877-0201-00L  Economic Foundations for Policy Analysis

SemesterAutumn Semester 2023
LecturersT. Schmidt, J.‑E. Sturm
Periodicitytwo-yearly recurring course
CourseDoes not take place this semester.
Language of instructionEnglish



Courses

NumberTitleHoursLecturers
877-0201-00 GEconomic Foundations for Policy Analysis
Does not take place this semester.
40s hrsT. Schmidt, J.‑E. Sturm

Catalogue data

AbstractMarkets play an important function in modern societies by allocating resources and capital. Yet, important market failures require the intervention of public policy. This module introduces the fundamentals of micro- and macro-economics and thereby lays the foundation for the economic assessment of policy interventions.
ObjectiveHow Markets Function (Microeconomics):
Participants (1) understand basic principles, problems and approaches in microeconomics, (2) can analyse and explain simple economic principles in a market using supply and demand graphs, (3) can contrast different market structures and describe firm and consumer behaviour, (4) can identify market failures such as externalities related to market activities and illustrate how these affect the economy as a whole, (5) can address utility maximization and cost minimization problems.
How Economic Systems Function (Macroeconomics):
Participants understand (1) the behaviour of macroeconomic variables, such as gross domestic product, unemployment and inflation rates, (2) why national economic activity fluctuates, (3) what economic policy can do against unemployment and inflation, (4) what significance international economic relations have for specific countries, such as Switzerland.
LiteratureCourse materials can be found on Moodle.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersT. Schmidt, J.-E. Sturm
Typegraded semester performance
Language of examinationEnglish
RepetitionRepetition possible without re-enrolling for the course unit.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

PriorityRegistration for the course unit is only possible for the primary target group
Primary target groupCAS ETH Technol. & Public Policy: Impact Analysis (876000)
MAS ETH in Technology and Public Policy (877000)

Offered in

ProgrammeSectionType
CAS in Technology and Public Policy: Impact AnalysisModuleOInformation
MAS in Technology and Public PolicyImpact AnalysisOInformation