Please keep in mind the year of validity.
2019/20
FACULTY OF MANAGEMENT,
ECONOMICS AND SOCIAL SCI-
ENCES
UNIVERSITY OF COLOGNE
VICE DEAN OF STUDIES DEPARTMENT
MODULE CATALOGUE
ECONOMICS (for students enrolled from winter term 2018/19)
MASTER OF SCIENCE
IN ACCORDANCE WITH THE EXAMINATION REGULATIONS FOR THE SINGLE MAJOR MASTER PROGRAMME IN ECONOMICS
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
ii
Academic Director Prof. Michael Krause, Ph.D
Programme Director Dr. Christoph Scheicher
Editor Vice Dean of Studies Department - WiSo Faculty
Student Services
WiSo Student Services
+49 (0) 221 / 470 - 8818
Status Taking effect on 01/10/2019
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
iii
List of abbreviations
AM Advanced module PRES Presentation
AS Assignment PRP Project Report
C Course SI Studium Integrale
CC Compulsory course SM Specialisation module
CH Contact hours (= time spent in
class) SPM Supplementary module
CM Core module SPW Semester period per week
CP Credit Points (ECTS) SSt Self-study
CS Case Study TP Term paper
EC Elective Course TPF Time required for preparation and
follow-up
OE Oral examniation TR Credit points transferred from an-
other university
PCR Practical component report WL Workload
PO Portfolio WT Written test
PR Project
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
iv
Table of contents
LIST OF ABBREVIATIONS ...................................................................................... III
1 ECONOMICS ....................................................................................................... 1
1.1 Content and objectives of the programme ................................................................ 1
1.2 Requirements .......................................................................................................... 1
1.3 Programme structure ............................................................................................... 2
1.4 Double Master´s Programme in Economics ............................................................. 3
1.5 Study Abroad Option ................................................................................................ 3
1.6 Sample study plans .................................................................................................. 6
2 SUPPORT FOR STUDENTS ............................................................................... 7
2.1 Calculation of the overall mark ................................................................................. 7
2.2 Rules for failed attempts .......................................................................................... 7
2.3 Subject-specific and examination advice .................................................................. 7
2.4 Other sources of information and advice .................................................................. 8
3 CURRICULUM AND MODULE DESCRIPTIONS .............................................. 10
3.1 Core and advanced section ....................................................................................10
3.2 Specialisation section .............................................................................................11
3.5 Master’s thesis ........................................................................................................22
3.6 Module descriptions ................................................................................................23
3.6.1 Core and advanced section..................................................................................23
3.6.2 Specialisation section ...........................................................................................41
3.6.3 Supplementary section ....................................................................................... 205
3.6.4 Master‘s thesis ................................................................................................... 420
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
1
1 Economics
The Master in Economics programme gives students the sound academic training they require
to perform economic and financial consultancy work as well as prepares them for roles involv-
ing the analysis and design of economic systems, treaty-making as well as negotiating institu-
tions and solutions to problems faced by specific markets. Graduates from the programme
understand macroeconomic and microeconomic processes and structures and are able to an-
alyse them using theoretical and empirical research methods and develop possible solutions
to economic problems on their own.
1.1 Content and objectives of the programme
Graduates enjoy various career opportunities in posts with an economic focus at public insti-
tutions such as government ministries, central banks, government offices and public admin-
istrations (such as regulatory authorities), European institutions (such as the EU Commission)
and international institutions (such as the OECD, IMF or World Bank). Research centres and
economics departments of private establishments (banks, consultancies, large industrial com-
panies, associations and media) are also potential employers. By combining certain speciali-
sation modules (e.g. energy, media or financial economics) with supplementary business ad-
ministration modules, students create additional opportunities for themselves on the job market
in business administration in the narrower sense of the term. Graduates can also find work in
consultancies, academic research institutes or higher education institutions. To be accepted
to the programme, students must hold a bachelor degree in a relevant area and meet the
requirements set out in the “Regulations concerning determination of aptitude” (Ordnung zur
Feststellung der besonderen Eignung).
1.2 Requirements
To be accepted for the Master Economics programme, applicants must have successfully com-
pleted a bachelor programme, on which they earned at least 180 ECTS credits, or an equiva-
lent programme. In accordance with the Regulations concerning determination of aptitude for
the Economics programme (Ordnung zur Feststellung der besonderen Eignung für den
Studiengang Economics) a programme is deemed successfully completed if the overall mark
was at least 2.7 or international equivalent.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
2
The Bachelor programme must also comply with the following subject-related criteria:
Variant a)
▪ at least 18 ECTS credits in the field of Economics and
▪ at least 48 further ECTS credits in the field of Economics and Social Sciences
▪ at least 15 ECTS credits in the field of Statistics and/or Mathematics (methodological
expertise only, no user expertise)
or Variant b)
• at least 40 ECTS credits in the field of Mathematics
Proof of English language skills to at least B2 in line with the Common European Framework
of Reference for Languages must also be supplied by the deadline for application. The gen-
erally established certificates (TOEFL, IELTS, etc.) are accepted.
If the number of applicants who meet the admission requirements is higher than the number
of places available on the programme, a selection process is conducted to rank the applicants.
The selection procedure is based on the result of the applicant’s bachelor degree or of a degree
recognised as being equivalent and the result of a voluntary study aptitude test (TM-WISO,
GMAT or GRE).
1.3 Programme structure
The master programme is modular in its structure and the standard period of study is four
terms. Students are required to accumulate 120 ECTS credits. They begin with core modules,
which contribute a total of 30 ECTS credits. In the supplementary module section, they can
accumulate 12 ECTS credits on courses in other subject areas offered by the Faculty. The
specialisation section consists of two subject areas (fields), each worth 18 ECTS credits. Fur-
thermore, the additional area ‘Selected Issues in Economics’ is compulsory in this section.The
students can choose their fields themselves, enabling them to decide which specific topics
they wish to focus on. Seven subject areas are available: Energy Economics, Economic De-
sign & Behavior, Markets & Institutions, Macroeconomics, Money and Financial Markets,
Growth, Labor and Inequality, Macroeconomics and Public Economics and Statistics & Econ-
ometrics. The master’s thesis to be written at the end of the programme carries 24 ECTS
credits.
In the specialization section, it is strongly recommended to complete the fields at first before
taking modules in the additional area ‘Selected Issues in Economics’ as a later transfer of
achieved credit points is not possible. Otherwise, it may be that students are not able to finish
a field if they have already chosen the missing module in the additional area.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
3
In the supplementary section, students have to be aware of the fact that there is only a limited
offer of English modules in some areas (e.g. Accounting and Taxation, Controlling, Business
Taxation, Audit). If you do not have knowledge of German language, please check the module
languages and cycles carefully before choosing an area in order to avoid a prolongation of
your study time.
1.4 Double Master´s Programme in Economics
The WiSo Faculty has established a Double Master's Programme in Economics in cooper-
ation with Keio University. Students admitted to the double degree track are spending one year
at Keio University and receive the master’s degrees of both universities after successful com-
pletion. The International Relations Center (ZIB WiSo) serves as point of information and
advice concerning the application process and the study plan.
1.5 Study Abroad Option
The WiSo Faculty offers a broad range of study abroad options within an excellent network of
prestigious partner universities worldwide. The so-called Study Abroad Programme (STAP)
includes ERASMUS exchanges and provides an opportunity for a single-term stay at one of
the WiSo Faculty's partner universities.
Successful STAP applicants benefit from direct contact and organisational support at the part-
ner university and are exempt from paying tuition fees there. The range of universities available
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
4
depends on the master programme in which the student is enrolled – the possible options are
listed in the WiSo EXchange (WEX) International Outgoings Portal (access through the
student's UoC account only), along with detailed information on each university.
Every year, aside from the STAP programme, the WiSo Faculty organises an exclusive short-
term study option WiSo@NYC which takes place in New York City.
In addition to these options offered by the Faculty, master students can also apply for a non-
WiSo exchange, offered by Dezernat 9 – Internationales (Central International Office of the
University of Cologne) within the ‘fakultätsübergreifende Partnerschaften’ framework. Further
possibilities are going abroad as a freemover (i.e. as a student who organises his or her stay
abroad individually) or participating in short-term courses or summer schools offered under
separate terms and conditions.
For all study abroad options, the International Relations Center (ZIB WiSo) serves as point
of information and advice.
The Faculty’s Study Abroad Programme (STAP):
Master students should plan and submit their application for a term abroad at the beginning of
their master studies. The STAP main selection round takes place once a year with application
deadline December 1st and allows for an application either for fall term or spring term of the
following academic year. Detailed information on the selection criteria and the best preparation
for a STAP application can be found online in the STAP Master Application Manual. As an
exception, if a certain number of slots is still available for spring term, a secondary STAP se-
lection round will be offered in May, with a limited choice of exchange opportunities.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
5
Credit transfer options from studies abroad:
The WiSo Faculty has put a lot of emphasis on internationalisation in the design of its master
courses, offering broad credit transfer options for all kinds of study abroad options. Each mas-
ter course includes at least one "Studies Abroad" module, with a broad range of courses suit-
able for credit transfer. In addition, a single course-to-course credit transfer can be considered.
For more information on credit transfer rules and regulations, please go to WiSo Credit Trans-
fer Center > Information > Studies Abroad. For any questions regarding credit transfer, stu-
dents can contact the ZIB WiSo or the WiSo Credit Transfer Center.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
6
1.6 Sample study plans
M.Sc. Economics
EC/
CC
Module
Section
CP
1 CC Core module Microeconomics Core section 6
1 CC Core module Macroeconomics Core section 6
1 CC Core module Econometrics I Core section 6
1 CC Core module Mathematics Core section 6
1 CC Core module Methods Core section 6
30
2 EC Specialisation module I Field I Specialisation section 6
2 EC Specialisation module II Field I Specialisation section 6
2 EC Specialisation module I Field II Specialisation section 6
2 EC Specialisation module Seminar Field I Specialisation section 6
2 EC Supplementary module I Supplementary section 6
30
3 EC Specialisation module II Field II Specialisation section 6
3 EC Specialisation module Seminar Field II Specialisation section 6
3 EC Specialisation module Selected Issues I Specialisation section 6
3 EC Specialisation module Selected Issues II Specialisation section 6
3 EC Supplementary module II Supplementary section 6
30
4 EC Specialisation module Selected Issues III Specialisation section 6
4 CC Master´s Thesis Economics 24
30
1.6 Modules with mid-term examinations
Some modules have courses that only run for half a term and usually with twice the normal
number of classes. For these modules, the term is divided into two roughly equal halves. In
the fall, the mid-term usually ends at the beginning of December; in the spring, it is usually in
the middle or at the end of May. Often, the examinations for these courses are held mid-term,
enabling students to reduce their examination load at the end of term.
The information in the campus management system (KLIPS) regarding the dates of courses
and examinations is relevant in this context.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
7
2 Support for students
2.1 Calculation of the overall mark
The marks for core and advanced, supplementary as well as specialisation sections are cal-
culated as the weighted arithmetic mean of the marks for the respective modules, based on
the weighting system described in the annexes. In the case of end-of-module examinations
consisting of several components, the mark for the module is calculated as specified in the
annex.
The overall mark for the degree is calculated as the weighted arithmetic mean of the marks for
the subject categories and the mark for the master’s thesis. On the Economics programme,
the weighting for the contributions to the overall mark is as follows:
a) Mark for core and advanced section: 30 of 120 ECTS credits
b) Mark for specialisation section: 54 of 120 ECTS credits
c) Mark for supplementary section: 12 of 120 ECTS credits
d) Mark for master’s thesis: 24 of 120 ECTS credits
2.2 Rules for failed attempts
Students may retake module examinations that they have failed. The number of attempts is
limited to three per module. Modules offered by faculties other than the Faculty of Manage-
ment, Economics and Social Sciences (“WiSo Faculty”) may be subject to different rules.
After failing an exam three times, the WiSSPo provides information regarding the possibility
and the requirements to receiving additional resit attempts. If none of the first three examina-
tion attempts were failed due to cheating or to an offence, further two resit attempts can be
granted at any point of the programme. Students who have accumulated at least 90 credit
points can be granted a further additional attempt. If a student fails an examination in the two
additional attempts and the extra attempt for students with 90 points or more, they are deemed
to have failed the programme at the final attempt. Where a module examination consists of
several components, the candidate must obtain a “bestanden” (pass) mark, or at least an
“ausreichend (4,0)“ (sufficient) mark, in all of the examination components. All components
marked “mangelhaft (5,0)” or “nicht bestanden” (fail) must be retaken.
It is not possible to resit module examinations that have already been passed.
A failed master’s thesis can be retaken once, with a new topic. Students must register for their
second attempt within six months of the result of their first attempt being announced.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
8
2.3 Subject-specific and examination advice
The WiSo Student Services (WiSo-Studienberatungszentrum) provide general advice on
studies, including the possibilities available and the requirements for all programmes offered
by the WiSo Faculty. It offers subject-specific recommendations concerning students’ study
plan for their first term of the respective programme plus information on the structures of the
various programmes. The WiSo Student Services are also the first place to turn to for students
with other questions and problems related to their studies. It can be contacted by phone, in
person and, of course, via e-mail. The opening hours and contact information can be found on
the corresponding website.
Subject-specific advice is provided during the designated consulting hours by the Univer-
sity’s faculty members and associated teaching staff (“akademische Mitarbeiterinnen und Mi-
tarbeiter”) involved in the teaching of the programme. The designated times are announced
by means of notices in the institutes and on the departments’/institutes’ websites.
Legally binding information concerning examinations and examination procedures is provided
by the WiSo Faculty Examination Offices. These offices also issue transcripts of records in
German and English, ranking certificates and letters of assignment to the appropriate term of
the programme. All the necessary information, contact details and opening hours can be found
on the corresponding website.
2.4 Other sources of information and advice
International students who study at the WiSo Faculty for part of their programme can turn to
the International Relations Center (“Zentrum für Internationale Beziehungen” or “ZIB”)
for help with any questions they have. Cologne University students preparing to study abroad
can also contact the ZIB for support. The Center also runs a variety of summer schools, short
programmes and Business English courses. The services, courses and people to contact can
all be found on the website.
The Faculty’s Credit Transfer Centre (Zentrum für die Anrechnung auswärtiger Leis-
tungen) is responsible for recognising credits accumulated in other institutions. This applies
both to credits students have gained at other higher education institutions in Germany or
abroad prior to studying at the WiSo Faculty, and to (advance) transfer of credits that students
plan to accumulate abroad or have already accumulated abroad as part of a WiSo Faculty
programme. This system eliminates the need to make individual inquiries to departments/in-
stitutes and examination offices. Students can find out everything they need to know about the
transfer process on the corresponding website.
The WiSo Career Service offers advice and support, in cooperation with other partners, for
students from the WiSo Faculty looking for an internship or profession that is right for them. It
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
9
also helps them as they plan their career and apply for jobs. In addition, the WiSo Career
Service organises seminars, presentations and special events in cooperation with employers
and external and internal experts.
The WiSo IT Service runs regular courses dealing with standard software and field-specific
programs.
KLIPS 2.0 is the central campus management system of the University of Cologne. At the
WiSo faculty, KLIPS 2.0 serves as a student organization tool. Students should use it as an
online course catalog, for registration and deregistration of courses and examinations, as well
as an overview of the complete study program and calendar. Information on current dates and
deadlines of the WiSo faculty, as well as video tutorials and FAQs about KLIPS can be found
on the homepage of WiSo-KLIPS-Support. If you have further questions, feel free to contact
WiSo-KLIPS-Support via e-mail ([email protected]). For account questions, contact the
central KLIPS support.
Students who are having difficulties with their studies or their personal lives can seek help from
the Psychosocial Counselling Service run by the Kölner Studierendenwerk. In addition to
counselling, it also provides advice on writing and learning skills plus support for pregnant
students and students who have children.
A further service is Nightline Köln, the listening and information helpline run by students for
students at all of Cologne’s institutions of higher education.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
10
3 Curriculum and module descriptions
3.1 Core and advanced section
In accordance with paragraph 30a (1), No. 1 of the Examination Regulations, the examina-tion candidate must obtain 30 ECTS credits in the core section.
Group Module ECTS CC/EC Re-
qui-
red
Mathematics Core Module Mathematics 6 EC 6
Core Module Mathematics (Research Track)1 6 EC
Microeconomics Core Module Microeconomics 6 EC 6
Core Module Microeconomics I (Research Track)1 6 EC
Macroeconomics Core Module Macroeconomics 6 EC 6
Core Module Macroeconomics I (Research Track) 1 6 EC
Econometrics Core Module Econometrics I 6 EC 6
Core Module Econometrics I (Research Track) 1 6 EC
Methods Core Module Methods 6 EC 6
Core Module Methods (Research Track) 1 6 EC
1 The Research Track modules will be offered in winter term 2019/20 and summer term 2020 for the last time. Starting with winter term 2020/21, modules of the Core Section are compulsory courses.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
11
3.2 Specialisation section
In accordance with paragraph 30a (1), No. 2 of the Examination Regulations, the examina-tion candidate must obtain 54 ECTS credits in three sub-groups of the specialisation section whereas the sub-group ‘Selected Issues in Economics’ is compulsory.
Group Module ECTS CC/EC Requi-
red
Sele
cte
d I
ssues in
Econ
om
ics
Core Module Research Track I1 6 EC 18
Core Module Research Track II1 6 EC
Core Module Research Track III1 6 EC
Core Module Econometrics II 6 EC
Specialisation Module Economic Engineering 6 EC
Specialisation Module Auction Theory 6 EC
Specialisation Module Contract Theory 6 EC
Specialisation Module Behavioral Economics 6 EC
Specialisation Module Topics in Design and Behavior A 6 EC
Specialisation Module Topics in Design and Behavior B 6 EC
Specialisation Module Topics in Design and Behavior C 6 EC
Specialisation Module Topics in Design and Behavior D 6 EC
Specialisation Module Matching and Market Design: Theory
and Practice
6 EC
Specialisation Module Foundations in Growth, Labor and Ine-
quality in the Global Economy A
6 EC
Specialisation Module Foundations in Growth, Labor and Ine-
quality in the Global Economy B
6 EC
Specialisation Module Foundations in Growth, Labor and Ine-
quality in the Global Economy C
6 EC
Specialisation Module Topics in Growth, Labor and Inequality
in the Global Economy
6 EC
Specialisation Module Seminar Markets and Institutions 6 EC
Specialisation Module Competition Policy 6 EC
Specialisation Module Specific Markets A 6 EC
1 The Core Modules Research Track I-III will be offered in winter term 2019/20 and summer term 2020 for the last time.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
12
Specialisation Module Specific Markets B 6 EC
Specialisation Module Topics in Markets and Institutions A 6 EC
Specialisation Module Topics in Markets and Institutions B 6 EC
Specialisation Module Topics in Markets and Institutions C 6 EC
Specialisation Module Economics of Innovation 6 EC
Specialisation Module Topics in Macroeconomics and Public
Economics1
6 EC
Specialisation Module Time Series Analysis 6 EC
Specialisation Module Bayesian Econometrics 6 EC
Specialisation Module Statistical Analysis of Financial Data 6 EC
Specialisation Module Advanced Statistics (Stochastic Pro-
cesses)
6 EC
Specialisation Module Advanced Statistics (Statistical Infer-
ence)
6 EC
Specialisation Module Topics in Statistics A 6 EC
Specialisation Module Topics in Statistics B 6 EC
Specialisation Module Topics in Econometrics C 6 EC
Specialisation Module Seminar Statistics and Econometrics 6 EC
1 The Specialisation Module Topics in Macroeconomics and Public Economics will be offered in winter term 2019/20 and summer term 2020 for the last time (according to the respective cycle).
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
13
Energ
y E
con
om
ics
Schwerpunktmodul Seminar in Energy, Resource and Environ-
mental Economics
6 CC 6 18
Schwerpunktmodul Energy Markets and Regulation (Master) 6 EC 12
Schwerpunktmodul Energy, Resources, Environment and the
Economy
6 EC
Schwerpunktmodul Topics in Energy Markets and Regulation A 6 EC
Schwerpunktmodul Topics in Energy Markets and Regulation B 6 EC
Schwerpunktmodul Topics in Energy, Resources, Environment
and the Economy A
6 EC
Schwerpunktmodul Topics in Energy, Resources, Environment
and the Economy B
6 EC
Gro
wth
, L
abor
and I
ne
qua
lity in t
he
Glo
ba
l E
cono
my
Schwerpunktmodul Seminar in Growth, Labor and Inequality in
the Global Economy
6 CC 6 18
Schwerpunktmodul Foundations in Growth, Labor and Inequal-
ity in the Global Economy A
6 EC 12
Schwerpunktmodul Foundations in Growth, Labor and Inequal-
ity in the Global Economy B
6 EC
Schwerpunktmodul Foundations in Growth, Labor and Inequal-
ity in the Global Economy C
6 EC
Schwerpunktmodul Topics in Growth, Labor and Inequality in
the Global Economy
6 EC
Mark
ets
& I
nstitu
tions
Specialisation Module Seminar Markets and Institutions 6 CC 6 18
Specialisation Module Competition Policy 6 EC 12
Specialisation Module Specific Markets A 6 EC
Specialisation Module Specific Markets B 6 EC
Specialisation Module Topics in Markets and Institutions A 6 EC
Specialisation Module Topics in Markets and Institutions B 6 EC
Specialisation Module Topics in Markets and Institutions C 6 EC
Specialisation Module Economics of Innovation 6 EC
Specialisation Module Matching and Market Design: Theory
and Practice
6 EC
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
14
Macro
econ
om
ics, M
on
ey a
nd F
inan-
cia
l M
ark
ets
1
Specialisation Module Seminar in Macroeconomics, Money
and Financial Markets1
6 CC 6 18
Specialisation Module Foundations in Macroeconomics, Money
and Financial Markets A1
6 EC 12
Specialisation Module Foundations in Macroeconomics, Money
and Financial Markets B1
6 EC
Specialisation Module Foundations in Macroeconomics, Money
and Financial Markets C1
6 EC
Specialisation Module Topics in Macroeconomics, Money and
Financial Markets1
6 EC
Macro
econ
om
ics a
nd
Pub
lic E
cono
mic
s2
Specialisation Module Seminar in Macroeconomics and Public
Economics2
6 EC 18
Specialisation Module Foundations in Macroeconomics and
Public Economics A2
6 EC
Specialisation Module Topics in Macroeconomics and Public
Economics2
6 EC
Specialisation Module Economics of Innovation2 6 EC
Macro
econ
om
ics a
nd P
ublic
Polic
y3 Specialisation Module Seminar in Macroeconomics and Public
Policy3
6 EC 18
Specialisation Module Foundations in Macroeconomics and
Public Policy A3
6 EC
Specialisation Module Foundations in Macroeconomics and
Public Policy B3
6 EC
Specialisation Module Foundations in Macroeconomics and
Public Policy C3
6 EC
Specialisation Module Topics in Macroeconomics and Public
Policy3
6 EC
1 The Field Macroeconomics, Money and Financial Markets will be offered in winter term 2019/20 and summer term 2020 for the last time. Starting with winter term 20/21 the modules are replaced by the Field Macroeconomics and Public Policy.
2 The Macroeconomics and Public Economics will be offered in winter term 2019/20 and summer term 2020 for the last time. Starting with winter term 20/21 the modules are replaced by the Field Macroeconomics and Public Policy.
3 Starting with winter term 20/21 the Field Macroeconomics, Money and Financial Markets und Macroeconomics and the Field Public Economics are replaced by the Field Macroeconomics and Public Policy.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
15
Sta
tistics &
Econ
om
etr
ics
Specialisation Module Time Series Analysis 6 EC 18
Specialisation Module Bayesian Econometrics 6 EC
Specialisation Module Statistical Analysis of Financial Data 6 EC
Specialisation Module Advanced Statistics (Stochastic Pro-
cesses)
6 EC
Specialisation Module Advanced Statistics (Statistical Infer-
ence)
6 EC
Specialisation Module Topics in Statistics A 6 EC
Specialisation Module Topics in Statistics B 6 EC
Specialisation Module Topics in Econometrics C 6 EC
Specialisation Module Seminar Statistics and Econometrics 6 EC
Specialisation Module Multivariate Statistics 6 EC
Desig
n a
nd B
ehavio
r
Specialisation Module Seminar Design and Behavior 6 CC 6 18
Specialisation Module Economic Engineering 6 EC 12
Specialisation Module Auction Theory 6 EC
Specialisation Module Contract Theory 6 EC
Specialisation Module Behavioral Economics 6 EC
Specialisation Module Topics in Design and Behavior A 6 EC
Specialisation Module Topics in Design and Behavior B 6 EC
Specialisation Module Topics in Design and Behavior C 6 EC
Specialisation Module Topics in Design and Behavior D 6 EC
Specialisation Module Matching and Market Design: Theory
and Practice
6 EC
Stu
die
s
Abro
ad
Studies Abroad in Economics (Master) 18 CC 18
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
16
3.3 Supplementary section
In accordance with paragraph 30a (1) No. 3 of the Examination Regulations, the examination candi-date must obtain 12 ECTS credits in a sub-group of the supplementary section.
Gruppe Modul LP P/WP Soll
LP
Accounting a
nd T
axation
Specialisation Module Corporate Taxation 12 EC 12
Specialisation Module Operative and Strategic Controlling 12 EC
Specialisation Module International Accounting and Corporate Val-
uation2
12 EC
Specialisation Module International Accounting2 6 EC
Specialisation Module Corporate Valuation2 6 EC
Specialisation Module Selected Issues in Business Taxation II 6 EC
Specialisation Module Value-based Controlling 6 EC
Specialisation Module Selected Issues in Accounting and Auditing I 6 EC
Contr
olli
ng
Specialisation Module Operative and Strategic Controlling 12 EC 12
Specialisation Module Value-based Controlling 6 EC
Specialisation Module Selected Issues in Controlling 6 EC
Specialisation Module Selected Issues in Business Taxation I 6 EC
Specialisation Module Finance 7 6 EC
Corp
ora
te
Develo
p-
ment
Specialisation Module Business Ethics 6 EC 12
Specialisation Module Strategic Human Resource Management 6 EC
Specialisation Module Strategic Management 6 EC
Econo
mic
Psycho-
logy
Supplementary Module Introduction to Economic Psychology 12 CC 12
Fin
ance
Specialisation Module Financial Theory 12 EC 12
Specialisation Module Financial Institutions Management 12 EC
Specialisation Module Finance 1 6 EC
2 The Specialisation Module International Accounting and Corporate Valuation (12 LP) will be offered in winter term 2019/20 and summer term 2020. Starting with winter term 2020/21, the modules Specialisation module International Accounting and Specialisation Module Corporate Valuation (à 6 LP) are offered instead.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
17
Specialisation Module Finance 5 6 EC
Specialisation Module Finance 7 6 EC
Specialisation Module Value-Based Management in Insurance 6 EC
Mark
eting
Specialisation Module Marketing I 6 EC 12
Specialisation Module Marketing II 6 EC
Specialisation Module Marketing III 6 EC
Specialisation Module Marketing IV 6 EC
Med
ia M
a-
nage
me
nt Specialisation Module Media and Technology Management: Enter-
prises, Markets, and Strategies (6 LP)
6 CC 12
Specialisation Module Media and Technology Management: Plat-
forms, Information Goods and Infrastructure (6 LP)
6 CC
Econo
mic
Meth
odo
logy
and H
isto
ry o
f
Thoug
ht
Supplementary Module Economic Methodology and History of
Thought1
12 CC 12
Polit
ical S
cie
nce
Core Module Political Science I (Master) 6 EC 12
Core Module Political Science II (Master) 6 EC
Core Module Political Science III (Master) 6 EC
Core Module Political Science IV (Master) 6 EC
Core Module Political Science V (Master) 6 EC
Core Module Methods of Political Science 6 EC
Socia
l P
olic
y
Supplementary Module Development of social environment and co-
operative system studies
12 EC 12
Supplementary Module Trans- and international perspective of so-
cial policy2
12 EC
Core Module Trans- and international perspective2 6 EC
Core Module Comparison of Health Care Systems2 6 EC
1 New enrollments are not possible. Outstanding exams can be taken for the last time in winter term 19/20 and summer term 2020.
