understand and explain how international risks can be managed and how the
management of international risks is related to various economic parity conditions.
• understand, analyze and critically apply measures and methods to manage interest
rate risk.
• understand, analyze and critically apply measures and methods to manage credit
risk.
• understand, analyze and critically apply hedging strategies for commodity price
risk.
Courses:
1. Financial Risk Management (Lecture) 2 WLH
Contents:
1. Introduction
2. Risk Management: Motivation and Strategies
3. Managing International Risks
4. Managing Interest Rate Risk
5. Managing Credit Risk
6. Managing Commodity Price Risk
Parts of the material covered by the lectures will be transmitted via recordings that
students have to work through on their own. Parts of the contact hours during lectures
will be used by the students to discuss open issues and to work on specific cases and
applications of the main concepts.
2. Financial Risk Management (Tutorial) 2 WLH
Contents:
In the accompanying practice sessions students deepen and broaden their knowledge
from the lectures.
• Demonstrate a profound knowledge of how risk management is related to other
issues in corporate finance.
• Document an understanding of viable reasons for corporate risk management and
how corporate risk management can create value.
• Demonstrate the ability to analyze and apply different risk measures.
39
• Show a profound understanding of methods and techniques used to manage

international risks, interest rate risk, credit risk, and commodity price risk.

none Modul "Finanzwirtschaft"

English Prof. Dr. Olaf Korn

Generally every winter semester during the first half 1 semester[s]
of the semester

twice 2-3

not limited
40
4 WLH
Module M.WIWI-BWL.0018: Analysis of IFRS Financial Statements

The aim of this course is to familiarize students with contemporary methods of financial Attendance time:
statement analysis and accounting-based valuation. Special emphasis will be put on (1) 56 h
the interrelation between valuation theory and accounting, (2) relevant characteristics Self-study time:
of financial statements prepared on the basis of International Financial Reporting 124 h
Standards (IFRS), and (3) application of the valuation and analysis framework to real
world cases and examples. The course will discuss several approaches to valuation
of equity and debt investments and their respective merits. Based on the concept of
accounting-based valuation, an analytical framework for analysis of financial statements
will be developed, with an emphasis on ratio analysis of profitability and growth. The
role of accounting and accounting quality in general, and with respect to International
Financial Reporting Standards (IFRS), will be assessed throughout the course.
Successful participants of this course are expected to be familiar with contemporary
methods of equity valuation, the use of financial statement information to that end, and
the application of that knowledge to real-world valuation cases.
Courses:
1. Analysis of IFRS Financial Statements (Lecture) 2 WLH
Contents:
I. Foundations of Financial Statement Analysis
II. IFRS Financial Statements
III. Valuation Methods
IV. Analysis of Financial Statements

V. Forecasting and Valuation Analysis
2. Analysis of IFRS Financial Statements (Tutorial) 2 WLH
In order to accomplish successfully this course, students are expected to be familiar
• with contemporary methods of equity valuation,

• the use of financial statement information to that end, and
• the application of that knowledge to real-world valuation cases.

none Modul "Rechnungslegung"

English Prof. Dr. Jörg-Markus Hitz

41
twice 2-3

not limited
42
2 WLH
Module M.WIWI-BWL.0020: Risk Management and Solvency

• Knowledge and understanding of the functions and elements of a risk management Attendance time:
system, of the risk potentials and its valuation of an insurance company; 28 h
• Knowledge of the legal requirements regarding risk management and solvency, Self-study time:
especially Solvency II; 152 h
• Knowledge of the relevant techniques used in risk management of an insurance
company (stress tests, ALM, Embedded Value, actuarial analysis, Value Based
Management);
• Understanding of the relevant methods used in the balance sheet of an insurance
company (HGB, IFRS, solvency balance sheet);
• Ability to develop simple task settings independently with regard to risk
management and solvency
Course: Risk Management and Solvency (Lecture) 2 WLH

Contents:
• Role and components of a risk management system
• Legal requirements: MaRisk, stress tests, actuarial reporting, market consistent
valuation (IFRS)
• Solvency requirements (Solvency I, Solvency II)
• Value Based Management, Embedded Value, Asset Liability Management (ALM)
• Document a knowledge and understanding of the functions and instruments of risk
management and of the valuation of risk potentials;
• Demonstrate a knowledge and understanding of quantitative and qualitative
requirements of the solvency regime;
• Demonstrate a knowledge and understanding of market consistent valuation within
solvency, HGB,IFRS;
• Demonstrate the ability for simple calculations with regard to risk management and
solvency.

none none

English Prof. Dr. Martin Balleer


twice 1-3
43
not limited
44
4 WLH
Module M.WIWI-BWL.0075: Pricing Strategy

After successful attendance the students should be able to implement the most Attendance time:
important determinants of pricing policy and pricing management, as well as to apply 56 h
selected marketing techniques, marketing strategies, psychological and economic Self-study time:
theories for the analysis of optimal pricing strategies. Further, the students learn to 124 h
investigate the pricing strategy from a B2B and B2C perspective, completed on case
studies and caselets.
Courses:
1. Pricing strategy (Lecture) 2 WLH
Contents:
• Introduction to pricing strategy
• Value creation
• Market segmentation and pricing structure
• Price adjustment
• Pricing strategy and price level
• Cost and financial analysis
The course's conveyed theoretical knowledge is practiced and consolidated with the
help of case studies
2. Pricing strategy (Exercise) 2 WLH
Tactics of pricing policy, pricing strategies, Calculation of the economic value of
products, pricing mechanisms, financial analysis, pricing mechanisms in competition

none none

English Prof. Dr. Yasemin Boztug

every second winter semester 1 semester[s]

twice 1-4

not limited
45
3 WLH
Module M.WIWI-BWL.0109: International Human Resource Manage-
ment

Students get insights into major topics of Human Resource Management (HRM) in an Attendance time:
international context. The course will introduce the context international managers need 42 h
to consider, e.g. cultural differences, and major HRM functions, e.g. global staffing. The Self-study time:
course consists of lectures and tutorials. Lectures will provide an introduction to relevant 138 h
aspects of HRM in an international context. Tutorials will help students to discuss and
transfer knowledge between theory and practice.
Courses:
1. International Human Resource Management (Lecture) 2 WLH
2. International Human Resource Management (Tutorial) 1 WLH

Demonstrate a profound knowledge of and ability to manage challenges in international
HRM.

none none



twice 1-3
not limited
46
2 WLH
Module M.WIWI-BWL.0110: Strategic Human Resource Development

Students will understand the relationship between strategy and human resource Attendance time:
development and the different models as well as tasks and phases of human resource 28 h
development. By using an innovative approach the students will be enabled to plan and Self-study time:
evaluate measures of human resource development in practice. In the past we have 152 h
covered e.g.:
• Strategic approaches to human resource development

• Didactics and methods of training
• Competency management
• Qualitative and quantitative analysis of training needs and diagnostics
• Forms of human resource development
• Ensuring Transfer
• Quality management and controlling
• Case: Design of a development measure
• Leadership Development
• Talent management
• Coaching/ Mentoring
• Development of (leadership-)teams
• Organizational development
Course: Strategic Human Resource Development (Seminar) 2 WLH

Contents:
To achieve strategic goals companies need to recruit, retain and develop the
right employees. In this regard the seminar focuses on strategic human resource
development as one important driver of successful strategy implementation. The
seminar provides an overview of the objectives, phases and measures of personnel and
leadership development and introduces the students to different methods of training.
The seminar is praxis-oriented and fosters individual application and transfer. It has
a significant practical element as students will carry out their own training designs
and present them to the class. Therefore, in the beginning, basics of human resource
development will be covered by the lecturer and an overview of training methods will be
given. Building on this, groups of students will present their own topic.
Examination: Presentation (approx. 60 minutes) and written elaboration (max. 20 6 C

pages)
To pass the course students have to write a seminar paper and give a presentation.
They have to prove, that they are able to systematically apply their knowledge of training
design. Attendance is mandatory.

none Basic knowledge of Human Resource Management
47

English Anna Katharina Bader


twice 2-4

20
48
2 WLH
Module M.WIWI-BWL.0111: Selected Topics in Asian Business and
Management

After attending this seminar, students will be able to analyse contemporary Asian Attendance time:
business and management issues. The course will also give guidance on academic 28 h
writing. Self-study time:
152 h
Course: Selected Topics in Asian Business and Management (Seminar) 2 WLH

Contents:
The rapidly growing presence of Asian countries in the modern economy and
intensifying business ties between Europe and Asia necessitate thorough academic
research and understanding of Asian business and management. The seminar will
place particular focus on selected Asian countries, e.g. China, Japan, South Korea,
and Indonesia. It will cover research fields related to Asian business and management
issues (e.g. market entry, employee retention, expatriates, M&A). This seminar will
also provide a platform for interdisciplinary approaches and comparative research of
respective countries.
Examination: Presentation (approx. 30 minutes) and term paper (max. 7000 words) 6 C
Demonstrate profound knowledge of a specific topic in Asian business and
management. Present and write a research paper.

none Asian Business and Management (lecture)


twice 2-3

20
49
4 WLH
Module M.WIWI-BWL.0112: Corporate Development

Students… Attendance time:
56 h
• are familiar with different perspectives and drivers of corporate development.
Self-study time:
• can identify and define options of action and strategies for the development of
124 h
companies and the conditions necessary to obtain success.
• know tools and measures important for the control of innovative activities in
companies.
• apply the tools and concepts that have been acquired in order to analyze as well
as to tackle case studies.
• are able to deal with the ambiguity of real situations and make reasonable
decisions.
Courses:
1. Corporate Development (Lecture) 2 WLH
Contents:
This course introduces models and strategies of corporate development:
• Core topics and practical relevance of corporate development
• Models and processes of corporate development
• Strategies of corporate development in a globalized world, direction of growth and
shift of boundaries of companies
• Innovation strategies and management
2. Corporate Development (Exercise) 2 WLH
Contents:
The tutorial complements the lecture. Students learn how to apply tools and concepts
in order to analyze and tackle case studies and how to deal with the ambiguity of real
situations.
Demonstrate a profound knowledge of and ability to manage challenges in corporate
development.

none none

English Prof. Dr. Indre Maurer


twice 1-3
50

not limited
51
2 WLH
Module M.WIWI-BWL.0115: Human Resource Management Seminar

In this seminar, students should independently and systematically work on a current Attendance time:
topic in human resource management (HRM). Students can select among different 28 h
topics regarding HRM and are supposed to prepare a research paper. Self-study time:
152 h
Course: Human Resource Management Seminar (Seminar) 2 WLH

Contents:
The objective of this seminar is to encourage students to approach a current HRM
topic from a scientific perspective. Students can also improve their communication and
presentation skills while discussing the work of their peers and presenting their own
research project. This seminar might further prepare students to write a master thesis.
The seminar paper can be written in English or German.
Examination: Presentation (approx. 30 minutes) and term paper (max. 7000 words) 6 C
Demonstrate a profound knowledge of a specific topic in HRM and ability to develop
theoretical and practical implications.

none Modul "International Human Resource
Management", Modul "Survey Research"

German, English Prof. Dr. Fabian Froese

each summer semester 1 semester[s]
twice 2-3

20
52
2 WLH
Module M.WIWI-BWL.0116: Asian Business and Management

Due to the rapid growth of Asian countries in the modern economy and intense business Attendance time:
ties between Europe and Asia knowledge about Asian business and management has 28 h
become important. Self-study time:
152 h
This course aims at increasing the understanding of Asian business and management.
Students will learn about the economic environments, success factors of major Asian
companies and how foreign companies and managers can succeed in selected Asian
countries, e.g. China, South Korea, and Japan.
Course: Asian Business and Management (Lecture) 2 WLH

Demonstrate knowledge of Asian business and management.

none none



twice 1-3

not limited
53
2 WLH
Module M.WIWI-BWL.0118: Survey Research

This seminar provides an overview of the whole process of a survey research project, Attendance time:
including survey design, implementation, and statistical analyses. Students will learn 28 h
theoretical foundations as well as practical application of statistical methods, which Self-study time:
provide them the knowledge to conduct and analyze survey results by using statistical 152 h
software, such as SPSS and AMOS.
The seminar should prepare students to conduct empirical research projects, e.g. as
part of a master thesis, according to scientific standards.
Course: Survey Research (Seminar) 2 WLH
Examination: Presentation (approx. 20 minutes) with written elaboration (max. 6C

8000 words)
To pass the course, students have to write a seminar paper and give a final
presentation. They have to demonstrate that they are able to systematically apply their
knowledge of survey research methods.

none none



twice 1-3
20
54
2 WLH
Module M.WIWI-BWL.0122: Cross-Cultural Management

Cross-Cultural Management is an interdisciplinary field of study which aims to improve Attendance time:
communication, management and interaction of people from different cultures. Through 28 h
the increased globalization of the economy, cross-border ventures, global relocations Self-study time:
and the increased use of e-commerce, many businesses are finding that managing 152 h
cultural differences can be a key factor in obtaining their objectives.
The lecture itself deals with several key competencies and methods the students will
need when working with/in different cultures.
Course: Cross-Cultural Management (Lecture) 2 WLH
Proof of knowledge of the various characteristics, methods and problems in cross-
cultural management.

none none



twice 1-3
55
2 WLH
Module M.WIWI-BWL.0123: Tax Transfer Pricing

Having attended this lecture series the students Attendance time:
• know the basic fundamentals of international tax transfer pricing including the legal 28 h
Self-study time:
basis for adjusting income,
152 h
• are familiar with the OECD transfer pricing guidelines and selected German
equivalents,
• know the methods to determine transfer prices,
• know possibilities and limitations of profit shifting via transfer pricing,
• gain an insight into the extent of profit shifting via transfer pricing by examining
relevant empirical and experimental literature,
• are competent in using different methods of calculating transfer prices for tax
purposes,
• are in a position to assess the appropriateness of transfer pricing mechanisms and
to apply transfer pricing methods.
Course: Tax Transfer Pricing (Lecture) 2 WLH

Contents:
The lecture series gives an overview of the fundamentals of transfer pricing. It is the
aim of the series that students gain understanding of the institutional background
of international tax transfer pricing taking into account the allocation of functions,
assets and risks among affiliated companies. Students should also learn about the
opportunities and limitations of tax planning via transfer pricing. Furthermore, the series
provides insights into empirical and experimental studies dealing with profit shifting via
transfer pricing.

