Duisburg-Essen University

• Mercator School of Management •

Faculty of Business

International Exchange of Students and Academic Staff

COURSE

CATALOGUE OF

Duisburg-Essen University

• Mercator School of Management •

Faculty of Business

Course Catalogue

International Exchange of Students and Academic Staff

Course Descriptions

Basic Courses

Advanced Courses

Contents

CONTENTS

PREFACE...................................................................................................1

BASIC COURSES (DIPLOM).....................................................................1

MATHEMATICS.................................................................................1

ACCOUNTING...................................................................................2

MANAGEMENT INFORMATION SYSTEMS.....................................3

STATISTICS ......................................................................................4

LAW ...................................................................................................5

BUSINESS ADMINISTRATION.........................................................6

ECONOMICS.....................................................................................9

BUSINESS EDUCATION AND DIDACTICS .....................................12

ADVANCED COURSES (DIPLOM) ...........................................................13

ACCOUNTING AND AUDITING........................................................13

TAXATION .........................................................................................16

BANKING AND FINANCE .................................................................19

TELECOMMUNICATIONS MANAGEMENT .....................................22

INFORMATION SYSTEMS AND OPERATIONS RESEARCH ..............................................................25

PRODUCTION AND OPERATIONS MANAGEMENT ......................28

LOGISTICS AND TRANSPORTATION MANAGEMENT..................32

HUMAN RESOURCE MANAGEMENT .............................................36

MARKETING......................................................................................39

SERVICE MANAGEMENT AND RETAILING....................................43

MONETARY ECONOMICS AND INTERNATIONAL CAPITAL MARKETS............................................46

INTERNATIONAL TRADE RELATIONS ...........................................48

Contents

ECONOMIC POLICY AND PUBLIC FINANCE .................................52

EAST ASIAN ECONOMIC STUDIES: JAPAN AND KOREA ............54

EAST ASIAN ECONOMIC STUDIES: CHINA...................................56

ECONOMIC POLICY .........................................................................58

MICROECONOMICS AND EMPLOYMENT THEORY......................61

STATISTICS AND ECONOMETRICS ...............................................63

BUSINESS EDUCATION AND DIDACTICS .....................................64

Preface

PREFACE

This course catalogue is especially designed for students of the partner institutions of Mercator School of Management (MSM). The courses described in this broschure are offered at MSM on a regular basis. However, it should be noted that most of the courses are not held each semester. Usually each course is thaught once during an academic year either during the winter semester or during the summer semester. Therefore, each student wishing to study at MSM should check the “Vorlesungsverzeichnis” of Duisburg-Essen University to see which courses are offered during a specific semester at MSM. The “Vorlesungsverzeichnis” can be found online at

www.uni-duisburg-essen.de/VV

All courses at Mercator School of Management are generally thaugt in German language. This course catalogue is seperated into two sections according to the academic level of the courses in the traditional German “Diplom” degree. It takes four to five years to complete the “Diplom” studies. During the first two years students take basic business and economic courses. After having passed an intermediate exam they are eligible to take advanced business and economic courses. The basic business and economic courses of the “Diplom” studies are equivalent to Bachelor courses. In addition, some lower level business and economic courses of the advanced section of the “Diplom” studies are equivalent to upper division Bachelor courses. The upper division courses of the advanced section of the “Diplom” studies are equivalent to courses required to complete a Master degree in Business. The first section of this course catalogue is listing the basic business and economic courses. In the second section advanced courses are listed. The courses for the Bachelor studies are marked separately with the letters “BA”.

Basic Courses

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BASIC COURSES (DIPLOM)

MATHEMATICS

Mathematics for Economists I (BA) Mathematik für Ökonomen I

The purpose of this course is to establish a basic mathematical knowledge in analysis and linear algebra. Mathematics for Economists I deals with notions of amounts, numbers and ratios and covers the field of vectors and matrices, solution methods of linear equations, series and differentials. Mathematics for Economists II (BA) Mathematik für Ökonomen II

Based on Mathematics for Economists I, the emphasis of this course is laid on advanced aspects of analysis, such as functions, differentials and integration with several variables.

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ACCOUNTING

Accounting (BA) Buchhaltung

This course offers an introduction to the general principles of accounting with an emphasis on “double entry“ accounting. It includes the concept and classifications of accounting, theory of the company’s internal flow of resources, accounting methodology, accounting statements and the instruments used in accounting with special regard to the “industrial classification of accounts“. In addition, it presents the construction of financial statements in terms of commercial law, as well as the profit and loss sheet.

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MANAGEMENT INFORMATION SYSTEMS

Introduction to Management Information Systems I (BA) Wirtschaftsinformatik I

The course focuses on the basic terms and the nature of management information systems, network architectures and protocols, hardware and software components, data storage, databases in context of ERP, SCM, and CRM, data transfer, word-processing, and data analysis. Related case studies are also part of the course. Introduction to Management Information Systems II (BA) Wirtschaftsinformatik II

The course covers the structure and management of database management systems. Conceptual approaches for data modelling are introduced. This section pursues to develop a data model, represented by relations or networks. Techniques like normalization and structuring of RDBMS are shown in practical cases.

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STATISTICS

Statistics I (BA) Statistik I

This course outlines the basics of descriptive statistics such as averages, variances and standard deviations. Furthermore, it covers the areas of one-dimensional and multi-dimensional frequency distributions, correlation and regression calculation as well as elementary time series analysis and indices. Statistics II (BA) Statistik II

Statistics II explains the combinatorial analysis and the calculation of probabilities. Moreover, it discusses the most important theoretical distributions and critical-value theorems. Statistics III (BA) Statistik III

Statistics III explains the application of different theoretical distributions and critical-value theorems for empirical estimations and tests.

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LAW

Introduction to Civil Law (BA) Einführung in das Wirtschaftsrecht

In this course the student gets an overview about legal backgrounds in Germany and the structure of judicature. Civil Law I (BA) Zivilrecht I

Topics of this lecture are contractual disturbances of transaction (conflicts with the exchange of goods). It emphasizes consumer protection in civil law, especially the protection against inadmissible clauses. Civil Law II+III (BA) Zivilrecht II+III

This lecture deals with the basics of possession and ownership. Emphasis is laid on the transfer of goods in connection with rights and privileges.

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BUSINESS ADMINISTRATION

Cost Accounting (BA) Kosten- und Leistungsrechnung

Purpose of this lecture is to give an introduction to cost and result accounting, the different types of costs, cost type accounting and cost centre accounting. The course establishes the unit-of-output cost statement, short term profit and loss statements, and other cost accounting systems. Fundamentals of the Annual Financial Statement (BA) Grundlagen des Jahresabschlusses

This course establishes the basics of external accounting, accounting principles and standards of valuation. In addition, it deals with problems of selected positions of the annual financial statement. Investment and Finance (BA) Investition und Finanzierung

This introductory course deals with the fundamentals of financial markets, financing instruments and investment appraisal. The students will learn the importance of the time value of money and how to calculate the net present value. Moreover the students will learn the calculation and the meaning of the “matched funds transfer pricing”-concept. Finally the fundamentals of risk analysis will be discussed.

