That's  me ;-)

Economics & Statistics

 Winter term 2022/23 - 18 January 2023
ECONOMICS I -- Introduction to Economics, National Accounting and Microeconomics -- EFA 3rd semester WS 2022/23

Basic Information

  • The assessment is a Learning Portfolio. Please klick here for more information about the Assessment and its parts,
    The tests take place at the end of the second block = Wednesday 13:00 (available until 13:30, work-time 20 minutes)
    .
    Please download the Reader 2022
  • Please recall: We formed 4 houses for the house cup (Kahoots) and groupwork in Module exercises and 4-6 teams presenting a case study about one chapter.
  • Klick HERE for further information about the presentation
    - please recall that we discussed how to find academic literature last semester: at the library databases like - EconLit, the OECD iLibrary, the Web of Science - also helpful is EconBiz at the ZBW. (VPN needed)!
    - this semester, the evaluation (grade) of the presentation will focus especially on this and on the discussions you start and moderate during or after your presentation.
  • If you want to present an Individual Assessment it has to be proposed not later than 19 December.

Literature

Interactive Participation

Preliminary schedule:

7th. ed.:

No week date: presentation Unit - topics (Preliminary Schedule) Additional information Material
!
all Current public debates about economic Policy Issues

On Nov 9 2022 the Council of Economic Experts published its annual report 2022/23:

Managing the energy crisis in solidarity, shaping the new reality

Weitere Infos zum Thema (in German):
- Übersicht: Konjunkturprognosen für Deutschland - Die Vorhersagen der Wirtschaftsschätzer (Tagesschau)

Joint Economic Forecasts (english)

 On 29 September 2022 the Joint Economic Forecast Autumn 2022 was published:

Joint Economic Forecast Autumn 2022: Energy Crisis: Inflation, Recession, Welfare Loss

1
1

18 Oct

 

Introduction: Basic problems

(In classs: Teamwork (houses) about Mankiws "Ten Principles of Economics" &
Part from B. Obama "The Audacity of Hope" (p. 176-184)

(ggf. Einstieg auf Deutsch mit EFA-Themen:
- eure Fragen
- Studienkommission
- Symposium
- wer noch nicht hat, bitte an der unverbindlichen Vor-Abfrage für die Auslandsstandort 2022/23 teilnehmen, Danke).

Reader 2022

- Welcome.ppt
- "Basic Concepts"
- Economics @ Wikipedia
 
- Social market economy (explainity® explainer video)

2
1
19 Oct  

PART A: INTRODUCTION
Mankiws "Ten Principles of Economics" 
1: Introducing economics
Economic systems
Objectives of economic policy and political systems.
 

read 10 principles,
prepare tasks for ME (=Module Exercise)

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

- See also the
quotations of T. Friedman

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

3
2
25 Oct (no pres. 1)

Outlook to Part D:
Foundations of Macroeconomics

14 The National Economy
National Accounting, Concepts (and Critiques) of GDP 

in ME part (see table below):
houses' Solutions to the "Problems and Applications"
about Mankiws "Ten Principles of Economics"
-> please upload your documents to AULIS

We'll briefly finish the 10 principles of Economics that everyone has read!             => please review the Miro Board

Feel free to prepare questions!


Afterwards we are going to address the objectives / Hierarchy of goals in market economies and compare economic systems (chapter 1 of Sloman)

Review: Academic Literature & Library
- EconLit
- Econbiz.de
- OECD iLibrary: http://www.oecd-ilibrary.org/
- Web of Science: http://isiknowledge.com/wos
To access the databases you need a VPN connetion

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

4
2
27 Oct  

Houses please prepare:
Presentation methods and strategies
(What makes a good presentation?)

 

14 The National Economy
National Accounting, Concepts (and Critiques) of GDP 

 

We are going to discuss chapter 14
=> please read 14.1 and 14.2 in our book.

