DE

Modul

Economic Policy I [M-WIWI-101668]

Credits
9
Recurrence
Jedes Semester
Duration
1 Semester
Language
German
Level
3
Version
9

Responsible

Organisation

  • KIT-Fakultät für Wirtschaftswissenschaften

Part of

Bricks

Identifier Name LP
T-WIWI-102739 Public Revenues 4.5
T-WIWI-103213 Basic Principles of Economic Policy 4.5
T-WIWI-100005 Competition in Networks 4.5
T-WIWI-109121 Macroeconomic Theory 4.5
T-WIWI-102908 Personnel Policies and Labor Market Institutions 4.5

Competence Certificate

The module examination takes place in the form of examinations (§4(2),1 SPO) of the selected partial module performance. The examination is carried out separately for each partial module and is described there. It is possible to repeat examinations at any regular examination date.

The grades of the partial module correspond to the grades of the passed examinations. The overall grade of the module is formed from the grades of the partial performances weighted with LP.

Competence Goal

Students shall be given the ability to

  • understand and deepen basic concepts of micro- and macroeconomic theories
  • apply those theories to economic policy issues
  • understand government interventions in the market and their legitimation from the perspective of economic welfare
  • learn how theory-based policy recommendations are derived

Prerequisites

The course "Introduction to Economic Policy" is mandatory in the module. 

Content

  • Intervention in the market: micro-economic perspective
  • Intervention in the market: macroeconomic perspective
  • Institutional economic aspects
  • Economic policy and welfare economics
  • Carriers of economic policy: political-economic aspects

Recommendation

Basic knowledge of micro- and macroeconomics is strongly recommended, as taught in the courses Economics I [2610012], and Economics II [2600014].

Workload

Total effort for 9 credit points: approx. 270 hours. The distribution is made according to the credit points of the courses of the module.