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Module descriptions

The module description of the MEPS program

The description of the modules of the program version of 2019 are published in Annex 3 of the respective examination regulation. Please survey the following sources for further information: Examination regulation 2019 (English) or the related webpage of the examination office for updates and the German version.

 

 

 I. Compulsory Modules

Advanced Macroeconomics

Credit points
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying
First semester
Qualification goals
  • Advanced knowledge of micro- and macroeconomic methods;
  • Learning advanced methods for the solving of dynamic stochastic general equilibrium models;
  • Applying these methods to various areas of dynamic macroeconomics;
  • Learning the model framework with overlapping generations;
  • Allow students to participate in current academic discussions surrounding dynamic macroeconomics approaches.

Content
  • Resolution of stochastic difference equations;
  • Dynamic optimisation methods (Lagrange methods, Bellmann functional equation, numerical solution methods);
  • Analysis of:
    o Growth: Brock-Mirman model
    o Fiscal policy
    o Unemployment
    o Financial markets in the general equilibrium or OLG model framework


Language: English

Advanced Microeconomics

Credit points:
9
 
Forms of presentations:
Lectures, tutorials and workshop
Form of examination:
Written test
Semester of studying:
First semester
Qualification goals
  • Advance knowledge of advanced microeconomic theory;
  • Understanding the areas in which microeconomic theory apply;
  • Ability to analyse and solve microeconomic problems independently.

Content
  • Theory of consumption;
  • Production;
  • Market failure;
  • General equilibrium;
  • Game theory;
  • Information economics.


Language: English

Mathematics

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
First semester
Qualification goals
  • Knowledge of basic optimisation methods;
  • Knowledge of mathematical methods for comparative static analysis;
  • Knowledge of the mathematical methods of dynamic economic theory.

Content
  • Optimisation, restricted optimisation;
  • Envelope theorem, implicit function theorem, applications in comparative static analysis;
  • Difference equations, differential equations;
  • Dynamic optimisation;
  • Linearisation of dynamic systems.


Language: English

Econometrics

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
First semester
Qualification goals
  • Application of the linear econometric equation model;
  • Calculation of the least squares estimator for the regression coefficients;
  • Hypothesis testing and determination of confidence intervals for the parameters;
  • Creation of point and interval forecasts;
  • Basic knowledge of the generalised linear regression model;
  • Dealing with the special cases of heteroscedasticity and first-order autocorrelation.

Content
  • We address the synthesis of economic theory and mathematical-statistical
    methods. We discuss how economic parameters can be examined from a
    quantitative and qualitative perspective so as to verify the empirical validity
    of economic theoretical models and to analyse economic phenomena


Language: English

 

 II. Basic Elective Modules

Social Policy

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent
Qualification goals
  • Advanced understanding of the reasons and motives for state intervention in the area of social policy;
  • Advanced knowledge of the impact of the various public policy instruments of social policy;
  • Knowledge of the empirical analysis of social policy;
  • The ability to analyse socio-political problems independently.

Content
  • Insurance markets, adverse selection, ex-ante and ex-post moral hazard;
  • Interdependence of social security systems;
  • Dynamic insurance contracts, risk structure compensation;
  • Contracts with healthcare providers;
  • Pay-as-you-earn and defined contribution schemes, Ricardian equivalence, incentive effects of pension schemes;
  • Behavioural economic factors in social policy.


Language: English

Labour Market Policy

Credit points
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying
Infrequent
Qualification goals
  • The goal of this course is to provide students with an introduction to the
    neoclassical theory of the labour market. In particular, this includes
    understanding the decisions surrounding labour supply and demand made
    by workers and businesses. Students should also gain an overview of the
    functioning of labour markets and labour market policies, develop an
    advanced understanding of the reasons and motives for employment
    policy interventions, and acquire advanced knowledge of the impact of
    various public policy instruments in the field of employment policy.

Content
  • Supply and demand of labour
  • Trade unions, pay negotiations, unemployment;
  • Efficiency wages, matching, hysteresis.


Language: English

International Trade

Credit points
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying
Infrequent
Qualification goals
  • Knowledge of important empirical results from international trade;
  • Ability to complete microeconomic analyses of international trade;
  • Understanding the causes and effects of foreign trade;
  • Knowledge of the motives and effects of selected trade policy instruments.

Content
  • Overview of international trade flows;
  • Overview of the causes of foreign trade;
  • International trade with full competition;
  • The importance of "distortions" for international trade (market power, economies of scale, heterogeneity);
  • Factor movements.


