Fachbereich 02: Wirtschaftswissenschaften - Master-Studiengang Betriebs- und Volkswirtschaftslehre (M.Sc.) - VWL-Module

Structure: Lecture + Tutorial
Rhythm: Winter semester
Credits: 6 CP
Course description: 02-VWL:MSc-V1-2
Language: English
Required work: Final exam (85%) + Assignments (10%) + Participation (5%)
Lecturers: Univ.-Prof. Dr. Georg Götz
Possible Major: Economics, Management

The recordings of the lecture from the past WS 20/21 can be found on the chairs Youtube channel Economics2Go; in the playlist Industrial Organization.

Course description:
This course extends the basic concepts of Industrial Organization and presents advanced methods and topics. The focus is on business strategies such as price discrimination and product differentiation and on strategic interaction in oligopoly. Students will learn about the importance of the research and development activities of firms and how they are influenced by public policy in general and by the patent system in particular. The course models and evaluates business behavior from both a public policy and a managerial perspective.

Literature:
Pepall, Richard, and Norman: Industrial Organization: Contemporary theory and practice, South Western, 3rd edition. 2005 (or Industrial Organization: Contemporary theory and practice, Wiley, 4th edition. 2008).
Pepall/Richards/Norman: Contemporary Industrial Organization: A Quantitative Approach, resp. We recommend that you buy the more advanced "Quantitative Approach" text book.
D.W. Carlton and J.M. Perloff: Modern Industrial Organization, Pearson, 4th edition 2005.
Luis Cabral: Introduction to Industrial Organization, MIT Press, 2000.
Tirole, J., The Theory of Industrial Organization. MIT-Press, 1988.
Industrial Organization - Markets and Strategies by Paul Belleflamme and Martin Peitz, Cambridge University Press 2010.
Helmut Bester: Theorie der Industrieökonomik, third edition, Springer, Berlin 2004.

Structure: Lecture + Tutorial
Rhythm: Winter semester
Credits: 6 CP
Course description: 02-VWL:MSc-V1-2
Language: English
Required work: Final exam (85%) + Assignments (10%) + Participation (5%)
Lecturers: Univ.-Prof. Dr. Georg Götz
Possible Major: Economics, Management

The recordings of the lecture from the past WS 20/21 can be found on the chairs Youtube channel Economics2Go; in the playlist Industrial Organization.

Course description:
This course extends the basic concepts of Industrial Organization and presents advanced methods and topics. The focus is on business strategies such as price discrimination and product differentiation and on strategic interaction in oligopoly. Students will learn about the importance of the research and development activities of firms and how they are influenced by public policy in general and by the patent system in particular. The course models and evaluates business behavior from both a public policy and a managerial perspective.

Literature:
Pepall, Richard, and Norman: Industrial Organization: Contemporary theory and practice, South Western, 3rd edition. 2005 (or Industrial Organization: Contemporary theory and practice, Wiley, 4th edition. 2008).
Pepall/Richards/Norman: Contemporary Industrial Organization: A Quantitative Approach, resp. We recommend that you buy the more advanced "Quantitative Approach" text book.
D.W. Carlton and J.M. Perloff: Modern Industrial Organization, Pearson, 4th edition 2005.
Luis Cabral: Introduction to Industrial Organization, MIT Press, 2000.
Tirole, J., The Theory of Industrial Organization. MIT-Press, 1988.
Industrial Organization - Markets and Strategies by Paul Belleflamme and Martin Peitz, Cambridge University Press 2010.
Helmut Bester: Theorie der Industrieökonomik, third edition, Springer, Berlin 2004.

Struktur: Vorlesung + Übung
Turnus: Wintersemester
Credits: 6 CP
Sprache: Englisch
Prüfungsform: Klausur

Das Modul Theory of International Trade zählt zu den Wahlmodulen der Master of Science-Schwerpunkte Economics of Global Risk und Economics. Es wird empfohlen das Modul Internationale Wirtschaftsbeziehungen bereits belegt zu haben.

Die Modulinhalte umfassen unter anderem Aspekte aus folgenden Gebieten der Außenhandelstheorie und -politik:

-Verallgemeinerungen der neoklassischen Außenhandelstheorie
-Handel in Zwischenprodukten und Fragmentierung der Produktion
-Weltmarktintegration und Auswirkungen an Arbeitsmärkten
-Globalisierung und Wirtschaftswachstum

Die Veranstaltung findet in Präsenz statt.