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Principles of Marketing (BA) Grundlagen des Marketings

This course deals with the study and analysis of the basic principles, theories, problems, and practices of marketing in our modern ever changing economic environment. Emphasis is placed on the marketing functions, planning and the distribution of goods and services from the producer to the ultimate consumer. The marketing mix (product, price, place, and promotion) is presented as a controllable variable to target market segments, which have unmet needs and wants that a firm can satisfy and be profitable. Market research and information technology tools of the marketing manager are explored. Procurement and Production (BA) Beschaffung und Produktion

The lecture gives an overview on theoretical and practical aspects of operational sourcing and production management. In detail are discussed: Strategic and operative aspects of procurement, strategic and operative aspects of production management, program planning, capacity planning, lot sizing, scheduling. Introduction to Managerial Taxation (BA) Einführung in die betriebswirtschaftliche Steuerlehre

This course provides the student with the basics of the theory of taxation, the application of federal tax laws to personal income, non-income values and commercial transactions. Planning and Organization (BA) Planung und Organisation

The lecture Planning and Organization is part of the basic education course in business administration and entails basic knowledge about the three main functions of general management, (1) planning, (2) organizational theory, and (3) leadership science. The planning chapter

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is divided in strategic planning – including analysis of enterprises and environment, competition analysis and portfolio analysis – and operational planning with a focus on budget planning. The organization chapter is divided in two sections about hierarchical organizational structures and dynamic workflow structures, including an introduction in CPM network techniques. The chapter on leadership science gives a short outlook on leadership theories and leadership styles.

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ECONOMICS

Introduction to Economics / Microeconomics I (BA) Einführung in die Volkswirtschaftslehre / Mikroökonomie I

This course offers a view into the main fields of economic studies. It introduces the structure and functionality of markt economies and centrally planned economies along with various case studies. It covers topics such as: the theory of the firm, consumer theory, co-ordination in market economies, interventions in market mechanism and different forms of markets. Microeconomics II (BA) Mikroökonomie II

The course deepens the insights in consumer theory (especially the optimal allocation of goods and time and also Welfare economics) and in the theory of the firm (regarding certain types of production functions and cost functions). It also deals with profit maximizing in competitive markets, monopoly and oligopoly. Furthermore the role of property rights, information and external effects will be analysed.

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Macroeconomics I and II (BA) Makroökonomie I und II

These two introductory lectures discuss in part I the broad questions that macroeconomics is about and introduce the key data as well as the concepts of the circular flow and national income accounting. The second part presents the classical model in order to explain output and income, the price level, the exchange rate and the current account in the long run over which prices are flexible. The third part presents the Keynesian ISLM model. Macroeconomics III Makroökonomie III

At first, this course refines the understanding of macroeconomic relationships by looking closer at the microeconomics behind macroeconomics. Models of aggregate supply, consumer behaviour and investment decisions are presented. Thereafter, the consequences of population growth, saving and technological progress for long-run growth are examined. Finally, the Mundell-Fleming model is presented and it is shown how monetary and fiscal policies affect the economy under fixed and flexible exchange rates. Applied Economics I (BA) Wirtschaftspolitik I

The course introduces into the theory and practice of applied economics. It presents basic definitions, purposes, aims and several elements and phases of economic policy. It covers economic decision making, agents and limits of economic policy. Furthermore, it covers causes of both, market failure and government failure. Finally, it examines the political and social environment and the determinants of the decision process in the application of economic policy.

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Applied Economics II Wirtschaftspolitik II

The course gives a basic review of Economic Policy and the terms and different types of economic systems. Additionally, it covers several political aims for economic stability and stabilisation; also the (post-) keynesian and (neo-)classical ideas for practising economic policy will be treated. Methodology for Economists Methodenlehre

The purpose of the course is to introduce the objectives and tasks of methodology with special respect to the field of economics. Types of statements and their characteristics, especially the terms “hypothesis”, “law” and “theory”, are being examined with respect to their differences, weaknesses, and strengths, as well as their establishment, criticisms and usage. In addition, a critical introduction is given how economists explain, forecast future events and apply their theoretical knowledge to problems of practical economic policy.

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BUSINESS EDUCATION AND DIDACTICS

Teaching and Learning in Business Administration and Economics in Schools and Companies: Introduction Grundlagen der Fachdidaktik Wirtschaftswissenschaften

Central themes and questiones of teaching and learning in general and particular in Business Administration and Economics in the area of Vocational Education and Training (VET) in schools and companies were picked out.

Advanced Courses

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ADVANCED COURSES (DIPLOM)

ACCOUNTING AND AUDITING

External Accounting Externe Rechnungslegung

This course aims to enhance the methods of analyzing financial statements from an external point of view and for controlling purposes. The first part contains principles of financial accounting (e.g. recognition criteria, valuation/measurement, income statement, notes, cash flow statement, segment reporting, statement of changes in owners' equity). In addition, the course presents determinants of International Accounting (IFRS) and its differences to German GAAP (HGB). In the second part the course contains basics of financial statement analysis (e.g. financial analysis, Income analysis). International Financial Accounting I and II Jahresabschluss I und II

The aim of this module is to provide a thorough understanding of International Financial Reporting Standards (IFRS) in order to provide a primarily knowledge-based foundation for management decision making and for accounting for these decisions in financial reporting. In addition, students shall learn how to interpret firm disclosure and how this information may be used for investment decisions of capital market participants in an international setting.

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Auditing I and II Wirtschaftsprüfung I und II

The aim of this course is a general understanding of current corporate governance and auditing issues. The different topics discussed in the course are corporate governance (definition and importance, corporate governance in an international setting and in Germany), risk management (risk definition, identification, valuation, control, monitoring, reporting, audit field risk management) and auditing (economic reasoning for auditing, audit process, special auditing issues). Consolidated Accounting Konzernrechnungslegung

The course´s purpose is the general understanding of the theoretical fundamentals of group accounting and work-out of the consolidation methods including the differences between the various accounting systems (e.g. operational and legal fundamentals of group accounting, group accounting theories, instruments and methods of group accounting, requirements for consolidated financial statements). Valuation of Companies Grundlagen der Unternehmensbewertung

The course discusses the basics of company valuation (objective or subjective value of a firm). In addition, it presents various evaluation based methods, such as income approaches (e.g. discounted cash flow-approach), liquidation value methods, and combination methods. It also examines different market approaches (e.g. market multiples), as well as the relationships between the different approaches.

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Controlling Controlling

The course´s purpose is to deepen the student´s knowledge in different controlling methods. The methods discussed in the course are: Break-Even-Analysis, Activity Based Costing, Target Costing, Balanced Scorecard and Value Based Management.

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TAXATION

General Business Administration and Taxation Allgemeine Betriebswirtschaftslehre und Steuern

The course gives an introduction to general Business Administration and presents the definitions of legal requirements for tax bases, options to find the tax base and the determination of taxable income and taxable values. Basics of Corporate Taxation Steuerrechtliche Grundlagen der Unternehmensbesteuerung

The course answers the question whether there is a right to choose between different taxation methods. In addition, it presents the taxation mechanisms concerning taxes on income and earnings, non-income values, and business transactions.

Managerial Accounting and Taxation Betriebliches Rechnungswesen und Besteuerung

The course’s main object is the tax balance sheet classification and net asset statements within managerial taxation. It presents the definitions of legal requirements for tax bases, options in finding the tax base, and the determination of taxable income and taxable values.

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Short Run Decisions and Taxation Kurzfristige Entscheidungen und Besteuerung

The course’s purpose is to asure the students awareness of the inter-related influence of taxation with investment decisions, financial decisions, resource based decisions, production decisions, and marketing decisions. Choice of Legal Form and Taxation Rechtsformwahl und Besteuerung

The course examines different taxation types based on the company status. It will provide the student with a general introduction to choices of legal status and the taxation mechanisms applied to a company’s foundation or dissolution based on the company’s location (domestic or international).

