That's  me ;-)

Economics & Statistics

 Summer term 2018 - 4 June 2018
ECONOMICS I -- Introduction to Economics, Microeconomics -- BIM 2nd semester Summer Term 2018

Basic Information

  • First klick HERE for the Assessment. ("Learning Portfolio")
  • Required parts of the Learning Portfolio will be explained at the beginning of the semester.
  • They might be subject to change / discussion during the semester.
  • If you want to present an Individual Assessment it has to be proposed not later than 25 May 2018.

Literature:

Student Platforms Aulis & Socrative:

About your Presentations:

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 (week starts) presentation Unit - topics (Preliminary Schedule) Material
1
1
12 March 2018  

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)
-> all texts in this reader

-> teamwork for next session: see table below

Organisational issues: schedule, assessments, online-learning

Welcome.ppt
"Basic Concepts"
Economics @ Wikipedia
!

2
1
15 March  

Introduction: Basic problems; economic systems

Introduction: economic systems
Objectives of economic policy and political systems.

-> Homework for next week: see table below

Hierarchy of goals in market economies
- "Wall Street" @ Wikipedia

- See also the
quotations of T. Friedman

3
2
19 March  

Basic problems; economic systems

Don't forget to upload your expectations in time! (if you want to do so)
4
2
22 March
now we
follow
the chapter
(numbers)
of Sloman:

PART A: INTRODUCTION
1: Introducing economics
      Economic systems
      Objectives of economic policy and political systems.

( PART B: FOUNDATIONS OF MICROECONOMICS 
2: Supply and demand
)

Please use the online resources, tests and case studies on the Sloman webpage (see above)
 
 
26.3. - 2.4.2018 EASTER BREAK

Berlin, 19th April 2018
JOINT ECONOMIC FORECAST SPRING 2018
German Economy Booming – But Air is Getting Thinner

Press release with Summary and Key Forecast Figures

  
5
3
2 April  - no class - - Easter Monday / national holiday -  
6
3
5 April

Before we start:

Please REGISTER to RefWorks, you have to use your university email (...@stud.hs-bremen.de)

 

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 by Ms. Ilka Gaulke

Exercise: For a term paper you need concrete values (estimations) of the price elasticity of demand (perhaps in a specific region). It has to be academic sources!
(There is not one correct answer. Hopefully the groups focus on different goods and so find different sources)

RefWorks:
- RefWorks @ SuUB
- Youtube-Channel | http://www.youtube.com/user/ProQuestRefWorks
  Learn RefWorks
- Sharing and collaboration

- EconLit
- OECD iLibrary: http://www.oecd-ilibrary.org/
- Web of Science: http://isiknowledge.com/wos

Example from another class: Corrected Version of a Reference Lis

7
4
9 April 13:00-13:30
teamwork in class:
Practise to use literature-databases (
EconLit) properly: research 3-5 articles from academic journals for your presentation topic = find them, check contents (abstract) and if it fits / is helpfull add it to your RefWorks folder.

PART B: FOUNDATIONS OF MICROECONOMICS 
2: Supply and demand

(3: Markets in Action )

Please check whether the registrations to the presentations (-> AULIS) are correct - and let me know any changes as well as further registration.    Please welcome guest (international) students into your teams !

- Klick HERE for further information about the presentation
- What makes a good presentation? -> MindMap 2016, older MindMap
- "Wall Street" @ Wikipedia
- See also the
quotations of T. Friedman

8
4
12 April

Pres. 2

Review of Monday's literature search

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
9
5
16 April

3: Markets in Action   -> Elasticity

 

10
5
19 April  Pres. 3 3: Markets in Action   -> Elasticity

(just a reminder: there are many textbook-resources available online)

Topics of Midtern: Introduction, basic questions, objectives (hierarchy of goals), 10 Principles of Economics, chapters 1-3.1
-> EconomicsExamExamples_Micro.doc

11
6
23 April

 

PART C: MICROECONOMICS
4: Background to demand

 
12
6
26 April  Pres. 4

Review / Repetition and questions - chapters 1-4 (and Mankiw)
YOUR questions

5: Background to supply

The production process 
Functions of Competition

13
7

30 April

 

                                     Midterm Test (30 minutes)

Topics of Midtern: Introduction, basic questions, objectives (hierarchy of goals), 10 Principles of Economics, chapters 1-3.1
-> EconomicsExamExamples_Micro.doc

(Contents_of7th_edition.doc) 

14
7
3 May  Pres. 5
5: Background to supply  
15
8

7 May

 

5: Background to supply -> Profit Maximisation 

 
16
8
10 May - no class - - national holiday -  
17
9

14 May 2018

Pres. 6

5: Background to supply -> Profit Maximisation 

6: Profit maximising under perfect competition and monopoly

 
18
9
17 May
Pleas note:
The presentations
have been rescheduled.
6: Profit maximising under perfect competition and monopoly

Bundeskartellamt - Control of abusive practices - Ban on cartels
Information brochure: Effective cartel prosecution - Benefits for the economy and consumers
Deutsche Bahn AG to make changes to ticket sales - do you like a coffee?