2 The Supplementary Module Trans- and international perspective of social policy (12 ECTS) will be offered in winter term 2019/20 and summer term 2020. Starting with winter term 2020/21, the modules Core Module Trans- and international per-spective and Core Module Comparison of Health Care Systems (à 6 ECTS) are offered instead.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
18
Sup
ply
Chain
Mana
gem
ent
Specialisation Module Supply Chain Innovation 6 EC 12
Specialisation Module Project Management 6 EC
Specialisation Module Supply Chain Operations¹ 12 EC
Specialisation Module Behavioral Operations (Adv.)² 6 EC
Specialisation Module Supply Chain Operations (6 LP)² 6 EC
Specialisation Module Production Management¹ 12 EC
Specialisation Module Supply Network Design² 6 EC
Specialisation Module Operative Supply Chain Planning² 6 EC
Busin
ess T
axation
Specialisation Module Business Taxation 12 EC 12
Specialisation Module Selected Issues in Business Taxation II 6 EC
Core Module International Tax Law 6 EC
Core Module Business Taxation Law 6 EC
Core Module Selected Issues in Tax Law 6 EC
Econo
mic
Geogra
phy Supplementary Module Economic Geography I 6 EC 12
Supplementary Module Economic Geography II 12 EC
Supplementary Module Economic Geography III 6 EC
Aud
it
Specialisation Module International Accounting and Corporate Val-
uation¹
12 EC 12
Specialisation Module International Accounting² 6 EC
Specialisation Module Corporate Valuation² 6 EC
Specialisation Module Selected Issues in Accounting and Auditing I 6 EC
Specialisation Module Selected Issues in Accounting and Auditing
II
6 EC
Specialisation Module Selected Issues in Business Taxation I 6 EC
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
19
Sele
cte
d I
ssues in
Econ
om
ics
Core Module Econometrics II 6 EC 12
Specialisation Module Economic Engineering 6 EC
Specialisation Module Auction Theory 6 EC
Specialisation Module Contract Theory 6 EC
Specialisation Module Behavioral Economics 6 EC
Specialisation Module Topics in Design and Behavior A 6 EC
Specialisation Module Topics in Design and Behavior B 6 EC
Specialisation Module Topics in Design and Behavior C 6 EC
Specialisation Module Topics in Design and Behavior D 6 EC
Specialisation Module Matching and Market Design: Theory and
Practice
6 EC
Specialisation Module Foundations in Growth, Labor and Inequality
in the Global Economy A
6 EC
Specialisation Module Foundations in Growth, Labor and Inequality
in the Global Economy B
6 EC
Specialisation Module Foundations in Growth, Labor and Inequality
in the Global Economy C
6 EC
Specialisation Module Topics in Growth, Labor and Inequality in
the Global Economy
6 EC
Specialisation Module Seminar Markets and Institutions 6 EC
Specialisation Module Competition Policy 6 EC
Specialisation Module Specific Markets A 6 EC
Specialisation Module Specific Markets B 6 EC
Specialisation Module Topics in Markets and Institutions A 6 EC
Specialisation Module Topics in Markets and Institutions B 6 EC
Specialisation Module Topics in Markets and Institutions C 6 EC
Specialisation Module Economics of Innovation 6 EC
Specialisation Module Topics in Macroeconomics and Public Eco-
nomics¹
6 EC
Specialisation Module Time Series Analysis 6 EC
Specialisation Module Bayesian Econometrics 6 EC
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
20
Specialisation Module Statistical Analysis of Financial Data 6 EC
Specialisation Module Advanced Statistics (Stochastic Processes) 6 EC
Specialisation Module Advanced Statistics (Statistical Inference) 6 EC
Specialisation Module Topics in Statistics A 6 EC
Specialisation Module Topics in Statistics B 6 EC
Specialisation Module Topics in Econometrics C 6 EC
Specialisation Module Seminar Statistics and Econometrics 6 EC
Studies Abroad in Economics A 6 EC
Studies Abroad in Economics B 6 EC
Econo
mic
Researc
h
Core Module Advanced Mathematics 6 EC 12
Core Module Advanced Experimental Methods 6 EC
Core Module Advanced Computational Methods 6 EC
Core Module Advanced Microeconomics I 6 EC
Core Module Advanced Microeconomics II 6 EC
Core Module Advanced Macroeconomics I 6 EC
Core Module Advanced Macroeconomics II 6 EC
Core Module Advanced Econometrics I 6 EC
Core Module Advanced Econometrics II 6 EC
Specialisation Module Market Design and Mechanism Design 6 EC
Specialisation Module Political Economics and Media Economics 6 EC
Specialisation Module Advanced Public Economics 6 EC
Specialisation Module Advanced Behavioral Economics 6 EC
Specialisation Module Frictions, Technology, and Inequality 6 EC
Specialisation Module Microeconometrics 6 EC
Specialisation Module Time Series Econometrics 6 EC
Specialisation Module Selected Issues in Economic Reserach I 6 EC
Specialisation Module Selected Issues in Economic Reserach II 6 EC
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
21
Stu
die
s
Abro
ad
Studies Abroad I (Master) 12 CC 12
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
22
3.4 Extracurricular course programme
In addition to their regular studies Master's students have the opportunity to take part in extra-
curricular courses, in which both academic and vocational skills are taught. Thus it can have
an academic and a professional orientation, which serve the development of professional com-
petences. The extracurricular course programme intends to promote and impart competences
that go beyond specialist knowledge or concern basic scientific or personal attitudes: scientific
curiosity, systematic and analytical thinking, dealing with complexity, solution-orientation and
other skills, e.g. the ability to work in a team and foreign language skills. The extracurricular
course programme is offered jointly by the faculties and the Professional Centre of the
University of Cologne and enables students to pursue their own additional interests, to
gain insights into other subjects and faculties, to attend events of social importance, to
acquire professionally relevant skills and to attend language courses. In addition, stu-
dents are offered learning and study aids as part of the extracurricular programme, e.g.
for scientific work or literature research. Extracurricular courses are not credited, but
the participation is noted on the transcript of records.
3.5 Master’s thesis
The master’s thesis, which carries 24 ECTS credits, is written towards the end of the pro-
gramme. It is intended to show that the student is capable of conducting academic work on
and reflecting on a specific problem related to the subject matter covered on the programme,
using the necessary methods and within a specified period. The topic of the master’s thesis
must reflect the economic methods learned during the programme.
Group master’s theses are also permitted provided a clear distinction between and assess-
ment of each candidate’s contribution is possible. Objective criteria that make a clear distinc-
tion possible, such as sections, page numbers or topics, are used to indicate which student
made which contribution. The total workload required of each group member must exceed the
requirements for individual masters’ theses to an appropriate extent. The difficulty and content
of a group thesis must meet the same requirements as for theses undertaken individually and
independently. The contribution made by each individual must meet the requirements for mas-
ters’ theses.
To register to do their master’s thesis, students must have accumulated a minimum of 60 ECTS
credits. They may take no longer than six months to write the thesis. Further, more detailed
information on master’s theses can be found in the Examination Regulations.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
23
3.6 Module descriptions
3.6.1 Core and advanced section
Core Module Mathematics
Module code 1314BMMa01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Mathematics for Economists
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basic concepts of linear algebra • Linear systems of equations • Determinants • Eigenvalues and eigenvectors • Optimisation of functions with multiple variables • Difference equations • Differential equations • Systems of linear differential equations
3 Learning objectives Students... ... apply basic analysis and linear algebra methods correctly. ... express in mathematical terms economic problems that they come across in their
professional work. ... use technical jargon according to the respective target groups.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
24
VWL MA Reg China Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019) Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Prof. Dr. Rainer Dyckerhoff
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
25
Core Module Mathematics (Research Track)
Module code 1302BMMaR0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term1
Duration 1 Term
1 Courses Advanced Mathematics for
Economists
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Overview of elementary mathematical concepts • Metric and normed spaces • Linear algebra • Differential calculus and applications • Convex sets and concave functions • Optimisation
3 Learning objectives Students... ... apply mathematical argumentation and proof techniques properly. ... mathematically formulate and solve economic problems that occur during research.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Martin Barbie
10 Miscellaneous 1The Research Track modules will be offered in winter term 2019/20 for the last time.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
26
Core Module Microeconomics
Module code 1289BMMi04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Game Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Non-cooperative game theory • Games in normal form • Games in extensive form, with perfect and imperfect information • Finitely and infinitely repeated games • Cooperative game theory • Kern, Shapley value, negotiation solutions • Evolutionary game theory • Social choice theory and elections • Condorcet’s paradox, Arrow’s theorem
3 Learning objectives Students... ... acquire basic knowledge of game theory. ... understand where game theory can be applied in political and social science. ... identify the links between game theory and experimental economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
27
Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
28
Core Module Microeconomics I (Research Track)
Module code 1289BMMR00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term1
Duration 1 Term
1 Courses Core Microeconomics (Re-
search Track)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Theory of budget and demand • Theory of the firm and of supply • Market equilibrium
3 Learning objectives Students... ... understand modern microeconomic concepts. ... are proficient in the main techniques used for microeconomic analysis, for example
analysis of individual decision-making behaviour. ... use mathematical models to examine pricing on markets. ... modify those models in order to identify their limitations and to analyse the effects of
political interventions.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Good basic knowledge of microeconomics and mathematics.
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous 1The Research Track modules will be offered in winter term 2019/20 for the last time.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
29
Core Module Macroeconomics
Module code 1302BMMa04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Macroeconomics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Stylized facts on growth and cyclical fluctuations in employment, production and infla-
tion. - Growth models with exogenous technical progress (Solow model) and with endoge-
nous savings ratio (Ramsey model and the overlapping generation model). - endogenous technical progress (accumulation of human capital). - Stochastic fluctuations in the growth process and other shocks: the model of real
business cycles (RBC); the natural rate of interest and output. - Pricing of monopolistic companies and price rigidities. - The New Keynesian Model for the Analysis of Business Cycle and Economic Policy - Monetary policy: objectives, interest rate policy, and time consistency of optimal poli-
cies - Current economic policy issues
3 Learning objectives Students... ... understand the fundamental drivers of growth and economic activity. ... interpret major macroeconomic developments as general equilibrium phenomena in
the context of partial analytical perspectives. ... can select the models suitable for the respective questions ... understand the role of nominal and real rigidities in adjusting the economy to shocks
and policy interventions. ... can critically assess the models according to their strengths and weaknesses.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Fundamental knowledge on Bachelor level in Microeconomics, Macro-
economics, Mathematics (Analysis, Algebra) and Statistics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
30
Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019) Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Michael Krause, Ph.D.
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
31
Core Module Macroeconomics I (Research Track)
Module code 1302BMMR01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term1
Duration 1 Term
1 Courses Advanced Macroeconomics I
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Stylized facts: growth and business cycyles • Dynamic optimization in continuous time and in discrete time under uncertainty • Stability and uniqueness of dynamic systems • The canonical neoclassical growth model • Exogenous and endogenous growth • Real business cycles (TFP and fiscal policy shocks) • Numeral solutions, simulation and evaluation of structural models • Calibration and introduction in structural estimation of model parameter
3 Learning objectives Students... ... analyze and solve the canonical models of Real Business Cycle and Growth Theory
at an advanced methodological level … apply the mathematical and numerical methods necessary to do so ... tailor and apply these models to answer positive and normative research questions
in the areas of growth and business cycle fluctuations … discuss the strengths and weaknesses of these models in terms of their assump-
tions and implications … parameterize models using filtered data und assess the goodness of fit ... develop analytical skills required for research activities and further studies (doctor-
ate) … gain an understanding of the most important strands of the literature that prepares
them for their own research at an advanced level
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
32
9 Module manager Univ.-Prof. Dr. Peter Funk Univ.-Prof. Dr. Johannes Pfeifer
10 Miscellaneous 1The Research Track modules will be offered in winter term 2019/20 for the last time.
Useful references are: - Acemoglu, Daron (2008). Introduction to modern economic
growth. Princeton University Press. - McCandless, George T. (2008). The ABC of
RBCs. Harvard University Press. - King, Robert G. and Sergio T. Rebelo (1999).
“Resuscitating real business cycles”. Handbook of macroeconomics. Ed. by John B.
Taylor and Michael Woodford. Vol. 1. Elsevier, 927–1007. - Chow, Gregory C.
(1997). Dynamic economics: optimization by the Lagrange method. Oxford: Oxford Uni-
versity Press. - Ljungqvist, Lars and Thomas J. Sargent (2012). Recursive macroeco-
nomic theory. 3rd ed. Cambridge, MA: MIT Press. - Stokey, Nancy, Robert E. Lu-
cas, and Edward C. Prescott (1989). Recursive methods in economic dynamics. Har-
vard University Press.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
33
Core Module Econometrics I
Module code 1314BMEc01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Core Econometrics I
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content • Linear regression model and OLS method • Generalised linear regression model with heteroskedastic/autocorrelated errors and
(F)GLS method • Endogeneity and instrumental variables • Maximum likelihood method
3 Learning objectives Students... ... acquire basic knowledge of econometric methods, understand scientific contributions
in the field of empirical economic research and conduct empirical studies on economic
issues independently. ... create econometric models and choose between alternative model specifications. ... can estimate parameters of linear and generalised regression models, models for dis-
crete and limited dependent variables and time series models, using suitable inference
methods, and conduct hypothesis tests. ... generate forecasts for economic variables.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
34
Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
35
Basismodul Econometrics I (Research Track)
Module code 1314BMER03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term1
Duration 1 Term
1 Courses Advanced Econometrics: The-
ory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Classic linear model • Tests in the classic linear model • Specification of econometric models • Generalized Linear Models (GLM) • Panel data regression • Methods in time series analysis • Instrumented variables / GMM • Asymptotical inference
3 Learning objectives Students... ... understand academic papers in empirical economic research and evaluate the quan-
titative methods used. ... model economic interrelations with econometric methods and choose appropriate
modul specifications. ... estimate parameters with suitable methods and execute hypothesis testings.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the exam
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous 1The Research Track modules will be offered in winter term 2019/20 for the last time.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
36
This course presents econometric tools with which to analyse cross-sectional data, time
series and panel data at PhD level.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
37
Core Module Methods
Module code 1289BMMe00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Experimental Methods b) Computational Methods
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Experimental Methods (spring term): • Experimental methods in economics • Experimental design • Performance of experiments • Evaluation of data from economic experiments
Computational Methods (spring term): • Programming of numerical algorithms • Numerical approximation • Numerical solution of root and optimisation problems • Application to canonical economic problems • Parameterisation, solution and simulation of structural economic models
3 Learning objectives Students... ... apply numerical methods and programs to solve and simulate quantitative structural
economic models (Computational Methods). ... apply and assess different methods and applications of experimental economic re-
search and interpret experimental data (Experimental Methods). ... adapt the terminology of the field to the target audience.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test for one course. Only one course must be attended; the exami-
nation for refers to the topic of only one course.
8 Other programmes that use the module Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
38
VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019) Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
39
Core Module Methods (Research Track)
Module code 1289BMMeR0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer
term1
Duration 1 Term
1 Courses a) Experimental Methods (Re-
search Track / spring term) b) Computational Methods (Re-
search Track / Spring term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Experimental Methods (spring term): • experimental methods used in economics • experimental design • performance of economic experiments • evaluation of the data from economic experiments.
Computational Methods (spring term): • Programming of numerical algorithms • Numerical approximation • Numerical solution of root and optimisation problems • Application to canonical economic problems • Parameterisation, solution and simulation of structural economic models
3 Learning objectives Students... ... apply numerical methods and programs to solve and simulate quantitative structural
economic models (Computational Methods). ... know different methods and applications of experimental economic research, apply
and assess the methods and interpret experimental data (Experimental Methods). ... adapt the terminology of the field to the target audience.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Basis- und Aufbaubereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
40
9 Module manager Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous 1This Research Track module will be offered in winter term 2019/20 for the last time. In
SoSe 2020, the module will only be available for crediting purposes.
Literature Experimental Methods: Friedman and Sunder, Experimental Methods: A Pri-
mer for Economists, Cambridge University Press (1994)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
41
3.6.2 Specialisation section
Core Module Research Track I
Module code 1287BMRT01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Microeconomics II
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Static games of complete information: Nash equilibrium, mixed strategies • Dynamic games of complete information: subgame perfect Nash equilibrium, one-
shot devia-tion principle, negotiations, forward induction • Static games of incomplete information: Bayesian Nash equilibrium, auctions • Dynamic games of incomplete information: Perfect Bayesian Nash equilibrium and re-
fine-ments, signalling games • Current developments in game theory
3 Learning objectives Students... ...acquire and consolidate methodical knowledge relating to modern game theory. ...discuss the latest developments in game theory.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager N.N.
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
42
Core Module Research Track II
Module code 1287BMRT02
Workload 179h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Macroeconomics II
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Complete markets and representative agents • Incomplete markets and heterogenous agents • Fiscal policy, public debt, and optimal taxation • Transaction frictions and monetary policy • Open economy macroeconomics • New Keynesian macroeconomics • Labor market frictions and Labor market fluctuations
3 Learning objectives Students... ...master core macroeconomic concepts for solving positive and normative problems
and acquire skill for innovative research ... deepen their knowledge of short- and medium-run macroeconomic developments
and of efficient conduct of policy measures …evaluate and discuss the impact of empirically relevant frictions in goods, financial
and labor markets … recognize possibilities to enhance social welfare in a general equilibrium framework
with incomplete markets ... Identify the optimal implementation of macroeconomic instruments under relevant
policy trade-offs ... question and assess societal developments, in particular, inequality and unemploy-
ment, and reflect current policy measures with regard to potential research projects
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
43
9 Module manager Univ.-Prof. Michael Krause, Ph.D. Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
44
Core Module Research Track IIi
Module code 1287BMRT03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Econometrics (Appli-
cations)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Evaluation of causal effects - Fixed effects and difference-in-difference estimators - Regression discontinuity designs - Robust standard errors and clustering - Structural estimation with experimental data
3 Learning objectives Students... ...implement estimation and test methods. ...discuss estimation and test methods. ...apply suitable econometric models and the relevant inference methods. ...conduct empirical studies in modern macro- and microeconometrics. ...present their approaches and results to other student.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the exam
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous This course presents econometric tools with which to analyse cross-sectional data, time
series and panel data at PhD level.
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45
Core Module Microeconomics I
Module code 1289BMMi01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Microeconomics I: Demand,
Supply, Equilibria
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Budget theory • Company theory • Competitive market theory • General equilibrium theory • Welfare economics
3 Learning objectives Students... ... are familiar with the fundamental definitions and concepts in microeconomics. ... identify how demand, supply and pricing work on perfect competition markets. ... solve microeconomic problems. ... analyse microeconomic models.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Basis- und Aufbaubereich Economics
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
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46
Core module Microeconomics II
Module code 1289BMMi02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Game Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Non-cooperative game theory • Games in normal form • Games in extensive form, with perfect and imperfect information • Finitely and infinitely repeated games • Cooperative game theory • Kern, Shapley value, negotiation solutions • Evolutionary game theory • Introduction • Social choice theory and voting • Condorcet’s paradox, Arrow’s theorem
3 Learning objectives Students... ...acquire basic knowledge of game theory. ...understand where game theory can be applied in political and social science. ...identify the links between game theory and experimental economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Basis- und Aufbaubereich Economics
9 Module manager Univ.-Prof. Dr. Bettina Rockenbach
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
47
10 Miscellaneous
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Core Module Macroeconomics I
Module code 1302BMMa01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Macroeconomics I (Master)
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Stylised facts concerning growth, cross-country differences in income and long-term
income convergence • Fundamental models of growth theory and dynamic macroeconomics: Solow-Model
and extensions (exogenous technological progress), Ramsey-Cass-Koopmans-Model
(Infinite-Horizon-Model with endogenous savings) and Diamond-Model (Overlapping-
Generations-Model with endogenous savings) • Fundamental models of endogenous technological progress (R&D model, learning-
by-doing model, human capital model) • Growth accounting and fundamental findings of empirical research on cross-country
income differences and the relevance of institutional frameworks • Introduction to Investment Theory (Baselind model of demand for investment and To-
bin’s-q) • Basic insights in public debt and fiscal policy from a dynamic perspective (debt
measures, ricardian equivalence, tax smoothing)
3 Learning objectives Students... ... know important stylized facts about long-term development central variables in dy-
namic macroeconomics and growth theory. ... gain an overview of and understand the key models of dynamic macroeconomics
and growth theory and analyse problems with the underlying essential theoretical con-
cepts. ... are introduced to the connected fundamental empirical approaches (e.g. regression
analysis and growth accounting) and assess to which extent the theoretical models are
capable to explain empirical facts and special cases concerning growth. ... discuss basic growth policy options resulting from theoretical and empirical insights. ... analyse and understand how public debt comes about and discuss and assess fiscal
policy measures on the basis of dynamic approaches. ... apply practical tasks (assignments) connected to the forementioned theoretical and
empirical approaches.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
49
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Basis- und Aufbaubereich Economics
9 Module manager N.N.
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
50
Core Module Macroeconomics II
Module code 1302BMMa02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Macroeconomics II
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Real Business Cycle (RBC) Model • Price rigidities: exogenous price rigidities, microfoundations of price rigidities • The basic Newkeynesian model for the analysis of the economy and economic policy • Unemployment: efficiency wages, employment contracts, search unemployment • Inflation and monetary policy: aims of monetary policy, optimum monetary policy, time
inconsistency • Current issues in economic policy
3 Learning objectives Students... ... understand the main macroeconomic models for price rigidity, unemployment and in-
flation. ... verify the models based on appropriate empirical data. ... derive recommendations for economic policy and evaluate their effects on the pro-
tagonists affected. ... assess the recommendations by scrutinising the prerequisites for them.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Macroeconomics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Basis- und Aufbaubereich Economics
9 Module manager Univ.-Prof. Michael Krause, Ph.D.
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51
10 Miscellaneous
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Core Module Econometrics II
Module code 1314BMEc02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Core Econometrics II
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content • Generalised moment method • Models for discrete and limited dependent variables • Univariate and multivariate time series models • Panel models
3 Learning objectives Students... ... acquire basic knowledge of econometric methods, understand scientific contributions
in the field of empirical economic research and conduct empirical studies on economic
issues independently. ... create econometric models and choose between alternative model specifications. ... can estimate parameters of linear and generalised regression models, models for dis-
crete and limited dependent variables and time series models, using suitable inference
methods, and conduct hypothesis tests. ... generate forecasts for economic variables.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
53
VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
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54
Specialisation Module Economic Engineering
Module code 1289SMEE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Economic Engineering
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Evaluation of the roles of theory and laboratory/field experiments in the development
of markets and incentive systems - Analysis of relevant behavioural phenomena and institutional details of particular im-
portance for specific designs - Discussion of practical applications of economic engineering in matching markets,
auctions and other markets
3 Learning objectives Students... ... apply their theoretical and empirical skills to real markets. ... identify problems in markets and develop and discuss possible solutions. ... deal with current economic challenges and present own research ideas.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
55
Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels
10 Miscellaneous
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56
Specialisation Module Auction Theory
Module code 1289SMAT00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Auction Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Auctions with “private values”: second-price auctions, first-price auctions, reservation
prices, revenue equivalence theorem, extensions - Mechanism design: revelation principle, optimal mechanisms, efficient mechanisms - Auctions with “interdependent values“: comparisons of auction proceeds , linkage
principle
3 Learning objectives Students... ... acquire a deeper understanding of the economic theory of auction design.
4 Teaching and learning methods lecture practice
5 Module entry requirements None
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
57
Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Prof. Dr. Peter Cramton
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
58
Specialisation Module Contract Theory
Module code 1289SMVe00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Vertragstheorie
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content - Principal/agent models - Mechanism design - Hold-up problem - Incomplete contracts
3 Learning objectives Students... ... recognise the concepts of information economics. ... describe and model situations with information asymmetries between several parties. ... analyse and discuss causal relationships in contract theory. ... apply methods for solving contract theory problems.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
59
Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Patrick W. Schmitz
10 Miscellaneous Compulsory reading will be announced each term.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
60
Specialisation Module Behavioral Economics
Module code 1289SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Behavioral Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content Using the concept of the homo economicus, the module presents behavioural theory
concepts that are based on findings from empirical and experimental research. The lec-
tures provide an introduction to bounded rationality theories, focusing on those theories’
criticism of the homo economicus concept.
3 Learning objectives Students... ... understand behavioural models and formal arguments. ... apply advanced microeconomic concepts. ... challenge arguments critically.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core modules in Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
61
Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
62
Specialisation Module Topics in Design and Behavior A
Module code 1289SMTD01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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63
Specialisation Module Topics in Design and Behavior B
Module code 1289SMTD02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior C
Module code 1289SMTD03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core modules Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior D
Module code 1289SMTD04
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
D
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with th methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation module Matching and Market Design: Theory and Practice
Module code 1289SMMD00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Matching and Market Design:
Theory and Practice
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • One-sided matching: House allocation and organ exchange • Two-sided matching: Entry-level labor markets • School choice and random assignment • Matching with contracts: Distributional constraints and internet-ad auctions • Large matching markets • Combinatorial assignment and course allocation
3 Learning objectives Students... ... define theoretical models of matching markets. ... use a mixture of theory, experiments, and empirics to analyze existing matching
mechanisms and, if necessary, design better ones
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
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Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research
9 Module manager Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous More detailed information is available here: http://www.matching.uni-koeln.de/de/lehre
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy A
Module code 1302SMFG01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Growth, Inequality and Struc-
tural Change
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content 100 years of technological progress have tenfold increased the per capita income of
OECD countries. In less than one hour, a worker with average productivity produces
the per capita consumption of one day in 1917. Will labor become obsolete in the fu-
ture? If so, is this a blessing or a curse? Does a competitively organized market econ-
omy pay increasingly abundant workers worse and worse? What happened and will
happen to labor’s share in national income? While technical progress raised average
wages, the labor earnings distribution became more and more unequal. Is technical
change inherently biased against some types of skills? Is there a race between technol-
ogy and education? If so, how to win? Biased technical progress changes the relation-
ship between capital and labor, between work and leisure, between skills, between edu-
cation levels, between agriculture, industry and services, between the market and the
state, between the economy and the environment, between regions and countries. This
course presents empirical facts about technical change, structural change and inequal-
ity. It grants an insight into modern growth theory and uses its tools to explain these
stylized facts and to speculate about the future. It studies causes and consequences of
technical change in particular for the affluent society. Topics include (not necessarily in
this order): • Reminder: Neoclassical Growth • The Rate and the Direction of Technical Change • Automation, Work and Leisure. • Sectorial Change (Deindustrialization, Services, Real Estate, Rise of the State) • Technical Change and Persistent Inequality • Labor and Capital: - When does capital accumulation reduce labor’s share? - When does technical change reduce labor’s share? • Labor and Real Estate: How productivity growth generates abundance and poverty • Skilled Labor, Unskilled Labor and the Skill Premium • Globalization and Institutions • Capital-Skill Complementarity • Biased Technical Change • The Affluent Society and its Economic Problems.
