Modul
Introduction to Economics [M-WIWI-101398]
Credits
10Recurrence
Jedes SemesterDuration
2 SemesterLanguage
Level
3Version
1Responsible
Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
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.