European Economy and Business Management

On completion of this course the students should be able to take on simple business management tasks in a company and to illustrate business management problems in simple models with the aid of the most relevant functions in spreadsheets as well as to present them by means of text documents and presentations in an efficient and professional way.

On completion of this course the students will have a fundamental understanding of business administration. Understanding business management correlations also enables students to properly integrate future modules into their degree programs, especially those in the fields of management and finance & accounting, and to establish links to related disciplines (e.g. law, economics, etc.)

On successful completion of this course the students should be able to knowledgeably assess and deal with problems pertaining to civil law that occur in everyday economic life (such as inability to bring a contract to conclusion, lack of will power to complete a contract or a defective contract execution). The students should also be able to carry out informed discussions with experts in the field of civil law.

Nach positiver Absolvierung dieser Lehrveranstaltung sind die Studierenden in der Lage, korrektes und angemessenes Vokabular, sowie korrekte und angemessene Grammatik mündlich und schriftlich anzuwenden, um in unterschiedlichen arbeitsbezogenen Situationen effizient zu kommunizieren.

On successful completion of this class students will be able to 1) work with the system and components of double entry book-keeping, 2) enter simple transactions, such as wages, taxes, sundry expenses, etc., 3) enter both sales and purchasing transactions, 4) prepare simple closing entries, 5) and draw up balance sheet and income statement, 6) explain the difference between entries affecting and not affecting net income, 7) and superficially analyse balance sheets and income statements

After the completion of this course, the students will have a fundamental understanding of business administration. They will therefore be able to take on simple business management tasks in a company and to illustrate business management problems in simple models with the aid of the most relevant functions in spreadsheets as well as to present them by means of text documents and presentations in an efficient and professional way. Understanding business management correlations also enables students to properly integrate future modules in their degree program, esp. those in the fields of management and finance & accounting, and to establish links to related disciplines (e.g. law, economics, etc.)

On completion of this course, the students should be able to explain the basic concepts of the mathematical methods of financial mathematics, linear algebra as well as one or multi dimensional analytical approaches. They will be in the position to also apply these to the problematic issues of business sciences. Furthermore, the students should be capable of applying the basic analytical methods of descriptive statistics i.e. location, distribution and the dependency levels of statistical frequency, and be able to calculate and interpret the probability distribution.

On completion of this course, the students should be able to understand current political science issues being discussed in the public, and to form their own opinions. The students will have been given a broad overview of the subjects "political science" and "economics", their range of topics, scope of work, methods, as well as important research approaches. The students will understand the basic concepts and should be able to apply them.

On completion of this course, the students should be able to effectively give presentations about themselves and their companies while also being able to represent their corporations at negotiating tables in a goal-oriented manner. Varied and applied methods could be used in these areas.

On a positive completion of this course, the students should be able to apply learning methods that will make it easy for them to record information and increase their retention ability. The students should be individually capable of applying these learning methods. They will have a repertoire of time planning tools to enable them better organize their daily routines and help eliminate procedure related stressors.

On completion of this course the students should be able to find and evaluate research questions in the context of a scientific work. They will be able to differentiate between relevant methods as well as being able to use them.

On successful completion of this course the students should be able to knowledgeably assess and deal with problems pertaining to company law that occur in everyday economic life (such as, return of capital, legitimacy of the sale of company shares). The students should also be able to carry out informed discussions with experts in the field of company law.