Nummer20302S1Zielsetzung / Purpose- Students are able to use basic microeconomic models in words and by using graphs
- Students can explain how inputs markets work (achieve-ments and failures)
- Students analyze the economic consequences of govern-ment interventions in markets and the whole economy
Inhalt / Content- How markets determine incomes
- Labor market
- Land, Natural resources and the environment
- Capital, interest and profits
- Government taxations and expenditure
- Efficiency versus equity
- International trade
Besondere Eintrittsvoraussetzungen / Special Conditions of AdmissionSee general entry requirementsBibliographie/Literatur / Bibliography / Literature / ReferencesSamuelson/Nordhaus: Economics, latest edition, Ir-win/McGraw-Hill.Lehr- und Lernmethoden / Methods- Interactive Lectures
- Solving of problem sets
- Class discussions
Leistungsbewertung/Testanforderung(en) / Assessment- Written exam
- Length: 60 Minutes
- Weight: according to no. of credits
- Grading: graded
- Date: to be announced