Evidence of knowledge on institutional framework conditions concerning tax transfer
pricing, tax planning on the basis of transfer pricing, and limitations to profit shifting via
transfer pricing.

none Modul "Grundlagen der internationalen
Unternehmensbesteuerung" (M.WIWI-BWL.0105)



twice 2-4

32
56
2 WLH
Module M.WIWI-BWL.0125: International Organizational Behavior

This seminar is an inter-disciplinary examination of the international dimensions of Attendance time:
organizational behavior. The course content includes topics such as cross-cultural 28 h
management, cross-cultural communication, and global aspects of leadership, Self-study time:
motivation, team management, and decision-making. 152 h
The seminar will deal with topics within the field of „Organizational Behavior” in an
international context. The course will enable the students to develop transferable
skills suitable for engaging with the challenges of employment/self-employment
within the global economy. Comprehensive understanding of the processes of
globalization in the 21st century and their implications for the business person. They
will gain comprehensive knowledge and skills for successful careers in multinational
corporations, non-governmental organizations, and academic institutions
Course: International Organizational Behavior (Seminar) 2 WLH
Examination: Presentation (approx. 30 minutes) with written elaboration (max. 6C

8.000 words)
Demonstration of in-depth knowledge regarding the "International Management"
research and development and of theoretical and practical implications obtaining from
your own research project.

none Lecture “Organizational Behavior”
Lecture „International Human Resource

Management“


twice 2-3

20
57
2 WLH
Module M.WIWI-BWL.0126: Consumer Science & Public Policy

After successful attendance the students should understand the public policy Attendance time:
implications of consumer behavior. Moreover, they should be able to craft concrete 28 h
policy suggestions based on recent consumer research. Self-study time:
152 h
Course: Consumer Science & Public Policy (lecture) 2 WLH

Contents:
The course consists of two parts, a lecture and a presentation of a term paper.
Lecture content:
• Introduction to consumer science & public policy
• Transformative consumer research
• Nutrition and health
• Consumer vulnerability and protection
• Ethics and social responsibility

Health marketing, food marketing, ethics, consumer protection, transformative consumer
research
Examination: Presentation (approx. 20 minutes) with written elaboration (max. 12 3C

pages)
The term paper will contain a summary of selected research on a given topic (consumer
science part). Moreover, participants are expected to critically discuss current policies in
consumer science and to formulate additional public policy implications. The papers will
be presented in class.

none none

English Prof. Dr. Yasemin Boztug
Dr. Steffen Jahn

every winter term 1 semester[s]

twice 2-4

30
58
2 WLH
Module M.WIWI-BWL.0129: International Management Research Se-
minar

The participants aim to improve their communication and presentation skills. Scientific Attendance time:
methodology knowledge, what they need later for their own thesis, will be provided in the 28 h
seminar. Self-study time:
152 h
Course: International Management Research Seminar 2 WLH

Contents:
In this research seminar, the Master students should work independently and
systematically on a research question. The participants can choose one of the current
themes from the area of "International Management" or choose their own research topic
from a related field.
Examination: Presentation (ca. 30 minutes) with written elaboration (max. 8.000 6C

words)
Demonstration of in-depth knowledge regarding the "International Management"
research and development and of theoretical and practical implications obtaining from
your own research project.

none Lecture “Organizational Behavior”,
Lecture „International Human Resource

Management“

English Prof. Israel Drori

twice 2-3

20
59
2 WLH
Module M.WIWI-BWL.0130: Doing Business in Asia

Students are brought closer to the business activities, as well as their influence, of the Attendance time:
latest developments within the legal framework for market entry in the countries of South 28 h
and East Asia. Self-study time:
152 h
Furthermore, strategic and operational management measures for the Asian region are
taught and supported with practical examples. Predominantly, the focus is going to be
on China (winter semester 2015/2016).
Beside the acquisition of theoretical knowledge of the management of Asian companies,

the students should be prepared for a future career in companies that have business
relations with Asia.
Course: Doing Business in Asia (lecture) 2 WLH
Proof of knowledge of the various characteristics, methods and problems in Asian
Business.

none none

English Yingying Zhang

twice 1-3

not limited
60
2 WLH
Module M.WIWI-BWL.0133: Banking Supervision

After a successful completion of the course students should be able to Attendance time:
28 h
• understand and explain how banking supervision has developed over time and
Self-study time:
how it differs across jurisdictions
152 h
• understand, explain and critically apply standard measures and methods of
banking supervision
• understand and explain the Euro area banking union
• understand, explain and critically apply key concepts in banking regulation
• understand, explain and critically apply key measures and methods to assess the
risks of financial institutions
• understand and explain micro-and macroprudential supervision and their
differences
Course: Banking Supervision (Lecture) 2 WLH

Contents:
1. Introduction (e.g. banking structure)
2. Foundations of banking supervision
• Historical developments
• Comparison across different jurisdictions
3. Banking Union – SSM

4. Banking Regulation
• Basel III, CRDIV/CRR

• ASFR model by Gordy
• Further requirements on banks
5. SSM Guide on banking supervision
• How is banking supervision applied?
6. Risk Analysis
• Stress testing
• Bank Rating
7. Microprudential versus macroprudential supervision
• Document an understanding how banking supervision has developed over time
and how it differs across jurisdictions
• Demonstrate a profound knowledge of standard measures and methods of banking
supervision
• Show an understanding of the Euro area banking union
61
• Demonstrate the ability to explain and to some extent to apply key concepts in
banking regulation
• Document the knowledge to apply key measures and methods to assess the risks
of financial institutions and to interpret the obtained results appropriately
• Document an understanding of micro-and macroprudential supervision and their
differences

none Modul Finanzwirtschaft, Modul Financial Risk
Managmenet, Modul Rechnungslegung der
Kreditinstitute

English Dr. Philipp Koziol


twice 2-3

not limited
62
2 WLH
Module M.WIWI-BWL.0134: Panel Data Analysis in Marketing

After successful attendance the students will understand the methodological principles Attendance time:
of panel data modeling, especially in the context of consumer behavior and marketing- 28 h
mix models. Self-study time:
152 h
Further, they will be able to conduct own panel data analyses using the statistical
programming language R.
Course: Panel Data Analysis in Marketing (Lecture with exercise) 2 WLH

Contents:
• Introduction to R
• Refreshment in Regression Analysis
• Fixed Effects Models
• Random Effects Models
• Dynamic Panel Models
The course is open to Master and Ph.D. students.
Examination: Term Paper (max. 12 pages) 6C
The term paper will contain a self-conducted empirical project. Students will be provided
with empirical data, but are welcome to analyze own projects. Students are advised to
use the statistical programming language R, but can be allowed to use different statistics
software in exceptional cases.
Theoretical, methodological and empirical elaboration of a selected topic in panel data

analysis with focus on consumer behavior and/or marketing-mix modeling.

none Basics in inferential statistics
English Dr. Ossama Elshiewy


twice 2-4

25
63
2 WLH
Module M.WIWI-BWL.0135: Digital Innovations and Design Thinking

At the end of this active-learning based course, the student is expected to: Attendance time:
28 h
• Comprehend the opportunities created by digital innovations
Self-study time:
• Understand and apply the process for design thinking
152 h
• Design digital solutions to meet customer needs
• Design and evaluate entrepreneurial action
Course: Digital Innovations and Design Thinking (Lecture) 2 WLH

Contents:
With technology disrupting firms and increasingly, entire industries, the imperative is for
students to have a deep understanding of digital innovations that are likely to shape the
future and have the capacity to innovate.
This project-based interdisciplinary course positioned at the intersection of digital

innovations, design thinking and entrepreneurship is aimed at delivering the
competencies demanded by businesses, non-profits and government agencies alike –
an understanding of transformational opportunities created by digital technologies and
the capacity to innovate.
To help students build the capacity to innovate, the course uses the design thinking
framework developed at Stanford University and widely used across the world today.

pages total, divided into three parts)
To pass the course, students have to write a seminar paper and give a related
presentation. They have to demonstrate that they are able to systematically apply their
knowledge of digital innovations and design thinking.

none Basic knowledge of Business Administration and
Information Management.

English Prof. Balaji Rajagopalan, PhD.

each second semester 1 semester[s]

twice 1-4
64
16
65
2 WLH
Module M.WIWI-BWL.0136: Digital Transformation

This course aims to develop a cross-functional and managerial understanding of digital Attendance time:
transformation of business. Specifically, participants in this course are expected to learn 28 h
about: Self-study time:
• What concepts, frameworks, and tools can guide the general manager in executing 152 h
a digital transformation initiative?
• How can digital capabilities inside an incumbent firm facing potential digital
disruption be built and fostered to compete?
• What are the main digital drivers (e.g., cloud, social, mobile, big data) that underlie
current changes in society/business?
• What is the business impact of these digital drivers at the level of markets,
business models, and individual work practices?
• How should managers reinforce existing and foster new capabilities to be able to
drive digital transformation initiatives?
Course: Digital Transformation (Lecture) 2 WLH

Contents:
Until recently, the knowledge of Information Technology (IT) and its application in
the enterprise had been confined to the IT department. Not anymore. Today –in the
Digital Age– successful business manager must not only know how to interpret a P&L
statement and read a balance sheet, but also understand “digital” and anticipate its
impact on business.
The Digital Age, fueled by the drastic reduction in the cost of processing, storage, and
communication, is creating a high-density digital. Technology today is both available
and affordable. This creates a new phenomenon where individuals incorporate cutting-
edge digital technologies in their personal lives before businesses get a chance to adopt
and implement them. In a way, this leads to a new kind of digital divide -that between
society and business. Customers and employees of the younger generation come with
new expectations that companies are not prepared to meet.
To address this challenge, today’s business leaders must be able to think digital.
Thinking digital does not equal thinking IT. Digital focuses much less on process
automation, transactions, and efficiency, and much more on creating new value-added
experiences and interactions with customers, employees and business partners.
Ultimately, it enables the firm to generate new revenue by finding unique ways to
combine its physical and digital resources.
66
In order to accomplish successfully this course, students are expected to document an

understanding of:
• Main digital drivers and their impact on society/business

• Digital capabilities needed to face potential digital disruptions
• Concepts and frameworks of digital transformation initiatives
• Managerial capabilities needed to address digital transformation initiatives

none Basic knowledge of Business Administration and
Information Management

English Prof. Dr. Robert Wayne Gregory


twice 1-4

30

Teilnehmerbegrenzung der „Vorlesung“ aufgrund der Fallstudien.
67
2 WLH
Module M.WIWI-BWL.0137: Electronic Commerce Systems

Upon completing this course the student will be able to: Attendance time:
28 h
1. Explain the characteristics and functions of electronic commerce including mobile
Self-study time:
commerce.
152 h
2. Describe the process of developing electronic commerce sites and mobile commerce
applications.
3. Implement an electronic commerce site using open source software.

4. Explain fundamental characteristics of electronic markets.
5. Describe common business models used in B2C and B2B electronic commerce.
6. Describe security and payment in electronic commerce including mobile commerce.
7. Describe the technology used in mobile commerce.
8. List common applications in mobile commerce.
9. Speculate on the future of electronic commerce.
Course: Electronic Commerce Systems 2 WLH

Contents:
This course examines the concepts, technology, and applications of electronic
commerce, or e-commerce. Students are to work in teams to plan an e-commerce
site for a real or hypothetical business and implement the site using PrestaShop.
Students are to present their plan and implementation in a written report and in an oral
presentation using PowerPoint.

Practical examination and presentation (approx. 45 minutes)
To pass the course, students have to demonstrate that they are able to systematically
apply their knowledge of the conceptual and technological foundations of e-commerce.

none Students should have a basic understanding of
information systems, the Internet, and the Web.

English Prof. Robert C. Nickerson


twice 1-4
68

20
69
2 WLH
Module M.WIWI-BWL.0139: Discrete Choice Modeling

A comprehensive course for advanced discrete choice analysis (stated vs revealed Attendance time:
choice, cross-sectional vs repeated data, Logit, Probit, GEV, Mixed models, classic vs. 28 h
Bayesian estimation, etc.) Self-study time:
152 h
Students will be able to apply own discrete choice models using the statistical
programming language R.
Course: Discrete Choice Modeling (Lecture with exercise) 2 WLH

Contents:
• Multinomial Logit (MNL) and Probit Models
• Generalized Extreme Value Models
• Finite Mixture and Mixed MNL Models
• Hierarchical Bayesian MNL Models
The term paper will contain a self-conducted empirical project. Students will be provided
with empirical data, but are welcome to analyze own projects. Students are advised to
use the statistical programming language R, but can be allowed to use different statistics
software in exceptional cases.
Theoretical, methodological and empirical elaboration of discrete choice modeling.

none Basics in probability theory and distributions,
inferential statistics, maximum likelihood estimation
and (logistic) regression analysis
English Dr. Ossama Elshiewy


twice 2-4

25
70
2 WLH
Module M.WIWI-BWL.0140: Seminar in Empirical Research

The aim of this course is to familiarize students with the basic concepts and Attendance time:
understanding about empirical research in business and economics. 28 h
Self-study time:
In this seminar students learn how to choose a paper, and replicate its results using a
152 h
different dataset.
Course: An Introduction to Empirical Research in Business and Economics 2 WLH

(Seminar)
Contents:
1. Where to start
2. The Basics
3. Choosing a Paper
4. Choosing the Data
5. Replication

In order to accomplish successfully this course, students are expected to:
• Understand the assigned paper

• Find a dataset that matches their model
• Replicate the paper
• Interpret the results

none • Econometrics
• Stata
• General Knowledge about the economic theory


each semester 1 semester[s]

twice 2-3

10
71
2 WLH
Module M.WIWI-BWL.0142: Publishing in Management Journals

1. To explore current debates in Human Resource Management Attendance time:
2. To become familiar with examples of good empirical research 28 h
3. To produce an academic (seminar) paper Self-study time:
152 h
Course: Publishing in Management Journals (Seminar) 2 WLH

Contents:
This is a seminar for (advanced) master students with the aspiration to pursue a PhD
after finishing their Master studies. The purpose of this course is to give students
practice in crafting manuscripts that are publishable in scholarly journals. Discussing
and learning from peer-reviewed scholarly papers and other students’ work-in-progress
papers will be the primary format of this course. Preparing assigned reading material
and working on your own paper are thus of the utmost importance.
Examination: Presentation (ca. 20 minutes) with written elaboration (max. 8000 6C

words)
Regular active attendance.
To pass the course, students have to demonstrate that they are able to systematically
apply their knowledge of discussing, understanding and writing academic articles
published / publishable in scholarly journals.

none first academic writing skills


twice 3-4

15
72
Module M.WIWI-QMW.0001 - Version 7
4 WLH
Module M.WIWI-QMW.0001: Generalized Linear Models

56 h
• gain an overview on extended regression modelling techniques that allow to
Self-study time:
analyse data with non-normal responses.
124 h
• learn about approaches for modeling nonlinear effects in scatterplot smoothing.
• get an introduction to additive models for complex regression analyses.
• learn how to implement these approaches using statistical software packages.
Courses:
1. Generalized Linear Models (Lecture) 2 WLH
Contents:
Generalized linear models (binary and Poisson regression, exponential families,
maximum likelihood estimation, iteratively weighted least squares regression, tests of
hypotheses, confidence intervals, model selection and model checking, categorical
regression models), nonparametric smoothing techniques (penalized spline smoothing,
local smoothing approaches, general properties of scatterplot smoothers, choosing the
smoothing parameter, bivariate and spatial smoothing, generalized additive models)
2. Generalized Linear Models (Tutorial) 2 WLH

minutes)
Presentation (approx. 40 minutes) or Exercises (50% successful completion)
In the exam, the students demonstrate their ability to choose, fit and interpret extended
regression modeling techniques. They show a general understanding of the derived
estimates and their interpretation in various contexts. The students are able to
implement complex regression models using statistical software and to interpret the
corresponding results. The exam covers contents of both the lecture and the exercise
class.

none Lineare Modelle

English Prof. Dr. Thomas Kneib


twice 2

not limited
73

The actual examination will be published at the beginning of the semester.
74
4 WLH
Module M.WIWI-QMW.0002: Advanced Statistical Inference (Li-
kelihood & Bayes)

• learn about the foundations and general properties of likelihood-based inference in 56 h

Self-study time:
statistics.
124 h
• get familiar with the Bayesian approach to statistical learning and its properties.
• learn how to implement both approaches in statistical software using appropriate
numerical procedures.
Courses:
1. Advanced Statistical Inference (Likelihood & Bayes) (Lecture) 2 WLH
Contents:
The likelihood function and likelihood principles, maximum likelihood estimates and their
properties, likelihood-based tests and confidence intervals (derived from Wald, score,
and likelihood ratio statistics), expectation maximization algorithm, Bootstrap procedures
(estimates for the standard deviation, the bias and confidence intervals), Bayes theorem,
Bayes estimates, Bayesian credible intervals, prior choices, computational approaches
for Bayesian inference.
2. Advanced Statistical Inference (Likelihood & Bayes) (Tutorial) 2 WLH

minutes)
The students demonstrate their general understanding of likelihood-based and Bayesian
inference for different types of applications and research questions. They know about
the advantages and disadvantages as well as general properties of both approaches,
can critically assess the appropriateness for specific problems, and can implement them
in statistical software. The exam covers contents of both the lecture and the exercise
class.

none none


every year 1 semester[s]

twice 1-2

not limited
75

76
4 WLH
Module M.WIWI-QMW.0004: Econometrics I

This lecture provides a detailed introduction and discussion to the theory of several Attendance time:
topics of econometrics. In a practical course the students will apply the methods 56 h
discussed to real economic data and problems using the statistical software packages Self-study time:
Eviews and R. 124 h
Courses:
1. Econometrics I (Lecture) 2 WLH
Contents:
Multiple linear regression model: Estimation, Inference and Asymptotics. Maximum
likelihood modeling. Generalized least squares. Stochastic regressors. Intrumental
variable estimators. Generalized method of moments, likelihood based inference.
Dynamic models, weak exogeneity, cointegration, stochastic integration.
2. Econometrics I (Tutorial) 2 WLH

Linear regression models, generalized linear regression models. OLS, GLS, EGLS
estimation. Multiplikative heteroskedasticity, autocorrelation. LM specification
testing, Durbin Watson test. Convergence in probability, convergence in distribution.
Asymptotics (consistency, asymptotic normality) of OLS estimators. IV estimation, GMM
estimation.
Linear regression models, generalized linear regression models. OLS, GLS, EGLS
estimation. Multiplikative heteroskedasticity, autocorrelation. LM specification
testing, Durbin Watson test. Convergence in probability, convergence in distribution.
Asymptotics (consistency, asymptotic normality) of OLS estimators. IV estimation, GMM
estimation.