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
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69
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Macroeconomics or Core Macroeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy B
Module code 1302SMFG02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Macroeconomics of the Labor
Market
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content - Dynamic development of work and employment - Search behaviour of employees - Structural and frictional unemployment - cyclical fluctuations in employment and unemployment - Wage setting models - Theoretical motivation of unemployment insurance and dismissal protection - labour market policies
3 Learning objectives Students... ... describe the elementary empirical facts on the topics of the course. ... understand the relevant economic theoretical models on these topics. ... explain selected empirical facts with the help of these models. ... use the models to structure and answer current economic policy questions. ... understand selected scientific papers on the topics of the lecture.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Macroeconomics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China
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Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy C
Module code 1302SMFG03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Inequality b) Development Economics
Contact
hours a) 60h b) 45h
Self-Studies a) 120h b) 135h
Course Language a) English b) English
2 Module content The course will be composed of two parts. a) The focus of the first part will be on introducing some of the most important theoreti-
cal models of collective choice (basics of social choice, models of voting and electoral
competition, political agency, special interest politics, corruption, conflict). In the second
part of the course the models and tools developed in the first part will be used to dis-
cuss questions surrounding the topics inequality and redistribution.
b) The course deals with micro- and macroeconomic issues of development econom-
ics based on the results of theoretical and empirical research. The macroeconomic part
will deal with work on the topics of growth and development on an aggregated level as
well as growth factors such as institutions, education and technology. In the microeco-
nomic part, the main topics are health, education, risk and insurance, credit and sav-
ings, and political economy.
3 Learning objectives Students... ... a) apply the approach of new political economy and scrutinize the most important
theoretical models of collective choice and social choice. ... formalize and analyze questions of redistribution and inequality within these models. ... discuss and evaluate the outcomes of different institutional setting with the tools of
collective choice. ... b) ...understand the basic questions and analytical methods in the field of develop-
ment, poverty and inequality. ...discuss and evaluate empirical results and various methods of microeconometric pro-
gram evaluation. ...communicate and apply the appropriate methods for the economic analysis of de-
velopment issues.
4 Teaching and learning methods lecture practice
5 Module entry requirements a) none b) Recommended: Core Module Econometrics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
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8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous a) Lectures will mostly be based on research articles. Students will be provided with
problem sets, the solutions of which will be (briefly) discussed in class. b) The course
"Development Economics" contains an exercise that requires an increased degree of
self-study
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Specialisation module Topics in Growth, Labor and Inequality in the Global Economy
Module code 1302SMTG00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Determinants of Growth in
Economic History (DGEH) b) Growth, Energy, Climate
(GEC)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Depending on the chosen course: • Micro- and macroeconomics of economic development (Development Economics) • Topics concerning growth, energy and climate change
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
4 Teaching and learning methods lecture practice
5 Module entry requirements Core module Econometrics I or Core Module Econometrics (Research Track) (DGEH)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
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Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module: Seminar Markets and Institutions
Module code 1302SMSI00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar Markets and Institu-
tions
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content Current issues relating to microeconomic theory, empirical microeconomics, experi-
mental economics, markets and institutions in general.
3 Learning objectives Students... ...discuss the current issues in theory and applied practice, applying the microeconomic
knowledge they have acquired on the programme. ...read the theoretical and practical literature on the subject and discuss it in a critical
manner. ... summarise their findings in an essay, present them in class and discuss them with
the other participants. ...engage in academic discourse about specific markets and institutions.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Johannes Münster Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous
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Specialisation module Competition Policy
Module code 1289SMCP00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Competition Policy
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Institutional background: competition policy in Germany, the EU and the US • Market power: theory and measurement • Unilateral abuse of market power: horizontal and vertical restraints on competition • Multilateral abuse of market power: cartels and implicit agreements
3 Learning objectives Students... ... recognise, based on models of competition theory, how competitive markets work. ... discuss the causes of market power and its effects in terms of welfare economics. ... assess, evaluate and debate cases that illustrate competition policy in practice and
use competition theory to analyse them.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science International Management: Basis- und Aufbaubereich International Management
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78
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
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Specialisation Module Specific Markets A
Module code 1289SMSM01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Media Economics (Markets &
Institutions)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • The relevant actors on these markets, their objectives and constraints • The interaction between these actors • Market equilibrium, efficiency and frictions
3 Learning objectives Students... ... study methods of economics used for analyzing specific markets, such as, for exam-
ple, health markets or media markets. ... acquire a range of instruments to help them answer questions in connection with
these markets. ... understand basic characteristics of platform markets and markets with network ef-
fects. ... reproduce the relevant theories from Economics and Strategic Management theory. ... apply theory to current questions in platform markets on strategy and public policy.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. One course has to be chosen.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
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Specialisation Module Specific Markets B
Module code 1289SMSM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information problems in
healthcare markets (Master
Economics)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Relevant players on these markets, their objectives and factors of relevance to deci-
sion-making • Relationships between the players and implications for healthcare market design • Analysis of existing healthcare systems within and outside the European region
3 Learning objectives Students... ... understand economic methods that can be used for theoretical analysis of
healthcare markets. ... evaluate health policy measures independently.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
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Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
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Schwerpunktmodul Topics in Markets and Institutions A
Module code 1302SMTM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Markets and Institu-
tions A
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • What is regulation? Which industries are regulated and why? • Institutional background of selected industries (e.g. electricity, telecommunication) • Natural monopolies and “essential facilities” • Access to one-sided networks (electricity, fixed-line network, rail) • Access to two-sided networks (mobile telecommunication) • Consumer protection and regulation • Selected current issues in regulation
3 Learning objectives Students... ... describe why certain industries are regulated. ... analyse the possibilities and limitations of regulation. ... apply theoretical knowledge to real cases and industries.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous The courses will be held weekly during term or in the form of block tuition.
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Specialization Module Topics in Markets and Institutions B
Module code 1302SMTM03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Topics in Markets and Insti-
tutions B b) Empirical Industrial Organi-
zation (Research Track)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content • Empirical industrial economics • Empirical modelling, econometric methods and economic theory • Competition policy and regulation • Use of statistical and econometric software
3 Learning objectives Students... ... practise applying and assessing empirical methods used in the field of industrial eco-
nomics, based on fundamental and current research contributions (e.g. demand esti-
mation, structural estimation of production functions, models of market entry). ... thereby gain advanced knowledge of econometric methods, apply selected models
used in theoretical industrial economics and assess intervention through competition
policy and regulation.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core module Econometrics or Econometrics (Research Track),
core module Microeconomics I or Microeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
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9 Module manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous The "Empirical Industrial Organization (Research Track)" course consists of lectures
and integrated exercise units. In the latter, the students learn how to use statistical and
econometric software and practise applying empirical methods used in industrial eco-
nomics. Additional information will be provided at the beginning of the term in the rele-
vant online systems.
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Specialisation Module Topics in Markets and Institutions C
Module code 1302SMTM04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information and Strategy (WS
19/20)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • asymmetric information: its implications for markets and strategic interactions in
terms of efficiency, welfare and strategic choices • settings with monetary transfers (like bilateral trade) and without monetary transfers
(like informal advice or voting) • strategic communication and information transmission • information design and Bayesian persuasion
3 Learning objectives Students... ... understand and explain the effects and creation of asymmetric information using
game theoretic tools. ... Students analyze strategic situations that feature information asymmetries. ... Students explain and evaluate current developments in information economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations.
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Christoph Schottmüller
10 Miscellaneous More detailed information is available on the website of the chair.
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Specialisation Module Economics of Innovation
Module Code 1302SMEI00
Workload 180h
ECTS Cre-
dits 6
Module
Language English
Module
Availabi-
lity every 2nd
term - sum-
mer term
Duration 1 Term
1 Courses Economics of Innovation
Contact
Hours 60h
Self-Stu-
dies 120h
Course Language English
2 Module Content • Pivotal and current empirical research on selected topics in economics of innovation: - ideas and knowledge production, adoption and diffusion of technologies, mobility of in-
novators - competition in product markets, innovation and economic growth - intellectual property rights, science and basic research, design of incentive mechanisms
for innovators - bounded rational and rational decisions of innovators, firms and consumers in new mar-
kets • Methods of empirical modeling, econometric methods, economic theory and data
sources • Instruments of research policy, innovation policy and growth policy
3 Learning Objectives Students... ... analyse and assess advanced empirical approaches to identifying causal relationships
in the area of economics of innovation. ... use quantitative methods for the evaluation of research, innovation, or growth policy in-
terventions in innovation processes and markets. ... advance their knowledge of econometric methods and build on their knowledge of eco-
nomic theory. ... study the relevance of core characteristics of the relevant data and get to know im-
portant data sources. ... scrutinize current scientific literature ... are introduced to new research questions and guided to develop original research
ideas.
4 Teaching and Learning Methods lecture practice
5 Module Entry Requirements Recommended: Core Modules Econometrics I, Microeconomics, and Macroeconomics in
the M.Sc. Economics or the Core Modules Advanced Econometrics I, Advanced Microeco-
nomics I, and Advanced Macroeconomics I in the M.Sc. Economic Research
6 Mode of End-Of-Module Examination Written test: WT (60)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
88
7 Prerequisites for Awarding of Credit Points Passing the written test.
8 Other Programmes that Use the Module Master of Science Economics: Specialization Section Economics (since Wintersemester 2018/2019) Supplementary Section (since Wintersemester 2018/2019) Master of Science Economic Research: Supplementary Section Economic Research Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplementary Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Corporate Development: Supplementary Section Corporate Development Master of Arts Political Science: Supplementary Section Political Science
9 Module Manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous See the relevant online systems and www.ieam.uni-koeln.de for further information.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
89
Specialisation Module Topics in Macroeconomics and Public Economics
Module code 1302SMTM00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Advanced Taxation Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Optimal non-linear taxation: methods • Justification for optimal linear taxes from an information economics point of view • Optimal tax structure: direct versus indirect taxation • Optimal taxation of capital income • Current trends in the literature
3 Learning objectives Students... ...know how to describe an optimal taxation problem in formal terms., ...know how to use the mathematical methods to solve these models, ...describe the established conclusions of optimal tax theory, ...adopt, classify and assess the latest research findings.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: basic knowledge of public economics
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points A pass in the written test. Furthermore, students have to submit problem sets which
make up 25 % of the grade.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Specialisation Module Time Series Analysis
Module code 1314SMTS00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term - winter
term
Duration 1 Term
1 Courses Time Series Analysis
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Seasonality and trend • ARIMA models • Estimation and forecasting of ARIMA processes • Goodness of fit and model selection • Stationary tests • GARCH processes • Dynamic regression models • Cointegration and Granger causality • Co-integrated time series
3 Learning objectives Students... ... deepen their knowledge of statistical econometric methods for analysing time series
data. ... specify ARIMA processes as well as estimate and interpret ARIMA parameters. ... predict economic time series. ... model time-varying volatility. ... analyse the dynamic relation between multivariate time series with vector autoregres-
sive models, estimate the effects of economic shocks and interpret the results.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
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Specialisation Module Bayesian Econometrics
Module code 1314SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Bayesian Econometrics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basic Principles of Bayesian Econometrics • Bayesian Estimators and Numerical Integration • Importance Sampling and Markov-Chain-Monte-Carlo • Gaussian Linear Regression Model with Conjugate Priors • Gaussian Linear Regression Model with Non-Conjugate Priors • Linear Regression Model with General Error Covariance Matrix • Time Series Models • Models for disrcrete dependent variables • Students will practice the use of the methods using econometric software to analyse
economic data
3 Learning objectives Students... ... describe the main Bayesian inference concepts and methods for econometric mod-
els. ... implement Bayesian methods to analyse linear regression and time series models. ... implement modern Monte-Carlo integration methods (MCMC and importance sam-
pling) to analyse a posteriori distributions. ... use Bayesian approaches to compare models and to forecast and test parameter re-
strictions. ... operate Bayesian analyses independently.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Oral examination: OE (30)
7 Prerequisites for awarding of credit points Passing the oral examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
94
Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: • Bauwens, L., Lubrano, M., Richard, J.F. (1999), Bayesian Inference in
Dynamic Econometric Models, Oxford University Press, New York. • Geweke, J. (2005),
Contemporary Bayesian Econometrics and Statistics, John Wiley & Sons, Hoboken. •
Koop, G. (2003), Bayesian Econometrics, John Wiley & Sons, Chichester.• Koop,
G., Poirier, D.J., Tobias, J.L. (2007), Bayesian Econometric Methods, Cambridge Uni-
versity Press, Cambridge. • Lancaster, T. (2004), An Introduction to Modern Bayesian
Econometrics, Blackwell Publishing, Malden. • Robert, C.P., and G. Casella (2004),
Monte Carlo Statistical Methods, Springer-Verlag.
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Specialisation Module Statistical Analysis of Financial Data
Module code 1314SMSF00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term- summer
term
Duration 1 Term
1 Courses Statistical Analysis of Financial
Data
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Financial market time series and their properties • Linear time series models • Empirical analysis of the efficiency of securities markets and the predictability of re-
turns on securities • Empirical analysis of the capital asset pricing model • Empirical analysis of intertemporal asset pricing models • Volatility models • Market microstructure and high-frequency data • The students apply the methods they have learned in computer-aided exercises using
econometric software to analyse financial market data
3 Learning objectives Students... ... describe the stylised facts relating to financial market data. ... use financial market econometrics models. ... conduct empirical analysis and studies of financial market time series independently. ... understand and critically assess current academic contributions to empirical financial
market research. ... apply statistical econometric methods with which to forecast and model univariate
and multivariate financial market time series.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Econometrics and/or Specialisation Module Advanced
Statistics I and II.
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
96
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: - Campbell, J.Y., Lo, A.W. and A.C.MacKinlay (1997), The Econometrics
of Financial Markets, Princeton University Press, Princeton. - Gourieroux, C. and J.
Jasiak (2001), Financial Econometrics, Princeton University Press, Princeton. - Schmid,
F. and M. Trede (2005), Finanzmarktstatistik, Springer, Berlin. - Taylor, S. (1986), Mod-
elling Financial Time Series, John Wiley & Sons, Chichester. - Taylor, S. (2005), Asset
Price Dynamics, Volatility, and Prediction, Princeton University Press, Princeton. - Tsay,
R. (2010), Analysis of Financial Time Series, 3rd. ed., John Wiley & Sons, New York.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
97
Specialisation module Advanced Statistics (Stochastic Processes)
Module code 1314SMAS03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Statistics II (Stochas-
tic Processes)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • ANOVA • Interval estimation • Bootstrap • Non-parametric tests (Independence tests, rank tests) • Stochastic processes (Martingale, Markov strings)
3 Learning objectives Students... ... deepen their knowledge of probability theory and stochastic modelling. ... calculate and interpret probabilities and tests. ... model economic phenomena with the aid of random variables and stochastic pro-
cesses.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Economics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
98
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
99
Specialisation Module Advanced Statistics (Statistical Inference)
Module code 1314SMAS01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Statistics (Statistical
Inference)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Sampling • Theory of point and interval estimation and estimation methods • Theory of hypothesis testing and test procedures • Estimation and testing for stochastic processes
3 Learning objectives Students... ... deepen their knowledge of parameter estimation and testing of statistical hypotheses. ... outline the fundamentals of statistical data collection methods. ... conduct point and interval estimation and hypothesis testing. ... perform special parametric and non-parametric estimations and tests. ... perform statistical inference analysis of stochastic models.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Eco-nomics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
100
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
101
Specialisation Module Topics in Statistics A
Module code 1314SMTS01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
102
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
103
Specialisation Module Topics in Statistics B
Module code 1314SMTS02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
104
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
105
Specialisation Module Topics in Econometrics C
Module code 1314SMTE03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Econometrics C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special econometric and statistical methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
106
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
107
Specialisation Module Seminar Statistics and Econometrics
Module code 1314SMSS00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Seminar in Statistics and Econ-
ometrics
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content The seminar covers topics from areas such as: • Time series analysis • Microeconometrics • Macreconometrics • Panel econometrics • Financial market econometrics and statistics • Bayesian econometrics and statistics • Non-parametric methods • Analysis of stochastic processes • Statistical inference
3 Learning objectives Students... ... analyse specialist literature on the subject. ... critically assess contemporary statistical and econometric methods. ... apply contemporary statistical and econometric methods independently in practice to
analyse real data. ... write and present a paper in accordance with academic standards.
4 Teaching and learning methods seminar
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
108
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
109
Specialisation Module Seminar in Energy, Resource and Environmental Economics
Module code 1289SMSE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar in Energy, Resource
and Environmental Economics
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content Varying topics from the areas of: • Energy economics • Environmental economics • Resource economics • Climate change economics
3 Learning objectives Students... ... acquire the skills necessary for independent conceptual work in the fields of energy,
environ-mental, resource or climate change economics. ... independently analyse current issues in research and practice, using the economics
knowledge gained on the programme. ... critically examine the subject-specific, scientific and applied literature, summarise
their findings in a piece of written work, present the results in a seminar and discuss
them with the other seminar participants.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
110
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
111
Specialisation Module Energy Markets and Regulation (Master)
Module code 1289SMER02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Energy Markets and Regulation
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Economic and technical fundamentals of the energy sector - Energy markets - Functioning of the electricity market - Transmission grids - Regulation
3 Learning objectives Students... ...acquire the skills necessary for work in the media, parties, research institutes, banks
and other institutions where a good understanding of energy markets and regulation is
useful. ...prepare for more advanced research in these areas. ...use empirical facts and main institutions related to examine the subject matter dealt
with and ...assess them critically to determine their relevance. ...study the theoretical, empirical and applied literature on said subject matter. ...discuss and assess the subject matter dealt with, using the economic knowledge they
have gained on the programme.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
112
Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
113
Specialisation Module Energy, Resources, Environment and the Economy
Module code 1289SMER00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Energy, Resources, Environ-
ment, and the Economy
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Economic and technical principles of the energy industry - Energy markets - Resource economics - Environmental economics
3 Learning objectives Students... ...acquire the skills necessary for work in the media, parties, research institutes, banks
and other institutions where a good understanding of energy markets and regulation is
useful. ...prepare for more advanced research in these areas. ...use empirical facts and main institutions related to examine the subject matter dealt
with and ...assess them critically to determine their relevance. ...study the theoretical, empirical and applied literature on said subject matter. ...discuss and assess the subject matter dealt with, using the economic knowledge they
have gained on the programme.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module International Master of Environmental Sciences: Wiso-Module IMES Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
114
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
9 Module manager PD Dr. Dietmar Lindenberger
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
115
Specialisation Module Topics in Energy Markets and Regulation A
Module code 1289SMTE01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Energy Markets and
Regulation A
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Economic and technical fundamentals of the energy sector - Energy markets - Functioning of the electricity market - Transmission grids - Regulation
3 Learning objectives Students... ... acquire the skills necessary for work in the media, parties, research institutes, banks
and other institutions where a good understanding of energy markets and regulation is
useful. ... prepare for more advanced research in these areas. use empirical facts and main in-
stitutions related to examine the subject matter dealt with and assess them critically to
determine their relevance. ... study the theoretical, empirical and applied literature on said subject matter. ... discuss and assess the subject matter dealt with, using the economic knowledge they
have gained on the programme.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
116
Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
117
Specialisation Module Topics in Energy Markets and Regulation B
Module code 1289SMTE02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Energy Markets and
Regulation B
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content - Econometric models of energy economics - Energy markets - Regulation
3 Learning objectives Students... ... qualify themselves for independent conceptual work in the fields of Energy Markets
and Regulation. ... assess current scientific and applied issues independently, using the economic
knowledge they have gained on the programme. ... study the theoretical, empirical and applied literature on said subject matter. ... summarise their findings in a written paper,present their results and discuss them
with the other particpants.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Economic Research: Supplementary Section Economic Research
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
118
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
119
Schwerpunktmodul Topics in Energy, Resources, Environment and the Economy A
Module code 1289SMTE03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Model UNFCCC – Climate
Change Strategy Role Play
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Economic and technical fundamentals of the energy sector - Economics of climate change - Resource economics - Environmental economics
3 Learning objectives Students... ...acquire the skills necessary for work in the media, parties, research institutes, banks
and other institutions where a good understanding of energy markets and regulation is
useful. ...prepare themselves for more advanced research in these areas. ...use empirical facts and main institutions related to examine the subject matter dealt
with and ...assess them critically to determine their relevance. ...study the theoretical, empirical and applied literature on said subject matter. ...discuss and assess the subject matter dealt with, using the economic knowledge they
have gained on the programme.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the exam.
8 Other programmes that use the module International Master of Environmental Sciences: Wiso-Module IMES Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
120
Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Marc Oliver Bettzüge
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
121
Specialisation Module Topics in Energy, Resources, Environment and the Economy B
Module code 1289SMTE04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Energy, Resources,
Environment, and the Economy
B
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content - Economic and technical fundamentals of the energy sector - Energy markets - Resource economics - Environmental economics
3 Learning objectives Students... ... qualify for independent conceptual work in the fields of Energy Markets and Regula-
tion ... assess current scientific and applied issues independently, using the economic
knowledge they have gained on the programme. ... study the theoretical, empirical and applied literature on said subject matter. ... summarise their findings in a written paper, present their results in a seminar and dis-
cuss them with the other particpants.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module International Master of Environmental Sciences: Wiso-Module IMES Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
122
Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Economic Research: Supplementary Section Economic Research
9 Module manager PD Dr. Dietmar Lindenberger
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
123
Specialisation module Seminar in Growth, Labor and Inequality in the Global Economy
Module code 1302SMSG00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every term
Duration 1 Term
1 Courses Seminar in Growth, Labor and
Inequality in the Global Econ-
omy
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content The content is based on key or current issues and methods used in academic work.
3 Learning objectives Students... ... independently investigate current issues in research and applied practice in the area
of growth, labour and inequality and ... apply the theoretical and empirical skills they have acquired on the programme when
conduct-ing their investigation. ... critically study the theoretical and practical literature on the subjects. ... summarise their findings in a written paper, present their results and discuss them
with the other seminar participants.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
124
Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy A
Module code 1302SMFG01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Growth, Inequality and Struc-
tural Change
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content 100 years of technological progress have tenfold increased the per capita income of
OECD countries. In less than one hour, a worker with average productivity produces
the per capita consumption of one day in 1917. Will labor become obsolete in the fu-
ture? If so, is this a blessing or a curse? Does a competitively organized market econ-
omy pay increasingly abundant workers worse and worse? What happened and will
happen to labor’s share in national income? While technical progress raised average
wages, the labor earnings distribution became more and more unequal. Is technical
change inherently biased against some types of skills? Is there a race between technol-
ogy and education? If so, how to win? Biased technical progress changes the relation-
ship between capital and labor, between work and leisure, between skills, between edu-
cation levels, between agriculture, industry and services, between the market and the
state, between the economy and the environment, between regions and countries. This
course presents empirical facts about technical change, structural change and inequal-
ity. It grants an insight into modern growth theory and uses its tools to explain these
stylized facts and to speculate about the future. It studies causes and consequences of
technical change in particular for the affluent society. Topics include (not necessarily in
this order): • Reminder: Neoclassical Growth • The Rate and the Direction of Technical Change • Automation, Work and Leisure. • Sectorial Change (Deindustrialization, Services, Real Estate, Rise of the State) • Technical Change and Persistent Inequality • Labor and Capital: - When does capital accumulation reduce labor’s share? - When does technical change reduce labor’s share? • Labor and Real Estate: How productivity growth generates abundance and poverty • Skilled Labor, Unskilled Labor and the Skill Premium • Globalization and Institutions • Capital-Skill Complementarity • Biased Technical Change • The Affluent Society and its Economic Problems.
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
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4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Macroeconomics or Core Macroeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy B
Module code 1302SMFG02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Macroeconomics of the Labor
Market
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content - Dynamic development of work and employment - Search behaviour of employees - Structural and frictional unemployment - cyclical fluctuations in employment and unemployment - Wage setting models - Theoretical motivation of unemployment insurance and dismissal protection - labour market policies
3 Learning objectives Students... ... describe the elementary empirical facts on the topics of the course. ... understand the relevant economic theoretical models on these topics. ... explain selected empirical facts with the help of these models. ... use the models to structure and answer current economic policy questions. ... understand selected scientific papers on the topics of the lecture.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Macroeconomics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China
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Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy C
Module code 1302SMFG03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Inequality b) Development Economics
Contact
hours a) 60h b) 45h
Self-Studies a) 120h b) 135h
Course Language a) English b) English
2 Module content The course will be composed of two parts. a) The focus of the first part will be on introducing some of the most important theoreti-
cal models of collective choice (basics of social choice, models of voting and electoral
competition, political agency, special interest politics, corruption, conflict). In the second
part of the course the models and tools developed in the first part will be used to dis-
cuss questions surrounding the topics inequality and redistribution.
b) The course deals with micro- and macroeconomic issues of development econom-
ics based on the results of theoretical and empirical research. The macroeconomic part
will deal with work on the topics of growth and development on an aggregated level as
well as growth factors such as institutions, education and technology. In the microeco-
nomic part, the main topics are health, education, risk and insurance, credit and sav-
ings, and political economy.
3 Learning objectives Students... ... a) apply the approach of new political economy and scrutinize the most important
theoretical models of collective choice and social choice. ... formalize and analyze questions of redistribution and inequality within these models. ... discuss and evaluate the outcomes of different institutional setting with the tools of
collective choice. ... b) ...understand the basic questions and analytical methods in the field of develop-
ment, poverty and inequality. ...discuss and evaluate empirical results and various methods of microeconometric pro-
gram evaluation. ...communicate and apply the appropriate methods for the economic analysis of de-
velopment issues.
4 Teaching and learning methods lecture practice
5 Module entry requirements a) none b) Recommended: Core Module Econometrics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
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8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous a) Lectures will mostly be based on research articles. Students will be provided with
problem sets, the solutions of which will be (briefly) discussed in class. b) The course
"Development Economics" contains an exercise that requires an increased degree of
self-study
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Specialisation module Topics in Growth, Labor and Inequality in the Global Economy
Module code 1302SMTG00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Determinants of Growth in
Economic History (DGEH) b) Growth, Energy, Climate
(GEC)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Depending on the chosen course: • Micro- and macroeconomics of economic development (Development Economics) • Topics concerning growth, energy and climate change
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
4 Teaching and learning methods lecture practice
5 Module entry requirements Core module Econometrics I or Core Module Econometrics (Research Track) (DGEH)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
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Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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Specialisation module: Seminar Markets and Institutions
Module code 1302SMSI00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar Markets and Institu-
tions
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content Current issues relating to microeconomic theory, empirical microeconomics, experi-
mental economics, markets and institutions in general.
