As with other subjects in the Social Sciences, Economics examines the laws of human interaction. Unique to this subject is its particular perspective, from which it develops its statements; for example, the behavior of individuals and groups is attributed to the fact that scarcity exists. Scarcity explains basically, why people organize labor and bargain with each other. Moreover, with this basic model, various phenomena are explained. Some examples:
In addition to the explanations of laws in Economics, recommendations are also given for the formulation of social rules and policies. For this, a target is required, which is met through rules and policies. Based on the laws of human interaction, the following issues may be discussed:
In the Assessment Year, students become familiar with the fundamental questions of Economics. Students learn about current relevant theories and how to apply these to specific social issues. Microeconomics I in the Autumn Semester complements Macroeconomics I in the Spring Semester in terms of methodology and content.
Introduction to Economics A: Microeconomics I
The course consists of two parts: Contact Studies and Independent Studies.
In this part of the course, an overview of the different topics of economic research is provided in the lecture. Exercises take place parallel to the lecture and require students to reinforce the introduced theories and apply them to practical problems based on specific tasks. The aim, therefore, is to primarily strengthen your methodological skills.
In the independent study part, students are provided with current case studies that they are expected to use and work with, applying the theories presented in the lecture. The primary goal here is to utilize and strengthen students’ abilities and apply theories to assess practical problems.
Introduction to Economics B: Macroeconomics I
The course consists of two parts: Contact Studies and Independent Studies.
In this part of the course, an overview of the different topics of economic research is provided in the lecture. Exercises take place parallel to the lecture and require students to reinforce the introduced theories and apply them to practical problems based on specific tasks. The aim, therefore, is to primarily strengthen your methodological skills.
In the independent study part, students are provided with current case studies that they are expected to use and work with, applying the theories presented in the lecture. The primary goal here is to utilize and strengthen students’ abilities and apply theories to assess practical problems.