None Notwendige: Mathematik (lineare Algebra), Statistik.
Erwünscht: Einführung in die Ökonometrie (oder
vergleichbare Vorlesung)

English Prof. Dr. Helmut Herwartz


twice 2-3

not limited
77
4 WLH
Module M.WIWI-QMW.0005: Econometrics II

This advanced course extends techniques and theory introduced in the lecture Attendance time:
Econometrics I. The use of econometrics in estimating models derived from theory is 56 h
illustrated. The application of these methods on real data using the statistical software Self-study time:
package Eviews as well as R is practiced in exercises. 124 h
Courses:
1. Econometrics II (Lecture) 2 WLH
Contents:
Models with binary explanatory variables, seemingly unrelated regressions. Multi-
equation dynamic models, simultaneous equation models, vector autoregressions,
(vector) error correction models, models with binary dependent variables.
2. Econometrics II (Tutorial) 2 WLH

Dynamic models. Stochastic trends. Unit roots. Spurious regressions. Stochastic
integration. Cointegration modeling (ECM, testing for integration and cointegration, weak
exogeneity, causality analysis). 2 and 3 SLS estimation. Higher dimensional modelling
(joint endogeneity). Logit/Probit estimation.

none Modul "Ökonometrie I"


twice 2-3

not limited
78
2 WLH
Module M.WIWI-QMW.0006: Seminar in Applied Statistics and Eco-
nometrics

28 h
• gain a better understanding of statistical and econometric models by studying
Self-study time:
current literature on both methodology and case studies.
152 h
• learn how to present statistical methods and results to a mixed audience.
• gain the ability to read and understand literature related to current advances in
statistics and econometrics.
• get an introduction to good scientific practice.
• improve their presentation and English skills.
Course: Seminar in Applied Statistics and Econometrics (Seminar) 2 WLH

Contents:
The seminar deals with different current topics in statistics and econometrics and may
focus on case studies and/or methodological innovations.

pages)
The credits for the seminar are earned through a presentation in combination with a
written homework on the same subject. The students demonstrate their ability to present
statistical and econometric models and results and to document their findings in a
corresponding report.

none Necessary: Mathematics, Statistics
in addition: Introduction to econometrics or

Econometrics I



twice from 2

not limited
79
4 WLH
Module M.WIWI-QMW.0007: Selected Topics in Statistics and Econo-
metrics

56 h
• learn about a specific current strand of statistical and/or econometric research.
Self-study time:
• learn how to implement these approaches in statistical software packages and how
124 h
to interpret the corresponding results.
Courses:
1. Selected topics in Statistics and Econometrics (Lecture) 2 WLH
Contents:
Current topics in statistics and/or econometrics.
2. Selected topics in Statistics and Econometrics (Tutorial) 2 WLH
Examination: Written exam (90 minutes) 6C
The students demonstrate their general understanding of the topics dealt with in
the lecture and the exercise class. They know how to interpret results from the
corresponding models and how to implement these models in statistical software. The
exam covers contents of both the lecture and the exercise class.

none Statistics


every 4. semester 1 semester[s]
twice 1-3

not limited
80
4 WLH
Module M.WIWI-QMW.0009: Introduction to Time Series Analysis

56 h
• learn concepts and techniques related to the analysis of time series and
Self-study time:
forecasting.
124 h
• gain a solid understanding of the stochastic mechanisms underlying time series
data.
• learn how to analyse time series using statistical software packages and how to
interpret the results obtained.
Courses:
1. Introduction to Time Series Analysis (Lecture) 2 WLH
Contents:
Classical time series decomposition analysis (moving averages, transformations of
time series, parametric trend estimates, seasonal and cyclic components), exponential
smoothing, stochastic models for time series (multivariate normal distribution,
autocovariance and autocorrelation function), stationarity,spectral analysis, general
linear time series models and their properties, ARMA models, ARIMA models, ARCH
and GARCH models.
2. Introduction to Time Series Analysis (Tutorial) 2 WLH

The students show their ability to analyse time series using specific statistical
techniques, can derive and interpret properties of stochastic models for time series,
and can decide on appropriate models for given time series data. The students are
able to implement time series analyses using statistical software and to interpret the
corresponding results. The exam covers contents of both the lecture and the exercise
class.

none Statistics



twice 2-3

not limited
81
4 WLH
Module M.WIWI-QMW.0010: Multivariate Statistics

56 h
• learn the basic concepts of multivariate data analysis
Self-study time:
• know how to apply the most common methods of multivariate statistics in practice
124 h
• learn how to implement multivariate statistical approaches using the software
package R
• know how to interpret the results of multivariate data analyse
Courses:
1. Multivariate Statistics (Lecture) 2 WLH
Contents:
Multivariate distributions and their properties, multivariate normal distribution, principal
component analysis, factor analysis, discriminant analysis, cluster analysis
2. Multivariate Statistics (Exercise) 2 WLH

minutes)
In the exam, the students demonstrate that they are able to apply the basic concepts
of multivariate statistics. They can decide for a suitable procedure given an applied
problem, implement the approach in statistical software and interpret the results. The
exam consists of material from both the lecture and the exercise class.

none none



twice 2-3

not limited
82
4 WLH
Module M.WIWI-QMW.0011: Statistical Programming with R

The students learn how to independently implement and optimize advanced statistical Attendance time:
methodology with the statistical software package R 56 h
Self-study time:
124 h
Course: Statistical Programming with R (Lecture with tutorial) 4 WLH

Contents:
The students work on advanced statistical programming projects using
methods and techniques they got to know in the "Introduction to R". This
involves implementation of advanced statistical methodology, utilising
tools for debugging and profiling code and documenting the code. The
progress of the projects is documented in a presentation and a written
report.
Examination: Term paper (max. 15 pages) 6C

The students work on a programming project and document their work in a written report
and a presentation.

none none


twice 2

30
83
4 WLH
Module M.WIWI-QMW.0012: Multivariate Time Series Analysis

56 h
• learn concepts and techniques related to the analysis of multivariate time series
Self-study time:
and the forecasting thereof.
124 h
• learn to characterize the dynamic interrelationship between the variables of
dynamic systems
• learn to relate economic models with restrictions implied by its empirical
counterpart
• learn how to analyse multivariate time series using by means of statistical software
packages and to interpret the results obtained.
Courses:
1. Multivariate Time Series Analysis (Lecture) 2 WLH
Contents:
Vector Autoregressive and Vector Moving Average representations Model selection
and estimation, Unit roots in vector processes, Vector autoregressive vs. vector error
correction modeling, structural vectorautoregressions, Impulse response analysis,
forecasting, forecast error variance decomposition
2. Multivariate Time Series Analysis (Tutorial) 2 WLH

The students show their ability to analyse systems of time series using specific
statistical techniques, can derive and interpret properties of stochastic models for
time series, and can decide on appropriate models for given data. The students are
able to implement time series analyses using statistical software and to interpret the
corresponding results. The exam covers contents of both the lecture and the exercises.

none Modul "Statistik", Modul "Econometrics I", Modul
"Introduction to Time Series Analysis"



twice 3-4
84
4 WLH
Module M.WIWI-QMW.0014: Mathematical Foundations of Applied
Statistics

56 h
• get to know the basic mathematical knowledge required for a thorough
Self-study time:
understanding of statistical methods
124 h
• learn how to apply this mathematical knowledge on practical statistical problems.
Course: Mathematical Foundations of Applied Statistics

Contents:
Integration and differentiation, matrix calculus (elementary operations, rank, inverse,
determinant, trace, eigen values and vectors, quadratic forms, differentiation of matrix
functions), probability calculus (univariate distributions and their properties, random
vectors and their properties, conditional distributions, multivariate normal distribution)

minutes)
The students demonstrate their ability to use the most common mathematical tools in
applied statistics to solve mathematical problems. They know different such approaches
and can decide upon an appropriate one for a given problem.

none none

English Prof. Dr. Heike Bickeböller
Prof. Dr. Tim Friede, Prof. Dr. Thomas Kneib

twice 1

85
4 WLH
Module M.WIWI-QMW.0016: Spatial Statistics

56 h
• learn about the principle possibilities to include spatial information in statistical
Self-study time:
models.
124 h
• acquire experience in the practical analysis of spatial data
• learn how to interpret the results of spatial analyses
Courses:
1. Spatial Statistics (Lecture) 2 WLH
Contents:
Statistical analysis of spatially oriented data, spatial models for point-referenced data
(geostatistics, kriging), spatial models for regional data (Markov randomfields), spatial
point processes, spatial stochastic processes, statistical inference in spatial statistics.
2. Spatial Statistics (Tutorial) 2 WLH

minutes)
The students show in the exam that they have learned to perform the basic steps and
calculartions involved in analyses of spatial data. They can choose the most appropriate
model for a given problem and can implement this model in statistical software. In
addition. The resulting estimates can be interpreted and the results can be critically
evaluated. The exam covers contents of both the lecture and the exercise class.

none none



twice 2-3

not limited

86
4 WLH
Module M.WIWI-QMW.0019: Statistical Methods for Impact Evaluati-
on

There are many questions in social science that depend on causal effects of social Attendance time:
policies or programs. This course attempts to present a review of the practical issues for 56 h
empirical researchers on the econometric and statistical analysis of the effects of such Self-study time:
programs or treatments. 124 h
Course: Statistical Methods for Impact Evaluation 4 WLH

Contents:
• New Methods in Program Evaluation:
• Difference-in-difference
• Matching techniques
• Instrumental variables
• Regression discontinuity design
• Combined methods
The computer software package STATA will be used for practical work. Previous
knowledge of intermediate econometrics is required.

pages text)
New Methods in Program Evaluation:
• Difference-in-difference
• Matching techniques
• Instrumental variables
• Regression discontinuity design
• Combined methods

none Modul "Econometrics I"

English Prof. Dr. Inmaculada Martinez-Zarzoso


twice 2-4

30
87
2 WLH
Module M.WIWI-QMW.0020: Practical Statistical Training

28 h
• learn how to implement statistical procedures for a given applied problem in a
Self-study time:
collaboration
152 h
• learn how to present results from a statistical analysis
• can identify a suitable statistical approach for a given problem, apply it and
interpret the results.
Course: Statistical Consulting 2 WLH

Contents:
In collaboration with a collaboration partner providing the applied research question, the
students develop statistical solutions in groups of up to four students.

Two presentations

none none

Prof. Dr. Heike Bickeböller, Prof. Dr. Tim Friede


twice 3

30
88
2 WLH
Module M.WIWI-QMW.0021: Introduction to R

28 h
• get to know the basic functionality of the statistical software package R
Self-study time:
• can implement advanced statistical approaches in R while using approproate tools
62 h
for optimising the code
Course: Introduction to R (Lecture with tutorial) 2 WLH

Contents:
Data types and class structures, vectors and matrives, reading and writing data,
statistical graphics, creating R packages, including other programming languages,
debugging and profiling code, S3 and S4 classes, Trellis graphics and other advanced
graphics features

minutes)
The students work on a programming project and document their work in a written
report.

none none



twice 1

30

89
2 WLH
Module M.WIWI-QMW.0024: Financial Liberalization, Financial Deve-
lopment and Economic Growth

Students acquire knowledge on the state of the art research on the relationship between Attendance time:
financial liberalization, financial development and economic growth. They also learn how 28 h
to formulate their research question and how to develop their arguments based on a Self-study time:
critical review of the related literature. Furthermore, they improve their academic writing 152 h
and presentation skills.
Course: Financial Liberalization, Financial Development and Economic Growth 2 WLH

(Seminar)
Contents:
The seminar covers topics on the role of financial liberalization and financial
development in economic growth. It also covers topics on the relationship between
financial liberalization and financial development.

pages)
In the paper, students should demonstrate their ability to critically review scientific
papers, synthesize the results and develop a clear argument supported by the evidence
in the literature. They should also demonstrate their ability to write a scientific paper.
In the presentation, they should demonstrate their ability to present key insights from
complex theoretical and empirical papers, and to present and defend an argument on
the research question developed from the literature.

none none
English Dr. Yabibal Walle


twice 3-4

20
90
4 WLH
Module M.WIWI-QMW.0025: Development Microeconometrics

The aim of this course is to familiarize students with contemporary microeconometric Attendance time:
tools widely applied in development economics. This course will briefly explain selected 56 h
micro-level empirical questions in development economics and discuss in detail the Self-study time:
econometric methods that could be applied to examine those issues. However, no effort 124 h
will be devoted to prove econometric theories. There will also be computer lab sessions
where we will be mainly using Stata. Successful participants of this course are expected
to be familiar with important microeconometric tools in development economics.
Courses:
1. Development Microeconometrics (Lecture) 2 WLH
Contents:
1. Pure cross sectional regressions: basic concepts and tests
2. Instrumental variables estimation and two stage least squares
3. Panel data approaches: fixed effects estimator and random effects estimator,
dynamic panel data estimators
4. Models with limited dependent variables: Logit, Probit, Multinomial logit, Count
data models, Ordered logit, Tobit model, Heckman’s sample selection model,
estimating treatment effects
2. Computer excercises with STATA (Exercise) 2 WLH
Examination: Written examination (90 minutes) or oral examination (20 minutes) 6C
In the exam, participants are expected to show their familiarity with and understanding of
main microeconometric tools used in development economic.

none Introduction to econometrics


each second wintersemester 1 semester[s]

twice 1-4

30
91
4 WLH
Module M.WIWI-QMW.0026: Development Macroeconometrics

The aim of this course is to familiarize students with contemporary econometric Attendance time:
tools widely applied in the research on growth and inequality. This course will briefly 56 h
explain selected empirical questions in growth and inequality and discuss in detail the Self-study time:
econometric methods used to tackle those issues. However, no effort will be devoted 124 h
to prove either economic or econometric theories. On each topic, selected empirical
applications will be presented both in the lecture and in computer lab sessions where we
will be mainly using STATA. Successful participants of this course are expected to be
familiar with important macroeconometric tools in development economics.
Courses:
1. Development Macroeconometrics (Lecture) 2 WLH
Contents:
1. Introduction to growth theory
2. Econometrics of growth
(a) Pure cross sectional regressions,
(b) Panel data approaches: pooled OLS, fixed effects estimator and random
effects estimator, GMM estimators, mean-group and panel mean group estimators
(c) Time series approaches: (unit root tests, cointegration tests, estimation of the
long run parameters, vector error correction model, Granger causality
(d) Panel generalizations of time series approaches: panel unit root and
cointegration tests
3. Econometrics of inequality
(a) Macro-level approaches: model specifications of selected papers

2. Computer excercises with STATA (Exercise) 2 WLH
Examination: Written examination (90 minutes) or oral examination (20 minutes) 6C
In the exam, participants are expected to show their familiarity with and understanding of
main macroeconometric tools used in the research on growth and inequality.

