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Methodological Competence
  • Know the central mathematical techniques for economic analysis that are often used in business applications.
  • Understand the economical content of the assumptions used to derive economical laws and describe these assumptions in words and mathematical symbols.
  • Use the concepts discussed in a correct and purposeful way and interpret the results in the context.
  • Use pocket calculators to find the results needed.
  • Apply standard learning techniques in abstract contexts so that they get used to working with scientific publications on their own.
  • Can analyze economic or business cases using mathematical models.
  • Can propose economic laws and check those laws using mathematical techniques.
  • Can critically check the contents of mathematical models while planning economical action or deriving economic laws.
  • Build up skills to argue rationally in a scientific environment.
Professional Competence
  • Know the basic algebraic rules for matrix operations and can point out the differences from the algebra of numbers.
  • Know the basic notions of financial economics.
  • Explain the basic notions of financial economics in different ways.
  • Can graphically demonstrate the solutions of linear equation systems with two unknowns.
  • Use the methods of financial economics in a correct and purposeful way to solve typical problems concerning interest, compounding, time values, annuities, investments, repayments, interest rates and returns.
  • Use matrix calculations to solve problems concerning input-output-analyses and multistep production processes.
  • Use methods to solve linear equation systems systematically.
  • Solve problems of linear optimization graphically or algebraically and interpret the results in the context.
  • Calculate and interpret marginal effects.
  • Use the Lagrange multiplier method to solve nonlinear optimization problems and use the envelope-theorem to interpret the results in the form of a sensitivity analysis.
  • Can derive the geometry of a linear equation system with more than two unknowns.
  • Can interpret the final tableau of the simplex-algorithm in the form of a sensitivity analysis and identify the changes in the solutions if one of the active restrictions changes.
Personal Competence
  • perceive their own learning ability and motiviation.
  • communicate autonomously, reflect upon their own actions and assess themselves.
  • perform by self-discipline, flexibility and target-orientation.
  • stand out by their commitment, conscientiousness and reliability.
  • represent their self-reliance and self-motivation and thereby positively influence their motivation.
Social Competence
  • follow the course held by lecturer (input, issues and solutions) and pay attentio to remarks of fellow students.
  • solve the tasks of the lecturer in small groups as well as during self-studies.
  • asses solution-suggestions from fellow students (being able to provide constructive criticism).
  • are characterised by special skills in teamwork, communication and the ability to cooperate.
  • express and justify their own solution proposals in case of criticism by lecturer or fellow students (ability to accept criticism).
Methodological Competence
  • know the underlying sources of law as well as relevant literature.
  • understand the basic structure of the individual legal sources.
  • are capable to interpret the underlying legal sources accordingly.
  • solve practical cases with reference to the legal basics and relevant literature.
  • are able to compare different types of contracts and identify similarities and differences.
  • elaborate different types of contracts independently, taking into account the legal basics and the relevant literature.
  • assess practical case constellations with regard to applicable public and civil law
Professional Competence
  • know the Liechtenstein legal system.
  • know the functions, the requirements, the effects and risks of legal actions.
  • know the economic-relevant topics of contractual and noncontractual liability and property law.
  • recognise the differences between public and civil law.
  • describe the specific risks in the B2C and B2B-area.
  • apply the learned theoretical basics by solving practical cases.
  • recognize different types of contracts and identify similarities and differences.
  • work out different types of contracts.
  • select suitable solution strategies by taking into account specific information.
Personal Competence
  • lernen das selbstständige Initiieren von Projekten
  • können andere Fachperspektiven bewusst einnehmen
  • können verbindliche Standards professioneller mündlicher und schriftlicher Kommunikation kennen, verstehen und anwenden
  • können wissenschaftliche Erkenntnisse angemessen in projektbezogene Situationen und Kontexte übertragen und einbringen
  • können eigenes Problemlöseverhalten reflektieren und selbst regulieren
Social Competence
  • lernen das Arbeiten im Team
  • können im interdisziplinären Kontext adressatenbezogen kommunizieren
Methodological Competence
  • erstellen einen Antrag
  • entwickeln Ideen
  • kennen und verstehen Faktoren erfolgreicher Einzel- oder Teamarbeit und können Methoden und Regeln erfolgreicher Einzel- oder Teamarbeit in die Praxis umsetzen
  • recherchieren Projektthemenbezogen in Datenbanken, Internet und in der Bibliothek
  • können komplexe Texte kritisch lesen und analysieren, Strukturen erkennen und Widersprüche aufdecken sowie Fakten von Interpretationen unterscheiden
  • übersetzen ihre Idee in die Praxis
  • stellen ihr Projekt visuell dar und kommunizieren es in Sprache und Schrift verständlich
  • können sachgerechte und zielgruppenspezifische Präsentation von Projektinhalten erstellen und durchführen
  • überprüfen die Darstellungsmethode und stimmen diese auf ihr Projekt ab
  • setzten sich rückblickend mit dem Prozess auseinander
  • können Projektergebnisse nach wissenschaftlichen Kriterien dokumentieren, gliedern und aufbereiten (Projektdokumentation, Abschlussbericht, Abschlusspräsentation)
Professional Competence
  • Writing an application
  • Developing ideas and concepts
  • Know and understand factors of successful individual or team work as well as put methods and rules of successful individual or team work into practice.
  • Research on project-related data in the internet and in the library.
  • Read and analyse complex texts critically, recognise structures, uncover contradictions and distinguish facts from interpretation.
  • Visualise a project by intelligibly communicating it
  • Adjust the presentation format to the project
  • Self-evaluate the project
  • Production of project documentation
  • Create and execute appropriate and target group-specific presentations of the project.
  • Structure and process project results according to scientific criteria (project documentation, final report, final presentation).
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