Language: English

International Macroeconomics

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent
Qualification goals
  • This course aims to teach the ability to analyse macroeconomic variables
    in the open economy. In this respect, knowledge regarding the most
    important aggregated accounting systems for the description of
    international trade and financial relations is imparted first. This is followed
    by the model-based analysis of macroeconomic relations with foreign
    countries and their significance for the domestic economy. Specifically,
    inter-temporal models on a microeconomic basis are used, which firstly
    allow for a simultaneous view of goods and financial factors, and secondly
    consider flows (transactions) and stocks (e.g. receivables, debts) at the
    same time.

Content
  • Balance of payments, international investment status: Representation and mathematical relations in terms of the domestic economy;
  • One-output models of the relationship between the current account, the movement of capital and the domestic economy;
  • Distributional effects of international economic relations: debtors and creditors;
  • The importance of the size of a country;
  • Heterogeneous goods and terms of trade;
  • The real and nominal exchange rate.


Language: English

Regulation and Public Management

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent
Qualification goals
  • Advanced knowledge of market failure with natural monopolies;
  • Advanced understanding of the problem of incentive-compatible regulation
  • Knowledge of peak load pricing;
  • Knowledge of the basic problems of public procurement;
  • Knowledge of the peculiarities of public management.

Content
  • Natural monopolies;
  • Peak load pricing;
  • Price discrimination;
  • Incentive-compatible regulation;
  • Public procurement, auctions;
  • Public versus private sector organizations;
  • Public-private partnerships;
  • Public management.


Language: English

Fiscal Federalism

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent

Qualification goals

  • Advanced knowledge of the economics of fiscal systems;
  • Knowledge of the advantages and disadvantages of a federal state structure;
  • Knowledge of the effects of fiscal policy instruments in the context of a federal system;
  • Knowledge of empirical methods in federalism research;
  • Knowledge of the political economy of federal systems.

Content
  • Fundamentals of fiscal federalism;
  • The allocation of competencies in the federal system;
  • Fiscal competition, horizontal and vertical tax competition;
  • Financial equalisation systems, insurance and distribution factors;
  • Political and economic aspects of federalism.

 

 

Language: English

Public Finance in Developing Countries

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent
Qualification goals
  • Advanced knowledge of the particularities of public finance in developing and emerging countries;
  • Knowledge of the effects of fiscal policy instruments in the context of developing countries;
  • The ability to independently analyse financial problems in developing countries.

Content
  • Tax systems in developing countries;
  • Tax policy and the informal sector;
  • Special aspects of public spending in developing countries;
  • Politico-economic aspects of public spending in developing countries.


Language: English

Seminar in Economic Policy

Credit points:
6
 
Forms of presentations:
Seminar
Form of examination:
Seminar paper and presentation
Semester of studying:
Infrequent
Qualification goals

The economic policy seminar conveys the ability to independently conduct scientifically sound analyses of economic problems and the ability to elaborate political solutions. This requires knowledge of micro- and macroeconomics as well as applied econometrics at Master's level.


At the end of the module, students will be equipped with the following:

  • Ability to independently analyze economic problems;
  • Ability to formulate potential scientifically sound economic and financial policy solutions;
  • Ability to independently, qualitatively and quantitatively, evaluate different policy measures in the field of economic and financial policy.

Content
  • Tax systems in developing countries;
  • Tax policy and the informal sector;
  • Special aspects of public spending in developing countries;
  • Politico-economic aspects of public spending in developing countries.


Language: English

Urban and Regional Economics

Credit points:
6
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test
Semester of studying:
Infrequent
Qualification goals

The course teaches modern urban and regional economic methods and knowledge at Master's level. This requires knowledge of microeconomics and econometrics at Master's level.


At the end of the module, students are equipped with the following:

  • Understanding of basic spatial economic models;
  • Knowledge of empirical methods in urban and regional economics;
  • Understanding of how the housing market and housing policy instruments work.

Content
  • Economics of urban land use and urban structures;
  • Housing supply and demand;
  • Urban and housing policies;
  • (New) Economic Geography.


Language: English

Current Topics in Business

Credit points:
6
 
Forms of presentations:
Differs
Form of examination:
Differs
Semester of studying:
Infrequent
Qualification goals
  • The students can select a module from the field of Business
    Administration according to their individual areas of special focus. The
    module provides the opportunity to gain knowledge from related
    disciplines which are in an interdisciplinary research or practice context,
    and to contribute to the advanced study and/or specialisation in the field of
    Economics and Business Administration.

