ECONOMICS
I -- Introduction to Economics,
Microeconomics
-- BIM 2nd semester Summer
Term 2017
|
Basic Material:
Literature: The course is based on the textbook of Sloman:
Economics. (9th edition, 2015 - earlier versions (8th, 7th)
are also ok). In this module, we use the AULIS, the E-Learning-Platform of the Hochschule Bremen. The group is Repository (=Magazin) » Faculty 1: Business Sciences (School of Int. Business - SIB) » Business Studies / Int. Management (BIM BA) » BIM 2 - Microeconomics - summer term 2017. We are going to use this group for our internal communication and the uploads of the students. -> please kindly upload a picture to your AULIS profile, thank you. Assessment: CASE STUDY:
Presentations should be
delivered by groups of 3 - 4 students and take up to 20 minutes. The groups
are formed by registering in AULIS ! It is
expected that you provide a handout. No additional paper has to be delivered.
See here for the Marking
Criteria for Presentations and an example result for our
discussion in class "What
makes a good presentation". If you did not enrol for
a presentation up to now please do so as soon as possible - using the
AULIS forum mentioned above. It is required that you organize your sources
in RefWorks
and "share" the folder with
me (link via email) or the class (link in ppt/handout). |
Tentative
schedule, also
the presentation dates may be subject to changes!
Formally the class takes place for 6 classroom hours / week
(4 c-hours of class and 2 c-hour module exercise).
No | week | date | presentation | Unit - topics (Preliminary Schedule) | Material |
1 | 1 | 15 March 2017 | Introduction: Basic problems - Objectives (of Economics / economic policy) Teamwork about Mankiws "Ten Principles of Economics" and a short excerpt from B. Obama "The Audacity of Hope" (p. 176-184) -> (p. 178-185 for the teamwork) -> Homework for next session: see table below |
Organisational issues: schedule, assessments, online-learning |
|
2 | 1 | 16 March 2017 | Introduction: Basic problems; economic systems Introduction: economic
systems |
- Hierarchy
of goals in market economies |
|
3 | 2 | 22 March | (no class du to illmess) | Don't forget to upload your expectations in time! | |
4 | 2 | 23 March | (no class du to illmess) | Please use the online resources, tests and case studies on the Sloman webpage (see above) | |
5 | 3 | 29 March 2017 | PART
A: INTRODUCTION
PART B: FOUNDATIONS
OF MICROECONOMICS |
Please check whether the registrations
to the presentations (-> AULIS) are correct - and let me know
any changes as well as further registration. - Marking
Criteria for Presentations -
"Wall Street" @ Wikipedia |
|
6 | 3 | 30 March 2017 | Please bring a laptop or tablet so that at least every two of you have access to a computer! |
Presentation of the possibilities of the University Library: Econmics & Business Studies, Selected Resources - Faculty 1: International Business, Data Bases and RefWorks by Ms. Ilka Gaulke / Peter Schmidt RefWorks: -> http://www.refworks.com
(Gruppencode: RWUBremen) |
- EconLit Additional tools Example from another class: Corrected Version of a Reference Lis |
7 | 4 | 5 April 2017 | 2: Supply and demand 3: Markets in Action |
External links: ERS Glossary, Price Elasticity of Demand, Commodity and Food Elasticities from USDA (e.g. Cross Price Elasticities of Demand), Excel-File with empirically measured Elasticities (xls 13 MB, zip 1,3 MB) from Defra |
|
8 | 4 | 6 April 2017 | Pres. 2 |
3: Markets
in Action |
|
9 | 5 | 12 April 2017 | - no class - | (just a reminder:
there are many textbook-resources
available online) |
|
10 | 5 | 13 April 2017 | Pres. 3 | 3: Markets
in Action -> Elasticity |
|
14.04 - 21.04.17 | EASTER
BREAK |
Berlin, 12th April 2017 Press release with Summary and Key Forecast Figures (PDF, 275 KB) |
|||
11 | 6 | 26 April 2017 |
|
PART C: MICROECONOMICS |
Topics
of Midtern: Introduction, basic questions, objectives (hierarchy of goals),
10 Principles of Economics, chapters 1-3.1 -> EconomicsExamExamples_Micro.doc |
12 | 6 | 27 April | Review
/ Repetition and questions - chapters 1-4 (and Mankiw) 5: Background to supply |
||
13 | 7 | 3 May 2017 |
Midterm Test (30 minutes) |
Topics
of Midtern: Introduction, basic questions, objectives (hierarchy of goals),
10 Principles of Economics, chapters 1-3.1 |
|
14 | 7 | 4 May | Pres. 4 Pres. 5 |
5: Background to supply | |
15 | 8 | 10 May 2017 |
5: Background to supply -> Profit Maximisation |
||
16 | 8 | 11 May | no class | 5 ... | |
17 | 9 | 17 May 2017 |
Pres. 6 |
5: Background to supply -> Profit Maximisation 6: Profit maximising under perfect competition and monopoly |
|
18 | 9 | 18 May | 6: Profit maximising under perfect competition and monopoly | Bundeskartellamt
