Economics courses place greater emphasis on the methodological similarity of economics and business administration. Economics systematically describes and analyzes individual and macroeconomic correlations (microeconomics and macroeconomics).
In economics, business and economics knowledge as well as connections between the two disciplines are taught.
The economy tries to find laws and derives recommendations for action, for example on causes of unemployment, the functioning of markets or international economic relations.
Economic globalization means that goods, services and capital are almost globally mobile. Past national or transnational economic links and relationships, e.g. Businesses expand on a global scale.
Companies and organizations therefore need academic professionals who think globally and decide and / or act accordingly. Experts are needed to recognize and understand global economic contexts, to examine national and international markets, and to include country-specific problems and specifics. Good language skills are important for this.
The study is mainly offered at universities. For example, students can specialize in public finance, (monetary) economic policy, development economics and industrial / competition policy.
The compulsory modules in the bachelor's program in economics include the basics of business and economics, commercial law, accounting, stochastics and business statistics. In addition, for example, modules from the fields of work and organizational psychology, mathematics, computer science and business ethics can be added.
Economics is concerned, for example, with microeconomics and macroeconomics, statistics, introduction to the theory of business, the theory of monetary policy or currency theory.
