What is the practical use of microeconomics
- Specialized bachelor's degree in business administration with a legal focus (bachelor's degree)> advanced area economics
- Subject Bachelor in Sustainability Economics (Bachelor)> Basic / basic curriculum
- Specialized Bachelor in Economics (Bachelor)> advanced modules
- Two-subject Bachelor in Economics (Bachelor)> advanced modules
Lecturers who take part in the module (authorized examiners)
Helm, Carsten (module responsibility)
Rahmeier Seyffarth, Anelise (module consulting)
Rüb, Daniel (module consulting)
The students • understand the importance of microeconomics as a method for analyzing economic processes and understanding the behavior of typical actors, • master the fundamentals of microeconomics and can put microeconomic questions in the context of scientific discussion • can use microeconomic methods in the analysis of economic problems independently apply them and question them critically • can exchange ideas in a team on microeconomic issues and problems, work out proposed solutions together and represent them in the scientific debate.
• Definition and description of microeconomics • Theory of the household (budget, preferences, benefits, optimal consumption plan, demand) • Theory of the company (technology, costs, profit maximization, supply) • Markets and market forms (complete competition, monopoly, oligopoly) • Market failure ( external effects, public goods, asymmetric information) • Game theory and experiments
Varian, H. (2016), Fundamentals of Microeconomics, Oldenbourg Verlag, Munich. Pindyck, R. S. and D. L. Rubinfeld (2013): Mikroökonomie, Pearson Verlag. Stocker, F. (2013): Having fun with micro: Practical microeconomics for (ver) doubting students, Oldenbourg Verlag, Münschen.
The module consists of a lecture and a tutorial. The content of the module is presented in the lecture. In the tutorial, this content is discussed using exercises and practiced using sample tasks.
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