Content
  • As the "Current Topics in Business" module, one module can be selected
    once from the "Current Topics in Business” module catalogue. The
    content is oriented to the modules that can be completed. Modules are
    offered in the scope of 6 credit points from the student’s faculty of study
    and from other faculties which contain Business Administration study
    elements that find application in the context of Economics/Business
    Administration. The module catalogue is published each semester in the
    course catalogue no later than one semester before the start of teaching.


Language: English or German

Current Topics in Economics

Credit points:
6
 
Forms of presentations:
Differs
Form of examination:
Differs
Semester of studying
Infrequent
Qualification goals
  • Students can select an economics module according to their individual
    areas of special focus. The module allows students to gain knowledge
    from their personal or related disciplines which are in an interdisciplinary
    research or practice context, and to contribute to the advanced study
    and/or specialisation in the field of Economics.

Content
  • As the "Current Topics in Economics" module, one module can be
    selected once from the "Current Topics in Economics” module catalogue.
    The content is oriented to the modules that can be completed. Modules
    are offered in the scope of 6 credit points from the student’s faculty of
    study which contain economic study elements that find application in the
    context of Economics. The module catalogue is published each semester
    in the course catalogue no later than one semester before the start of
    teaching.


Language: English

 

 III. Spezialization Elective Modules

Aggregate Economic Accounting Systems

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals
  • This course is intended to complement the theory-based courses in the
    MEPS programme by dealing with the ex-post analysis – i.e. the
    description – of the macroeconomic phenomena. Building on their
    knowledge of national accounts from their basic macroeconomic
    education, students become familiar with other important macroeconomic
    calculation models. This enables them to complete a comprehensive
    description of macroeconomic activities (flows) and other variables (in
    particular stocks).

Content
  • Important macroeconomic variables: Definition, testimony, investigation;
  • Distinguishing between changes in price and volume;
  • International comparisons;
  • System of accounts for national accounts;
  • Accumulation calculations and balance sheets;
  • Macroeconomic cash flow statement.


Language: English

Applied Macroeconometrics

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals
  • Basic knowledge of macroeconometric methods and procedures;
  • Advanced understanding of the central problems in empirical economic research;
  • The ability to independently analyse empirical macroeconomic questions with the use of adequate econometric methods and software.

Content
  • Principles of macroeconometrics;
  • Univariate time series models;
  • Multivariate time series models;
  • Implementation of macroconometric methods in applied empirical economic research on the computer.


Language: English

Applied Microeconometrics

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test or Assignment
Semester of studying:
Infrequent
Qualification goals
  • The qualification goal of this module is to increase the understanding of
    the application-oriented econometrics, to impart advanced knowledge of
    microeconometric methods and to enable the students to critically
    evaluate empirical studies.

Content
  • Natural experiments and identification strategies;
  • Difference-in-differences;
  • Regression-discontinuity design;
  • Instrumental variables;
  • Event studies;
  • Regression kink design.


Language: English

Economic Policy

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals
  • Advanced capacity for economic policy analysis;
  • Ability to critically analyse economic policy discourses
  • Ability to formulate personal economic policy recommendations
  • Advanced understanding of market, state and policy failure;
  • Advanced knowledge of the impact of government policy instruments in differing areas of economic policy, such as monetary- and fiscal policy;
  • Extensive knowledge of current economic policy approaches and methods;
  • Understanding the breadth and limits of economic policy models.

Content
  • Normative and positive analysis of economic policy;
  • Traditional and modern approaches to economic policy theory;
  • Formal methods of economic policy;
  • Economic policy makers;
  • Statistical and dynamic analysis of the interaction between politics and the private sector;
  • Limits to the effectiveness of economic policy measures and interventions;
  • Principles of the political economy;
  • Examples-based analysis of selected areas of economic policy, such as monetary and fiscal policy.


Language: English

Economic Development

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals
  • Advanced knowledge of development theory and development policy;
  • Extensive knowledge of current development policy approaches and methods;
  • Advanced capacity for development policy analysis;
  • Ability to critically analyse development policy discourses;
  • Ability to formulate personal development policy recommendations;
  • Understanding the limits of the effectiveness of development policy interventions;
  • Advanced knowledge of the impact of development policy and its instruments;
  • Understanding the breadth and limits of development policy models.

