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Basic Economics for Engineers (German)

 

Please send all questions concerning the course that are not answered here nor in the FAQ to or post them on the ISIS-Forum.

Components

2 hours/week lecture (0330 L 540)
2 hours/week tutorial (0330 L 541)

6 credit points according to ECTS

The subject Basic Economics for Engineers is available in winter as well as in summer term.

Qualification goals

Students should:

  • show basic understanding of economic issues and contexts,
  • be familiar with the mode of action of important economic institutions,
  • be able to provide literature and other sources of information for their work and classify the collected information in scientific as well as practical contexts,
  • be able to independently perform basic investing and financing calculations,
  • have an overview of selected central terms and concepts of business economics, micro- and macroeconomics based on a contract-theoretical introduction to the nature of enterprises (centered around the acting entepreneurs or their respective production, investment and financing decisions),
  • be able to develop decision criteria and the key restrictions,
  • have understood and be able to apply the profound know-how on case studies.

Students will learn: 40 % knowledge & understanding, 40 % analysis & methods, 20 % research & valuation

Content

  1. The market/supply & demand
  2. Legal forms of companies
  3. Balance sheet & statement of profit and loss
  4. Production engineering (polypoly/monopoly)
  5. Investment assistance (static/dynamic approaches)
  6. Taxation
  7. Financing/capital market
  8. Risk management and business valuation

Lecture

In summer term 2021 the lecture takes place every Wednesday from 10 am to 12 pm online.

We announce all important information concerning the organisation of the lecture in the first lecture!

The course will be organised through the ISIS-Course "Wirtschaftswissenschaftliche Grundlagen für Studierende der Ingenieurwissenschaften". Please register for the course. You will get the password in the first lecture.

Consultation hours

Consultation hours to answer question concerning the lecture or assignments or solve other problems are held in online. in order to participate please register in the ISIS-course.

Course materials

You can download the lecture slides and notes once you have registered for the ISIS course "Wirtschaftswissenschaftliche Grundlagen für Studierende der Ingenieurwissenschaften". You receive the pasword in the first lecture.

You can also buy a hard copy of the lecture notes in the first lecture or during consultation hour.

Admission to the exam/homework assignments

During the semester there will be 4 homework assignments that can be solved and handed in online from anywhere. To get admission to the exam, at least 50% of the total possible score need to be achieved. The assignments themselves are not considered for the grade of the module. To access the homework assignments you need to enrole in the ISIS-course.

If you have passed the homework assignment in the last semester, you do not need to pass them again. Admission to the exam is valid for 4 semesters/terms including the semester when the admission was first acquired!

Frequently asked questions (FAQs) concerning the homework can be accessed here.

Exam

The exam will take place in the computer pools of TU Berlin. It will take 90 minutes. The homework assignments and online reparation exams are provided to prepare for the exam. The online preparation exams will be activated and announced every semester after the correction of the last homework assignment.

You can find information about exam registration in the ISIS-Course.

The exam will probably take place between the 17th and 25th of July. The following exam will take place at the end of the winter term 2021/2022.

Recommended literature

E. F. Brigham, F. Eugene (1995) Fundamentals Of Financial Management (7. Auflage), Chicago: Dryden Press

K. Spremann (1996) Wirtschaft, Investition und Finanzierung (5. Auflage), München: Oldenbourg

Additional

  • Das Lexikon der Wirtschaft. Grundlegendes Wissen von A bis ZBonn, Aktualisierte Auflage 2009: Bibliographisches Institut AG, Mannheim 2009. Lizenzausgabe Bonn: Bundeszentrale für politische Bildung 2009.
  • Wirtschaft heuteBonn, Aktualisierte Auflage 2009: Bibliographisches Institut GmbH, Mannheim 2009. Lizenzausgabe Bonn: Bundeszentrale für politische Bildung 2009.
  • D. Müller (2006) Grundlagen der Betriebswirtschaftslehre für Ingenieure (1. Auflage), Heidelberg: Springer (auch als elektronische Version über die TU-Bibliothek verfügbar)
  • Hal R. Varian (2011) Grundzüge der Mikroökonomik (8.Auflage), München: Oldenburg , (in der TU-Bibliothek verfügbar)
  • A.Daum, W. Greife, R. Przywara (2010) BWL  für Ingenieure und Ingenieurinnen – Was man über Betriebswirtschaft wissen sollte (1.Auflage), Wiesbaden: Vieweg+Teubner  (auch als elektronische Version über die TU-Bibliothek verfügbar)

Zusatzinformationen / Extras

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