European Economy and Business Management

After successful completion of the course, students will be able to:

• Apply situation- and topic-appropriate vocabulary orally and in writing, also in regards to topical international and sustainable developments
• Correctly use basic and advanced English grammar
• Read and debate about current topics
• Communicate successfully in a variety of business-related situations
• Carry out a needs analysis using leading and opening questions
• Deal with questions (respond to questions, propose a change)
• Brainstorm and promote collaboration in a meeting
• Present and defend ideas
• Describe consequences
• Manage challenging conversations
• Write different types of e-mails, and graph descriptions

After successful completion of the module, students will be able to:

• Apply situation- and topic-appropriate English vocabulary orally and in writing, also in regards to topical international and sustainable developments
• Correctly use basic and advanced English grammar
• Communicate successfully in business-related situations, using a variety of situationally-appropriate English phrases
• Write different types of business texts in English
• To differentiate various management areas
• Apply basic management concepts to business cases (examples)
• Express their knowledge of basic management concepts in German and English.

• LO 1.4./ ILO 4 be aware of and understand international and intercultural characteristics in work-related situations
• LO 2.1/ ILO 5 debate main global economic, legal and political developments and their impact for a company’s business environment
• LO 2.2/ ILO 6 investigate and implement proper means to promote sustainable (socially, economically and environmental) company development within an international environment
• LO 4.3 / ILO 8 communicate effectively in business-related, intercultural situations in English, using appropriate English vocabulary and interculturally appropriate communicative strategies, as well as in an elective language (French, Spanish or Russian)
• LO 3.1. carry out measures of management consultancy

After successful completion of the module, students will be able to:

• apply current standards of accounting
• provide entries for day-to-day business transactions
• prepare simple financial statements
• superficially analyse real-life financial statements and draw first conclusions on the company’s economic situation
• argue legally in the field of private business law and draw first conclusions on the company’s legal situation
• analyse and solve practical cases in private business law

• LO 2.1./ILO5 debate main global economic, legal and political developments and their impact for a company’s business environment
• LO 3.2 apply current standards of accounting and finance

After successful completion of the course, students can show the effects of elementary operational business decisions on the performance of a company and how they are reflected in finance and accounting. They also can illustrate the essential relationships and interactions between the balance sheet, income statement, cash flow and profitability ratios (2).
LO 3.1. carry out measures of management consultancy

Beginners: CEFR Spanish and French Pre-A1/A1/A2, Russian Pre-A1/A1Students with prior knowledge: CEFR – one level higher than starting level
After successful completion of this module, students can:

• formulate questions and instructions on familiar topics which have simple, linguistic structures
• express themselves using simple, mainly isolated phrases about people as well as places and workplaces
• write simple messages to describe, explain a situation Oral skill: greeting each other, starting a telephone conversation, welcoming a traveller, a visitor, etc.

• LO 1.4/ ILO 4: Students will be able to be aware of and understand international and intercultural characteristics in work-related situations.
• LO 4.3/ ILO 8: Students will be able to communicate in business-related, intercultural situations in French or Russian or Spanish.

After successful completion of this course, students will be able to explain and to analyse micro-economic and macro-economic topics that are currently discussed in the public sphere. Building on this knowledge and by employing additional discussion and reflection exercises, participants will be enabled to evaluate and criticise perspectives and economic policy recommendations of different economic theories as well as underlying conceptions.

After successful completion of this course, students will be able to:

• Work with the system and components of double entry book-keeping,
• Enter simple transactions, such as wages, taxes, sundry expenses, etc.,
• Enter both sales and purchasing transactions,
• Prepare simple closing entries,
• And draw up balance sheet and income statement,
• Explain the difference between entries affecting and not affecting net income,
• And superficially analyse balance sheets and income statements

After successful completion of this module, students will be able to

• understand basic concepts and theoretical approaches of economic and political sciences
• differentiate research questions of the two disciplines - economics and political sciences
• interrelate current topics of management with basic concepts of economics and political sciences

• LO 2.1./ILO 5 debate main global economic, legal and political developments and their impact for a company’s business environment
• LO 2.2./ILO 6 investigate and implement proper means to promote sustainable (socially, economically and environmental) company development

After successful completion of the course, students can illustrate the complexity of 21st century business administration. They also can outline the interrelations in management and therefore properly relate to future modules in their degree program, esp. those in the fields of management and finance & accounting, and establish links to related disciplines (e.g. business law, economics) (2). They will be able to make use of basic managerial models and concepts and apply them on basic corporate business management tasks (3).

After successful completion of the course, students gain an extensive understanding about the fundamentals of Politics by:

• Describing and explaining main theories, concepts and terms
• Identifying the main aspects of political science problems
• Applying theoretical models to simple analyse and interpret daily politics
• Summarizing and interpreting scientific texts and,

• Elaborate own scientific arguments
• Write scientific texts