Universität Wien FIND

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

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

Registration/Deregistration

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 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. 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 07.10.2019 12:07