Direkt zum InhaltDirekt zur SucheDirekt zur Navigation
▼ Zielgruppen ▼

Humboldt-Universität zu Berlin -

Bachelor Courses in English Summer Term 2019

This page is just an unofficial excerpt from the course list for summer term 2019. It was changed last on February 28th, 2019 and does not claim correctness or completeness. Please always check the current course lists for updates.

This page is just an unofficial excerpt from the course list for summer term 2019. It was changed last on February 28th, 2019 and does not claim correctness or completeness. Please always check the current course lists for updates.

You can find detailed information and the schedule in the course list:

www.wiwi.hu-berlin.de/studium/sb/lehrangebot

 

Overview:

  1. Business Administration: Lectures
  2. Business Administration: Seminars
  3. Economics: Lectures
  4. Economics: Seminars
  5. Quantitaitve Methods: Seminars
  6. Quantitaitve Methods: Lectures

 

Business Administration: Lectures (no registration required)

 

1) Financial Derivatives (701144)
  • Lecture+Tutorial (4 hours/week)
  • Dr. Juliusz Radwanski

Financial derivatives are a key part of modern finance. This course provides a discussion of how they are structured, priced, and used to transfer risks in financial markets.
Upon completion of the module, students will be familiar with how standard financial derivatives such as futures, forwards, and options are structured and how they are used in risk management. They will be able to apply standard pricing methods such as the binomial model and the Black-Scholes model, but will also develop a critical understanding of the derivatives business and its role in financial markets and society.
Topics: Payoffs and structure of futures, forwards options. Use of futures, forwards, and options in hedging. Binomial model, the Black-Scholes Model. The role of the derivatives business. Exercises in topics of Derivatives

Examination: Written exam (90 min)

 
2) Financial Markets: Economic Theory and Practice (701141)
  • Lecture+Tutorial (4 hours/week)
  • Dr. Juliusz Radwanski

The students will become equipped with tools allowing them to understand the functioning of financial markets, and to detect valuecreating investment opportunities. The stress will be on theoretical models as necessary ingredients of the informed investment decision process, both in static and dynamic setups. At the same time, the course will feature exercise sessions in which the students will learn the basics of practical portfolio management, and work with real data. In the process, they will acquire some programming skills (Python).

Literature:

  • Pedersen, Lasse Heje: "Efficiently Inefficient" , Verlag: Princeton University Press (2015)
  • Ang, Andrew: "Asset Management: A Systematic Approach to Factor Investing" , Verlag: Oxford University Press (2014)
  • Bodie, Zvi; Kane, Alex; Marcus, Alan J.: "Investments" , 10th ed., Verlag: McGraw-Hill (2014)

Examination: Written exam (90 min)

 
3) Behavioral Finance and Asset Pricing (701138)
  • Lecture+Tutorial (4 hours/week)
  • Maria Kasch, PhD

This course introduces the students to the behavioral finance view on asset pricing. The course starts with a discussion of the foundations of the efficient markets hypothesis and then focuses on theoretical and empirical challenges faced by this hypothesis. The topics covered in the course include noise trading, investor sentiment, limits to arbitrage, overreaction and underreaction to news, excess volatility, return predictability, market booms and busts, historical/institutional trends in market development. A component of the course is an ungraded 15-20 minutes presentation by the students.

Prerequisite: Grundlagen der Finanzwirtschaft I & II (Investition und Finanzierung + Investmentanalyse und Portfoliomanagement)

Literature:

  • Shiller, Robert J.: "Irrational Exuberance ", Verlag: Princeton University Press, 3rd Edition (2015)
  • Barberis, Nicholas; Thaler, Richard H.: "A Survey of Behavioral Finance" , in Handbook of the Economics of Finance (ed.
  • Constantinides, G. M.; Harris, M.; Stulz, R. M.), Verlag: North Holland (2003)
  • Shleifer, Andrei: "Inefficient Markets. An Introduction to Behavioral Finance" , Verlag: Oxford University Press (2000)

Examination: Written exam (60 min)

 

4) Valuation (708009)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Ulf Brüggemann
  • Also for MA students!