Struktur: Vorlesung mit integrierter Übung
Turnus: Wintersemester
Credits: 6 CP
Sprache: Deutsch

Inhalte:
• Privatisierungsstrategien und Preisfreigabe im Übergang zur Marktwirtschaft
• Schaffung neuer marktwirtschaftstauglicher Institutionen und Organisationen
• Theorie des institutionellen Wandels
• Politisch-ökonomische Restriktionen von Reformen und Methoden der politischen Durchsetzung
von Reformmaßnahmen
• Sequencing von Reformen und Transformationsstrategien (z.B. Big-Bang versus Gradualismus)
• Die Ökonomik von Sezessionen
• Spezielle Probleme bei Transformationen (z.B. State-Capture und Soft-Budget-Constraints)

Struktur: Vorlesung + Übung
Turnus: Wintersemester
Credits: 6 CP
Sprache: Englisch
Prüfungsform: Klausur



The course gives and overview of various fields of modern macroeconomics. We extensively use the intertemporal model of consumption smoothing, which we extend to include capital and an endogenous labor supply decision. The implications of the resulting Real Business Cycle model will be contrasted with empirically observed stylized facts. Finally, nominal rigidities and monopolistic competition are introduced to study the role of monetary policy. The course also addresses the intersection of macroeconomics and finance, i.e. asset pricing, financial frictions and financial instability.

Struktur: Vorlesung + Übung
Turnus: Wintersemester
Credits: 6 CP
Sprache: Englisch
Prüfungsform: Klausur und Vortrag

Die Veranstaltung vermittelt vertiefte Kenntnisse der neoklassischen Ökonomie und Spieltheorie einschließlich ihrer entscheidungstheoretischen und mathematischen Grundlagen. Themen sind nichtlineare Optimierung und Entscheidungstheorie, die Allgemeine Gleichgewichtstheorie und die Spieltheorie.
Übungen sind in die Vorlesung integriert.

Module codes: 02-BWL/VWL:MSc-B11-Extra2
Course format: Lecture (6 CP)
Lecturer: Prof. Dr. Nicolas Pröllochs (BWL XI)
Term: Summer semester
Language: English
Grading: oral examination (presentation)

The course will consist of a blend of in-person and digital sessions ("Präsenz mit digitalen Anteilen")

***Course description***
Artificial Intelligence (AI) is transforming businesses by unlocking new opportunities for efficiency and data-driven decision-making. The master’s course on “Applied AI” provides students with an overview of the field of AI with a focus on real-world applications. Students will learn the end-to-end process of preparing data, implementing machine learning models, and evaluating their performance. The course will provide hands-on coding examples, equipping students with the necessary skills to implement these techniques independently. At the end of the course, participants will be familiar with the most important concepts, principles, algorithms, and challenges in applied AI.

The main objectives of this course are to:
1) Understand the basic concepts of AI and machine learning and their relevance in business contexts
2) Obtain an overview of different methods, algorithms, and software tools for applied AI
3) Learn how to train and evaluate AI methods on real-world datasets
4) Understand limits and challenges associated with contemporary AI methods, including ethical considerations and biases

***Term project & grading***
Grading will be based on an oral presentation, which will report on the results of a term project conducted throughout the semester. The assignments will consist of a specific problem from applied AI (e.g., applying a machine learning method on a given dataset). Students will be provided with an assignment at the beginning of the semester and may work on their projects individually or in small groups. Assignments will be tailored to students’ interests and expertise. Basic experience in computer programming (e.g., in R, Python) is desirable but not mandatory.

***Registration***
The number of participants is limited to a maximum number of 24 students. Please register for the course by sending an e-mail to datascience@wirtschaft.uni-giessen.de. Please attach your current transcript of records (FlexNow printout) and a short (max 50 – 100 words) motivational statement (optional). If more than 24 students apply, participants will be selected based on their previous grades and/or their motivational statement. The application deadline is 14th April 2025.

For further information, please check the course information on the chair's website: https://www.uni-giessen.de/de/fbz/fb02/fb/professuren/bwl/data-science-digitalisierung/lehre

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Information vom Prüfungsamt:
Das Modul kann in folgende Bereiche eingebracht werden:
MASTER BWL/VWL:
☒ Business Administration, ☒ Economics, ☒ Management, ☒ Finance and Accounting, ☒ Datenökonomie, ☒ Minor.
MASTER AFS:
☒ Major, ☒ Minor.
MASTER EGR:
☒ Major, ☒ Minor.

Liebe Studierende,
das Modul "Gesundheitsmanagement im Wandel" kann im WS25/26 leider nicht angeboten werden.

Liebe Studierende,
das Modul "Gesundheitsmanagement im Wandel" kann im WS25/26 leider nicht angeboten werden.