Main Content

Microeconomics

Learning Objectives

The lecture is part of the research-methods module of the Master in Economics and Institutions. It aims at providing students with methods necessary to analyse individual decision making as well as the interplay between individuals and institutions. Thus, it aims at equipping students with those microeconomic methods that are required to successfully participate in the economic electives within the master's program. To that end, the lecture starts with a description of decision makers (i.e., individuals, households, and firms) that restores (if necessary) and deepens students' knowledge from "Intermediate Microeconomics". Based on these fundamental concepts, models of interaction and aggregation that are used in general-equilibrium theory and game theory are introduced.
The lecture has an interactive focus. Thus, all concepts are introduced by the lecturer and then developed and applied by the students. In parts, the lecture will have seminar characteristics which implies that students will use a problem-centered approach. Students will design their learning process in a self-dependent, cooperative way. Participation demands the willingness to accept this work mode and to contribute to the group's overall learning process.

Content

1. Basic Mathematics for Microeconomists
2. Individual Decision Making
3. General Equilibrium Theory
4. Game Theory

Lectures and Tutorial

Credits

6 ECTS will be awarded for passing a 120 minute written exam taking place at the end of the term. Please register at the examination office during the predefined period in order to take part in this exam.

Modules:

Master in Economics and Institutions: Theoretical Economics (Research Methods)
Master EMEA: Microeconomics
Master in International Business Administration: Methods

Material

All course material is exclusively provided through the online learning system ILIAS.
By entering the MARVIN-course after March 22nd you will get access to the ILIAS course. Please refrain from asking for passwords via phone or email.

Further Information