Content
  • Normative and positive analysis of development policy;
  • Classical and modern theories of economic development;
  • Development policy decision-makers;
  • Limits to the effectiveness of development policy measures and interventions;
  • Examples-based analysis of selected areas of development policy, such as investment and trade policy;
  • Development strategies;
  • Economic and institutional conditions of development;
  • Forms and effects of development cooperation;
  • Historic and institutional principles of development.


Language: English

International Economic Policy

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals
  • Advanced ability to analyse international economic policy;
  • Extensive knowledge of current approaches and methods in the field of international economic policy;
  • Ability to critically analyse discourses in the field of international economic policy;
  • Ability to apply trade and monetary policy instruments in the strategic context;
  • Understanding of the interactions of national economic policies and their impact on other countries;
  • Ability to formulate personal economic policy recommendations;
  • Advanced knowledge of the impact of government policy instruments in differing areas of international economic policy;
  • Understanding the breadth and limits of international economic policy models.

Content
  • Normative and positive analysis of the use of trade and monetary policy instruments;
  • Traditional and modern approaches to international economic policy theory;
  • Conflicts in international trade and monetary policy;
  • Possibilities and limits of cooperation in international economic policy;
  • Formal methods of international economic policy;
  • Statistical and dynamic analysis of the interaction between politics and the private sector in the field of international policy;
  • Limits to the effectiveness of economic policy measures and interventions in the international context;
  • The role and importance of international organisations in the field of economic policy.


Language: English

Markets and Strategies I

Credit points:
9
 
Forms of presentations:
Lectures and tutorials
Form of examination:
Written test and Assignment
Semester of studying:
Infrequent
Qualification goals

The course teaches modern industrial economics methodology and insights at Master's level . This requires knowledge of microeconomics at Master's level.


At the end of the module, students are equipped with the following
  • A good understanding of markets and strategies;
  • Advanced knowledge of industrial economics methodology;
  • Ability to independently conduct scientifically sound analyses of markets and strategies from a business as well as a welfare perspective.

Content
  • Market and strategies;
  • Competition Economics;
  • Digital Economy;
  • Industrial economic with a focus on digital markets and competition policy.


We typically cover the following topics
  • Intermediation;
  • Network effects;
  • Two-sided markets;
  • Digital platforms;
  • Supply chain economics;
  • Hybrid retailing;
  • Price discrimination;
  • Geoblocking;
  • Mergers;
  • Collusion.

 

The course will partly be based on the textbook "Industrial Organization: Markets and Strategies" by Paul Belleflamme and Martin Peitz.

 

 

Language: English

Selected Topics in Business

Credit points:
9
 
Forms of presentations:
Differs
Form of examination:
Differs
Semester of studying:
Infrequent
Qualification goals
  • The students can select a module from the field of Business
    Administration according to their individual areas of special focus. The
    advanced module provides the opportunity to gain knowledge from
    related disciplines which are in an interdisciplinary research or practice
    context, and to contribute to the in-depth study and/or specialisation in
    the field of Economics and Business Administration.

Content
  • As the "Selected Topics in Business" module, one module can be
    selected once from the "Selected Topics in Business” module
    catalogue. The content is oriented to the modules that can be
    completed. Modules are offered in the scope of 9 credit points from the
    student’s faculty of study which contain Business Administration study
    elements that find application in the context of Economics. The module
    catalogue is published each semester in the course catalogue no later
    than one semester before the start of teaching.


Language: English

Selected Topics in Economics

Credit points:
9
 
Forms of presentations:
Differs
Form of examination:
Differs
Semester of studying:
Infrequent
Qualification goals
  • Students can select an economics module according to their individual
    areas of special focus. The module allows the student to gain advanced
    knowledge from their personal or related disciplines which are in an
    interdisciplinary research or practice context, and to contribute to the in-
    depth study and/or specialisation in the field of Economics.

Content
  • As the "Selected Topics in Economics" module, one module can be
    selected once from the "Selected Topics in Economics” module catalogue.
    The content is oriented to the modules that can be completed. Modules
    are offered in the scope of 9 credit points from the student’s faculty of
    study which contain advanced economic study elements that find
    application in the context of Economics. The module catalogue is
    published each semester in the course catalogue no later than one
    semester before the start of teaching.


