Mathias Beck: Catalogue data in Autumn Semester 2018

Name Dr. Mathias Beck
KOF FB Innovationsökonomik
ETH Zürich, LEE F 125
Leonhardstrasse 21
8092 Zürich
Telephone+41 44 632 29 46
DepartmentManagement, Technology, and Economics

363-1109-00LIntroduction to Microeconomics3 credits2GM. Wörter, M. Beck
AbstractThe course introduces basic principles, problems and approaches of microeconomics. It describes economic decisions of households and firms, and their coordination through perfectly competitive markets.
ObjectiveStudents acquire a deeper understanding of basic microeconomic models.

They acquire the ability to apply these models in the interpretation of real world economic contexts.

Students acquire a reflective and contextual knowledge on how societies use scarce resources to produce goods and services and distribute them among themselves.
ContentMarket, budget constraint, preferences, utility function, utility maximisation, demand, technology, profit function, cost minimisation, cost functions, perfect competition, information and communication technologies
Lecture notesCourse material in e-learning environment
LiteratureVarian, Hal R. (2014), Intermediate Microeconomics, W.W. Norton
Prerequisites / NoticeThis course "Einführung in die Mikroökonomie“ (363-1109-00L) is intended for Bachelor students and LE 363-0503-00 "Principles of Microeconomics" for Master students.