Universität Wien FIND

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040102 UK Microeconomics for Students of Economics (BA) (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 serve).

Details

max. 189 participants
Language: German

Lecturers

Classes (iCal) - next class is marked with N

Friday 02.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 05.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 05.10. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 09.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 12.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 12.10. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 16.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 19.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 19.10. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 23.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 30.10. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 06.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 09.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 09.11. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 13.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 19.11. 09:45 - 11:15 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Monday 23.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 23.11. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 27.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 30.11. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 30.11. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 04.12. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 07.12. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 07.12. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 11.12. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 14.12. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 14.12. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 18.12. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday 08.01. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 11.01. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 11.01. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 15.01. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 18.01. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday 18.01. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday 22.01. 08:00 - 09:30 Hybride Lehre
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday 28.01. 11:30 - 13:00 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Seminarraum 4 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 24.02. 09:45 - 11:15 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Seminarraum 4 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 problem, demand function, substitution and income effects, equivalent and compensating variation; 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. If the situation with the pandemic allows, an in-depth discussion of the contents will be carried out in the lecture room, addressing students' questions. Interactive online tools can also be used.

Assessment and permitted materials

Two compulsory exams and an optional make-up exam, as well as regular Tests and Assignements in the Moodle course.

Exam dates:
--> Midterm on Thursday November 19th, 2020 at 9.45 am (cancelledt!)
--> Final on Thursday January 28th, 2021 at 11.30 am
--> Make-up on Wednesday February 24th, 2021 at 9.45 am

Due to the current restrictions we replace the written midterm by additional homework and a video conference with the lecturers about the learning progress.

Minimum requirements and assessment criteria

The different assessments will contribute as follows to the final grade: Midterm 35%, Final 45%, Problems 20%.

Changed to: Homework and participation 30%, Final exam 60%, Discussion of learning progress 10%; it is compulsory to go through the discussion of the learning progress and take part in the final exam; these cannot be made up for with the homework grade.

For a minimum passing grade students need 50% of total points. The final grade can be improved in an optional exam before the end of the semester.

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.
-> Robert Pindyck, Daniel Rubinfeld, Mikroökonomie, Pearson (also available in German).

Association in the course directory

Last modified: Tu 10.11.2020 15:47