| [ 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 |  
                      | 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 |  
                      | 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) |  
                      | 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 |  
                      | 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 2020SS2 |  | ← |  |  | ← |  
          | Number obligatory dates |  |  | 2 |  |  |  
          | MuSSS assistance |  |  | Astrid Horejs |  |  |  
          | Number participants (min/max) |  |  | 25              /
              40 |  |  |  
          | Course fee |  |  | €             48,00 |  |  |  
          | Online materials and media |  |  | Presentation slides, sample solutions to homework assignments, sample test including solutions. |  |  |  
          | Dates |  |  | | Day | Date | Time | Room | Topic | 
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 | Wed | 01.07.2020 | 13:45 - 15:15 | HS16 | Klausur |  | Tue | 29.09.2020 | 13:45 - 15:15 | HS16 | Nachklausur | 
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