The goal of the course is to present students the basic tools to value firms and other assets. The course comprises three main parts. The first part presents the mechanics of relative and intrinsic valuation. The second part focuses on how to estimate the inputs for these valuation methods (e.g., forecasting cash flows or earnings, estimating the cost of capital). The third part deals with special valuation cases (e.g., valuing start-ups or private firms). Students will apply these methods by carrying out a valuation of a German company. Throughout the course, students have the opportunity to explore firm-level financial and accounting data using R-based interactive analysis tools.

Literature:

  • Damodaran, A. (2012): Investment Valuation, 3rd Edition, Wiley Finance.
  • Palepu, K.G., Healy, P.M. and Peek, E. (2016): Business Analysis and Valuation (IFRS Edition), 4th Edition, Cengage Learning.
  • Penman, S.H. (2013): Financial Statement Analysis and Security Valuation, 5th Edition, McGraw-Hill.

Relevant chapters and additional material will be announced throughout the course.

Examination: Written exam (120 min)

 

5) Economics of Entrepreneurship (70641)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Christian Schade

In this lecture we offer a theoretical background to macroeconomic, psychological and microeconomic aspects of entrepreneurship. Among macroeconomic aspects we present the role of the entrepreneur in the national economy, economic growth and the value of entrepreneurship. Psychological aspects include the personality of the entrepreneur and a typology of entrepreneurs. Microeconomic aspects treat problems at firm level such as incentives in entrepreneurial teams and financing problems.

Examination: Written exam (90 min)
 

 

Business Administration: Seminars (registration required!)

 

1) Seminar Empirical Research in Finance (englisch) (701143)
  • Seminar (2 hours/week)
  • Dr. Beatriz Mariano
  • Registration: If you are interested, please email annette.bauer@hu-berlin.de before 01.04.2019

This course introduces students to the major issues faced by an empirical researcher in the field of finance. The first part of the course focuses on the practical issues of carrying out an empirical research project, including the development of a research question, the literature review, the collection and processing of data, and the econometric analysis. In the second part of the course, the students will carry out an independent empirical analysis in the area of corporate finance, make a presentation and write a related seminar paper. The presentation will not be graded. The course lays a foundation for writing a bachelor thesis in empirical finance.

Participants: max. 20

Examination: Term paper

 
2) Seminar Innovative Entrepreneurship (70638)
  • Seminar (2 hours/week)
  • Prof. Schade
  • Registration: Please register via the registration form on the website of the Chair of Entrepreneurial and Behavioral Decision Making by 31 March 2019.

This course equips students with a deeper knowledge of selected aspects of the field of economics of entrepreneurship (i.e. this might cover the personality of the entrepreneur, gender aspects of entrepreneurship, macro- or microeconomic aspects of entrepreneurship). Students understand the fundamental requirements of working scientifically. Thereby, they have acquired the following basic skills: to conduct a scientific literature search, to write a scientific seminar paper, to critically evaluate and discuss their research with the audience. A component of the seminar is an ungraded presentation and discussion.

Max. number of participants: 20

Examination: Term paper

 

 

Economics: Lectures (no registration required)

 

1) Labour Economics (70829)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Jochen Kluve

The actors in the labor market: workers, firms, government; labor supply and labor demand; labor market equilibrium; compensating wage differentials; human capital; the wage structure; labor mobility; labor market discrimination; unemployment; labor market policy.

Literature:

  • Borjas, G.: Labor Economics, 6th edition (McGraw-Hill)

Examination: Written exam (90 min)

 
2) Migration Economics (709922)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Herbert Brücker

The students acquire knowledge of the economic analysis of international migration, the integration of immigrants into the labor market and the labor market effects of migration. They are acquainted with topics such as the theoretical explanations and empirical estimation of migration flows and stocks, the self-sorting of migrants, the transfer of human capital, the assimilation of wages and employment opportunities, and the causal identification of the wage and employment effects of migration.

