That's  me ;-)

Economics & Statistics

 Summer term 2021 - 30 June 2021
ECONOMICS I -- Introduction to Economics, Microeconomics -- BIM 2nd semester Summer Term 2021

This class takes place online via video conferences
You find the link to these video conferences in our AULIS group.

Basic Information

Literature:

Student Platforms Aulis & Kahoot:

Tentative schedule, may be subject to changes - also the presentation dates!
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)
presentations Unit - topics (Preliminary Schedule) Material
1
1

14 April

 

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
15 April
 

Introduction: Basic problems; economic systems

-> Homework for next week: see table below

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

3
2
21 April
 

Teamwork about Mankiws "Ten Principles of Economics" and
Basic problems; economic systems

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

5
3
28 April
  (PART B: FOUNDATIONS OF MICROECONOMICS 
2: Supply and demand
)

- "Wall Street" @ Wikipedia

6
3
29 April
  2: Supply and demand Topics of test 1 (preliminary): Introduction, basic questions, objectives (hierarchy of goals),
10 Principles of Economics, chapters 1 and 2 (as far as discussed)
you find an expample (pre-) test in AULIS
7
4
05 May
test 1

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
06 May
 

3: Markets in Action  
-> Elasticity

 
9
5
12 May

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

To access the databases you need a VPN connetion

-- " --

Presentation of the possibilities of the University Library: Econmics & Business Studies, Selected Resources - Faculty 1: International Business, Data Bases

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)

- EconLit
- Econbiz.de (see below)
- OECD iLibrary: http://www.oecd-ilibrary.org/
- Web of Science: http://isiknowledge.com/wos

RefWorks:
- RefWorks @ SuUB
- Youtube-Channel | http://www.youtube.com/user/ProQuestRefWorks
  Learn RefWorks
- Sharing and collaboration
Example from another class: Corrected Version of a Reference List

10
5
13 May
-- NO class --
-- national holiday --
-> EconBiz.de -- Find Economic Literature (Service des ZBW):
- Wissenschaftliche Literatur recherchieren und bewerten (pdf)
- Zitieren und Literaturverzeichnis (pdf Faltblatt)
- Video-Reihe Hausarbeit +02: Wie suche ich (wissenschaftliche) Information und Fachaufsätze? ...
- Guided Walk -
Deine erste (Haus)arbeit - Warum das hier wichtig ist (mit Selbsttests)
11
6
19 May

Pres. 3        

    NO  test 2
-> 26 May

3: Markets in Action   

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

12
6
20 May
4: Background to demand

-> Contents_of7th_edition_online-tests.doc
- EconomicsExamExamples_Micro.doc
- Econs1-Micro-MIDterm-Exam_SoSe18_30min

Topics of test 2 (preliminary): principles 1-8 of the 10 Principles of Economics, chapters 3 and 4 (subchapters discussed in class up to now)

 
 

Current

Issues

Joint Economic Forecasts (english)
----------------------------------------->
 

MEMORANDUM 2021
Corona – Lernen aus der Krise! Alternativen zur Wirtschaftspolitik

 On April 15 2021 the Joint Economic Forecast Spring 2021 was published:

Pandemic Delays Upswing – Demography Slows Growth

  

Press release with Summary with Key Forecast Figures

  

On Nov 11 2020 the Council of Economic Experts published its annual report 2020/21:

Overcoming the Coronavirus Crisis Together;
StrengtheningResilience and Growth

Weitere Infos zum Thema (in German):
- Übersicht: Konjunkturprognosen für Deutschland - Die Vorhersagen der Wirtschaftsschätzer (Tagesschau)
- https://www.tagesschau.de/wirtschaft/jahresgutachten-bundesregierung-101.html

13
7
26 May

Pres. 4

                   test 2

4: Background to demand The production process 
Functions of Competition
14
7
27 May
  5: Background to supply  
15
8
2 June
Pres. 5
              NO  test 3
-> 9 June
5: Background to supply

