Bayreuth International Summer School â€“ International Economics and Management at University of Bayreuth

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Economic Growth, Development, and Institutions Long-run economic growth has excellent potential to dramatically increase the standard of living. If incomes per capita grow at 3% annually, they will double approximately every 25 years. In this case, throughout a century, salaries will increase by a factor of 16, changing the quality of people's livelihoods to a great extent. In this course, we will study which factors can contribute to such considerable income growth and the associated improvements in the standard of living. We will also analyse which factors tend to stand in the way of such enormous growth potential. As some economies grow fast and others lag, several concerns related to societal development can emerge, such as substantial incentives to migrate from one country to another. Among other topics highly relevant to development, we will study the impact of migration on the receiving and the sending countries. Throughout the course, we will use a combination of theoretical and empirical approaches. Students will also learn to apply economic thinking to solve real-world problems related to growth and migration. International Management In the context of globalisation, economic and business activity is becoming increasingly internationalised. For many multinational enterprises and managers who are internationally active, it is a big challenge to handle the problems caused by unfamiliar values and practices in international business. This module emphasises the cultural issues in the business world. It addresses a basic understanding of culture, theoretical models for comparison of cultural differences, and the awareness of culture-specific problems in international economic cooperation through short and long case studies. The information provided in the course will help the students understand the complexity of the globalised business world. It is also relevant to understand the cultural and social systems as well as their differences, which can cause confusion, misunderstanding, and even conflicts. This course aims to help students understand how intercultural competences can facilitate interaction and cooperation with business partners of diverse cultures, leading to awareness and the integration of cultural characteristics, and in turn, producing added value. For more detailed information on the course content and lecturers, please visit our website.