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Professional Competence
  • Know the responsibilities, functions and methodology of financial statements analysis on the one hand, as well as the basics of international financial reporting on the other hand; they know basics of consolidated accounting.
  • Understand financial statements analysis, as well as the basics of international financial reporting as instruments of more comprehensive accounting.
  • Perform processing measures and apply viable instruments of financial statements analysis (financial ratios, financial ratio systems) on individual financial statements; they compile annual statements in accordance with IFRS and compare them to annual statements complying to commercial law; they are able to solve a (simple) consolidated financial statement independently.
  • Analyze annual statements of companies by means of selected financial ratios on liquidity, stability and profitability and draw the right conclusions in the course of evaluations of the analyses of key indicators; they are able to recognize and identify differences between annual statements in accordance with IFRS or commercial law.
  • Develop proposals for solutions in the course of an integrated case study and recognize relationships between the theoretical learning outcomes and their use in practice; they combine their knowledge of accounting and other fields of business administration.
  • Evaluate the instruments of annual statements and international financial reporting based on their advantageousness and are able to recognize and describe interconnections between accounting and other subjects.
Personal Competence
  • Tolerate various points of view
  • Constructively use different points of view towards the development of new arguments
  • Take on responsibility for own decisions
  • Can adjust their own needs to the various needs of others
  • Can defend own opinions and decisions
Social Competence
  • Listen to and acknowledge the arguments of fellow students
  • Find solutions to small case studies in teams
  • Evaluate the solutions of colleagues, study and compare these with own solution
  • Consider new or alternative solution approaches and link these with your own approach
  • Represent and defend your own solution in light of critique
Methodological Competence
  • Know the basic types of international marketing strategies
  • Explain and interpret the prerequisites for these strategies
  • Apply basic international marketing models in new situations
  • Compare alternative marketing approaches, identify similarities and differences
  • Summarize the various strategies and approaches, evaluate these
  • Determine whether certain models or approaches can be implemented in concrete situations, and choose fitting models/ approaches in ideal situations.
Professional Competence
  • Know the most important instruments for the development and implementation of marketing measures as well as types of international marketing strategies.
  • Understand the most important influencing factors on decisions made in international marketing processes, can describe the most important marketing strategies for various actors.
  • Correctly apply international marketing instruments.
  • Identify the relevant influential factors for the international marketing process, analyze the consequences of entrepreneurial decisions in an international environment.
  • Develop fitting marketing strategies depending on the company type or level of internationalization.
  • Evaluate marketing strategies and their fit in various situations.
Personal Competence
  • manage cognition, presence and awareness during lecture and seminar
  • self-evaluate contributions
Social Competence
  • listen to elaborations by instructor and fellow students;
  • perceive social interactions and introduction of interactive routines
  • give answers when asked;
  • participate in interactive practice;
  • collaborate in teams to solve problems;
  • coordinate contents and critique with fellow study team
  • Discuss and compare fellow student´s contributions to case studies and analysis of real phenomena;
  • give constructive feedback
  • identify ideologies and differentiate from pure theory;
  • challenge and reflect own arguments on theoretical grounds
  • prepare and present a critique (essential arguments, central categories, limitations etc.) of theoretical analysis, highlighting open and contradictory issues of the topic
Methodological Competence
  • Illustrate the principles of methods, rules, and postulates employed by international economics as a discipline
  • Comprehend basic assumptions and their effects on the modeling process of international trade theories
  • Understand the effects of certain internal and external parameter changes on the employability of different theoretical approaches
  • Apply the Gravity, the Ricardian, the Heckscher-Ohlin and the Standard Trade Model to explain patterns and volumes in international trade
  • Apply the Asset, the Monetary, and the Real Exchange Rate approach to the determination and behavior of exchange rates
  • constitute a constructive generic framework; that may be broken down in sub-processes or changed in sequences to best capture real economic phenomena
  • compare employability of different theoretical approaches for the explanation of underlying economics and compare outcomes
  • Create a set of criteria to assess different theoretical approaches
  • Construct a table of different theoretical results when analysing real phenomena depending on the assumptions and explanatory variables used in each theory
  • Explain the reasoning behind different theoretical approaches and their limitations to explain real world phenomena
  • Evaluate political actions as an outcome of different theoretical approaches in international economics
Professional Competence
  • 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
Personal Competence
  • tolerieren die Meinungen der anderen Studierenden, auch wenn sie dem eigenen Verständnis widersprechen (z.B. bei der Fallstudiendiskussion oder im Diskussionsforum)
  • kümmern sich selbständig und zuverlässig um die Aufarbeitung der Vorlesungsinhalte (insb. Übungszettel und Fallstudien)
  • beurteilen ihren Lernfortschritt und ihr Engagement in den Vorlesungen, in den Übungen und im Selbststudium (z.B. Wortmeldungen im Unterricht, Erfolg bei der Bearbeitung der Übungszettel)
  • identifizieren ihre Stärken und Schwächen und passen ihr Engagement entsprechend an (z.B. Wiederholung der Vorlesungsinhalte)
  • unterstützen sich gegenseitig in Vorlesungen, Übungen und Selbststudium und helfen einander bei Fragestellungen (z.B. im Diskussionsforum)
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