105.620 Principles of Microeconomics
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2019W, VO, 2.0h, 3.0EC

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture

Learning outcomes

After successful completion of the course, students are able to explain basic micro economic concepts of the theory of consumer behaviour and the theory of the firm.
  • derive demand functions from utility maximization and supply functions from profit maximization
  • analyse different market forms (monopoly, oligopoly, etc.)
  • Subject of course

    Introduction to the principles of economics
    Production possibility frontier, trade
    Markets with perfect competition, supply and demand
    Price- and income elasticity
    Consumer- and producer rent
    Housing market, labour market, agricultural commodity market, taxes
    Consumer decision and demand
    Theory of production
    Cost of production
    Perfect competition
    Monopoly, price discrimination
    Externalities
    Public goods and common resources
    Introduction to game theory

    Teaching methods

    analysis of microeconomic models with algebraic and graphical means

    economic interpretation of microeconomic relations

    Mode of examination

    Written

    Lecturers

    Institute

    Course dates

    DayTimeDateLocationDescription
    Thu14:00 - 16:0003.10.2019 - 30.01.2020HS 17 Friedrich Hartmann - ARCH Vorlesung
    Principles of Microeconomics - Single appointments
    DayDateTimeLocationDescription
    Thu03.10.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu10.10.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu17.10.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu24.10.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu31.10.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu07.11.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu14.11.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu21.11.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu28.11.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu05.12.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu12.12.201914:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu09.01.202014:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu16.01.202014:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu23.01.202014:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung
    Thu30.01.202014:00 - 16:00HS 17 Friedrich Hartmann - ARCH Vorlesung

    Examination modalities

    written exam

    Exams

    DayTimeDateRoomMode of examinationApplication timeApplication modeExam
    Thu15:00 - 16:0027.06.2024EI 5 Hochenegg HS written17.06.2024 08:00 - 25.06.2024 23:59TISSPrüfung Juni

    Course registration

    Not necessary

    Curricula

    Study CodeObligationSemesterPrecon.Info
    033 526 Business Informatics Mandatory3. SemesterSTEOP
    Course requires the completion of the introductory and orientation phase

    Literature

    No lecture notes are available.

    Miscellaneous

    Language

    German