Universität Wien
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040369 KU Applied Microeconomics 2 (2025W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

An/Abmeldung

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

Details

max. 200 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

  • Montag 17.11. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 20.11. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Montag 24.11. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 27.11. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Montag 01.12. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 04.12. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 11.12. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Montag 15.12. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 18.12. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 08.01. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Montag 12.01. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 15.01. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Montag 19.01. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 22.01. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

The objective of this course is to introduce the student to the use of models to answer questions of economic interest.
The course will be held in person, but lectures will be available to stream both live and for a short period afterwards.
In the companion course (UE Applied Microeconomics), the TA(s) will go over the various assignments of the course. All materials will be available in the main course. Still, I recommend every student who partakes in KU Applied Microeconomics get access to the Moodle of the UE Applied Microeconomics to have access to these tutorials (even if the course is not taken for credit).

For general information on the AE program, please see here: https://moodle.univie.ac.at/course/view.php?id=433481

Art der Leistungskontrolle und erlaubte Hilfsmittel

The grade depends on the performance on exams (80%) and various in-class activities (20%). The grade of the exam will be computed as the best of two attempts to a final exam. Students may choose to participate in either or both of these attempts.

Mindestanforderungen und Beurteilungsmaßstab

The grading will be as follows.
>85%, 1
70-85%, 2
60-70%, 3
50-60%, 4
less than 50%, 5.

Prüfungsstoff

Topics.
1. Production. Technology and Cost. Misallocation and Trade. Firm Optimization.
2. Imperfect Competition: Cournot, Bertrand and Differentiation.
3. Labor markets and Inequality. Monopsony Power. Policy Evaluation.
4. Market Failures. Externalities and Information Asymmetries.

Literatur

The best book to follow the course is Kandori's "Mighty Microeconomics".
In addition, the following books may help with specific issues.
1. Resources to understand key concepts:
Varian's 'Intermediate Microeconomics' provides a comprehensive and easily accessible introduction to the main concepts of the course, while his (Varian's) Microeconomic Analysis provides a deeper level coverage of the same topics. The level of the course will lie somewhat in between these two books.
Ariel Rubinstein's book is available online and is at a similar level as Varian's Microeconomic Theory (you can download it here https://www.openbookpublishers.com/product/1171)
The connection with empirical work in these books is scant; a good reference in this regard is this collection of lecture notes (https://ocw.mit.edu/courses/economics/14-03-microeconomic-theory-and-public-policy-fall-2016/lecture-notes/ )
2. Questions-Based Books:
Pancs' "Lectures in Microeconomics" is more advanced and has a more modern focus. We will follow the "questions approach" in this book but at a lower level of sophistication.
3. Mathematical Tools: For students who are interested in obtaining a deep understanding of economic theory but have a weaker math background, I recommend Simon and Blume's "Mathematics for Economists" (in particular Chapters 1-5 and 14-17).

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mo 27.07.2026 09:26