[ 572KK1VOEMU15 ] IK Markets and Economic Decision Making
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| Es ist eine neuere Version 2021W dieser LV im Curriculum Master's programme Management in Polymer Technologies (MPT) 2023W vorhanden. |
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| (*) Unfortunately this information is not available in english. |
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| Workload |
Education level |
Study areas |
Responsible person |
Hours per week |
Coordinating university |
| 4 ECTS |
B1 - Bachelor's programme 1. year |
Economics |
Günther Pöll |
2 hpw |
Johannes Kepler University Linz |
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| Detailed information |
| Pre-requisites |
(*)keine
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| Original study plan |
Bachelor's programme Business and Economics 2015W |
| Objectives |
Students will acquire skills to explore basic problems and topics in the area of microeconomics
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| Subject |
- Base concepts: markets, supply and demand, elasticities
- Consumer preferences, budget constraint and optimal consumer choice
- Individual and market demand, consumer surplus
- Firms, production function and cost budgeting
- Profit-maximization and competitive supply
- Market supply and producer surplus, market equilibrium
- Welfare aspects of competitive markets
- Monopoly
- Monopolistic competition and oligopoly
- Models by Cournot, Bertrand, and Stackelberg
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| Criteria for evaluation |
Practice exercises, tests, written examinations (selected by the course instructor)
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| Methods |
Lecture, practice exercises, homework assignments...
Methods are subject to the course instructor
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| Language |
German / English |
| Study material |
Pindyck / Rubinfeld, Microeconomics, International Edition
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| Changing subject? |
No |
| Earlier variants |
They also cover the requirements of the curriculum (from - to) 1VOEMI: IK Markets and Economic Decision Making (2001W-2015S)
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| On-site course |
| Maximum number of participants |
40 |
| Assignment procedure |
Assignment according to priority |
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| MuSSS Linz 2018WS2 |
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| Number obligatory dates |
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2 |
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| MuSSS assistance |
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Astrid Horejs-Kainrath |
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| Number participants (min/max) |
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25 /
40 |
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| Course fee |
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€ 48,00 |
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| Online materials and media |
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Presentation slides, sample solutions to homework assignments, sample test including solutions. |
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| Dates |
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| Day | Date | Time | Room | Topic |
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| Tue | 05.02.2019 | 13:45 - 15:15 | HS 2 | Klausur | | Fri | 22.02.2019 | 13:45 - 15:15 | HS 2 | Nachklausur | |
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