040157 KU Microeconomics for Economics and Finance I (MA) (2022W)

6.00 ECTS (3.00 SWS), SPL 4 - Wirtschaftswissenschaften

Continuous assessment of course work

MIXED

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).

Registration is open from Mo 12.09.2022 09:00 to Fr 23.09.2022 12:00
Registration is open from We 28.09.2022 09:00 to Th 29.09.2022 12:00
Deregistration possible until Fr 14.10.2022 23:59

Details

max. 50 participants

Language: English

Lecturers

Daniel Garcia

Classes (iCal) - next class is marked with N

    
    Thursday
    06.10.
    08:45 - 11:15
    Digital
    
    Monday
    10.10.
    08:45 - 11:15
    Seminarraum 5  Oskar-Morgenstern-Platz 1  1.Stock
    
    Thursday
    13.10.
    08:45 - 11:15
    Seminarraum 15  Oskar-Morgenstern-Platz 1  3.Stock
    
    Monday
    17.10.
    08:45 - 11:15
    Seminarraum 1 Oskar-Morgenstern-Platz 1  Erdgeschoß
    
    Thursday
    20.10.
    08:45 - 11:15
    Seminarraum 15  Oskar-Morgenstern-Platz 1  3.Stock
    
    Monday
    24.10.
    08:45 - 11:15
    Seminarraum 5  Oskar-Morgenstern-Platz 1  1.Stock
    
    Thursday
    27.10.
    08:45 - 11:15
    Seminarraum 15  Oskar-Morgenstern-Platz 1  3.Stock
    
    Monday
    31.10.
    08:45 - 11:15
    Seminarraum 5  Oskar-Morgenstern-Platz 1  1.Stock
    
    Thursday
    03.11.
    08:45 - 11:15
    Seminarraum 15  Oskar-Morgenstern-Platz 1  3.Stock
    
    Monday
    07.11.
    08:45 - 11:15
    Seminarraum 5  Oskar-Morgenstern-Platz 1  1.Stock
    
    Thursday
    10.11.
    08:45 - 11:15
    Seminarraum 15  Oskar-Morgenstern-Platz 1  3.Stock
    
    Monday
    14.11.
    08:45 - 11:15
    Hörsaal 9  Oskar-Morgenstern-Platz 1  1.Stock

Information

Aims, contents and method of the course

The objective of this course is to introduce students to formal analysis in economic theory. Upon successful completion of the course, the student will have a solid understanding of individual decision-making (firms and consumers) in markets, as well as how those decisions co-determine economic outcomes (prices and quantities).

The topics of the course are:
1. Preference and Utility.
2. Classical Demand Theory. Welfare Measures.
Application: ClimaBonus.
3. Revealed Preference.
Application: Measures of Rationality.
3. Production Theory. Properties. Efficiency.
Applications: Misallocation, Test for Competition.
4. General Equilibrium. Welfare Theorems. Core-Equivalence.
Application: Redistribution and its limits.
5. Externalities and Public Goods.
Application: Carbon Emissions

Assessment and permitted materials

The evaluation of the course will be based on the completion (50%) and exposition of assignments (20%) as well as general class participation (30%). As usual, the student will need at least 50% for a positive grade. In addition, a retake exam is available for students who are not satisfied with their course evaluation (replacing the grades from exposition and class participation).

Minimum requirements and assessment criteria

For a minimum passing grade the student needs 50% of the total points.

Examination topics

Materials will be provided during class as well as Moodle.

Reading list

The main reference for the course is Mas-Colell, Winston and Greene (1995; Chapters 2-6, 11, 14-16). Other useful books include Reny and Jehiel, Kreps and Varian Microeconomic Theory.

Association in the course directory

Last modified: Th 11.05.2023 11:27