040184 UK Microeconomics (2023W)
Continuous assessment of course work
Labels
ON-SITE
Summary
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 11.09.2023 09:00 to Fr 22.09.2023 12:00
- Deregistration possible until Fr 20.10.2023 23:59
Registration information is available for each group.
Groups
Group 1
anrechenbar für BWL, I.Abschnitt, VO+UE bzw. entsprechenden Teil der Diplomprüfung "Grundzüge der politischen Ökonomie ... "
max. 189 participants
Language: English
LMS: Moodle
Lecturers
Classes (iCal) - next class is marked with N
Lectures: Wednesday 18.30 - 20.00 and Thursdays 18.30 - 20.00.
Q&A Sessions: Friday, 15.00 - 16.30 (October 6 - November 10 and November 24), Monday, 09.45 - 11.15 (November 13), Friday, 15.00 - 16.30 (December 1 - January 26), Monday, 11.30 - 13.00 (December 11). Please note the differing locations.
Wednesday
04.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
05.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
06.10.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
11.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
12.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
13.10.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
18.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
19.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
20.10.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
25.10.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
27.10.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Friday
03.11.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
08.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
09.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
10.11.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Monday
13.11.
09:45 - 11:15
Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
22.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
23.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
24.11.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
29.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
30.11.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
01.12.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
06.12.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
07.12.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Monday
11.12.
11:30 - 13:00
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Wednesday
13.12.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
14.12.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
15.12.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
10.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
11.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
12.01.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
17.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
18.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
19.01.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday
24.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
25.01.
18:30 - 20:00
Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
Friday
26.01.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Aims, contents and method of the course
Assessment and permitted materials
Weekly problem sets: 20 %
Midterm Exam: 31%
Final Exam: 49%
Midterm Exam: 31%
Final Exam: 49%
Minimum requirements and assessment criteria
50% across all parts of the course (not separately) are necessary to pass. The grades are based on the following scale:
1 - Above 87%
2 - Above 75%
3 - Above 63%
4 - Above 50%
1 - Above 87%
2 - Above 75%
3 - Above 63%
4 - Above 50%
Examination topics
- The mid-term exam will cover all topics from weeks 1 to 6 (included).
- The final exam will cover all topics.
- The final exam will cover all topics.
Reading list
The core material for this course is contained in the lecture notes and exercises. However, the following books can be a useful complement:- Besanko, David und Ronald Braeutigam, Microeconomics, Wiley.- Frank, Robert, Microeconomics and Behavior, McGraw Hill.- Pindyck, Robert und Daniel Rubinfeld, Microeconomics, Pearson.
Group 2
Anrechenbar für BWL, I.Abschnitt, VO+UE bzw. entsprechenden Teil der Diplomprüfung "Grundzüge der politischen Ökonomie ... "
max. 200 participants
Language: German
LMS: Moodle
Lecturers
Classes (iCal) - next class is marked with N
Lectures: Monday 15.00 - 16.30 h and Tuesday 09.45 - 11.15 h.
Q&A Sessions: Friday, 11.30 - 13.00 h (October 6 - November 10 and November 24), Monday, 11.30 - 13.00 h (November 13), Friday, 13.15 - 14.45 h (December 1 - January 26), Monday, 09.45 - 11.15 h (December 11). Please, note the Q&A sessions change schedule and lecture room during the semester.
Monday
02.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
03.10.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
06.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
09.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
10.10.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
13.10.
11:30 - 13:00
Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Monday
16.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
17.10.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
20.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
23.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
24.10.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
27.10.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
30.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
31.10.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
03.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
06.11.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
07.11.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
10.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
13.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
20.11.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
21.11.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
24.11.
11:30 - 13:00
Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday
27.11.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
28.11.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
01.12.
13:15 - 14:45
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
04.12.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
05.12.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Monday
11.12.
09:45 - 11:15
Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Monday
11.12.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
12.12.
08:00 - 09:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday
12.12.
09:45 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
15.12.
13:15 - 14:45
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
08.01.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
09.01.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
12.01.
13:15 - 14:45
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
15.01.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
16.01.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
19.01.
13:15 - 14:45
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Monday
22.01.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Tuesday
23.01.
09:45 - 11:15
Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
Friday
26.01.
13:15 - 14:45
Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Aims, contents and method of the course
The lecture will be held in class and in German.i. Format:
There will be two lectures per week, as well as a Q&A session to discuss the weekly problem sets. All course materials will be made available on Moodle.ii. Content:
This is an introductory course in microeconomics. In the first part of the course, students are introduced to the ideal model of perfect markets. In the second part, we examine how real-world markets differ from this ideal, for example, due to market power, externalities, public goods, and asymmetric information problems. Finally, we discuss the role and scope of government intervention in markets. Basic mathematical knowledge is required (especially algebra, differential calculus, optimization with constraints).iii. Objectives:
The course has the following learning objectives: (1) to introduce basic microeconomic principles, (2) to analyze the economic world using economic models, (3) to develop critical thinking.