International Managerial Taxation Internationale Betriebswirtschaftliche Steuerlehre

The course introduces international taxation law. It provides the students with double taxation reasons and methods to avoid it. In addition, the current German tax law determining the tax treatment of non-residents will be discussed, as well as the taxation plans con-cerning international business relationships. Procedural Tax Law (General Fiscal Code) Steuerliches Verfahrensrecht (Abgabenordnung)

The course examines the German Procedural Tax Law concerning the economical decision background.

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Restructuring of Enterprises and Taxation Unternehmensstrukturierung und Besteuerung

The course covers the basics restructuring corporation and its taxation, as well as the restructuring process according to the UmwStG (Umwandlungssteuergesetz – Reorganization Tax act.). It gives an overview to specific types of restructuring concepts for organisations, for example: ”Management Buyout” and ”Going Public”.

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BANKING AND FINANCE

Profit and Loss Accounting in Banks Bankmanagement I

The calculation of interest margins is an important objective of this course. The main topic of discussion is the "Matched-Funds-Transfer-Pricing-Concept" as central calculation method of modern bank management. The "Matched-Funds-Transfer-Pricing-Concept" can be used for an individual and a marginal analysis of transactions. It defines a credit/deposit spread as profitability standard. In this context the present value approach of the "Matched-Funds-Transfer-Pricing-Concept" includes all future profit contributions of a decision and transfers them to the moment of acquisition. Beside the matched market interest rate the customer interest rate consists of a premium for operating expenditure and a risk premium. Methods to calculate and analyse these components are also discussed in the course. Students shall learn to quantify all component parts of a banking transaction to be able to control a bank in a value-oriented way. Risk Management for Transactions and Portfolios Bankmanagement II

Especially during the last years banks suffered from credit losses. Therefore this course begins with an overview of all risks in banks. Afterwards approaches to quantify and manage the most important risks – interest rate, market price and credit risk – will be analysed comprehensively. The main topic of discussion will be the modern perspective of risk which describes risk as unexpected loss because strictly speaking the expected loss can't be described as risk but as part of the costs. In the context of the continuous discussion about the shareholder value which assesses the return of a bank according to the

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risks the students shall be able to understand and implement a value-oriented bank management. Profitability Analysis and Capital Allocation Bankmanagement III

The analysis of the profitability is a very important topic of discussion in banks and other companies. In this course the basic scheme of the Return on Equity (ROE) analysis will be presented. The ROE analysis consists of the components of the profitability of a bank and allows for various ratios to be derived. By establishing relationships between important cost respectively earnings figures and e.g. the underlying business volume, it is possible to compare banks differing in size and structure in a systematic way. Additionally, the hierarchical ROE analysis concept clarifies the different approaches to business policy in order to systematically improve bank profitability and shareholder value. The ROE analysis is also a central tool to simulate changes in input parameters and to show their cumulative effects on important cost, earnings and performance ratios. Following the analysis, strategies to improve the profitability can be implemented and capital can be allocated according to the profitability of the business units. Financial Risk and Banking Supervision Bankmanagement IV

Generally this course deals with banking supervision in Germany. Besides the general framework we will discuss how to handle the different approaches of determining the own funds for the purposes of Principle I. Moreover students will learn how to compute the required own funds for market risk positions and for counterparty risks. Financial Valuation and Theories Finanzierungstheoretische Bewertung

This course covers fundamentals and valuation of derivatives, the importance of capital structure, the portfolio theorie, the capital asset

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pricing model and valuation of companies. To maximize investment values, investors must learn to assess two key determinants: return and risk. The portfolio theorie of Markowitz and the capital asset pricing model are the most important approaches of assessing the risk/return-relationship of an investment. Finally students will learn how to compute the enterprise value by using the discounted cash flow model. Business Policy of Banks Geschäftspolitik der Kreditinstitute

This course deals with fundamentals of business policies and the structure of the german bank market. Students will learn how to manage a bank on a strategic basis. Several possibilities of strategic planning will be discussed and topics like diversification, growth opportunities and types of organisation will be covered as well. By discussing several case studies about recent bank decissions students will learn more about the importantance of the business policy of a bank. Case Studies (BA) Fallstudien

Students are expected to solve case studies that cover recent topics of bank management. Before working on the case studies students have to attend an introductionary lecture where the theoretical models and approaches that are important for the case studies will be discussed. The topics will change from year to year.

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TELECOMMUNICATIONS MANAGEMENT

Strategic Corporate Management I (BA) Strategische Unternehmensführung I

The lecture Strategic Corporate Management I is part of the advanced general education courses in business administration and entails the main issues of modern strategic corporate management. The first chapter addresses types, scope and evolution of the strategic management discipline and levels of analysis pertaining to corporate, competitive and functional strategies. The main part of the lecture is an in-depth discussion of corporate governance and techniques of environmental and firm analysis – especially concepts relating to value chains, resources, experience curves, or the product life-cycle. Further, corporate and business level strategy development as well as portfolio analyses are covered, building on the foundations laid in the planning and organization basic course. Finally, approaches to evaluating strategies and business cases are discussed. Further, organizational design as consequence and antecedent of strategies is discussed. Strategic Corporate Management II Strategische Unternehmensführung II

Strategic Corporate Management II looks deeper into important aspects of strategic planning and is intended for students with a specialization on “Planning and Organization” as one of their main subjects. In a first step the lecture describes growth strategies such as diversification and venture management, strategies in declining industries and different versions of corporate portfolio analyses beside the well-known BCG-portfolio. On the strategy level of business units Porter’s classical business strategies and so-called hybrid strategies are introduced in a second step. Strategic performance measurement covering financial statement analysis, capital market-based success measures,

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investment-oriented success and real options analysis are themes of the rest of the lecture. Operational Planning I Operative Planung I

Operational Planning I has a focus on sales planning: classical product sales planning with product, price, promotion, and distribution policy and special aspects of service sales planning. Procurement, production and personnel planning aspects are completing this lecture. Several case studies are used to train students to employ planning tools in a real life context. Operational Planning II Operative Planung II

The lecture Operational Planning II focuses on the combination of controlling and planning. Therefore chapter one describes aspects of financial budgeting and controlling. Chapter two explains detailed statistical forecasting methods. Strategic Management Strategisches Managment

The lecture Strategic Management describes (1) tasks and methods of strategic technology and innovation management and (2) approaches for implementing strategies in the firm and organizational change management. Development of technological innovations is viewed from the strategic management and organizational theory perspectives.

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Strategic Management in the Telecommunications Industry I Unternehmensführung in der Telekommunikationswirtschaft I

Strategic Management in the telecommunications industry I is a lecture aimed at establishing a basic understanding of network industry characteristics in the telecommunications sector. It analyses the suppliers in the German market of telecommunication networks and services. Further, specific issues in marketing of telecommunication services are addressed. Strategic Management in the Telecommunications Industry II Unternehmensführung in der Telekommunikationswirtschaft II

The lecture Strategic Management in the telecommunications industry II goes into further detail with regulatory issues, technical background and controlling models specific to the telecommunications sector. From a management perspective, the German regulatory framework is portrayed. Further, basic themes of networks, standards and technology are introduced. Finally, controlling in the telco industry is explained with a focus on cost-modeling.

