Module Handbook

  • Dynamischer Default-Fachbereich geändert auf WIW

Course WIW-VWL-MIK-K-1

Microeconomics (3V+1U, 6.0 LP)

Course Type

SWS Type Course Form CP (Effort) Presence-Time / Self-Study
- K Lecture with exercise classes and tutorials (V/U/T) 6.0 CP
3 V Lecture 45 h 90 h
1 U Exercise class/tutorial (in small groups) 15 h 30 h
(3V+1U) 6.0 CP 60 h 120 h

Basedata

SWS 3V+1U
CP, Effort 6.0 CP = 180 h
Position of the semester 1 Sem. in WiSe
Level [1] Bachelor (General)
Language [DE] German
Lecturers
Livecycle-State [NORM] Active

Notice

Size of exercise classes/tutorials:
  • tutorials: max. 30 students
  • exercise classes: max. 150 students

Contents

Introduction to Economics

Consumer Choice

  • Demand, comparative statics
  • Labour supply
  • Decisions under uncertainty
  • Intertemporal decisions

Production

  • Short-term and long-term costs
  • Profit maximization
  • Supply Market

Equilibrium

  • Partial and general equilibrium
  • Market entry
  • Welfare

Market Failure and Externalities

Public Goods and Taxes

Introduction to Game Theory

Literature

  • “Mikroökonomie” by Robert S. Pindyck and Daniel L. Rubinfeld (8th edition, 2013)
  • Lecture slides with integrated problem sets

Requirements for attendance (informal)

None

Requirements for attendance (formal)

None

References to Course [WIW-VWL-MIK-K-1]

Module Name Context
[INF-02-43-M-2] Business management and economic fundamentals P: Obligatory 3V+1U, 6.0 LP
[SO-00-118-M-1] Political economy with a focus on economics P: Obligatory 3V+1U, 6.0 LP
[SO-09-120-M-6] Interdisciplinary cross-section WP: Obligation to choose 3V+1U, 6.0 LP
[WIW-VWL-MIK-M-1] Microeconomics P: Obligatory 3V+1U, 6.0 LP