Doing Business in Germany (Course, Master)

Syllabus of the Online Subject - Doing Business in Germany.

1. Introduction to the Federal Republic of Germany (European Union)
2. Federated States of Germany
3. Economic Profile of the main cities of Germany
4. Economy of Germany
5. Germany as the European Economic Engine
6. Germany: the most important political actor of the European Union
7. German Industry
8. German services sector
9. German Foreign Trade
10. Foreign Direct Investment (FDI) in Germany. German's investments abroad
11. Case Studies:
    1. Allianz Group
    2. VOLKSWAGEN Group
    3. Bayer
    4. Henkel
12. Access to the German Market
13. Business Plan for Germany

The objectives of the Online Subject “Doing Business in the Federal Republic of Germany” are the following:

1. To analyse the strengths of the German Economy and Foreign Trade
2. To know the business opportunities in the German Market
3. To analyse trade relations of Germany with the student's country
4. To know the German Free trade agreements as a member of the European Union
5. To understand the importance of Germany as the first European economy and political leader of the EU
6. To develop a business plan for the German Market

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Description of the Online Subject: Doing Business in Germany:

Germany: The leading European economy and political leader of the European Union.

The Federal Republic of Germany (Europe)

1. Language: German
2. German Borders: France, Belgium, Luxembourg, the Netherlands, Denmark, Poland, the Czech Republic, Austria, and Switzerland
3. Capital: Berlin
4. Area: 357,022 square kilometres
5. German Population: 82 million people
6. Religion in Germany: Christianity.
   1. Catholicism (50%)
   2. Protestants
7. Germany belongs to Western-Christian Civilisation (European Economic Area)
   1. The Nobel Peace Prize Albert Schweitzer was born in Germany

German Economy

1. With a gross domestic product of 2,423 trillion of euros, the Federal Republic of Germany is:
   1. The Largest European economy
   2. The Third largest economy in the world
   3. The Fifth largest economy (Purchasing Power Parity)
   4. One of the largest industrialised nations
2. Frankfurt is the financial centre of the Federal Republic of Germany (the largest stock exchange in Europe)
3. The industry is the largest pillar of the German economy (25% of gross domestic product, 8 million workers)
4. Secondary sector: 30% of gross domestic product of Germany, 25% of the workforce of the Federal Republic of Germany (10 million people)
5. The services sector is the largest of the German economy (70% of gross domestic product GDP)
6. The main German companies are Volkswagen, Daimler, Porsche, Siemens, Continental, BMW, Basf, Bayer, Beiersdorf, DHL, Bosch, Infineon, Deutsche Telekom, ThyssenKrupp, Bertelsmann, Lufthansa, SAP, Adidas, Hugo Boss
7. The European Central Bank (ECB) is in Frankfurt
8. Decentralised EU Agency in Germany: the European Aviation Safety Agency (EASA): Cologne

German International Trade

1. The Federal Republic of Germany is the second largest exporting country in the world (total imports from Germany correspond to those of France and Italy together), with its annual trade surplus of 160 billion euros
2. The main German exports: machinery, vehicles, metals, chemical products, textiles, manufactures and food products
3. The main German imports: machinery, foods, chemical products, textiles, vehicles and metals
4. The largest German port is the Port of Hamburg
5. With a total of 995 Billions Euros in export products (an increase of 2,7%) Germany obtained a surplus in its trade balance of 176 Billions Euros
6. As a member of the European Union, Germany is a beneficiary of the EU Free trade agreements: Canada, Mexico, South Korea, India, Central America, Chile, Ukraine, etc
7. Germany controls 20% of the world's container ships (international maritime trade)

International Economic Relations of Germany

Germany is a member, among others, of...

1. International Chamber of Commerce
2. Inter-American Development Bank
3. Organisation for Economic Cooperation and Development (OECD)
4. Asian Development Bank
5. African Development Bank
6. World Trade Organisation
7. Islamic Development Bank
8. International Rail Transport Committee (CIT)
9. United Nations
10. World Bank
11. International Monetary Fund (IMF)
12. European Bank for Reconstruction and Development
13. European Investment Bank (EIB)
14. International Bank for Reconstruction and Development
15. Economic Commission for Latin America and the Caribbean (ECLAC)
16. Asia-Europe Economic Meeting (ASEM)
17. Council of the Baltic Sea States
18. Organisation for Security and Cooperation in Europe (OSCE)
19. Regional Cooperation Council
20. Economic Commission for Europe (UNECE)
21. Group of States of the European Council Convention against Corruption (GRECO)
22. Germany belongs to the World Trade Organisation (WTO) since 1 January 1995.

At a regional level Germany is a founding member of the European Union (EU) and the European Council. As a member of the European Union, Germany is beneficiary of the EU Free trade agreements.

Germany is an observer country of the Organisation of the Black Sea Economic Cooperation and Central American Integration System (SICA)

Examples of the Subject - Foreign Trade and Business in Germany:

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