Courses

Academic Level: 300

Lecture, 4 ECTS Credits (100 hours per semester), 2 hours per week (25 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Philipp Paulus

This course covers major theories of international economics as well as key sources of international economic data. Major current world economic problems (of the given semester) as well as major problems of previous decades are discussed as case studies. Findings from the lecture will be reflected upon in order to prepare a country report (with practice sessions).

Lecture notes will be provided as PDF

Recommended literature:
Krugman, Paul, Maurice Obstfeld und Marc J. Melitz (2018): International Economics – Theory & Policy, London et al.: Pearson, 11th, Global Edition
Reinert, Kenneth A. (2022): An introduction to international economics – new perspectives
on the world economy, 2nd edition, Cambridge: Cambridge University Press, 2ndedition

Data and up-to-date analysis sources (regular dates of publication):
IMF Global Economic Outlook (April and October)
OECD Economic Outlook (June and December)
BIS Annual Report (June), Quarterly Reviews (Mar/Jun/Sep/Dec)
World Trade Organisation (WTO) and UNCTAD publications

Assessment: Written exam
Prerequisite: Background in Business / Economics
Undergraduate students

Academic Level: 300

Seminar, 1 ECTS Credits (25 hours per semester), 1 hours per week (15 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Christian Arndt

NGU reserves the right to cancel this course if it has not enrolled enough students before the beginning of the course's instruction.

This course deals with the following topics: Hints and language for a successful presentation; Management: tasks and qualities of managers; Marketing: advertising and promotional tools; Recruitment and job applications; Business cycles, trade cycles and economic developments; Planning and organizing meetings
Used literature in this course: MacKenzie, I.: English for Business Studies. 3rd ed. Cambridge 2010; selected articles from Business Spotlight (Magazine); other English language sources freely chosen by the students

Assessment: Presentation

Prerequisites: Background in Business / Economics is advantageous
Undergraduate students

Academic Level: 400

Lecture, 6 ECTS Credits (150 hours per semester), 4 hours per week (45 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Philipp Paulus

This module is structured into two lectures that will run parallel to each other, with each lecture comprising half of the module (lecture length, workload and exam). The first lecture of the module (“Theory and Policy”) is about the structure and use of major international economic models, both for theory and policy. The second lecture (“European Integration and International Economic Challenges”) will show how to apply the models to current international economics issues with a focus on European issues (e.g. the Euro and the European Central Bank, European integration, European Economic Policy, migration). Students must register for both parts.

Assessment: Written exam
Prerequisites: Background in Business / Economics (intermediate level)
Undergraduate students

Academic Level: 400

Lecture, 6 ECTS Credits (150 hours per semester), 4 hours per week (45 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Philipp Paulus

This module deals with the following topics: Sustainability of global growth, theories of global governance, nationalism, subsidiarity and globalisation, global crises, international monetary system, economic development and development policies, role of natural resources and agriculture in globalization, the economics of climate change and global economic policy responses, migration and demographic changes, EU economics and regional economic integration, the international dimension of the German economy and its economic policy

Assessment: Written exam, presentation
Prerequisites: Background in Business / Economics (intermediate level)
Undergraduate students

Academic Level: 500

Lecture, 2 ECTS Credits (50 hours per semester), 2 hours per week (25 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Philipp Paulus, Dipl. Oec. Daniel Aichinger

Students in this class will learn to understand basic microeconomic principles and methods used in economic analyses. They receive basic knowledge of theories of consumer and firm behavior as well as first insights into different forms of market competition. When the market outcome is not optimal from a social welfare perspective, possible strategies that governments can undertake to achieve socially more desirable market outcomes are discussed.

Assessment: Written exam
Prerequisites: Background in Business / Economics
Undergraduate students with special permission (number of Undergraduates is limited to 6), Graduate students

Academic Level: 500

Lecture, 3 ECTS Credits (75 hours per semester), 2 hours per week (25 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Gerhard Pfister

In this lecture students get an Introduction to Macroeconomics and they get familiar with the fundamental terms of national accounting. They learn the difference between Keynesian versus Neoclassical Macroeconomics: The course explains general economic aspects and terms like Monetary, Capital and Labour Markets, Inflation, Economic Policy, Introduction to Business Cycles and Growth.

Assessment: Written exam, presentation
Prerequisites: Microeconomics (intermediate level)
Undergraduate students with special permission (number of Undergraduates is limited to 6), Graduate students

Academic Level: 500

Lecture, 2 ECTS Credits (50 hours per semester), 2 hours per week (25 hours per semester)

offered in spring/summer, fall/winter

Lecturer: Prof. Dr. Christian Arndt

In this course the students will get to know important stylized facts of globalization. Students will get insights into the patterns and determinants of foreign trade, FDI and migration with applications. The course covers basic principles as well as current developments. The chapter on International Trade Policy introduces the instruments of trade policy and the political economy of trade policy. The final aspects of the lecture provide knowledge on exchange rates and open-economy macroeconomics: The international flows of capital and goods and exchange rates.

Assessment: Written exam
Prerequisites: Background in Business / Economics (intermediate level)
Undergraduate students with special permission (number of Undergraduates is limited to 6), Graduate students

Academic Level: 500

Lecture, 3 ECTS Credits (75 hours per semester), 2 hours per week (25 hours per semester)

offered in fall/winter, spring/summer

Lecturer: Prof. Dr. Christian Arndt

The students identify challenges of the climate crisis on the backdrop of global demographics, income growth, and trade. They acknowledge pathways towards the defossilisation of the economy. Students study the role of inequality and cumulative emission paths as burdens for global, multilateral climate action. They understand companies as boon or bane for transformation and explore economic tools for steering eco-scarcities and a new economic paradigm for a 'full world' (Daly 2015)

Assessment: Coursework project
Prerequisite: Background in Business/Economics
Undergraduate students with special permission (number of Undergraduates is limited to 6), Graduate students