Faculty of Economics and Business Studies
Economics of Innovation
Course Description
This course gives an overview of the economic study of innovation and the production of new goods and services. 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 introduces patent races, the economics of licensing, and the study of adoption and diffusion of new technology. A further topic concerns R&D cooperation with a focus on the working of Research Joint Ventures. Throughout the course we will discuss the Schumpeterian themes of the relation between market structure, firm size and innovation. The course will also evaluate current technology policy as implemented in various countries. A seminar-like part will conclude the course with various case studies of firms’ research and development activities and innovations with a special focus on the pharmaceutical sector.
Faculty
Economics and Business Studies
Department
Chair for Industrial Organization, Regulation and Antitrust
Lecturer
Prof. Dr. Georg Götz
Study Period (dd/mm/yy)
15/04/2024 - 19/07/2024
Mode and Time
Both;
Synchronous (live), Time (CET): start date: 15 April 2024;
Asynchronous: recorded Youtube videos from previous course available)
Class Format
Integrated course (Lecture and tutorial class)
Online Tool for Teaching
BigBlueButton
Language of Instruction
English
Target Group
Master. Open for students of the following subject/field: Economics and Business Administration
Prerequisites
English B2
Intermediate Microeconomics
Examination Format
Exam, assignments, and in-class presentations
ECTS
6
ECTS without examination
2 - tbc
Economics of Regulation
Course Description
This course deals with network industries like electricity, gas and water supply as well as with the telecommunication sector and how to regulate them. A special focus is laid on the consequences of the asymmetric distribution of information among the agents active in these sectors. Here, one might think of product markets characterized by uncertainty about qualities and prices as well as labor markets, insurance markets, or financial markets. These markets are characterized by endogenous information that is generated by some market participants' behavior affecting other market participants' behavior. As a consequence, the market mechanism may be distorted or even fail.
Faculty
Economics and Business Studies
Department
VWL IV
Lecturer
Prof. Dr. Georg Götz
Study Period (dd/mm/yy)
15/04/2024 - 19/07/2024
Mode and Time
Both;
Synchronous: live lectures, start date: 15 April 2024, time (CET)
Asynchronous: recorded YouTube videos from previous course available
Class Format
Integrated course (Lecture and tutorial class)
Online Tool for Teaching
BigBlueButton
Language of Instruction
English
Target Group
Master
Prerequisites
EnglishB2
Intermediate knowledge in microeconomics
Examination Format
Exam, assignments, and in-class presentations
ECTS
6
ECTS without examination
2 - tba
Virtual Summer School: Economics of Debt Crises
Course Description
Lectures: basics from game theory and its applications to financial markets, esp. the debt crises
Seminar: selected topics in debt crises and financial markets
Faculty
Economics and Business Studies
Department
Chair for International Economic Relations
Lecturer
Prof. Vesely (UWM), PD Dr. Mandler (JLU), Prof. Meckl (JLU)
Study Period (dd/mm/yy)
15/04/2024 - 19/07/2024
Mode and Time
Synchronous seminars (TBA)
Asynchronous lectures (pre-recorded lectures)
Class Format
Virtual lecture (Vesely) & block seminar (Mandler)
Online Tool for Teaching
ILIAS, BigBlueButton
Language of Instruction
English
Target Group
Master
Prerequisites
English B2
Basic knowledge in microeconomics and macroeconomics at intermediate level
Basic knowledge in mathematics and statistics/econometrics
Examination Format
Written exam (lecture) and term paper (seminar)
ECTS
3 ECTS for lecture (final exam) + 3 ECTS for seminar (term paper)