That's  me ;-)

Economics & Statistics

 Summer term 2019 - 20 June 2019
ECONOMICS I -- Introduction to Economics, Microeconomics -- BIM 2nd semester Summer Term 2019

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 24 May 2019

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) 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)
                              ----> 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
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)
                              ----> all texts in this reader
  <----

-> 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
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)
                              ----> all texts in this reader
  <----

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

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

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 
2: Supply and demand

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

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!
(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

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)
-> EconomicsExamExamples_Micro.doc

10
5
11 April ( Pres. 3) PART C: MICROECONOMICS
4: Background to demand
 
 
 
15.4. - 22.4.2019 EASTER BREAK

Berlin, 4 April 2019
Joint Economic Forecast Spring 2019
Significant Cooling of the Economy – Political Risks High

Press release with Summary and Key Forecast Figures

  
11
6
24 April  Pres. 4

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

5: Background to supply

The production process 
Functions of Competition

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
-> EconomicsExamExamples_Micro.doc
-> Econs1-Micro-MIDterm-Exam_SoSe18_30min

(Contents_of7th_edition.doc) 

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
7: Profit maximising under imperfect competition -> Game Theory

(8: Alternative theories of the firm)

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"

24
12
06 June

Pres. 8
Pres. 9

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
10: Inequality, poverty and policies to redistribute incomes

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:
-
"How social media affects consumer decision making" (Julia and Vanessa)

 
27
14
19 June     Pres. 11

12: Environmental Policy

ME: Individual Assessments:
- "After Sales Service" (Kristina and Alina)

 
28
14
20 June

Pres. 12

 

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

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
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:
Teams:

Date:

 


All students /
photos

Alpha  
Beta  
Gamma  
Delta  
Epsilon  
Zeta
 

names of students / pictures 

Hatim
Patricia
Helena
Naemi
Lina
Jathu
Katharina
Noemi
Sophia
Angie
Tugce
Michelle
Merlin
Carl
Tim
Leander
Hendrik
Henri
Regina
Timon Mika
Kristina
Marie
Ebru
Julia
Isabel
Jana
Theresa
Anouk
Kosuke
Kevin
Nicola
Alina
Junsoo
Julia
Vanessa
Thursday, 14 March 2019
(start Wednesday 15 March)

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

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
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.

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:
VWL1-MicroExamWS11-12.doc

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

EoC Chapter 5
questions 1 IN class

           
9 May

EoC Chapter 5

3
4
5
6
7
8
 

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
 6 June

Each team please presents their case and their basic learnings in 5-10 minutes

Bundeskartellamt - Control of abusive practices - Ban on cartels
Information brochure: Effective cartel prosecution - Benefits for the economy and consumers - Leniency Programme

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
-> Microeconomics WS 05/06 EFA 3 (English) (90 min)

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


 
Hochschule Bremen
Fakultät Wirtschaftswissenschaften
VWL und Statistik