Lecture The Modern Firm: Management and Strategy (01-65-0M01-vu, master)

• The lecture is part of the module Economics of the Modern Firm; the second part is Economics of Entrepreneurship taught by Prof. Nitsch
• In the lecture we use economic tools and approaches to analyse how modern companies are managed and organised both conceptually and empirically. The curriculum is split into the economic analysis of within-firm and between-firm topics of interest. In the first part, we cover management practices, decision-making and hierarchies, as well as personnel economics and internal (labour and capital) markets. In the second, we investigate relationships between companies in the form of formal and relational contracts, the vertical and horizontal boundary of the firm (e.g. make-or-buy decisions), and Mergers & Acquisitions. This introduction to key corporate issues in Organisational Economics is taught in business school style and endows students with a set of conceptual ideas to analyse strategic aspects of firm organisation and business environments.
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Seminar in Empirical Policy Evaluation (01-65-BM01-se, bachelor and master)

• The course teaches how econometric methods combined with fundamental economic reasoning can be used in order to determine the causal impact of policies. Students will learn about widely used techniques and influential research in the field. The taught methods will help students to conduct insightful data analyses.
• Pre-requisites:
  • Must be comfortable with multivariate linear regression (OLS) and hypothesis testing
  • Basic microeconomics
• Course introduction (link to pdf (opens in new tab) )
• Examination: Individual presentation of data project and a paper (60%) and individual written assignment (40%)
• The class is taught in English

Vorlesung Mikroökonomie (01-62-0003-vl) (only in German)

• In diesem Modul werden Grundkenntnisse der Mikroökonomie erworben, die zur selbständigen Behandlung einzelwirtschaftlicher Problemstellungen befähigen. Der Kurs ist zweigeteilt. Im ersten Teil werden zunächst Nachfrage und Angebot hergeleitet und dann einander auf wettbewerblichen Märkten gegenübergestellt (Konsum- und Produktionstheorie; Marktanalyse). Dieses friktionslose Gleichgewicht stellt einen effizienten „benchmark“ dar, um im zweiten Teil Auswirkungen von Marktversagen und Gründe für (Staats-)eingriffe zu verstehen. Der Kurs beschäftigt sich hier mit Marktmacht (Spieltheorie; Monopol- und Oligopoltheorie), mit asymmetrischer Information und mit verhaltensökonomischen Mustern.
• Prüfung: 100% schriftliche Prüfung
• Credit points: 5 CP
• Der Kurs wird nur auf Deutsch angeboten

Lecture The Modern Firm: Management and Strategy (01-65-0M01-vu, master)

• The lecture is part of the module Economics of the Modern Firm; the second part is Economics of Entrepreneurship taught by Prof. Nitsch
• In the lecture we use economic tools and approaches to analyse how modern companies are managed and organised both conceptually and empirically. The curriculum is split into the economic analysis of within-firm and between-firm topics of interest. In the first part, we cover management practices, decision-making and hierarchies, as well as personnel economics and internal (labour and capital) markets. In the second, we investigate relationships between companies in the form of formal and relational contracts, the vertical and horizontal boundary of the firm (e.g. make-or-buy decisions), and Mergers & Acquisitions. This introduction to key corporate issues in Organisational Economics is taught in business school style and endows students with a set of conceptual ideas to analyse strategic aspects of firm organisation and business environments.
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Seminar in Empirical Policy Evaluation (01-65-BM01-se, bachelor and master)

• The course teaches how econometric methods combined with fundamental economic reasoning can be used in order to determine the causal impact of policies. Students will learn about widely used techniques and influential research in the field. The taught methods will help students to conduct insightful data analyses.
• Course introduction (link to pdf (opens in new tab) )
• Examination: Presentation (50%) and seminar paper (50%)
• The class is taught in English

No courses were offered.

Lecture in International Trade and Finance (01-62-0005-vu, master)

• This lecture is the first part of the module International Economics; the second part International Finance and Macroeconomics is taught by Prof. Nitsch
• The lecture provides a state-of-the-art foundation in the field of International Trade. In the first part of the course, we cover the history of neoclassical thinking about international trade flows, inequality, and welfare. On this basis we study international trade policy instruments, i.e. their mechanics and consequences. In the second part, we focus on the role of firms in international commerce, including multinational companies. The course provides an introduction to the relevant conceptual frameworks and gives an overview of the key empirical patterns in trade. Students will be enabled to understand and remember the main forces and considerations that shape the international activities of firms and aggregate trade as well as welfare. Moreover, we analyse the impact of policies by applying theoretical models and empirical evidence.
• Please find further information on moodle (link)
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Lecture The Modern Firm: Management and Strategy (01-65-0M01-vu, master)

