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The Bachelor program "Volkswirtschaftslehre" (Economics) is a three-year program taught mostly in German with a few classes offered in English. It provides students with the knowledge and skills necessary for professional activities in the field of economics. Students learn to identify and analyse economic issues and problems, to assess them critically, and to develop solutions. The program also provides students with the methodological tools to perform advanced academic studies. 

The program includes both an in-depth study of a variety of topics in Economics and of selected topics in Business Admnistration. It is a very quantitative study program that acquaints students with a variety of mathematical and statistical methods.

The study program consists of three different types of courses:

  • compulsory modules (Pflichtmodule) which acquaint students with the systematic study of fundamental economic issues
  • elective modules in Economics (fachgebundene Wahlpflichtmodulle) which offer advanced study of selected topics, and
  • elective modules form other study areas (freie Wahlpflichtmodule) which allow for an individual specialization
  • The program is completed with a colloquium and a bachelor thesis.

Students receive 7,5 ECTS per module and thus acquire 105 ECTS credit points in 14 compulsory modules in Economics during the first four semesters. These modules include:

  • Principles of Economics (Introduction to Micro- and Macroeconomics)
  • Principles of Business Administration: Introduction to the Theory of Business
  • Principles of Business Administration: Capital Investment and Financing
  •  Introduction to Statistics A and B
  • Mathematical Methods for Economists A and B
  • Econometrics
  • Intermediate Microeconomics A and B
  • Intermediate Macroeconomics A and B
  • Financial Markets and Institutions
  • Academic Research and Writing

In addition, students also need to acquire 15 ECTS credit points from elective modules from other study programs such as e.g. Mathematics, Computer Science, Physics, Geography, Meteorology, Theology, Asian Studies, History, Politics & Society, Philology, Arts & Archaeology, Philosophy, Psychology, Law, Romanistics, Foreign Languages.

In the fifth and sixth semester, students take 6 elective modules, thus acquiring an additional 45 ECTS. Students can choose these advanced modules from three fields:

  • Economics,
  • Business Administration, and
  • Econometrics/Statistics.

Students need to take three modules in Economics and two modules either in Business Administration or Econometrics/Statistics. One more module can be taken in any of the three fields.

To complete the program, students take a colloquium and write a bachelor thesis. They acquire 15ECTS credit points for the combination of both. The bachelor thesis needs to deal with a problem from either Economics, Business Administration or Econometrics/Statistics.


Further information in German.


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