none Introduction to econometrics


each second wintersemester 1 semester[s]

twice 1-4
92

30
93
4 WLH
Module M.WIWI-QMW.0027: Advanced Meta-Research in Economics

The students learn to critically reflect the reliability of empirical research in economics. Attendance time:
They learn to make themselves familiar with the methodology used in a recent study and 56 h
to replicate this study. They also learn to identify the key assumptions of the estimation Self-study time:
procedure by performing a sensitivity analysis. 124 h
Courses:
1. Advanced Meta-Research in Economics (Lecture) 2 WLH
Contents:
This module discusses the incentive system of academic publishing and its
consequences for the reliability of empirical research in economics. We show how p-
hacking and publication bias distort published empirical findings and we illustrate the
state of empirical economic research by discussing recent articles from the field of meta-
research in economics.
We introduce meta-analytic concepts such as the p-curve and meta-regression models
that attempt to identify genuine effects in the presence of bias.
Finally, we discuss the important role of replications in improving the reliability of

empirical research in economics.
2. Advanced Meta-Research in Economics (Exercise) 2 WLH
Examination: Practical examination with written elaboration (max. 15 pages)
Each student chooses a recent study and replicates its findings by using the statistical
software R. Each student also conducts a sensitivity analysis of the results by using, for
example, alternative specifications or data (max. 15 pages).
The students show that they can replicate the findings of a recent study and that they
can perform a sensitivity analysis.

none Good knowledge of applied econometrics

Dr. Stephan Bruns


twice 2-3

30
94
Georg-August-Universität Göttingen 12 C
2 WLH
Module M.WIWI-QMW.0028: Topics in Descriptive Statistics

28 h
• know the state of the art as well as future challenges regarding a current research
Self-study time:
theme in descriptive statistics
332 h
• have profound knowledge within the research field they worked upon
• know and understand methods and approaches in order to elaborate on
• statistical research in a scientific manner
• can elaborate research questions systematically by means of scientific methods
Course: Topics in empirical Analysis (Seminar) 2 WLH
Examination: Presentation ca. 30 minutes) with written elaboration (max. 8000

words)
Regular attendance; participation on possibly excursions
• Scientific and solution-oriented elaboration of current topics in descriptive statistics
• Writing a seminar paper
• Oral presentation of the seminar paper’s findings
• Collaboration with other students in teams

none Good knowledge of "R"

each semester 1 semester[s]

twice 2-3

20
95
2 WLH
Module M.WIWI-QMW.0029: Seminar in Operations Research

The aim of this course is to familiarize students with the basic concepts and Attendance time:
understanding about empirical research in business and economics. In this seminar 28 h
students learn how to choose a paper, and replicate its results using a different dataset. Self-study time:
152 h
Course: An Introduction to Empirical Research in Business and Economics 2 WLH

(Seminar)
Contents:
1. Where to start
2. The Basics
3. Choosing a Paper
4. Choosing the Data
5. Replication
Examination: Presentation (ca. 30 minutes)
In order to accomplish successfully this course, students are expected to:
• Understand the assigned paper

• Find a dataset that matches their model
• Replicate the paper
• Interpret the results

none Good knowledge of "R"


twice 2-3

20
96
Module M.WIWI-VWL.0008 - Version 5
4 WLH
Module M.WIWI-VWL.0008: Development Economics I: Macro Issues
in Economic Development

Expose students to macroeconomic issues in economic development, including how Attendance time:
economic growth, trade, inequality, aid, capital flows, and population issues affect 42 h
economic development. They understand historical roots of underdevelopment and Self-study time:
acquire knowledge of current economic models and empirical approaches in these topic 138 h
areas.
Courses:
1. Development Economics I (Lecture) 2 WLH
2. Development Economics I (Tutorial) 2 WLH
Examination: Written Exam 6C
The students demonstrate a good understanding of key theories and models of
economic development. They are able to critically present these theories and models,
are able to interpret empirical results that relate to these models, and are able to
crucially draw relevant policy conclusions coming out of these models and empirical
assessments.

None Knowledge of macroeconomics and econometrics at
BA level is highly desirable.


twice 1-3

not limited
97
4 WLH
Module M.WIWI-VWL.0009: Development Economics II: Micro Issues
in Development Economics

Expose students to microeconomic issues in economic development, including the Attendance time:
role of poverty, measurement, and linkages between fertility, undernutrition, and poorly 56 h
functioning labor, capital, and land markets and poverty in rural areas. It should also Self-study time:
equip students to develop and assess policy options for poverty reduction. 124 h
Courses:
1. Development Economics II (Lecture) 2 WLH
2. Development Economics II (Tutorial) 2 WLH
The students demonstrate a good understanding of key micro theories and models of
poverty in developing countries. They are able to critically present these theories and
models, are able to interpret empirical results that relate to these models, and are able
to crucially draw relevant policy conclusions coming out of these models and empirical
assessments.

none Knowledge of microeconomics and econometrics
at BA level is highly desirable. Development
Economics I is not a prerequisite.


twice 1-3

not limited
98
3 WLH
Module M.WIWI-VWL.0010: Development Economics III: Regional
Perspectives in Development Economics

Allow students to apply theoretical and empirical concepts in development economics Attendance time:
to understand differences in regional economic development. Familiarize students with 56 h
differences of the development experience East Asia, South Asia, Latin America, and Self-study time:
Sub Saharan Africa, including the most important determinants of these differences. 124 h
Courses:
1. Development Economics III (Lecture) 2 WLH
2. Development Economics III (Tutorial) 1 WLH
In the term paper, students demonstrate their ability to develop a coherent argument
on a particular regional or comparative issue in economic development. In the exam,
students demonstrate their ability to apply their knowledge of development economics
theory and empirical assessments to interpret and explain key issues affecting regional
economic development.

none Knowledge of macroeconomics and econometrics
at BA level is highly desirable. Knowledge of
development economics (at least at BA level, but
preferably at MA level) also recommended (e.g.
taking Development Economics I or II concurrently)


twice 2-3

25
99
3 WLH
Module M.WIWI-VWL.0018: Economic Development of Africa

Allow students to apply theoretical and empirical concepts in development economics to Attendance time:
understand historical and current-day economic development issues in Africa, including 42 h
policy initiatives to tackle economic development in the continent. Self-study time:
138 h
Courses:
1. Economic Development of Africa (Lecture) 2 WLH
2. Economic Development of Africa (Tutorial) 1 WLH
In the term paper, students demonstrate their ability to develop a coherent argument
on a particular issue in African economic development. In the exam, students
demonstrate their ability to apply their knowledge of development economics theory and
empirical assessments to interpret and explain key issues affecting African economic
development.

none Knowledge of macroeconomics and econometrics
at BA level is highly desirable. Knowledge of
development economics (at least at BA level, but
preferably at MA level) also recommended (e.g.
taking Development Economics I or II concurrently)


twice 2-3

25
100
4 WLH
Module M.WIWI-VWL.0019: Advanced Development Economics

Allow students to acquaint themselves with cutting edge research in development Attendance time:
economics. The topics covered will vary from time to time, always focusing on new and 56 h
emerging issues in development economics research. Self-study time:
124 h
Courses:
1. Advanced Development Economics (Lecture) 2 WLH
2. Advanced Development Economics (Tutorial) 2 WLH
In the exam, students demonstrate their ability to interpret cutting edge research
in development economics, including critically evaluating models, theories, and
econometric techniques.

none Development Economics I+II or equivalent.
Knowledge of MA level econometrics plus good
knowledge of MA level development economics
highly desirable.

Prof. Ibanez Diaz, N.N.

twice 3-4

25
101
3 WLH
Module M.WIWI-VWL.0021: Gender and Development

Allow students to understand key theoretical and empirical approaches to understanding Attendance time:
gender inequality in developing countries, including gender gaps in education, health 28 h
and mortality, employment, time-use, and governance. Familiarize students with Self-study time:
different approaches to conceptualize and measure gender gaps and enable them to 152 h
analyze policies to tackle gender inequality.
Courses:
1. Gender and Development (Lecture) 2 WLH
2. Gender and Development (Tutorial) 1 WLH
In the term paper, students demonstrate their ability to develop a coherent argument on
a particular issue of gender inequality in developing countries. In the exam, students
demonstrate their ability to understand theory and empirical assessments of gender
inequality, including measurement, and policy issues.

none Knowledge of development economics (at least
at BA level, but preferably at MA level) also
recommended (e.g. taking Development Economics I
or II concurrently)


twice 2-3

25
102
4 WLH
Module M.WIWI-VWL.0022: Analysis of Micro Data

Allow students to acquaint themselves with cutting edge methods in the analysis Attendance time:
of micro data, with particular emphasis on analyzing microeconometric issues in 56 h
developing countries. Self-study time:
124 h
Courses:
1. Analysis of Micro Data (Lecture) 2 WLH
2. Analysis of Micro Data (Tutorial) 2 WLH
In the exam, students demonstrate their ability to interpret cutting edge research in the
analysis of household surveys, including the ability to formulate an econometric research
strategy to analyze a particular research question, and evaluating econometric studies
from both a methodological and substantive perspective.

none Knowledge of MA level econometrics highly
desirable.


twice 3-4

25
103
2 WLH
Module M.WIWI-VWL.0023: Seminar to the Situation of Latin America
in the 21st Century: Trade Related and Macroeconomic Issues

• Students learn how to formulate research questions Attendance time:
• Students have a close look at theoretical studies/arguments in related field 28 h
• Students familiarize with the empirical literature in related field Self-study time:
• Students utilize the empirical methodology to evaluate the results obtained in the 152 h
empirical literature
• Students give reasons why theory and empirics are compatible or not
• Students draw economic policy conclusions from empirical results
Course: Seminar to the situation of Latin America in the 21st century: Trade 2 WLH
related and macroeconomic issues (Seminar)
Contents:
In this course international trade issues ,such as
• international competitiveness (exchange rate policy and transport costs);
• determinants of current account deficits
• choice of exchange rate system
• economic integration ( North-South; South-South);
• analysis of trade agreements
• the role of trade liberalization (unilateral, bilateral, at the WTO level)
will be dealt with.
Examination: Presentation (approx. 20 min) with written elaboration (max. 15 6C

pages text)
Knowledge of macroeconomics and international trade themes to Latin America.

none Knowledge of open economy macroeconomics; of
international trade; of some basic econometrics

English Dr. rer. pol. Felicitas Nowak-Lehmann Danzinger


twice 2-4

24
104
2 WLH
Module M.WIWI-VWL.0024: Seminar to the situation of Latin America
in the 21st century: The necessity of reforms

• Students familiarize with the empirical literature in related field Self-study time:
• Students utilize the empirical methodology to evaluate the results obtained in the 152 h
empirical literature
• Students give reasons why theory and empirics are compatible or not
• Students draw economic policy conclusions from empirical results
Course: Seminar to the situation of Latin America in the 21st century: The 2 WLH
necessity of reforms (Seminar)
Contents:
In this course structural problems and issues ,such as
• over-indebtedness
• sustainability of current account deficits
• structural adjustment programs
• effectiveness of development aid
• global developments and its impact on Latin American economies
will be dealt with.

pages text)
Knowledge of actual socio-economic themes to Latin America

none Knowledge of open economy macroeconomics; of
basic international trade; of some basic econometrics

English Dr. rer. pol. Felicitas Nowak-Lehmann Danzinger


twice 3-4

24
105
2 WLH
Module M.WIWI-VWL.0025: Seminar Development Economics IV

Students learn how to work through cutting edge research on a particular issue in Attendance time:
development economics, develop a coherent argument addressing their research 28 h
question, improve their academic writing, and learn how to present such work in front of Self-study time:
an academic audience. 152 h
Course: Seminar Development Economics IV (Seminar) 2 WLH

pages)
In the paper, students demonstrate their ability to critically review academic studies on
a particular topic, able to synthesize the results and develop a clear argument backed
by the evidence in the literature. They also demonstrate their ability to research the
scientific literature, and write a scientific paper. In the presentation, they demonstrate
their ability to present key insights from complex theoretical and empirical papers, and to
present and defend an argument on the research question developed from the literature.

none Keine


twice 3-4

20
106
2 WLH
Module M.WIWI-VWL.0035: Economic Effects of Regional Integration

Students should learn how to formulate research questions. They are expected to Attendance time:
provide a critical assessment of the theoretical studies/arguments in the related field and 28 h
to review the related empirical literature. Self-study time:
152 h
Students should also learn how to apply the empirical methodology to evaluate
the results obtained in the empirical literature, provide some reasons why theory is
confirmed or not with empirics and draw economic policy conclusions from empirical
results.
Course: Economic Effects of Regional Integration (Seminar)

Contents:
• Regionalism versus Multilateralism in the World Economy
• European Integration: EU, MU, East Enlargement
• Latin American Integration
• Asian Regionalism
• African Integration
Examination: Presentation (ca. 20 min.) with written elaboration (max. 15 pages 6C

text)

none International Economics
Introductory econometrics


twice 2-4

18
107
4 WLH
Module M.WIWI-VWL.0040: Empirical Trade Issues

This course is intended to cast light on present-day controversies in international trade Attendance time:
through study of contemporary trade theories and assessment of the latest empirical 56 h
analysis of five important topics of international trade research. Self-study time:
124 h
The main aim is to improve students’ ability to evaluate and to undertake empirical
research in international trade. All readers are expected to have completed graduate
courses in microeconomics and econometrics.
Courses:
1. Empirical Trade Issues (Lecture) 2 WLH
Contents:
The course is organized along five empirical questions:
1. What do countries trade?
2. Why has trade increased so much?
3. Why do we still trade so little?
4. Did globalization contribute to the rise in inequality?
5. Does trade increase productivity?
We will learn the necessary modeling tools and empirical instruments that help answer
these questions.
The course will be structured around a series of lectures (2SWS), supplemented by

class discussion, and tutorials (2SWS) in which students will solve empirical exercises
using STATA (based on Feenstra, 2004 and on De Benedictic and Salvatici, 2011) that
replicate the results on some research papers.
2. Empirical Trade Issues (Tutorial) 2 WLH
Examination: Term Paper (max. 10 pages, based on the tutorial)
Trade theory, empiric results of the main questions to international trade and the actual
scientific debate

none Macroeconomics, Microeconomics, Econometrics I,
International Economics


108
twice 2-4

30
109
4 WLH
Module M.WIWI-VWL.0041: Panel Data Econometrics

Static and dynamic panel data models for continuous and discrete dependent variables. Attendance time:
56 h
Empirical evaluation of economic models is an important feature of the study and
Self-study time:
application of economics. The course is concerned with the application of econometric
124 h
methods, with little emphasis on the mathematical aspects of the subject (which may
be studied in other modules). The computer software package STATA will be used for
practical work. Previous knowledge of intermediate econometrics is required.
This course aims to study panel data econometric techniques in an intuitive and practical
way and to provide the skills and understanding to read and evaluate empirical literature
and to carry out empirical research.
Courses:
1. Panel Data Econometrics (Lecture) 2 WLH
2. Panel Data Econometrics (Tutorial) 2 WLH
Examination: Term Paper (max. 10 pages, based on the tutorial)
Static panel data models; Fixed effects; random effects; Between estimation; Dynamic
panel data models; Arellano-Bond estimator; Pooled mean group estimation; discrete
choice Stata

none Econometrics I


twice 2-4

30
110
4 WLH
Module M.WIWI-VWL.0042: European Economy

The key learning objectives are: Attendance time:
28 h
• Students should understand the extent of economic integration in the EU and the
Self-study time:
basics of EU law and its basic institutional structure and economic facts about
152 h
European nations. Students should also learn the broad outline of the EU budget
on the receipts and expenditure side and the basic content and the structure and
problems with the Constitutional Treaty and the subsequent Treaty of reform.
• Acquire knowledge of the standard open-economic supply and demand diagrams
and how they can be used to analyze the positive and normative impact of tariffs.
Students should also learn about the various types of trade barriers that can
constrain trade.
• Learn to apply open-economy supply and demand analysis to a three country
setting with the aim of illustrating the main positive and normative effects of
preferential liberalization on aspects of European integration. Students should also
learn about the differences between customs unions and free trade areas and
about WTO disciplines and about the nature of empirical studies into the effects of
EU market integration.
• Learn the economics behind the notion that integrating European markets can
improve economic efficiency by giving European firms better access to a wider
market. As part of this, students learn about market interactions in the presence of
imperfect competition and increasing returns.
• Learn the economic logic that explains how integrating European markets can
increase income growth rates in the medium term and in the long term and
the specific features of Europe’s labour markets and key labour economics
principles. Students should also learn about the sources of unemployment and the
microeconomics of labour market integration and the conflict between efficiency
and social imperatives, as well as understand the impact of economic integration
and migration on labour markets.
• Learn about the CAP, which is by far the most important policy in terms of the
budget and it is one of the most important in terms of EU politics. Students should
also learn about recent reforms to the CAP based on de-coupling.
• Learn about the very uneven distribution of economic activity in Europe and about
the economics that helps account for this result as well as using the suitable
framework for understanding how deeper integration affects the distribution.
Also learn about EU regional policy, essentially designed to prevent geographic
concentration or to ameliorate its effects on people living in rural areas.
• Acquire Knowledge of the basic facts of the EU’s trade pattern both in terms
of partners and commodity composition and become familiar with the basic
institutions of EU trade policy making and acquire a basic understanding of the
EU’s external trade policy
Courses:
111
1. European Economy (Lecture) 2 WLH

