Technische Hochschule Deggendorf

What can we do to control trade, why do we have tariffs or other trade barriers, what are the effects of a tariff, what are the costs and benefits of a tariff (consumer and producer surplus), how can we measure the costs and benefits of tariffs, what is export subsidy, lots of graphs to explain everything

Explanation of the standard trade model with the help of graphs, trade in the standard trade model, determination of the world equilibrium, how can we explain economic growth

Explanation of the Heckscher-Ohlin model with the help of graphs, what is the two factor economy, trade in the heckscher ohlin model, factor- price equalisation

Explanation why a country trades with some countries more than with others, Graph of the gravity model

How do we present taxes in financial statements? What are deferred taxes and why do they occur?

How to recognise provisions, types of provisions, measurement of provisions

What are financial instruments? How can we measure financial assets? Compound financial instruments, hybrid forms

How can we calculate the cost of inventories? What is the net realisable value and how do we calculate it? What is the value added tax? Construction contracts and how to recognise contract revenues and expenses

Classification of leases , accounting for different kinds of leases, calculation of present value , two methods to calculate the finance charge (Interest that has to be paid)

What happens when there is a change in accounting policies? What do we have to do with our financial statements? What if we make errors and recognise it in a period later?