Track: Law and Contracts
Track director: Prof. Dr. W. Rothengatter
ECTS = 6
Lectures:
Track description:
This module consists of both economics and legal sections. In the economics section, a foundation is laid through introducing decision theory, expected utility, risk and ambiguity, bargaining and basic incentive theory. In addition, fundamental problems regarding world economics are discussed, for example stagnation and economic growth, unemployment and international division of labor, and harmonization of the international monetary system. The legal section is divided into lectures about the law of business organizations and lectures about international patent, trademark and copyright law.