By the help of models from economics and political science students are able to describe and classify the emergence and characteristics of international trade, as well as its developments and problem areas. They recognize both economic and political implications of global economic structures. Further, the students are able to explain the duties of different actors and institutions of Global Governance and to evaluate their impact, using relevant global trade figures. The students know the basic foundations of international contract law with the focus on commercial legal relations and EU law and its basic implementations. The students can analyse and apply the elements of international contracts; from the contract creation, the implementation of the contract, up to execution of payment demands. In addition, an overview of international regulations give students the ability to recognize and competently solve problem areas in international legal relations, and assess the possibilities of exercising legal rights in an international context. They are able to write relevant texts to a professional standard.