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INFORMATION SYSTEMS AND OPERATIONS RESEARCH

Decision Support Systems Entscheidungsunterstützungssysteme

The course focuses on the different concepts of support systems for managerial decisions. We will discuss MIS (Management Information Systems), EIS (Executive Information Systems), ESS (Executive Support Systems) und DSS (Decision Support Systems) with special emphasis on the analysis of decision processes. Different architectures, components, tools and application will be discussed. Information Management (BA) Informationsmanagement

The course focuses on the concept of integrated business information systems. Methods of project management will be discussed. This will include case studies on project management to illustrate these methods. Integrated Applications Integrierte Anwendungssysteme

The course is divided into two parts. The first one presents operational basis (OLTP) of information systems in different fields of applications. The second section gives an overview on analytical information systems like data warehousing or business intelligence.

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Database Systems Datenbanksysteme

This course is based on the lecture „Introduction to Management Information Systems 2” and is going more into database details. Standard modern databases features like data integrity, consistency, and security and their benefits are illustrated. Different types of database management and the database language “Structured Query Language (SQL)”, temporal, distributed, object-oriented, and object-relational databases are presented. Case Study: Database Systems Informationstechnische Grundlagen des Electronic Commerce

This course presents case studies of discussed aspects of the lecture database systems. Software Engineering Software Engineering

The course stresses the process of software engineering which can be subdivided into conventional, knowledge-based and object-oriented approaches. These different methods are assigned to different phases of Balzert’s software development model. The course also illustrates various programming aspects, as part of the process of software development. Besides, concepts of modelling in UML and analysing of algorithms are covered. Case Study: Software Engineering Fallstudie Wirtschaftsinformatik

This course supports the learning of „consulting skills“ and the usage of techniques of project and change management. This is done by appropriate case studies. Thus, the students have to develop prototypes with modern computer-aided-software-engineering tools.

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Operations Research (BA) Operations Research

This course gives an introduction into various quantitative models for decision support especially optimization problems. One main focus of the course is on linear programming models and their applications for example transportation problems. The simplex algorithm and variations are discussed. The second main part of the course deals with graph theory and related famous problems like the travelling salesman problem. Other topics such as dynamic programming and integer programming are also covered. Stochastic Models and Simulations Stochastische Modelle und Simulation

The course presents various popular kinds of stochastic processes which can be used to model real world situations. Among these are discrete-time and continuous-time Markov-Processes. In particular the classification of states and the limiting behaviour are analysed. Queuing theory as an important area of application is discussed afterwards. Moreover practical and theoretical aspects of simulation are covered. Fundamentals of Electronic Commerce Informationstechnische Grundlagen des Electronic Commerce

This course is an introduction of fundamentals of electronic commerce. It gives an overview on technical, commercial and other basics of electronic commerce to gain an understanding of the implementation of implementation. The course reflects the situation that e-commerce is not a single part inside a company, because it influences all departments of a company.

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PRODUCTION AND OPERATIONS MANAGEMENT

Operational Decision Theory (BA) Betriebswirtschaftliche Entscheidungstheorie

The basics of operational decision theory are presented. The most important models of decision theory will be discussed formally and on the basis of examples. Students are supposed to learn how to approach decision situations and should be enabled to structure real decision situations on the basis of diverse criteria and to get to know about basic methods of solution. Value Creation Management (BA) Wertschöpfungsmanagement

Theoretical and practical aspects of value creation management in enterprises and supply chains are discussed. The first part of the course will set a production-theoretical fundament by providing an activity-based view on value creation. Subsequently, questions of strategic value creation management, vertical integration, outsourcing and management of intra- and inter-organizational networks – including supply chain management – will be addressed. The students should acquire the ability to deal with different aspects of value creation in real assets and service networks, and are to learn the basic principles of the appropriate management methods and techniques. Production Management Produktionsmanagement

Concepts and methods of strategic, tactical and operational Production Management are presented.

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After an introduction the principles of production planning as well as their implementation in an operational context are discussed and critically reviewed. Furthermore analysis and modeling of dynamic and stochastic aspects of production systems will be discussed. Students are supposed to learn to analyze problems of Production Management and how to use methods of solution. Production Controlling Produktionswirtschaftliches Controlling

Prerequisite for controlling production is an information system, which gathers, reviews and merges market, technical and operational data to ensure economic and productivity of manufacturing conditions. The flow of information in controlling production covers planning of sales and costs, organization of the factory and design of products. The main component is cost accounting which is the decisional base for improvement of the value chain. The students should be able to adapt and adopt the procedures and methods of production controlling, in particular cost accounting and cost management. Tutorial on Management and Controlling of Production Vertiefungsübung Management und Controlling der Produktion

Based on the knowledge of the lectures Production Management and Production Controlling, selected aspects will be methodically extended. Student will have to prepare, perform and discuss case studies and reports dealing with scientific working in the field of Production and Operations Management.

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Production and Operations Management I Produktions- und Logistikmanagement I

An introduction to traditional and state-of-the-art manufacturing management philosophies, concepts and techniques is given. Topics include inventory control, material requirements planning and enterprise resource planning. Production and Operations Management II Produktions- und Logistikmanagement II

This course gives a comprehensive overview on advanced concepts of tactical and operational production and operations management, including supply chain management, capacity management, aggregate planning, shop floor control and scheduling. Tutorial on Production and Operations Management I / II Vertiefungsübung Produktions- und Logistikmanagement I / II

This tutorial deals with selected topics of the lectures POM 1/2, with an emphasis on training practical application of manufacturing management techniques, as well as providing basic knowledge of supporting methods of optimization and statistical analysis. Study Group on Optimization Arbeitsgemeinschaft Optimierung

This course provides basic methods and techniques for constructing and solving models of manufacturing and logistical optimization problems. Furthermore students will train the application of these techniques and the usage of (commercial and open-source) computer tools by means of case studies.

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Study Group on Simulation Arbeitsgemeinschaft Simulation

An overview over the functionality and application of simulation techniques is given. A focus is given to the practical use of simulation software. Seminar on Management and Controlling Production Seminar Management und Controlling der Produktion

Students will independently review current scientific and/or practical topics. They have to prepare, perform and discuss case studies and reports which deal with scientific working in the field of Production and Operations management.

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LOGISTICS AND TRANSPORTATION MANAGEMENT

Supply Chain Management Supply Chain Management

Due to increasing globalization, rising customer requirements and rapid development of information and communication systems, the economic environment of enterprises and the markets are changing. The increasing competition intensity in the market forces enterprises to open up rationalization and cost-cutting potentials. However, the companies have reached their limits to realize further potentials. New approaches and ways of thinking become necessary. The object of this lecture is to communicate the concept of supply chain management emphasizing aspects of configuring, coordinating and developing such chains across independent enterprises providing new potentials for value creation. Transportation Management Verkehrsmanagement

Objectives of this lecture are special aspects of the management of logistics and transport companies. The structure of the lecture and its respective focus on the sections can be obtained from the following summary: Positioning the actors within the market: Peculiarities of demand and competition in the transport market; Enterprise strategies: Derivation of logistics strategies from the organizational theory capability characteristics and capability supply of different categories of logistic enterprises; Marketing: Pricing and pricing policy, complaints policy for services; Organisation: Peculiarities of intra- and interorganizational design; Capacity Management: Dimensions of capacity, capacity planning and controlling, investment and financing; Transportation Management: Motor pool and fleet planning, tour and freight loading

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planning, telematics for transportation management; Staff management: Qualification profiling and demand, management development; Quality management:Dimensions of quality, selected methods, instruments and tools of quality measurement; Controlling: Conception of controlling, selected methods, instruments and tools; External costs of Transportation management: External costs of Transportation and its internationalization; Interorganisational transport management: Logistics centres, city logistics. Logistics Systems Logistiksysteme

