Department of Economics

Johannes Kepler University

Economics in the Bachelor Program B&E

Economics in the Introductory Phase

The teaching of economics in the introductory phase consists of:

  • A first introduction to the subject Economics (3 ECTS)
  • A comprehensive basic training in the core subjects of microeconomics, macroeconomics and economics of the public sector (Core module I and II.A of Economics, 12 and 6 ECTS respectively) and
  • the possibility to apply and deepen the acquired knowledge in selected topic areas, such as Managerial Economics, Public sector economics or International economics (Module: core II.B of Economics, 6 ECTS). 

With this setup, the Institute aims to ensure that students of economics:

  • From the start of their studies can identify clearly what constitutes the core of economics, and
  • Soon experience that a sound knowledge of economics is useful in all areas of business and economics

Ø  A detailed overview of the exact structure of the different modules in the "Principles of Economics" can be found here.

Economics in the Specialization Phase

  • "Empirical Research in Economics" (in the context of the subject deepening of core competencies, 6 ECTS) provides a first insight into the empirical toolkit of economics  

  • Four economics modules:
    • "Applied Economics" (12 ECTS) is a broad overview of the different subject areas of economics. This module allows you to complete a set of courses at an introductory level, which fit into your personal interests. In this way you can learn about the various areas of economics and then according to your personal ambitions choose between one of the other modules (with a thematic focus).
    • The design of two modules Firms and Markets and International Economics, Financial Markets and Macroeconomics (12 credits each) is based on the scientific expertise of the institute. Each of these two modules builds on the corresponding course in the module Applied Economics (to find out how the courses of the module Applied Economics are thematically linked to the three main subjects, please see Overview). Each of the two modules enables a thematic deepening in one of these areas.
    • These modules are completed by the module "Economic Theory and Methods" (18 ECTS), which consists of a solid training in both economic theory and empirical methods. The aim of this major is to develop an understanding of the basic formal models of microeconomics and macroeconomics and of the methodological foundations of modern empirical methods in economics (econometrics and statistical methods), that can be applied in the analysis of economic problems.

Ø A detailed description of the contents of each of the modules (as well as the courses in each module) can be found here.

Ø A detailed overview of the exact structure of the different modules (including ECTS-scale and initial conditions and hours) can be found here.

Ø Overview area of specialization Economics, area of specialization Management and Applied Economics


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