That's  me ;-)

Economics & Statistics

 Summer term 2022- 1 July 2022
ECONOMICS I -- Introduction to Economics, Microeconomics -- BIM 2nd semester Summer Term 2022

Basic Information

  • The assessment of this class is a Learning Portfolio; click HERE for the Assessment. ("Learning Portfolio")
  • Case Studis / presentations:
  • If you want to present an Individual Assessment it has to be proposed not later than 25 June 2022
  • Teamwork:
    • Houses = 6 teams (of ~ 6 people) -> House Cup (Kahoot quizzes), teamwork in module exercises (see 2nd table below)
    • Presentation groups (~10) groups of 3-4 students presenting a case study about one of the (sub) chapters

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

Organisational issues: schedule, assessments, online-learning

Welcome.ppt
"Basic Concepts"
Economics @ Wikipedia
!

2
1
21 April
 

Introduction: Basic problems; economic systems

-> Homework for next week: see table below

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

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
- Links Link Uni Bremen, Studytools
- Quick start guide (German)
- Zotero Tutorial (video)
Important: -> please install the Zotero app
and the Zotero Connector for your browser !!

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.
They have to be academic sources!
(There is not one correct answer. Hopefully the groups find different sources, so all can learn about those)

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):
- 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)
- OECD iLibrary: http://www.oecd-ilibrary.org/
- Web of Science: http://isiknowledge.com/wos

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
Basic problems; economic systems

- "Wall Street" @ Wikipedia
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),
10 Principles of Economics, chapter 1 and 2 (as far as discussed).
You find an expample (pre-) test in AULIS

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  
-> Elasticity

External links:
Commodity and Food Elasticities from USDA
11
6
25 May

Pres. 3        

    test 2

3: Markets in Action   

PART C: MICROECONOMICS
4: Background to demand

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

12
6
26 May    
national holiday, no class    
>> >>
>>

MEMO-
RANDUM 2022

Raus aus dem Klimanotstand –
Ideen für den Umbruch

 

/ Joint Economic Forecasts

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

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) and the parts of chapter 6 that have been discussed up to now + Elasticity (chapter 3.1)
17
9
15 June
Pres. 6 

5: Background to supply -> Profit Maximisation

 
18
9
16 June

 

 

 

 

 

 

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 5 and 6 (subchapters discussed in class up to now)

19
10
22 June

Pres. 7 
                   test 4
 

6: Profit maximising under perfect competition and monopoly

 

20
10
23 June
Pres. 8

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

7: Profit maximising under imperfect competition

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
29 June

 

 

 

IA Homo Oeconomicus

7: Profit maximising under imperfect competition -> Game Theory

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
30 June

Pres. 9                 

8: Alternative theories of the firm

Topics of test 5 (preliminary):
chapters 6 to 7 (subchapters discussed in class up to now)
23
12
6 July
                  test 5

9: The theory of distribution of income

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

24
12
7 July
Pres. 10

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

*** Evaluation ***
25
13
13 July
Pres. 11

11: Markets, efficiency and the public interest

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
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
20 July

    - online -
                      test 6

12: Environmental Policy

13: Governmental Policy towards Business

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:


Please prepare:

Houses:

All students

Ace
Bravo
Charlie
Delta
Eywa
Five Guys
 

Names of students / pictures: 

Malin
Juan
Jonathan
Marie
Mara

Martha
Mathilda
Can
Larissa
Lena P
Franziska

Stine
Julia
Miriam
Lea
Deborah
Carlos

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:
-> 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

in class

+ Practise to use literature-databases (EconBiz, 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 literature management system.

+ literature
research

 

+ literature
research

 

+ literature
research

 

+ literature
research

 

+ literature
research

 

+ literature
research

 

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"
-> those who didn't present up to now

-"-  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
+ 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
 

EoC Chapter 5
questions 1 IN class

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
 

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
 

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