After successful completion of the course, students are able to..
Principles of supply and demandSupply and demand elasticitiesConsumer decisions and demandTheory of productionCost of productionPerfect competitionMonopoly and price discriminationExternalitiesPublic goods and common resources
Analysis of microeconomic models with algebraic and graphical means.Economic interpretation of microeconomic relations.
Please enrol in the regular course registration in TISS. This will guarantee that you will be able to participate in the course. Furthermore it enables us to get an overview of the required number of groups.
The initial meeting for the exercise sessions takes place during the first lecture of 105.620 VO Principles of Microeconomics.
Written exam and regular problem sets. Details in the information sheet on TUWEL.