Syllabus

Titel
1774 Advanced Microeconomics
LV-Leiter/innen
Dr. Michael Weichselbaumer
Kontakt
  • LV-Typ
    PI
  • Semesterstunden
    2
  • Unterrichtssprache
    Englisch
Anmeldung
17.09.2020 bis 04.10.2020
Anmeldung über LPIS
Hinweise zur LV
Planpunkt(e) Bachelor
Termine
Wochentag Datum Uhrzeit Raum
Montag 12.10.2020 14:00 - 16:30 TC.3.11
Montag 19.10.2020 14:00 - 16:30 TC.4.15
Montag 02.11.2020 14:00 - 16:30 TC.4.14
Montag 09.11.2020 14:00 - 16:30 TC.4.13
Montag 16.11.2020 12:15 - 14:00 D5.0.001
Montag 30.11.2020 14:00 - 16:30 Online-Einheit
Montag 07.12.2020 14:00 - 16:30 Online-Einheit
Montag 14.12.2020 14:00 - 16:30 Online-Einheit
Montag 21.12.2020 14:00 - 16:30 Online-Einheit
Montag 11.01.2021 09:30 - 11:15 Online-Einheit
Montag 18.01.2021 09:15 - 11:00 Online-Einheit

Ablauf der LV bei eingeschränktem Campusbetrieb

In which mode will you hold the course (distance mode or a hybrid variant)? If a hybrid variant is chosen, how will the process look like for the students?

A: Distance.

Which teaching/learning methods will be used? (e.g. course recordings, virtual synchronous course units, self-study with literature, coaching sessions)

A: Self-study of the lecture notes, meetings in MS Teams for Q&A and discussion of the lecture notes. Possibility to ask questions about the exercises in preparation of giving written answers at home. Possibility to send questions via e-mail, which will be answered and the edited answers being uploaded for all students.

What do you expect from the students? (e.g. preparation of interactive course units, availability, compliance to set dates, provided this planned dates are maintained)?

A: In-depth self-study of the lecture notes, preparation of questions about the lecture notes and the exercises that will be discussed in the in-class meetings. Written solutions for the exercises must be sent to the lecturer via e-mail within a week after the in-class meeting.

How is attendance regulated? (Attendance can be completely suspended).

A: None.

How do you assess the performance, what forms of assessment are used for this (e.g. remote take-home exam, videos of presentations)? What does the composition of the overall assessment consist of (proportion of the individual performances in the final grade)?

A: Final grade consists of:

20 points: exercises

40 points: 1st written exam

40 points: 2nd written exam

Inhalte der LV

This course is the second half of the Microeconomics series. It 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).


Lernergebnisse (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.


Regelung zur Anwesenheit

Attendance is mandatory, max. 2 absences without valid excuse

Lehr-/Lerndesign

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

Leistung(en) für eine Beurteilung

Mid term exam (40%), final exam (40%), exercises and participation (20%).

 

 

 

Literatur

1 Autor/in: Christopher Snyder, Walter Nicholson
Titel: Microeconomic theory: basic principles and extensions

Verlag: Mason, Ohio: South-Western, Cengage Learning
Auflage: 11. ed., internat. ed.
Jahr: 2012
Prüfungsstoff: Ja
Empfehlung: Referenzliteratur
Art: Buch

Teilnahmevoraussetzung(en) und Vergabe von Wartelistenplätzen

According to the curriculum. (Laut Studienplan.)

Erreichbarkeit des/der Vortragenden

Office hours: by appointment. Room D4.1.022.

Institute for Quantitative Economics, Building D4, 1st floor. (Note: the entrance to the department is located on the 2nd floor).

Tel: 31336 - 4542

email: michael.weichselbaumer@wu.ac.at



Zuletzt bearbeitet: 08.10.2020



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