Watch the following screencasts:
- The circular flow of income

We'll discuss 14.2 the circular flow of income in class and derive the the (three ways of) measurment of the GDP (14.3)

German National Accounting @DeStatis: Important economic indicators & publications
- current figures: "GERMAN ECONOMY (previous) quarter"
- National Accounts at a glance

- GDP to NNY and summary of National Income accounting

- Eurostat with National Accounts
- Economic indicators at the OECD
- OECD iLibrary - The OECD's Online Library of Statistical Databases, Books and Periodicals (accessible from the campus net - or via VPN) OECD-report: „How's Life? 2020: Measuring Well-being

5
3
1 Nov

(no class due to faculty meeting)

=> use the class time to take an alternative view on Economics. The links to the right will help you ++ prepare the presentation topic assigned below in the module exercise table

Critiques of GDP:

SUSTAINABILITY
of the economic development

Global goals for sustainable development
-> German federal Government

 

+++ OECD Centre +++
----------------------------------------------
- How's Life? 2020: Measuring Well-being
- How`s Life? -- Germany
- OECD Better Life Index (map)


Degrowth (Postwachstumsökonomie)

Today we'll discuss National Accounting (GDP, ...) and afterwards are going to ask ourselves:

Is GDP really an apt measure of Welfare
...quality of life, sustainable development ...?

ECG Economy for the Common Good (GWÖ):
- What if the common good was the goal of the economy? | Christian Felber | TEDxVienna
- How can countries measure the well-being of their citizens? (TED institute)

Doughnut Economics (Ways to Think Like a 21st-Century Economist)
- Why it's time for 'Doughnut Economics' | Kate Raworth | TEDx
- www.kateraworth.com/
- Re-Writing (Neo-Liberal) Economics

Other aspects of Economic theory:
Watch the following screencasts and if needed find more information in the text (book, chapter 14):
- Economic growth and the production possibility curve
- Economic growth and the business cycle

- What if the common good was the goal of the economy? | Christian Felber | TEDxVienna (ME s.b.)

- How can countries measure the well-being of their citizens? (TED institute)

"Monitoring economic performance, quality of life and sustainability" by the German Council of Economic Experts in association with the french Council of Economic Analysis - Joint Report 2010 requested by the Franco-German Ministerial Council to Chancellor Mrs. Angela Merkel and french President Nicolas Sarkozy (deutsche Übersetzung: Wirtschaftsleistung, Lebensqualität und Nachhaltigkeit: Ein umfassendes Indikatorensystem). This report (and request) was based on the ...
-> Report of the commission on the measurement of economic performance et social progress 2009
- Joseph Stiglitz - Problems with GDP as an Economic Barometer
- Amartya Sen: Beyond GDP, measures of welfare and sustainability (2/7 ..)

The German Statistical Office (DeStatis) publishes Environmental indicators and also an "Indicator Report - Sustainable Development in Germany" + "Indicator Report 2021: Sustainable Development in Germany",

OECD: "Beyond GDP" Joseph E. STIGLITZ, Jean-Paul FITOUSSIand Martine DURAND

6
3
3 Nov

 


15 Macroeconomic Issues and Analysis: an Overview

Balance of Payments:
- Current German BoP (German)
- OECD Stats

- Aggregate demand and supply and the price level
- Demand-pull and cost-push inflation
- Exchange rates

German balance of payments in 2020: Please read page 17 (18) and the "Major items of the balance of payments" p. 29/30

 Topics of our first test

• Mankiw principles 1-7, esp. the
Economic dogmata / Different viewpoints: Neo-Liberal <> Interventionists
Hierarchy of goals in (social) market economies

• Chapter 14: Definitions about GDP, components
   * MC in the presentation
   * Simple calculation of GDP

Basic ideas of ECG and Doughnut Economics
7
4
8 Nov

today: your presentations of Alternative Economic approaches
-> please upload to AULIS

 

test 1

The tests take place at the end of the second block = 13:00 (available until 13:30, work-time 20 minutes)

15 Macroeconomic Issues and Analysis: an Overview

Unemployment:
- Employment@DeStatis A
- ILO B

Price Stability
- Measuring inflation – the Harmonised Index of Consumer Prices (HICP) (ECB)
C
- Price Kaleidoscope (DeStatis) D

Balance of Payments:
- Current German BoP (German) E
- OECD Stats F

- Aggregate demand and supply and the price level
- Demand-pull and cost-push inflation
- Exchange rates

German balance of payments in 2019: Please read page 17 and the "Major items of the balance of payments" p. 28

Review Introduction and National Accounting -
YOUR questions
8
4
10 Nov   

-- " --

PART B: FOUNDATIONS OF MICROECONOMICS

2: Supply and demand (2.1 and 2.2)

(team work during module exercise;
please work on the topics assigned in row 6

It's not about a comprehensive presentation of the topics, but you are invited to tell the class about issues _you_ find interesting)