3 Learning objectives Students... ...discuss the current issues in theory and applied practice, applying the microeconomic
knowledge they have acquired on the programme. ...read the theoretical and practical literature on the subject and discuss it in a critical
manner. ... summarise their findings in an essay, present them in class and discuss them with
the other participants. ...engage in academic discourse about specific markets and institutions.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Johannes Münster Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous
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Specialisation module Competition Policy
Module code 1289SMCP00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Competition Policy
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Institutional background: competition policy in Germany, the EU and the US • Market power: theory and measurement • Unilateral abuse of market power: horizontal and vertical restraints on competition • Multilateral abuse of market power: cartels and implicit agreements
3 Learning objectives Students... ... recognise, based on models of competition theory, how competitive markets work. ... discuss the causes of market power and its effects in terms of welfare economics. ... assess, evaluate and debate cases that illustrate competition policy in practice and
use competition theory to analyse them.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science International Management: Basis- und Aufbaubereich International Management
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Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
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Specialisation Module Specific Markets A
Module code 1289SMSM01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Media Economics (Markets &
Institutions)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • The relevant actors on these markets, their objectives and constraints • The interaction between these actors • Market equilibrium, efficiency and frictions
3 Learning objectives Students... ... study methods of economics used for analyzing specific markets, such as, for exam-
ple, health markets or media markets. ... acquire a range of instruments to help them answer questions in connection with
these markets. ... understand basic characteristics of platform markets and markets with network ef-
fects. ... reproduce the relevant theories from Economics and Strategic Management theory. ... apply theory to current questions in platform markets on strategy and public policy.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. One course has to be chosen.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
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Specialisation Module Specific Markets B
Module code 1289SMSM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information problems in
healthcare markets (Master
Economics)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Relevant players on these markets, their objectives and factors of relevance to deci-
sion-making • Relationships between the players and implications for healthcare market design • Analysis of existing healthcare systems within and outside the European region
3 Learning objectives Students... ... understand economic methods that can be used for theoretical analysis of
healthcare markets. ... evaluate health policy measures independently.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
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Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
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Schwerpunktmodul Topics in Markets and Institutions A
Module code 1302SMTM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Markets and Institu-
tions A
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • What is regulation? Which industries are regulated and why? • Institutional background of selected industries (e.g. electricity, telecommunication) • Natural monopolies and “essential facilities” • Access to one-sided networks (electricity, fixed-line network, rail) • Access to two-sided networks (mobile telecommunication) • Consumer protection and regulation • Selected current issues in regulation
3 Learning objectives Students... ... describe why certain industries are regulated. ... analyse the possibilities and limitations of regulation. ... apply theoretical knowledge to real cases and industries.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous The courses will be held weekly during term or in the form of block tuition.
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Specialization Module Topics in Markets and Institutions B
Module code 1302SMTM03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Topics in Markets and Insti-
tutions B b) Empirical Industrial Organi-
zation (Research Track)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content • Empirical industrial economics • Empirical modelling, econometric methods and economic theory • Competition policy and regulation • Use of statistical and econometric software
3 Learning objectives Students... ... practise applying and assessing empirical methods used in the field of industrial eco-
nomics, based on fundamental and current research contributions (e.g. demand esti-
mation, structural estimation of production functions, models of market entry). ... thereby gain advanced knowledge of econometric methods, apply selected models
used in theoretical industrial economics and assess intervention through competition
policy and regulation.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core module Econometrics or Econometrics (Research Track),
core module Microeconomics I or Microeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
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9 Module manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous The "Empirical Industrial Organization (Research Track)" course consists of lectures
and integrated exercise units. In the latter, the students learn how to use statistical and
econometric software and practise applying empirical methods used in industrial eco-
nomics. Additional information will be provided at the beginning of the term in the rele-
vant online systems.
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Specialisation Module Topics in Markets and Institutions C
Module code 1302SMTM04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information and Strategy (WS
19/20)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • asymmetric information: its implications for markets and strategic interactions in
terms of efficiency, welfare and strategic choices • settings with monetary transfers (like bilateral trade) and without monetary transfers
(like informal advice or voting) • strategic communication and information transmission • information design and Bayesian persuasion
3 Learning objectives Students... ... understand and explain the effects and creation of asymmetric information using
game theoretic tools. ... Students analyze strategic situations that feature information asymmetries. ... Students explain and evaluate current developments in information economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations.
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Christoph Schottmüller
10 Miscellaneous More detailed information is available on the website of the chair.
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Specialisation Module Economics of Innovation
Module Code 1302SMEI00
Workload 180h
ECTS Cre-
dits 6
Module
Language English
Module
Availabi-
lity every 2nd
term - sum-
mer term
Duration 1 Term
1 Courses Economics of Innovation
Contact
Hours 60h
Self-Stu-
dies 120h
Course Language English
2 Module Content • Pivotal and current empirical research on selected topics in economics of innovation: - ideas and knowledge production, adoption and diffusion of technologies, mobility of in-
novators - competition in product markets, innovation and economic growth - intellectual property rights, science and basic research, design of incentive mechanisms
for innovators - bounded rational and rational decisions of innovators, firms and consumers in new mar-
kets • Methods of empirical modeling, econometric methods, economic theory and data
sources • Instruments of research policy, innovation policy and growth policy
3 Learning Objectives Students... ... analyse and assess advanced empirical approaches to identifying causal relationships
in the area of economics of innovation. ... use quantitative methods for the evaluation of research, innovation, or growth policy in-
terventions in innovation processes and markets. ... advance their knowledge of econometric methods and build on their knowledge of eco-
nomic theory. ... study the relevance of core characteristics of the relevant data and get to know im-
portant data sources. ... scrutinize current scientific literature ... are introduced to new research questions and guided to develop original research
ideas.
4 Teaching and Learning Methods lecture practice
5 Module Entry Requirements Recommended: Core Modules Econometrics I, Microeconomics, and Macroeconomics in
the M.Sc. Economics or the Core Modules Advanced Econometrics I, Advanced Microeco-
nomics I, and Advanced Macroeconomics I in the M.Sc. Economic Research
6 Mode of End-Of-Module Examination Written test: WT (60)
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144
7 Prerequisites for Awarding of Credit Points Passing the written test.
8 Other Programmes that Use the Module Master of Science Economics: Specialization Section Economics (since Wintersemester 2018/2019) Supplementary Section (since Wintersemester 2018/2019) Master of Science Economic Research: Supplementary Section Economic Research Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplementary Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Corporate Development: Supplementary Section Corporate Development Master of Arts Political Science: Supplementary Section Political Science
9 Module Manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous See the relevant online systems and www.ieam.uni-koeln.de for further information.
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Specialisation module Matching and Market Design: Theory and Practice
Module code 1289SMMD00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Matching and Market Design:
Theory and Practice
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • One-sided matching: House allocation and organ exchange • Two-sided matching: Entry-level labor markets • School choice and random assignment • Matching with contracts: Distributional constraints and internet-ad auctions • Large matching markets • Combinatorial assignment and course allocation
3 Learning objectives Students... ... define theoretical models of matching markets. ... use a mixture of theory, experiments, and empirics to analyze existing matching
mechanisms and, if necessary, design better ones
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
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Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research
9 Module manager Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous More detailed information is available here: http://www.matching.uni-koeln.de/de/lehre
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147
Specialisation module Seminar in Macroeconomics, Money and Financial Markets
Module code 1302SMSF00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar in Macroeconomics,
Money and Financial Markets
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content The content is based on fundamental or current issues and covers academic work
methods.
3 Learning objectives Students... ...acquire the skills needed for jobs requiring independent conceptual work in the field of
"Macro-economics, Money and Financial Markets". ...independently investigate current issues in research and applied practice in macroe-
conomics, money and financial markets ...apply the theoretical and empirical skills they have acquired on the programme while
doing so. ...critically study the theoretical and practical literature on the subjects. ...summarise their findings in a written paper, present their results and discuss them
with the other seminar participants. ...engage in academic discourse.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
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Specialisation module Foundations in Macroeconomics, Money and Financial Markets A
Module code 1302SMFM04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Money and Financial Markets
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Central banks and money supply • Monetary policy instruments • Money demand concepts • Monetary transmission • Financial intermediation and banks • Financial market imperfections • Regulation of financial markets and banks
3 Learning objectives Students... ... learn about fundamental theoretical concepts in monetary policy and financial mar-
kets at a level that reflects practice. ... apply basic model analysis and policy assessment methods. ... understand key aspects of financial intermediation and how they are regulated as
well as how they are linked to macroeconomic issues.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
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Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
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150
Specialisation module Foundations in Macroeconomics, Money and Financial Markets B
Module code 1302SMFM05
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses International Macroeconomics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Institutional background knowledge • Monetary model of exchange rate determination • Lucas model • International real business cycles • Currency market efficiency • Mundell-Fleming model • New international macroeconomics • Balance of payments crises
3 Learning objectives Students... ... outline fundamental theoretical concepts in international macroeconomics at the ap-
plied level. ... apply fundamental methods used in empirical models and policy assessment. ... understand how exchange rates are determined, how economic shocks are transmit-
ted, under-stand monetary policy in open economies and balance of payments difficul-
ties. ... understand the structure of fundamental economic and empirical knowledge in the
field of "In-ternational Macroeconomics".
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
151
Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
152
Specialisation module Foundations in Macroeconomics, Money and Financial Markets C
Module code 1302SMFM06
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Public Debt
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basic methods: OLG model • Theory of public debt (closed and open economy) • Ricardian equivalence • Theory of provions for old age • Optimal public debt under distortionary taxation
3 Learning objectives Students... ... analyse elementary empirical facts concerning public debt. ... perform analytical assessments of the allocative effects of public debt. ... perform analytical assessments of the welfare effects of public debt. ... analyse the impact of state debt under altruism. ... analyse the similarities in the way in which public debt and pay-as-you go retirement
pensions work.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
153
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
154
Specialisation module Topics in Macroeconomics, Money and Financial Markets
Module code 1302SMTM01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Financial Intermediation Theory
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • recent and advanced topics in the field of Macroeconomics, Money and Financial
Markets
3 Learning objectives Students... ... outline the elementary empirical facts in the area of financial markets and monetary
policy. understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking
into account the empirical facts.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Andreas Schabert
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
155
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
156
Specialisation Module Seminar in Macroeconomics and Public Economics
Module code 1302SMSP00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every term
Duration 1 Term
1 Courses Seminar in Macroeconomics
and Public Economics
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Theory of optimal taxes, particularly optimal income tax rate design and optimal mix
of direct and indirect taxes. • Addition of dynamic aspects to these models to facilitate analysis of questions re-
garding optimum design of public debt and design of social insurance systems • Political economics of tax and transfer systems on the one hand and publicly pro-
vided goods on the other • Empirical examination of the effects of tax and transfer systems • Theory of public goods and theory of externalities • Fiscal federalism, soft budget constraints and tax competition
3 Learning objectives Students... ... independently investigate current issues in research and applied practice in the area
of macro-economics and public economics ... apply the theoretical and empirical skills they have acquired on the programme when
conducting their investigation. ... critically study the theoretical and practical literature on the subjects. ... summarise their findings in a written paper, present their results and discuss them
with the other seminar participants. ... engage in academic discourse.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Economics: Schwerpunktbereich Economics Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
157
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
158
Specialisation Module Foundations in Macroeconomics and Public Economics A
Module code 1302SMFM01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Tax Policy
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Optimal taxation of income and products • Optimal tax structure: direct versus indirect taxation • Optimal tax policy, public goods and eco-taxes • New dynamic public finance • Political economics of tax policy • Tax competition
3 Learning objectives Students... ... are aware of current research findings in the theory of taxation and its implications
for current tax policy issues. ... apply the information economics principles of modern tax theory. ... read specialist journals critically.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
159
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
160
Specialisation Module Topics in Macroeconomics and Public Economics
Module code 1302SMTM00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Advanced Taxation Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Optimal non-linear taxation: methods • Justification for optimal linear taxes from an information economics point of view • Optimal tax structure: direct versus indirect taxation • Optimal taxation of capital income • Current trends in the literature
3 Learning objectives Students... ...know how to describe an optimal taxation problem in formal terms., ...know how to use the mathematical methods to solve these models, ...describe the established conclusions of optimal tax theory, ...adopt, classify and assess the latest research findings.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: basic knowledge of public economics
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points A pass in the written test. Furthermore, students have to submit problem sets which
make up 25 % of the grade.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
161
Specialisation Module Economics of Innovation
Module Code 1302SMEI00
Workload 180h
ECTS Cre-
dits 6
Module
Language English
Module
Availabi-
lity every 2nd
term - sum-
mer term
Duration 1 Term
1 Courses Economics of Innovation
Contact
Hours 60h
Self-Stu-
dies 120h
Course Language English
2 Module Content • Pivotal and current empirical research on selected topics in economics of innovation: - ideas and knowledge production, adoption and diffusion of technologies, mobility of in-
novators - competition in product markets, innovation and economic growth - intellectual property rights, science and basic research, design of incentive mechanisms
for innovators - bounded rational and rational decisions of innovators, firms and consumers in new mar-
kets • Methods of empirical modeling, econometric methods, economic theory and data
sources • Instruments of research policy, innovation policy and growth policy
3 Learning Objectives Students... ... analyse and assess advanced empirical approaches to identifying causal relationships
in the area of economics of innovation. ... use quantitative methods for the evaluation of research, innovation, or growth policy in-
terventions in innovation processes and markets. ... advance their knowledge of econometric methods and build on their knowledge of eco-
nomic theory. ... study the relevance of core characteristics of the relevant data and get to know im-
portant data sources. ... scrutinize current scientific literature ... are introduced to new research questions and guided to develop original research
ideas.
4 Teaching and Learning Methods lecture practice
5 Module Entry Requirements Recommended: Core Modules Econometrics I, Microeconomics, and Macroeconomics in
the M.Sc. Economics or the Core Modules Advanced Econometrics I, Advanced Microeco-
nomics I, and Advanced Macroeconomics I in the M.Sc. Economic Research
6 Mode of End-Of-Module Examination Written test: WT (60)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
162
7 Prerequisites for Awarding of Credit Points Passing the written test.
8 Other Programmes that Use the Module Master of Science Economics: Specialization Section Economics (since Wintersemester 2018/2019) Supplementary Section (since Wintersemester 2018/2019) Master of Science Economic Research: Supplementary Section Economic Research Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplementary Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Corporate Development: Supplementary Section Corporate Development Master of Arts Political Science: Supplementary Section Political Science
9 Module Manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous See the relevant online systems and www.ieam.uni-koeln.de for further information.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
163
Specialization Module Seminar in Macroeconomics and Public Policy
Module code 1302SMPP01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods seminar
5 Module entry requirements
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
164
Specialization Module Foundations in Macroeconomics and Public Policy A
Module code 1302FMPP01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods lecture practice
5 Module entry requirements
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
165
Specialization Module Foundations in Macroeconomics and Public Policy B
Module code 1302FMPP02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods lecture practice
5 Module entry requirements
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
166
Specialization Module Foundations in Macroeconomics and Public Policy C
Module code 1302FMPP03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods lecture practice
5 Module entry requirements
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
167
Specialization Module Topics in Macroeconomics and Public Policy
Module code 1302TMPP01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods lecture practice
5 Module entry requirements
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
168
Specialisation Module Time Series Analysis
Module code 1314SMTS00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term - winter
term
Duration 1 Term
1 Courses Time Series Analysis
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Seasonality and trend • ARIMA models • Estimation and forecasting of ARIMA processes • Goodness of fit and model selection • Stationary tests • GARCH processes • Dynamic regression models • Cointegration and Granger causality • Co-integrated time series
3 Learning objectives Students... ... deepen their knowledge of statistical econometric methods for analysing time series
data. ... specify ARIMA processes as well as estimate and interpret ARIMA parameters. ... predict economic time series. ... model time-varying volatility. ... analyse the dynamic relation between multivariate time series with vector autoregres-
sive models, estimate the effects of economic shocks and interpret the results.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
169
Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
170
Specialisation Module Bayesian Econometrics
Module code 1314SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Bayesian Econometrics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basic Principles of Bayesian Econometrics • Bayesian Estimators and Numerical Integration • Importance Sampling and Markov-Chain-Monte-Carlo • Gaussian Linear Regression Model with Conjugate Priors • Gaussian Linear Regression Model with Non-Conjugate Priors • Linear Regression Model with General Error Covariance Matrix • Time Series Models • Models for disrcrete dependent variables • Students will practice the use of the methods using econometric software to analyse
economic data
3 Learning objectives Students... ... describe the main Bayesian inference concepts and methods for econometric mod-
els. ... implement Bayesian methods to analyse linear regression and time series models. ... implement modern Monte-Carlo integration methods (MCMC and importance sam-
pling) to analyse a posteriori distributions. ... use Bayesian approaches to compare models and to forecast and test parameter re-
strictions. ... operate Bayesian analyses independently.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Oral examination: OE (30)
7 Prerequisites for awarding of credit points Passing the oral examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
171
Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: • Bauwens, L., Lubrano, M., Richard, J.F. (1999), Bayesian Inference in
Dynamic Econometric Models, Oxford University Press, New York. • Geweke, J. (2005),
Contemporary Bayesian Econometrics and Statistics, John Wiley & Sons, Hoboken. •
Koop, G. (2003), Bayesian Econometrics, John Wiley & Sons, Chichester.• Koop,
G., Poirier, D.J., Tobias, J.L. (2007), Bayesian Econometric Methods, Cambridge Uni-
versity Press, Cambridge. • Lancaster, T. (2004), An Introduction to Modern Bayesian
Econometrics, Blackwell Publishing, Malden. • Robert, C.P., and G. Casella (2004),
Monte Carlo Statistical Methods, Springer-Verlag.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
172
Specialisation Module Statistical Analysis of Financial Data
Module code 1314SMSF00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term- summer
term
Duration 1 Term
1 Courses Statistical Analysis of Financial
Data
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Financial market time series and their properties • Linear time series models • Empirical analysis of the efficiency of securities markets and the predictability of re-
turns on securities • Empirical analysis of the capital asset pricing model • Empirical analysis of intertemporal asset pricing models • Volatility models • Market microstructure and high-frequency data • The students apply the methods they have learned in computer-aided exercises using
econometric software to analyse financial market data
3 Learning objectives Students... ... describe the stylised facts relating to financial market data. ... use financial market econometrics models. ... conduct empirical analysis and studies of financial market time series independently. ... understand and critically assess current academic contributions to empirical financial
market research. ... apply statistical econometric methods with which to forecast and model univariate
and multivariate financial market time series.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Econometrics and/or Specialisation Module Advanced
Statistics I and II.
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
173
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: - Campbell, J.Y., Lo, A.W. and A.C.MacKinlay (1997), The Econometrics
of Financial Markets, Princeton University Press, Princeton. - Gourieroux, C. and J.
Jasiak (2001), Financial Econometrics, Princeton University Press, Princeton. - Schmid,
F. and M. Trede (2005), Finanzmarktstatistik, Springer, Berlin. - Taylor, S. (1986), Mod-
elling Financial Time Series, John Wiley & Sons, Chichester. - Taylor, S. (2005), Asset
Price Dynamics, Volatility, and Prediction, Princeton University Press, Princeton. - Tsay,
R. (2010), Analysis of Financial Time Series, 3rd. ed., John Wiley & Sons, New York.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
174
Specialisation module Advanced Statistics (Stochastic Processes)
Module code 1314SMAS03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Statistics II (Stochas-
tic Processes)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • ANOVA • Interval estimation • Bootstrap • Non-parametric tests (Independence tests, rank tests) • Stochastic processes (Martingale, Markov strings)
3 Learning objectives Students... ... deepen their knowledge of probability theory and stochastic modelling. ... calculate and interpret probabilities and tests. ... model economic phenomena with the aid of random variables and stochastic pro-
cesses.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Economics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
175
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
176
Specialisation Module Advanced Statistics (Statistical Inference)
Module code 1314SMAS01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Statistics (Statistical
Inference)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Sampling • Theory of point and interval estimation and estimation methods • Theory of hypothesis testing and test procedures • Estimation and testing for stochastic processes
3 Learning objectives Students... ... deepen their knowledge of parameter estimation and testing of statistical hypotheses. ... outline the fundamentals of statistical data collection methods. ... conduct point and interval estimation and hypothesis testing. ... perform special parametric and non-parametric estimations and tests. ... perform statistical inference analysis of stochastic models.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Eco-nomics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
177
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
178
Specialisation Module Topics in Statistics A
Module code 1314SMTS01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
179
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
180
Specialisation Module Topics in Statistics B
Module code 1314SMTS02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
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Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
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Specialisation Module Topics in Econometrics C
Module code 1314SMTE03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Econometrics C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special econometric and statistical methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
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Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
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Specialisation Module Seminar Statistics and Econometrics
Module code 1314SMSS00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Seminar in Statistics and Econ-
ometrics
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content The seminar covers topics from areas such as: • Time series analysis • Microeconometrics • Macreconometrics • Panel econometrics • Financial market econometrics and statistics • Bayesian econometrics and statistics • Non-parametric methods • Analysis of stochastic processes • Statistical inference
3 Learning objectives Students... ... analyse specialist literature on the subject. ... critically assess contemporary statistical and econometric methods. ... apply contemporary statistical and econometric methods independently in practice to
analyse real data. ... write and present a paper in accordance with academic standards.
4 Teaching and learning methods seminar
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
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Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
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Specialisation Module Multivariate Statistics
Module code 1314SMMS00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Multivariate Statistics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Analysis of Variance • Eigenvalues • Principal Component Analysis • Factor Analysis • Canonical Correlation Analysis • Discriminant Analysis • Cluster Analysis • Multidimensional Scaling • Correspondence Analysis
3 Learning objectives Students... ...deepen their knowledge of various multivariate techniques. ...apply multivariate techniques in empirical economic research. …understand and critically assess current contributions to research in multivariate sta-
tistics.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Oral examination: OE (30)
7 Prerequisites for awarding of credit points Passing the oral examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019)
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Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Bastian Gribisch Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
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Specialisation Module Seminar Design and Behavior
Module code 1289SMSD00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar Design and Behavior
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content Current issues in design, behavioural and experimental economics
3 Learning objectives Students... ...independently investigate current issues in research and applied practice in design
and behavioural economics, applying the microeconomic knowledge they have ac-
quired on the programme. ...critically study the theoretical and practical literature on the subjects. ...summarise their findings in a written paper, present their results and discuss them
with the other seminar participants.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Economic Engineering
Module code 1289SMEE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Economic Engineering
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Evaluation of the roles of theory and laboratory/field experiments in the development
of markets and incentive systems - Analysis of relevant behavioural phenomena and institutional details of particular im-
portance for specific designs - Discussion of practical applications of economic engineering in matching markets,
auctions and other markets
3 Learning objectives Students... ... apply their theoretical and empirical skills to real markets. ... identify problems in markets and develop and discuss possible solutions. ... deal with current economic challenges and present own research ideas.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
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Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels
10 Miscellaneous
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Specialisation Module Auction Theory
Module code 1289SMAT00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Auction Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Auctions with “private values”: second-price auctions, first-price auctions, reservation
prices, revenue equivalence theorem, extensions - Mechanism design: revelation principle, optimal mechanisms, efficient mechanisms - Auctions with “interdependent values“: comparisons of auction proceeds , linkage
principle
3 Learning objectives Students... ... acquire a deeper understanding of the economic theory of auction design.
4 Teaching and learning methods lecture practice
5 Module entry requirements None
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management:
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Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Prof. Dr. Peter Cramton
10 Miscellaneous
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Specialisation Module Contract Theory
Module code 1289SMVe00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Vertragstheorie
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content - Principal/agent models - Mechanism design - Hold-up problem - Incomplete contracts
3 Learning objectives Students... ... recognise the concepts of information economics. ... describe and model situations with information asymmetries between several parties. ... analyse and discuss causal relationships in contract theory. ... apply methods for solving contract theory problems.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
194
Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Patrick W. Schmitz
10 Miscellaneous Compulsory reading will be announced each term.
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Specialisation Module Behavioral Economics
Module code 1289SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Behavioral Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content Using the concept of the homo economicus, the module presents behavioural theory
concepts that are based on findings from empirical and experimental research. The lec-
tures provide an introduction to bounded rationality theories, focusing on those theories’
criticism of the homo economicus concept.
3 Learning objectives Students... ... understand behavioural models and formal arguments. ... apply advanced microeconomic concepts. ... challenge arguments critically.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core modules in Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
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196
Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous
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Specialisation Module Topics in Design and Behavior A
Module code 1289SMTD01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior B
Module code 1289SMTD02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior C
Module code 1289SMTD03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core modules Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior D
Module code 1289SMTD04
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
D
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with th methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation module Matching and Market Design: Theory and Practice
Module code 1289SMMD00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Matching and Market Design:
Theory and Practice
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • One-sided matching: House allocation and organ exchange • Two-sided matching: Entry-level labor markets • School choice and random assignment • Matching with contracts: Distributional constraints and internet-ad auctions • Large matching markets • Combinatorial assignment and course allocation
3 Learning objectives Students... ... define theoretical models of matching markets. ... use a mixture of theory, experiments, and empirics to analyze existing matching
mechanisms and, if necessary, design better ones
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
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Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research
9 Module manager Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous More detailed information is available here: http://www.matching.uni-koeln.de/de/lehre
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Studies Abroad in Economics (Master)
Module code 1014SAEc00
Workload 540h
ECTS credits 18
Module Lan-
guage
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content Depends on chosen course.
3 Learning objectives Students... ... describe approaches used in economics from an international perspective. ... explain international economics issues. ... discuss and compare different theories and approaches used in economics. ... describe approaches to business administration, economics and social sciences from
an inter-national perspective. ... explain international issues in the areas of business administration, economics and
social science. ... discuss and compare different theories and approaches in business administration,
economics and social science. ... develop new intellectual perspectives with regard to their own education. ... recognize the dynamic, global dimensions of their professional future.
4 Teaching and learning methods depending on course choice
5 Module entry requirements Recommendations: Depends on chosen course
6 Mode of end-of-module examination TR - depending on course selection
7 Prerequisites for awarding of credit points Depends on chosen course.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager
10 Miscellaneous Language: Can be offered in English or in any language possible at the host university.
This module can be studied at a higher education institution in another country. There is
a stand-ardised crediting procedure for such cases. Information about course crediting
(deadlines and procedures) can be obtained from the Credit Transfer Centre (WiSo
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
204
Credit Transfer Centre: https://www.anrechnungwiso.uni-koeln.de/) This module can
also be taken as part of a summer school organised by the WiSo Faculty. In this case,
students must register for the examination in accordance with the rules of the WiSo
Faculty prior to embarking on the module.
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3.6.3 Supplementary section
Specialisation Module Corporate Taxation
Module code 1016SbeUn0
Workload 360h
ECTS credits 12
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 2 Terms
1 Courses a) Corporate Taxation I (WiSe) b) Corporate Taxation II (SoSe)
Contact
hours a) 45h b) 45h
Self-Studies a) 135h b) 135h
Course Language a) German b) German
2 Module content • Significance of taxation in terms of business administration • Taxation of partnerships and corporations • Choice of legal structure based on current national and transnational taxation practice • Optimisation of legal structure; special legal structures • Taxation of transnational business operations and international tax planning • Problem of double taxation and dealing with measures designed to prevent tax arbi-
trage • Tax planning for corporate restructuring and takeovers • German Reorganisation Tax Act • Exercises to deepen knowledge of subject matter covered in class
3 Learning objectives Students... ... are familiar with problems and methods in business taxation. ... understand how taxes influence choice of legal structure. ... gain an insight into taxation of transnational business operations. ... understand how taxes influence national and transnational decisions for companies. ... apply the expertise they have acquired to specific case studies.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of tax law.
