Fundamentals of Economics

Brief description

• Fundamentals of Economics • Market process • Division of labour • The market in action • Cartel and Monopoly • Labour market • Environmental policy and the allocative function of the state • Goals of Macroeconomics • Macroeconomic equilibrium • Unemployment • Stabilisation task of the state

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

• Bofinger, P. (2019): Grundzüge der Volkswirtschaftslehre: Eine Einführung in die Wissenschaft von Märkten, 5. Auflage, Pearson. • Pindyck, R. (2018): Mikroökonomie, 9. Auflage, Pearson. • Blanchard, O. (2017): Makroökonomie, 7. Auflage, Pearson.

Planned learning activities and teaching methods

Lecture, discussion, practical exercises

Assessment methods and criteria

• Exam method: written final exam (100%) • Assessment criteria: completeness, level of detail and complexity of answers, correctness of solutions and results, compliance with formal criteria

Prerequisites and co-requisites

-

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Part-Time

Academic year

2026

Semester

2 SS

Incoming

Yes

Learning outcome

After successful completion of the course students can • define the basic terms and concepts of micro- and macroeconomics • explain and classify macroeconomic interrelationships • explain and classify the effects of different economic policy measures • apply simple formal concepts and models of microeconomics and macroeconomics in practice.

Course code

0391-21-01-BB-DE-20