Universität Wien

040059 UK Microeconomics for Students of Economics (BA) (2021S)

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

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. 200 participants
Language: German

Lecturers

Classes (iCal) - next class is marked with N

  • Wednesday 03.03. 15:00 - 16:30 Digital
  • Thursday 04.03. 15:00 - 16:30 Digital
  • Thursday 04.03. 16:45 - 18:15 Digital
  • Wednesday 10.03. 15:00 - 16:30 Digital
  • Thursday 11.03. 15:00 - 16:30 Digital
  • Thursday 11.03. 16:45 - 18:15 Digital
  • Wednesday 17.03. 15:00 - 16:30 Digital
  • Thursday 18.03. 15:00 - 16:30 Digital
  • Thursday 18.03. 16:45 - 18:15 Digital
  • Wednesday 24.03. 15:00 - 16:30 Digital
  • Thursday 25.03. 15:00 - 16:30 Digital
  • Thursday 25.03. 16:45 - 18:15 Digital
  • Wednesday 14.04. 15:00 - 16:30 Digital
  • Thursday 15.04. 15:00 - 16:30 Digital
  • Thursday 15.04. 16:45 - 18:15 Digital
  • Wednesday 21.04. 15:00 - 16:30 Digital
  • Thursday 22.04. 15:00 - 16:30 Digital
  • Thursday 22.04. 16:45 - 18:15 Digital
  • Wednesday 28.04. 15:00 - 16:30 Digital
  • Thursday 29.04. 15:00 - 16:30 Digital
  • Thursday 29.04. 16:45 - 18:15 Digital
  • Wednesday 05.05. 15:00 - 16:30 Digital
  • Thursday 06.05. 15:00 - 16:30 Digital
  • Thursday 06.05. 16:45 - 18:15 Digital
  • Wednesday 12.05. 15:00 - 16:30 Digital
  • Wednesday 19.05. 15:00 - 16:30 Digital
  • Thursday 20.05. 15:00 - 16:30 Digital
  • Thursday 20.05. 16:45 - 18:15 Digital
  • Wednesday 26.05. 15:00 - 16:30 Digital
  • Thursday 27.05. 15:00 - 16:30 Digital
  • Thursday 27.05. 16:45 - 18:15 Digital
  • Wednesday 02.06. 15:00 - 16:30 Digital
  • Wednesday 09.06. 15:00 - 16:30 Digital
  • Thursday 10.06. 15:00 - 16:30 Digital
  • Thursday 10.06. 16:45 - 18:15 Digital
  • Wednesday 16.06. 15:00 - 16:30 Digital
  • Thursday 17.06. 15:00 - 16:30 Digital
  • Thursday 17.06. 16:45 - 18:15 Digital
  • Wednesday 23.06. 15:00 - 16:30 Digital
  • Thursday 24.06. 15:00 - 16:30 Digital
  • Thursday 24.06. 16:45 - 18:15 Digital
  • Wednesday 30.06. 15:00 - 16:30 Digital

Information

Aims, contents and method of the course

Aims: Students become familiar with the basic tools and models of microeconomic analysis. At the end of the semester, students are able to apply equilibrium analysis, the principles of optimizing behavior, and comparative statics to simple economic questions in the framework of perfectly competitive as well as monoplistic markets.

Contents: Preferences and utility functions, utility maximization, demand function, substitution and income effects, equivalent and compensating variation; technology and production function, cost minimization, cost functions, profit maximization, supply function; perfectly competitive markets, demand and supply, competitive equilibrium, consumer and producer surplus, efficiency; monopoly, monopsony, price discrimination.

Method: The news forum of the Moodle course provides regular information on the current learning goals and the development of the course. This is complemented with materials such as learning videos, online tests and exercises also available on the platform. An in-depth discussion of the contents is carried out in the lecture. Students are asked to prepare part of the contents in advance and to actively contribute to the discussions in class.

Assessment and permitted materials

Regular tests and assignements in the Moodle course, active participation in class or forum discussions, as well as three compulsory online exams.

Exam dates:

  • Midterm on Wednesday, 12 May 2021 from 3 p.m. to 4:30 p.m

  • Midterm on Wednesday, 2 June 2021 from 3 p.m. to 4:30 p.m

  • Final on Wednesday, 30 June 2021 from 3 p.m. to 4:30 p.m

Minimum requirements and assessment criteria

The different assessments will contribute as follows to the final grade: each of the midterms 20 points, regular active participation 30 points (Moodle assignments 20, discussions 10), final exam 30 points.

For a minimum passing grade students must participate in all three exams, obtain at least a total of 50 points in the course, of which at least 30 points must come from the exams.

Grading will be as follows: 0-49% - fail; 50-59% - pass; 60-69% - satisfactory; 70-84% - good; 85-100% - very good.

Examination topics

All contents and materials presented and made available in the course platform.

Reading list


  • David Besanko, Ronald Braeutigam, Microeconomics, Wiley (also available in German).

  • Robert Frank, Microeconomics and Behavior, McGraw Hill.

  • Thomas Nechyba, Microeconomics: An Intuitive Approach with Calculus, South Western.

Association in the course directory

Last modified: We 28.06.2023 00:11