Diploma of Advanced Studies (DAS) Fundamentals of Economics // University of Oldenburg

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Economic theory illustrated in an everyday context

The module provides an overview of elementary topics in Economics. It covers basic concepts of economic theory, interdependence and trade, the functioning and efficiency of markets as well as the economic cycle and the national product. The module also addresses market failure and state activity as well as the behaviour of companies in differently structured markets. Central approaches are illustrated using everyday examples.
With globalisation, digitalisation and climate protection, the module also addresses three major economic policy issues of our time. Among other things, it deals with long-term trends in the cross-border division of labour, modern value chains, platform economies and micro- and macroeconomic aspects of the transformation towards climate neutrality.

Teachers

Prof Dr Dennis Drews

Professor at the Institute for Construction and Property Management (inbi)
Jade University of Applied Sciences

Prof Dr Ulrich Scheele

Professor of Economics/Economic Policy
University of Oldenburg

Mentor

Prof Dr Hans-Michael Trautwein

Professor of International Economic Relations
University of Oldenburg

Your gain in expertise

Participants in the module can ...

apply and categorise basic concepts of economic theory.

understand the rationale and design of economic policy measures.

Distinguish between market forms and derive behaviour patterns of actors.

understand the interactions between price and volume trends.

understand global economic relationships based on balances of payments, exchange rate systems and trade policy strategies.

Interpret the relationships between capital formation, technological change and economic growth.

interpret the complex interrelationships between capital formation, technological change and economic growth in terms of their microeconomic and macroeconomic effects.

weigh up economic policy options for dealing with resource scarcity and climate change.

Further education at a glance

University certificate

Certificate of Advanced Studies (CAS)

Dates

Coming soon

Time required and scope

8-10 hours per week, 10 credit points

Teaching format

Online plus two compact workshops at the weekend

Prerequisites

None

Costs

890 Euro plus university fee

Who is the programme aimed at?

The module is aimed at professionals who want to incorporateeconomic contexts into decision-making in their professional practice . You can take the module as certified further education or as part of the part-time Bachelor's degree programme in Business Administration. It concludes with a Certificate of Advanced Studies. The certificate is fully recognised for the Bachelor's degree programme. So you can start your studies without enrolment!