Lecture: This course provides an overview on the economic analysis of internal migration, the labor market integration of immigrants and the labor market effects of migration. It covers both fundamental theories and empirical analyzes.

Exercise: Discussion of seminal papers focusing on the main topics of the lecture. Solving exercises addressing main topics of the course.

Preconditions: Knowledge in Labor Economics, recommended “Einführung in die Ökonometrie”.

Literature:

  • Baldwin and Wyplosz, The Economics of European Integration, ausgewählte Literatur aus Fachbüchern und –zeitschriften

Examination: Written exam (90 min)

 
3) Behavioral Economic Theory (709923)
  • Lecture+Tutorial (4 hours/week)
  • Dr. Johannes Maier

The course is decomposed into two parts. The first part of the course will be held as a lecture and will provide the foundations needed for the second part of the course. In these lectures, the topics/models will be introduced and the relevance of these models is discussed. From time to time there may be tutorials in which students learn how to solve the formal models introduced in the lecture. In the second part of the course each student has to report a recent paper in behavioral economics (possibly in group work).
These papers typically will be applications of the learned behavioral models to applied fields of economics, for instance applications to Industrial Organization or Contract Theory. The exam will ask questions regarding both presented papers and lectures.

Topics:
• Part 1: Time preferences
• Part 2: Reference-dependent preferences
• Part 3: Behavioral game theory (limited strategic thinking)
• Part 4: Quick overview of other recent topics in behavioral economics

Requirements: There is no formal requirement for the course. However, some knowledge in microeconomics and game theory is desirable.

Course Outline and Readings:
Behavioral Economics emerged out of a number of empirical and experimental puzzles, which were difficult to explain with the standard economic paradigm, the homo oeconomicus . Why do default decisions matter even if transaction costs are low? Why do people borrow on credit cards and, at the same time, hold substantial illiquid wealth? Why do people engage in charitable giving? Behavioral economics is the attempt to shed light on these and other puzzles by enriching standard theory with psychological realism, i.e., creating models about behavior that bring more accurate predictions.

The aim of the course is to make students familiar with the most important workhorse models in behavioral economics. At the end of the course, students should be able to apply these models to particular economic problems, e.g., moral hazard, savings for retirement, etc.. This course has a strong focus on formal theoretical models, but we will occasionally survey empirical and experimental studies without going into full details. There is no textbook that covers the main models discussed in this course. The material we are going to present is based on survey articles below and recently published original research articles.

1. Matthew Rabin. “Psychology and Economics”. Journal of Economic Literature 1 (1998), pp. 11–46.
2. Matthew Rabin. “A Perspective on Psychology and Economics”. European Economic Review 4-5 (2002), pp. 657–685.
3. Matthew Rabin. “An Approach to Incorporating Psychology into Economics”. American Economic Review 3 (2013),
pp. 617–22.
4. Stefano DellaVigna. “Psychology and Economics: Evidence from the Field”. Journal of Economic Literature 2 (2009),
pp. 315–72.
5. Vincent P. Crawford, Miguel A. Costa-Gomes, and Nagore Iriberri. “Structural Models of Nonequilibrium Strategic Thinking: Theory, Evidence, and Applications”. Journal of Economic Literature 1 (2013), pp. 5–62.

The complete reading list for each part of the course and suggested reading materials for presentation will be given in the first lecture.

Examination: Written exam (90 min)

 
4) Theory of Social Choice (70899)
  • Lecture+Tutorial (3 hours/week)
  • Prof. Dr. Wulf Gaertner
  • Also for MA students!

The lectures start out from Kenneth Arrow's famous Impossibility Theorem, discuss possibility results under restricted domains of preferences, consider the issue of manipulability or strategy-proofness, the exercise of individual rights in the framework of collective decisions, scoring functions and related schemes, Rawlsian and utilitarian justice, various bargaining solutions and finally
consider empirical studies in relation to distributive justice.