Language: English

 

 IV. Elective Research Modules

Markets and Strategies II

Credit points:
15
 
Forms of presentations:
Lectures, seminars and tutorials
Form of examination:
Written test, seminar paper and Assignment
Semester of studying:
Infrequent

 

Qualification goals


Research modules have been conceived as focal point modules: similar to
a seminar, they are intended to encourage students to address a subject
area independently, but their scope extends far beyond this.
In the research modules, the students are generally required to make a
greater individual contribution and to become more familiar with the
research literature:

  • By completing term papers or addressing problem sets, a more intense
    and advanced critical discussion of economic policy problems and
    concepts is encouraged on an individual analytical level. Before their final
    seminar paper, the students become familiar with dealing with academic
    texts and writing academic papers;
  • The seminar-based components encourage a more intense and
    advanced critical discussion of economic policy problems and concepts at
    the collective level through the discourse with other students;
  • By compiling and presenting the seminar paper, the student should be
    introduced to the current state of research in the relevant field, and be
    prepared for the final thesis in the degree program in terms of the content
    and methods.

At the end of the course, students are equipped with the following
  • In-depth understanding of markets and strategies;
  • Extensive advanced knowledge of industrial economics methodology;
  • Ability to independently conduct scientifically sound analyses of markets and strategies from the perspective of individual
    companies, an industry and the state;
  • Students will be able to conduct conceptual and empirical analyses of markets and strategies on their own using data sets and quantitative methods.

Content
  • Market and strategies;
  • Competition economics;
  • Digital economy;
  • We study both digital and traditional markets using economemtric techniques;
  • Students will learn to analyze industry and market data on their own using statististical software.
 
 

We typically cover the following topics
  • Empirical market definition;
  • Estimating substitution effects;
  • Price correlation analyses;
  • Demand estimation;
  • Market structure and prices;
  • Empirical analyses of digital markets;
  • Quantifying damages of a cartel;
  • Estimating the effects of mergers.
 
We partly use the textbook 'Quantitative Techniques for Competition and Antitrust Analysis' by Peter Davis and Eliana Garces.
 

 

 

Language: English

Monetary Policy and Financial Markets

Credit points:
15
 
Forms of presentations:
Lectures, seminars and tutorials
Form of examination:
Written test, seminar paper and Assignment
Semester of studying:
Infrequent

Qualification goals


Research modules have been conceived as focal point modules: similar to
a seminar, they are intended to encourage students to address a subject
area independently, but their scope extends far beyond this.
In the research modules, the students are generally required to make a
greater individual contribution and to become more familiar with the
research literature:

  • By completing term papers or addressing problem sets, a more intense
    and advanced critical discussion of economic policy problems and
    concepts is encouraged on an individual analytical level. Before their final
    seminar paper, the students become familiar with dealing with academic
    texts and writing academic papers;
  • The seminar-based components encourage a more intense and
    advanced critical discussion of economic policy problems and concepts at
    the collective level through the discourse with other students;
  • By compiling and presenting the seminar paper, the student should be
    introduced to the current state of research in the relevant field, and be
    prepared for the final thesis in the degree program in terms of the content
    and methods.
At the end of the module, the students have:
  • Advanced knowledge of the current theoretical and empirical developments in the areas of monetary theory and finance;
  • Can analyse the economic policy implications of current theoretical and empirical developments in the areas of monetary theory and finance.

Content
  • Monetary theory and policy:
    o Stylised facts of monetary theory;
    o Interplay between monetary and fiscal policy;
    o Neo-Keynesian theoretical framework;
    o Monetary policy in the neo-Keynesian theoretical framework;
    o Conventional and unconventional monetary policy instruments:
  • Financial markets:
    o Analysis of the effects of the existence of asymmetrical information situation;
    o Importance and functions of banks/financial intermediaries;
    o Analysis of financial market crises;
    o Principles of financial market regulation.

Language: English

Public Economics

Credit points:
15
 
Forms of presentations:
Lectures, seminars and tutorials
Form of examination:
Written test, seminar paper and Assignment
Semester of studying:
Infrequent

Qualification goals


Research modules have been conceived as focal point modules: similar to
a seminar, they are intended to encourage students to address a subject
area independently, but their scope extends far beyond this.
In the research modules, the students are generally required to make a
greater individual contribution and to become more familiar with the
research literature:

  • By completing term papers or addressing problem sets, a more intense
    and advanced critical discussion of economic policy problems and
    concepts is encouraged on an individual analytical level. Before their final
    seminar paper, the students become familiar with dealing with academic
    texts and writing academic papers;
  • The seminar-based components encourage a more intense and
    advanced critical discussion of economic policy problems and concepts at
    the collective level through the discourse with other students;
  • By compiling and presenting the seminar paper, the student should be
    introduced to the current state of research in the relevant field, and be
    prepared for the final thesis in the degree program in terms of the content
    and methods.

