Universität Wien

040157 KU Microeconomics for Economics and Finance I (MA) (2024W)

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

  • Dienstag 01.10. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 03.10. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 08.10. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 10.10. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 15.10. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 17.10. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 22.10. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 24.10. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 29.10. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 31.10. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 05.11. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 07.11. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 12.11. 08:45 - 11:15 Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 14.11. 08:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Dienstag 19.11. 08:45 - 11:15 Seminarraum 3 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. (Sub)Optimal Choice.
2. Classical Demand Theory. Duality and the Envelope Theorem. Welfare Measures.
Application: KlimaBonus.
3. Revealed Preference.
Application: Measures of Rationality.
4. General Equilibrium. Welfare Theorems. Core-Equivalence.
Application: Redistribution and its limits.
5. (If time provides) Production Theory. Properties. Efficiency.
Applications: Misallocation, Test for Competition.

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 and exposition of assignments (40%) as well as general class participation (20%). There will be a final, open-book exam (40%) with the possibility of a retake. As usual, the student will need at least 50% for a positive grade.

Mindestanforderungen und Beurteilungsmaßstab

For a minimum passing grade the student needs 50% of the total points. For a 1, 85%. For a 2 and , 70% and 60% respectively.

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 Jehle (Advanced Microeconomic Theory), Kreps (Microeconomic Foundations Vol. 1)

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mi 23.10.2024 11:45