(*) Unfortunately this information is not available in english.
Workload
Education level
Study areas
Responsible person
Hours per week
Coordinating university
3 ECTS
B1 - Bachelor's programme 1. year
Economics
Gerald Pruckner
2 hpw
Johannes Kepler University Linz
Detailed information
Pre-requisites
(*)keine
Original study plan
Bachelor's programme Economics and Business 2020W 2020W
Objectives
This class teaches the foundations of microeconomics. The main focus is on the behaviour of consumers and producers and their interaction on markets.
The students will understand the fundamentals of microeconomics by using graphs and simple mathematical methods. Additionally, the students should be able on completion of this class to interpret economic causal effects.
Subject
Supply and demand
(Price-) elasticities
Preferences and budget constraints
Comsumer choice
Demand function, consumer surplus
Production function
Cost of production
Profit maximization under competition
Supply function, producer surplus
Industry equilibrium
Welfare analysis under competition
Monopoly
Monopolistic competition and oligopoly
Cournot-, Stackelberg- and Bertrand-equilibria
Criteria for evaluation
Written exam
Methods
Presentation and discussion
Language
German
Study material
Slides
Robert S. Pindyck and Daniel L. Rubinfeld, Microeconomics, Pearson, Prentice Hall, 7th Edition.
Changing subject?
No
Further information
-
On-site course
Maximum number of participants
200
Assignment procedure
Assignment according to priority
MuSSS
This course is additionally offered in the following versions: