Universität Wien

040102 UK Microeconomics for Students of Economics (BA) (2019W)

12.00 ECTS (6.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
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 09.10. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 09.10. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 09.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 10.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 16.10. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 16.10. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 16.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 17.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 23.10. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 23.10. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 23.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 24.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 24.10. 16:45 - 18:15 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 30.10. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 30.10. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 30.10. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 06.11. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 06.11. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 06.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 07.11. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 07.11. 16:45 - 18:15 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 13.11. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 13.11. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 13.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 14.11. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 14.11. 16:45 - 18:15 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 20.11. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 20.11. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 20.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 27.11. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 27.11. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 27.11. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 28.11. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 04.12. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 04.12. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 04.12. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 05.12. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 11.12. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 11.12. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 11.12. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 12.12. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 08.01. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 08.01. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 08.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 09.01. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 15.01. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 15.01. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 15.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 16.01. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 22.01. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 22.01. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 22.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 23.01. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 23.01. 16:45 - 18:15 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Wednesday 29.01. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Wednesday 29.01. 15:00 - 16:30 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 29.01. 16:45 - 18:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Aims: Bachelor 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 markets.

Contents: Preferences and utility functions, utility maximization problems, demand functions, equivalent and compensating variation; production technology, cost functions, profit maximization, supply function; perfectly competitive markets, demand and supply, competitive equilibrium, general equilibrium, welfare theorems; imperfectly competitive markets, monopoly, price discrimination; if time permits decisions under risk.

Method: The lecturer presents the main contents and introductory examples in class. The focus of the lecture, however, is on the difficulties that students encounter when going through the materials. Students are expected to prepare before every lecture with help of precise readings and questions specified in advance. Materials and problem sets are available in the Moodle platform. Part of the problems are discussed in class either in groups or with student presentations. In the exercise units students get credit for reporting on the contents prepared and discussing on the blackboard solutions to the problems.

Assessment and permitted materials

Two closed-book, written exams (midterm and final) and a class grade. Students are expected to actively participate in class, prepare, and discuss problems on the blackboard.

Exam dates:
--> Midterm on Thursday November 21st, 2019 from 15:00 to 16:30 in lecture rooms 4 (ground floor)
--> Final on Thursday January 30th, 2020 from 15:00 to 16:30 in lecture rooms 4 (ground floor)
--> Make-up exam on Monday February 24th, 2020 from 13.15 to 14:45; lecture room to be announced

Minimum requirements and assessment criteria

The different exams and problems will contribute as follows to the final grade: Midterm 40%, Final 40%, Problems 20%.

For a minimum passing grade students need 50% of total points. 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 material presented in class and made available in the course platform.

Reading list

-> David Besanko, Ronald Braeutigam, Microeconomics, Wiley.
-> Robert Frank, Microeconomics and Behavior, McGraw Hill.
-> Thomas Nechyba, Microeconomics: An Intuitive Approach with Calculus, South Western.
-> (in German) Robert Pindyck, Daniel Rubinfeld, Mikroökonomie, Pearson.

Association in the course directory

Last modified: Mo 07.09.2020 15:19