ECONOMICS
I -- Introduction to Economics,
Microeconomics
-- BIM 2nd semester Summer
Term 2019
|
Basic Information
Literature:
Student Platforms Aulis & Socrative:
About your Presentations:
Tentative
schedule, also
the presentation dates may be subject to changes!
|
No | week |
date (week starts) | presentations (preliminary!) |
Unit - topics (Preliminary Schedule) | Material |
1 | 1 |
13 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) -> teamwork for next session: see table below |
Organisational issues: schedule, assessments, online-learning |
|
2 | 1 |
14 March | Introduction: Basic problems; economic systems 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 week: see table
below |
- Hierarchy
of goals in market economies |
|
3 | 2 |
20 March -> 12:30 (due to the "Infotag") |
Basic problems; economic systems 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) |
Don't forget to upload your expectations in time! (if you want to do so) | |
4 | 2 |
21 March | now we follow the chapter (numbers) of Sloman: |
PART
A: INTRODUCTION ( PART B: FOUNDATIONS
OF MICROECONOMICS |
Presentations:
Please use the online resources, tests and case studies on the Sloman webpage (see above) |
5 | 3 |
27 March | 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. Please welcome guest (international) students into your teams ! - Klick HERE
for further information about the presentation |
|
6 | 3 |
28 March | 3: Markets in Action | ||
7 | 4 |
03 April |
(Pres. 2) |
3: Markets in Action -> Elasticity |
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 |
04 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! RefWorks: |
- EconLit Example from another class: Corrected Version of a Reference Lis |
9 | 5 |
10 April | NO class | (just a reminder: there are many textbook-resources available online) Topics
of Midtern: will be discussed in class (review to 2018:
Introduction, basic questions, objectives (hierarchy of goals), 10 Principles
of Economics, chapters 1-3.1 - might be changed in our
discussion today) |
|
10 | 5 |
11 April | ( Pres. 3) | PART C: MICROECONOMICS 4: Background to demand |
|
15.4. - 22.4.2019 EASTER BREAK | |||||
11 | 6 |
24 April | Pres. 4 | Review
/ Repetition and questions - chapters 1-4 (and Mankiw) 5: Background to supply |
|
12 | 6 |
25 April | 5: Background to supply | ||
13 | 7 |
01 May |
- no class - |
-
national holiday - |
|
14 | 7 |
02 May | Midterm Test (30 minutes) 5: Background to supply |
Topics
of Midtern will be discussed in class, see above |
|
15 | 8 |
08 May |
Pres. 5 |
5: Background to supply
-> Profit Maximisation 6: Overview: perfect competition, monopoly an other market structures |
|
16 | 8 |
09 May | 6: Profit maximising under perfect competition and monopoly |
||
17 | 9 |
15 May |
Pres. 6 |
6: Profit maximising under perfect competition and monopoly |
|
18 | 9 |
16 May | 6: Profit maximising
under perfect competition and monopoly 7: Profit maximising under imperfect competition |
|
|
19 | 10 |
22 May | no class |
|
|
20 | 10 |
23 May | no class | ||
21 | 11 |
29 May | Pres. 7 |
7: Profit maximising under imperfect competition Evaluation |
Bundeskartellamt
- Control
of abusive practices - Ban
on cartels Information brochure: Effective cartel prosecution - Benefits for the economy and consumers - Leniency Programme Deutsche Bahn AG to make changes to ticket sales - do you like a coffee? |
22 | 11 |
30 May | - no class - | - national holiday - | |
23 | 12 |
05 June | Review
marktet structures (8: Alternative theories of the firm) |
Movie "A
beautiful Mind" about John
F. Nash - "Split or Steal" and "From Stealing to Trust" |
|
24 | 12 |
06 June | Pres. 8 |
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 |
25 | 13 |
12 June | Room change -> A 105 |
9: The theory of distribution of income Part
D Microeconomic Policy Evaluation |
- "Split or Steal" and "From Stealing to Trust" |
26 | 13 |
13 June | Pres. 10 |
11: Markets, efficiency and the public interest ME:
Individual Assessments: |
|
27 | 14 |
19 June | Pres. 11 | 12: Environmental Policy ME:
Individual Assessments: |
|
28 | 14 |
20 June | Pres. 12
(guest lecturer: Prof. Dr. Juan Montoro, Universidad de Valencia) |
13:
Governmental Policy towards Business |
Preview
Economics II |
29 | 15 |
FRIDAY 21 June |
13:15 room A01 |
Final Test (30 minutes) |
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_Final2019_30min.doc
- to be further discussed in class) Additionally some of
your review
questions are relevant. -> EconomicsExamExamples_Micro.doc |
30 | 15 |
26 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
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Zeta
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|
names of students / pictures |
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Thursday, 14 March 2019 (start Wednesday 15 March) |
presentation
of Mankiws "Principles" & Obama
text - presentation in class: |
1-2 |
3-4 |
5-6 |
7-8 |
9-10 |
Obama |
21 March |
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 |
28 March |
Mankiw: "Problems and Applications" 13:00-13:30 |
No 17 ONE example ! |
No 17 ONE example ! |
No 17 ONE example ! |
No 17 ONE example ! | No 17 ONE example ! | No 17 ONE example !! |
11 April | Review of last weeks' literature search 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) |
... | EASTER BREAK |
||||||
25 April | EoC Chapter 3 + task
4 from: |
1; 2-a |
3; 2-b |
3; 2-c |
4; 2-d |
5; 2-e |
6; 2-f |
2 May | EoC Chapter 5 |
||||||
9 May | EoC Chapter 5 |
3 |
4 |
5 |
6 |
7 |
8 |
EoC Chapter 6 we might do tasks
from: |
2 |
3 |
4 |
5 |
6 |
7 |
|
6 June | Each team please presents their case and their basic learnings in 5-10 minutes Bundeskartellamt
- Control
of abusive practices - Ban
on cartels |
Facebook, Exploitative business terms pursuant to Section 19(1) GWB for inadequate data processing | No proceeding against Lufthansa for abusive pricing | ATM withdrawal fees | Food retailer EDEKA violates prohibition to demand unjustified benefits from de-pendent suppliers | Fines imposedon account ofverticalprice fixing in the sale of beer | Fines imposed on account of the resale price maintenance of roasted coffee products |
we'll do exercises
in class Additionally we might discuss some tasks from: VWL1-MicroExamWS11-12.doc (Example of a final test (30 min) |
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 |