Microeconomic Theory and Policy

Faculty

Faculty of Business Management and Social Sciences

Version

Version 17.0 of 01/27/2022

Code of Module

22B1295

Modulename (german)

Microeconomic Theory and Policy

Study Programmes
  • International Management (B.A.)
  • Betriebswirtschaft und Management - WiSo (B.A.)
  • Internationale Betriebswirtschaft und Management (B.A.)
Level of Module

1

Mission Statement

Microeconomic principles and state intervention.

Content
  1. Introduction
  2. Consumer economics
  3. Producer economics
  4. Perfect and imperfect competition
  5. State interventions
  6. Introduction: New institutional economics
  7. Introduction: Game theory
Learning Outcomes

Knowledge Broadening
Students who have successfully studied this module know the central microeconomic questions associated with the supply of goods and the economic policy target system.
Knowledge Deepening
Students are able to recognize strengths and weaknesses of the market allocation and to assess state interventions in the market process on the basis of welfare-theoretical facts.
Instrumental Skills and Competences
Students are able, to some extend, to assess economic policy proposals theory-based
Communicative Skills and Competences
Students are able to process economic questions and to present them to third persons in an appropriate manner.
Systemic Skills and Competences
Students are able to use their available economic tool for solutions and to develop case-related approaches on their own.

Mode of Delivery

Lecture with Exercises, self-study

Expected Knowledge and/or Competences

Mathematics (from school)

Responsible of the Module

Skala, Martin

Lecturer(s)
  • Skala, Martin
  • Jennes, Geert
  • Hirata, Johannes
  • Mayer, Peter
  • Trabold, Harald
Credits

5

Concept of Study and Teaching
Workload Dozentengebunden
Std. WorkloadLehrtyp
58Vorlesungen
2Prüfungen
Workload Dozentenungebunden
Std. WorkloadLehrtyp
40Veranstaltungsvor-/-nachbereitung
25Literaturstudium
25Prüfungsvorbereitung
Recommended Reading

Skala, Martin (2022): Economic Models -- A Collection of Classics: Polypoly vs. Monopoly:https://www.zemit.wi.hs-osnabrueck.de/econmodels2/polymono2.htmlLanding Page:https://www.zemit.wi.hs-osnabrueck.de/econmodels2/index.html***************Krugman, Paul; Wells, Robin (latest ed.): Economics.Mankiw, N. Gregory; Taylor, Mark P. (latest ed.): Principles of Economics.***************Additional sources will be given in the lecture.

Graded Exam
  • Two-Hour Written Examination
  • Portfolio exam
Examination Requirements

Given in the lecture

Duration

1 Term

Module Frequency

Only Winter Term

Language of Instruction

English