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Economic Policy

Module name (EN): Economic Policy
Degree programme: Business Administration, Bachelor, ASPO 01.10.2020
Module code: BBWL-2020-610
Hours per semester week / Teaching method: 4V (4 hours per week)
ECTS credits: 5
Semester: 6
Mandatory course: yes
Language of instruction:
German
Assessment:
Written exam (90 min. / Can be repeated semesterly)

[updated 02.01.2019]
Applicability / Curricular relevance:
BBWL-610 Business Administration, Bachelor, ASPO 01.10.2012, semester 6, mandatory course
BBWL-610 Business Administration, Bachelor, ASPO 01.10.2016, semester 6, mandatory course
BBWL-2020-610 Business Administration, Bachelor, ASPO 01.10.2020, semester 6, mandatory course
Workload:
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 150 hours (equivalent to 5 ECTS credits).
There are therefore 105 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Christian Conrad
Lecturer: Prof. Dr. Christian Conrad

[updated 01.10.2016]
Learning outcomes:
After successfully completing this module, students will:
 
1. be able to explain how economic systems function (planned economy, market economy and social market economy).
2. be able to identify the reasons for allocative market failure and derive the role of the state from them.
 
3. be able to identify and apply the main restrictions of competition and the related competition policy of the Federal Republic of Germany.
 
4. be able to weigh up the advantages and disadvantages of state industrial policy.
 
5. be able to explain the reasons for economic fluctuations on the basis of economic theories.
6. be able to explain and apply foreign trade mechanisms.
 
 


[updated 02.01.2019]
Module content:
- Principles of economic policy
- Economic systems (planned economy, market economy and social market economy)
- Allocative market failure and the role of the state (e.g. environmental policy and labor market policy)
 
- Competition policy
 
- Industrial policy
- Economic policy
- Foreign trade   


[updated 02.01.2019]
Teaching methods/Media:
Lecture and tutorial  

[updated 02.01.2019]
Recommended or required reading:
- Conrad, Christian, A.: Die Notwendigkeit, die Möglichkeiten und die Grenzen
  einer internationalen Wettbewerbsordnung _ Reformansätze vor dem Hintergrund
  derzeitiger außenwirtschaftlicher Problemfelder und der Doha-Welthandelsrunde,
  Duncker & Humblot Berlin 2005.
- Fritsch, Michel/Wein, Thomas/Ewers, Hans-Jürgen: Marktversagen und
  Wirtschafspolitik, München: Vahlen, latest edition.
- Koch, Walter S./Czogalla, Christian/Ehret, Martin: Grundlagen der
  Wirtschaftspolitik, Stuttgart: Lucius & Lucius, latest edition.
- Klump, Rainer: Wirtschaftpolitik, München, latest edition.
- Schmidt, Ingo: Wettbewerbspolitik und Kartellrecht, Stuttgart: Lucius & Lucius,
  latest edition.   


[updated 02.01.2019]
[Wed Dec  1 01:31:16 CET 2021, CKEY=bwf, BKEY=bbw3, CID=BBWL-2020-610, LANGUAGE=en, DATE=01.12.2021]