Industrial Engineering & Management FT
Apply Icon
Apply
now

Introduction to Business Economics

level of course unit

First cycle, Bachelor

Learning outcomes of course unit

Students are able to:
• identify different business-related fields and present their problems and solution methods.
• present the diverse connections between business-related aspects.
• correctly apply business-related specialist vocabulary.

prerequisites and co-requisites

not applicable

course contents

• Overview and content analysis of the most important topics/problems in business studies
• Definition and basics of business studies wihtin the framework of economics
• Business studies as a science and differentiation from economics, management studies and leadership
• Constitutive company decisions (legal forms and selection of location)
• Functional company decisions (basics: procurement, production, sales, accounting and capital management)
• Business-related leadership decisions: management and ethics
• Strategic planning and monitoring, staff and organisation (structural organisation and operational organisation)

recommended or required reading

• Vahs, Schäfer-Kunz (2012): Einführung in die Betriebswirtschaftslehre, 6.Auflage, Schäffer-Poeschel Verlag Stuttgart

assessment methods and criteria

Written exam

language of instruction

English

number of ECTS credits allocated

3

planned learning activities and teaching methods

Integrated course

semester/trimester when the course unit is delivered

2

name of lecturer(s)

Director of Studies

year of study

First year of studies

recommended optional program components

not applicable

course unit code

WMG.1

type of course unit

Compulsory

mode of delivery

In-class course

work placement(s)

not applicable