• The lecture is part of the module Economics of the Modern Firm; the second part is Economics of Entrepreneurship taught by Prof. Nitsch
• In the lecture we use economic tools and approaches to analyse how modern companies are managed and organised both conceptually and empirically. The curriculum is split into the economic analysis of within-firm and between-firm topics of interest. In the first part, we cover management practices, decision-making and hierarchies, as well as personnel economics and internal (labour and capital) markets. In the second, we investigate relationships between companies in the form of formal and relational contracts, the vertical and horizontal boundary of the firm (e.g. make-or-buy decisions), and Mergers & Acquisitions. This introduction to key corporate issues in Organisational Economics is taught in business school style and endows students with a set of conceptual ideas to analyse strategic aspects of firm organisation and business environments.
• Please find further information on moodle (link)
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Lecture in Industrial Organisation (01-65-0B01-vl, bachelor)

• This course provides students with an introduction to Industrial Organisation, i.e. the study of competition and firm behaviour. It provides solid basics in the field and complements many aspects in business studies with an economic perspective. Moreover, it teaches essential concepts required in many business career-paths like consulting.
• Module description (link to pdf (opens in new tab) )
• Please find further information on moodle (link)
• Examination: 90 min written exam at the end of the semester
• This bachelor level class is taught in English

Seminar in Empirical Policy Evaluation (01-65-BM01-se, bachelor)

• The course teaches how econometric methods combined with fundamental economic reasoning can be used in order to determine the causal impact of policies. Students will learn about widely used techniques and influential research in the field. The taught methods will help students to conduct insightful data analyses.
• Course introduction (link to pdf (opens in new tab) )
• Please find further information on moodle (link)
• Examination: Presentation (50%) and seminar paper (50%)
• The bachelor level class is taught in English

Lecture in International Trade and Finance (01-62-0005-vu, master)

• This lecture is the first part of the module International Economics; the second part International Finance and Macroeconomics is taught by Prof. Nitsch
• The lecture provides a state-of-the-art foundation in the field of International Trade. In the first part of the course, we cover the history of neoclassical thinking about international trade flows, inequality, and welfare. On this basis we study international trade policy instruments, i.e. their mechanics and consequences. In the second part, we focus on the role of firms in international commerce, including multinational companies. The course provides an introduction to the relevant conceptual frameworks and gives an overview of the key empirical patterns in trade. Students will be enabled to understand and remember the main forces and considerations that shape the international activities of firms and aggregate trade as well as welfare. Moreover, we analyse the impact of policies by applying theoretical models and empirical evidence.
• Please find further information on moodle (link)
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Lecture The Modern Firm: Management and Strategy (01-65-0M01-vu, master)

• The lecture is part of the module Economics of the Modern Firm; the second part is Economics of Entrepreneurship taught by Prof. Nitsch
• In the lecture we use economic tools and approaches to analyse how modern companies are managed and organised both conceptually and empirically. The curriculum is split into the economic analysis of within-firm and between-firm topics of interest. In the first part, we cover management practices, decision-making and hierarchies, as well as personnel economics and internal (labour and capital) markets. In the second, we investigate relationships between companies in the form of formal and relational contracts, the vertical and horizontal boundary of the firm (e.g. make-or-buy decisions), and Mergers & Acquisitions. This introduction to key corporate issues in Organisational Economics is taught in business school style and endows students with a set of conceptual ideas to analyse strategic aspects of firm organisation and business environments.
• Please find further information on moodle (link)
• Examination: One 90 min written exam at the end of the semester for both parts
• Credit points: 6 CP for both parts
• The class is taught in English

Lecture in Industrial Organisation (01-65-0B01-vl, bachelor)

• This course provides students with an introduction to Industrial Organisation, i.e. the study of competition and firm behaviour. It provides solid basics in the field and complements many aspects in business studies with an economic perspective. Moreover, it teaches essential concepts required in many business career-paths like consulting.
• Module description (link to pdf (opens in new tab) )
• Please find further information on moodle (link)
• Examination: 90 min written exam at the end of the semester
• This bachelor level class is taught in English

Seminar in Empirical Policy Evaluation (01-65-BM01-se, bachelor)

• The course teaches how econometric methods combined with fundamental economic reasoning can be used in order to determine the causal impact of policies. Students will learn about widely used techniques and influential research in the field. The taught methods will help students to conduct insightful data analyses.
• Course introduction (link to pdf (opens in new tab) )
• Please find further information on moodle (link)
• Examination: Presentation (50%) and seminar paper (50%)
• The bachelor level class is taught in English