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040046 UK Consumption, Production and Welfare B (MA) (2020W)

12.00 ECTS (6.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

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).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Friday 02.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 06.10. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 07.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 09.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 13.10. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 14.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 16.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 20.10. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 21.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 23.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 27.10. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 28.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 30.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 03.11. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 04.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 06.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 10.11. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 11.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 13.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 17.11. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 18.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 20.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 24.11. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 25.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 27.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 01.12. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 02.12. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 04.12. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 09.12. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 11.12. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 15.12. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 16.12. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 18.12. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday 08.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 12.01. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 13.01. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 15.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 19.01. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 20.01. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 22.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday 26.01. 15:00 - 16:30 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 27.01. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Friday 29.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Aims: 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. Last but not least, 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 news forum of the Moodle course provides regular information on the current learning goals and the development of the course. All materials, such as commented beamer presentations, solved problems, or online tests, are made available on the platform. If the situation with the pandemic allows, an in-depth discussion of the contents will be carried out in the lecture room. This can be alternatively carried out using learning videos, or interactive video conference tools.

Assessment and permitted materials

The final grade will be based on homework in the form of online tests and Moodle activities, which will be discussed in an interview in the second half of the semester (30%), a peer-reviewed essay complemented with a short video and the anonymous evaluation of thee peer essays (30%), as well as on a compulsory final exam that will take place at the end of January (40%). Results can be improved before the end of the semester in an optional make-up exam at the end of February.

Minimum requirements and assessment criteria

For a minimum passing grade students have to pass the final exam and attain at least 50% of total points.

Examination topics

All contents and material presented in class and made available in the course platform.

Reading list

--> Hugh Gravelle and Ray Rees, Microeconomics, FT Prentice Hall, 3rd. Edition, 2004.
--> Geoffrey A. Jehle and Philip J. Reny, Advanced Microeconomic Theory, Pearson, 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, 2018.
--> Hal Varian, Microeconomic Analysis, W.W. Norton, 1992.

Association in the course directory

Last modified: Tu 08.12.2020 14:07