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written tests. Both courses must be attended; the examinations refer to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems:
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Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous The module can be started in the spring term as well. However, a start in the fall term is
advised.
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Specialisation Module Operative and Strategic Controlling
Module code 1016SOSCo0
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Operative Controlling (1.
Term) b) Strategic Controlling (2.
Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Operative controlling: • Fundamentals of controlling • Theory, strategies and methods to support controlling activities • Controlling instruments
Strategic controlling: • Introduction to strategic controlling • Conventional cost management instruments • More recent cost management instruments • Benchmarking
3 Learning objectives Students... ... identify the main controlling strategies. ... learn about different types of interdependency and assess analytical and heuristic
methods with which to coordinate said interdependencies. ... deepen their knowledge of different “conventional” cost accounting techniques (in-
cluding actual and standard costing, full-cost accounting and variable costing). ... learn methods for conducting cost variance analyses. ... understand the Peinreich-Lücke theorem and the relationship between investment
appraisal and cost accounting. ... use linear programming for production planning and dynamic programming for meas-
uring inter-temporal interdependencies. ... examine the benefit of additional information under uncertainty using the concept of
“information value”. ... analyse the principal-agency theory and use controlling instruments to help solve any
incentive problems that arise. ... learn the main controlling strategies for solving coordination problems. ... compare the pros and cons of proactive cost management and early cost budgeting. ... examine the more recent instruments of cost management (including lifecycle, target
and activity-based costing). ... discuss the basics of benchmarking. ... conduct case studies using the skills they have acquired.
4 Teaching and learning methods lecture practice
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5 Module entry requirements Recommended: Basic knowledge of internal and external accounting, investment, fi-
nancing and decision theory.
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the examination. Both courses must be attended. The module is tested in two
written examination elements.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous Required reading will be announced at the beginning of the respective term.
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Specialisation Module International Accounting and Corporate Valuation
Module code 1016SIRUb0
Workload 360h
ECTS credits 12
Module Lan-
guage German and
English
Module
availability every term
Duration 2 Terms
1 Courses a) Corporate Valuation b) International Accounting
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) German b) German
2 Module content International accounting: • Doctrinal and conceptual principles of IFRS • IASB framework • Rules for recognising assets and liabilities • measurement rules • Special problems in IFRS separate and consolidated financial statements
Business valuation: • Reasons, purposes, history of doctrines • Equivalence principles • Forecasting rules and instruments • Risk/benefit approach to business valuation • Capital market oriented valuation methods
3 Learning objectives Students... ... gain confidence in balance sheet preparation using international accounting stand-
ards [IFRS]. ... acquire expertise on how to interpret standards in line with the system being used. ... apply to real-life cases what they have learned about accounting rules. ... apply business valuation approaches when preparing IFRS balance sheets. ... acquire expertise on how to differentiate between different reasons for and purposes
and doctri-nal concepts of business valuation. ... apply the basic rules of investment valuation theory to business valuation problems. ... produce cash flow forecasts. ... acquire expertise on how to use the different variants of the DCF method and other
modern valuation methods based on the aims being pursued.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (120)
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7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous An exam is offered in every semester.
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Specialization Module International Accounting
Module code 1016SMIR01
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses International Accounting
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content • Theoretical as well as institutional foundations of IFRS • IASB-Framework • Recognition and measurement of different classes of assets and liabilities • Special issues of individual and consolidated IFRS reports
3 Learning objectives Students... ... gain confidence in reporting according to international financial reporting standards
[IFRS] with respect to recognition as well as measurement issues. ... acquire knowledge enabling them to interpret IFRS in light of their principle-based
character. ... solve new problems and cases, using the subject-related and methodological compe-
tence taught in the module.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
212
Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
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Specialization Module Corporate Valuation
Module code 1016SMUb01
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content • Occasions, purposes and dogma history of corporate valuation • Principles of equivalence • Forecasting rules and instruments • Individual risk equivalence approach in business valuation • Capital-market oriented methods of measurement
3 Learning objectives Students... ... gain competence in distinguishing different occasions, purposes and underlying con-
cepts of corporate valuation. ... apply basic principles of investment theory in the context of corporate valuation. …produce cash-flow-forecasts. ...acquire expertise to context-specifically distinguish and apply different variants of the
DCF-method and further modern valuation approaches.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
214
Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
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Specilisation Module Selected Issues in Business Taxation II
Module code 1016SMSB02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) International Tax Planning
(1. Term) b) Taxation of Corporate
Groups
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) English b) German
2 Module content Selected Issues in Business Taxation
3 Learning objectives Students... ... gain methodological competence in tax law. ... acquire a deeper understanding of tax law. ... learn how to solve new cases using the knowledge they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements Recommended: Basic knowledge of corporate taxation
6 Mode of end-of-module examination Combined examination: WT (30), OE (30)
7 Prerequisites for awarding of credit points Passing the combined examination. Both courses must be attended; the examiniation
refers to topics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
216
Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
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Specialisation module Value-based Controlling
Module code 1016SVbCo0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Value-based Controlling
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basics of value-based controlling (including traditional financial indicators) • Characteristics of capital markets • Effect of capital structure on business value • Shareholder value approach • Discounted cash flow (DCF) method • Value-based indicators • Implementation of a value-based strategy • The Ohlson model
3 Learning objectives Students... ... identify the disadvantages of traditional financial indicators. ... assess capital market characteristics and their implications in terms of valuation. ... apply investment calculuses to business valuations. ... distinguish between valuation techniques, especially with regard to the underlying as-
sumptions. ... draw up estimates for forecasting cash flow and profit and determining cost of capital. ... examine published financial statement data and adapt to economic standards. ... determine business value based on multiplier, DCF and EVA methods.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of "Kosten- und Leistungsrechung", "Bilanz- und Er-
folgsrechnung", "Investition und Finanzierung", as well as " Entscheidungstheorie" from
the bachelor studies should be present.
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
218
Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous Required reading will be announced at the beginning of the respective term.
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219
Specialisation Module Selected Issues in Accounting and Auditing Issues I
Module code 1016SAFRW0
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Unternehmenspublizität und
Jahresabschlussanalyse b) Konzernbilanzen (1. Term)
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) German b) German
2 Module content • Regulation of capital market information • Value relevance studies • Company rating techniques • KPI-based analysis • Special problems in group accounting
3 Learning objectives Students... ... acquire expertise on how to assess the legal and strategic aspects of modern capital
market communication. ... acquire experise on how to assess the motives behind accounting policies and to an-
alyse the instruments used in accounting policies. ... assess from various perspectives the usefulness of accounting data as a decision-
making aid. ... acquire expertise on how to use business valuation methods when analysing annual
financial statements, based on the aims being pursued. ... gain confidence in group accounting using national and international standards. ... analyse real-life accounting problems.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
220
Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
221
Specialisation Module Operative and Strategic Controlling
Module code 1016SOSCo0
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Operative Controlling (1.
Term) b) Strategic Controlling (2.
Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Operative controlling: • Fundamentals of controlling • Theory, strategies and methods to support controlling activities • Controlling instruments
Strategic controlling: • Introduction to strategic controlling • Conventional cost management instruments • More recent cost management instruments • Benchmarking
3 Learning objectives Students... ... identify the main controlling strategies. ... learn about different types of interdependency and assess analytical and heuristic
methods with which to coordinate said interdependencies. ... deepen their knowledge of different “conventional” cost accounting techniques (in-
cluding actual and standard costing, full-cost accounting and variable costing). ... learn methods for conducting cost variance analyses. ... understand the Peinreich-Lücke theorem and the relationship between investment
appraisal and cost accounting. ... use linear programming for production planning and dynamic programming for meas-
uring inter-temporal interdependencies. ... examine the benefit of additional information under uncertainty using the concept of
“information value”. ... analyse the principal-agency theory and use controlling instruments to help solve any
incentive problems that arise. ... learn the main controlling strategies for solving coordination problems. ... compare the pros and cons of proactive cost management and early cost budgeting. ... examine the more recent instruments of cost management (including lifecycle, target
and activity-based costing). ... discuss the basics of benchmarking. ... conduct case studies using the skills they have acquired.
4 Teaching and learning methods lecture practice
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5 Module entry requirements Recommended: Basic knowledge of internal and external accounting, investment, fi-
nancing and decision theory.
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the examination. Both courses must be attended. The module is tested in two
written examination elements.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous Required reading will be announced at the beginning of the respective term.
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223
Specialisation module Value-based Controlling
Module code 1016SVbCo0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Value-based Controlling
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basics of value-based controlling (including traditional financial indicators) • Characteristics of capital markets • Effect of capital structure on business value • Shareholder value approach • Discounted cash flow (DCF) method • Value-based indicators • Implementation of a value-based strategy • The Ohlson model
3 Learning objectives Students... ... identify the disadvantages of traditional financial indicators. ... assess capital market characteristics and their implications in terms of valuation. ... apply investment calculuses to business valuations. ... distinguish between valuation techniques, especially with regard to the underlying as-
sumptions. ... draw up estimates for forecasting cash flow and profit and determining cost of capital. ... examine published financial statement data and adapt to economic standards. ... determine business value based on multiplier, DCF and EVA methods.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of "Kosten- und Leistungsrechung", "Bilanz- und Er-
folgsrechnung", "Investition und Finanzierung", as well as " Entscheidungstheorie" from
the bachelor studies should be present.
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
224
Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous Required reading will be announced at the beginning of the respective term.
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225
Specialisation Module Selected Issues in Controlling
Module code 1016SMAC00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Ausgewählte Fragen des Con-
trolling
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content Students are advised of the current content each term. The following areas are usually
covered: • Legal provisions for risk management systems • Establishment and implementation of an early warning system • Establishment of a risk management system • German Corporate Governance Code • Auditing of the risk management system by the internal auditing department • Auditing of the risk management system by the external auditor • Application of the competencies gained to realistic case studies
3 Learning objectives Students... ... discuss current issues in controlling and develop appropriate solutions. ... analyse selected businesses‘ controlling problems. ... apply the specialist knowledge they have acquired in a business environment. ... discuss and investigate problems that arise when implementing controlling tools. ... assess the advantages and disadvantages of recent controlling tools. ... learn how to solve realistic cases using the expertise and methodological compe-
tence taught on the programme.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Coremodule Accounting, Coremodule Finance,as well as Coremodule
Decision Theory or similar courses from the bachelor programme
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Carsten Homburg
10 Miscellaneous
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227
Specilisation Module Selected Issues in Business Taxation I
Module code 1016SMSB01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Tax Accounting b) Financial Service and Real
Estate Taxation (1. Term) c) Taxation of Family Business
Contact
hours a) 30h b) 30h c) 30h
Self-Studies a) 60h b) 60h c) 60h
Course Language a) English b) English c) German
2 Module content Selected Issues in Business Taxation
3 Learning objectives Students... ... acquire methodological competence in the area of tax law. ... acquire subject expertise to deepen their understanding of tax law. ... learn how to solve new cases using the subject expertise and methodological compe-
tence they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements Recommended: Basic knowledge of business taxation
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Two courses must be attended; the examination refers to top-
ics of two courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
228
Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
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Specialisation module Finance 7
Module code 1259SMFi07
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Rechnungslegung von Versi-
cherungsunternehmen nach
HGB und IFRS
Contact
hours 30h
Self-Studies 60h
Course Language German
2 Module content • Accounting systems • Sources of law • HGB, IAS/IFRS accounting methods • Full fair value accounting
3 Learning objectives Students... ... analyse insurance companies’ annual financial statements based on different ac-
counting rules. ... value claims reserves, claims equalization reserves and actuarial reserves. ... explore the impact of different accounting rules on how balance sheet items are val-
ued. ... implement risk-based auditing strategies for insurance companies.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
230
Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Specialisation Module Business Ethics
Module code 1253SBuEt0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Business Ethics and Continen-
tal Philosophy (1. Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Ethical approaches and how they are applied in business • Reflection on current business ethics debates (e.g. concerning globalisation, sustain-
ability, corporate responsibility, pay systems) • Independent presentation of approaches developed • Discussion of case studies from a normative and practical perspective
3 Learning objectives Students... ... identify and distinguish between ethically relevant issues based on philosophical ap-
proaches. discuss normative arguments and use this as a basis upon which to evaluate
case studies from the world of business. ... identify their responsibility as players in companies and other areas of business. ... develop and explain the rationale behind effective strategies for enhancing ethical
conduct in companies. ... accumulate a sound knowledge of philosophical perspectives and ethical debates on
business conduct.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs:
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Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Basis- und Aufbaubereich International Management Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Schwerpunktbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Bernd Irlenbusch
10 Miscellaneous This course provides students with a sound knowledge of philosophical perspectives
and ethical debates on business conduct.
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Specialisation Module Strategic Human Resource Management
Module code 1253SSHRM0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Strategic Human Resource
Management (2. Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Corporate strategy – an economic perspective • Human capital and value creation • Talent management and careers • Performance management • HR development • Corporate culture • Measurement of value contributed and evidence-based HR management
3 Learning objectives Students... ... acquire an understanding of the value contributed by HR work and analyse potential
drivers. develop standards by which to assess different HR strategies. ... discuss instruments for talent and performance management and develop recom-
mendations for applying them. ... evaluate the interests of different stakeholders based on corporate case studies and
can explain the reasons behind them. ... design and evaluate employee surveys. ... analyse HR management indicator systems. ... determine the contribution corporate culture makes to an organisation’s perfor-
mance.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie:
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BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Schwerpunktbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dirk Sliwka
10 Miscellaneous The module teaches students how HR management creates economic value and helps
implement corporate strategies.
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Specialisation Module Strategic Management
Module code 1253SStMa0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Strategic Management (1.
Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Fundamentals of strategic management • Strategic positioning • Strategy processes • Contexts
3 Learning objectives Students... ... understand different explanations for strategic positioning. ... analyse the influence of sectors and corporate resources on the choice of strategy. ... can distinguish between different forms of strategy development. ... apply theoretical knowledge to practical case studies and industry contexts.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Basis- und Aufbaubereich International Management Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development:
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Schwerpunktbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Matthias Heinz
10 Miscellaneous
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Supplementary Module Introduction to Economic Psychology
Module code 1320EMIE00
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Introduction to Economic Psy-
chology
Contact
hours 60h
Self-Studies 300h
Course Language English
2 Module content Selected topics and current issues in economic psychology: • Basic concepts in economic psychology (e.g., decision anomalies, descriptive decision theories, lay theories of economic con-
cepts) • Economic psychology and its application in consumer markets, labour markets, and
financial markets (e.g., purchase decisions, entrepreneurship, investments) • Economic psychology and its application in macroeconomic contexts (e.g., tax evasion, unemployment, wealth and happiness)
3 Learning objectives Students... … differentiate psychological aspects of economic contexts. ... apply psychological theories and concepts when analyzing economic issues. … define independently a problem area. ... gather results of recent research, assess them critically and summarize them. … present their findings individually. … identify critical points and discuss these with the group.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: WT (60), PRES
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Basis- und Aufbaubereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing
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Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management
9 Module manager Univ.-Prof. Dr. Erik Hölzl
10 Miscellaneous Compulsory reading will be announced each semester.
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Specialisation Module Financial Theory
Module code 1259SFiTh0
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Capital Market Theory (1.
Term) b) Corporate Finance Theory
(1. Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content • Capital markets and consumption • Investment decisions given certainity and uncertainity • Portfolio theory • Asset pricing models • Analysis and valuation of forwards, futures, and options • Equity valuation models (in particular Discounted Cash Flow methods, models of re-
sidual income, Multiples approach) • Impact of financial policies • M&A activities and defensive strategies • Aspects of balancing of accounts and financial realisation of mergers and acquisi-
tions
3 Learning objectives Students... …analyse investment decisions. …understand asset pricing models. …determine the value of securities and derivatives. …use different methods of valuing companies and individual assets. …learn how to analyse annual accounts in order to extract value relevant information. …recognize different theories explaining M&A‐activities. …analyse manager interests in mergers and acquisitions.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance:
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Schwerpunktbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Basis- und Aufbaubereich International Management Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Dieter Hess Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz
10 Miscellaneous
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Specialisation Module Financial Institutions Management
Module code 1259SFIMa0
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Insurance Economics b) Risk Management (2. Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Module content 1. Risk Management • Risk control on perfect and imperfect financial markets • Risk and risk measures • Management of liquidity risk • Management of interest rate risk • Management of default risk
2. Insurance Economics • Insurance demand theory • Production theory in insurance • Market balance in regard to information symmetry and asymmetry • Basics of sector-specific tariff calculation and reserve creation • Claim settlement • Introduction to solvency standards
3 Learning objectives Students... ... analyse various risk measures in terms of effective risk/return management. ... apply risk measures to decision-making problems in bank operations. ... assess regulatory standards intended to limit risk. ... are familiar with the methods for measuring market and default risks. ... assess instruments for controlling market and default risks. ... analyse insurance supply and demand. ... can explain information symmetry and asymmetry. ... assess the institutional parameters for insurance markets. ... calculate premiums and reserves in life and indemnity insurance.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
6 Mode of end-of-module examination Written test: WT (120)
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7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Thomas Hartmann-Wendels Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Specialisation module Finance 1
Module code 1259SMFi01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Application of Capital Market
Theory (2. Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Portfolio theory and practical application thereof • Performance measurement and attribution • Trading strategies using derivatives • Risk management • Financial engineering
3 Learning objectives Students... ...put together and implement optimum securities portfolios. ...analyse investment performance and its causes. ...control risks using derivatives. …answer critical questions confidently. ...create new financial instruments. ...work on practical exercises in small groups to discuss the knowledge and methods
learned in class. …agree on suitable methods for solving the practical exercises within the small groups
and justify their decision. …students reflect their own learning success by solving case studies independently.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Supplementary Module Financial Theory
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science International Management: Ergänzungsbereich International Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
244
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Alexander Kempf Dr. Alexander Pütz
10 Miscellaneous Within this module, at least one course is offered which takes place either until the mid-
dle of the fall/spring term (1. term) or from the middle of the fall/spring (2. term) on-
wards. You can find this information in the field “Courses” of the module descriptions. In
general, the 1. term of the fall term ends in December and the 1. term of the spring term
ends in May. The corresponding examinations of the 1. term courses are often offered
in the middle of the fall/spring term.
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Specialisation Module Finance 5
Module code 1259SMFi10
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Versicherungskonzern und
Rückversicherung (Teil A:
Rückversicherung und ART) b) Versicherungskonzern und
Rückversicherung (Teil B: Kon-
zernsteuerung und Gegensei-
tigkeitsprinzip)
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) German b) German
2 Module content • Decision models applying to individual economic units • Modelling of stochastic cash flows in insurance companies • Corporate and risk management in insurance companies • Capital stocks of insurance companies • Development and trends of the insurance industry • Evaluation of life insurances and non-life insurance Companies • Organization of insurance holding structures • Risk management instruments in insurance holdings • Types of reinsurance • Financial reinsurance • Alternative risk transfer
3 Learning objectives Students... ... have a thorough knowledge of the levels of management in insurance companies. ... investigate value-based management of insurance companies. ... model payment flows in insurance companies. ... analyse insurance companies' risk situation. ... apply different models for calculating capital requirements. ... determine which areas of a business have which capital requirements. ... use methods for valuing personal insurance companies and property and casualty in-
sur-ance companies. ... have a thorough knowledge of the fundamentals of asset liability management and
capital management. ... work within the legislative framework for insurance groups. ... assess the group structures found in the insurance industry. ... understand how different types of reinsurance work. ... analyse how risk management instruments are used to meet company objectives.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
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6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Specialisation module Finance 7
Module code 1259SMFi07
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Rechnungslegung von Versi-
cherungsunternehmen nach
HGB und IFRS
Contact
hours 30h
Self-Studies 60h
Course Language German
2 Module content • Accounting systems • Sources of law • HGB, IAS/IFRS accounting methods • Full fair value accounting
3 Learning objectives Students... ... analyse insurance companies’ annual financial statements based on different ac-
counting rules. ... value claims reserves, claims equalization reserves and actuarial reserves. ... explore the impact of different accounting rules on how balance sheet items are val-
ued. ... implement risk-based auditing strategies for insurance companies.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Specialisation Module Value-Based Management in Insurance
Module code 1259SMVB00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Value-Based Management in
Insurance - Theory and Prac-
tice
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Introduction in Insurance Management • Insurance Risk and Production Technology • Risk Modelling and Risk Measurement • Risk Management and Shareholder Wealth • Risk-based Capital Allocation • Decision-making in a Value-Based Management Framework • Trends and Challenges in the Insurance Industry • Trends and Challenges in the Insurance Industry
3 Learning objectives Students... ... learn methods for managing and evaluating insurance companies. ... learn methods of value-based management in insurance companies. ... model cash flows of insurance companies. ... analyze the risk situation of insurance companies. ... assess different methods for calculating the capital requirements. ... assess different methods for risk capital allocation. ... learn fundamentals of asset liability management.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Schwerpunktbereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Dr. Muhammed Altuntas Univ.-Prof. Dr. Heinrich R. Schradin
10 Miscellaneous
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Specialisation Module Marketing I
Module code 1266SMark1
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) New Product Management b) Cases in Digital Marketing
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content The module covers elements that are conceptual and applied elements, including
presentations by students, case studies, discussions and guest speakers from industry.
Students are expected to do their own reading in addition to the lectures and exercises.
3 Learning objectives Students... ... deepen their understanding of fundamental marketing theories, concepts and meth-
ods, using specific marketing tools as examples, and gain more advanced skills in as-
sessing marketing activities independently. ... describe theories, concepts and methods for solving decision-making problems in
marketing. analyse and assess the advantages of alternative decisions, using specific
marketing tools as examples. ... formulate and discuss alternative marketing strategies and activities, using specific
marketing tools as examples.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of marketing and multivariate methods
6 Mode of end-of-module examination Oral examination: PRES
7 Prerequisites for awarding of credit points Passing the oral examination.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management
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Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Franziska Völckner
10 Miscellaneous
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Specialisation Module Marketing II
Module code 1266SMark2
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Retailing (1. Term) b) Practical Applications in Re-
tailing (1. Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content The module includes conceptual and applied elements, including presentations by the
students, case studies, discussions and guest speakers from the world of marketing.
Students are required to do their own reading independently in addition to attending lec-
tures and participating in exercises.
3 Learning objectives Students... ... develop a profound understanding of current marketing strategies and activities in re-
tail value chains (national/international, physical/online, manufacturer/retailer) on the
basis of conceptual and empirical input. ... identify, interpret and discuss tools, frameworks and theories with which to under-
stand, analyse and assess companies’ retail and distribution functions. ... appreciate the significance of the retail function and the retail sector and identify and
evaluate current trends and best practice. ... understand the impact of altered consumer behaviour and of technological advances
on how the retail function is managed. ... demonstrate the skills they have learned with regard to how the strategy process is
applied in retail.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of marketing and multivariate methods
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Basis- und Aufbaubereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Werner Reinartz
10 Miscellaneous
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Specialisation Module Marketing III
Module code 1266SMark3
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Services and Media Marketing
(2. Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content The module includes conceptual and applied elements, including case studies, discus-
sions and guest speakers from the world of marketing. Students are required to organ-
ise their own learning and working processes independently and self responsible in ad-
dition to attending lectures and participating in exercises.
3 Learning objectives Students... ...acquire a wide range of skills (e.g., strategic, quantitative) with which to manage spe-
cific products or services. ...identify, interpret and discuss theories, strategies and methods related to the manage-
ment of various products/services. ...analyse and assess the planning and implementation of the marketing mix based on
examples of specific products/services. ...compare the challenges involved in managing specific products/services and identify
and evaluate current trends and best practice. ...apply the acquired skills for managing specific products/services (e.g., in case stud-
ies).
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of multivariate methods.
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
256
Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Gesundheitsökonomie: Ergänzungsbereich Gesundheitsökonomie
9 Module manager Univ.-Prof. Dr. Marc Fischer
10 Miscellaneous
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Specialisation Module Marketing IV
Module code 1266SMark4
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Brand Management (1.
Term) b) Sustainability in Marketing
and Consumer Behavior (1.
Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content The module includes conceptual and applied elements, including case studies, discus-
sions and guest speakers from the world of marketing. Students are required to do their
own reading in-dependently in addition to attending lectures and participating in exer-
cises.
3 Learning objectives Students... ... deepen their understanding of fundamental theories, concepts and methods in mar-
keting, using specific marketing instruments as examples, and consolidate their ability
to critically and independently assess marketing strategies and activities that are based
on such theories, concepts and methods. ... describe marketing as the management of assets (e.g. brands) in line with the con-
cept of value-based marketing. ... describe and analyse theories, concepts and methods related to value-based market-
ing. ... analyse, assess and discuss the advantages of various value-based options that can
be taken to manage such assets effectively, using specific marketing instruments as ex-
amples.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of marketing and multivariate methods
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Geographie: BWL Master Geographie
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
258
Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Schwerpunktbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Franziska Völckner
10 Miscellaneous If more than one course is offered, only one course can and needs to be taken.
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259
Specialisation Module Media and Technology Management: Enterprises, Markets, and Strategies
Module code 1284SMTEMS
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Media and Technology Man-
agement: Enterprises, Markets,
and Strategies
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content • Overview of the different media and telecommunication sectors • Selected compa-
nies and institutions and the related rules and potential •Business management fea-
tures specific to media and telecommunication markets and business models • Busi-
ness processes and management tasks in the different media, IT and telecommunica-
tion sectors and companies • Strategy development and evaluation • Innovation man-
agement • Technology management • Entrepreneurship • Application of the concepts
covered to selected media, IT and telecommunication innovations and corporate strat-
egies based on them, providing a more in-depth look at said concepts.