Contents:
The aim of this course is to cover some economic aspects of the European integration
process, focusing on the European Union internally and on its relations with partners,
including prospective members. Customs union theory, microeconomic policies and
regional economics will be covered. Students will be expected to understand the basic
economics of integration, as well as knowing how to track down up-to-date policy
materials on the web. A key starting point is the official site:http://www.europa.eu.int.
The course is organized as a series of lectures complemented with tutorials and student
presentations of selected topics. Students are expected to prepare a short essay (10
pages) that has to be presented and discussed towards the end of the course. A list of
topics will be available online (studip).
2. European Economy (Tutorial) 2 WLH
Examination: Presentation (approx. 15 minutes) with witten elaboration (max. 10

pages text)
Integration theory; Customs union theory; European economic integration; Economic
relations to potential members; Actual effects of integration - empiric results of the
effects

none Microeconomics, Macroeconomics


twice 1-4

30
112
2 WLH
Module M.WIWI-VWL.0046: Topics in European and Global Trade

Students should learn how to formulate research questions. They are expected to Attendance time:
provide a critical assessment of the theoretical studies/arguments in the related field and 28 h
to review the related empirical literature. Self-study time:
152 h
Students should also learn how to apply the empirical methodology to evaluate
the results obtained in the empirical literature, provide some reasons why theory is
confirmed or not with empirics and draw economic policy conclusions from empirical
results.
Course: Seminar Topics in European and Global Trade (Seminar) 2 WLH

Contents:
Topic 1: Institutional Quality, Trade and Growth
Topic 2: Aid for Trade

Topic 3: Trade Facilitation
Topic 4: Trade Agreements
Topic 5: Trade and the Environment

Topic 6: Technology and Trade
Topic 7: Gender Inequality and Trade
Topic 8: Trade, income per Capita and Inequality
Topic 9: Trade and Transport Costs
Topic 10: Trade and logistics
Topic 11: Exchange Rate Volatility and Trade
Topic 12: Financial Integration and Trade
Topic 13: Trade and Conflicts
Topic 14: The Extensive and the Intensive Margins of Trade
Topic 15: Product Quality
Topic 16: Multilateral Resistance and the Border Puzzle
Topic 17: Geographical Frictions
Topic 18: Trade and International Production Networks
Topic 19: The Euro Effect
Topic 20: Trade and Uncertainty
Examination: Presentation (approx. 20 min) with written elaboration (max. 15

pages text)
113
International Trade

none International Economics
Introductory econometrics



twice 2-4

20
114
3 WLH
Module M.WIWI-VWL.0059: Methods of Economic Policy Evaluation

This course covers a wide range of policy impact evaluation tools: From experimental Attendance time:
and quasi-experimental microeconometric methods to macroeconomic simulation 42 h
models. The methods will be illustrated using case studies. The focus of the lecture Self-study time:
will be on applications in the developing country context. The methods, however, are 138 h
universal and can be applied as well in the context of OECD-countries. Please note that
this lecture is held in German. Details and lecture materials can be found in StudIP.
Some illustrative questions that can be answered using the methods that will be
discussed in the lecture:
• Do poor people really benefit from microcredtit programs?

• What is the poverty impact of trade liberalisation?
• Which are the distributional consequences of tax reforms?
Courses:
1. Methods of economic policy evaluation (Lecture) 2 WLH
2. Methods of economic policy evaluation (Tutorial) 1 WLH
Examination: Oral Presentation (approx. 30 minutes) 1C
Nachweis vertiefter Kenntnisse der Methoden zur Analyse wirtschaftspolitischer
Maßnahmen und zur Datenerhebung. Nachweis des Verständnisses für experimentelle
und quasi-experimentelle Methoden sowie von mikro- und makroökonomischen
Simulationsmodellen.

none Lectures in Microeconomics, Development
Economics and Econometrics

English Jun.-Prof. Dr. Jann Lay


twice 1-4

not limited
115
2 WLH
Module M.WIWI-VWL.0063: Sustainable Development, Trade and the
Environment

• Linking sustainable development with trade. Attendance time:
• Writing a scientific paper about the linkages between international 28 h
trade, environment and development. Self-study time:
• Reading and understanding state of the art literature in the field. 152 h
• Discussing and scrutinizing methodology and results.
• Presenting the own work in a scientific manner.
Course: Sustainable Development, Trade and the Environment (Seminar) 2 WLH

pages)
Knowledge about the scientific themes.

none International Trade



twice 2-4

20
116
2 WLH
Module M.WIWI-VWL.0065: Economics of Crime

1. Provide the theoretical and empirical framework that allows students to improve Attendance time:
the understanding on the drivers of criminal participation and policies to deal with 28 h
it. Self-study time:
2. Provide elements that allow students expand the traditional economic tool-bock to 152 h
consider non-monetary factors that affect human behavior.
Course: Economics of Crime (Lecture) 2 WLH

This course presents a behavioral perspective to the economic model of crime. We
discuss how different disciplines have understood criminal participation and consider
how to model empirically the decision to engage into crime.
According to material in the course. Students should be able to derive the economic
model of crime, introduce modification to it and make predictions on how this affects
behaviour. Students should be able to understand the empirical limitations and
problems on the empirical estimation of the model of crime and be able to discuss how
limitations could be addressed.

none Microeonomics, Macroeconomics, Statistics,
Econometrics

English Prof. Marcela Ibanez Diaz

twice 1-3
117
4 WLH
Module M.WIWI-VWL.0083: Economic Reform and Social Justice in
India

This module deals with the economic transformation of India since 1991. The students Attendance time:
• get to know the main features characteristic of the economic re-structuring of India 56 h
Self-study time:
during the past two decades
124 h
• are familarised with the phenomenon of economic growth on the one hand and
malnutrition and illiteracy on the other occurring simultaneously
• acquire knowledge about the central public debates concerning social injustice and
the possibility of government interventions.
Courses:
1. Economic Reform and Social Justice in India (Lecture) 2 WLH
2. Exercise course 2 WLH

pages text)
Ability
• to demonstrate knowledge of the main features characteristic of the economic re-

structuring of India during the past two deacdes;
• to deal with the phenomenon of economic growth on the one hand and malnutrition
and illiteracy on the other occurring simultaneously;
• to describe the central public debates concerning social injustice and the possibility
of government interventions.

none none
English Prof. Dr. Sebastian Vollmer


twice

20
118
4 WLH
Module M.WIWI-VWL.0085: Advanced Microeconomics

This course presents a formal treatment microeconomic theory. Students learn how to Attendance time:
formalize decision making by individual agents and strategic interaction. The course 56 h
aims at provide students with the skills required to understand and develop new Self-study time:
economic models. 124 h
Courses:
1. Advanced Microeconomics (Lecture) 2 WLH
Contents:
• Consumer and production theory
• General equilibrium
• Decision under risk and uncertainty
• Game theory
2. Advanced Microeconomics (Tutorial) 2 WLH
Demonstrate the understanding of the main concepts and techniques developed in
lectures. Ability to solve analytical exercises.

none BA level microeconomics and mathematics


twice 1-2

not limited

The courses "M.WIWI-VWL.0001: Fortgeschrittene Mikroökonomik" and "M.WIWI-VWL.0085: Advanced
Microeconomics" are equal. Students can conclude only one of these courses.
119
4 WLH
Module M.WIWI-VWL.0086: Macroeconomics of Open Economies

Understanding of macroeconomic issues in open economies Attendance time:
56 h
Self-study time:
124 h
Courses:
1. Macroeconomics of Open Economies (Lecture) 2 WLH
2. Macroeconomics of Open Economies (Tutorial) 2 WLH
Knowledge of open economy macro issues including the determinants growth, inflation,
business cycles and capital flows

none BA level macroeconomics and econometrics

English Prof. Dr. Holger Strulik
Dr. Timo Trimborn


twice 1-4

not limited

The courses "M.WIWI-VWL.0002: Makroökonomik offener Volkswirtschaften" and "M.WIWI-VWL.0086:
Macroeconomics of Open Economies" are equal. Students can conclude only one of these courses.
120
2 WLH
Module M.WIWI-VWL.0090: Seminar on Political Economy

Based on academic papers, understanding different issues of political economy by Attendance time:
writing and presenting an essay on one of the provided topics. Students are also 28 h
required to attend and participate in the presentations of the other class members. Self-study time:
152 h
Students improve their ability to answer a research question based on several academic
papers and to present the ideas in a clear and logically structured way. They get familiar
with some important issues in political economy.
Course: Seminar on Political Economy 2 WLH
Examination: Presentation (approx. 30 minutes) with written elobaration (max. 15 6C

pages)
Good understandig of the academic literature on the provided topic.

none Basic knowledge in microeconomics



twice 1-2

25
121
4 WLH
Module M.WIWI-VWL.0092: International Trade

This course introduces the students to the core theoretical concepts explaining Attendance time:
international trade patterns and various sources of trade flows like different technologies 56 h
and factor endowments. Furthermore, the students learn about the gains and losses Self-study time:
from international trade and the effect on factor prices and wages. 124 h
In addition to the traditional explanations for trade patterns, recent approaches are
introduced which are able to explain patterns that are observed today.
Moreover, we discuss whether the predictions implied by theoretical models can be
confirmed empirically.
Courses:
1. International Trade (Lecture) 2 WLH
2. International Trade (Tutorial) 2 WLH

Presentation of a group work (approx. 20 min )
Demonstrate a profound knowledge of the core theoretical concepts in International
Trade. Students should be able to assess the theoretical models with respect to
empirical applications.

none none


twice 1-2

not limited

The courses "M.WIWI-VWL.0003: Reale Außenwirtschaft" and "M.WIWI-VWL.0092: International Trade"
are equal. Students can conclude only one of these courses.
122
2 WLH
Module M.WIWI-VWL.0094: Geographical Economics

The students are able to Attendance time:
28 h
• understand the meaning of geographical aspects in economic theory
Self-study time:
• understand and determine structural characteristics, decisions of supply and
152 h
demand, as well as adjustment dynamics to the long-run equilibrium within the
core-periphery model and in various other models of economic geography
• interpret tendencies of agglomeration, concentration and specialization in the
European Union and in an international context
• describe and explain agglomeration tendencies that occur due to the activity of
multinational enterprises and foreign direct investments
• explain world trade and economic growth with the models of economic geography
and can differentiate the results from other models
Course: Geographical Economics (Lecture) 2 WLH

Contents:
• Geographical aspects in economic theory
• The core-periphery model from Krugman and further models of economic
geography
• Agglomeration tendencies in the European Union and in an international context
• Multinational enterprises, foreign direct investments and agglomeration
• Agglomeration, the structure of world trade and economic growth
Proof of knowledge of the theoretical foundations and applications of Geographical
Economics and the achievement of the aims of the course.

none good BA-level knowledge in Mathematics,
Microeconomics and Macroeconomics is strongly
recommended and basic knowledge in Econometrics

English Dr. Astrid Krenz


twice 2-4

not limited
123
3 WLH
Module M.WIWI-VWL.0095: International Political Economy

Understanding of mechanisms of direct and representative democracy, voting in Attendance time:
international organizations, lobbying, collective action, economics of alliances, trade 42 h
wars, trade negotiations, GATT and WTO, custom unions, free trade areas and the EU, Self-study time:
protection for sale, globalization. 138 h
Courses:
1. International Political Economy (Lecture) 2 WLH
Contents:
Direct and representative democracy, voting in international organizations, lobbying,
collective action, economics of alliances, trade wars, trade negotiations, GATT and
WTO, custom unions, free trade areas and the EU, protection for sale, globalization.
2. International Political Economy (Tutorial) 1 WLH
Students have achieved a solid understanding of the mechanisms of direct and
representative democracy, voting in international organizations, lobbying, collective
action, economics of alliances, trade wars, trade negotiations, GATT and WTO, custom
unions, free trade areas and the EU, protection for sale, globalization.

none Modul "International Trade"


twice 3-4

not limited
124
2 WLH
Module M.WIWI-VWL.0096: Essentials of Global Health

Comprehensive understanding of global health. Attendance time:
28 h
Self-study time:
152 h
Course: Essentials of Global Health (Lecture with Tutorial) 2 WLH

Contents:
The course will introduce students to the main concepts of the public health field and
the critical links between global health and economic development. Students will get an
overview of the determinants of health and how health status is measured. Students will
also review the burden of disease, risk factors, and key measures to address the burden
of disease in cost-effective ways. The course will be global in coverage but with a focus
on low- and middle-income countries and on the health of the poor.

pages)
Comprehensive understanding of global health.

none none


twice 1-2
125
4 WLH
Module M.WIWI-VWL.0099: Poverty & Inequality

This course provides an in-depth analysis of inequality, poverty and related economic Attendance time:
issues at the graduate level. The course covers theories of justice, methodological 56 h
aspects of poverty & inequality measurement, global aspects of poverty & inequality, Self-study time:
effects of inequality on socio-economic outcomes, gender inequalities, inequality 124 h
and poverty in rich countries as well as development policy targeting poverty. Some
familiarity with development issues and empirical methods is highly desirable but
not required. The course is open to M.A. students in development economics and
international economics as well as graduate students from related fields.
Courses:
1. Poverty & Inequality (Lecture) 2 WLH
2. Poverty & Inequality (Tutorial) 2 WLH
Examination: Practical examination with written elaboration (max. 5 pages) 2C

Demonstrating skills related to the measurement of poverty and inequality.
Demonstrating an understanding of the drivers and consequences of poverty and
inequality and their interlinkages based on the most recent scientific literature.

