Das Modul Grundlagen des Wirtschaftsrechts und Corporate Governance baut auf den im Modul Einführung in das Recht erworbenen Rechtskenntnissen auf und erweitert diese um wesentliche Aspekte aus folgenden Bereichen:

• Aktiengesellschafts- und GmbH-Recht
• Corporate Governance
• Kapitalmarktrecht
• Stiftungs- und Anstaltsrecht
• Trustrecht
• Erbrecht
• Arbeitsrecht
• Handelsrecht
• Zivilprozessrecht
• Strafrecht und im Speziellen Wirtschaftsstrafrecht
• Internationales Gesellschaftsrecht

• Beschreibende Statistik
• Häufigkeitsverteilungen (Aufbereitung qualitativer und quantitativer Daten)
• Kennzahlen für uni- und bivariate Daten (Lage-, Streuungs-, Konzentrations- und Zusammenhangsmaße)
• Graphische Darstellungen (Stab-, Balken-, Streudiagramme, Histogramme, Box-Plot)

• Wahrscheinlichkeitsrechnung
• Wahrscheinlichkeitsraum und Additionssätze für Wahrscheinlichkeiten
• Bedingte Wahrscheinlichkeiten (Pfadregeln, Satz von Bayes, Unabhängigkeit von Ereignissen)
• Zufallsvariablen und ihre Verteilungen, Lage- und Streuungsmaße sowie Schiefe und Kurtosis (Binomial-, Poisson-, Normal-, Exponential-, Student-t-, Chi-Quadrat-, F-Verteilung & zugehörige Grenzwertsätze)
• Unabhängigkeit von Zufallsvariablen und Rechenregeln für Erwartungswert und Varianz

• Induktive Statistik
• Punkt- und Intervallschätzungen für Mittelwert, Varianz und Wahrscheinlichkeiten
• Grundlagen des Testens von Hypothesen über Mittelwerte und Mittelwertdifferenzen
• (Teststatistik, Fehler 1. Art, Fehler 2. Art, Entscheidungsregeln)
• Chi-Quadrat Test auf Unabhängigkeit zweier Zufallsvariablen

• Einfache lineare Regression
• Prinzip der kleinsten Quadrate
• Standardfehler der Residuen
• R^2-Koeffizient
• Überprüfung der Modellannahmen (Tukey-Anscombe-Plot; Q-Q-Plot)
• Varianzanalyse (ANOVA-Tabelle)

Vorlesung

Following a short introduction to international economics, the module provides an understanding of the basic principles of international trade, trade policy and international finance. In detail the contents of the module include:

• Definition and scope of international economics
• Fundamentals of international trade theory and policy
• actors and patterns in world trade
• trade models (Ricardian, Heckscher-Ohlin, Standard)
• imperfect competition and international trade
• international factor movements
• international trade policy instruments, arguments and controversies
• Exchange rates and open economy macroeconomics
• national income and balance of payments
• money, interest and exchange rates
• International monetary system and policy
• policy goals and options
• international coordination

The students will develop an understanding of of the basic principles of international trade, trade policy and international finance.
Furthermore, they will test theories of international economics to explain past developments in world trade and finance. This will enable them to judge the applicability of theoretical approaches in international economics to evaluate and predict future behavior of market participants

Inskription ab WS23/24
Diese Zugangsvoraussetzungen:

• Für die Anmeldung zu Modulen der Vertiefungsrichtung müssen die Module Statistik, Wirtschaftsmathematik und English I erfolgreich absolviert sein.
• Zusätzlich muss für die Anmeldung zur Vertiefung IME das Modul Strategisches Management erfolgreich absolviert sein.

Inskription vor WS23/24
Entweder obige Zugangsvoraussetzungen oder:

• Für die Anmeldung zu Modulen des fünften Semesters müssen alle Module des ersten Studienjahres erfolgreich absolviert sein.
• Wahlfächer bleiben für diese Regelungen vollständig ausser Betracht.

Das Modul Grundlagen des Rechts dient der Vermittlung grundlegender Rechtsinstitute des liechtensteinischen Privatrechts sowie einer Einführung in das Öffentliche Recht Liechtensteins samt seinen Bezügen zum Recht des Europäischen Wirtschaftsraums.

