| Day | Date | Time | Room |
|---|---|---|---|
| Tuesday | 01/31/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Thursday | 02/02/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Tuesday | 02/07/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Thursday | 02/09/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Tuesday | 02/14/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Thursday | 02/16/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Tuesday | 02/21/23 | 03:00 PM - 06:00 PM | TC.5.13 |
| Thursday | 02/23/23 | 03:00 PM - 06:00 PM | TC.0.01 ERSTE |
This course introduces some key approaches that economists use to analyse and understand the behavior of consumers, firms and governments, both from a theoretical and an applied perspective.
This course is subdivided into two thematic blocks.
The first block focuses on consumer theory and production theory, chapters 1-8 in Pindyck and Rubinfeld, 9th global ed.
The second bloc focuses on the concept of market equilibrium under the assumption of perfect competition, chapter 9 in Pindyck and Rubinfeld, 9th global ed. and on issues of imperfect competition, chapters 10-12 in Pindyck and Rubinfeld, 9th global ed.
Having graduated this course, the students should be able to:
Applied Microeconomics is a lecture with interactive elements (VUE), therefore attendance is necessary. Three lectures can be missed without excuse. Further absenteeism will lead to deregistration.
If you are not subject to travel restrictions, attendance in class is mandatory.
The grade is based on homework assignments, midterm exam and final exam.
Overall performance must be >=60% in order to pass.
Grading scheme:
| 100-90 | A+, A, A- (1) | 100-90% | |
| 89.9-80 | B+, B, B- (2) | 89-80% | |
| 79.9-70 | C+, C, C- (3) | 79-70% | |
| 69.9-60 | D+, D (4) | 69-60% | |
| <60 | fail (5) | <60% |
For those who fail in the final exam, there will be a retake offered one week later.
If you have a valid registration for the lecture, but will not participate, please deregister during the registration period of LPIS. Your place will be available for other students.
During the registration period, free places are filled according to the “first-come, first-served” principle. After the end of the registration period, the number of places is increased and students on the waiting list will be registered for the lecture based on their progress in their studies.
Attendance in the first session is necessary, any absence will lead to deregistration! Any remaining places in the classes will be allocated to students attending the first session according to the waiting list. No places will be allocated by email or by phone.
Registration for the lecture cannot be guaranteed. Any student dropping out of the course who has already submitted a gradable task will receive a negative grade.