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

16
8
3 June

5: Background to supply

Topics of test 3: chapter 5 (subchapters discussed in class) and the parts of chapter 6 that have been discussed up to now + Elasticity (chapter 3.1)
17
9
9 June
Pres. 6 
                     test 3

5: Background to supply -> Profit Maximisation

 
18
9
10 June

Individual presentation: Deutsche TeleKom

 

 

 

 

 

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

 

 

Movie "A beautiful Mind" about John F. Nash:     "the best result will come if everyone does what is best for himself ... and the group"
In memoriam of John F. Nash
- 'Beautiful Mind' mathematician John Nash killed in crash
- Famed 'A Beautiful Mind' mathematician John Nash and his wife, killed in N.J. Turnpike crash

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

Topics of test 4 (preliminary):
chapters 6 (subchapters discussed in class up to now)

19
10
16 June

Pres. 7 
                      test 4

6: Profit maximising under perfect competition and monopoly

 

20
10
17 June
Pres. 8

8: Alternative theories of the firm

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?

21
11
23 June
 

(end of
6: Profit maximising under perfect competition and monopoly
)

7: Profit maximising under imperfect competition

Breakout sessions: research the tasks of the Bundeskartellamt:
  1. Merger control
  2. Ban on cartels
  3. Abuse control
  4. Competition Register
  5. Public procurement
  6. Consumer Protection
  7. Whistle-blower
  8. Leniency Programme

and briefly present the results in class (3 min / group)
22
11
24 June

Pres. 9                 

7: Profit maximising under imperfect competition -> Game Theory Topics of test 5 (preliminary):
chapters 6 to 7 (subchapters discussed in class up to now)
23
12
30 June
test 5

7: Profit maximising under imperfect competition -> Game Theory

9: The theory of distribution of income

(tasks of the Bundeskartellamt cont'd)
+ teamwork in Module Exercise

24
12
01 July
Pres. 10

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

 
25
13
07 July
Pres. 11

11: Markets, efficiency and the public interest

Preview Economics II (to be updated for 2021)
Please register for the presentations
26
13
08 July

Pres. 12

11: Markets, efficiency and the public interest
12: Environmental Policy

Topics of (final) test 6 (preliminary): 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 (will be discussed in class).

27
14
14 July

Individual presentation: Market Power of Companies

test 6

12: Environmental Policy

13: Governmental Policy towards Business

*** Evaluation ***

To review the content of the class, you can for example check:
(Contents_of7th_editionBIM_for_Test_of_30min.doc
-> EconomicsExamExamples_Micro.doc
28
14
15 July
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:
Houses:

Date:

 

All students / photos

Albatraoz Bravo Crucio Dauerstramm Echo Foxtrot
 

Names of students / pictures: 

Iliane
Jana
Kristina
Leandra
Nanella
Natalia
Sabina
Cihan
Clara
Malin
Melis
Nina
Sandra
Zoe
Melina
Samuel
Jonathan
Alex
Antonia
Tugce
Alexander
Calvin
Maiko
Mats
Nico
Yasemin
Bentje
Helen
Luisa
Marie
Martha
Paul
Ahmad
Elias
Niklas
Jascha
Laslo
week 1

presentation of Mankiws "Principles" & Obama text - presentation in class:
-> What's it about?
1)
Content: What is your principle / text about?
2) Own example for each principle

1-2
3-4
5-6
7-8
9-10
Obama
week 2

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
week 3

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 !!
12 May

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

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

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

team homework:
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.

We might discuss questions 13 from the EconomicsExamExamples_Micro.doc

           

26 May

-> briefly on 2 June

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. / 3. June

EoC Chapter 5
questions 1 IN class

3
4
5
6
7
8

9 / 16 June

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
30 June

Each team please presents their case and their basic learnings in 5-10 minutes
You may choose another case from the database if you find it more interesting

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 of vertical price fixing in the sale of beer Fines imposed on account of the resale price maintenance of roasted coffee products
no homework, we might do exercises in class

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