Applied Economics

Karin Rose

Research Profile & Focus

Companies operate in a changing macroeconomic environment and specific regulatory and institutional frameworks. For the students at HSBA - to mediate in accordance with the dual philosophy, a "theory of practice" - it is essential to understand relationships and processes in markets, the effects of economic policy and the macroeconomic and global economic developments and apply them to their respective companies.

The Department of Applied Economics follows this direction both in teaching and research by focusing on the reciprocal transfer between theory and practice, and the exchange between science and practice.

HSBA students are strongly invited to actively participate in the various activities of the Department. For example, a team of HSBA students participated at the Postbank Finance Award 2011 with a thesis on "Game theoretical analysis of the euro crisis" and - among nationwide more than 50 submissions  - came up to 4th place, which was endowed with an award of 7,500 Euro.



In teaching, the Department offers a series of lectures in the scope of  bachelor and master programs. The English curriculum includes the following events:

Bachelor's Programme

  • Microeconomics
  • Macroeconomics
  • Alternating special topics are offered in the electives

Master's Programme

  • Game Theory
  • Economics
  • International Economics
  • International Economic Policy
  • European Economic Integration
  • Public Finance
  • New Institutional Economics 

Research Areas

In research, the Department focuses on the following topics: globalisation, the future of Europe, Hamburg as a business location and international business ethics.

1. International Monetary Economics

  • Financial and Foreign Exchange Markets
  • European Integration and the Future of the Euro
  • Monetary Policy and Central Banking

2. Business Strategy and Economic Behaviour

  • Game Theory
  • Industrial Organisation
  • Digital Transformation
  • Behavioural Economics
  • Ethics

3. Urban Economics and Regional Development

4. Sports Economics and Sports Management