Advanced Microeconomics

Key Info

Basic Information

Studypath:
Master in Management, Business and Economics
Semester:
1
Course Type:
Lecture
Language:
English
Cycle:
Winter term
Scheduling:
Entire semester
Course Units:
4.0
Credits:
5.0
Erasmus Capacity:
10
Compulsory Attendance:
No

Lecturer

  • Univ.-Prof. Dr.rer.pol. Thomas Kittsteiner

The following details taken from the examination regulations MSWIWI/14, SMPO 0. als Gesamtfassung (2016) are for information purposes only and not legally binding. For legally binding information, please refer to the corresponding official examination regulations of the program Master in Management, Business and Economics.

Syllabus

The course will lay the foundations in microeconomic methods and modeling. It will cover a broad range of topics such as: decision making under certainty, consumer theory, production, market structures, strategic interaction, competition, market failure and intervention, decision making under risk, behavioral economics.

Objectives

The course enables students to understand and apply basic concepts, methods and models in mi-croeconomics. Students will train and further develop their economic intuition and critically discuss assumptions, bindings and consequences of the relevant models and ideas. The course provides microeconomic tools and methods useful for adressing research questions and/or topics taught in other courses of the Master program.

Prerequisites

None

Examination

Examination (100%, graded, 60min.)

Further Information

No information available in English at the moment.

Literature

No information available in English at the moment.