DE

Modul

Introduction to Economics [M-WIWI-101398]

Credits
10
Recurrence
Jedes Semester
Duration
2 Semester
Language
Level
3
Version
1

Responsible

Organisation

  • KIT-Fakultät für Wirtschaftswissenschaften

Part of

Bricks

Identifier Name LP
T-WIWI-102709 Economics II: Macroeconomics 5
T-WIWI-102708 Economics I: Microeconomics 5

Competence Certificate

The assessment is carried out as partial written exams (according to Section 4(2), 1 of the examination regulation) of the single courses of this module. The assessment procedures of each course of this module is defined for each course separately.

Competence Goal

The student

  • knows and understands basic economic problems,
  • understands economic policy in globalized markets,
  • is able to develop elementary solution concepts.

The lectures of this module have different focuses: In Economics I, economic problems are seen as decision problems, Economics II treats the dynamics of economic processes.

Content

The basic concepts, methods and models of micro- and macroeconomics are treated. The course Economics I: Microeconomics [2600012] deals with micro-economic decision theory, questions of market theory and problems of imperfect competition and with basic principles of game theory and welfare economics. Economics II: Macroeconomics [2600014] discusses economic organization models and national accounts as well as the question of international trade and monetary policy. Furthermore, the complex growth, boom and economic speculations are dealed with.

Workload

See German version.