Universität Wien

040157 KU Microeconomics for Economics and Finance I (MA) (2022W)

6.00 ECTS (3.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung
GEMISCHT
Moodle

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

  • Donnerstag 06.10. 08:45 - 11:15 Digital
  • Montag 10.10. 08:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 13.10. 08:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Montag 17.10. 08:45 - 11:15 Seminarraum 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 20.10. 08:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Montag 24.10. 08:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 27.10. 08:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Montag 31.10. 08:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 03.11. 08:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Montag 07.11. 08:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 10.11. 08:45 - 11:15 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Montag 14.11. 08:45 - 11:15 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

The objective of this course is to introduce students to formal analysis in economic theory. Upon successful completion of the course, the student will have a solid understanding of individual decision-making (firms and consumers) in markets, as well as how those decisions co-determine economic outcomes (prices and quantities).

The topics of the course are:
1. Preference and Utility.
2. Classical Demand Theory. Welfare Measures.
Application: ClimaBonus.
3. Revealed Preference.
Application: Measures of Rationality.
3. Production Theory. Properties. Efficiency.
Applications: Misallocation, Test for Competition.
4. General Equilibrium. Welfare Theorems. Core-Equivalence.
Application: Redistribution and its limits.
5. Externalities and Public Goods.
Application: Carbon Emissions

The course will take place as a workshop, where ideas and methods are discussed collectively and students are encouraged to actively participate in the class (flipped-classroom).

Art der Leistungskontrolle und erlaubte Hilfsmittel

The evaluation of the course will be based on the completion (50%) and exposition of assignments (20%) as well as general class participation (30%). As usual, the student will need at least 50% for a positive grade. In addition, a retake exam is available for students who are not satisfied with their course evaluation (replacing the grades from exposition and class participation).

Mindestanforderungen und Beurteilungsmaßstab

For a minimum passing grade the student needs 50% of the total points.

Prüfungsstoff

Materials will be provided during class as well as Moodle.

Literatur

The main reference for the course is Mas-Colell, Winston and Greene (1995; Chapters 2-6, 11, 14-16). Other useful books include Reny and Jehiel, Kreps and Varian Microeconomic Theory.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Do 11.05.2023 11:27