3 Learning objectives Students... ...are familiar with the entire range of media, IT and telecommunica-tion companies op-
erating in Germany and abroad and the markets of relevance to them. ...analyse the
various business models and can assess certain companies’ strategies based on stra-
tegic approaches they have practiced using. ...are familiar with national and interna-
tional providers of and technologies behind various media, IT and telecommunication
innovations. ...analyse the business administration side of these innovations against
the backdrop of existing and evolving standards and competition. ...develop corporate
strategies and assess such strategies. ...devise innovative appli-cations and assess
their chances on the market.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
260
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Arts Medienwissenschaft: MA Medienmanagement/Medienökonomie
9 Module manager Univ.-Prof. Dr. Claudia Loebbecke, M.B.A.
10 Miscellaneous
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261
Specialization Module Media and Technology Management: Platforms, Information Goods and
Infrastructure (6 LP)
Module code 1284SMTP06
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Media and Technology Man-
agement: Platforms, Infor-
mation Goods and Infrastruc-
ture
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Economics of digital goods • Managerial peculiarities of digital markets and platforms • Design and regulation of digital markets, platforms, and infrastructures • Media, IS, and Telecommunication technologies and their applicability as well as limi-
tations • Selected application areas of digital Media, IT, and Telecommunication technologies • “Big Data Analytics”: business strategies, economic potential and societal impact
3 Learning objectives Students... ... understand the economic features of digital goods and services as well as resulting
managerial pricing strategies. ... acquire deeper knowledge of MTM infrastructures and regulations and understand
their impact on MTM business models, companies and social welfare. ... recognize entrepreneurial shaping options on digital platforms and understand deci-
sion strategies (search strategies, pricing strategies, sharing strategies). ... recognize the mechanisms and the design of various digital markets and understand
their economic, political, and social impact factors as well as their societal conse-
quences.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Arts Medienwissenschaft: MA Medienmanagement/Medienökonomie Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
262
Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics
9 Module manager Univ.-Prof. Dr. Claudia Loebbecke, M.B.A. Univ.-Prof. Dr. Christian-Mathias Wellbrock
10 Miscellaneous Mode of end-of-module examination will be specified in the first session. See
www.mtm.uni-koeln.de
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263
Supplementary Module Ökonomische Methodologie und Ideengeschichte
Module code 1289EMOM00
Workload 360h
ECTS credits 12
Module Lan-
guage German
Module
availability every term
Duration 2 Terms
1 Courses a) Spezielle Fragen zur Metho-
dologie und Ideengeschichte
der Ökonomik (WiSe) b) Methodologie der ange-
wandten Ökonomik (SoSe)
Contact
hours a) 30h b) 60h
Self-Studies a) 150h b) 120h
Course Language a) German b) German
2 Module content Wissenschaftstheorie, Elemente der ökonomischen Ideengeschichte, Theorien der so-
zialen Gerechtigkeit, Ordnungsökonomik, Institutionenökonomik
3 Learning objectives Students... …setzen sich mit wissenschaftstheoretischen Voraussetzungen der Entwicklung und
Beurteilung wirtschaftspolitischer Vorschläge auseinander. ...erarbeiten eine intersubjektiv überprüfbare normative Referenz zur ordnungspoliti-
schen Beurteilung wirtschaftlicher und gesellschaftlicher Abläufe. ...erkennen und bewerten die zentralen Unterschiede planwirtschaftlicher und markt-
wirtschaftlicher Wirtschaftssysteme. ...erarbeiten sich kritische Analysefähigkeit ...wenden die theoretischen Konzepte auf aktuelle Fragen der Wirtschafts- und Sozial-
politik an. ...entwickeln Urteilsfähigkeit zu wirtschaftspolitischen Problemen und lernen, ihre Posi-
tionen in Diskussionen zu begründen und weiterzuentwickeln. ...entwickeln ein Verständnis für Entwicklung und Entstehung ökonomischer Methoden
und Ideen und erhöhen die Fähigkeit, dieses Wissen für heutige Problemzusammen-
hänge zu nutzen. ...führen im Seminar den wissenschaftlichen Diskurs.
4 Teaching and learning methods seminar lecture practice
5 Module entry requirements
6 Mode of end-of-module examination Oral examination: OE (30) Combined examination: PRES, TP
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
264
Master of Science Economics: Ergänzungsbereich Economics
9 Module manager Dr. Steffen J. Roth
10 Miscellaneous As the courses are not consecutive, students can begin with the course ‘Selected Is-
sues in Economic Methodology and History of Thought’ in the fall term as well.
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265
Core Module Political Science I (Master)
Module code 1336BPoWi1
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Comparative Political Instituti-
ons
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Institutionalism and neoinstitutionalism • Veto player and veto point theory • Theory of structure-induced equilibria • Problem areas: aggregation of individual preferences, coordination of individual deci-
sions, collective action, delegation relationships and risk of agency loss • Time consistency and commitments • Endogeneity of institutions and institutional reform • Empirical findings of conventional international comparative studies
3 Learning objectives Students... ... identify and can distinguish between the theoretical paradigms, concepts and meth-
ods used in institutional comparison in political science. ... recognise and identify institutional commonalities and differences. ... judge the empirical content, logical consistency and scope of the various concepts. ... apply comprehensive factual and conceptual knowledge to current problems and
analyses. ... develop their own research approaches. ... communicate their findings to other students and interested parties.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points A pass in the written test.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
266
Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. André Kaiser
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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267
Core Module Political Science II (Master)
Module code 1336BPoWi2
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Comparative Political Economy
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Approaches used in political economics and comparative research into government
activity • International comparison of political economics of markets • International comparison of political and institutional change in certain areas • Specific research methods in comparative political economics
3 Learning objectives Students... ... identify at an advanced level hypotheses, methods and empirical findings concerning
links between politics and economics based on an international comparison. ... analyse current developments in political economies in selected areas based on an
international comparison. ... independently conduct empirical research into political economies. ... apply advanced methodological knowledge in the empirical analysis of political econ-
omies ... based on conventional studies.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points A pass in the written test.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
268
Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Christine Trampusch
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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269
Core Module Political Science III (Master)
Module code 1336BPoWi3
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Political theory
Contact
hours 30h
Self-Studies 150h
Course Language German
2 Module content • Traditional and contemporary approaches and methods in political theory • Interpretation and analysis • Interdisciplinary, intercultural and comparative approaches and methods
3 Learning objectives Students... ... research relevant approaches in political theory through reading and by interpreting
key texts. ... describe, analyse and compare approaches and methods in political theory. ... examine the problems facing current political science research. ... research the link between the political problem in question and the approaches pro-
posed by theory. ... apply their theoretical knowledge to selected past cases and current problems.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points A pass in the written test.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
270
SoWi MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous Relevant reading will be announced at the beginning of each term
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271
Core Module Political Science IV (Master)
Module code 1336BPoWi4
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses International relations
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content • International politics • Foreign policy • Transnational politics • Conflict research • Cooperation research • International regulatory policy • Security policy • Information and communication • Fields of international politics • Levels of analysis in international politics
3 Learning objectives Students... ... analyse advanced issues in international relations, based on secondary and primary
literature. ... understand and problematise these issues, taking into account theoretical concepts
in this field ... and empirical research findings. ... determine where these issues play a role in the field of international relations. ... investigate theoretical and empirical questions and hypotheses as the starting point
of their own research. ... apply the knowledge they have acquired in order to conduct empirical research work. ... present the findings in verbal and written form. ... verify the initial questions and hypotheses based on the findings.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points A pass in the combined examination.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
272
Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Thomas Jäger
10 Miscellaneous Relevant reading will be announced at the beginning of each term
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
273
Core Module Political Science V (Master)
Module code 1336BPoWi5
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Comparing European Democra-
cies
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • European integration theories • EU strategies and scenarios in the various phases of its development • Conceptual approaches to analysing the long-term development of the EU system • The constitutional and institutional architecture of the European Union • Modes of political and system design in the EU
3 Learning objectives Students... ... identify and explain the key milestones of the integration process. ... classify the current developments in the EU system in theoretical, strategic and con-
ceptual terms. ... analyse the fundamental trends in the development of the EU’s political system. ... can distinguish between and assess fundamental modes of political and system de-
sign in the EU. ... discuss current, relevant political science issues concerning the deepening and ex-
pansion of the EU. ... put forward their arguments on the basis of texts written in English and using special-
ist vocabulary.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points A pass in the written test.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
274
Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Sven-Oliver Proksch
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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275
Core Module Methods of Political Science
Module code 1336BPoWi6
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content • Forschungsfragen • Konzeptualisierung • Hypothesenbildung • Forschungsdesigns • Strategien der Fallauswahl • Datenerhebung- und Analyse • Vorgehensweisen klassischer und aktueller vergleichender Studien
3 Learning objectives Students... ... identifizieren und differenzieren die verschiedenen Abschnitte eines Forschungspro-
jekts ... erkennen und bestimmen Stärken und Schwächen verschiedener Forschungsdes-
igns in der Vergleichenden Politikwissenschaft ... setzen sich mit klassischen und aktuellen Studien auseinander und diskutieren ihre
methodische Vorgehensweise. ... präsentieren ihre Erkenntnisse im Team und beteiligen sich aktiv an Diskussionen. ... bauen eigene wissenschaftliche Zugänge auf. ... wenden ihre Erkenntnisse auf eigene Forschungsfragen an.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points A pass in the combined examination.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
276
Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Basis- und Aufbaubereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. André Kaiser Univ.-Prof. Dr. Ingo Rohlfing
10 Miscellaneous
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277
Supplementary Module Social Regional Development and Co-Operatives
Module code 1320EMSG00
Workload 360h
ECTS credits 12
Module Lan-
guage German and
English
Module
availability every term
Duration 1 or 2 Term(s)
1 Courses a) Vorlesung: Kooperatives
Wirtschaften im Sozialraum (fall
term) b) Seminar Sozialraumentwick-
lung und Genossenschaftswe-
sen (spring term) c) Seminar Economic Coopera-
tion in Developing Countries
(spring term)
Contact
hours a) 30h b) 30h c) 30h
Self-Studies a) 150h b) 150h c) 150h
Course Language a) German b) German c) English
2 Module content The content of the courses in the “Social Space Development and Co-Operatives”
module is based on a predominantly “bottom up” approach, looking at how social environments
develop through cooperative forms of self-help. Modern social environment systems are cre-
ated and shaped by social interactions, influencing their place in cultural history and social con-
struction, and by constant reinvention. Students are introduced to systems of thought and behaviour
and investigate different concepts used in the analysis of social orders, the third sector,
NPOs, civil society and social capital. Academic discussion of social reform (usually re-
stricted to legal analyses of the regulatory frameworks and economic analyses of the
incentive structures) are supplemented by political analyses of the institutional settings,
sociological research that uses data to clarify social problems and psychological stud-
ies on sociopolitical processes. The impacts of collective forms of self-help are analysed using concepts relating to personal circumstances, the capabil-
ity approach and empowerment. The module gives students an understanding of cooperative systems, taking into ac-
count the various socioeconomic challenges. With a social environment perspective, they ex-
plore a wide range of areas, from local cooperative forms of self-help to welfare state policy in the
traditional sense, to European issues and issues in development economics. The approach is
consistently interdisciplinary and ranges from comparative methods to examination of the guiding
anthropological principles.
3 Learning objectives Students... ... independently structure forms of economic cooperation in different contexts, based
on theory. ... recognise and discuss advantages and problems of different forms of cooperation.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
278
... examine various reform options and weigh up the advantages and disadvantages.
... formulate research questions in the seminars and present their arguments inde-
pendently. ... combine the information to form a new context, through term papers and a presenta-
tion, and practise using presentation techniques. ... receive suitable preparation for their master thesis and work in an international con-
text, by writing papers independently in German and English.
4 Teaching and learning methods seminar lecture
5 Module entry requirements none
6 Mode of end-of-module examination Combined examination: PRES, TP Written test: WT (60)
7 Prerequisites for awarding of credit points 1.) A pass in the written test of course a) 2.) A pass in the combined examination of
course b) or c)
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous The examination components contribute equally to the end-of-module mark.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
279
Supplementary Module Trans- and international perspective of social policy
Module code 1320EMSt00
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) European Social Policy b) International Comparison of
Health Care Systems
Contact
hours a) 30h b) 30h
Self-Studies a) 150h b) 150h
Course Language a) English b) English
2 Module content The “Trans- and international perspective of social policy” module combines courses
that deal with the European influence on social policy interventions and courses that
conduct an international comparison of institutional solutions. The aim is for students to familiarise themselves with the whole gamut of social policy
arrangements and to identify examples of best practice. Policy change and diffusion issues are also covered. The module takes an interdisciplinary approach, comprising various perspectives (in-
cluding integration theory and comparative welfare state research as well as social pol-
icy concepts that include economic factors).
3 Learning objectives Students... ... apply and examine in more detail fundamental aspects of social policy in various ar-
eas of study with international and European components. ... acquire competence to conduct theory-based problem analysis in complex, multidis-
ciplinary, international and European contexts. ... independently identify areas of study and formulate research questions. ... combine the information in a new context in the form of term papers and formulate al-
ternative solutions. ... receive suitable preparation for their master thesis by writing papers independently.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points A pass in the joint examination.
8 Other programmes that use the module Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
280
SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous Both courses must be taken. The courses will be examined jointly.
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Core Module Trans- and international perspective
Module code 1282BTInP0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Philosophy of Inclusion and
Community Building
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content The “Trans- and international perspective of social policy” module focuses on the influ-
ence of the European multi-level system on social policy interventions. The course is
mainly concerned with analysis of the European law underlying social policy, covering
both spill-over effects of internal market integration and the EU Charter of Fundamental
Rights. Specific governance instruments (such as the Open Method of Coordination)
are presented as part of a European social model and examined within the context of
national reform agendas. Policy change and diffusion issues are also covered. The
module takes an interdisciplinary approach, comprising various perspectives (including
integration theory and comparative welfare state research as well as social policy con-
cepts that include economic factors).
3 Learning objectives Students... ... apply and deepen their knowledge of basic principles of social policy in various areas
of learning related to Europe. ... analyse complex multi-level systems using theory-led and multidisciplinary problem
analyses. ... independently identify areas of study and formulate research questions. ... outline and assess the information in familiar and new contexts and formulate alter-
native solu-tions.
4 Teaching and learning methods lecture
5 Module entry requirements
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Gesundheitsökonomie: Basis- und Aufbaubereich Gesundheitsökonomie Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
282
Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous
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Core Module Comparison of Health Care Systems
Module code 1282BCHCS0
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses International Comparison of
Health Care Systems
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content The “Comparison of Health Care Systems” module sets out to compare health care
systems on the basis of theories and typologies. The aim is for students to familiarise
themselves with and be able to assess the whole gamut of health policy arrangements
and identify examples of best practice. Policy change and diffusion issues are also cov-
ered. The module takes an interdisciplinary approach, comprising various perspectives
(including comparative welfare state research as well as social policy concepts that in-
clude economic fac-tors).
3 Learning objectives Students... ... independently structure complex health care systems from different country-specific
contexts, guided by theory. ... identify and discuss advantages and problems of different health care systems. ... examine various reform options and weigh up advantages and disadvantages. ... formulate research questions and put forward their own arguments.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Gesundheitsökonomie: Basis- und Aufbaubereich Gesundheitsökonomie Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Master of Science Geographie: SoWi Master Geography Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
284
Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Frank Schulz-Nieswandt
10 Miscellaneous The language of the lecture will be determined at the beginning of the semester.
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285
Specialisation Module Supply Chain Innovation
Module code 1271SMSChI
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Supply Chain Innovation (2.
Term)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Innovation strategy in supply chains • Innovation management in supply chains • Supply Chain Innovation Processes: Idea generation, idea selection, idea implemen-
tation • Collaborative supply chain innovation • Applications of supply chain innovation strategy • Current technological changes and effective supply chain strategies
3 Learning objectives Students... …analyse supply chain innovations, and understand their implications. Discuss and pre-
sent implications in groups, to the class, and in written reports. …understand the need for innovations for competing supply chains. Critically reflect on
peer analyses of supply chain innovations. …conceptualise supply chain innovation strategies. …engage in a scientific discourse on the emergence and management of disruptive in-
novations. …detect and craft approaches as well as responses to disruptive innovations individu-
ally and in group work. Present approaches to classmates. …analyse innovation systems to nurture the creative potential operations’ and supply
chains’ …assess the value of supply chain innovation projects …conceptualize processes for the implementation of innovations …understand and independently reflect on challenges of current technological changes
in supply chains
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: At least 12 CP in the section Foundation Knowledge (Specialisation
Section SCM)
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
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8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Fabian Sting
10 Miscellaneous
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287
Specialization Module Project Management
Module code 1271SMPrjM
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Project Management
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • project definition and scoping • project risk analysis and risk management • resource allocation and budgeting • project scheduling • project monitoring • project portfolio management • managing human behavior in projects
3 Learning objectives Students... …understand the strategic relevance of project management across industries. …understand, recognise, and discuss the importance of project complexity, project un-
certainty and human behavior in managing projects. …engage in group and class discourses to evaluate how different project planning and
execution approaches are contingent on project environments …reflect on their own developed project management skills by applying these in project
groups and case studies. Critically reflect on own and peer developed project manage-
ment solutions. …apply modern methods of project planning and project execution such as agile or
help-based project management systems …apply real options thinking to determine the value of uncertain projects. …recommend project approaches to cope with uncertainty, complexity, and human be-
havior while accounting for the multidimensional goals of project stakeholders
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: at least 12 ECTS credits from the group Foundation Knowledge
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
288
Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Basis- und Aufbaubereich International Management Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Fabian Sting
10 Miscellaneous
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289
Specialisation module Supply Chain Operations
Module code 1271SMSC03
Workload 360h
ECTS credits 12
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Operations Management
Contact
hours 120h
Self-Studies 240h
Course Language English
2 Module content • Inventory Management • Contract Design • Capacity and Revenue Managment • Data Processing in Supply Chains • Behavioral Operations
3 Learning objectives Students... ... devise strategies for controlling companies’ operations. ... apply mathematical methods to determine companies’ optimum inventory levels. ... apply these methods in order to optimise contracts between companies. ... are introduced to revenue management methods and use them to analyse various
supply chain management issues. ... use their knowledge in case studies devise and discuss their solutions with the rest
of the team and compare them with alternative solutions. ... identify behaviour-based aspects in supply chain management. ... use the findings to enhance existing models.
4 Teaching and learning methods lecture practice
5 Module entry requirements None
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
290
Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Ulrich W. Thonemann
10 Miscellaneous
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291
Specialization Module Behavioral Operations (Adv.)
Module code 1271BOAd01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Behavioral Operations
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Behavioral Decision Making • Behavioral Contracting • Behavioral Forecasting • Behavioral Inventory Management • Behavioral Operations Management
3 Learning objectives Students... ... Professional skills ... Students... ... read scientific articles and gain an understanding of decision processes in companies ... transfer these methods to optimize contracts between companies, forecast demand
and manage inventories ... apply their knowledge to design experiments, analyze results, come up with and dis-
cuss solutions in teams and compare them to alternatives ...identify behavioral aspects in supply chain management ...use these insights to develop extensions of existing models ... ... Personal skills ... Students... ... work together in teams ... present and discuss topics in supply chain management ... realize which consequences result from decisions ... learn how to act responsibly and in a sustainable way ... design their learning and working process independently
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Specialization Module Supply Chain Operations
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
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292
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Ulrich W. Thonemann
10 Miscellaneous
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293
Specialization Module Supply Chain Operations (6 LP)
Module code 1271SCOp01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Supply Chain Operations
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Inventory Management • Contract Design • Capacity and Revenue Management • Supply Chain Management
3 Learning objectives Students... ... Professional Skills ... Students... ... design concepts to operate companies. ... apply mathematical models to optimize inventory. ... transfer these methods to optimize contracts between companies. ... learn about revenue management methods and use them to analyze various topics in
supply chain management. ... apply their knowledge in case studies, create and discuss solution approaches in
teams and compare them with other solution approaches. ... ... Personal skills ... Students... … work cooperatively in teams, … present and discuss topics in supply chain management, … recognize the effects of their decisions, … learn responsible and sustainable behaviour and … design their learning and work processes independently.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
294
Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Ulrich W. Thonemann
10 Miscellaneous
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295
Specialisation module Production Management
Module code 1271SPrMa0
Workload 360h
ECTS credits 12
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Supply Chain Management
und Produktion II (2. Term) b) Supply Chain Management
und Produktion I (1. Term)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) German b) German
2 Module content • Site planning • Production infrastructure design • Flow production system design (under deterministic and stochastic conditions) • Central Production design (flexible manufacturing systems) • Forecasting methods (including time series analysis) • Aggregated planning • Master production planning • Resource planning for workshop production • Resource planning in central productions • Quality control • Maintenance planning
3 Learning objectives Students... ... acquire knowledge about the problems that occur in production and supply chain
management and methods for solving them. ... learn about the relationships between the relevant decision variables and are able to
develop and implement proposals for practical solutions to specific decision problems,
based on solid theoretical foundations.
4 Teaching and learning methods lecture practice
5 Module entry requirements no recommendations
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
296
Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Horst Tempelmeier
10 Miscellaneous Guided and structured self-study in groups.
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297
Specialization Module Supply Network Design
Module code 1271SNDe01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Supply Chain Management and
Production: Network Design
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content • Site planning • Production infrastructure design • Flow production system design (under deterministic and stochastic conditions) • Central Production design (flexible manufacturing systems)
3 Learning objectives Students... ... Professional skills ... acquire knowledge about the problems that occur in production and supply chain
management and methods for solving them. ... learn about the relationships between the relevant decision variables and … are able to develop, implement and evaluate proposals for practical solutions to spe-
cific decision problems, based on solid theoretical foundations. ... Personal skills ... Students... ...work cooperatively in teams, ...discuss and present Supply Chain Management topics, ...recognize the consequences of decision-making, ...learn to act in a responsible as well as sustainable way and ...organize autonomously their learning and working processes.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
298
BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager AD Dr. Johannes Antweiler Univ.-Prof. Dr. Horst Tempelmeier
10 Miscellaneous Guided and structured self-study in working groups with active presentation of results.
Registration in ILIAS is required. Mandatory reading will be announced in ILIAS.
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Specialization Module Operative Supply Chain Planning
Module code 1271OSCP01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Supply Chain Management and
Production: Operative Planning
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content • Aggregated planning • Master production planning • Lotsizing and resource planning for workshop production • Lotsizing and resource planning for flowshop production • Resource planning in central productions • Maintenance planning • Quality control
3 Learning objectives Students... ... Professional skills ... Students... ... acquire knowledge about the problems that occur in production planning and supply
chain management and methods for solving them. ... learn about the relationships between the relevant decision variables and … are able to develop, implement and evaluate proposals for practical solutions to spe-
cific decision problems, based on solid theoretical foundations. ... ... Personal skills ... Students... ...work cooperatively in teams, ...discuss and present Supply Chain Management topics, ...recognize the consequences of decision-making, ...learn to act in a responsible as well as sustainable way and ...organize autonomously their learning and working processes.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
300
8 Other programmes that use the module Master of Science Business Administration - Supply Chain Management: Schwerpunktbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager AD Dr. Johannes Antweiler Univ.-Prof. Dr. Horst Tempelmeier
10 Miscellaneous Guided and structured self-study in working groups with active presentation of results.
Registration in ILIAS is required. Mandatory reading will be announced in ILIAS.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
301
Specialisation Module Corporate Taxation
Module code 1016SbeUn0
Workload 360h
ECTS credits 12
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 2 Terms
1 Courses a) Corporate Taxation I (WiSe) b) Corporate Taxation II (SoSe)
Contact
hours a) 45h b) 45h
Self-Studies a) 135h b) 135h
Course Language a) German b) German
2 Module content • Significance of taxation in terms of business administration • Taxation of partnerships and corporations • Choice of legal structure based on current national and transnational taxation practice • Optimisation of legal structure; special legal structures • Taxation of transnational business operations and international tax planning • Problem of double taxation and dealing with measures designed to prevent tax arbi-
trage • Tax planning for corporate restructuring and takeovers • German Reorganisation Tax Act • Exercises to deepen knowledge of subject matter covered in class
3 Learning objectives Students... ... are familiar with problems and methods in business taxation. ... understand how taxes influence choice of legal structure. ... gain an insight into taxation of transnational business operations. ... understand how taxes influence national and transnational decisions for companies. ... apply the expertise they have acquired to specific case studies.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Basic knowledge of tax law.
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written tests. Both courses must be attended; the examinations refer to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
302
BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous The module can be started in the spring term as well. However, a start in the fall term is
advised.
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303
Specilisation Module Selected Issues in Business Taxation II
Module code 1016SMSB02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) International Tax Planning
(1. Term) b) Taxation of Corporate
Groups
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) English b) German
2 Module content Selected Issues in Business Taxation
3 Learning objectives Students... ... gain methodological competence in tax law. ... acquire a deeper understanding of tax law. ... learn how to solve new cases using the knowledge they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements Recommended: Basic knowledge of corporate taxation
6 Mode of end-of-module examination Combined examination: WT (30), OE (30)
7 Prerequisites for awarding of credit points Passing the combined examination. Both courses must be attended; the examiniation
refers to topics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
304
Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
305
Core Module International Tax Law
Module code 1015BMIS00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Internationales Steuerrecht
Contact
hours 30h
Self-Studies 150h
Course Language German
2 Module content • Außensteuergesetz (German Foreign Transaction Tax Act) • Double taxation agreements
3 Learning objectives Students... ... acquire methodological competence in the area of international tax law. ... acquire subject expertise to deepen their understanding of international tax law. ... learn how to solve new cases using the subject expertise and methodological compe-
tence they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Johanna Hey
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
306
Basismodul Bilanzsteuerrecht
Module code 1015BMBi00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Bilanzsteuerrecht (WiSe)
Contact
hours 30h
Self-Studies 150h
Course Language German
2 Module content • German Commercial Code • German Fiscal Code/Income Tax Act/Valuation Act • International accounting standards • Tax accounting legal issues • Case studies
3 Learning objectives Students... ... acquire methodological competence in the area of tax accounting law. ... acquire subject expertise to deepen their understanding of tax accounting law. ... learn how to solve new cases using the subject expertise and methodological compe-
tence they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Joachim Hennrichs
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
307
Core Module Selected Issues in Tax Law
Module code 1015BMAu00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Ausgewählte Fragestellungen
des Steuerrechts
Contact
hours 30h
Self-Studies 150h
Course Language German
2 Module content Selected Issues in Tax Law
3 Learning objectives Students... ... gain advanced knowledge in specific areas of tax law. Since they choose a specialist
subject from among the subjects offered by the University’s Institute of Tax Law, they
can acquire competence in areas such as group tax law and reorganisation tax law. ... who take group tax law as a subject examine the special features of taxation of
groups of com-panies. In addition to taxation itself, the focus is on fiscal units, company
acquisitions and divesti-tures, utilisation of losses, intra-group transactions, groups in
tax treaty law and group reporting. ... who take reorganisation tax law as a subject learn about the various reorganisation
processes. The course covers both the civil law provisions applicable to such processes
and the special features of their taxation as specified in the German Reorganisation Tax
Act. Students gain an overview of the tax treatment of mergers, demergers, capital con-
tributions, reorganisation, accre-tion, share swaps and international reorganisation.
4 Teaching and learning methods lecture
5 Module entry requirements Recommended: basic knowledge of income tax law and corporate tax law.
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Johanna Hey
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
308
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
309
Supplementary Module Economic Geography I
Module code 1343EMWi01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Enterprises and Regional De-
velopment in the European Un-
ion
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Theories and empirical developments at locations in the European Union • Examples of regional development processes in European Union countries • Regional structures and stakeholders that interact with international and EU-wide de-
cision pro-cesses
3 Learning objectives Students... ... analyse subnational regional processes, decisions and stakeholder networks against
the backdrop of global economic developments impacting on the region in various coun-
tries of the European Union. ... are familiar with decision-making processes concerning business locations in the Eu-
ropean Union. ... explore the processes with which transnational (industrial) enterprises and global
value chains distribute capacity and expertise within the European Union. ... understand how regional development processes in the European Union interact with
the Global South. ... combine what they have learnt with interdisciplinary perspectives. ... interpret and critically assess selected case studies of regional development pro-
cesses in the European Union, based on theoretical concepts. ... apply their findings in practice. ... engage in academic discourse.