Application of theoretical concepts to measure poverty and inequality using real data
from a developing countries and statistical software like Stata.

none none


twice 1-4

40
126
2 WLH
Module M.WIWI-VWL.0100: Economics of Health Care Policy

Self-study time:
152 h
Course: Economics of Health Care Policy (Seminar) 2 WLH

Contents:
This seminar covers selected topics on the economics of health care policy. The
seminar is structured in three parts. The first part introduces fundamental concepts
of social justice, health equity and international health comparisons. The second part
covers current issues of health care, health insurance and consumer behavior in high-
income countries. The third part discusses challenges of health systems, the role of
health workers, health care financing and challenges from major diseases in low-income
countries.

pages text)

none none


twice 1-4

20
127
2 WLH
Module M.WIWI-VWL.0105: Controversies in Development Econo-
mics

The seminar addresses controversial issues in development economics. Such issues Attendance time:
may be more topical (for example: Investments in agriculture and land: Land grab or 28 h
development opportunity?) or more analytical (for example: The role of the state in Self-study time:
economic development: Market-led development or interventionist models?). Based on 152 h
the seminar papers, which will take a balanced stance toward a specific controversy,
students will prepare a presentation that assumes a one-sided position during the
seminar. Moderated discussions between two positions will be preceded and followed by
a vote of the entire group to assess how convincing the respective presenter has made
his or her argument. The seminar topics are subject to change every term.
Course: Controversies in Development Economics 2 WLH

pages)
Students will have to write a seminar paper, prepare a presentation, participate in the
discussions and briefly discuss a paper of another student.

none none

English Jun.-Prof. Dr. Jann Lay

twice 3-4

20
128
4 WLH
Module M.WIWI-VWL.0108: Advanced Macroeconomics

Understanding of the following topics: Attendance time:
56 h
1. Economic growth processes, in particular the role of investment, R&D and human
Self-study time:
capital
124 h
2. Real-business-cycle theory and policy, monetary policy
3. Fiscal Policy, in particular governmental taxes and budget deficits
4. Consumption and investment decisions
Courses:
1. Advanced Macroeconomics (Lecture) 2 WLH
2. Advanced Macroeconomics (Exercises) 2 WLH

Proving the ability to apply the mathematical tools and economic models discussed in
the course to analyze:
• the impact of investment, R&D subsidies and human capital accumulation on
economic growth.
• the causes of real-business-cycles and potential policies to influence them
• the effects of monetary and fiscal policy
• the determinants of individual consumption and investment decisions

none none



twice 1-4

not limited
129
2 WLH
Module M.WIWI-VWL.0109: Recent Topics in Fiscal Policy

The students should learn to understand research papers related to recent topics in Attendance time:
macroeconomic fiscal policy. They should be able to summarize, present and discuss 28 h
these papers and relate them to the literature. Self-study time:
152 h
Course: Recent Topics in Fiscal Policy (Seminar) 2 WLH

Contents:
In the seminar, recent research topics related to fiscal policy are discussed. The focus is
on the macroeconomic impact of fiscal policy.

pages)
Preparation of a seminar thesis related to one assigned topic, presentation of the topic,
and discussion of another presenter’s topic.

none Macroeconomics, Mathematics, and Econometrics
as taught in the typical BA-courses. One master
course covering a Macroeconomic topic is
recommended.

English Dr. Timo Trimborn

twice 1-4

15
130
2 WLH
Module M.WIWI-VWL.0110: Seminar in Regional and Urban Econo-
mics

The seminar covers theoretical models and empirical studies in the areas of Regional Attendance time:
and Urban Economics and a field that has become known as the New Economic 28 h
Geography. Students will gain a good understanding of current research topics in these Self-study time:
areas and will moreover 152 h
• gain the ability to read and understand literature related to current advances in
Regional and Urban Economics and the New Economic Geography
• learn how to develop coherent research questions
• analyze their research question applying theoretical or empirical methodologies
• practice their academic writing
Course: Seminar in Regional and Urban Economics (Seminar) 2 WLH
Examination: Presentation (approx. 20 min) with written elaboration (max. 15

pages)
The credits are given for the presentation and for the written paper on the same
subject. In the presentation, the students demonstrate their ability to present complex
theoretical models and empirical studies. In the paper, students demonstrate their ability
to synthesize important findings from both theoretical models and empirical studies,
to develop a sound research question based on the literature and to write a scientific
paper.

none Modul “Geographical Economics”



twice 2-4

14
131
2 WLH
Module M.WIWI-VWL.0112: Financial Markets and the Macroecono-
my

Students acquire knowledge about the role of international financial markets for the Attendance time:
macroeconomy. Further, students apply their statistical and econometric knowledge to 28 h
relevant economic questions. Self-study time:
152 h
Course: Financial Markets and the Macroeconomy (Seminar) 2 WLH

Contents:
The seminar focuses on the interdependences between financial markets and the
macroeconomy. Motivated by the Great Recession, we discuss various channels
through which financial markets may have an effect on real macroeconomic variables.
Further, the international dimension of financial markets is highlighted, by discussing
international transmission channels of financial shocks.

pages)
Scientific paper and solid presentation skills

none Basic econometrics and knowledge of open
economy macroeconomics


twice 3-4

20
132
4 WLH
Module M.WIWI-VWL.0113: Financial Econometrics

Students acquire and apply important econometric techniques in the area of Attendance time:
international finance, macroeconomics, and financial. The focus will be on relevant 56 h
applications rather than on statistical theory. Special emphasis will be placed on the Self-study time:
development of programming skills in MATLAB. Students learn (i) how to work with real 124 h
world data, (ii) how to set-up an econometric model in order to answer specific research
questions, and (iii) how to present the results.
Courses:
1. Financial Econometrics (Lecture) 2 WLH
Contents:
a) Univariate time series modeling: ARMA models, Box-Jenkins approach, forecasting
b) Multivariate models: simultaneous equations, Vector ARMA models
c) Non-stationary time-series: unit roots, cointegration
d) Modeling volatility: ARCH and GARCH models
2. Financial Econometrics (Programming class) 2 WLH
Contents:
a) Introduction to MATLAB
b) Working on programming exercises
c) Working on empirical project

Students will work on an empirical project, writing their own MATLAB code to analyze
real world data. Depending on the number of participants, students will work in groups.
The results of the group work will be presented in front of the class.
The exam covers contents of the lecture and the programming class.

none Econometrics I



twice 3-4

not limited
133
4 WLH
Module M.WIWI-VWL.0114: Finance and Development

Upon completion of this course, students should have developed the capacity to Attendance time:
comprehend and critically assess current theoretical and empirical research in the 56 h
discussed fields. Self-study time:
124 h
Courses:
1. Finance and Development (Lecture) 2 WLH
Contents:
The course focuses on the role of finance and financial markets for economic
development in developing countries. The course consists of two parts. The aim of the
first part of the course is to introduce students to basic concepts of financial markets,
the role of financial institutions and financial decisions of households in developing
countries. The second part focuses on analyzing specific aspects of household finance.
It deals for instance, with risk and uncertainty, financial decisions of households, private
savings, investments and insurances.
2. Finance and Development (Tutorial) 2 WLH
Good understanding of the discussed topics and the recommended literature.

none A profound knowledge of microeconomics and
statistics.

English Dr. Ute Filipiak
unregular 1 semester[s]

twice 1-4
134
2 WLH
Module M.WIWI-VWL.0115: Topics in Public Economics

Students get familiar with current research areas and improve their knowledge on Attendance time:
research methods. Further, they learn how to write a seminar paper and to present a 28 h
topic in a clear and logically structured way. Self-study time:
152 h
Course: Topics in Public Economics (Seminar) 2 WLH

Contents:
The students study topics in the field of public economics (e.g., taxation, public goods,
economics of education, incentives of politicians, redistribution, media, and charitable
giving).

pages)
Students are supposed to show good understanding of their topic and to present their
work in a clear and concise way both in written and verbal form.

none Basic knowledge in microeconomics, econometrics,
and public economics

Dr. Christian Bruns

twice 1-4

20
135
2 WLH
Module M.WIWI-VWL.0116: Special Interest Politics

The course provides insights towards understanding interest-group politics from an Attendance time:
incentive perspective, and the actual role played by SIGs in real political systems. 28 h
Self-study time:
152 h
Course: Special Interest Politics (Lecture) 2 WLH

Contents:
This course focuses on the mechanisms by which groups of pressure (e.g. lobbies)
influence policy outcomes in modern democracies and/or in developing countries.
Special interest groups (SIGs) are ubiquitous in U.S. politics and in the political systems
of most countries. We will ask, and provide answers to, the following questions: What
qualifies a voluntary association as a SIG? How do SIGs derive and consolidate their
power and influence? Which channels (feasible strategies) do they exploit to bias policy
outcomes to their favour? What happens when groups with differing objectives compete
for influence?
The course introduces and analyzes several theoretical tools (e.g. campaign giving,
influence buying, informational lobbying), progressing from standard constructions to
more complex frameworks.
developed in the module, and ability to apply them to analyze economic
questions related to the role of pressure groups and lobbies in the political
arena.

none Microeconomic theory, Basic Game theory



twice 2-3

not limited
136
4 WLH
Module M.WIWI-VWL.0117: Growth, Resources, and the Environ-
ment

Students should learn how non-renewable resources, which are necessary in Attendance time:
production, affect growth. Furthermore, they should learn how resource use affects 56 h
the environment and which policy measures are suitable to mitigate environmental Self-study time:
degradation. Finally, they should be able to investigate the interplay of renewable 124 h
resources and growth.
Courses:
1. Growth, Resources, and the Environment (Lecture) 2 WLH
2. Growth, Resources, and the Environment (Exercise) 2 WLH

none Macroeconomics and Mathematics

Dr. Katharina Werner


twice 2
30
137
2 WLH
Module M.WIWI-VWL.0118: Seminar on the Global Business Cycle

The seminar focuses on current topics associated with business cycle synchronization Attendance time:
across countries. We discuss the co-movements of macroeconomic aggregates and 28 h
analyze role of the globalization and region-specific factors. Therefore, we examine the Self-study time:
question whether globalization results in a convergence of macroeconomic aggregates 152 h
over time or whether those are rather decoupling, as proposed in the recent literature.
Furthermore, we consider potential driving forces of an international business cycle.
Course: Seminar on the Global Business Cycle 2 WLH

pages)
The students should be able to elaborate on a recent topic independently. This
process involves literature research, scientific work and writing and the appropriate oral
presentation of the written paper.

none Macroeconomics, Introductory Econometrics


twice 2-4

20
138
2 WLH
Module M.WIWI-VWL.0119: Portfolios of the Poor

comprehend and critically assess current theoretical and empirical research in the field 28 h
of finance and development. Self-study time:
152 h
Course: Portfolios of the Poor (Seminar) 2 WLH

Contents:
This seminar covers selected topics on household income, household financial spending
and the economics of microfinance. The seminar is structured in two parts. The first
part introduces fundamental concepts of money management, savings and portfolios of
households in low-income countries. The second part covers current issues of micro
finance and discusses challenges of financial risks, financial learning and the role of
financial institutions. The course will discuss how individuals in developing countries
manage their household finance and budgeting, while they live on very small incomes as
well as it will look on how micro finance institutions provide financing for the poor.

pages)
Good understanding of the theoretical concepts and empirical methods in the field of
microfinance, and presentation of the academic literature.

none Modul "Development Economics I", Modul
"Development Economics II", Modul "Econometrics
I", Microeconomics
English Ute Filipiak

not specified 1 semester[s]

twice 2-4

20
139
2 WLH
Module M.WIWI-VWL.0120: Dynamic Macroeconomics

changes.
Course: Dynamic Macroeconomics (Lecture) 2 WLH

Contents:
This course’s aim is to introduce students to the recent literature on business
cycle theory and econometrics. The course focuses on basic techniques for
constructing, solving and estimating (linearized) Dynamic Stochastic General
Equilibrium (DSGE) models, like e.g. the Kalman filter and Bayesian
estimation. Topics include, but are not limited to, the following:
i) Solving Rational Expectations (RE) models (e.g. Perturbation methods);
ii) Identification of linearized DSGE models;
v) Kalman filtering theory and ML estimation of linearized DSGE models.
Examination: Written Examination (90 minutes) 6C
developed in the module.

none Mathematics and Statistics, Basic Macroeconomics


twice 3-4

not limited
140
2 WLH
Module M.WIWI-VWL.0121: Seminar in Indeterminacy and Sunspots
in Macroeconomics

changes.
Course: Seminar in Indeterminacy and Sunspots in Macroeconomics 2 WLH

Contents:
This seminar covers theoretical foundations and empirical counterparts
(quantitative aspects) of two topics which are central to modern
macroeconomic theory: multiple (locally nonunique) equilibria and sunspots
in stochastic dynamic models, and equilibirum selection in the presence of
indeterminacy. In particular we will focus on (i) recent literature which
exploits indeterminate equilibrium models to understand macroeconomic data
and explain propagation mechanisms of business cycles and the
transmission of policy changes; and (ii) different strand of scholarly work
which aims at providing insight into the (possibly endogenous) mechanisms
of equilibrium selection when indeterminacy arises.

pages)
Good knowledge of the topics and methodologies discussed in the Seminar,
and ability to develop a research proposal. Depending on the number of
participants, students may work in groups. Research proposals will also be
presented in front of the class.

none Basic Macroeconomic theory



twice 3-4

30
141
2 WLH
Module M.WIWI-VWL.0122: Seminar on Behavioral Development
Economics

Students will: Attendance time:
28 h
• Refresh concepts of micro-economic theory.
Self-study time:
• Undestand why the assumption of neoclassical micro economic models fail.
152 h
• Learn alternative models that accommodate failures in rational decision making.
• Understand the importance of using behavioral economic to study poverty and
development.
Course: Seminar on behavioral development economics 2 WLH

Contents:
This course discusses how the behavioral approach can help to understand poverty
and development and how it can be used for policy design. We discuss the advantages,
limitations and potential of field experimental methods.

pages)
In the presentation, the students demonstrate their ability to present complex theoretical
models and empirical studies. In the paper, students demonstrate their ability to
synthesize important findings from both theoretical models and empirical studies, to
develop a sound research question based on the literature and to write a scientific
paper.

none Micro-economics, Econometrics


every winter term 1 semester[s]

twice 3-4

20
142
2 WLH
Module M.WIWI-VWL.0123: Recent Topics in Macroeconomics

The students should familiarize with a recent macroeconomic topic and be able to Attendance time:
summarize the academic discussion with respect to this topic. Furthermore, students 28 h
should be able to critically discuss actual research with respect to this topic. Self-study time:
152 h
Course: Recent Topics in Macroeconomics (Seminar)

Contents:
In the seminar a macroeconomic topic is investigated, which has attracted attention in
academia recently and is subject to an ongoing academic debate.

pages)
The students are required to summarize and explain one or two research papers,
critically discuss the results, and relate the papers to research in that field.

none Mathematics, Macroeconomics



twice 1-4
15
143
2 WLH
Module M.WIWI-VWL.0124: Seminar in Financial Econometrics

Students acquire important econometric techniques including ARMA models, ARCH / Attendance time:
GARCH models, simulation methods, and filtering methods. 28 h
Further, students improve their skills in writing a seminar paper and presenting a topic in Self-study time:
front of an audience. 152 h
Course: Seminar in Financial Econometrics 2 WLH

Contents:
This seminar covers topics in time series analysis with an emphasis on applications in
macroeconomics, international finance, and financial economics.
The focus will be on both the statistical theory as well as relevant applications in
macroeconomics and finance.

pages)
regular participation.
The students should be able to elaborate on a topic independently. This process
involves literature research, scientific work and writing and the appropriate oral

none Econometrics I


twice 3-4

20
144
2 WLH
Module M.WIWI-VWL.0125: Global Health

At the end of the course, students will be able to Attendance time:
1. Analyze the relationships between global health, population dynamics and human and 28 h
Self-study time:
economic development, using key concepts in these fields of study
152 h
2. Critically evaluate academic articles and policy reports on population and global
health issues
3. Synthesize and present texts on global health in verbal discussion, oral presentation,
and written briefs
4. Produce research papers that present balanced, thoughtful, and well-evidenced

arguments on topics in global health and population.
Course: Global Health (lecture) 2 WLH

Contents:
Individual vs. Population Health; Global Burden of Disease; Evaluation of Global Health
Interventions I; Evaluation of Global Health Interventions II; Wealth and Health of
Nations; Social Determinants of Health; Health Systems and Financing; Global Health
Governance and Management

Examination: Essay (max. 2 pages) 2C


none Understanding of basic concepts and strong interest
in global health, sound methodological skills.


irregular (every 2-3 semester) 1 semester[s]

twice 3-4

40
145
2 WLH
Module M.WIWI-VWL.0128: Deep Determinants of Growth and Deve-
lopment

Students should acquire a deeper understanding of the mechanisms that lead to long- Attendance time:
run economic development. They should learn about the forces that are linked to 28 h
economic development like demography, education, and fundamental determinants of Self-study time:
economic growth like culture, institutions, geography. 152 h
Course: Deep Determinants of Growth and Development (Lecture) 2 WLH

