Module: Methods in Economics 2 (5205-430)
- Persons:
-
- N.N. (verantwortlich)
- Degree Program:
-
-
International Business and Economics (WS 16/17) (Master, since 01.10.2016)
1. Semester, compulsory -
International Business and Economics (WS 17/18) (Master, since 01.10.2016)
1. Semester, compulsory
-
International Business and Economics (WS 16/17) (Master, since 01.10.2016)
- Relation to other Modules:
- None
- Prerequisites for Attendance:
-
Basic knowledge in analysis
- Sprache:
- English
- ECTS:
- 4,5 credits
- Frequency:
- beginning every winter semester
- Length of the Module:
- 1 semester
- Final examination:
- written exam
- Length of the examination:
- 90 minutes
- Workload:
-
135 hours: 56 hours lecture 79 hours preperation and follow-up, take-home exercises, perperation for the exam and exam
- Professional competences:
-
Students are already acquainted with basic conecepts from analysis and linear algebra as well as static and dynamic optimization methods . Building upon the know-how obtained during their undergraduate/Bachelor‘s studies, students are able to apply the advanced methods acquired in the course to formulate and solve complex economic problems. More generally, students understand the rationale and power behind formal model based analysis of economic problems. They are in a good position to apply the methodology within a wide variety of specific economic problems and to distill the economic intuition behind formally derived model results.
Courses
Code | Title | Type | Bindingness | Course catalogue |
---|---|---|---|---|
5205-411 | Optimization in Economic Theory (reading) | lecture | compulsory | |
5205-412 | Optimization in Economic Theory (exercises) | exercise | compulsory |