This module aims at understanding and constructing flow-oriented systems of logistics predominantly from industrial- and trading companies’ point of view. Starting from the origins of this logistics system perspective, models and conceptions of flow-oriented logistical systems as well as elementary functions of nodes and edges will be explained. In addition, standard problems of logistics-oriented constructions and arrangements are discussed. Following this insights, more specific questions on logistics system configuration in procurement, production, distribution, as well as examples for challenges of planning and controlling integrated flows are provided. Finally, selected perspectives will be considered in order to complete the view of further challenges when configuring systems, for example the configuration of integrated supply chains. Basics and Methods of Designing Logistics Networks Grundlagen und Methoden der Gestaltung logistischer Netzwerke

Logistics networks may be characterized as systems of cooperation arrangements, which consist of resource nodes and their respective exchange relations. Their respective specific characteristics result from their range of functions per node, their grade of information and flows of goods as well as from their spatial-geographical dispersion. A further characteristic stems from the question whether the respective flows of goods are controlled by the source (e.g. an industrial firm) or by the point of destination (e.g. a commercial enterprise). This leads to the

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distinction between networks of procurement logistics and marketing. With the increasing global production and dispersion of locations, the configuration of such networks becomes more and more important and plays a key role for the logistics costs and the quality of the delivery service. The lecture conveys basic patterns and principles for network configurations and methodological knowledge for exemplified network designs. Fields of application for optimization and simulation models are specified, practical examples are provided for every selected concept. elogistics: Web-Based Business Models for Supply Chain Management elogistics

Based upon supply chain management and electronic business, the main focus is laid on the catchment area, eBusiness and trade as well as eBusiness and industry. The influence of the internet on the design of distribution channels will be exemplified with alternatives of conventional trade, virtual trade, trade free house-to-house distribution and electronic market places. Starting point and levels of process integration as well as chances and limits of such integration will be discussed with regard to the influence of the internet on the design of procurement and production processes. Seminar on Altering Topics and Questions in Logistics and Transportation Management Seminar zu aktuellen Themen aus Logistik und Verkehr

Every student has to elaborate a paper and a presentation to a specific subject of logistics or transportation management. Depending on the number of participants, the papers will be prepared either by a single person or in groups. The results will be presented to the other participants in a seminar session and supplemented by additional guest recitals from referees from reputed enterprises. The company representatives are executives with many years of experience. Each and every subject presented by the students is amplified by the company

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representatives. During the winter term the seminar will be performed in cooperation with a partner university.

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HUMAN RESOURCE MANAGEMENT

Human Resource Practices Instrumente des Personalmanagements

“Human Resource Practices” is the basic lecture taught in Human Resource Management. It makes students familiar with basic terms, tasks and goals of Human Resource Management. It presents different methods to fulfil these tasks and to achieve a company’s HR goals. The following practices will be discussed in detail: personnel planning, recruiting, selection, staffing, training, compensation and layoffs. Organization of Human Resource Management Organisation des Personalmanagements

The class “Organization of Human Resource Management” is part of the basic education in business administration and introduces students to the organizational and legal aspects German companies have to deal with while managing their human resources. Since problems of human resource management are often solved within project teams, project management with its techniques and instruments is also being discussed in the course of the lecture. Strategic Human Resource Management (BA) Strategisches Personalmanagement

Research in management has shown that human resources are influential to a company’s overall performance. The lecture “Strategic Human Resource Management” provides an overview of how human resources have to guarantee a company’s adaptability in a dynamic environment. Therefore, the importance of the link between strategic management and HRM is explained. Practice oriented concepts, such

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as the St. Galler Management Model and EFQM-Model are introduced. Another chapter addresses the theoretical foundations of the resource based view and those concepts of strategic and international HRM that are rooted in the resource based view. Finally, the strategically relevant aspects of training and incentive systems are discussed. Human Resource Controlling Personalcontrolling

Controlling has been extremely spreading into the different business functions throughout the last years. It has also become an important part of the Human Resource Management function. The lecture “Human Resource Controlling” presents HR Controlling as an integrated part of a company-wide controlling system. In addition, it produces controlling instruments for the human resources, as well as for the management process of human resources are discussed. Finally, after focussing on controlling for special fields of HRM, like training, layoffs and leadership, the configuration of HR controlling is discussed. Management Managementhandeln

Human resource management is not primarily done by specially institutionalized HR departments, but by line managers. The lecture “Management Science” provides an overview of HR-relevant tasks that have to be fulfilled by line managers, their theoretical and conceptional fundamental principles, as well as the leadership techniques and methods that have been developed on this basis. The leaderships tasks discussed comprise negotiation of targets, introduction of new staff, appraisals, communication, motivation and management of conflicts. Besides motivation and leadership theories from a behavioral science perspective, basic approaches of game theory are discussed.

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Case Studies: Human Resource Management Fallstudien zum Personalmanagement

The case study seminar forces students to grapple with the kinds of decisions and dilemmas HR managers are confronted with every day. Therefore, typical problems of HR managers are presented to the students, who have to solve them in groups of up to four people with the knowledge generated by the other HRM lectures. Afterwards, they have to give a presentation of their solutions in class. Personnel Research Personalforschung

To be able to make decisions on the basis of actual data, it is often necessary to generate such data empirically. Therefore, the lecture “Personnel research” introduces students to the process of empirical data generation, as well as to the quantitative and qualitative methods required to obtain information from this data. In addition, an SPSS for Windows tutorial is offered, which allows students do practical exercises on the computer. Personnel Economics Personalökonomik

The lecture covers the main principles of modern Personnel Economics. The main aim will be the discussion of economic (analytic) methods that can explain personnel decisions and organizational structures of firms. Furthermore, relations with other disciplines like organizational behavior, sociology and management will be investigated and practical applications will be presented. Topics covered include e.g. recruitment decisions, compensation systems, evaluation and promotion strategies, turnover of workers and performance pay.

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MARKETING

Marketing Research I Marktforschung I

To gain competitive advantages, organizations have to make sure that they obtain the necessary information, collected at the right time, made available in the right place, and given to the right people. The task of empirical research is to assess the information needs and to provide management with relevant, accurate, reliable, valid, and current information. In the beginning of this course, the nature and scope of empirical research and its role within the sources and processes of an information system will be presented. The research process will be conceptualised as consisting of six steps. During the lecture we will examine each step of this research process and its methodological foundations, including problem definition, research design formulation, data collection, (basics of) data analysis, report preparation and presentation. Finally, we will discuss specific aspects of analytical information systems in service and retail enterprises. Marketing Research II Marktforschung II

This course covers various topics in modern multivariate data analysis that have wide application in the marketing and management sciences. Topics include exploratory and confirmatory factor analysis, multidimensional scaling, conjoint and cluster analysis, structural equations models with latent variables, ANOVA, and logistic regression models. The course stresses the theoretical development and the practical application of each technique. Students will learn to apply the methods using SPSS and interpret the results of the analyses.

