Microeconomic Theory and Policy
- Faculty
Faculty of Business Management and Social Sciences
- Version
Version 2 of 26.02.2025.
- Module identifier
22B1295
- Module level
Bachelor
- Language of instruction
English
- ECTS credit points and grading
5.0
- Module frequency
winter and summer term
- Duration
1 semester
- Brief description
Microeconomic principles and state intervention.
- Teaching and learning outcomes
1. Introduction 2. Consumer economics 3. Producer economics 4. Perfect and imperfect competition 5. State interventions 6. Introduction: New institutional economics 7. Introduction: Game theory
- Overall workload
The total workload for the module is 150 hours (see also "ECTS credit points and grading").
- Teaching and learning methods
Lecturer based learning Workload hours Type of teaching Media implementation Concretization 58 Lecture Presence - 2 Examination Presence - Lecturer independent learning Workload hours Type of teaching Media implementation Concretization 40 Preparation/follow-up for course work - 25 Study of literature - 25 Exam preparation -
- Graded examination
- Written examination or
- Portfolio exam
- Remark on the assessment methods
The portfolio exam covers 120 points and consists of a one-hour written examination (K1) and a final one-hour written examination (K1). Each K1 is weighted by 60 points
- Exam duration and scope
Written examinations: : in accordance with the valid study regulations
The requirements are specified in the respective lectures.
- Recommended prior knowledge
Mathematics (from school)
- Knowledge Broadening
Students who have successfully studied this module know the central microeconomic questions associated with the supply of goods and the economic policy target system.
- Knowledge deepening
Students are able to recognize strengths and weaknesses of the market allocation and to assess state interventions in the market process on the basis of welfare-theoretical facts.
- Knowledge Understanding
Students are able to assess economic policy proposals theory-based.
- Application and Transfer
Students are able to use their available economic tool for solutions and to develop case-related approaches on their own.
- Academic Innovation
Students will be able to creatively use a selected set of economic tools and develop possible solutions.
- Communication and Cooperation
Students are able to process economic questions and to present them to third persons in an appropriate manner.
- Academic Self-Conception / Professionalism
Students will have developed an ability to abstract that allows them to apply economic concepts to current economic policy issues and make a multidimensional assessment.
- Literature
Skala, Martin (2022): Economic Models -- A Collection of Classics: Polypoly vs. Monopoly: www.zemit.wi.hs-osnabrueck.de/econmodels2/polymono2.html Landing Page: www.zemit.wi.hs-osnabrueck.de/econmodels2/index.html *************** Krugman, Paul; Wells, Robin (latest ed.): Economics. Mankiw, N. Gregory; Taylor, Mark P. (latest ed.): Principles of Economics. *************** Additional sources will be given in the lecture.
- Applicability in study programs
- International Business and Management
- International Business and Management, B.A.
- Business Management in the Health Sector
- Business Management in the Health Sector, B.A.
- International Management
- International Management, B.A.
- Business Administration and Management
- Business Administration and Management, B.A.
- Person responsible for the module
- Skala, Martin
- Teachers
- Skala, Martin