ECONOMICS
I -- Introduction to Economics,
Microeconomics
-- BIM 2nd semester Summer
Term 2022
|
Basic Information
Literature
Student Platforms AULIS & Kahoot
Tentative
schedule, may
be subject to changes - also the presentation
dates! |
No | week |
date
(week) |
presentations | Unit - topics (Preliminary Schedule) | Material |
1 | 1 |
20
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) |
Organisational issues: schedule, assessments, online-learning |
|
2 | 1 |
21
April |
Introduction: Basic problems; economic systems -> Homework
for next week: see table
below |
- Hierarchy
of goals in market economies |
|
3 | 2 |
27 April | (no class, due to a faculty seminar)
Use the class time for your homework and PREPARE THE NEXT SESSION: |
+ Mankiw: "Problems and Applications" (see table below) Literature
Management System -> ZOTERO |
|
4 | 2 |
28 April |
We'll work with ZOTERO, please install the app and the Zotero Connector for your browser -> 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 to use - and quote correctly of course
- different sources about the basic approaches / assumptions of Economics.
|
Let's Have a look around at the SuUB: University Library: Econmics & Business Studies, Selected Resources - Faculty 1: International Business, Data Bases - EconLit ->
EconBiz.de -- Find
Economic Literature (Service des ZBW):
Don't forget to upload your expectations on time! (if you want to) |
5 | 3 |
4
May |
Teamwork about
Mankiws
"Ten Principles of Economics" and |
||
6 | 3 |
5
May |
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) |
7 | 4 |
11
May |
test 1 |
(PART B: FOUNDATIONS
OF MICROECONOMICS 2: Supply and demand) |
Topics
of test 1 (preliminary): Introduction, basic questions,
objectives (hierarchy of goals), |
8 | 4 |
12
May |
2: Supply and demand | Important: The test can only be taken IN CLASS (I'll take a participants list, please bring your student ID), if you take it from another place, it doesn't count |
|
9 | 5 |
18
May |
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 ! |
|
10 | 5 |
19
May |
3: Markets
in Action |
External links: Commodity and Food Elasticities from USDA |
|
11 | 6 |
25
May |
Pres. 3 test 2 |
3: Markets
in Action PART C: MICROECONOMICS |
Topics of test 2 (preliminary): principles 1-8 of the 10 Principles of Economics, chapters 3 (only 3.1 and 3.3) Examples of old written exams (different type and
longer than ours, just for your orientation about the topcis: |
12 | 6 |
26
May |
national holiday, no class | ||
>> | >> | >> |
Raus
aus dem Klimanotstand –
|
On 13 April 2022 the Joint Economic Forecast Autumn 2022 was published: From Pandemic to Energy Crisis: Economy and Politics under Stress |
On Nov 11 2021 the Council of Economic Experts published its annual report 2021/22: SHAPING THE TRANSFORMATION: EDUCATION, DIGITALISATION AND SUSTAINABILITY
Weitere Infos zum
Thema (in German): |
13 | 7 |
1
June - online - |
Pres. 4 |
4: Background to demand | |
14 | 7 |
2
June - online - |
5: Background to supply | The
production process Functions of Competition |
|
15 | 8 |
8
June - online - |
Pres. 5 test 3 |
5: Background to supply | (just a reminder:
there are many textbook-resources
available online) |
16 | 8 |
9
June - online - |
5: Background to supply |
Topics
of test 3: chapter 4 and 5 (subchapters discussed in class) |
|
17 | 9 |
15
June |
5: Background to
supply -> Profit Maximisation |
||
18 | 9 |
16
June |
|
5: Background to
supply -> Profit Maximisation
|
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" Topics
of test 4 (preliminary): |
19 | 10 |
22
June |
Pres.
7 |
6: Profit maximising under perfect competition and monopoly |
|
20 | 10 |
23
June |
Pres. 8 |
(end of
|
Bundeskartellamt
- Control
of abusive practices - Ban
on cartels |
21 | 11 |
29
June |
IA Homo Oeconomicus |
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 (2-3 min / group) |
22 | 11 |
30
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 |
6
July |
test
5 |
7:
Profit maximising under imperfect competition -> Game Theory |
(tasks of
the Bundeskartellamt
cont'd) *** Evaluation
*** |
24 | 12 |
7
July |
Pres. 10 |
8:
Alternative theories of the firm |
|
25 | 13 |
13
July |
Pres. 11 | Part
D Microeconomic Policy |
Preview
Economics II (to be updated for 2022) Please register for the presentations |
26 | 13 |
14
July |
Pres. 12 |
11: Markets, efficiency and the public interest |
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 |
20
July |
- online - |
12: Environmental Policy |
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 |
21
July |
- online - 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:
|
Ace
|
Bravo
|
Charlie
|
Delta
|
Eywa
|
Five
Guys
|
|
Names of students
/ pictures: |
Malin |
Martha Mathilda Can Larissa Lena P Franziska |
Stine
|
Lea Carla Mona Adriana Marlene Amin |
Athina Karen Kreschma Lena Anthony Bruno |
Thalia Hannah Fabian Ling Tugce Duchesse |
|
week 1 in class |
presentation
of Mankiws "Principles" & Obama
text - presentation in class: |
1-2 |
3-4 |
5-6 |
7-8 |
9-10 |
Obama |
week 2 in class |
+
literature
|
+
literature
|
+
literature
|
+
literature
|
+
literature
|
+
literature
|
|
week 3 | Mankiw: "Problems and Applications" |
Sloman
p 29 (End of chapter 1 questions) 5 and 6 + No 17 ONE example ! |
13-15 + No 17 ONE example ! |
10-12 + No 17 ONE example ! |
7-9 + No 17 ONE example ! |
4-6 + No 17 ONE example ! |
1-3 + No 17 ONE example ! |
week 4 (= 11 May) |
Mankiw:
"Problems and Applications" |
-"- No
17 ONE example ! |
No
17 ONE example ! |
No
17 ONE example ! |
No
17 ONE example ! |
No
17 ONE example ! |
|
week 5 | EoC Chapter 2 (=End Of Chapter questions of Sloman) And we might discuss question 12 (equilibrium in PC) from the EconomicsExamExamples_Micro.doc |
1 (recommended
to ALL students) |
2 |
4 |
3 and 5 |
6- and 8 |
7 (recommended
to ALL students) |
week 7 in class |
EoC Chapter 3 We might discuss questions 13 from the EconomicsExamExamples_Micro.doc |
1; 2-a |
3; 2-b |
3; 2-c |
4; 2-d |
5; 2-e |
6; 2-f |
EoC Chapter 5 |
3 |
4 |
5 |
6 |
7 |
8 |
|
EoC Chapter 6 we might do tasks
from: |
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 |
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 | |
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 |