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Marketing and Management Science Marketing and Management Science

Marketing and Management Science is an approach to decision making, which makes extensive use of quantitative analysis. The purpose of this class is to provide students with a conceptual and methodological understanding of how marketing and management science can support the managerial decision-making process. Knowledge gained will be used to analyze a wide range of cases within the field by using spreadsheet exercises. Consumer Behavior Käuferverhalten

The course is designed to provide students with both theories about consumer behavior as well as an understanding of how consumer behavior concepts can be applied to marketing management, to our roles as consumers, and to everyday life. Consumer behavior applies concepts, theories, and principles from the various social (behavioral) sciences to the study of factors influencing the acquisition, consumption, and disposition of goods, services, and ideas. The students will learn how marketers identify and exploit sources of influence from learning about the way consumers think and process marketplace information to how product choices and purchase decisions are shaped by relationships with others. Marketing Management Marketing Management

Marketing Management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. Marketing management seeks to meet organizational objectives by effectively satisfying customers in a dynamic environment. This course provides an overview of marketing processes and marketing principles, and provides students with the opportunity to apply the key concepts and theories to business situations. The focus of the course will be on the planning and

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implementation of decisions concerning specific elements of the marketing mix (product, price, place, promotion, and sales force). Market Based Management Marktorientierte Unternehmensführung

Market Based Management will introduce students to the basic principles of management, the vocabulary of marketing management, and the strategic implications of marketing decision making in the domestic and global marketplace. The objectives are to build student understanding and analytical capabilities, in the context of market-driven strategy. Instruction will focus on the marketing environment, the competitive challenges of changing market structures, strategic marketing planning, competitive decision making. Examining strategic marketing planning, we will study how the marketing mix is adapted to various business functions including, market segmentation, consumer behavior, product development, marketing infrastructure, total quality and marketing research. Current events and trends in marketing will be highlighted. Business-to-Business Marketing Industriegütermarketing

This course explores decision-making and activities involving business-to-business (i.e., industrial, organizational, institutional, or governmental) transactions. Business-to-business marketing transactions occur when organizations acquire goods and services from (or sell them to) other businesses. For a number of reasons, business markets are different from consumer markets. Business-to-business activities pertaining to buying, market segmentation, positioning, pricing, communication, physical distribution and customer service, sales management, and other activities are examined within the context of a theoretical framework derived from New Institutional Economics.

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International Marketing Internationales Marketing

This course provides students with an opportunity to analyze the international business environment and the development and implementation of marketing programs in different business arenas, using a range of entry and growth strategies. Central for companies with a presence in two or more countries is the coordination of their respective marketing activities. Standardization and differentiation of international business activities concerning product, price, promotion, and distribution options are discussed. Seminar in Marketing Marketingseminar

The seminar focuses on the application and critical reflection of scientific methods and theories on selected marketing problems. Students learn how to fulfil analytical, formal, and methodical requirements in an academic research context. They will have to write a paper on selected topics and present it in class.

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SERVICE MANAGEMENT AND RETAILING

Basics of Service Management Grundzüge des Dienstleistungsmanagements

One aim of this basic course is to emphasise the great economic importance of services. The typical characteristics of services and their implications for service management will be examined. Thus we will show that customers in service delivery situations not only act as consumers but also play further roles, e.g. the role of co-producers. Based on the theoretical analysis of the various customer roles in service delivery situations we will identify the main tasks of service management and give an overview of important managerial concepts. Basics of Retailing Management Grundzüge des Handelsmanagements

In this basic course we examine the concept, the tasks, the actors and the relationships in the distribution channel as informational basis for retailing management. Based on theoretical concepts one aim is to make students understand that efficiency of retail institutions justifies their existence. Furthermore we give a distinguished overview of the various traditional and recent forms of appearance of retail institutions. Important changes in the retail business and their potential causes will be examined. The course concludes with selected methods of market orientated management in retail institutions. Supply Management in Service and Retail Entreprises Angebotsmanagement in Dienstleistungs- und Handelsunternehmen

This course focuses on product and pricing policy of service and retail enterprises. In this context we will examine the relevant decisions to be

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made concerning for example service innovation, assortment policy, customer-oriented pricing and their service and retail characteristics. In order to evaluate the effects of different product and pricing policies we will use theoretical models, like pricing psychology. Finally we will work out and apply traditional and modern decision supports (e.g. Service QFD, Category Management, Yield Management etc.). Information Management in Service and Retail Entreprises Informationsmanagement in Dienstleistungs- und Handelsunternehmen

In the beginning of this course the concept of information management and its objectives and tasks in service and retail enterprises will be presented. Apart from illustrating and controlling business processes, information management also deals with data collection and data handling. The course focuses on various possibilities of data collection and data analysis in service and retail enterprises. We will examine all stages of a market research process and its methodological foundations. Finally we will discuss specific aspects of analytical information systems in service and retail enterprises. Process Management in Service and Retail Entreprises Prozessmanagement in Dienstleistungs- und Handelsunternehmen

The course starts examining service and retail enterprises from a process-oriented view in order to introduce the concept, the intentions and the dimensions of process management. Having discussed the basic requirements of customer-oriented processes, we will study specific tasks and concepts of process management in service enterprises resulting from customer integration (e.g. empowerment, emotional work, waiting line strategies, time management). Specific tasks of process management in retail enterprises arise from the essential collaboration with other enterprises in the distribution channel. In this regard we will examine the promising concept of supply chain management with its basic strategies and main components.

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Strategic Marketing (BA) Strategisches Marketing

The main task of market oriented business management is to develop and expand long term competitive advantages. This requires the systematically planned development and implementation of marketing strategies. Based on theoretical foundations of strategic marketing the course deals with all phases of the strategic planning process. Each phase will be examined concerning its tasks in analysing and planning; suitable decision supports will be presented. By this means we will enhance the comprehension for conception, basic coherences and decision tasks of strategic marketing and explain the methods and standard strategies to manage the various decision tasks.

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MONETARY ECONOMICS AND INTERNATIONAL CAPITAL MARKETS

Monetary Economics Geld, Kredit, Währung

After clarifying the functions of money and concepts related to interest rates, this lecture presents the prominent ideas of monetary theory. At the centre are models of money demand and money supply with special attention to instruments and procedures used by the European Central Bank. Another emphasis is on the monetary transmission mechanism. Financial Markets I Finanzmärkte I

This lecture covers basic concepts required to understand financial markets. To be considered are the risk and term structure of interest rates, covered and uncovered interest rate parity and aspects related to derivatives. Regarding exchange rates, at the centre are the role of expectations and the resulting complex relation between exchange rates and fundamentals. There is also a chapter focused on theoretical and empirical issues of market efficiency. Financial Markets II Finanzmärkte II

The lecture consists of three parts. The first part is devoted to portfolio theory and static asset pricing models like CAPM and APT. The second part extends asset pricing to intertemporal approaches. The third part reviews macroeconomic aspects related to exchange rates and explores implications for the New International Financial Architecture.

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Open-Economy Macroeconomics Monetäre Makroökonomik offener Volkswirtschaften

This lecture extends basic theoretical knowledge of key aspects of open economies. Main issues are the intertemporal approach to the current account and basic macroeconomic concepts related to the determination of exchange rates like purchasing power parity and interest rate parity. Also examined are policy questions under fixed and flexible exchange rates and models of currency crises. Monetary Policy Geldpolitik

The lecture presents the essential issues related to the conduct of monetary policy. The basic problems in terms of game theory and control theory are introduced as well as the specific strategies of existing central banks like the ECB and the US Federal Reserve. Monetary Theory Geldtheorie

This course incorporates a discussion of the basic empirical approaches to estimating the impact of monetary policy. Furthermore, the fundamental problems related to policy evaluation are considered. Another methodological issue is the introduction to representative agent models currently used in research, which are founded on optimizing behaviour by individual agents.

