404005 PS Theory of Economic Decisions: Decisions and Strategies

summer semester 2023 | Last update: 04.04.2023 | Place course on memo list

Department:

Department of Public Finance

Instructor:

Dr. Florian Fridolin Kerzenmacher, +43 512 507 70309
Univ.-Prof. Dr. Heiner Schumacher, +43 512 507 70210

Course number:

404005

Title:

PS Theory of Economic Decisions: Decisions and Strategies

Type/hours:

PS 2

ECTS credits:

Module allocation(s):

Theorie ökonomischer Entscheidungen: Strategisches Verhalten

prerequisite(s):

Admission requirements: positive completion of the mandatory courses "Introduction to Management"referred to in § 6 (1-1) and "Introduction to Economics" referred to in § 6 (1-2)

Period:

weekly

Mode of repetition:

each semester

Language of instruction:

German

Learning Outcome:

This course builds on "Grundlagen der Volkswirtschaft" and extends the analysis to markets with imperfect competition (monopoly, oligopoly, product differentiation) and with informational asymmetries between buyers and sellers. In addition, the course offers an introduction to the following topics: game theory, behavioral economics, decision-making under uncertainty, and markets for risky assets.

Contents:

market structures (oligopoly, monopoly), informational asymmetries, game theory, behavioral economics, decision-making under uncertainty, and markets for risky assets.

Methods:

Presentation, participation of students, tests, teamwork, group-presentation

Assessment:

written, group-presentation

Literature:

Hal R. Varian - Grundzüge der Mikroökonomik (8. Auflage, München und Wien, Oldenbourg 2011)

Prerequisites:

see curricula

OLAT:

https://lms.uibk.ac.at/url/RepositoryEntry/5406785631

Start:

see dates

Sustainable development goals

SDG 1 - No poverty: End poverty in all its forms everywhere.
SDG 9 - Industry, Innovation, and Infrastructure: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.

Dates

Group 0	Export course dates of this group as iCalendar (.ics) Help
Date	Time	Location
Fri 2023-03-10	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-03-17	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-03-24	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-03-31	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-04-21	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-04-28	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-05-05	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-05-12	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-05-19	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-05-26	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-06-02	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-06-09	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-06-16	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-06-23	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free
Fri 2023-06-30	11.30 - 13.00	UR 1 (Sowi) UR 1 (Sowi)	Barrier-free