Syllabus

Title
6254 Applied Microeconomics
Instructors
Assoz.Prof PD Melis Kartal, Ph.D.
Contact details
melis.kartal@wu.ac.at
Type
VUE
Weekly hours
2
Language of instruction
Englisch
Registration
08/16/23 to 08/23/23
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Applied Microeconomics
Dates
Day Date Time Room
Monday 09/04/23 02:00 PM - 05:00 PM Online-Einheit
Thursday 09/07/23 02:00 PM - 05:00 PM Online-Einheit
Monday 09/11/23 02:00 PM - 05:00 PM Online-Einheit
Thursday 09/14/23 02:00 PM - 05:00 PM Online-Einheit
Monday 09/18/23 02:00 PM - 05:00 PM Online-Einheit
Thursday 09/21/23 02:00 PM - 05:00 PM Online-Einheit
Monday 09/25/23 02:00 PM - 05:00 PM Online-Einheit
Thursday 09/28/23 02:00 PM - 05:00 PM Online-Einheit

On this page:

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Contents

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.

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Learning outcomes

Having graduated this course, the students should be able to:

  • Express their opinions with regard to selected topics addressed by microeconomic theory and apply this theory to practical examples.

This lecture also requires from the students to develop the following abilities:

  • To apply theoretical concepts to practical examples;
  • To use analytical methods for the solution of diverse problem sets (e.g. finding the optimal decision for a given stakeholder using mathematical derivations);
  • To present and explain complex theoretical concepts.
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Attendance requirements

Attendance is necessary. Two lectures can be missed without excuse. Further absenteeism will lead to deregistration.

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Teaching/learning method(s)

The course aims to achieve the aforementioned outcomes through:

  • lectures that combine theory and practical examples;
  • class discussions of the topics covered;
  • solution of problem sets.

 

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Assessment

The grade is based on homework assignments 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%
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Prerequisites for participation and waiting lists

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.
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Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

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Availability of lecturer(s)

melis.kartal@wu.ac.at

 

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Other

Please note that the use of cellphones is not permitted during this course, unless mandated by the instructor.

Concerning exams: Please note that you may request a post-exam review after the exam.

Last edited: 2023-07-07



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