(just a reminder: there are many textbook-resources available online) --> Link to chapter 2

9
5
15 Nov  

PART B: FOUNDATIONS OF MICROECONOMICS

2: Supply and demand (2.1 and 2.2)

The Demand Curve
Shifts in the Demand Curve
The Supply Curve
Shifts in the Supply Curve

 
10
5
17 Nov   2: Supply and demand   - The Market Equilibrium

11
6
22 Nov

(no test, postponed to next week)

3: Markets in Action -> Elasticity

- Elasticity: Introduction (mp4)
- Elasticity: Measuring price elasticity of demand by the arc method (mp4)
please note that in the arc method we do NOT use the midpoint, but the START value (=before the price change)!

- Elasticity: Demand and consumer expenditure (mp4)
- Elasticity: Measuring elasticity by the point method (mp4)

 
12
6
24 Nov

no class as
24. - 25. ALL EFA students have to attend the ->
EFA-Symposium

(no Pres. 2)

3: Markets in Action -> Elasticity (we will not dicuss supply elasticities explicitely, but this video might be helpful anyway
- Elasticity: Price elasticity of supply (mp4)

- Elasticity: Price elasticity and time (mp4))
- Incidence of taxation: The effect of indirect taxes on market price and quantity (mp4)
- Incidence of taxation: Elasticity and the incidence of taxation (mp4)
24. - 25. ALL EFA students have to attend the ->
EFA-Symposium
13
7
29 Nov

class is ONLINE, Zoom-link in AULIS

 

13:00-13:30
          test 2

(no Pres. 3)

3: Markets in Action -> Elasticity
(in the ME we might do task 13 from the
EconomicsExamExamples_Micro.doc)

 - Speculation (mp4)
(we will not dicuss agriculture explicitely, but these 2 videos might be helpful anyway
- Agriculture: The justification for intervention in agricultural markets (mp4)
- Agriculture: Intervention in agricultural markets (mp4))

- Utility analysis: Utility (mp3)
- Utility analysis: Utility and consumer surplus (mp3)
(Note: There are interesting videos about Indifference analysis which we are only going to discuss briefly)

Topics of test 2:
Objectives (as summarized in the “Hierarchy of goals”
-> Magic square -> Calculations of unemployment rate
Sustainability:
• Recommendations of the Stiglitz-report
• ECG (Economy of the common good)
Chapter 2 (Sloman) (chapter 2.1 and 2.2)

External links:
ERS Glossary,  Price Elasticity of Demand, Income Elasticity, Excel-File with empirically measured Elasticities (xls 13 MB, zip 1,3 MB) from Defra

14
7

1 Dec

class is ONLINE, Zoom-link in AULIS

  

3: Markets in Action -> Elasticity

PART C: MICROECONOMICS
4: Background to demand

Please watch the relevant videos ("Audio animations") in the textbook resources of our book (-> chapter 5)

Topics of our third test       (to be discussed)

• chapter 2 complete
• chapter 3.1 (=elasticity!)

15
8

6 Dec

(no Pres. 4)

 test 3

4: Background to demand

5: Background to supply
    5.1 -> 5.2 Production -> Costs
    ... - 5.5 Costs and Revenue 

Please watch the relevant videos ("Audio animations") in the textbook resources of our book 

 

 

16
8

8 Dec

         

5: Background to supply
    5.2 - 5.5 Costs and Revenue

Please watch the relevant videos ("Audio animations") in the textbook resources of our book   
17
9
     13 Dec  Pres. 5

5: Background to supply
    5.6 Profit Maximization

Please watch the relevant videos ("Audio animations") in the textbook resources of our book:
- Perfect competition: Introduction
- Perfect competition: Short-run supply curve of the firm under perfect competition
- Perfect competition: The industry supply curve under perfect competition

The production process 

 

Review of old exams

18
9
15 Dec    6: Profit maximising under perfect competition and monopoly

Please watch the relevant videos ("Audio animations") in the textbook resources of our book:
- Perfect competition: Long-run equilibrim under perfect competition
- Perfect competition: Long-run industry supply curve under perfect competition
- Monopoly: Monopoly demand

 

Topics of our test 4
chapter 3.3
• chapter 4.1: marginal and total utility and 4.3 Risk & Insurance
• chapter 5: all parts that we discussed: 5.1 (PP), 5.2 (costs), 5.5 (revenue), 5.5 (profit) but without the computation of the profit

