105.620 Principles of Microeconomics
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2020W, VO, 2.0h, 3.0EC
TUWEL

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture
  • Format: Distance Learning

Learning outcomes

After successful completion of the course, students are able to explain basic micro economic concepts of the theory of consumer behaviour and the theory of the firm.

  • derive demand functions from utility maximization and supply functions from profit maximization
  • analyse different market forms (monopoly, oligopoly, etc.)

Subject of course

Introduction to the principles of economics
Production possibility frontier, trade
Markets with perfect competition, supply and demand
Price- and income elasticity
Consumer- and producer rent
Housing market, labour market, agricultural commodity market, taxes
Consumer decision and demand
Theory of production
Cost of production
Perfect competition
Monopoly, price discrimination
Externalities
Public goods and common resources
Introduction to game theory

Teaching methods

analysis of microeconomic models with algebraic and graphical means

economic interpretation of microeconomic relations

Mode of examination

Written

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Thu14:00 - 16:0001.10.2020 - 28.01.2021 die LVA findet über zoom statt (LIVE)VO 105.620
Principles of Microeconomics - Single appointments
DayDateTimeLocationDescription
Thu01.10.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu08.10.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu15.10.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu22.10.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu29.10.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu05.11.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu12.11.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu19.11.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu26.11.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu03.12.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu10.12.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu17.12.202014:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu07.01.202114:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu14.01.202114:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu21.01.202114:00 - 16:00 die LVA findet über zoom stattVO 105.620
Thu28.01.202114:00 - 16:00 die LVA findet über zoom stattVO 105.620

Examination modalities

written exam

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Mon10:00 - 11:0022.11.2021 Exam via Zoomwritten15.11.2021 00:01 - 17.11.2021 23:59TISSonline Prüfung November
Fri14:00 - 15:3028.01.2022 Exam via Zoomwritten21.01.2022 12:00 - 23.01.2022 23:59TISSonline Prüfung Jänner

Course registration

Not necessary

Curricula

Study CodeSemesterPrecon.Info
033 526 Business Informatics 3. SemesterSTEOP
Course requires the completion of the introductory and orientation phase

Literature

No lecture notes are available.

Language

German