4 Teaching and learning methods seminar
5 Module entry requirements none
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
310
Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Martina Fuchs
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
311
Supplementary Module Economic Geography II
Module code 1343EMWi02
Workload 360h
ECTS credits 12
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Wissen, Innovation und Re-
gionalentwicklungen b) Aktuelle Fragen und Metho-
den der Raumforschung
Contact
hours a) 60h b) 60h
Self-Studies a) 300h b) 300h
Course Language a) German b) German
2 Module content • Theories and empirical developments concerning knowledge-based and innovation-
oriented regional development • Case studies of regional development processes • Economic geography methods
3 Learning objectives Students... ... interpret current theories on knowledge-based regional development and innovation-
oriented regional policy. ... analyse selected regions and businesses in Germany. ... specify a theoretical question relating to a case study, e.g. in the federal state of
North Rhine-Westphalia. ... recognise and assess the significance of innovation and knowledge for local regional
devel-opment. ... critically apply theoretical concepts to empirical case studies. ... develop their own study on regional development opportunities. ... conduct independent research using primary and secondary data. ... analyse current research questions in economic geography. ... apply critically selected methods to examine a case study. ... explore cartographic methods, including GIS. ... present their results (text, chart, map).
4 Teaching and learning methods project
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination. Only one course must be attended; the examina-
tion refers to the topic of only one course.
8 Other programmes that use the module Master of Science Information Systems: Ergänzungsbereich Information Systems
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
312
Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Regionalstudien China - Sozialwissenschaften: SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Martina Fuchs
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
313
Supplementary Module Economic Geography III
Module code 1343EMWi03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Global South, Emerging Econo-
mies and New Global Growth
Regions
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content • Theories and empirical developments in regions and businesses located outside Eu-
rope, par-ticularly Latin America, East Asia, Central/Eastern Europe • Examples of regional development processes • Regional structures, institutions and players and their interaction with transnational
decision-making processes
3 Learning objectives Students... ... analyse selected regions and businesses located outside Europe, particularly Latin
America, East Asia, Central/Eastern Europe. ... define conditions for economic growth. ... recognise and assess the significance of innovation, technology and knowledge for
regional development in emerging economies and the Global South. ... discuss the role of institutions, organisations and networks. ... identify sectoral and industry-related differences. ... critically apply theoretical concepts to empirical case studies. ... develop their own point of view concerning regional development opportunities aris-
ing from global value chains and training. ... conduct independent research on a secondary basis. ... engage in academic discourse.
4 Teaching and learning methods seminar
5 Module entry requirements none
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Sozialwissenschaften: SoWi MA Reg Lateinamerika Regionalstudien China - Sozialwissenschaften:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
314
SoWi MA Reg China Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Sozialwissenschaften: SoWi MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Martina Fuchs
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
315
Specialisation Module International Accounting and Corporate Valuation
Module code 1016SIRUb0
Workload 360h
ECTS credits 12
Module Lan-
guage German and
English
Module
availability every term
Duration 2 Terms
1 Courses a) Corporate Valuation b) International Accounting
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) German b) German
2 Module content International accounting: • Doctrinal and conceptual principles of IFRS • IASB framework • Rules for recognising assets and liabilities • measurement rules • Special problems in IFRS separate and consolidated financial statements
Business valuation: • Reasons, purposes, history of doctrines • Equivalence principles • Forecasting rules and instruments • Risk/benefit approach to business valuation • Capital market oriented valuation methods
3 Learning objectives Students... ... gain confidence in balance sheet preparation using international accounting stand-
ards [IFRS]. ... acquire expertise on how to interpret standards in line with the system being used. ... apply to real-life cases what they have learned about accounting rules. ... apply business valuation approaches when preparing IFRS balance sheets. ... acquire expertise on how to differentiate between different reasons for and purposes
and doctri-nal concepts of business valuation. ... apply the basic rules of investment valuation theory to business valuation problems. ... produce cash flow forecasts. ... acquire expertise on how to use the different variants of the DCF method and other
modern valuation methods based on the aims being pursued.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (120)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
316
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous An exam is offered in every semester.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
317
Specialization Module International Accounting
Module code 1016SMIR01
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses International Accounting
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content • Theoretical as well as institutional foundations of IFRS • IASB-Framework • Recognition and measurement of different classes of assets and liabilities • Special issues of individual and consolidated IFRS reports
3 Learning objectives Students... ... gain confidence in reporting according to international financial reporting standards
[IFRS] with respect to recognition as well as measurement issues. ... acquire knowledge enabling them to interpret IFRS in light of their principle-based
character. ... solve new problems and cases, using the subject-related and methodological compe-
tence taught in the module.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
318
Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
319
Specialization Module Corporate Valuation
Module code 1016SMUb01
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content • Occasions, purposes and dogma history of corporate valuation • Principles of equivalence • Forecasting rules and instruments • Individual risk equivalence approach in business valuation • Capital-market oriented methods of measurement
3 Learning objectives Students... ... gain competence in distinguishing different occasions, purposes and underlying con-
cepts of corporate valuation. ... apply basic principles of investment theory in the context of corporate valuation. …produce cash-flow-forecasts. ...acquire expertise to context-specifically distinguish and apply different variants of the
DCF-method and further modern valuation approaches.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
320
Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
321
Specialisation Module Selected Issues in Accounting and Auditing Issues I
Module code 1016SAFRW0
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses a) Unternehmenspublizität und
Jahresabschlussanalyse b) Konzernbilanzen (1. Term)
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) German b) German
2 Module content • Regulation of capital market information • Value relevance studies • Company rating techniques • KPI-based analysis • Special problems in group accounting
3 Learning objectives Students... ... acquire expertise on how to assess the legal and strategic aspects of modern capital
market communication. ... acquire experise on how to assess the motives behind accounting policies and to an-
alyse the instruments used in accounting policies. ... assess from various perspectives the usefulness of accounting data as a decision-
making aid. ... acquire expertise on how to use business valuation methods when analysing annual
financial statements, based on the aims being pursued. ... gain confidence in group accounting using national and international standards. ... analyse real-life accounting problems.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Geographie: BWL Master Geographie
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
322
Regionalstudien China - Betriebswirtschaftslehre: BWL MA Reg China Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Ergänzungsbereich Economics Master of Science Mathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: WiWi MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
323
Specialisation Module Selected Issues in Accounting and Auditing Issues II
Module code 1016SMAR02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Sonderprüfungen b) Methoden und Institutionen
der Jahresabschlussprüfung
Contact
hours a) 30h b) 30h
Self-Studies a) 60h b) 60h
Course Language a) German b) German
2 Module content • Audit regulation • System and analytical audits • Tests of detail • Audit planning and procedure • Industry-specific and ad hoc audits
3 Learning objectives Students... ...acquire competence in the assessment of the legal and institutional aspects of audits
of annual financial statements. ...gain methodological competence in the application of modern auditing techniques
...operationalise business analysis strategies when auditing annual financial state-
ments. ...acquire competence in the assessment and design of proper procedures for carrying
out ad hoc audits.
4 Teaching and learning methods lecture
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Both courses must be attended; the examination refers to top-
ics of both courses.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Ergänzungsbereich Economics Master of Science Business Administration - Accounting and Taxation: Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
324
9 Module manager Univ.-Prof. Dr. Christoph Kuhner
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
325
Specilisation Module Selected Issues in Business Taxation I
Module code 1016SMSB01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Tax Accounting b) Financial Service and Real
Estate Taxation (1. Term) c) Taxation of Family Business
Contact
hours a) 30h b) 30h c) 30h
Self-Studies a) 60h b) 60h c) 60h
Course Language a) English b) English c) German
2 Module content Selected Issues in Business Taxation
3 Learning objectives Students... ... acquire methodological competence in the area of tax law. ... acquire subject expertise to deepen their understanding of tax law. ... learn how to solve new cases using the subject expertise and methodological compe-
tence they have acquired.
4 Teaching and learning methods lecture
5 Module entry requirements Recommended: Basic knowledge of business taxation
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Two courses must be attended; the examination refers to top-
ics of two courses.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
326
Specialization Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management
9 Module manager Univ.-Prof. Dr. Michael Overesch
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
327
Core Module Econometrics II
Module code 1314BMEc02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Core Econometrics II
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content • Generalised moment method • Models for discrete and limited dependent variables • Univariate and multivariate time series models • Panel models
3 Learning objectives Students... ... acquire basic knowledge of econometric methods, understand scientific contributions
in the field of empirical economic research and conduct empirical studies on economic
issues independently. ... create econometric models and choose between alternative model specifications. ... can estimate parameters of linear and generalised regression models, models for dis-
crete and limited dependent variables and time series models, using suitable inference
methods, and conduct hypothesis tests. ... generate forecasts for economic variables.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
328
VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
329
Specialisation Module Economic Engineering
Module code 1289SMEE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Economic Engineering
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Evaluation of the roles of theory and laboratory/field experiments in the development
of markets and incentive systems - Analysis of relevant behavioural phenomena and institutional details of particular im-
portance for specific designs - Discussion of practical applications of economic engineering in matching markets,
auctions and other markets
3 Learning objectives Students... ... apply their theoretical and empirical skills to real markets. ... identify problems in markets and develop and discuss possible solutions. ... deal with current economic challenges and present own research ideas.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
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Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels
10 Miscellaneous
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Specialisation Module Auction Theory
Module code 1289SMAT00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Auction Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Auctions with “private values”: second-price auctions, first-price auctions, reservation
prices, revenue equivalence theorem, extensions - Mechanism design: revelation principle, optimal mechanisms, efficient mechanisms - Auctions with “interdependent values“: comparisons of auction proceeds , linkage
principle
3 Learning objectives Students... ... acquire a deeper understanding of the economic theory of auction design.
4 Teaching and learning methods lecture practice
5 Module entry requirements None
6 Mode of end-of-module examination Written test: WT (120)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management:
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Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Prof. Dr. Peter Cramton
10 Miscellaneous
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Specialisation Module Contract Theory
Module code 1289SMVe00
Workload 180h
ECTS credits 6
Module Lan-
guage German
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Vertragstheorie
Contact
hours 60h
Self-Studies 120h
Course Language German
2 Module content - Principal/agent models - Mechanism design - Hold-up problem - Incomplete contracts
3 Learning objectives Students... ... recognise the concepts of information economics. ... describe and model situations with information asymmetries between several parties. ... analyse and discuss causal relationships in contract theory. ... apply methods for solving contract theory problems.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
334
Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Patrick W. Schmitz
10 Miscellaneous Compulsory reading will be announced each term.
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Specialisation Module Behavioral Economics
Module code 1289SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Behavioral Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content Using the concept of the homo economicus, the module presents behavioural theory
concepts that are based on findings from empirical and experimental research. The lec-
tures provide an introduction to bounded rationality theories, focusing on those theories’
criticism of the homo economicus concept.
3 Learning objectives Students... ... understand behavioural models and formal arguments. ... apply advanced microeconomic concepts. ... challenge arguments critically.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core modules in Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
336
Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous
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Specialisation Module Topics in Design and Behavior A
Module code 1289SMTD01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Dr. Thomas Lauer Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior B
Module code 1289SMTD02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior C
Module code 1289SMTD03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with the methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core modules Microeconomics
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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Specialisation Module Topics in Design and Behavior D
Module code 1289SMTD04
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Design and Behavior
D
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content Latest issues in institution and market design, plus methods and theories used in be-
havioural economics and applied microeconomics.
3 Learning objectives Students... ...investigate current theoretical and applied issues in market and institution de-
sign with th methods and theories used in behavioural economics and microeconom-
ics. ...examine and assess the applicability of various economic concepts. ...discuss the results in written form and in class with other course participants.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Axel Ockenfels Univ.-Prof. Dr. Bettina Rockenbach
10 Miscellaneous Relevant reading will be announced at the beginning of each term.
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341
Specialisation module Matching and Market Design: Theory and Practice
Module code 1289SMMD00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Matching and Market Design:
Theory and Practice
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • One-sided matching: House allocation and organ exchange • Two-sided matching: Entry-level labor markets • School choice and random assignment • Matching with contracts: Distributional constraints and internet-ad auctions • Large matching markets • Combinatorial assignment and course allocation
3 Learning objectives Students... ... define theoretical models of matching markets. ... use a mixture of theory, experiments, and empirics to analyze existing matching
mechanisms and, if necessary, design better ones
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
342
Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research
9 Module manager Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous More detailed information is available here: http://www.matching.uni-koeln.de/de/lehre
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
343
Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy A
Module code 1302SMFG01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Growth, Inequality and Struc-
tural Change
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content 100 years of technological progress have tenfold increased the per capita income of
OECD countries. In less than one hour, a worker with average productivity produces
the per capita consumption of one day in 1917. Will labor become obsolete in the fu-
ture? If so, is this a blessing or a curse? Does a competitively organized market econ-
omy pay increasingly abundant workers worse and worse? What happened and will
happen to labor’s share in national income? While technical progress raised average
wages, the labor earnings distribution became more and more unequal. Is technical
change inherently biased against some types of skills? Is there a race between technol-
ogy and education? If so, how to win? Biased technical progress changes the relation-
ship between capital and labor, between work and leisure, between skills, between edu-
cation levels, between agriculture, industry and services, between the market and the
state, between the economy and the environment, between regions and countries. This
course presents empirical facts about technical change, structural change and inequal-
ity. It grants an insight into modern growth theory and uses its tools to explain these
stylized facts and to speculate about the future. It studies causes and consequences of
technical change in particular for the affluent society. Topics include (not necessarily in
this order): • Reminder: Neoclassical Growth • The Rate and the Direction of Technical Change • Automation, Work and Leisure. • Sectorial Change (Deindustrialization, Services, Real Estate, Rise of the State) • Technical Change and Persistent Inequality • Labor and Capital: - When does capital accumulation reduce labor’s share? - When does technical change reduce labor’s share? • Labor and Real Estate: How productivity growth generates abundance and poverty • Skilled Labor, Unskilled Labor and the Skill Premium • Globalization and Institutions • Capital-Skill Complementarity • Biased Technical Change • The Affluent Society and its Economic Problems.
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
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4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Macroeconomics or Core Macroeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy B
Module code 1302SMFG02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Macroeconomics of the Labor
Market
Contact
hours 45h
Self-Studies 135h
Course Language English
2 Module content - Dynamic development of work and employment - Search behaviour of employees - Structural and frictional unemployment - cyclical fluctuations in employment and unemployment - Wage setting models - Theoretical motivation of unemployment insurance and dismissal protection - labour market policies
3 Learning objectives Students... ... describe the elementary empirical facts on the topics of the course. ... understand the relevant economic theoretical models on these topics. ... explain selected empirical facts with the help of these models. ... use the models to structure and answer current economic policy questions. ... understand selected scientific papers on the topics of the lecture.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Macroeconomics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
346
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
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347
Specialisation module Foundations in Growth, Labor and Inequality in the Global Economy C
Module code 1302SMFG03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Inequality b) Development Economics
Contact
hours a) 60h b) 45h
Self-Studies a) 120h b) 135h
Course Language a) English b) English
2 Module content The course will be composed of two parts. a) The focus of the first part will be on introducing some of the most important theoreti-
cal models of collective choice (basics of social choice, models of voting and electoral
competition, political agency, special interest politics, corruption, conflict). In the second
part of the course the models and tools developed in the first part will be used to dis-
cuss questions surrounding the topics inequality and redistribution.
b) The course deals with micro- and macroeconomic issues of development econom-
ics based on the results of theoretical and empirical research. The macroeconomic part
will deal with work on the topics of growth and development on an aggregated level as
well as growth factors such as institutions, education and technology. In the microeco-
nomic part, the main topics are health, education, risk and insurance, credit and sav-
ings, and political economy.
3 Learning objectives Students... ... a) apply the approach of new political economy and scrutinize the most important
theoretical models of collective choice and social choice. ... formalize and analyze questions of redistribution and inequality within these models. ... discuss and evaluate the outcomes of different institutional setting with the tools of
collective choice. ... b) ...understand the basic questions and analytical methods in the field of develop-
ment, poverty and inequality. ...discuss and evaluate empirical results and various methods of microeconometric pro-
gram evaluation. ...communicate and apply the appropriate methods for the economic analysis of de-
velopment issues.
4 Teaching and learning methods lecture practice
5 Module entry requirements a) none b) Recommended: Core Module Econometrics
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
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8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous a) Lectures will mostly be based on research articles. Students will be provided with
problem sets, the solutions of which will be (briefly) discussed in class. b) The course
"Development Economics" contains an exercise that requires an increased degree of
self-study
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Specialisation module Topics in Growth, Labor and Inequality in the Global Economy
Module code 1302SMTG00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Determinants of Growth in
Economic History (DGEH) b) Growth, Energy, Climate
(GEC)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content Depending on the chosen course: • Micro- and macroeconomics of economic development (Development Economics) • Topics concerning growth, energy and climate change
3 Learning objectives Students... ... describe the elementary empirical facts concerning the topics covered in the respec-
tive course. ... understand the economic theory models relating to those topics. ... explain the empirical facts using those models. ... use the models to structure and answer current economic policy questions taking into
account the empirical facts.
4 Teaching and learning methods lecture practice
5 Module entry requirements Core module Econometrics I or Core Module Econometrics (Research Track) (DGEH)
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
350
Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Peter Funk
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
351
Specialisation module: Seminar Markets and Institutions
Module code 1302SMSI00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every term
Duration 1 Term
1 Courses Seminar Markets and Institu-
tions
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content Current issues relating to microeconomic theory, empirical microeconomics, experi-
mental economics, markets and institutions in general.
3 Learning objectives Students... ...discuss the current issues in theory and applied practice, applying the microeconomic
knowledge they have acquired on the programme. ...read the theoretical and practical literature on the subject and discuss it in a critical
manner. ... summarise their findings in an essay, present them in class and discuss them with
the other participants. ...engage in academic discourse about specific markets and institutions.
4 Teaching and learning methods seminar
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science International Management: Ergänzungsbereich International Management Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics
9 Module manager Univ.-Prof. Dr. Johannes Münster Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
352
Specialisation module Competition Policy
Module code 1289SMCP00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Competition Policy
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Institutional background: competition policy in Germany, the EU and the US • Market power: theory and measurement • Unilateral abuse of market power: horizontal and vertical restraints on competition • Multilateral abuse of market power: cartels and implicit agreements
3 Learning objectives Students... ... recognise, based on models of competition theory, how competitive markets work. ... discuss the causes of market power and its effects in terms of welfare economics. ... assess, evaluate and debate cases that illustrate competition policy in practice and
use competition theory to analyse them.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Regionalstudien Lateinamerika - Volkswirtschaftslehre: VWL MA Reg Lateinamerika Master of Science Geographie: VWL Master Geographie Regionalstudien China - Volkswirtschaftslehre: VWL MA Reg China Master of Science International Management: Basis- und Aufbaubereich International Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
353
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Business Administration - Media and Technology Management: Schwerpunktbereich Media and Technology Management Ergänzungsbereich Media and Technology Management Regionalstudien Ost- und Mitteleuropa - Volkswirtschaftslehre: VWL MA Reg Osteuropa Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
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Specialisation Module Specific Markets A
Module code 1289SMSM01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Media Economics (Markets &
Institutions)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • The relevant actors on these markets, their objectives and constraints • The interaction between these actors • Market equilibrium, efficiency and frictions
3 Learning objectives Students... ... study methods of economics used for analyzing specific markets, such as, for exam-
ple, health markets or media markets. ... acquire a range of instruments to help them answer questions in connection with
these markets. ... understand basic characteristics of platform markets and markets with network ef-
fects. ... reproduce the relevant theories from Economics and Strategic Management theory. ... apply theory to current questions in platform markets on strategy and public policy.
4 Teaching and learning methods lecture practice
5 Module entry requirements none
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. One course has to be chosen.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science International Management: Ergänzungsbereich International Management Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
355
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
356
Specialisation Module Specific Markets B
Module code 1289SMSM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information problems in
healthcare markets (Master
Economics)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Relevant players on these markets, their objectives and factors of relevance to deci-
sion-making • Relationships between the players and implications for healthcare market design • Analysis of existing healthcare systems within and outside the European region
3 Learning objectives Students... ... understand economic methods that can be used for theoretical analysis of
healthcare markets. ... evaluate health policy measures independently.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
357
Ergänzungsbereich Politikwissenschaft Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
358
Schwerpunktmodul Topics in Markets and Institutions A
Module code 1302SMTM02
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Markets and Institu-
tions A
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • What is regulation? Which industries are regulated and why? • Institutional background of selected industries (e.g. electricity, telecommunication) • Natural monopolies and “essential facilities” • Access to one-sided networks (electricity, fixed-line network, rail) • Access to two-sided networks (mobile telecommunication) • Consumer protection and regulation • Selected current issues in regulation
3 Learning objectives Students... ... describe why certain industries are regulated. ... analyse the possibilities and limitations of regulation. ... apply theoretical knowledge to real cases and industries.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager N.N.
10 Miscellaneous The courses will be held weekly during term or in the form of block tuition.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
359
Specialization Module Topics in Markets and Institutions B
Module code 1302SMTM03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses a) Topics in Markets and Insti-
tutions B b) Empirical Industrial Organi-
zation (Research Track)
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content • Empirical industrial economics • Empirical modelling, econometric methods and economic theory • Competition policy and regulation • Use of statistical and econometric software
3 Learning objectives Students... ... practise applying and assessing empirical methods used in the field of industrial eco-
nomics, based on fundamental and current research contributions (e.g. demand esti-
mation, structural estimation of production functions, models of market entry). ... thereby gain advanced knowledge of econometric methods, apply selected models
used in theoretical industrial economics and assess intervention through competition
policy and regulation.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommendations: Core module Econometrics or Econometrics (Research Track),
core module Microeconomics I or Microeconomics I (Research Track)
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test. Only one course must be attended; the examination refers to
the topic of only one course.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
360
9 Module manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous The "Empirical Industrial Organization (Research Track)" course consists of lectures
and integrated exercise units. In the latter, the students learn how to use statistical and
econometric software and practise applying empirical methods used in industrial eco-
nomics. Additional information will be provided at the beginning of the term in the rele-
vant online systems.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
361
Specialisation Module Topics in Markets and Institutions C
Module code 1302SMTM04
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Information and Strategy (WS
19/20)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • asymmetric information: its implications for markets and strategic interactions in
terms of efficiency, welfare and strategic choices • settings with monetary transfers (like bilateral trade) and without monetary transfers
(like informal advice or voting) • strategic communication and information transmission • information design and Bayesian persuasion
3 Learning objectives Students... ... understand and explain the effects and creation of asymmetric information using
game theoretic tools. ... Students analyze strategic situations that feature information asymmetries. ... Students explain and evaluate current developments in information economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations.
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Christoph Schottmüller
10 Miscellaneous More detailed information is available on the website of the chair.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
362
Specialisation Module Economics of Innovation
Module Code 1302SMEI00
Workload 180h
ECTS Cre-
dits 6
Module
Language English
Module
Availabi-
lity every 2nd
term - sum-
mer term
Duration 1 Term
1 Courses Economics of Innovation
Contact
Hours 60h
Self-Stu-
dies 120h
Course Language English
2 Module Content • Pivotal and current empirical research on selected topics in economics of innovation: - ideas and knowledge production, adoption and diffusion of technologies, mobility of in-
novators - competition in product markets, innovation and economic growth - intellectual property rights, science and basic research, design of incentive mechanisms
for innovators - bounded rational and rational decisions of innovators, firms and consumers in new mar-
kets • Methods of empirical modeling, econometric methods, economic theory and data
sources • Instruments of research policy, innovation policy and growth policy
3 Learning Objectives Students... ... analyse and assess advanced empirical approaches to identifying causal relationships
in the area of economics of innovation. ... use quantitative methods for the evaluation of research, innovation, or growth policy in-
terventions in innovation processes and markets. ... advance their knowledge of econometric methods and build on their knowledge of eco-
nomic theory. ... study the relevance of core characteristics of the relevant data and get to know im-
portant data sources. ... scrutinize current scientific literature ... are introduced to new research questions and guided to develop original research
ideas.
4 Teaching and Learning Methods lecture practice
5 Module Entry Requirements Recommended: Core Modules Econometrics I, Microeconomics, and Macroeconomics in
the M.Sc. Economics or the Core Modules Advanced Econometrics I, Advanced Microeco-
nomics I, and Advanced Macroeconomics I in the M.Sc. Economic Research
6 Mode of End-Of-Module Examination Written test: WT (60)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
363
7 Prerequisites for Awarding of Credit Points Passing the written test.
8 Other Programmes that Use the Module Master of Science Economics: Specialization Section Economics (since Wintersemester 2018/2019) Supplementary Section (since Wintersemester 2018/2019) Master of Science Economic Research: Supplementary Section Economic Research Master of Science Business Administration - Finance: Supplementary Section Finance Master of Science Business Administration - Supply Chain Management: Supplementary Section Supply Chain Management Master of Science Information Systems: Supplementary Section Information Systems Master of Science Business Administration - Corporate Development: Supplementary Section Corporate Development Master of Arts Political Science: Supplementary Section Political Science
9 Module Manager Univ.-Prof. Dr. Susanne Prantl
10 Miscellaneous See the relevant online systems and www.ieam.uni-koeln.de for further information.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
364
Specialisation Module Topics in Macroeconomics and Public Economics
Module code 1302SMTM00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Advanced Taxation Theory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Optimal non-linear taxation: methods • Justification for optimal linear taxes from an information economics point of view • Optimal tax structure: direct versus indirect taxation • Optimal taxation of capital income • Current trends in the literature
3 Learning objectives Students... ...know how to describe an optimal taxation problem in formal terms., ...know how to use the mathematical methods to solve these models, ...describe the established conclusions of optimal tax theory, ...adopt, classify and assess the latest research findings.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: basic knowledge of public economics
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points A pass in the written test. Furthermore, students have to submit problem sets which
make up 25 % of the grade.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Economics: Schwerpunktbereich Economics Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
365
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
366
Specialisation Module Time Series Analysis
Module code 1314SMTS00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term - winter
term
Duration 1 Term
1 Courses Time Series Analysis
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Seasonality and trend • ARIMA models • Estimation and forecasting of ARIMA processes • Goodness of fit and model selection • Stationary tests • GARCH processes • Dynamic regression models • Cointegration and Granger causality • Co-integrated time series
3 Learning objectives Students... ... deepen their knowledge of statistical econometric methods for analysing time series
data. ... specify ARIMA processes as well as estimate and interpret ARIMA parameters. ... predict economic time series. ... model time-varying volatility. ... analyse the dynamic relation between multivariate time series with vector autoregres-
sive models, estimate the effects of economic shocks and interpret the results.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
367
Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
368
Specialisation Module Bayesian Econometrics
Module code 1314SMBE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Bayesian Econometrics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Basic Principles of Bayesian Econometrics • Bayesian Estimators and Numerical Integration • Importance Sampling and Markov-Chain-Monte-Carlo • Gaussian Linear Regression Model with Conjugate Priors • Gaussian Linear Regression Model with Non-Conjugate Priors • Linear Regression Model with General Error Covariance Matrix • Time Series Models • Models for disrcrete dependent variables • Students will practice the use of the methods using econometric software to analyse
economic data
3 Learning objectives Students... ... describe the main Bayesian inference concepts and methods for econometric mod-
els. ... implement Bayesian methods to analyse linear regression and time series models. ... implement modern Monte-Carlo integration methods (MCMC and importance sam-
pling) to analyse a posteriori distributions. ... use Bayesian approaches to compare models and to forecast and test parameter re-
strictions. ... operate Bayesian analyses independently.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Oral examination: OE (30)
7 Prerequisites for awarding of credit points Passing the oral examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
369
Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: • Bauwens, L., Lubrano, M., Richard, J.F. (1999), Bayesian Inference in
Dynamic Econometric Models, Oxford University Press, New York. • Geweke, J. (2005),
Contemporary Bayesian Econometrics and Statistics, John Wiley & Sons, Hoboken. •
Koop, G. (2003), Bayesian Econometrics, John Wiley & Sons, Chichester.• Koop,
G., Poirier, D.J., Tobias, J.L. (2007), Bayesian Econometric Methods, Cambridge Uni-
versity Press, Cambridge. • Lancaster, T. (2004), An Introduction to Modern Bayesian
Econometrics, Blackwell Publishing, Malden. • Robert, C.P., and G. Casella (2004),
Monte Carlo Statistical Methods, Springer-Verlag.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
370
Specialisation Module Statistical Analysis of Financial Data
Module code 1314SMSF00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term- summer
term
Duration 1 Term
1 Courses Statistical Analysis of Financial
Data
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Financial market time series and their properties • Linear time series models • Empirical analysis of the efficiency of securities markets and the predictability of re-
turns on securities • Empirical analysis of the capital asset pricing model • Empirical analysis of intertemporal asset pricing models • Volatility models • Market microstructure and high-frequency data • The students apply the methods they have learned in computer-aided exercises using
econometric software to analyse financial market data
3 Learning objectives Students... ... describe the stylised facts relating to financial market data. ... use financial market econometrics models. ... conduct empirical analysis and studies of financial market time series independently. ... understand and critically assess current academic contributions to empirical financial
market research. ... apply statistical econometric methods with which to forecast and model univariate
and multivariate financial market time series.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Econometrics and/or Specialisation Module Advanced
Statistics I and II.