19
10
       20 Dec

Pres. 6

test 4

6: Profit maximising under perfect competition and monopoly

Please watch the relevant videos ("Audio animations") in the textbook resources of our book
- Monopolistic competition
- Monopolistic competition: long-run equilibrium
- Oligopoly
 
20
10
22 Dec    6: Profit maximising under perfect competition and monopoly

Please watch the relevant videos ("Audio animations") in the textbook resources of our book
- Oligopoly: Dominant firm price leadership
- Oligopoly: Assumptions about rivalsí behaviour: the Cournot model
- Oligopoly: Assumptions about rivalsí behaviour: The kinked demand curve theory

... and why not enjoy: Deck the Halls with Macro Follies
21
11

10 Jan

HAPPY
new Year
2023
!

Pres. 7

7: Profit maximising under imperfect competition

Please watch the relevant videos ("Audio animations") in the textbook resources of our book
- Game theory
- Price discrimination

- Movie "A beautiful Mind" about John F. Nash
  Scene from the movie - Nash finding his idea
- The Prisoners' Dilemma
- "Split or Steal" and "From Stealing to Trust"

Bundeskartellamt - Control of abusive practices - Ban on cartels
Information brochure: Effective cartel prosecution - Benefits for the economy and consumers
Examples: 1) do you like a coffee? 2) Bundesliga 3) cars & steel 4) Deutsche Bahn AG to make changes to ticket sales

22
11
12 Jan   

 

7: Profit maximising under imperfect competition
       Oligopoly -> Game Theory

 Review / Repetition and questions - chapters 4-7 (and also 1 (Mankiw) - 3)

Topics of our test 5

• chapter 6:
     6.1 (overview)
     6.2 PC: assumptions, profit maximizing quantity
            advantages and disadvantages

     6.3 Monopoly           
            (qm, pm, Cournot Point)

23
12
17 Jan

(no Pres. 8)

-> Evaluation:
Please participate
!

test 5

(7) ... imperfect competition - Oligopoly -> Game Theory

 Please watch the relevant videos ("Audio animations") in the textbook resources of our book  
24
12
19 Jan

 

(7) ... imperfect competition -
Oligopoly -> Game Theory

 

 

8: Alternative theories of the firm

----------------------------------->

 

 

- Movie "A beautiful Mind" about John F. Nash
  Scene from the movie - Nash finding his idea
- The Prisoners' Dilemma
- "Split or Steal" and "From Stealing to Trust"

Bundeskartellamt - Control of abusive practices - Ban on cartels
Information brochure: Effective cartel prosecution - Benefits for the economy and consumers
Examples: 1) do you like a coffee? 2) Bundesliga 3) cars & steel 4) Deutsche Bahn AG to make changes to ticket sales

25
13
24 Jan

Pres. 9

(no Pres. 10)

 

9: The theory of distribution of income

Please watch the relevant videos ("Audio animations") in the textbook resources of our book

 
26
13
26 Jan

 

(no Pres. 11)

10: Inequality, poverty and policies to redistribute incomes

Please watch the relevant videos ("Audio animations") in the textbook resources of our book

 Topics of our test 6:
• whole chapter 6 incl.  6.3 Monopoly (Welfare effects)
• parts of chapter 7 thru 10 that have been discussed in class
• general review: principal objectives of this class. Welfare: measurement and discussion at different topics of the class

27
14
31 Jan

Pres. 12

test 6

11: Markets, efficiency and the public interest  Please watch the relevant videos ("Audio animations") in the textbook resources of our book

The German Statistical Office (DeStatis) publishes Environmental indicators e.g.:
- Sustainable development indicators @ Destatis
- SDG-Indikators @ Destatis
- OECD Better Life Index

We discussed the topics for the exam in class. The resulting file "Contents_of7th_edition EFA Micro.doc" will be available in our AULIS group.
Review: (Contents_of7th_editionEFA_Final2017_30min.doc)
 

28
14
2 Feb

 

(no Pres. 13)

Really maximizing the Well-Being of all:

"The Economy of the common good"

12. Environmental Policy

Review, questions + outlook:
Review of old exams

13. Government Policy towards Business

Review and conclusion + YOUR questions
Exam preparation - summary and questions

 Please watch the relevant videos ("Audio animations") in the textbook resources of our book

 Some Videos "Fight of the Century" / Fear the boom and the bust
- "Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
- Fight of the Century: Keynes vs. Hayek Round Two
and more information like "The Tale of the Dueling Economists".
Texts of the videos