- Control
of abusive practices - Ban
on cartels |
|
19 | 10 | 24 May 2017 | Pres. 7 Pres. 8 |
(6: Profit maximising
under perfect competition and monopoly) two presentations |
|
20 | 10 | 25 May | NO class national holiday |
||
21 | 11 | 31 May 2017 | 7:
Profit maximising under imperfect competition |
||
22 | 11 | 1 June 8:30 make-up for 11 May |
7: Profit maximising under imperfect competition | ||
22 | 11 | 1 June | Review
marktet structures 7: Profit maximising under imperfect competition -> Game Theory |
||
23 | 12 | 7 June 2017 | Pres. 9 | 7: Profit maximising under imperfect competition -> Game Theory |
Movie "A
beautiful Mind" about John
F. Nash - "Split or Steal" and "From Stealing to Trust" |
24 | 12 | 8 June | Pres. 10 |
8:
Alternative theories of the firm |
In
memoriam of John
F. Nash - 'Beautiful Mind' mathematician John Nash killed in crash - Famed 'A Beautiful Mind' mathematician John Nash, wife, killed in N.J. Turnpike crash |
25 | 13 | 14 June 2017 | Pres. 11 |
9: The theory of distribution of income Part
D Microeconomic Policy |
|
26 | 13 | 15 June | 11: Markets, efficiency and the public interest |
||
27 | 14 | 21 June 2017 | Pres. 12 | 12: Environmental Policy |
|
28 | 14 | 22 June | Evaluation |
13:
Governmental Policy towards Business |
Preview
Economics II |
29 | 15 | 28 June 2017 |
Evaluation |
Topics
of final test: to
be further discussed in class!! Objectives
(hierarchy of goals), 10 Principles of Economics, chapters 2, 3.1, 5, 6,
(basic) parts of chapters 7 and following. (Contents_of7th_editionBIM_Final2017_30min.doc
- to be further discussed in class) Additionally some of
your review
questions are relevant. -> EconomicsExamExamples_Micro.doc |
|
30 | 15 | 29 June | Pres. 13 | 13: Governmental Policy towards Business Feedback Discussion |
Please remember: last BLOG! This should be a reflection of the class |
The "Module
Exercise" takes place every week.
We formed 6 teams and every team / group is assigned tasks for the next
session and is expected to present the results.
The module exercise is part of your individual workload, the lecturer won't
deliver new information there; he will only moderate the sessions. The tasks of
the module exercise normally refer to the topics discussed in the last week(s).
The numbers in the table below normally refer to the chapter in the textbook
(Sloman: "End of chapter questions" = EoC).
The exercises discussed in the module exercise show
the topics of the test. If the students deliver results or approaches
to the solution, we'll discuss the correct solution in class. If no approaches
are presented, the task will not be discussed in class but nevertheless stay
relevant for the test. TENTATIVE schedule
|
Alpha
|
Beta
|
Gamma
|
Delta
|
Epsilon
|
Zeta
|
|
names of students / pictures
|
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16 March 2017 | Mankiws
"Principles" & Obama
text - presentation in class: |
1-2 |
3-4 |
5-6 |
7-8 |
9-10 |
Obama |
23 March 2017 | Mankiw: "Problems and Applications" |
Sloman
p 29 (End of chapter 1 questions) 5 and 6 |
13-15 |
10-12 |
7-9 |
4-6 |
1-3 |
30 March 2017 |
Mankiw:
"Problems and Applications" |
No. 17 ONE example ! | + No. 17 ONE example ! | + No. 17 ONE example ! | + No. 17 ONE example ! | + No. 17 ONE example ! | + No. 17 ONE example ! |
6 April 2017 | EoC Chapter 2 (=End Of Chapter questions of Sloman) |
1 (recommended to ALL students) |
2 |
4 |
3 and 5 |
6- and 8 |
7 (recommended to ALL students) |
13 April 2017 | |||||||
EASTER BREAK | |||||||
EoC Chapter 3 + task
4 from: |
1; 2-a |
3; 2-b |
3; 2-c |
4; 2-d |
5; 2-e |
6; 2-f |
|
... |
|
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25 May 2017 1 June |
- no class, |
national holiday |
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8 June 2017 | EoC Chapter 5 |
3 |
4 |
5 |
6 |
7 |
8 |
15 June 2017 | EoC Chapter 6 we might do tasks
from: |
2 |
3 |
4 |
5 |
6 |
7 |
22 June 2017 | no homework,
we'll do exercises in class Additionally we might discuss some tasks from: VWL1-MicroExamWS11-12.doc (test of last semester) |
all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) | all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) | all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) | all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) | all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) | all teams should please look at the whole exam - we'll roll the dice which team presents which task ;-) |
29 June 2017 | Review and your questions | You find some old exams here | You find some old exams here | You find some old exams here | You find some old exams here | You find some old exams here | You find some old exams here |
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