Stud.IP Uni Oldenburg
University of Oldenburg
30.11.2023 18:58:24
wir120 - Microeconomic Theory (Complete module description)
Original version English PDF download
Module label Microeconomic Theory
Module abbreviation wir120
Credit points 6.0 KP
Workload 180 h
Institute directory Department of Business Administration, Economics and Law (Business Administration and Business Education)
Applicability of the module
  • Bachelor's Programme Business Administration and Law (Bachelor) > Aufbaubereich Wirtschaftswissenschaften
  • Bachelor's Programme Economics and Business Administration (Bachelor) > Aufbaumodule
  • Bachelor's Programme Sustainability Economics (Bachelor) > Grundlagen-/Basiscurriculum
  • Dual-Subject Bachelor's Programme Economics and Business Administration (Bachelor) > Aufbaumodule
Responsible persons
  • Lehrenden, Die im Modul (Prüfungsberechtigt)
  • Helm, Carsten (module responsibility)
  • Rahmeier Seyffarth, Anelise (Module counselling)
  • Rüb, Daniel (Module counselling)
  • Lehrenden, Die im Modul (Module counselling)
Skills to be acquired in this module
• understand the relevance of microeconomics as a method for analysing economic interactions and for understanding the behaviour of typical agents,
• are proficient in microeconomics at an intermediate level, and can put microeconomic issues in the context of scientific discussions,
• can apply microeconomic methods and critically question them,
• can exchange themselves in teams about microeconomic problems, develop solutions together, and can put them forward in the scientific debate.
Module contents
  • definition und description of microeconomics
  • household theory (budget, preferences, utility, optimal consumption plan, demand)
  • theory of the firm (technology, costs, profit maximization, supply)
  • markets (perfect competition, monopoly, oligopoly)
  • market failure (external effects, public goods, asymmetric information)
  • game theory and behavioural economics
Recommended reading
Varian, H. (2016), Grundzüge der Mikroökonomik, Oldenbourg Verlag, München. Pindyck, R. S. und D. L. Rubinfeld (2013): Mikroökonomie, Pearson Verlag. Stocker, F. (2013): Spaß mit Mikro: Praktische Mikroökonomik für (ver)zweifelnde Studierende, Oldenbourg Verlag, Münschen.
Language of instruction German
Duration (semesters) 1 Semester
Module frequency jährlich
Module capacity unlimited
Reference text
The module consists of a lecture and a tutorial. In the lecture the content of the module is presented. In the tutorial, these topics are discussed and practiced by means of exercises.
Module level
Type of module
Teaching/Learning method
Previous knowledge
Type of course Comment SWS Frequency Workload of compulsory attendance
Lecture 3 -- 42
Tutorial 1 14
Total module attendance time 56 h
Examination Examination times Type of examination
Final exam of module
at the end of the semester
Written exam; by solving the exercises in the tutorial, bonus points can be obtained