[ 572KK1VOEMK15 ] KS Markets and Economic Decision Making

Es ist eine neuere Version 2016S dieser LV im Curriculum Diploma programme Business Education 2016S vorhanden.
(*) Unfortunately this information is not available in english.
Workload Education level Study areas Responsible person Hours per week Coordinating university
4 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 Business and Economics 2015W
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
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
This course is additionally offered in the following versions:
MuSSS O.C.    
Number obligatory dates     0    
MuSSS assistance     Astrid Horejs-Kainrath    
Number participants (min/max)     25 / 400    
Course fee     € 0,00    
Online materials and media     Powerpoint slides with audio commentary, sample exam including solutions, learning-objective tests. The accompanying Moodle-course can be found on JKU Moodle.    
Mon01.07.201917:15 - 18:45HS 15
Wed03.07.201915:30 - 17:00Schlussklausur
Thu03.10.201912:00 - 13:30Nachklausur