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Module code: BITM-350 |
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4V (4 hours per week) |
5 |
Semester: 3 |
Mandatory course: yes |
Language of instruction:
English |
Assessment:
Written exam (90 minutes / Can be repeated semesterly)
[updated 17.09.2018]
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BITM-350 (P440-0082) International Tourism-Management, Bachelor, ASPO 01.10.2013
, semester 3, mandatory course
BITM-350 (P440-0082) International Tourism-Management, Bachelor, ASPO 01.10.2015
, semester 3, mandatory course
BITM-350 (P440-0082) International Tourism-Management, Bachelor, ASPO 01.10.2017
, semester 3, mandatory course
BITM-350 (P440-0082) International Tourism-Management, Bachelor, ASPO 01.10.2020
, semester 3, mandatory course
Suitable for exchange students (learning agreement)
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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.
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Recommended prerequisites (modules):
None.
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Recommended as prerequisite for:
BITM-511 Sustainability in Tourism BITM-521 Foreign Trade and Economic Policy
[updated 06.03.2020]
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Module coordinator:
Prof. Dr. Markus Hertrich |
Lecturer: Prof. Dr. Markus Hertrich
[updated 26.06.2017]
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Learning outcomes:
After successfully completing this module, students will: 1. know and be able to explain the basic principles of national accounts; 2. be able to explain key macroeconomic variables such as the gross domestic product and place them in a macroeconomic context; 3. be able to explain the components and determinants of aggregate demand; 4. be able to explain the price formation on the labor market and classify the determinants of macroeconomic supply; 5. be able to outline the principles of the European Central Bank´s monetary policy; 6. be able to explain the interplay between aggregate demand and aggregate supply on the supply and demand side.
[updated 21.03.2018]
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Module content:
1. Introduction 2. National income accounting 3. The neoclassical macro model 4. Inflation 5. The European Central Bank 6. The Keynesian Macro Model 7. The Phillips Curve 8. Alternative consumption functions
[updated 21.03.2018]
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Teaching methods/Media:
Lecture and exercises
[updated 21.03.2018]
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Recommended or required reading:
Blanchard, Olivier/Johnson, David R.: Macroeconomics, Upper Saddle River, latest edition Brümmerhoff, Dieter: Volkswirtschaftliche Gesamtrechnungen, München/Wien, latest edition. European Central Bank: The implementation of monetary policy in the euro area, Frankfurt, latest edition. Felderer, Bernhard/Homburg, Stefan: Macroeconomics and New Macroeconomics, Berlin, latest edition. Mankiw, Gregory N.: Macroeconomics, London/New York, latest edition.
[updated 21.03.2018]
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