Main subjects
The main subjects in FOS are German, English, French, Arabic and Maths along with Economics.Economics makes up one of the biggest diffrences between FOS and Abitur. It is devided into a few subjects which are explained below:
RWL – Accounting
Accounting is the bookkeeping methods involved in making a financial record of business transactions and in the preparation of statements concerning the assets, liabilities, and operating results of a business. Accounting also establishes budget and actual cost of operations, processes, departments or product and the analysis of profitability.
Through it one can take a look at a company’s profitability & make decisions concerning its costs.
VWL – Macroeconomics & Microeconomics
Macroeconomics: Macroeconomics considers the performance of the economy as a whole. Many macroeconomic issues appear in the press and on the evening news. When we study macroeconomics we are looking at topics such as economic growth; inflation; changes in employment rates, national income, consumption and investment.
Microeconomics: Microeconomics deals with the decision making and market results of the individual consumers and firms. It considers individuals both as suppliers of labor and capital and as the ultimate consumers of the final product.
BWL - Business/Managerial Economics
Managerial Economics builds up statistical methods and applies economic principeles to buisness or other managment units.The basic theories are taken from the Microeconomics branch.These methods provide criteria for maximizing profit, minimizing cost and selecting the most profitable combination of products.
“Purchasing” – Practical Business Studies
In this subject microeconomics is studied in the English language from the point of view of the model company MoDo Office Service Ltd. Students are given tasks such as the purchase of products, finding a suitable supplier, the placing of an order as well as its booking.