Videos about economic approaches: "60 Second Adventures in Economics" (Open University)

review 2019

Climate change

Critiques of GDP:
ECG

 

Global #WeekForFuture #ClimateStrike
Climate week 25-29 November 2019
Global Strike 4 Future - November 29, 2019
(Germany: Tagesschau or Vorlesungen zum Klimaschutz an der Alanus Hochschule)

Planetary Emergency Plan (Club of Rome)

19 The Relationship between the Money and Goods Markets 

WTO:
- Carbon Pricing (World Bank), Carbon Pricing
- State and Trends of Carbon Pricing 2019
-
Report of the high-level commission on carbon prices

Economy for the Common Good
A Common Standard for a Pluralist World?
International Conference at Hochschule Bremen: Programme

 

The "Module Exercise" takes place every week <45-90 minutes every week integrated into our class on Mondays > We formed 6 HOUSES which are assigned tasks for the next session and is expected to present the results (=prepared as joint homework)
The module exercise is part of your individual workload, it isn't marked and the lecturer won't deliver new information; 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"). At the end of the module exercise there is room for general questions about the topics, terms, ... .

The exercises discussed in the module exercise are relevant for the exam. 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 exam.

Houses:

Date:

 


All students

Alfa
Bravo
Charlie
Delta
 

Names of students:
please register in AULIS

Kunal
Tom W
Gina
Lasse
Fynn
Tomes
David
Timo
Tom N
Ole
Max
Kilian
Jenish
18 Oct (in class)

Mankiws "Principles" & - presentation in class:
-> What's it about?
-> own example

1-4
5-7
8-10
Obama text

please prepare for:

25 Oct

 

Mankiw: "Problems and Applications"
reminder: presentation by the houses (=homework) -> please upload your documents to AULIS

13-16

+ No. 17 ONE example !

9-12

+ No. 17 ONE example !

5-8

+ No. 17 ONE example !

1-4

+ No. 17 ONE example !


(t.b.a.)

Critiques of GDP - Measuring Sustainable Development

(See also the Joint Report for the
Franco-German Ministerial Council: "Monitoring economic performance,
quality of life and sustainability
"), esp. the dashboard on p. 27

In the Report of the "Stiglitz-Sen-Fitoussi commission" on the "Measurement of economic performance and social progress" (2009) the authors deliver 12 recommendations. Each house is requested to present a brief (~ 5-7 min.) summary of two recommendations -------->

In the Executive summary (p.7-18) each recommendation is described in one paragraph but you are also requested to refer to the more detailed part of the report or/and other sources.

1) Recommendations 1 - 3

2) Select one macroeconomic indicator of your choice and briefly present the development of this indicator on 1 or 2 slides (up to 5 minutes)

(each house should present for a maximum of 10 minutes)

1) Recommendations
4 - 6

2) Select one macroeconomic indicator of your choice and briefly present the development of this indicator on 1 or 2 slides (up to 5 minutes)

(each house should present for a maximum of 10 minutes)

1) Recommendations 7 - 9

2) Select one macroeconomic indicator of your choice and briefly present the development of this indicator on 1 or 2 slides (up to 5 minutes)

(each house should present for a maximum of 10 minutes)

1) Recommendations 10 - 12

2) Select one macroeconomic indicator of your choice and briefly present the development of this indicator on 1 or 2 slides (up to 5 minutes)

(each house should present for a maximum of 10 minutes)

House-Work during classtime on
01 November

(no class due to faculty meeting)

Prepare a 10 minutes presentation for next week

Discussion of the "Economy of the Common Good" approach
based on your research.
-> present and discuss the THREE most important issues from your viewpoint
- what are the functions of the CG balance?
- describe some firms, universities and/or commCG balances

What if the common good was the goal of the economy? | Christian Felber (TEDxVienna) [up to 12:45]

Reader pp 65 ff

Climate change and economic development.
e.g.:
- carbon taxes: how they work + their impact
- ideas of scientists / fridays / Economists ... for future

More information for example:

WTO:
- Carbon Pricing (World Bank), Carbon Pricing
- State and Trends of Carbon Pricing 2019
-
Report of the high-level commission on carbon prices


Doughnut Economics (Ways to Think Like a 21st-Century Economist)

- Why it's time for 'Doughnut Economics' | Kate Raworth | TEDx
- www.kateraworth.com/
- Re-Writing (Neo-Liberal) Economics

Reader pp 70 ff

Prepare the presentation of another alternative approach to Economics

You can chose one you find interesting - take the examples in row 5 above as examples / suggestions, but you are free to chose your own.