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INTERNATIONAL TRADE RELATIONS

Introduction to International Economics Internationale Wirtschaftsbeziehungen

This course introduces the basic concepts of international economics such as comparative advantage, trade theory, protectionism and exchange rates. It gives a broad overview on various fields of international trade theory and policy. International Trade Theory Reale Außenwirtschaft

In this course, classical trade theories are developed further to include increasing economies of scale, specific factors of production, growth theory and monopolistic competition. Multinational corporations, agglomerations, technological progress and innovative dynamics are also discussed to present a more realistic picture of international trade theory. Regional Integration Regionale Integration

The lecture series reviews the issues of trade protectionism and regional integration from both a theoretic and an empirical perspective. The former covers the theory of tariffs as well as the theories of the custom’s union and the common market. The latter investigates these aspects further from an empirical point of view by focusing on the history, current practice (policies and decision-making processes) as well as the future prospects of the European Union (enlargement).

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Monetary Macroeconomics in Open Economies Monetäre Makroökonomik offener Volkswirtschaften

The lecture covers the basic theoretic explanations of the behavior of key macro-economic characteristics in open economies with different exchange rate regimes. The effects of monetary and real shocks with respect to their impact on gross output, national price levels and interest rates as well as exchange rates in international capital flows lie at the centre of analysis. International Trade and Currency Regimes Internationale Handels- und Währungsordnungen

Despite the notion of welfare gains from international trade advanced in traditional trade theory, globalization is a hotly debated topic today with frequent calls for a greater control of the free international enterprise. The lecture therefore examines existing trade and currency regimes alongside the institutions supporting them in more detail. Alongside theoretic accounts of different trade and currency regimes (e.g. crawling or fixed pegs), the analysis includes a treatise on the WTO and the World Bank, their tasks, challenges and current limitations. Internationalization of Firms Internationalisierung von Unternehmen

This seminar introduces alternating topics associated with the internationalization of firms from both a theoretic and empirical perspective. The selection of topics depends strongly on current issues in the internationalization of firms. Past topics have included fields as varied as the theory of foreign direct investment, the link between Multinational Firms and regional clusters, the role of social and environmental standards in Multinational’s location choice, the causes, effects and trends in international outsourcing as well as the activities and potential for 3rd World Multinational Firms.

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Internationalization of Factor and Financial Markets Internationalisierung von Faktor- und Finanzmärkten

This seminar takes a look at various issues comprising the internationalization of labor, capital and financial markets. Examples are aspects such as international migration, financial crises and capital controls. The topics will be chosen according to recent developments. Foreign Economic Policy Außenwirtschaftspolitik

Held as a seminar, this course focuses on a variety of up-to-date topics in the field of foreign economic policy. Among others, aspects such as the indebtedness of low-income countries, poverty analysis, the impact of globalization and the role of international institutions for economic development have been discussed in the past. Theory of International Economics Außenwirtschaftstheorie für die Allgemeine VWL

This lecture starts with an overview of classifying international economic transactions. It then deals with the main principles of international trade and monetary theory. Students get familiar with the concept of comparative advantage, classical international trade theories as well as the basic concepts of protectionism (tariffs) and regionalism (customs unions). Exchange rate theories and balance of payment theories build the second part of the lecture. Foreign Trade and Integration Außenwirtschaft und Integration

Based on the lectures in microeconomics and economic policy theory, this course aims at giving a systematic overview on international economic relations. The activities and strategies of multinational enterprises in open international markets will be discussed theoretically, especially with respect to international commodity, labor and capital

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markets. Additionally, the opportunities and risks of these activities as well as their underlying institutional framework and governmental regulations will be touched upon.

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ECONOMIC POLICY AND PUBLIC FINANCE

ECONOMIC SYSTEMS AND COMPETITION POLICY Wirtschaftsordnung und Wettbewerb

The course gives a basic review of existing and potential types of economic systems (e.g. market vs. planned economies). Additionally, it covers several political aims for economic stability and stabilisation. Finally, basic problems of industrial economics and competition policy are analyzed. Public Finance (BA) Staat und öffentliche Wirtschaft

The course provides an overview of the allocation, distribution and stabilization branch of the public budget. The budgeting process is being analyzed normatively as well as from a public-choice perspective. The class provides explanations for the uninhibited secular tendency of the growth of public expenditure. Also, it introduces into the theory and practice of taxation dealing with the problems of optimal taxation and taxational justice. Seminar on Public Finance Finanzpolitik – Finanzwissenschaft II

The seminar deals with changing issues of public sector economics of theoretical as well of practical interest with a special focus on fiscal policy decisions.

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Seminar on Economic Systems Ordnungspolitik

The seminar deals with specific topics of economic systems from a comparative institutional perspective. Seminar on Special Issues of Economic Policy Spezielle Wirtschaftspolitik

The course deals with changing issues of actual public policy problems. Seminar on Public Choice and Constitutional Economics Public Choice and Constitutional Economics

The seminar’s focus lies on changing issues of the positive and the normative theory of public choice. Seminar on Budget, Tacation, and Regulation Budget, Besteuerung, Regulierung

In this seminar changing problems concerning the public budget, taxation decisions, and regulation of theoretical as well as practical interest are being analyzed.

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EAST ASIAN ECONOMIC STUDIES: JAPAN AND KOREA

Introduction to the Japanese Economy Einführung in die japanische Wirtschaft

The lecture will provide an overview of basic issues of the Japanese economy. On the one hand, stress will be laid on dominating structural patterns, as they have evolved in recent economic history. On the other, current and upcoming changes are discussed. Towards the end, an introduction to the Korean economy will be given, which concentrates on similarities and differences with Japan. Introduction to International Business and Economic Relations Einführung in die IWB

The lecture will give an overview of basic issues of international business and international economics. Basic approaches of international management science are presented, as well as international economic theory and international economic policy. As for a basic literature, two English language textbooks will be made use of; through internet links, they enable the student to deepen and repeat the content of the lectures. International Business/Economics and Integration Außenwirtschaft und Integration

The lecture deals with the importance of regional economic integration for the world economy, stressing the consequences for international business. Potentials as well as risks and challenges of private business

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interdependence as well as economic policy steered integration are studied. After dealing with some theoretical issues, the principal global integration areas are discussed: Europe, Asia-Pacific and North America; apart, South-South Cooporation will also be looked at. Japan´s International Business/Economics Relations and Asia-Pacific Integration Japans internationale Wirtschaftsbeziehungen und die asiatisch-pazifische Integration

The lecture is based on the preceeding „Introduction to the Japanese economy” of the winter term and explores issues of international business and economic relations further. The lecture concentrates on real as well as monetary relations. There will be a business focus; as well as an economic focus dealing with macro issues. Apart, regional integration in the area is discussed, including both private business interdependencies and staterun schemes like APEC. The International Trade and Financial System Internationale Handels- und Währungsordnung

In this lecture, principal issues and problems of the global trade system and of the currency/financial system will be discussed. This is embedded into the analytical question of the rationale of international economic order and international organisations. Thus, organisations like the WTO, the IMF etc. will be looked at. Japan´s Economy between Market and State Japans Wirtschaft zwischen Markt und Staat

The lecture is based on the preceeding „Introduction to the Japanese economy“ of the winter term and elaborates on the issue of „state and economy“. The role of the state in economic policymaking and for industrial policy is of principal concern.