Contents:
In this course we will study long-run trends in economic development. We will analyze
questions such as
• Why are some countries richer than others?
• Why is a country today richer than several generations ago?
• How can historical events affect the economy today?
• What are the mechanisms that lead to the transition from stagnation towards
sustained growth?
In particular, the students should learn about the forces that are linked to economic
development like demography, education, and fundamental determinants of economic
growth like culture, institutions, geography
Examination: Oral exam (approx. 20 minutes) or written exam (90 minutes) 6C

none Macroeconomics, Mathematics for Economists,
Economic Growth, Econometrics as taught in the
Bachelor courses

English Dr. Katharina Werner


twice 1-4

not limited
146
2 WLH
Module M.WIWI-VWL.0130: Seminar in Gender Differences in Labor
Economics

Students will Attendance time:
28 h
• gain the ability to read and understand literature on gender differences on labor
Self-study time:
markets
152 h
• develop of research questions
• analyze these questions by applying experimental and empirical methods
• learn how to critically assess of other seminar papers
• practice their academic writing
Course: Seminar in Behavioral Finance (Seminar) 2 WLH

Contents:
The seminar covers experiments and empirical studies in the areas of Behavioral
Economics, Organizational Economics, and gender differences on labor markets.
Students will gain an understanding of current research. In this regard they are
presented to state of the art research papers.
Examination: Presentation of another paper (approx. 5 minutes) 1C

pages)
The credits are awarded for the seminar paper and the presentation which includes
the discussion of the own seminar paper and a paper of another student. In the
presentation, the students demonstrate their ability to present complex experiments and
empirical studies. In the seminar paper, students demonstrate their ability to synthesize
important findings from both empirics and experiments.

none Basic knowledge in Game Theory and Behavioral
Economics

English Jun.-Prof. Dr. Holger A. Rau


twice 2-4

20
147
2 WLH
Module M.WIWI-VWL.0131: Business Cycles in Developing Coun-
tries

The seminar focuses on current topics associated with business cycles in developing Attendance time:
countries. Business cycles in developing countries display different characteristics 28 h
than those in their developed counterparts. We therefore discuss the transmission of Self-study time:
shock in developing countries and whether stabilizing policies be different compared to 152 h
developed countries.
Moreover, we examine whether the extent to which business cycles in developing

countries are explained by global, regional, country-specific, and idiosyncratic factors, is
different compared to developed countries.
The focus of this seminar will be on the empirical rather than the theoretical literature.
Course: Business Cycles in Developing Countries (Seminar) 2 WLH

pages)
The students should be able to elaborate on a recent topic independently. This
process involves literature research, scientific work and writing and the appropriate oral

none Macroeconomics, Introductory Econometrics


twice 2-4

20
148
2 WLH
Module M.WIWI-VWL.0132: New Developments in International Eco-
nomics

The students should familiarize with a recent topic in international economics and should Attendance time:
be able to summarize the academic discussion with respect to this topic. Furthermore, 28 h
students should be able to critically discuss actual research with respect to this topic. Self-study time:
152 h
Course: New Developments in International Economics (Seminar) 2 WLH

Contents:
In the seminar a topic in international economics is investigated, which has attracted
attention in academia recently and is subject to an ongoing academic debate.

pages)
The students are required to summarize and explain one or two research papers,
critically discuss the results, and relate the papers to research in that field.
Examination: Presentation (approx. 5 minutes) 1C

Discussion of topic presented by a fellow student.

none Mathematics, Macroeconomics, Econometrics


twice 1-4

15
149
2 WLH
Module M.WIWI-VWL.0134: Development Economics of Innovations

comprehend and critically assess current theoretical and empirical research in the field 28 h
of development economics of innovation. Self-study time:
152 h
Course: Development Economics of Innovations (Seminar) 2 WLH

Contents:
This seminar covers selected topics on economics of innovations in developing
countries. The seminar is structured in two parts. The first part introduces fundamental
concepts of conditions and constraints for technological adoption and innovation
processes, in low-income countries. The second part covers current issues of innovation
incentives of firms, the effects of innovations on market structure, and intellectual
property rights. The course will discuss how households act as adopters of innovations
and specific aspects of the innovation processes of firms. The seminar will discuss the
aforementioned topics in different markets, e.g. in the agricultural sector but also in other
markets. Some of the given topics have a focus on South Asia.

pages)
Good understanding of the theoretical concepts and empirical methods in the field of
development economics of innovation and presentation of the academic literature.

none Modul "Development Economics I", Modul
"Development Economics II", Modul "Econometrics
I", Microeconomics
English Ute Filipiak


twice 2-4

20
150
4 WLH
Module M.WIWI-VWL.0135: Advanced Economic Growth

Students should acquire a deeper understanding of the mechanisms that lead to long- Attendance time:
run economic development. They should familiarize with the standard growth models 56 h
and should learn about the driving forces of modern economic growth like capital Self-study time:
accumulation, human capital and technology. 124 h
Courses:
1. Advanced Economic Growth (lecture) 2 WLH
Contents:
In this course we will study long-run trends in economic development. We will analyze
questions such as
• Why are some countries richer than others?

• Why do some countries grow more rapidly than others?
• What are the engines of economic growth?
• What are the mechanisms that lead to sustained economic growth?
In particular, the students should learn about the engines of modern economic growth,
like capital accumulation, human capital and technology.
2. Advanced Economic Growth (tutorial) 2 WLH
Examination: Oral examination (20 minutes) or written examination (90 minutes) 6C

none Macroeconomics, Mathematics for Economists,
Economic Growth, Econometrics as taught in the
Bachelor courses

English Dr. Katharina Werner


twice 1-4

not limited
151
2 WLH
Module M.WIWI-VWL.0137: Seminar Games in Economic Develop-
ment

This seminar course aims at examining development issues through the use of Attendance time:
elementary game theory. Participants are expected to give a presentation on a pre- 28 h
assigned reading. Based on this reading is expected that students critically asses the Self-study time:
state of the art and suggest new research ideas. 152 h
Course: Seminar Games in Economic Development (Seminar) 2 WLH

Contents:
• Development traps and coordination games
• Rural poverty development and the environment
• Risk, solidarity networks and reciprocity
• Agrarian Institutions
• Savings, Credit and Microfinance
• Social Learning and Technology Adoption
• Property right, governance and corruption
• Conflict, violence and develpment
• Social capital
Examination: Presentationen (ca. 40 minutes) with written elaboration (max. 5 6C

pages)
Present the selected reading and provide a critical assessment of the topic and
suggestion of further avenues of research.

none none



twice 1-2

18
152
4 WLH
Module M.WIWI-VWL.0138: Quasi-Experiments in Development Eco-
nomics

Students will learn about and be able to apply the most important statistical techniques Attendance time:
for causal inference in development contexts and beyond. 56 h
Self-study time:
124 h
Course: Quasi-Experiments in Development Economics (Lecture with tutorials) 4 WLH

Contents:
The course deals with common quasi-experimental approaches for measuring causal
effects in developing economics. The content focuses on the distinction between
correlation and causality and provides students with a statistical toolkit which will allow
them to plan and conduct their own independent research. Special attention will be paid
to the specific assumptions necessary for each technique to measure causal effect and
common threats to identification (such as selection bias). Students will learn how to
use quasi-experimental techniques in a very practical manner through the replication of
existing work, writing referee reports and drafting their own research proposal using the
attained skills.
• Comprehensive theoretical and practical understanding of causal identification and
the major methods.
• Practical implementation with Stata.

none Basic understanding of statistics and econometrics



twice 2-3

not limited
153
2 WLH
Module M.WIWI-VWL.0139: Seminar on the Economics of the Euro-
pean Union

Students will Attendance time:
28 h
• gain the ability to read and understand the literature in European Economics
Self-study time:
• get a good knowledge of basic theories and recent developments in the field
152 h
• analyze a chosen topic applying theoretical or empirical methodology
• practice their academic writing and oral presentation skills in English.
Course: Seminar on the Economics of the European Union (Seminar) 2 WLH

Contents:
The seminar deals with theoretical and empirical studies in European Economics
and covers aspects of European integration, the European Monetary Union, trade,
competition and industrial policies, European structural and regional policies and labor
market effects.

pages)
The credits are given for the presentation and for the written paper on the same subject.
In the presentation, the students demonstrate their ability to present basic theories
and empirical results in European Economics. In the paper, students demonstrate their
understanding of the models and methods in European Economics and write a scientific
paper on a given topic.

none International Trade


each second semester 1 semester[s]

twice 2-3

14
154
4 WLH
Module M.WIWI-VWL.0140: Economics of Education

This course will help students build knowledge and understanding about the economics Attendance time:
of education, especially on issues from the developing countries. It will familiarize them 56 h
with the existing literature and prepare them for independent research in this area. Self-study time:
124 h
Course: Economics of Education 4 WLH

Contents:
• Human capital and signaling models
• Private and social returns to education
• Education production function
• Teachers: teacher labour market, teaching quality, etc.
• Students: peer effects, tracking, etc.
• Equity aspects: gender gap, affirmative action, etc.
• School choice: private and public investments in education
• Role of cognitive versus non-cognitive skills in labour market outcomes
Examination: Presentation (ca. 30 minutes) with written elaboration (max. 5 pages) 3 C
Students demonstrate a good understanding of the theory and empirical models related
to the economics of education. They are able to critically evaluate existing research to
draw policy relevant conclusions and identify open areas for further research in this field.

none Basics of microeconomics and econometrics

English Dr. Sarah Khan, Dr. Soham Sahoo


twice 1-4

not limited
155
4 WLH
Module M.WIWI-VWL.0141: The economics of information and Inter-
net

The goal of this unit is to introduce a number of economic concepts and tools to Attendance time:
understand and solve issues involved in producing and marketing information goods, 56 h
in building networks of buyers and sellers online and in intermediating economic and Self-study time:
intellectual exchanges. 124 h
The students should come out of this unit with a better understanding of issues faced by
economic actors online, with the ability to understand academic research on this topic
and with the capacity to understand and develop business strategies adapted to this
setting.
Courses:
1. The economics of information and Internet (Lecture) 2 WLH
Contents:
This unit deals with the economics of the production and distribution of information
goods on the Internet. It will analyze the production, pricing and distribution of products
that are mainly informational in nature such as software and news. It will also present
the structure and functioning of Internet-mediated markets as well as models of
production that are specific to the Internet.
Lecture Outline:
1. Information goods: pricing, bundling, versioning, sampling, reputation.

2. Models of consumer search for goods and information online.
3. Intermediation, network effects and platform competition.
4. Open source software and the collaborative production of information goods.
2. The economics of information and Internet (Exercise) 2 WLH
Contents:
Exercises will focus on analyzing specific aspects of the strategies of a range of Internet
companies, as exposed in recent published academic articles.

The exam will consist of half simple exercises and half knowledge questions.
Examination: Essay (max. 15 pages) 2C

The essay will consist of the analysis of the business model of a company involved
in business online, its competitive environment and the specific economic problems it
faces.

none Microeconomics, game theory
156
English Dr. Alexia Gaudeul


twice 1-4

20
157
2 WLH
Module M.WIWI-VWL.0142: Seminar: Central banking in a global
economy

The seminar deals with institutional and monetary policy designs of the major central Attendance time:
banks worldwide. Specifically, the focus is on the functioning and effectiveness of 28 h
monetary policy approaches of the US Federal Reserve, the ECB, the Bank of Japan, Self-study time:
the Bank of England, and the Peoples Bank of China. In front of the crucial impact of 152 h
central banks on the real economy, it is essential to understand their goals, the decision-
making process and the channels of their influence.
Course: Central banking in a global economy (Seminar) 2 WLH
Examination: Presentation (ca. 20 minutes) with written elaboration (max. 15

pages)
Independent research work on one seminar-related issue, resulting in an essay;
presentation of the essay

none Advanced macroeconomics

English Agnieszka Gehringer


twice 2-4
not limited
158
2 WLH
Module M.WIWI-VWL.0143: Mind, Society and Development

This seminar would allow students to build on knowledge gained in the course Attendance time:
behavioral development economics. Students will learn how behavioral economic 28 h
models can be used to understand development and design development policies. Self-study time:
Students are expected to do a critical assessment of existing literature. Identify gaps in 152 h
research and suggest future research questions.
Course: Behavioral Economics (Seminar) 2 WLH
Examination: Presentation (ca. 30 minutes) with written elaboration (max. 10

pages)
Active in discussion
All students are required to write a 10 page term paper doing a critical assessment of
recent developments on the topic. Participants are expected to explain findings of key
papers on the topic, discuss the limitations of the papers and suggest future areas of
research. It is expected that students attend presentations of the peers and participate
actively in the discussion.

none Microeconomic; Statistics, Econometrics


twice 1-3

not limited
159
4 WLH
Module M.WIWI-VWL.0144: International economic policy: Replicati-
on course

The course addresses selected issues of international economic policy using methods Attendance time:
of applied econometrics. By reading, discussing and re-estimating empirical papers on 56 h
the topic, students should learn how to address politically relevant issues with the help of Self-study time:
applied empirical analysis. They will train how to define a research question, how to deal 124 h
with issues of causal identification and model selection, how to perform an empirical
analysis and how to interpret the empirical results.
Courses:
1. International economic policy (Lecture) 2 WLH
Contents:
The lecture discusses empirical papers on selected issues of international economic
policy (including selected questions on trade, migration, and other alternating globally
relevant issues).
2. International economic policy (Exercise) 2 WLH
Contents:
The exercise sessions focus on re-estimating selected empirical papers in a structured
way, using statistical software.
Examination: Practical examination with written elaboration (max. 15 pages)

Up to ten short weekly hand-ins (code and/or explanations, max. half page each) will be
due during the course. Admission to the exam will require a successful collection of at
least 50% of all points achievable in the exercises.
The practical examination consists of performing and documenting an empirical analysis
on a pre-defined topic related to the focus of the course. The written documentation
should explain and discuss the empirical analysis.

none Econometrics 1 and 2 / Causal inference in
economics



twice 2-4

20
160

Participation is limited by the practical module examination.
161
2 WLH
Module M.WIWI-VWL.0145: European Economics

• are able to understand and explain different economic theory and empirical models 28 h
Self-study time:
in European Economics
152 h
• get a good knowledge of basic theories and recent developments in the field
• are able to determine structural characteristics, decisions of supply and demand,
as well as adjustment dynamics to the long-run equilibrium within various models
in European Economics
• learn about different policies in the European Union, i.e. European Monetary
Policy, Regional Policy, Trade Policy, and Agricultural Policy
• are able to interpret the linkages between the history and institutions of
the European Union and its standing in international relations, in European
enlargement strategies and in the migration debate
Course: European Economics (Lecture) 2 WLH

Contents:
The Lecture covers several topics in European Economics. We will deal with the
history and institutions of the European Union, growth aspects, European Monetary
and Regional Policy, as well as Trade, Science and Technology, Competition and
Agricultural Policy. Moreover, the European Labor Market and Environmental Issues
will be investigated. Recent issues covering the European Union and its standing in
International Relations, the challenges of European Enlargement, the demands during
the Financial Crisis as well as recent developments due to the Migration towards the
European Union will be examined.
Proof of knowledge of the theoretical foundations and applications of European
Economics and the achievement of the aims of the course.

none Good BA-level knowledge in Mathematics,
Microeconomics and Macroeconomics is
strongly recommended and basic knowledge in
Econometrics. Prior knowledge in International Trade
is advised.


