Syllabus

Title
6017 Advanced Microeconomics
Instructors
Univ.Prof. Dr.Dr. Ulrich Berger
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/16/18 to 02/23/18
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Thursday 03/08/18 10:45 AM - 12:45 PM TC.3.08
Thursday 03/15/18 10:45 AM - 12:45 PM TC.3.08
Thursday 03/22/18 10:45 AM - 12:45 PM TC.3.08
Thursday 04/12/18 10:45 AM - 12:45 PM TC.3.08
Thursday 04/19/18 10:45 AM - 12:45 PM TC.3.08
Thursday 04/26/18 10:45 AM - 12:45 PM TC.3.08
Thursday 05/03/18 10:45 AM - 12:45 PM TC.3.08
Thursday 05/17/18 10:45 AM - 12:45 PM TC.3.08
Thursday 05/24/18 10:45 AM - 12:45 PM TC.3.08
Thursday 06/07/18 10:45 AM - 12:45 PM TC.3.08
Thursday 06/14/18 10:45 AM - 12:45 PM TC.3.08
Thursday 06/21/18 10:00 AM - 11:30 AM D4.0.039
Friday 07/13/18 10:00 AM - 11:30 AM D4.0.144
Contents

 

 

 

This course covers advanced topics in microeconomic theory, including: General equilibrium (exchange and production); Externalities, Uncertainty (risk-aversion); Externalities and Public Goods, Asymmetric Information (moral hazard and adverse selection).

 

 

 

 

Learning outcomes

After completing this course, students will have gained the analytical and methodological skills to understand and address more advanced microeconomic questions and problems. They will understand: 1) how different markets interact with each other in general equilibrium models; 2) the several ways in which the violation of the perfect market assumption (i.e., market failures) affects market outcomes; 3) how uncertainty plays into the model of economic behavior.


Teaching/learning method(s)

Lecture, discussions, and analytical/quantitative exercises of course topics. 

Assessment

Mid term exam (40%), final exam (60%), exercises and participation (up to 10% bonus).

 

 

 

Prerequisites for participation and waiting lists
According to the curriculum. (Laut Studienplan.)
Readings
1 Author: Christopher Snyder, Walter Nicholson
Title: Microeconomic theory: basic principles and extensions

Publisher: Mason, Ohio: South-Western, Cengage Learning
Edition: 11. ed., internat. ed.
Year: 2012
Content relevant for class examination: Yes
Recommendation: Reference literature
Type: Book
Availability of lecturer(s)

ulrich.berger@wu.ac.at

 

Last edited: 2017-11-15



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