1. Introduction and Arrow's Impossibility Result from Different Angles

2. Domain Restrictions, Qualitative and Quantitative

3. Rights and Social Choice

4. Manipulability

5. Social choice Rules

6. Rawlsian and Utilitarian Justice

7. Cooperative Bargaining

Part of the lecture are an essay (8 - 10 pages) and presentation (ungraded).

Literature:

  • General readings: Arrow, K. J. 1963. Social choice and individual values , 2nd ed. New York: John Wiley.
  • Craven, J. 1992. Social Choice: A Framework for Collective Decisions and Individual Judgements , Cambridge: Cambridge University Press.
  • Gaertner, Wulf. 2009. A Primer in Social Choice Theory , rev. ed. Oxford: Oxford University Press.
  • Kelly, S. J. 1988. Social Choice Theory , Berlin, Heidelberg: Springer-Verlag.
  • Nurmi, H. 1999. Voting Paradoxes and How to Deal with Them . Springer-Verlag.
  • Sen, Amartya. 1987. “Social Choice”, in The New Palgrave, J. Eatwell, M. Milgate and P. Newmann (eds.) London: MacMillan.
  • Sen, Amartya K. 1984. Collective Choice and Social Welfare , Amsterdam; New York: North-Holland.

Examination: Written exam (90 min)

 
5) Network Based Energy Systems (707502)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Franz Hubert
  • Also for MA students!

The lecture familiarizes students with the basic notions and tools of the analysis of energy markets and strategic behavior in these markets with an emphasis on electric power and gas. The lecture is accompanied by a tutorial.
Preconditions: A good background in microeconomics, industrial organization and game theory.

Examination: Written exam (90 min)

 
6) International Macroeconomics (70818)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Dr. Florentine Schwark

The lecture develops a theoretical framework that is useful to think about a wide variety of topics in international macroeconomics (along the lines of “International Macroeconomics” by Schmitt-Grohé, Uribe and Woodford.). The tutorial helps understand the material of the lecture in different ways. First, some additional derivations of theoretical and empirical results are provided. Second, applications of the theory are illustrated.

Examination: Written exam (90 min)

 
7) Macroeconometrics (709915)
  • Lecture+Tutorial (4 hours/week)
  • Andreas Tryphonides, PhD

This course is tailored towards students that are interested in time series and empirical macroeconomics and will be a good complement to theoretical macroeconomics courses. The course will provide a rigorous exposition to several topics that will enable students to do competent empirical analysis: simultaneous equations, identification, endogeneity, method of moments – instrumental variables, stochastic processes and time series analysis, ARMA modelling, multivariate systems i.e. Vector Auto- Regressions and their relationship to modern dynamic macroeconomic models. Students will also learn how to implement some of these methods in statistical packages i.e. STATA.

Literature:

  • Stock and Watson (2015), Introduction to Econometrics, 3rd Edition, Pearson U Press
  • J.D. Hamilton (1994), Time Series Analysis, Princeton U Press

Examination: Written exam (90 min)

 
8) European Integration (70896)
  • Lecture+Tutorial (4 hours/week)
  • Prof. Michael C. Burda

Real economic integration by means of growth convergence, trade, factor mobility and fiscal transfers: theoretical and policy dimensions of the economic integration of Europe; recent history of European monetary and financial integration, and the rationale for European Monetary Union; the theory of optimal currency areas; the European Central Bank, fiscal and monetary policy in a currency union; the impact of banking and sovereign debt crises on the financial stability of the Eurozone.
Upon successful completion of the course, it is possible to write a bachelor thesis on topics related to European integration. Topics will be announced and assigned during the semester; bachelor theses are due in the period following the first exam date.

Literature:

  • Baldwin and Wyplosz, The Economics of European Integration, ausgewählte Literatur aus Fachbüchern und –zeitschriften

Examination: Written exam (90 min)

 

 

Economics: Seminars (registration required!)

 

1) Geopolitics of Energy Markets (707513)
  • Seminar (2 hours/week)
  • Tatiana Grandon
  • Registration: Registration takes place on the first meeting.