8 November:

Houses present the topics prepared last week

+ Teamwork IN class about exercises on chapter 14 and basics of economic policy:

Discussion of the "Economy of the Common Good" approach
based on your research.
-> present and discuss the THREE most important issues from your viewpoint
- what are the functions of the CG balance?
- describe some firms, universities and/or commCG balances

What if the common good was the goal of the economy? | Christian Felber (TEDxVienna) [up to 12:45]

Reader pp 65 ff

Climate change and economic development.
e.g.:
- carbon taxes: how they work + their impact
- ideas of scientists / fridays / Economists ... for future

More information for example:

WTO:
- Carbon Pricing (World Bank), Carbon Pricing
- State and Trends of Carbon Pricing 2019
-
Report of the high-level commission on carbon prices


Doughnut Economics (Ways to Think Like a 21st-Century Economist)

- Why it's time for 'Doughnut Economics' | Kate Raworth | TEDx
- www.kateraworth.com/
- Re-Writing (Neo-Liberal) Economics

Reader pp 70 ff

Prepare the presentation of another alternative approach to Economics

You can chose one you find interesting - take the examples in row 5 above as examples / suggestions, but you are free to chose your own.

15 Nov
(in class)


(GCEE)

Teamwork (houses):

  on Nov 9 2022 the Council of Economic Experts published its
annual report 2022/23:

Managing the energy crisis in solidarity, shaping the new reality

Which are from your point of view the most important messages of the report?

Use the press release as well as the Executive Summary as sources for your research

Energy Crisis and high Inflation Stable Economic and Monetary Union Structural change in Manufactoring Ensuring a skilled Workforce
22 Nov PRESENTATION of the topics above (report GCEE)        
29 Nov

EoC Chapter 2
(=End Of Chapter questions)

ALL students: 1, 2 and 7

3
4
5
6

6 December

together in class

we'll do task 4 of VWL1-MicroExamWS11-12.doc in class

EoC Chapter 3
all students task 2 !

3-1
3-4
3-5
3-6
  In class:
- 4.1 to 4.4
4-8
4-7
4-6
4-2, 4-4 - use (own) illustrations for your answer
 

EoC Chapter 5
ALL students: questions 1 & 2

3
4
5
6
  EoC Chapter 6
ALL students: question 1
2
3
4
5
  no homework, we'll do exercises from chapter 6, tasks: 2, 3, 6 and 8
Additionally we will discuss task 6 from the
Microeconomics WS 05/06 EFA 3 (90 min)
all houses should please prepare the tasks all houses should please prepare the tasks all houses should please prepare the tasks all houses should please prepare the tasks
NN no homework, we'll do exercises in class -> VWL1-MicroExamWS11-12.doc   all houses should please look at the whole exam - we'll roll the dice which house presents which task ;-) all houses should please look at the whole exam - we'll roll the dice which house presents which task ;-) all houses should please look at the whole exam - we'll roll the dice which house presents which task ;-) all houses should please look at the whole exam - we'll roll the dice which house presents which task ;-)
NN

Review of old exams

Example of a final test (30 min)

Review of old exams, e.g. the exam of Microeconomics WS 14/15      
NN YOUR questions        

 

Top

Links:

 Quotations form the book of Thomas Friedman: "The World is flat":
- For some, particularly among the older generations, this was an unwelcome transformation. Communism was a great system for making everyone equally poor. In fact, there was no better system in the world for that than Communism. Capitalism made people unequally rich, and for some who were used to the plodding, limited, but secure Socialist lifestyle--where a job, a house, an education, and a pension were all guaranteed, even if they were meager--the fall of the Berlin wall was deeply unsettling. (p. 51/52)
- ... to some degree Mikhail Gorbachev's hapless efforts to reform something that was unreformable brought communism to an end. But if I had to point to one factor as first among equals, it was the information revolution that began in the early- to mid-1980s. Totalitarian systems depend on a monopoly of information and force, and too much information started to slip through the Iron Curtain, thanks to the spread of fax machines, telephones, and other modern tools of communication. (p 54)

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Hochschule Bremen
Fachbereich Wirtschaft
VWL und Statistik