19
10
21 May - no class - - national holiday -

 

20
10
24 May  Pres. 7 

6: Profit maximising under perfect competition and monopoly
7: Profit maximising under imperfect competition

 
21
11
28 May 7: Profit maximising under imperfect competition

Movie "A beautiful Mind" about John F. Nash
"the best result will come if everyone does what is best for himself ... and the group"

- "Split or Steal" and "From Stealing to Trust"

22
11
31 May

Pres. 8

(guest lecturer: Prof. Dr. Juan Montoro, Universidad de Valencia)

Review marktet structures
7: Profit maximising under imperfect competition -> Game Theory
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
23
12
4 June  

(8: Alternative theories of the firm)

9: The theory of distribution of income

 

24
12
7 June

Pres. 9

9: The theory of distribution of income

 
25
13
11 June

Part D Microeconomic Policy
10: Inequality, poverty and policies to redistribute incomes

 

26
13
14 June Pres. 10 (2 presentations)

11: Markets, efficiency and the public interest

27
14
18 June     Pres. 11
Evaluation 

12: Environmental Policy

 
28
14
21 June

Pres. 12 (2 presentations)

Pres. 13

13: Governmental Policy towards Business
Warm-up questions ;-)
   + review ++ and YOUR question

-> Socrative, waiting for the teacher

Preview Economics II
Please register for the presentations

29
15
25 June


                                    Final Test (30 minutes)

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
28 June   

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:
Teams:

Date:

 


All students /
photos

Alpha  
Beta  
Gamma  
Delta  
Epsilon  
Zeta
 

names of students / pictures 

Anna
Dario
Denis
Ennio
Jana
Johanna
Konstantin
Tom

Melani

Amelie
Francisco
Funda
Gabriela
Gözde
Luisa-Marie
Maurice
Melih

Bharath

Anil
Jasmin
Madita
Sanja
Silan
Svenja
Thu Thuy
Vanessa

Jade

Anika
Kaja
Lena
Michelle
Nora
Ornella
Thiviya

Samuel

Anna Lena
Janine
Jonas
Nadine
Nico
Pia
Virginia

Steffen

Bjarne
Freya
Hannah
Konstantin
Marleen
Melina
Timo

Perrine

Monday, 12 March 2018

Mankiws "Principles" & Obama text - presentation in class:
-> What's it about?

The results are to be presented on Thursday, 15 March up to 10 minutes / team. Please prepare a file (doc, ppt) and upload it before class to our AULIS group.

1-2
3-4
5-6
7-8
9-10
Obama
Thursday, 22 March 2018 (-> rescheduled to 5 April)

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
  EASTER BREAK            
12 April 2018
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 !

--

26 April 2018

EoC Chapter 2 (=End Of Chapter questions of Sloman)

We are going to discuss questions 12 and 13 from the EconomicsExamExamples_Micro.doc

1 (recommended to ALL students)
2
4
3 and 5
6- and 8
7 (recommended to ALL students)
3 May 2018

EoC Chapter 3

+ task 4 from:
VWL1-MicroExamWS11-12.doc

1; 2-a
3; 2-b
3; 2-c
4; 2-d
5; 2-e
6; 2-f
(10 May)

- no class - (national holiday)

 From now on NO "HO'MEWORK" is requested, we are going to discuss the answers together in class
17 May 2018

EoC Chapter 5
ALL students: questions 1 & 2

3
4
5
6
7
8
24 May 2018

EoC Chapter 6
ALL students: quest. 1

we might do tasks from:
VWL1-MicroExamWS11-12.doc (test of earlier semester)
- Micro Exam (WS 06/07)

2
3
4
5
6
7
31 May 2018 t.b.a.            
t.b.a.              
 

we'll do exercises in class
-> Microeconomics WS 05/06 EFA 3 (English) (90 min)

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 ;-)
  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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Hochschule Bremen
Fakultät Wirtschaftswissenschaften
VWL und Statistik