There will be two lectures per week, as well as a Q&A session to discuss the weekly problem sets. All course materials will be made available on Moodle.ii. Content:
This is an introductory course in microeconomics. In the first part of the course, students are introduced to the ideal model of perfect markets. In the second part, we examine how real-world markets differ from this ideal, for example, due to market power, externalities, public goods, and asymmetric information problems. Finally, we discuss the role and scope of government intervention in markets. Basic mathematical knowledge is required (especially algebra, differential calculus, optimization with constraints).iii. Objectives:
The course has the following learning objectives: (1) to introduce basic microeconomic principles, (2) to analyze the economic world using economic models, (3) to develop critical thinking.
Assessment and permitted materials
Weekly problem sets: 20%.
Midterm exam: 31 %.
Final exam: 49 %.Exam dates
Midterm exam: Friday, Nov. 17, 2023, 11.30 - 13.00 h (lecture rooms 1, 4, 6 and 14)
Final exam: Thursday, Feb. 01, 2024, 18.30 - 20.00 h (lecture rooms 1, 4, 6 and 14)
Midterm exam: 31 %.
Final exam: 49 %.Exam dates
Midterm exam: Friday, Nov. 17, 2023, 11.30 - 13.00 h (lecture rooms 1, 4, 6 and 14)
Final exam: Thursday, Feb. 01, 2024, 18.30 - 20.00 h (lecture rooms 1, 4, 6 and 14)
Minimum requirements and assessment criteria
Attainment of at least 50% grade across all parts of the course (not individually) is required to pass. Grades are based on the following scale:
1 - over 87%
2 - over 75%
3 - over 63%
4 - over 50%
1 - over 87%
2 - over 75%
3 - over 63%
4 - over 50%
Examination topics
Course Content. The midterm exam covers all topics from weeks 1 to 6 (inclusive). The final exam covers all topics.
Reading list
Course material is included in lecture notes and exercise sheets. The following books are recommended as supplements (available in the library in German and English):
- Besanko, David and Ronald Braeutigam, Microeconomics, Wiley.
- Frank, Robert, Microeconomics and Behavior, McGraw Hill.
- Pindyck, Robert and Daniel Rubinfeld, Microeconomics, Pearson.
Association in the course directory
Last modified: We 06.12.2023 10:25
- There will be two in-person lectures each week on Wednesdays 18.30 - 20.00 and Thursdays 18.30 - 20.00.
- There will be one in-person Q&A session each week on Fridays 15.00 - 16.30 to go over the weekly problem set.
- Johannes Hoelzemann will teach the lectures. Teaching assistants will hold the tutorials.
- All course material will be posted on Moodle.CONTENT: This is an introductory course in microeconomics. In the first part of the course, students are introduced to the benchmark of perfectly competitive markets. In the second part, we explore ways in which actual markets differ from this benchmark such as market power, externalities, public goods, and asymmetric information problems. Throughout we discuss the scope and role of government intervention in markets. This course serves three main purposes:
- to introduce students to basic microeconomic principles;
- to help students understand the business world through the lens of economic models;
- to develop students' skills in critical thinking and comprehension.Tentative course schedule:Week 1: What is microeconomics? What is a perfectly competitive market? Why is it a useful but unrealistic benchmark?Week 2: What determines consumer demand?Week 3: What determines producer supply?Week 4: How are quantities and prices determined in equilibrium? How are the gains from competitive market exchanges shared between consumers and producers?Week 5: Market power and oligopolies.Week 6: Market power and monopolies (1), how do monopolies choose what price to charge?MID-TERM TEST: November 17 (Friday), 11.30 - 13.00 (Hörsäle 1, 4, 6 und 14).Week 7: Market power and monopolies (2), how should we regulate monopolies?Week 8: Externalities. How does welfare change in a market where one agent's consumption has a positive or negative impact on others (e.g. pollution)?Week 9: Public goods and redistribution. Why do markets sometimes lead to underprovision of certain types of goods (e.g. healthcare, defense, education)?Week 10: Information frictions between consumers and firms (1). How can the lack of information available to consumers lead firms to obtain more market power?CHRISTMAS BREAKWeek 11: Information frictions between consumers and firms (2). How can the lack of information available to consumers lead to market breakdown?Week 12: Information frictions within organisations. Do firms' managers always maximise firms' profits?FINAL EXAM: February 1 (Donnerstag), 18.30 - 20.00 (Hörsäle 1, 4, 6 und 14).