• Einführung in die liechtensteinische Rechtsordnung
• Rechtsgeschäftslehre
• Schuldrecht Allgemeiner Teil (Leistungsstörungen, Gewährleistung, Änderungen im Schuldverhältnis)
• Schuldrecht Besonderer Teil (Vertragstypen, Schadenersatzrecht)
• Sachenrecht
• Konsumentenschutzrecht
• Einführung in das Strafrecht
• Grundzüge des materiellen Strafrechts
• Besonderheiten der liechtensteinischen Staatsform
• Grundzüge des Staatsorganisationsrechts
• Gesetzgebungsprozess
• Funktion des EWR und Auswirkungen der EWR-Mitgliedschaft auf die liechtensteinische Rechtsordnung

Vorlesung

• Communication skills
• Writing skills
• Business English

• Exercise with max. 30 participants
• Group and individual work
• Discussions and role plays
• Presentations and mini-lectures

Das Modul Rhetorik & Präsentation umfasst die Schwerpunkte Vorbereitung bzw. Strukturierung von Vorträgen, Visualisierung von Vorträgen, Leitung von Besprechungen, die Instrumente der Argumentation bzw. Verhandlung sowie die emotionsbasierte charismatische Rede. Zur Vorbereitung bzw. Strukturierung von Vorträgen gehören die Vorbereitung an sich, Einstieg, Gliederung und Schluss der freien Rede sowie die nonverbale Kommunikation. Moderne Präsentations- und Vortragstechniken werden unmittelbar eingeübt und erfolgreich angewandt.

Präsentationen, Fallstudien, Diskussionen

Essay, praktische Prüfung (Rollenspiel, Fallstudie)

Im Rahmen der Masterthesis sollen die erworbenen Fach- und Methodenkenntnisse von den Studierenden eingesetzt werden. Ein wichtiger Fokus liegt auf der korrekten Anwendung der Techniken des wissenschaftlichen Arbeitens. Die Studierenden werden bei der Vorbereitung der Thesis durch erfahrenes wissenschaftliches Personal unterstützt. Es kann in Abstimmung mit dem Studiengangmanagement zu Beginn des letzten Semesters der Vertiefungsmodule mit der Bearbeitung begonnen werden.

Die Lerninhalte aus der Managementlehre werden um Ansätze des Komplexitätsmanagements und des vernetzten Denkens ergänzt, um die Studierenden zu befähigen, komplexe Situationen zu bewältigen. Im Einzelnen werden vernetztes Denken und Netzwerktechnik sowie verschiedene Ansätze des Komplexitätsmanagements behandelt.

Präsentationen, Fallstudien, Diskussionen

Essay, Fallstudienanalyse

Distributed ledgers and especially blockchains have primarily become known for their key role in the rise of cryptocurrencies. Distributed ledger technology (DLT) is a generalized term for the cryptographic technology cryptocurrencies (e.g., Bitcoin) and blockchain networks are based on. They are described as decentralized database systems spread over a multitude of network participants. Information stored and spread within the network can only be altered and added by a democratic consensus mechanism. This forms a more secure, reliable and trustworthy system compared to centralized, server-based data storage. Each blockchain protocol balances security, scalability, efficiency, and performance to meet the needs of its application purpose. Blockchain technology and linked use cases have witnessed tremendous adoption since the introduction of Bitcoin in 2008. For example, DLT and blockchains also build the base for digital representation of physical goods and of rights.

The goal of this class is twofold. The first section of the class will explain what exactly this technology is, where it originates and what problem this technology solves - or even creates. You do not need any prior knowledge of those technologies and terms.

The second part will investigate practical use cases, blockchains in the light of money, legislation, and further trends how this technology can impact the world in which we live.

The class will analyze different facets of blockchains, including its socio-cultural as well as socio-economic consequences. Architecture students are also welcome to this cross-faculty elective, since there are many potential use cases in the urban administration, communal life and housing that could be explored. For example: How does blockchain technology effect urban planning, property development and tenant management? What are its potentials for democratizing urban planning to include needs and wants of the local community and include them more directly? How can the management of large-scale multi-partner construction projects be improved through blockchain?

Course will be conducted partially in presence, partially virtual, cameras are required and must be always activated during online participation. Details will be announced during the first session which students are required to attend. Ask questions throughout class and during office hours or by email.

Interactive lectures with group work, presentations and assignments.

Participants will:

• Acquire knowledge about the technological fundamentals of blockchain and related technologies and can explain the most common consensus mechanisms.
• Understand how blockchain and related technologies may impact our daily life and how the individual student can benefit from the gathered insights.
• Know what smart contracts are and have a basic knowledge of how to code a simple ERC20 Token
• Understand the principles of tokenization and can distinguish between different types of cryptocurrencies or blockchains accordingly to their field of application.
• Have basic knowledge of current changes happening in commerce and finance with respect to blockchains.
• Learn how to familiarize themselves with a topic foreign to them.
• (Non-native speakers) enlarge their English vocabulary in areas of technology and finance.
• Improve their critical thinking, social interaction, and scientific skills.
• Train their behavior in verbal communication, presentation, and discussion.
• Practice the autonomous conduct of short written reports.

This seminar will be an opportunity to get familiar with basic concepts and terminology concerning blockchain and trustworthy technology. It provides an opportunity to learn about the application of blockchain technologies in real world cases and to discuss future fields of application. Some students will be able to work on a long-term group assignment.

