Microeconomics I

Content

This course provides an introduction into microeconomics. Highlighting the simplicity and profoundness of economic ideas in explaining and improving the world, our objective through this course is to foster a love for economics and explain its significance in daily lives. Towards the end of the semester, we hope that the students will be able to master the key principles of economics. Students will learn about the well-known economic concepts such as opportunity cost, supply and demand, game theory, risks, and factors of production among many others. To offer a slightly extensive version of introductory microeconomics, we will also incorporate topics that span public policy (externalities, public goods, taxes) and behavioural economics (loss aversion, choices and preferences).

The course will center around the main themes of: optimization, equilibrium and empiricism. Employing a simple language, visual representations, mathematics, exercise tutorials and empirical evidences, we approach the task of communicating the course material to our students in efficiently, in a manner that is also memorable and fun. Students will gather the core theoretical insights of microeconomics as well as modern empirical insights bridging the journey from text books to reality.
 

Lecture:

08.04. - 09.07.2024  (no lecture: 20.05., 27.05., 28.05.)

Room: Konzil 1

Mondays: 13:30 - 15:00 Uhr
Tuesdays 10:00 - 11:30 Uhr

The first lecture (08.04.2024) takes place in room Konzil 1!

Tutorials:

ab 16.04.- 11.07.2024

Day and time Group Tutor Room
Montag 8:15-9:45 1 Yuriy Serebrennikov G309
Dienstag 13:30 -15:00 2 Maike Schlosser G227
Mittwoch 10:00 - 11:30 3 Maike Schlosser E404
Mittwoch 11:45 - 13:15 4 Golo Schubert G201
Donnerstag 10:00 - 11:30 5 Golo Schubert E404
Donnerstag 15:15 - 16:45 6 Yuriy Serebrennikov G201

Exam

Friday 26.07.2024 08:30 - 10:00 Uhr

Rooms: Konzil1, Konzil2, R711, R712

The exam review for Microeconomics will take place on September 10th from 13:30 - 15:00 in room F423.