Economics
Volkswirtschaftslehre
6 CPSummerENFÜS
Contents
• Market forces of demand and supply • Markets, welfare and government intervention • Market failure and public policies • Costs of production and firms in competitive markets • Monopoly and oligopoly • Economics of labour markets • Externalities, Cost and Pigou • Economic analysis of environmental policy instruments • Risk and its regulation • Feed and tariffs • Economics of renewable and non-renewable resources
Learning outcomes
After successful completion of the module, students have an overview of economic approaches and methods and an understanding of how to apply these approaches to solve societal problems including problems of environmental and resource management.
Assessment
• Written exam, 80 min. (50%) • Presentation, 15 min. and hand-out (50%) Details announced in class. Whether the examination is done as presentation or as essay, is set at the beginning of the class.
Literature (3)
- Baumol, W.J., Blinder, A.S. (2012) Economics: Principles and Policies, 12th edition, South-Western Cengage Learning, Mason/Ohio.
- Mankiw, G.N., Taylor, M.P. (2010) Economics, South-Western Cengage Learning, Mason/Ohio.
- Endres, A. (2007): Umweltökonomie, 3. Auflage, Kohlhammer, Stuttgart.
Source: BTU's module description · retrieved 17 Oct 2026Original