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040046 UK Consumption, Production and Welfare B (MA) (2018W)
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 10.09.2018 09:00 to Th 20.09.2018 12:00
- Registration is open from Mo 24.09.2018 09:00 to We 26.09.2018 12:00
- Deregistration possible until Mo 15.10.2018 23:59
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Wednesday
03.10.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
04.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
05.10.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
10.10.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
11.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
12.10.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
17.10.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
18.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
19.10.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
24.10.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
25.10.
09:45 - 11:15
Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
25.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
07.11.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
08.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
09.11.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
14.11.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
15.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
16.11.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
21.11.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
22.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
23.11.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
28.11.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
29.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
30.11.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
05.12.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
06.12.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
07.12.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
12.12.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
13.12.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
14.12.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
09.01.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
10.01.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
11.01.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
16.01.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
17.01.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
18.01.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
23.01.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
24.01.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday
25.01.
09:45 - 11:15
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
30.01.
09:45 - 11:15
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
31.01.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
19.02.
09:45 - 11:15
Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Information
Aims, contents and method of the course
Assessment and permitted materials
Two closed-book written exams (midterm and final) to test knowledge of basic theory and problem solving and a written assignment (essay) to assess transfer of knowledge to a real world application. Additional questions and exercises posted in the course platform.
Minimum requirements and assessment criteria
The final grade will be a weighted average of the results in midterm (30%), final (40%), and essay (30%). For a minimum passing grade students must have completed these three parts by the end of the semester with an average of 50%. The final grade can be improved in an optional make-up exam before the end of the semester.Exam dates: Friday, November 23rd (midterm); Thursday, January 31st (final); Tuesday, February 19th (make-up).
Examination topics
All contents and material presented in class and made available in the course platform.
Reading list
Textbooks:
Hugh Gravelle and Ray Rees, Microeconomics, FT Prentice Hall, 3rd. Edition, 2004.
Geoffrey A. Jehle and Philip J. Reny, Advanced Microeconomic Theory, Addison Wesley, 3rd. edition, 2011.
Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green, Microeconomic Theory, Oxford University Press, 1995.
Thomas Nechyba, Microeconomics: An Intuitive Approach with Calculus, Cengage Learning, 2015.
Hal Varian, Microeconomic Analysis, W.W. Norton, 1992.
Hugh Gravelle and Ray Rees, Microeconomics, FT Prentice Hall, 3rd. Edition, 2004.
Geoffrey A. Jehle and Philip J. Reny, Advanced Microeconomic Theory, Addison Wesley, 3rd. edition, 2011.
Andreu Mas-Colell, Michael D. Whinston, and Jerry R. Green, Microeconomic Theory, Oxford University Press, 1995.
Thomas Nechyba, Microeconomics: An Intuitive Approach with Calculus, Cengage Learning, 2015.
Hal Varian, Microeconomic Analysis, W.W. Norton, 1992.
Association in the course directory
Last modified: Mo 07.09.2020 15:28
The course provides master students with the basic tools of microeconomic analysis. Upon successful completion students are able to work with the basic models of market competition, price determination, and welfare analysis. In simple theoretical examples, they are able to compute market equilibria and perform comparative statics. They are able to make a qualitative assessment of how different political interventions or parameter changes affect market welfare. In examples and real-world applications students identify the main features of the market at hand and the presence and nature of market failures. They can assess the consequences for equilibrium outcomes and welfare properties in markets with strong externalities, when some agents have market power, or missing information. Good students are also able to convincingly discuss about these issues in form of a report or essay addressed to the general reader or interested party.Method:
The lecturer will present the topics of the course and some introductory examples in class. Problem sets will be distributed regularly through the course platform. Students are expected to work on the problem sets on their own. Some exercises will also be treated in class with help of small-group discussions and student presentations. Active learning will also be promoted with exercises and old exam questions posted in the course platform, as well as with writing assignments.