• Explain the complex relationship between external economic factors and entrepreneurial decisions
• Identify and explain the relevance of economic theories for describing and explaining real-life
phenomena
• Identify microeconomic and macroeconomic cause-and-effect-relationships and apply them on necessary decision in companies
• Analyse and evaluate economic problems in reality using economic methods
• Describe, present, analyse and evaluate present topics of economic policy
• Identify the relevance of rules and rule systems (institutions) for explaining and solving problems in society,
• Based on economic theories develop, discuss and evaluate solutions for societal problems
Sample Solution
