204-006-IO Microeconomics
Study program: | International Management (MBA) |
Academic level and semester: | Master, 2nd semester |
ECTS credits/workload per semester: | 2 / 50 |
Contact hours per week/contact hours per semester: | 2 / 25 |
Type/Teaching method: | Lecture |
| Language of instruction: | English |
Frequency: | Every semester |
Lecturer: | Prof. Dr. Philipp Paulus, Dipl.-Oec. Daniel Aichinger |
Content: | Students in this class will learn to understand basic microeconomic principles and methods used in economic analyses. They receive basic knowledge of theories of consumer and firm behavior as well as first insights into different forms of market competition. When the market outcome is not optimal from a social welfare perspective, possible strategies that governments can undertake to achieve socially more desirable market outcomes are discussed. |
Textbooks: | Title: MicroeconomicsAuthor: Krugman/WellsEdition: 2ndPublished by: Worth, New York: 2009ISBN: 0-7167-7159-4Title: Applied MicroeconomicsAuthor: Hope, StephenPublished by: Wiley, Chichester; Weinheim[u.a.], 1989ISBN: 0-471-97914-7 |
| Recommended for: | Undergraduates |
| Prerequisites: | Background in Business / Economics |
Restrictions: | Number of undergraduates is limited to 6 |
Assessment: | Written exam |