At the end of the module, the students have:

  • Advanced understanding of economic policy analysis;
  • Advanced understanding of market, state and policy failure;
  • Advanced knowledge of the impact of the various public policy;
  • Instruments in the area of allocation and regulation policy;
  • Advanced knowledge of the theory and policies of taxation;
  • Ability to work independently on economic and financial policy issues.

 


Content

  • Advanced welfare economics;
  • Market failure;
  • Tax incidence analysis, optimum indirect taxation, optimum direct taxation;
  • Applied tax policy.

Language: English

The International Economic System

Credit points:
15
 
Forms of presentations:
Lectures, seminars and tutorials
Form of examination:
Written test, seminar paper and Assignment
Semester of studying:
Infrequent

Qualification goals


Research modules have been conceived as focal point modules: similar to
a seminar, they are intended to encourage students to address a subject
area independently, but their scope extends far beyond this.
In the research modules, the students are generally required to make a
greater individual contribution and to become more familiar with the
research literature:

  • By completing term papers or addressing problem sets, a more intense
    and advanced critical discussion of economic policy problems and
    concepts is encouraged on an individual analytical level. Before their final
    seminar paper, the students become familiar with dealing with academic
    texts and writing academic papers;
  • The seminar-based components encourage a more intense and
    advanced critical discussion of economic policy problems and concepts at
    the collective level through the discourse with other students;
  • By compiling and presenting the seminar paper, the student should be
    introduced to the current state of research in the relevant field, and be
    prepared for the final thesis in the degree program in terms of the content
    and methods.
At the end of the module, the students have:
  • Knowledge of the basic principles of the international economic system and its history;
  • Knowledge of the functioning and development of the key international economic organisations;
  • The ability to integrate the theoretical, historical and institutional aspects of international economic policy.

Content
  • Principles of the development of the international economic system in the 20th century;
  • Stakeholders and institutions;
  • Changes in global power relations in the international economic system;
  • Conflicts and possibilities for cooperation in the 20th century in various areas of policy;
  • Development of institutional cooperation in matters of trade and monetary policy;
  • Analysis and functioning of the main international economic policy organisations, such as the World Trade Organisation, the International Monetary Fund and the World Bank.

Language: English

Current Research Topics in Economics

Credit points:
15
 
Forms of presentations:
Lectures, seminars and tutorials
Form of examination:
Written test, seminar paper and Assignment
Semester of studying:
Infrequent

Qualification goals


Research modules have been conceived as focal point modules: similar to
a seminar, they are intended to encourage students to address a subject
area independently, but their scope extends far beyond this.
In the research modules, the students are generally required to make a
greater individual contribution and to become more familiar with the
research literature:

  • By completing term papers or addressing problem sets, a more intense
    and advanced critical discussion of economic policy problems and
    concepts is encouraged on an individual analytical level. Before their final
    seminar paper, the students become familiar with dealing with academic
    texts and writing academic papers;
  • The seminar-based components encourage a more intense and
    advanced critical discussion of economic policy problems and concepts at
    the collective level through the discourse with other students;
  • By compiling and presenting the seminar paper, the student should be
    introduced to the current state of research in the relevant field, and be
    prepared for the final thesis in the degree program in terms of the content
    and methods.

Students can select an economics module according to their individual
areas of special focus. The module provides the opportunity to learn in-
depth knowledge from the discipline of Economics which contributes to
advanced study and/or specialisation in Economics.


Content

  • As the "Current Research Topics in Economics" module, one module can
    be selected once from the "Current Research Topics in Economics”
    module catalogue. The content is oriented to the modules that can be
    completed. Outside the regular curriculum, research modules are offered
    with a scope of 15 credit points from the student’s faculty of study which
    are related to a current research area of Economics or related disciplines.
    The module catalogue is published each semester in the course catalogue
    no later than one semester before the start of teaching.

Language: English

 

 V. Thesis

Master's thesis in Economic Policy

Credit points:
15
 
  Form of examination:
Written paper
Semester of studying:
Flexible

Qualification goals

  • Identification of and quick introduction to specialist problems;
  • Application of specialist academic standards so as to address and solve problems;
  • Independent problem solving according to academic methods within a given period of time;
  • Application of the technical and methodological skills gained during the course of study;
  • Development of academically and socially-relevant conclusions;
  • Written presentation of the results according to academic standards.

 

Content

  • Topic comes from the field of Economics;
  • The specific contents depend on the respective task.

Language: English

 

 
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