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Fachkompetenz
- illustrate patterns and trends in international trade
- outline theories of international trade theory and policy
- summarize models of exchange rate determination
- describe international financial markets
- explain on theoretical grounds why countries trade and why governments may restrict international trade
- classify national income and balance of payments accounts
- apply an appropriate theoretical approach to explain real phenomena in international economics
- apply a theoretical approach to determine the short-run and long-run behavior of exchange rates
- differentiate effects of various policy intervention on international trade patterns and volumes
- point out the effects of changes in international exchange rates
- distinguish government financial intervention with monetary policy
- identify challenges in international trade and monetary policy
- forecast international trade dynamics under given policy frameworks
- develop scenarios for the short-run and long-term behavior of exchange rates and monetary regimes
- test theories of international economics to explain past developments in world trade and finance
- judge the applicability of theoretical approaches in international economics to evaluate and predict future behavior of market participants
Selbstkompetenz
- participate self-initiated and act on one's own responsibility
- recapitulate the contents of lectures, exercises and cases in a self-organized way
- assess their own learning progress during lectures, exercises, case studies and self-study
- identify their own strengths and weaknesses
Sozialkompetenz
- work together to solve the assignments, communicate with each other and give support
- evaluate themselves and their contribution in the team with relation to cooperation, communication and troubleshooting
- develop their social competences while working in a team and adapt these competences to optimize the result of the teamwork
- support other team members while presenting the results
- tolerate different opinions and working styles
Methodenkompetenz
- are able to apply methods and models in relation to digitization to contemporary problems
- are able to analyze and evaluate platform based business models
- solve different assignments with relation to the the methods learnt
- evaluate the developed solutions regarding its applicability and its reasonableness
Fachkompetenz
- are able to describe fundamental concepts of digital markets
- can describe the impact of digitization on business models, value creation, organizations and society.
- understand platform ecosystems and their dynamics
- can describe the role of IT in the development of platform based ecosystems
- can make predictions of future developments of digital businesses & platforms
- provide proper argumentation for the solution path chosen in the assignment
Selbstkompetenz
- learn to communicate openly within the large audience
- develop a mindset of proactivity, curiosity and reflection ability
Sozialkompetenz
- perceive and prescind thoughts and arguments from fellow students during class discussions
Methodenkompetenz
- describe the fundamental aspects of start-up compared to corporate entrepreneurship
- define and interpret the prerequisites of these strategies
- know how to read and understand academic texts in the field
- know how to interpret the results of empirical research in the field
Fachkompetenz
- know the relevant building blocks of Entrepreneurship & Family Firm Research, Corporate Entrepreneurship and Innovation Management and their instruments
- know how to measure Corporate Entrepreneurship related to its performance advantages
- know the concepts on how to create a company with an entrepreneurial spirit
- understand the most important influencing factors for taking entrepreneurial decisions in either new or established enterprises, as well as in family firms
Selbstkompetenz
- show personal initiative
- practice self-reflection and self-management
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