Module: Economics and Management (5205-410)

Persons:

• Prof.Dr. Benjamin Jung (verantwortlich)

Degree Program:

• Bioeconomy (starting WS 16/17) (Master, since 01.04.2017)
  1. Semester, semi-elective

Relation to other Modules:

This module introduces to basic concepts used in Economics and Management required to accomplish the MSc Bioeconomy. It doing so, it (i) complements the semi-elective modules imparting basic knowledge in the agricultural and natural science, and (ii) forms the basis for the more advanced compulsory modules “Internal and External Costs & Benefits of Biobased Products” and “Markets, Innovation and Social Acceptance of Biobased Products”, and for elective modules from the fields of Economics and Management.

Prerequisites for Attendance:

None

Sprache:

English

ECTS:

6 credits

Frequency:

every winter semester

Length of the Module:

1 semester

Module examination:

Written exam (60 Minutes) and case study with oral presentation in class

Workload:

56 h presence + 104 h preparation at home + exam = 160 h

Professional competences:

Students have a sound knowledge of basic ideas and concepts of economics and corporate finance. They can communicate these ideas and concepts in interdisciplinary teams. They are able to employ methods used in economics and corporate finance to construct solutions to real-world problems that arise the context of organizing the biobased economy. On this basis, they are prepared to follow more advanced Economics and Management courses.

Key competences:

Students are able to communicate and to work in interdisciplinary and international teams. They can think analytically and critically and employ quantitative methods to solve economic, business, and social issues. They are able to carve out important and to abstract from less important channels.

Courses