GESS (Science in Perspective): This course is only for students enrolled in a Bachelor’s degree programme.
Students enrolled in a Master’s degree programme may attend “Principles of Microeconomics” (LE 363-0503-00L) instead.
Note for D-MAVT students: If you have already successfully completed “Principles of Microeconomics” (LE 363-0503-00L), then you will not be permitted to attend it again.
Courses
Number
Title
Hours
Lecturers
351-1109-00 G
Einführung in die Mikroökonomie
Zusätzliche (freiwillige) Termine für Übungen zur Vorlesung werden zu Beginn der Vorlesung bekanntgegeben.
The course introduces basic principles, problems and approaches of microeconomics. It describes economic decisions of households and firms, and their coordination through perfectly competitive markets.
Learning objective
Students acquire a deeper understanding of basic microeconomic models.
They acquire the ability to apply these models in the interpretation of real world economic contexts.
Students acquire a reflective and contextual knowledge on how societies use scarce resources to produce goods and services and distribute them among themselves.
Content
Market, budget constraint, preferences, utility function, utility maximisation, demand, technology, profit function, cost minimisation, cost functions, perfect competition, information and communication technologies
Varian, Hal R. (2014), Intermediate Microeconomics, W.W. Norton
Prerequisites / Notice
This course "Einführung in die Mikroökonomie“ (363-1109-00L) is intended for Bachelor students and LE 363-0503-00 "Principles of Microeconomics" for Master students.
Competencies
Subject-specific Competencies
Concepts and Theories
assessed
Techniques and Technologies
assessed
Method-specific Competencies
Analytical Competencies
assessed
Decision-making
assessed
Media and Digital Technologies
fostered
Problem-solving
fostered
Project Management
fostered
Social Competencies
Communication
fostered
Cooperation and Teamwork
fostered
Customer Orientation
fostered
Leadership and Responsibility
fostered
Self-presentation and Social Influence
fostered
Sensitivity to Diversity
fostered
Negotiation
fostered
Personal Competencies
Adaptability and Flexibility
fostered
Creative Thinking
fostered
Critical Thinking
assessed
Integrity and Work Ethics
fostered
Self-awareness and Self-reflection
fostered
Self-direction and Self-management
fostered
Performance assessment
Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course