434390 VU Understanding Business and Economy - an Integrated Perspective
summer semester 2022 | Last update: 04.03.2022 | Place course on memo listUniv.-Prof. Mag. Dr. Michael Kirchler Univ.-Prof. Mag. Dr. Michael Kirchler, +43 512 507 73014
In this course, which takes place close to the graduation, students learn the facts and drivers behind the major challenges of our time, e.g. climate change, increasing inequality, AI and robotics as well as international conflicts.
In addition to the lectures by the course instructors, the resulting discussions are a central part of the course, and students are encouraged and encouraged to actively participate in the discussions.
As a learning outcome, we aim to train graduates who are better informed, reflective and confident in discussions, who are willing to contribute as active citizens to the important topics of the future.
Current economic issues and challenges as well as reflective approaches to dealing with them are discussed. Climate change, inequality, irrational behavior and the future of the global economy are central topics. The following topics are dealt with in the lecture units:
· Climate crisis I: facts (basics of behavioral science), outlook and ways of counteracting (e.g. carbon dividend: carbon tax, border adjustment tax).
· Climate crisis II: Green Investment SRI & ESG: Greenwashing or useful approaches?
· Human (irrational) behavior in business and society I: Behavioral economics and how this influences your private and economic life (e.g. biases, nudging, ethical dimensions, happiness research).
· Human (irrational) behavior in economy and society II: conspiracy theories, populism, the democratic system of the future.
· Inequality in opportunities and wealth: causes, trends, consequences and ways to counteract.
· The future of the world economy I: Paradigm shift in inflation & interest rates and how these affect stocks and property prices (e.g: “Free money for all” and “Political capitalism”).
· The future of the world economy II: Globalization or Slowbalisation: how the world economy and supply chains are currently changing; Case study China.
· The future of the global economy III: Digitization, AI and robotics: how is this changing the world of work?
lecture, discussion and group-presenations by students
- written exam with open questions and MC-part
- group presentation by students
will be provided in OLAT
See Curriculum
- SDG 3 - Good health and well-being: Ensure healthy lives and promote well-being for all at all ages.
- SDG 4 - Quality education: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
- SDG 7 - Affordable and clean energy: Ensure access to affordable, reliable, sustainable and modern energy for all.
- SDG 8 - Decent work and economic growth: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
- SDG 9 - Industry, Innovation, and Infrastructure: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.
- SDG 10 - Reducing inequalities: Reduce income inequality within and among countries.
- SDG 11 - Sustainable cities and communities: Make cities and human settlements inclusive, safe, resilient, and sustainable.
- SDG 12 - Responsible consumption and production: Ensure sustainable consumption and production patterns.
- SDG 13 - Climate action: Take urgent action to combat climate change and its impacts by regulating emissions and promoting developments in renewable energy.
- SDG 16 - Peace, justice and strong institutions: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.
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Group 0
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| Date | Time | Location | ||
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Thu 2022-03-10
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-03-17
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-03-24
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-03-31
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-04-07
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-04-28
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-05-05
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-05-12
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-05-19
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-06-02
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-06-09
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-06-23
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |
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Thu 2022-06-30
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10.00 - 12.45 | HS 1 (Sowi) HS 1 (Sowi) | Barrier-free | |