That's  me ;-)

Economics & Statistics

 Summer term 2020 - 7 April 2020
ECONOMICS I -- Introduction to Economics, Microeconomics -- BIM 2nd semester Summer Term 2020

Due to the Corona crisis the university is closed at least until April 19th.
Also this class cannot be taught in the university building.

That is why it takes place online via video conferences
You find the link to these video conferences in our AULIS group.

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 20 May 2020

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
11 March 2020  

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
  <----

Organisational issues: schedule, assessments, online-learning

Welcome.ppt
"Basic Concepts"
Economics @ Wikipedia
!

2
1
12 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 March 26: see table below

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

3
2
18 March
 

Basic problems; economic systems

Don't forget to upload your expectations in time! (if you want to do so)
4
2
19 March   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
  <----
 
5
3
25 March   PART A: INTRODUCTION
1: Introducing economics
      Economic systems
      Objectives of economic policy and political systems.

Presentations:

Please use the online resources, tests and case studies on the Sloman webpage (see above)

6
3
26 March   PART A: INTRODUCTION
1: Introducing economics
      Economic systems
      Objectives of economic policy and political systems.
- "Wall Street" @ Wikipedia
7
4

01 April

now we
follow
the chapter
(numbers)
of Sloman:

(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 registrations.    Please welcome guest (international) students into your teams !

8
4
02 April  

2: Supply and demand

 
9
5
15 April


3: Markets in Action   
-> Elasticity

PART C: MICROECONOMICS
4: Background to demand

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
10
5
16 April

(date to be confirmed)

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

 
 
 

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
22 April Pres. 2

PART C: MICROECONOMICS
4: Background to demand

 

12
6
23 April Pres. 3 4: Background to demand (just a reminder: there are many textbook-resources available online)
13
7

29 April

  Review / Repetition and questions - chapters 1-4 (and Mankiw)
YOUR questions
 
14
7
30 April Pres. 4 5: Background to supply The production process 
Functions of Competition
15
8

06 May


                           Midterm Test (30 minutes)

5: Background to supply

Topics of Midtern: will be discussed in class (review to 2019: 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
-> Econs1-Micro-MIDterm-Exam_SoSe18_30min

(Contents_of7th_edition.doc) 

16
8
07 May Pres. 5

5: Background to supply -> Profit Maximisation 
6: Overview: perfect competition, monopoly an other market structures

 

17
9

13 May

6: Profit maximising under perfect competition and monopoly

 

18
9
14 May  Pres. 6

6: Profit maximising under perfect competition and monopoly

 
19
10
20 May   7: Profit maximising under imperfect competition  
20
10
21 May  Pres. 7

7: Profit maximising under imperfect competition
                                                                               
Evaluation

 
21
11
27 May

 

7: Profit maximising under imperfect competition -> Game Theory 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
28 May Pres. 8

7: Profit maximising under imperfect competition -> Game Theory

Review marktet structures

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"

23
12
03 June   9: The theory of distribution of income

 

24
12
04 June

Pres. 9

9: The theory of distribution of income

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
10 June  

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

Evaluation 

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

26
13
11 June Pres. 10

11: Markets, efficiency and the public interest

 
27
14
17 June     Pres. 11

12: Environmental Policy

 
28
14
18 June

Pres. 12

(guest lecturer: Prof. Dr. Carlos Sanchez, Universidad de Granada)

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

24 June

 

 

                                    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
25 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: 

Carolin
Yannick
Sara
Laura L.
Lisa E.
Mert
Davronbek

Laura K.
Lara
Kira
Annalena
Arisa
Petchpraew
Julia
Lisa L.
Jasna
Nadine
Rebekka
Nurbek

Charlotte
Marcel
Simon
Lennart
Jonathan
Matze
Joschka
Felix
Viktoria
Luise
Miruna
Marie
Katja
Marcella
Meike
Imke
Floriane
Isabel
Maria
Yvanna
Thursday, 12 March 2020
(start Wednesday 11 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

19 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
26 March

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 !!
...

EASTER BREAK

           
16 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.

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)
23 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
30 April

Review of last weeks' literature search

EoC Chapter 5
questions 1 IN class

           
7 May

EoC Chapter 5

3
4
5
6
7
8
14 May

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
 

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