162
twice 1-3

not limited
163
Module M.WIWI-WB.0001 - Version 2
1 WLH
Module M.WIWI-WB.0001: Scientific Programming

• know the basic structure and operations of the programming environment MATLAB 18 h
Self-study time:
as well as the most important methods for programming with matrices.
72 h
• learn the basic concepts and ways of thinking in scientific programming.
• learn how to efficiently make use of advanced development tools such as the
debugger and the profiler.
• are able to visualize problems and create professional graphics.
• are able to independently solve problems in MATLAB by their own programming –
for example as part of a scientific paper.
Course: Scientific Programming (Computer Exercise) 1 WLH

Contents:
The practical computer course provides a fundamental introduction to scientific
programming with the statistical software “MathWorks MATLAB”. Using the Basic
programming language is a great way to teach the essential concepts of programming
and numerical data processing, and it allows students to acquire skills required
in quantitative sciences. Modern lecture slides available in German and English
languages, which include practical exercises, are used. By using the course material,
the participants will be motivated to focus on the concepts, and they will be able to track
their own progress during the course.
Topics
1. Graphical User Interface

2. Data and Operations
3. Functions
4. Programming Concepts
5. Development Tools
6. 2D- und 3D-Graphics
7. Advanced Solving Algorithms

minutes)
Active participation
Knowledge of the usage and functionality of MathWorks MATLAB. Application of
MATLAB’s built-in operations and functions. Knowledge of importing, processing
and statistical analysis of data. Solving short – even graphical – programming tasks.
Knowledge of programming concepts such as loops and branches. Knowledge of a
“good programming style”.
164
none Mathematics and statistics



twice 1-2

25
165
2 WLH
Module M.WIWI-WB.0005: Advanced Topics in Stata

At the end of the course students will Attendance time:
• be experts at using basic data manipulation commands and creating well formatted 28 h
Self-study time:
output
• be proficient with basic programming skills (using macros, looping and branching) 62 h
• have a good understanding of the particularities of survey data and know how to
analyze it
• be able to debug any Stata code
• know how to extend Stata by writing own subroutines, such as estimation or
postestimation commands
• be experienced with fundamentals of Mata programming
Course: Advanced Topics in Stata (Computer lab session) 2 WLH

Contents:
The course will first refresh participants' knowledge regarding the basic functions of
Stata and then cover advanced topics, such as working with survey data, debugging,
programming and Stata's matrix language Mata.
The course will first refresh participants' knowledge regarding the basic functions of
Stata and then cover advanced topics, such as working with survey data, debugging,
programming and Stata's matrix language Mata.

none Introduction to Stata, basic understanding of
econometrics



twice 1-4

20
166
3 WLH
Module M.WIWI-WB.0006: Introduction to Geographic Information
Systems

Students know the fundamentals of Geoinformation Systems and can apply GIS tools Attendance time:
and techniques for selected ‘real-world’ applications. 42 h
Self-study time:
138 h
Course: Introduction to Geographic Information Systems (Block course) 3 WLH

Contents:
• Structure of Geographic Information Systems
• Data formats and data management
• Acquisition of Spatial data
• Thematic cartography and geographic visualisation
• Data analysis – principles and applications
• Introduction to terrain and image analysis
• Presentation of applied GIS projects
Examination: Project with presentation (approx. 20 minutes) 6C
Students will have to complete and present a project.

none Good general computer knowledge

English Dr. Daniel Wyss

twice 1-4

20
167
2 WLH
Module M.WIWI-WB.0009: Introduction to Qualitative Health Rese-
arch in Low-and-Middle-Income Countries

The goal of this course is to provide students with the knowledge and skills needed to Attendance time:
conceptualize and conduct a rigorous qualitative research project focused on health in 28 h
low and middle income countries. By the end of the course, students will be able to: Self-study time:
62 h
• Describe the theoretical foundations of qualitative research
• Describe the fundamentals of varying qualitative methods, including their strengths
and limitations
• Define and discuss the importance of qualitative research for the public health in
low and middle income countries
• Demonstrate familiarity with key approaches to analysing qualitative data
• Appreciate how qualitative research can be used to facilitate social change
• Write a clear and well-conceptualised qualitative research proposal
Course: Introduction to Qualitative Health Research in Low-and-Middle-Income 2 WLH

Countries (Seminar)
Contents:
Qualitative research represents an important approach within public health and makes
unique contributions to the understanding of health experiences and outcomes, as well
as the impacts of public health programs and interventions. Highlighting qualitative
methods in low-and-middle-income countries (LMIC), this course will provide students
with a strong foundation regarding qualitative methods through a comprehensive
overview of diverse types of qualitative research and key approaches to analyzing
qualitative data. The theoretical and philosophical foundations underlying qualitative
approaches will be covered, as will key methods including ethnography/participant-
observation, qualitative interviews, focus group discussions, and survey research
and questionnaire development. The course will highlight the potential of qualitative
methods to contribute to interdisciplinary or mixed-methods research focused on health
experiences and outcomes. Applied learning opportunities will be emphasised to help
prepare students to conduct future qualitative health research.
Two 2-hour sessions each week in a seminar and tutorial format. Required readings
will be critically assessed through facilitated group discussions. Some of the group
discussions will be student-led and each student will be responsible for being the
primary discussant for at least 1 reading over the course of the semester. Tutorials will
provide students with the opportunity for experiential hands-on learning, as we will be
practicing the tools learned during the seminar.
Examination: Term paper (max. 15 pages)
Students will be required to write a research proposal for a qualitative or mixed-methods
research study in a LMIC on the topic of their choice. The proposal should contain all
168
of the elements required to describe a proposed qualitative study in detail including:

introduction, background, research problem, research objectives or question, methods of
data collection and analysis.

none none

English Siobhan Doria


twice 1-4

25
169
Module M.WIWI-WIN.0001 - Version 7
2 WLH
Module M.WIWI-WIN.0001: Modeling and System Development

Upon successful completion, students are able to Attendance time:
28 h
• describe and explain the principles and elements of modeling techniques and
Self-study time:
design possibilities of systems
152 h
• apply selected methods for modeling systems independently,
• select an appropriate method for modeling a task and delineate versus the benefits
of other methods,
• outline the development of systems in the business environment and to evaluate
and to transfer this to related situations,
• analyze and reflect critically selected current trends in the field of system
development in group work and
• work in groups on tasks with the help of acquired communication and
organizational skills.
Course: Modeling and System Development (Lecture) 2 WLH

Contents:
• Basics
• System survey
• Process modeling
• Object modeling
• Design of systems
• Implementation
• Integration of systems
• Quality management in system development
• Configuration management
• Cost estimate of system developments

successfully passed term paper and case study (max. 12 pages)
Students show in the exam that they
• can explain, evaluate and apply theories and concepts for modeling processes,
application systems and software, evaluate and apply,
• can explain and assess what they learned in the lectures regarding aspects of
system development ,
• can analyze complex problems in system development in a short time and can
identify both challenges and solutions,
• are able to transfer the approaches teached in the lectures to similar problems.

none none
170

English Prof. Dr. Matthias Schumann


twice 1-3

not limited
171
Georg-August-Universität Göttingen 12 C
2 WLH
Module M.WIWI-WIN.0004: Crucial Topics in Information Manage-
ment

28 h
• know the state of the art as well as future challenges regarding a current research
Self-study time:
theme in Information Management
332 h
• have profound knowledge within the research field they worked upon
• know and understand methods and approaches in order to elaborate on
Information Management topics in a scientific manner
• can elaborate research questions systematically by means of scientific methods
Course: Crucial Topics in Information Management (Seminar) 2 WLH
Examination: Presentation (approx. 30 minutes) with written elaboration (max. 12 C

8000 words)
regular attendance; participation on possibly excursions.
• Scientific and solution-oriented elaboration of current topics in Information
Management
• Writing a seminar paper
• Oral presentation of the seminar paper’s findings
• Collaboration with other students in teams

none Modul "Informationsmanagement"

English Prof. Dr. Lutz M. Kolbe

twice 2-3

20
172
4 WLH
Module M.WIWI-WIN.0008: Change & Run IT

56 h
• know the central differences between production and service provision as well as
Self-study time:
the possibility of bundling both areas to hybrid products,
124 h
• know the fundamentals and key concepts of IT service management and
information management,
• know the contents of the ITIL framework and its core elements in detail:
• service strategy
• service design
• service transition
• service operation
• continual service improvement
• participate in the business simulation Fort Fantastic, and thereby learn about
different aspects of application scenarios for the ITIL- and other management
frameworks,
• know the success factors of (IT-) project management,
• have a fundamental knowledge of the two basic project management frameworks
PRINCE2 und PMBoK,
• know tools and methods of project management, e.g. critical path method and
gantt chart,
• are able to critically reflect on the concepts and methods of IT service
management and project management, apply these to concrete problems and
document them.
Courses:
1. Change and Run IT (Lecture) 2 WLH
2. Change and Run IT (Tutorial) 2 WLH

Participation in the simulation game Fort Fantastic. The attendance of guest lectures
which may be part of the module are obligatory and are considered as precondition to
take the examination.
In the module examination, the students demonstrate that they are able to reproduce
fundamental knowledge and basic concepts of IT service management and project
management. Besides, they are able to apply acquired knowledge within case studies
in a solution-oriented manner. In particular, this includes transferring knowledge from
the ITIL framework to different fields of application and the utilization of IT service
management methods. In addition, the students are able to critically assess the
proposed procedures and adapt these to specific problem areas.
173

none none

English Prof. Dr. Lutz M. Kolbe


twice 1-2

50

The module is offered in each semester. In the summer term, lecture and tutorial take place regularly,
whereas in the winter term only the tutorial is offered and the lecture has to be prepared through self-study
which is based on the recorded lecture of the respective previous summer semester.
174
3 WLH
Module M.WIWI-WIN.0019: Business Intelligence and Decision Sup-
port Systems

• This course aims to enable students to understand the basic principles of business Attendance time:
intelligence (BI) and decision support systems (DSS). 42 h
• Provide a skillset suited for addressing unstructured decision situations that require Self-study time:
advanced data processing and analysis. 138 h
• Give an overview of methods and tools required in modern performance reporting.
• Provide an introduction to data visualization and the application / value of these
methods.
• Provide an understanding of how to apply data and text mining methods.
Courses:
1. Business Intelligence and Decision Support Systems (Lecture) 2 WLH
Contents:
• Conceptual, methodological and technical foundations of BI and DSS.
• Decision support processes and their phases.
• System components needed for the collection, analysis and visualization of
structured and unstructured, as well as semi-structured data.
• Data and text mining methods such as decision trees, neural networks and support
vector machines.
2. Business Intelligence and Decision Support Systems (Tutorial) 1 WLH

Students have to demonstrate profound knowledge of the theoretical and
methodological foundations of the material. They have to show an understanding of
relevant system components providing managerial decision support.

none none

English Prof. Dr. Jan Muntermann


twice 2-3

not limited
175

UGOE Course Catalogue Economic Sciences Year 17-18 PDF

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DIRECTORY OF MODULES

OFFERED IN ENGLISH LANGUAGE

FACULTY OF ECONOMIC SCIENCES

We look forward to welcoming you in Göttingen!

Index by areas of study

I. Faculty of Economic Sciences

B.WIWI-BWL.0052: Logistic Management (6 C, 4 SWS)....................................................................... 9

B.WIWI-BWL.0078: Global Virtual Project Management (6 C, 2 SWS)................................................11

B.WIWI-BWL.0081: Selected Issues in Corporate Governance (6 C, 3 SWS).....................................12

B.WIWI-BWL.0082: Seminar Corporate Valuation (6 C, 2 SWS)......................................................... 13

B.WIWI-BWL.0084: Company Taxation in the European Union (6 C, 2 SWS).................................... 14

B.WIWI-BWL.0087: International Marketing (6 C, 2 SWS)................................................................... 15

B.WIWI-BWL.0088: International Business (6 C, 4 SWS).................................................................... 16

B.WIWI-BWL.0089: Corporate Financial Management (6 C, 4 SWS).................................................. 18

B.WIWI-BWL.0091: Asian Business and Economics (6 C, 2 SWS)..................................................... 20

B.WIWI-VWL.0041: Introduction to Development Economics (6 C, 4 SWS)........................................ 21

B.WIWI-VWL.0043: Political Economy (6 C, 4 SWS)........................................................................... 22

B.WIWI-VWL.0058: Industrial Organization Theory (6 C, 4 SWS)....................................................... 23

B.WIWI-VWL.0059: International Financial Markets (6 C, 2 SWS)...................................................... 24

B.WIWI-VWL.0060: Intertemporal Choice and Saving (6 C, 2 SWS)................................................... 25

B.WIWI-VWL.0061: Dynamic Macroeconomics (6 C, 2 SWS)............................................................. 26

B.WIWI-VWL.0068: Aspects of European Integration (6 C, 3 SWS).................................................... 27

B.WIWI-VWL.0069: Topics in Urban Economics (6 C, 4 SWS)........................................................... 29

B.WIWI-VWL.0070: International economic policy (6 C, 3 SWS)......................................................... 30

B.WIWI-WB.0003: Introduction to Stata (3 C, 2 SWS)......................................................................... 31

M.MED.0001: Linear Models and their mathematical Foundations (9 C, 6 SWS)................................ 32

M.MED.0003: Event data analysis (6 C, 4 SWS)................................................................................. 33

M.MED.0004: Clinical Trials (6 C, 4 SWS)........................................................................................... 35

M.MED.0006: Genetic Epidemiology (6 C, 4 SWS)..............................................................................37

M.WIWI-BWL.0004: Financial Risk Management (6 C, 4 SWS).......................................................... 39

M.WIWI-BWL.0018: Analysis of IFRS Financial Statements (6 C, 4 SWS)..........................................41

M.WIWI-BWL.0020: Risk Management and Solvency (6 C, 2 SWS)................................................... 43

M.WIWI-BWL.0075: Pricing Strategy (6 C, 4 SWS)............................................................................. 45

M.WIWI-BWL.0109: International Human Resource Management (6 C, 3 SWS)................................ 46

M.WIWI-BWL.0110: Strategic Human Resource Development (6 C, 2 SWS)......................................47

M.WIWI-BWL.0111: Selected Topics in Asian Business and Management (6 C, 2 SWS)................... 49

M.WIWI-BWL.0112: Corporate Development (6 C, 4 SWS).................................................................50

M.WIWI-BWL.0115: Human Resource Management Seminar (6 C, 2 SWS).......................................52

M.WIWI-BWL.0116: Asian Business and Management (6 C, 2 SWS)................................................. 53

M.WIWI-BWL.0118: Survey Research (6 C, 2 SWS)........................................................................... 54

M.WIWI-BWL.0122: Cross-Cultural Management (6 C, 2 SWS).......................................................... 55

M.WIWI-BWL.0123: Tax Transfer Pricing (6 C, 2 SWS)...................................................................... 56

M.WIWI-BWL.0125: International Organizational Behavior (6 C, 2 SWS)............................................ 57

M.WIWI-BWL.0126: Consumer Science & Public Policy (6 C, 2 SWS)................................................58

M.WIWI-BWL.0129: International Management Research Seminar (6 C, 2 SWS)...............................59

M.WIWI-BWL.0130: Doing Business in Asia (6 C, 2 SWS)..................................................................60

M.WIWI-BWL.0133: Banking Supervision (6 C, 2 SWS)...................................................................... 61

M.WIWI-BWL.0134: Panel Data Analysis in Marketing (6 C, 2 SWS).................................................. 63

M.WIWI-BWL.0135: Digital Innovations and Design Thinking (6 C, 2 SWS)........................................64

M.WIWI-BWL.0136: Digital Transformation (6 C, 2 SWS)....................................................................66

M.WIWI-BWL.0137: Electronic Commerce Systems (6 C, 2 SWS)......................................................68

M.WIWI-BWL.0139: Discrete Choice Modeling (6 C, 2 SWS)..............................................................70

M.WIWI-BWL.0140: Seminar in Empirical Research (6 C, 2 SWS)..................................................... 71

M.WIWI-BWL.0142: Publishing in Management Journals (6 C, 2 SWS).............................................. 72

M.WIWI-QMW.0001: Generalized Linear Models (6 C, 4 SWS).......................................................... 73

M.WIWI-QMW.0002: Advanced Statistical Inference (Likelihood & Bayes) (6 C, 4 SWS)....................75

M.WIWI-QMW.0004: Econometrics I (6 C, 4 SWS)..............................................................................77

M.WIWI-QMW.0005: Econometrics II (6 C, 4 SWS).............................................................................78

M.WIWI-QMW.0006: Seminar in Applied Statistics and Econometrics (6 C, 2 SWS).......................... 79