Otto-von-Guericke-Universität Magdeburg


Teaching "Economics of Business and Law"

"Economics of Business" teaches students to apply economic theory to management problems. Managers do not only have to solve incentive and information problems within their organizations, they also have to cope with market competitors, factor deliverers, or banks. "Economics of Law" fosters the understanding of (and the influence on) the design of the legal environment of the firm may play a vital role for managerial success. Three keywords, thus, structure the teaching "Economics of Business and Law": organization, markets, and politics.

Students who aim at a career in internationally-operating organizations and firms increase their strategic competence when possessing an analytical toolbox, as taken from game theory, contract theory, and public choice. While these quantitative economic tools may often require some mathematics, the teaching of "Economics of Business and Law" focuses on its practical applicability. Moreover, the theoretical insights are discussed and criticized in the light of experimental results.

Up-to-date information regarding contents and organization of currently offered seminars and courses can be found here (E-Learning).

Until further notice, the following courses and seminars will be offered during the next terms.

Winter Term


Courses Collective Decision-Making in Organizations Masters 2L 1T
  Principles of Management Bachelors 2L 1T
  Financial Management Bachelors 2L 2T
Seminars Advanced Business Economics Masters    
  Masters Thesis Seminar      


Summer Term


Courses Economic Analysis of Law Bachelors 2L 1T
  Economics of International Business Masters 2L 1T
Seminars Topics in Economic Analysis of Law Masters    
  Bachelors Thesis Seminar      
  Masters Thesis Seminar      
Letzte Änderung: 29.03.2017 - Contact Person: Webmaster