Foundations of Economics (ILV)

Course numberB3.00000.10.060
Course codeGVWL
Semester of degree program Semester 1
Mode of delivery Presencecourse
ECTS credits3,0
Language of instruction German

The aim of the course is to give a basic introduction to the economic analysis and evaluation of the behavior and decision-making of individual economic actors. Students gain a general knowledge of economic relationships and principles as a basis for economic issues. They acquire the ability to recognize and represent economic relationships and may include a clear idea of ??supply and demand and different situations of different stakeholders incentive markets. This includes the computation of market equilibria and elasticities.

Gegenstand der VWL Grundlagen des ökonomischen Denkens Die Marktkräfte von Angebot und Nachfrage Elastizitäten Konsumenten- und Produzentenrente Produktions- und Kostenfunktionen Marktformen und Unternehmensverhalten