Technische Universität Ilmenau

Reading Theory - Markets, Institutions, Innovation - Interactive curriculae of TU Ilmenau

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module properties Reading Theory - Markets, Institutions, Innovation in degree program Master International Business Economics 2024
module number201363
examination number2500672
departmentDepartment of Economic Sciences and Media
ID of group 2544 (Law and Economics of Digitalization)
module leaderProf. Dr. Juliane Mendelsohn
term summer term only
languageEnglisch
credit points5
on-campus program (h)22
self-study (h)128
obligationelective module
examalternative examination performance
details of the certificateIn a presentation each students must summarise a difficult paper well and delivers an individual comment on it.  40 minutes, consisting of a 20-minute presentation and a 20-minute discussion in which questions from the examiners and other students must be addressed. Students are graded at the end of the semester based on their presentation and overall contribution/participation. (Alternative examinations can also be conducted in German.)
link to Moodle course
teacherAmjad Aun, M. A.
signup details for alternative examinationsThis module contains at least one alternative exam part. Please note that this must usually be registered at the beginning of the semester in which it is offered.
The lecturer and/or the examination office will inform you about the details and time periods. If necessary, be sure to ask the lecturer.
maximum number of participants
previous knowledge and experienceBasic knowledge of economic systems and economic theory
learning outcomeStudents are able to approach, comprehend and reflect upon new ideas and difficult texts:   Theoretical Competence:Students are able to autonomously approach, understand, apply and reflect on fundational works that have shaped their field of study,
Methodological Competence:Students have learned to summarize and analyse complex text and to engage with the work and thoughts of other students. 
Social Competence:Students have learned to engage in a critical and constructive debate and to ask and answer questions that aid the comprehesion skills of the group as a whole. 
contentGuided self-study and learning methodologically approaches to comprehendening complex texts: Reading and discussing 14 challenging texts, presenting one paper individually. The individual presentation includes a 20min delivery and 20min discussion. Attendance of and participation in all 14 presentations and prepatory reading is intended
media of instruction and technical requirements for education and examination in case of online participationPowerPoint, Moodle
literature / references.    Rawls, J. (1971). A Theory of Justice. Cambridge, MA: Belknap Press of Harvard University Press.
.    Nozick, R. (2006). Anarchy, state, and utopia (2nd ed.). Basic Books.
.    Hayek, F. A. (1939). Profits, interest, and investment: And other essays on the theory of industrial fluctuations.
.    Keynes, J.M. (1936) The General Theory of Employment, Interest and Money, Palgrave Macmillan, London.
.    Schumpeter, J.A. (1934) The Theory of Economic Development: An Inquiry into Profits, Capital, Credits, Interest, and the Business Cycle. Transaction Publishers, Piscataway.
.    Schumpeter, J. A. (2003). Capitalism, socialism and democracy (R. Swedberg, Introduction).
.    Arrow, K. J. (1962). Economic Welfare and the Allocation of Resources for Invention. In The Rate and Direction of Inventive Activity.
.    Arrow, K. J. (1963). Uncertainty and Welfare Economics of Medical Care. The American Economic Review.
.    Friedman, M. (1953). Essays in positive economics. University of Chicago Press
.    Friedman, M. (1972). Comments on the critics. Journal of Political Economy
.    Popper, K. (1959). The logic of scientific discovery. Basic Books.
.    Acemoglu, D., & Robinson, J. A. (2013). Why nations fail. 
.    Piketty, T. (2014). Capital in the 21st Century. Harvard University Press.
.    Von Mises, L. (1935) Economic Calculations in the Socialist Commonwealth.
.    Marx, K. (1867). Capital: A critique of political economy. Volume 1, Part 1: The process of capitalist production.
.    Mill, J. S. (1874). Essays on some unsettled questions of political economy (2nd ed.).
.    Simon, H. A. (1955). A behavioral model of rational choice. The Quarterly Journal of Economics
evaluation of teaching