From 2 November 2020, the autumn semester 2020 will take place online. Exceptions: Courses that can only be carried out with on-site presence.
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701-0757-AAL  Principles of Economics

SemesterAutumn Semester 2018
LecturersR. Schubert
Periodicityevery semester recurring course
Language of instructionEnglish
CommentEnrolment 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.


AbstractStudents understand basic microeconomics and macroeconomics problems and theories. They are able to argue along economic principles and to judge policy measures.
ObjectiveStudents 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.
ContentSupply and demand behaviour of firm and households; market equilibrium and taxation; national income and indicators; inflation ; unemployment; growth; macroeconomics policies
Lecture notesavailable on electronic platform
LiteratureMankiw, 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 / Noticeelectronic plattform