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Department of Business and Economics


Module: Module 5a: Economic Theory I
Lecturer: Prof. Dr. Lukas Buchheim
M. Sc. Gregor Jost
M. Sc. Tom Görges
Scope / Credits: 4 SWS / 7,5 Credits
Course type: Lecture, Exercise and Tutorial
Language: German
Date and place: Lecture:
Tuesday, 10 a.m. - 12 p.m., Audimax
Monday, 12 p.m. - 2 p.m., EF50 HS1
Wednesday (Teacher Training only), 4 p.m. - 6 p.m., Chemie HS1
Thursday, 2 p.m. - 4 p.m., HG2 HS1
Beginning: April 9, 2024
Exam: Written exam

Contents overview

Microeconomics is considered as the theory of individual economic behavior. This course will give you an introduction to this subject, which includes the following subjects:

  1. Conceptual Introduction
  2. Supply and demand
  3. Markets and market equilibrium
  4. Demand theory: Households and consumers
  5. Production theory
  6. Costs and cost theory
  7. Supply theory: Monopoly and perfect competition
  8. General equilibrium


Students acquire basic systemic knowledge of microeconomic concepts and the theory of markets as instruments of goods allocation.

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