Whenever independent research is conducted, all students are encouraged to use their mother tongue, too.

The first lecture will provide you an overview of our aims and means. Literature will be provided during the course.

Current articles and information videos
Will be distributed at the beginning of the course.

Presentation slides, interactive documents

Parts of assessment:

A: Participation within class and in discussions (20%)
B: individual assignment in writing (20%)
C: (group) projects (30%)
D: final exam (30%)

Attendance: min. 80% mandatory

Further details will be explained at the first meeting.

Grading

The Changing World Order: Geopolitical and Social Dynamics and a Practical Guide to Dealing with the Future Based on Lessons from the Past.

The world is changing in big ways that have not happened before in present lifetimes but have many times in history. So we need to
(A.) study past changes to understand what is happening now and help to
(B.) anticipate what is likely to happen.
This seminar provides an overview of the geopolitical and social dynamics of a changing world order.
(A.) To analyze the past, two theories are being introduced: (1) Big Debt Cycle Theory: Students will define the geopolitical forces that drive nations to fail and succeed and apply variables of such changes to their professional and personal lives. (2) Generational Theory: Modern history moves in cycles, each one lasting about the length of a long human life, each composed of four eras-or "turnings"-that last about twenty years and that always seem to arrive in the same order. These turnings have different dynamics and seem to shape different characters.
(B.) A Look into the future: Even though, we do not know what the future will look like exactly, we are able do define a collection of megatrends that will shape our future, e.g. forces of technology, education, nationalism, post truth, work, equality. But which tools will be relevant to navigate these megatrends and an ever-changing-world on a personal and professional level? Megatrends help us to describe the future so we are able to define such core competencies that will be relevant for the future, e.g. the four Cs: Critical thinking, Communication, Collaboration, Creativity.

lecture, reading, discussion, presentation, group work, games, self-reflection, writing, video, podcasts

Students will know about and be able to discuss (Learning Outcomes):
1. the Big Debt Cycle Theory (quantitative model): The geopolitical forces that drive nations to fail and succeed and apply variables of such changes to their professional and personal lives.
2. the Generational Theory (qualitative model): Modern history moves in cycles, each one lasting about the length of a long human life, each composed of four eras-or "turnings"-that last about 25 years and that always seem to arrive in the same order throughout history.
3. A collection of Megatrends of the future: A future outlook on most urgent issues, concepts and a global conversation about how to take on the problems of the 21st century.
4. Constructive Tools for the future: define critical skills that will help navigate future megatrends.
5. Personal and professional strategies to master macro mega-trends on a micro level.
6. Explore and define theories of a dominant economic, social and political transition over centuries from past to future - e.g. the shift from an industrial to an information-based society.

Dalio, R. (2021). Principles for Dealing with The Changing World order: Why Nations succeed and Fail. UK: Simon + Schuster.
Strauss, W. & Howe, N. (1997). The Fourth Turning. An American Prophecy. New York: Broadway Books.
Davidson J.D. & Rees-Mogg Simon, W. & Schuster. (1997). The Sovereign individual. Mastering the Transition to the Information Age. Touchstone.
Sustainable Development Goals by the UN: https://sdgs.un.org
Harari, Y. N. (2013). A Brief History of Mankind. London: Vintage.
Harari, Y. N. (2019). 21 Lessons for the 21st Century. London: Vintage.
Ammous, S. (2018). The Bitcoin Standard. Wiley.
Srinivasan, B. (2021). The Network State: How to Start a New Country.1729.
Durant, W. (1996). The Lessons of History. Simon & Schuster.
Hofstede, G. (2001). Culture's Consequences: Comparing values, behaviors, institutions and organizations across nations. Thousand Oaks, CA: Sage Publications.
Hofstede, G. (2004). Cultures and Organizations: Software of the Mind. Third Millennium Edition, New York: McGraw-Hill.
Ridley, M. (2016). The Evolution of Everything. How new Ideas Emerge. New York: Harper Collins Publishers.
Talbit, M. (2014). Critical Reasoning: A Romp Through the Foothills of Logic for Complete Beginners. University Press: Oxford.
Trompenaar,F & Prud`home, P. (2004). Managing Change Across Corporate Cultures (Culture for Business. Wiley & Sons Verlag: Rotterdam.

Will be provided via Moodle

Parts of assessment:
A: 70% Classroom Activity:
Small group tasks tied to reading, Activities connected to questions, problems, and reading material, In-class writing that's exploratory and/or writing-to-learn, Formal writing assignments supported by explicit instruction, drafts, and revision, Mini-presentations

B: 30 % Reflective Portfolio (one longer assignment at the end of the course, consisting of a set of exercises)

Attendance min. 80%

Grading