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Microeconomics

Module name (EN):
Name of module in study programme. It should be precise and clear.
Microeconomics
Degree programme:
Study Programme with validity of corresponding study regulations containing this module.
International Business, Bachelor, ASPO 01.10.2008
Module code: BAIBA-120
SAP-Submodule-No.:
The exam administration creates a SAP-Submodule-No for every exam type in every module. The SAP-Submodule-No is equal for the same module in different study programs.
P420-0492
Hours per semester week / Teaching method:
The count of hours per week is a combination of lecture (V for German Vorlesung), exercise (U for Übung), practice (P) oder project (PA). For example a course of the form 2V+2U has 2 hours of lecture and 2 hours of exercise per week.
4V (4 hours per week)
ECTS credits:
European Credit Transfer System. Points for successful completion of a course. Each ECTS point represents a workload of 30 hours.
4
Semester: 1
Mandatory course: yes
Language of instruction:
English/German
Assessment:
Written exam

[updated 10.12.2020]
Applicability / Curricular relevance:
All study programs (with year of the version of study regulations) containing the course.

BAIBA-120 (P420-0492) International Business, Bachelor, ASPO 01.10.2008 , semester 1, mandatory course
Workload:
Workload of student for successfully completing the course. Each ECTS credit represents 30 working hours. These are the combined effort of face-to-face time, post-processing the subject of the lecture, exercises and preparation for the exam.

The total workload is distributed on the semester (01.04.-30.09. during the summer term, 01.10.-31.03. during the winter term).
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 120 hours (equivalent to 4 ECTS credits).
There are therefore 75 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
BAIBA-510 Economic Policy


[updated 01.02.2011]
Module coordinator:
Prof. Dr. Gustav Vogt
Lecturer:
N.N.


[updated 05.07.2012]
Learning outcomes:
After successfully completing this course, students will how prices are formed on goods markets, depending on the market form.


[updated 10.12.2020]
Module content:
Basic concepts of economics, demand for goods, basics of production theory, basics of cost theory, supply of goods, markets and price formation, price formation in full competition, price formation in monopoly, price formation in monopolistic competition, price formation in oligopoly, game theoretic solutions, market failure (asymmetric information, external effects, public goods)

[updated 10.12.2020]
Teaching methods/Media:
Lecture, exercises


[updated 10.12.2020]
Recommended or required reading:
- Mankiw, N. G., Taylor, M. P., Grundzüge der Volkswirtschaftslehre, 4. Aufl., Stuttgart 2008
- Pindyck, R. S., Rubinfeld, D.L., Mikroökonomie, 7. Aufl., Pearson Studium, München 2009
 
- Schumann, J., Meyer, U., Ströbele W., Grundzüge der mikroökonomischen Theorie, 8. Aufl., Springer, Berlin u.a. 2007         
 
- Varian, H. R., Grundzüge der Mikroökonomik, 7 Aufl., Oldenbourg, München 2007
 
- Vogt, G., Faszinierende Mikroökonomie,  3. Aufl., Oldenbourg, München 2009


[updated 10.12.2020]
 
[Wed Apr 24 03:09:59 CEST 2024, CKEY=im, BKEY=ibw, CID=BAIBA-120, LANGUAGE=en, DATE=24.04.2024]