Syllabus

Title
6042 Advanced Microeconomics
Instructors
Assoz.Prof PD Melis Kartal, Ph.D.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/16/21 to 02/28/21
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 03/08/21 03:00 PM - 05:00 PM Online-Einheit
Monday 03/15/21 03:00 PM - 05:00 PM Online-Einheit
Monday 03/22/21 03:00 PM - 05:00 PM Online-Einheit
Monday 04/12/21 03:00 PM - 05:00 PM Online-Einheit
Monday 04/19/21 03:00 PM - 05:00 PM Online-Einheit
Monday 05/03/21 03:00 PM - 05:00 PM Online-Einheit
Monday 05/10/21 03:00 PM - 05:00 PM Online-Einheit
Monday 05/17/21 03:00 PM - 05:00 PM Online-Einheit
Monday 05/31/21 03:00 PM - 05:00 PM Online-Einheit
Monday 06/07/21 03:00 PM - 05:00 PM Online-Einheit
Monday 06/14/21 03:00 PM - 05:00 PM Online-Einheit
Contents

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).


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.


Attendance requirements

Attendance is mandatory, max. 2 absences without valid excuse

Teaching/learning method(s)

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

Assessment

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

 

 

 

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)

Office hours: by appointment. Room D4.2.151

Institute for Labor Economics, Building D4, 2nd floor

Tel: 31336 - 4264

email: melis.kartal@wu.ac.at

 

Course of the course with restricted campus operations

Due to the Corona situation currently our courses are  held online. As soon as the circumstances allow, our courses will  be held at the campus again. You will be informed  in time.

Last edited: 2020-12-23



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