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EAST ASIAN ECONOMIC STUDIES: CHINA

Introduction to the Chinese Business Environment Einführung in die chinesische Wirtschaft

This introductory course is designed to make students acquainted with the key features of the Chinese economy and the particular demands it poses for business. Based on modern methodological approaches students shall be trained to look behind the myths created in the media and learn to understand the working principles of the Chinese economy and its business sector. Advanced Topics of Economic Development in China Methodische Fragen chinabezogener Wirtschaftsforschung

This course provides in-depth insights into the mechanisms and driving forces of selected developments in the contemporary Chinese economy. The lecture is designed to provide detailed theoretical backgrounds and present their empirical implementation. Micro-economic approaches (new institutional economics) to economic analysis stand in the centre of this course. Macroeconomic Institutions and Development in China Gesamtwirtschaftliche Entwicklungen in der VR China

This seminar shall provide students with detailed knowledge of China’s macroeconomic setup. The evolution and trackrecord of China’s macro-economic institutions are presented and analyzed. The course takes special issue with China’s boom and bust cycles as well as its integration in the global economic system.

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China´s International Economic Relations Chinas Internationale Wirtschaftsbeziehungen

The integration of China in the international division of labor is facilitated by foreign direct investments as well as export/import transactions. Students shall understand the role of the Chinese economy in the global market system and evaluate its strengths, weaknesses and potential in various industrial value chains. Students shall become acquainted with various business models and strategic approaches to the Chinese market. Case Studies of Doing Business in China Unternehmertum und Unternehmensführung in China

Students shall become acquainted with the day to day challenges and problems of doing business in China and in international transactions with Chinese counterparts. Based on the factual experiences of foreign investors in China, students shall train their analytical and problem solving skills. Knowledge and skills acquired in general Business Administration courses shall be applied to real business cases in an international, cross-cultural context.

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ECONOMIC POLICY

Business Cycles and Economic Growth Konjunktur und Wachstum

The course gives the basic terms, types of measurement and characteristics in the field of business cycles, labour and economic growth. The basics and empirical characteristics of the growth theory will be taught, as well as business cycles as an objective in economic research, their causes and influencing factors, and other topics related to stabilisation policy. Inflation Inflation

The course discusses different topics in the field of the inflation theory, the theory of antiinflation policies and the dilemma of inflation and employment in an open economy. Starting with the inflation as an economic monetary phenomenon all causes and consequences of inflationary processes are analysed and possibilities of preventing or fighting of inflation are presented.

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Seminar: Stabilisation Policy Stabilitätspolitik

The seminar deals with different concepts of stabilisation theory and their application in different areas of economic policy. In a first step there will be an overview of basics of stabilisation policy. Furthermore, international problems of stabilisation policy and institutional requirements of solving these problems are discussed. The closer specification of the topics varies each semester. Every student has to prepare a paper and has to present it in class followed by discussions. Seminar: Structural Policy Strukturpolitik

The seminar treats theoretical approaches for explaining Structural Change and regional and sectored development. In addition, the seminar deals with structural problems in specific regions and sectors of economics concerning its changes and limitations. The closer specification of the topics varies each semester. Every student has to prepare a paper and has to present it in class followed by discussions. Seminar: Institutional Policy Ordnungspolitik

The seminar deals with the basic theory of Institutional Economics and its application with regard to issues of economic policy. It discusses the theoretical history of economic conceptions such as the Social Market Economy. Furthermore, the theory of Institutional Economics is applied to different fields, e.g. to social security systems or to the organization of labour markets. The closer specification of the topics varies each semester. Every student has to prepare a paper and has to present it in class followed by discussions.

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Seminar: Social Policy Sozialpolitik

The seminar discusses the different reasons for national social policy. Furthermore, it deals with the agencies and institutions of social policy especially with regard to the level (regional, national, supranational). Finally, the gained knowledge is used for an evaluation of concrete reforms. The closer specification of the topics varies each semester. Every student has to prepare a paper and has to present it in class followed by discussions. Seminar: European Policy Europäische Wirtschaftspolitik

The seminar is intended to give information about the history of the EU, its institutions and its decision-making process. Firstly, the course deals with the main fields of European politics. Subsequently, the course gives deeper insights into selected fields such as the European Social Policy, the European Competition Policy, the European Research Policy or the European Environmental Policy. The closer specification of the topics varies each semester. Every student has to prepare a paper and has to present it in class followed by discussions.

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MICROECONOMICS AND EMPLOYMENT THEORY

Applied Microeconomics Applied Microeconomics

The purpose of this course is to apply the fundamental methods of price theory to decisions in business life. Several case studies analyze with tools of microeconomic theory the behaviour of firms in everyday life. Employment Theory Beschäftigungstheorie

The course offers an analysis of the empirical situation of the german labour market. It gives a survey of alternative labour market theories to explain unemployment. It covers traditional theories such as neoclassical, keynesian and monetarism theories as well as modern approaches like efficency wage models, insider-outsider-theory and implicit contracts-theory. Labor Market and Distribution (BA) Arbeitsmarkt und Verteilung

The course deals with the institutional situation of the german labour market and introduces different strategies and concepts of labour market policy. It also covers various concepts of measuring income distribution and several theories of income distribution.

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Introduction to European Union Economics Einführung in die Europäische Wirtschaftspolitik

This course gives an overlook over the history of European integration. It also describes the EU’s institutions, its decision making processes and the financing of the EU. Furthermore the course introduces the most important policy fields of the EU such as the Common Agricultural Policy, regional Policy, competition policy or monetary policy. Managerial Science Entscheidungsrechung

This course is an introduction to fundamental mathematical methods. The purpose is to apply those methods to various economic problems. It covers topics such as: fundamentals of financial mathematics, interpretation of economic models, economic functions, and optimization problems.

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STATISTICS AND ECONOMETRICS

Introduction to Econometrics Einführung in die Ökonometrie

Introduction to Econometrics involves the regression analysis with a single regressor and the method of ordinary least squares. Furthermore this method is extended to models with multiple regressors.

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BUSINESS EDUCATION AND DIDACTICS

Teaching and Learning in Business Administration Fachdidaktisches Seminar mit betriebswirtschaftlichem Schwerpunkt

The main topic of this course is Teaching and Learning in commercial education in vocational schools, namely according to different subjects and themes of Business Administration. Students are supposed to learn how to prepare, advance and optimise teaching and learning in commercial education. This takes place by giving attention to recent concepts and theories of teaching and learning in commercial education. Teaching and Learning in Economics Fachdidaktisches Seminar mit volkswirtschaftlichem Schwerpunkt

The main topic of this course is Teaching and Learning in commercial education in vocational schools, namely according to different subjects and themes of Economics. Students are supposed to learn how to prepare, advance and optimise teaching and learning in commercial education. This takes place by giving attention to recent concepts and theories of teaching and learning in commercial education. Practical Experiences in Vocational Schools Schulpraktische Übungen

Students who want to become a teacher for commercial education have to make practical experiences in teaching the subject. This seminar prepares these experiences, which take place during the semester in vocational schools once a week. Students will learn how to teach and how to behave as a teacher. Therefore they have to observe and

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analyse instruction firstly. Afterwards they try to design and practice instruction for their own, mostly in different grades of school.

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Imprint

Mercator School of Management

Course Catalogue

Editor: Prof. Dr. Dieter Cassel, Chairman of the Council for the International Exchange of Students and Academic Staff (ISMA) of the Faculty of Business

Mercator School of Management

Editorial Staff: Dipl.-Kff. Katrin Scheffold, MBA, ISMA Coordinator Lotharstrasse 65 • D-47048 Duisburg Tel.: +49 (203) 379-2759 Fax: +49 (203) 379-1781 E-Mail: isma@uni-duisburg.de

www.uni-duisburg.de/FB5/ISMA Duisburg, November 2005