Incoming Students | Why not study in the Alps?

Niveau

1. Study cycle, Bachelor

Learning outcomes of the courses/module

Students are able to
• to discuss the impact of economic growth on social inequality and the natural environment
• explain how markets work and name determinants of price formation
• evaluate strategic interactions based on game theory models
• understand production decisions in companies and interpret the influences of market structures on price setting.
• examine and critically evaluate current developments on the basis of models.

Prerequisites for the course

none

Course content

• Economic growth, social inequality and ecological conditions
• Efficient allocation of scarce resources
• Market model and market equilibrium
• Strategic interaction and social dilemmas
• Elasticity, pricing and market types
• Welfare analysis of state interventions

Recommended specialist literature

• The CORE Team: The Economy: Economics for a Changing World. Oxford University Press (latest edition)
• Mankiw, Greg: Economics. Cengage Learning EMEA (latest edition)
• Pindyck, Robert; Rubinfeld, Daniel: Microeconomics. Pearson (latest edition)

Assessment methods and criteria

Portfolio

Language

English

Number of ECTS credits awarded

3

Share of e-learning in %

25

Semester hours per week

2.0

Planned teaching and learning method

Blended Learning

Semester/trimester in which the course/module is offered

2

Name of lecturer

Academic year

1

Key figure of the course/module

IBS.VZB.02.05

Type of course/module

integrated lecture

Type of course

Compulsory

Managerial Economics & Individual Decision-making