701-0757-AAL Principles of Economics
|Semester||Autumn Semester 2016|
|Periodicity||every semester recurring course|
|Language of instruction||English|
|Comment||Enrolment ONLY for MSc students with a decree declaring this course unit as an additional admission requirement.|
Any other students (e.g. incoming exchange students, doctoral students) CANNOT enrol for this course unit.
|Abstract||Students understand basic microeconomics and macroeconomics problems and theories. They are able to argue along economic principles and to judge policy measures.|
|Objective||Students should be enabled to understand basic microeconomics and macroeconomics problems and theories. They should be able to argue along economic principles and to judge policy measures.|
|Content||Supply and demand behaviour of firm and households; market equilibrium and taxation; national income and indicators; inflation ; unemployment; growth; macroeconomics policies|
|Lecture notes||available on electronic platform|
|Literature||Mankiw, N.G.: "Principles of Economics", fourth edition, South-Western College/West, Mason 2006.|
German translation: Mankiw, N.G. : Grundzüge der Volkswirtschaftslehre, 3rd. edition, Stuttgart 2004.
|Prerequisites / Notice||electronic plattform|