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
371
Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Reading list: - Campbell, J.Y., Lo, A.W. and A.C.MacKinlay (1997), The Econometrics
of Financial Markets, Princeton University Press, Princeton. - Gourieroux, C. and J.
Jasiak (2001), Financial Econometrics, Princeton University Press, Princeton. - Schmid,
F. and M. Trede (2005), Finanzmarktstatistik, Springer, Berlin. - Taylor, S. (1986), Mod-
elling Financial Time Series, John Wiley & Sons, Chichester. - Taylor, S. (2005), Asset
Price Dynamics, Volatility, and Prediction, Princeton University Press, Princeton. - Tsay,
R. (2010), Analysis of Financial Time Series, 3rd. ed., John Wiley & Sons, New York.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
372
Specialisation module Advanced Statistics (Stochastic Processes)
Module code 1314SMAS03
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Statistics II (Stochas-
tic Processes)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • ANOVA • Interval estimation • Bootstrap • Non-parametric tests (Independence tests, rank tests) • Stochastic processes (Martingale, Markov strings)
3 Learning objectives Students... ... deepen their knowledge of probability theory and stochastic modelling. ... calculate and interpret probabilities and tests. ... model economic phenomena with the aid of random variables and stochastic pro-
cesses.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Economics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
373
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
374
Specialisation Module Advanced Statistics (Statistical Inference)
Module code 1314SMAS01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Statistics (Statistical
Inference)
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content • Sampling • Theory of point and interval estimation and estimation methods • Theory of hypothesis testing and test procedures • Estimation and testing for stochastic processes
3 Learning objectives Students... ... deepen their knowledge of parameter estimation and testing of statistical hypotheses. ... outline the fundamentals of statistical data collection methods. ... conduct point and interval estimation and hypothesis testing. ... perform special parametric and non-parametric estimations and tests. ... perform statistical inference analysis of stochastic models.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Solid basic knowledge of probability theory gained in bachelor degree,
Core Module in Mathematics (BSc in Economics/Business Administration) and core and
advanced modules in Statistics (BSc in Eco-nomics/Business Administration).
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Basis- und Aufbaubereich Finance Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Basis- und Aufbaubereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Basis- und Aufbaubereich Corporate Development Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
375
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Basis- und Aufbaubereich Marketing Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Basis- und Aufbaubereich Media and Technology Management Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Core and Advanced Section Accounting and Taxation Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
376
Specialisation Module Topics in Statistics A
Module code 1314SMTS01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics A
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
377
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
378
Specialisation Module Topics in Statistics B
Module code 1314SMTS02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Statistics B
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special statistical and econometric methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
379
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
380
Specialisation Module Topics in Econometrics C
Module code 1314SMTE03
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every fourth
term
Duration 1 Term
1 Courses Topics in Econometrics C
Contact
hours 60h
Self-Studies 120h
Course Language German and English
2 Module content • Latest statistical and econometric methods • Applications in business administration, management studies and economics and so-
cial sciences
3 Learning objectives Students... ... deepen their knowledge of special econometric and statistical methods and how they
are applied in empirical economic research.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
381
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Economic Research: Supplementary Section Economic Research
9 Module manager Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
382
Specialisation Module Seminar Statistics and Econometrics
Module code 1314SMSS00
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Seminar in Statistics and Econ-
ometrics
Contact
hours 30h
Self-Studies 150h
Course Language German and English
2 Module content The seminar covers topics from areas such as: • Time series analysis • Microeconometrics • Macreconometrics • Panel econometrics • Financial market econometrics and statistics • Bayesian econometrics and statistics • Non-parametric methods • Analysis of stochastic processes • Statistical inference
3 Learning objectives Students... ... analyse specialist literature on the subject. ... critically assess contemporary statistical and econometric methods. ... apply contemporary statistical and econometric methods independently in practice to
analyse real data. ... write and present a paper in accordance with academic standards.
4 Teaching and learning methods seminar
5 Module entry requirements Recommended: Core module Econometrics I and/or specialisation module Advanced
Statistics (Stochastics Processes) or Advanced Statistics (Statistical Inference)
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination.
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
383
Schwerpunktbereich Economics (ab Wintersemester 2018/2019) Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Economics: Schwerpunktbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Roman Liesenfeld Univ.-Prof. Dr. Dominik Wied
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
384
Stduies Abroad in Economics A
Module code 1428STiE01
Workload 180h
ECTS credits 6
Module Lan-
guage
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods depending on course choice
5 Module entry requirements
6 Mode of end-of-module examination TR - depending on course selection
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
385
Stduies Abroad in Economics B
Module code 1428STiE02
Workload 180h
ECTS credits 6
Module Lan-
guage
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content
3 Learning objectives Students...
4 Teaching and learning methods depending on course choice
5 Module entry requirements
6 Mode of end-of-module examination TR - depending on course selection
7 Prerequisites for awarding of credit points
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
386
Core Module Advanced Mathematics
Module code 1314BMAMa0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Mathematics for
Economists
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Overview of elementary mathematical concepts - Metric and standardized spaces - Linear algebra - Differential calculus and applications - Convex sets and concave functions - Optimisation
3 Learning objectives Students... ... apply mathematical argumentation and proof techniques correctly. ...formulate economic problems occurring in research mathematically and solve them.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
387
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Martin Barbie
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
388
Core Module Advanced Experimental Methods
Module code 1289BMAEM0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Experimental Me-
thods
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Experimental Methods in economic sciences - Experimental design - Practical execution of experiments - Evaluation of data from economic experiments
3 Learning objectives Students... ... understand different methods and know application areas of experimental economic
research. ... apply the methods, evaluate them, and interpret experimental data. ... use the technical language in a manner appropriate to the addressee.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
389
Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Economic Research: Specialization Section Economic Research
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous Literatur Experimental Methods: Friedman and Sunder, Experimental Methods: A Pri-
mer for Economists, Cambridge University Press (1994)
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
390
Core Module Advanced Computational Methods
Module code 1289BMACM0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Computational Methods
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Programming numerical algorithms - Numerical approximation - Numerical solution of zeroing and optimization problems - Application to canonical economic problems - Parametrization, solution and simulation of structural economic models
3 Learning objectives Students... ...apply numerical methods and programs for the solution and simulation of quantitative
structural economic models. ... interpret results of the application of numerical models. ...use the technical language in a way that is appropriate for the target group.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
391
Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Economic Research: Specialization Section Economic Research
9 Module manager Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
392
Core Module Advanced Microeconomics I
Module code 1289BMAMi1
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Microeconomics I
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Theory of household and demand - Theory of the enterprise and the supply - Market equilibrium
3 Learning objectives Students... ... understand modern microeconomic concepts. ... are proficient in the most important techniques of microeconomic analysis, such as
the analysis of individual decision-making behaviour. ... use mathematical models to investigate price formation in markets. ... modify these models to recognize their limitations and to analyze the effects of politi-
cal interventions.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Good basic knowledge of microeconomics and mathematics.
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Specialization Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
393
Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
394
Core Module Advanced Microeconomics II
Module code 1289BMAMi2
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Microeconomics II
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Static games with complete information: Nash Equilibrium, Mixed Strategies - Dynamic games with complete information: subgame perfect Nash Equilibrium, one-
shot deviation principle, bargaining, forward induction - Static games with incomplete information: Bayesian Nash Equilibrium, auctions - Dynamic games with incomplete information: Perfect Bayesian Nash Equilibrium and
refinements, signaling games - Mechanism design and social preferences aggregation - Current developments in game theory and mechanism design
3 Learning objectives Students... ...acquire and deepen methodological knowledge in the field of modern game theory
and machinism design. ...discuss the latest developments in game theory.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Specialization Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
395
Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Christoph Schottmüller
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
396
Core Module Advanced Macroeconomics I
Module code 1302BMAMa1
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Macroeconomics I
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Stylized facts: growth and business cycyles - Dynamic optimization in continuous time and in discrete time under uncertainty - Stability and uniqueness of dynamic systems - The canonical neoclassical growth model - Exogenous and endogenous growth - Real business cycles (TFP and fiscal policy shocks) - Numeral solutions, simulation and evaluation of structural models - Calibration and introduction in structural estimation of model parameter
3 Learning objectives Students... ... analyze and solve the canonical models of real business cycle and growth theory at
an advanced methodological level. … apply the mathematical and numerical methods necessary to do so. ... tailor and apply these models to answer positive and normative research questions
in the areas of growth and business cycle fluctuations. … discuss the strengths and weaknesses of these models in terms of their assump-
tions and implications. … parameterize models using filtered data und assess the goodness of fit. ... develop analytical skills required for research activities and further studies (doctor-
ate). … gain an understanding of the most important strands of the literature that prepares
them for their own research at an advanced level.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
397
Specialization Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Peter Funk Univ.-Prof. Dr. Johannes Pfeifer
10 Miscellaneous Useful references are: - Acemoglu, Daron (2008). Introduction to modern economic
growth. Princeton University Press. - McCandless, George T. (2008). The ABC of
RBCs. Harvard University Press. - King, Robert G. and Sergio T. Rebelo (1999).
“Resuscitating real business cycles”. Handbook of macroeconomics. Ed. by John B.
Taylor and Michael Woodford. Vol. 1. Elsevier, 927–1007. - Chow, Gregory C.
(1997). Dynamic economics: optimization by the Lagrange method. Oxford: Oxford Uni-
versity Press. - Ljungqvist, Lars and Thomas J. Sargent (2012). Recursive macroeco-
nomic theory. 3rd ed. Cambridge, MA: MIT Press. - Stokey, Nancy, Robert E. Lu-
cas, and Edward C. Prescott (1989). Recursive methods in economic dynamics. Har-
vard University Press.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
398
Core Module Advanced Macroeconomics II
Module code 1302BMAMa2
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Macroeconomics II
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Complete markets and representative agents - Incomplete markets and heterogenous agents - Fiscal policy, public debt, and optimal taxation - Transaction frictions and monetary policy - Open economy macroeconomics - New Keynesian macroeconomics - Labor market frictions and Labor market fluctuations
3 Learning objectives Students... ...master core macroeconomic concepts for solving positive and normative problems
and acquire skill for innovative research. ... deepen their knowledge of short- and medium-run macroeconomic developments
and of efficient conduct of policy measures. …evaluate and discuss the impact of empirically relevant frictions in goods, financial
and labor markets. … recognize possibilities to enhance social welfare in a general equilibrium framework
with incomplete markets. ... Identify the optimal implementation of macroeconomic instruments under relevant
policy trade-offs. ... question and assess societal developments, in particular, inequality and unemploy-
ment, and reflect current policy measures with regard to potential research projects.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Specialization Section Economic Research
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
399
Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Michael Krause, Ph.D. Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous Useful references are Ljungqvist, Lars and Thomas J. Sargent (2012). Recursive mac-
roeconomic theory. 3rd ed. Cambridge, MA: MIT Press; Gali, J. (2015) Monetary Pol-
icy, Inflation, and the Business Cycle An Introduction to the New Keynesian Framework
and Its Applications, 2nd ed., Princeton University Press. Schmitt-Grohe, S., and Uribe
M. (2017). Open Economy Macroeconomics, Princeton University Press
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
400
Core Module Advanced Econometrics I
Module code 1314BMAEc1
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every 2nd
term - winter
term
Duration 1 Term
1 Courses Advanced Econometrics: The-
ory
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - The classic linear model - Tests in the classical linear model - Specification of econometric models - Generalized linear model - panel data regression - Time series econometric methods - Instrument Variables / GMM - Asymptotic Inference
3 Learning objectives Students... ...have basic knowledge of econometric methods, which enable them to understand sci-
entific contributions in the field of empirical economic research and to assess the prop-
erties of quantitative methods. ...model economic relationships econometrically and choose between alternative model
specifications. ...estimate parameters with suitable methods and carry out hypothesis tests.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: WT (60)
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Specialization Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
401
Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous This course presents econometric tools for the analysis of cross-sectional data, time se-
ries and panel data at doctoral level.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
402
Core Module Advanced Econometrics II
Module code 1314BMAEc2
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Econometrics: Appli-
cations
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Evaluation of causal effects - Fixed effects and difference-in-difference estimator - Regression discontinuity designs - Robust standard errors and clustering - Structural estimates with experimental data
3 Learning objectives Students... ... implement estimation methods and test procedures. ... discuss situation estimation and testing procedures. ... apply appropriate econometric models and the corresponding inference methods. ... carry out empirical studies in modern macro- and microeconometrics. ... report on their approach and their results.
4 Teaching and learning methods lecture practice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination Written test: TP
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Economic Research: Core and Advanced Section Economic Research Specialization Section Economic Research Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Business Administration - Marketing:
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
403
Ergänzungsbereich Marketing Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Mathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Wirtschaftsmathematik: VWL MA Mathe/Wirtschaftsmathe Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Jörg Breitung
10 Miscellaneous This course presents econometric tools for the analysis of cross-sectional data, time se-
ries and panel data at doctoral level.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
404
Specialization Module Market Design and Mechanism Design
Module code 1289SMMD01
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Matching and Market Design:
Theory and Practice
Contact
hours 30h
Self-Studies 150h
Course Language English
2 Module content Matching Markets, Mechanism Design with and without monetary transfers
3 Learning objectives Students... ... understand leading theoretical models of mechanism market design with and without
monetary transfers. ... analyze existing mechanism market designs based on a portfolio of theories, experi-
ments and empirical analyses. ... improve existing mechanism market designs.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Knowledge of game theory
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points Passing the combined examination
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Christoph Schottmüller Univ.-Prof. Dr. Alexander Westkamp
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
405
Specialization Module Political Economy and Media Economics
Module code 1289SMPE00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Political Economics and Media
Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Aggregation of preferences and information on socially relevant issues - Models of political competition in democracies, e.g. on social issues, taxation and re-
distribution - Behavioural economic aspects of political competition - Interaction of media markets and politics
3 Learning objectives Students... ... know classical and current research results in the field of Political Economics. ...understand formal models of political competition in democracies. ...explain empirical findings with the help of these models. ...discuss the current state of research and implications for society.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Knowledge of game theory, knowledge of consumer behaviour theory
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Matthias Messner Univ.-Prof. Dr. Johannes Münster
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
406
Specialization Module Advanced Public Economics
Module code 1302SMAPE0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Advanced Public Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Optimal income taxation - Optimum excise duties - Optimal combination of direct and indirect taxes - Taxation of capital income - Corporate taxation - Political economy of redistributive taxes - Sufficient statistics approaches - perturbation method - Mechanism design
3 Learning objectives Students... ... analyse tax and expenditure policy. ... discuss conflicts between efficiency and distribution targets. ... apply methods for the formal analysis of optimal tax systems. ... apply methods for the formal analysis of tax reforms.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: basic knowledge of differential calculus, optimization problems with
constraints, knowledge of consumer theory, knowledge of game theory
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Felix Bierbrauer
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
407
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
408
Specialization Module Advanced Behavioral Economics
Module code 1289SMABE0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Behavioral Economics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content Departing from a general treatment effects framework, this module focuses on econo-
metric methods that are of particular use to behavioural economists. Examples are
sampling and power analysis, treatment effects with and without randomization, dis-
crete choice, Bayesian updating, mediation analysis, treatment effect decompositions
as well as more structural behavioural methods.
3 Learning objectives Students... ... understand what statistical/econometric considerations to take into account when
generating their own data in a lab or field experiment. ... know how to choose appropriate estimators to tackle questions in behavioural eco-
nomics. ... know how to evaluate societally relevant policies (e.g. social or gender policies) from
a behavioural economic perspective. ... know how to read/judge empirical papers in behavioural economics.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Microeconomics I
6 Mode of end-of-module examination Portfolio: PO
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Pia Pinger
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
409
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
410
Specialization Module Frictions, Technology, and Inequality
Module code 1302SMFTI0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses a) Technical Change, Labor,
and Inequality b) Fragile Financial Markets
Contact
hours a) 60h b) 60h
Self-Studies a) 120h b) 120h
Course Language a) English b) English
2 Module content LV a) • Balanced and imbalanced growth and the dynamics of inequality in standard models
with capital, skilled labor, and unskilled labor. • Directed technical change, balanced growth and persistent inequality. • Automation in models with directed technical change: Causes and implications. Ro-
bots: Curse or Blessing? Robots and Taxes. • Persistent inequality and the dynamics of skill acquisition and labor supply. • Polarization in models with occupations and tasks. Assignment models. • Technical change and labor market issues: labor reallocation, unemployment, and
public policy. • Empirical analysis of the causes and consequences of technological change and
earnings inequality. • Episodes of fundamental technical change as quasi-experimental settings for causal
inference.
LV b) • Asymmetric information and financial acceleration • Limited enforcement und endogenous financial constraints • Pecuniary externalities in financial markets and fire sales • Financal regulation and corrective policies
3 Learning objectives Students... … develop the analytical skills to apply theoretical models dealing with the issues of this
specialization … master advanced methods to explain empirical facts and relevant social develop-
ments (e.g. automation, financial instability) and to reflect policy measure …discuss distributional aspects of technological change, market incompleteness, and
externalities ... communicate and apply the appropriate methods for the economic and econometric
analysis of issues in this specialization ... discuss and evaluate empirical results and econometric methods for hypothesis test-
ing and causal inference
4 Teaching and learning methods lecture practice
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
411
5 Module entry requirements Recommended: Core Module Advanced Macroeconomics I, Core Module Advanced
Econometrics I; Core Module Advanced Macroeconomics II kann parallel gehört werden
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager Univ.-Prof. Dr. Peter Funk Univ.-Prof. Dr. Erik Hornung Univ.-Prof. Michael Krause, Ph.D. Univ.-Prof. Dr. Andreas Schabert
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
412
Specialisation Module Microeconometrics
Module code 1314SMMi00
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every fourth
term
Duration 1 Term
1 Courses Microeconometrics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Limited dependent variables - Identification and estimation of causal effects (treatment effects) - Analysis of panel data - Quantile regression and distribution regression - Nonparametric density estimation and regression.
3 Learning objectives Students... ... deepen their knowledge of microeconometric methods for discrete and limited de-
pendent variables required for empirical analysis of corporate, household or customer
behaviour based on individual data. ... conduct empirical studies on (micro)economic questions independently. ... understand and critically assess current contributions to research in applied microe-
conometrics.
4 Teaching and learning methods lecture practice project
5 Module entry requirements Recommended: Core Module Econometrics I, Advanced Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Economic Research: Specialization Section Economic Research Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
9 Module manager Univ.-Prof. Dr. Jörg Breitung Univ.-Prof. Dr. Dominik Wied
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
413
10 Miscellaneous
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
414
Specialization Module Time Series Econometrics
Module code 1314SMTSE0
Workload 180h
ECTS credits 6
Module Lan-
guage English
Module
availability every second
semester -
summer term
Duration 1 Term
1 Courses Time Series Econometrics
Contact
hours 60h
Self-Studies 120h
Course Language English
2 Module content - Uni- and multivariate linear time series processes - Vector Autoregressive (VAR) Models - Structural analysis in the context of VARs - Bayesian VARs - state-space models - Uni- and multivariate volatility models
3 Learning objectives Students... ... deepen their knowledge of econometric methods for the analysis of time series. ... specify ARMA, VAR and state space processes and analyze their theoretical proper-
ties. ... investigate the dynamic dependencies between time series with the help of impulse
response functions and interpret them. ...gain knowledge in classical and Bayesian methods for inference in time series mod-
els and implement them. ... use time series models to forecast economic time series. ... model time-varying dynamic volatility.
4 Teaching and learning methods lecture practice
5 Module entry requirements Recommended: Core Module Econometrics I and II, Advanced Econometrics I
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points Passing the exam.
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
415
9 Module manager Univ.-Prof. Dr. Robinson Kruse-Becher Univ.-Prof. Dr. Roman Liesenfeld
10 Miscellaneous Literature: Bauwens, L., Lubrano, M., Richard, J.-F., (1999), Bayesian Inference in Dy-
namic Econ-ometric Models, Oxford University Press, New York. Hamilton, J.D. (1994),
Time Series Analysis, Princeton University Press, Princeton. Lütkepohl, H. (2006), New
Introduction to Multiple Time Series Analysis, Springer, Berlin
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
416
Specialization Module Selected Issues in Economic Research I
Module code 1287SMER01
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability irregular
Duration
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content depending on course choice
3 Learning objectives Students... ... depending on course choice
4 Teaching and learning methods depending on course choice
5 Module entry requirements depending on course choice
6 Mode of end-of-module examination Written test: WT (90)
7 Prerequisites for awarding of credit points depending on course choice
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager N.N.
10 Miscellaneous Can be offered in English or any other language at the host university. This module can
be studied at a foreign university. In this case there is a standardized crediting proce-
dure. Information on course crediting (deadlines and procedures) can be obtained from
the Crediting Centre (WiSo Crediting Centre: https://www.anrechnungwiso.uni-ko-
eln.de/). This module can also be attended as part of a summer school organised by
the WiSo Faculty. In this case, the prior registration for the exam must be carried out in
accordance with the WiSo Faculty regulations.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
417
Specialization Module Selected Issues in Economic Research II
Module code 1287SMER02
Workload 180h
ECTS credits 6
Module Lan-
guage German and
English
Module
availability irregular
Duration
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content depending on course choice
3 Learning objectives Students... ... depending on course choice
4 Teaching and learning methods depending on course choice
5 Module entry requirements depending on course choice
6 Mode of end-of-module examination Combined examination: PRES, TP
7 Prerequisites for awarding of credit points depending on course choice
8 Other programmes that use the module Economic Research: Specialization Section Economic Research Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019)
9 Module manager N.N.
10 Miscellaneous Can be offered in English or any other language at the host university. This module can
be studied at a foreign university. In this case there is a standardized crediting proce-
dure. Information on course crediting (deadlines and procedures) can be obtained from
the Crediting Centre (WiSo Crediting Centre: https://www.anrechnungwiso.uni-ko-
eln.de/). This module can also be attended as part of a summer school organised by
the WiSo Faculty. In this case, the prior registration for the exam must be carried out in
accordance with the WiSo Faculty regulations.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
418
Studies Abroad I (Master)
Module code 1014SAEr01
Workload 360h
ECTS credits 12
Module Lan-
guage
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content Depends on chosen course
3 Learning objectives Students... ... describe approaches to business administration, economics and social sciences from
an international ... perspective. ... explain international issues in the areas of business administration, economics and
social science. ... discuss and compare different theories and approaches in business administration,
economics and ... social science. ... develop new intellectual perspectives with regard to their own education. ... recognize the dynamic, global dimensions of their professional future.
4 Teaching and learning methods depending on course choice
5 Module entry requirements No recommendations
6 Mode of end-of-module examination TR - depending on course selection
7 Prerequisites for awarding of credit points Depends on chosen course
8 Other programmes that use the module Master of Science Business Administration - Finance: Ergänzungsbereich Finance Master of Science Business Administration - Supply Chain Management: Ergänzungsbereich Supply Chain Management Master of Science Information Systems: Ergänzungsbereich Information Systems Master of Education Wirtschaftspädagogik/Lehramt an Berufskollegs: Ergänzungsbereich Wirtschaftspädagogik Master of Science Business Administration - Corporate Development: Ergänzungsbereich Corporate Development Master of Science Economics ab WS 18/19: Ergänzungsbereich Economics (ab Wintersemester 2018/2019) Master of Science Business Administration - Marketing: Ergänzungsbereich Marketing
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
419
Master of Science Economics: Ergänzungsbereich Economics Master of Arts Politikwissenschaft: Ergänzungsbereich Politikwissenschaft Master of Science Business Administration - Media and Technology Management: Ergänzungsbereich Media and Technology Management Master of Science Business Administration - Accounting and Taxation: Ergänzungsbereich Accounting and Taxation Master of Science Sociology and Social Research: Ergänzungsbereich Sociology and Social Research
9 Module manager
10 Miscellaneous Language: can be held in English or in any language offered at the host university. This
module can be studied at a higher education institution in another country. There is a
standardised crediting procedure for such cases. Information about course crediting
(deadlines and procedures) can be obtained from the Credit Transfer Centre (WiSo
Credit Transfer Centre: https://www.anrechnungwiso.uni-koeln.de/) This module can
also be taken as part of a summer school organised by the WiSo Faculty. In this case,
students must register for the examination in accordance with the rules of the WiSo
Faculty prior to embarking on the module.
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
420
3.6.4 Master‘s thesis
Master's Thesis in Economics
Module code 1302MaEc00
Workload 720h
ECTS credits 24
Module Lan-
guage German and
English
Module
availability every term
Duration 1 Term
1 Courses
Contact
hours
Self-Studies
Course Language
2 Module content The topic of the master’s thesis must reflect the economic methods learned during the
programme.
3 Learning objectives Students... ... are familiar with current debate on economic theories and methods and make use of
it through their own independent research work. ... identify questions and issues that meet academic requirements. ... work on these questions independently, using the main primary and secondary litera-
ture. ... formulate theoretical and methodical (qualitative and/or quantitative) approaches to
academic research. ... draw up a research plan and implement it independently. ... organise and design an academic research process. ... independently collect relevant data and evaluate them in a methodically competent
manner. ... discuss theoretical and methodical problems in depth with teaching staff, other stu-
dents and persons with an interest in the field. ... critically assess research findings and derive conclusions from them that are relevant
to research and society.
4 Teaching and learning methods Masterthesis
5 Module entry requirements 60 ECTS credits obtained
6 Mode of end-of-module examination Written test 6 months
7 Prerequisites for awarding of credit points Passing the written test.
8 Other programmes that use the module Master of Science Economics ab WS 18/19: Masterarbeit Economics (ab Wintersemester 2018/2019) Master of Science Economics: Masterarbeit
MODULE CATALOGUE - ECONOMICS - MASTER OF SCIENCE
421
9 Module manager Univ.-Prof. Michael Krause, Ph.D.
10 Miscellaneous The master’s thesis may be written in German or English.