This Seminar reviews economic and policy aspects of global energy issues. We explore the geopolitics of energy in four dimensions: energy security, energy markets, energy sustainability, and energy poverty. First, we look into different countries energy needs, available resources and how they shape their strategies to accomplish energy security. We will begin the course analyzing the price, cost and market structure of fossil fuels and analyze future scenario projections. We will examine notions as energy crisis, strategic commodities, resource curse, resource nationalization. Why do countries liberalize their electricity and gas markets?
What are the benefits/problems of electricity liberalization in the Global North in the Global South? We will turn our attention to different geographies and examine policies to combating climate change. Finally, we will study the benefits that international energy transition is delivering, but we will also analyze the new inequalities and risks that can impact developing countries. We will use insights from economic theory to understand the involved trade-offs and to wisely quantify data. We will read some excerpts of energy policies and turning points in history. In the end, global energy economics is a complex topic that will require interdisciplinary approaches.
On the first class, you are expected to choose a topic. Read the corresponding given articles and schedule a presentation. Moreover, you are expected to actively participate in all seminar discussions, and write an essay answering the central questions of your chosen topic.
Part of the seminar is an ungraded presentation.

Preconditions: Mikroökonomie I

Maximum number of participants: 20

Examination: Essay

 
2) The Economics of Identity: Germany 1800 - 1914 (7010916)
  • Seminar (2 hours/week)
  • Prof. Dr. Nikolaus Wolf, Felix Kersting
  • Registration: For registration send an e-mail to j.brandt@wiwi.hu-berlin.de until 31 March 2019.
  • Also for MA students!

We discuss recent economic concepts to analyze the role of identity for human behaviour in the context of 19th c. Germany. In particular we will discuss frameworks by Akerlof and Kranton (QJE 2000), Shayo (APSR 2009), Caselli and Coleman (JEEA 2011), Alesina and Reich (NBER WP 2015), and Gennaioli and Tabellini (CEPR DP 2018). Next, we will apply insights from these frameworks to the emergence of national and class identities in Germany, and the decline of local and religious identities, as reflected for example in the construction of monuments, name choices, and membership in organizations.

Part of the seminar is an ungraded presentation (20 min).

Participation limit: 20

Examination: Term paper (empirical (15 pages))

 

 

Quantitative Methods: Seminars (registration required!)

 

1) Statistical Programming Languages (70 1016)
  • Seminar (2 hours/week)
  • Lisa Steyer, Alexander Volkmann
  • Registration: Registration in the first meeting.

A component of the seminar is an ungraded presentation. Details see https://hu.berlin/stat_lehre
Reason for block course: For educational reasons it is more reasonable to teach skills of a programming language in a block course.

The course is limited to 30 participants.

Examination: Term paper

 
2) Selected Topics in History of Statistics (701031)
  • Seminar (2 hours/week)
  • Dr. Annette Vogt
  • Registration: Registration in the first meeting.

A component of the seminar is an ungraded presentation (30 min).

No participation limit.

Students who have already passed the course 701031 "What is statistics? - From the historical perspective" cannot register for this course.

Examination: Term paper

 

 

Quantitative Methods: Lectures (no registration required)

 

1) Statistical Inference I (7010321)
  • Lecture+Tutorial (4 hours/week)
  • S. Greven, L. Steyer
  • Also for MA students!

Details under https://hu.berlin/stat_lehre

Examination: Written Exam (90 min)

 
2) Generalized Regression (7010322)
  • Lecture+Tutorial (4 hours/week)
  • S. Greven, A. Volkmann
  • Also for MA students!

Details under https://hu.berlin/stat_lehre

Examination: Written Exam (90 min)

 

 

Also interesting: Classes "Berlin Perspectives"

 

A variety of interesting classes you can also choose from:

Please check with your home university if classes can be credited at home

https://www.hu-berlin.de/en/institutions/administration/bolognalab/projekte-des-bologna.labs-en/berlin-perspectives/kursprogramm

 

See you soon!