607.136 (20W) ECON 1: Microeconomics

Wintersemester 2020/21

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Erster Termin der LV
05.10.2020 12:00 - 14:00 ONLINE Off Campus
... keine weiteren Termine bekannt


Bedingt durch die COVID-19-Pandemie können kurzfristige Änderungen bei Lehrveranstaltungen und Prüfungen (z.B. Absage von Präsenz-Lehreveranstaltungen und Umstellung auf Online-Prüfungen) erforderlich sein.

Weitere Informationen zum Lehrbetrieb vor Ort finden Sie unter: https://www.aau.at/corona.
LV-Titel englisch
ECON 1: Microeconomics
Vorlesung-Kurs (prüfungsimmanente LV )
31 (24 max.)
mögliche Sprache/n der Leistungserbringung
zum Moodle-Kurs

Because of significant public health related uncertainty in the coming academic year, some or all aspects of the course, its contents, and the announced exam structure may change during the course.  All changes will be communicated during the lectures and posted on the Moodle course website.

Zeit und Ort

Beachten Sie bitte, dass sich aufgrund von COVID-19-Maßnahmen die derzeit angezeigten Termine noch ändern können.
Liste der Termine wird geladen...


Lehrmethodik inkl. Einsatz von eLearning-Tools

The lecture consists of two parts. In the lecture  the theoretical knowlegde - based on the course book - will be acquired. In the course part this knowledge will be deepend with practical examples. All courses are parallel and identical in their structure. 

For the practical part you have to prepare thegiven practical examples for every session, whereas 50 practical examples are given (10 topics with 5 questions each topic). Every example counts 0.6 credits a maximum of 30 credits can be reached. For special active participation,however, bonus credits can be gained.

If you have prepared the practical examples properly, then you need to tick the boxes at ZEUS until 4 p.m. the day before the next session. During the session the practical examples will be presented and explained by the students at the board. The students will be chosen randomly according to the ticked boxes in the ZEUS list. According to the random principle, a student who ticked the example the day before, is chosen to present. Each student should present at least 2 times during the semester depending on the group size.

If you are absent, or we recognize that you have not prepared the example or haven’t prepared the example on your own, you will get malus credits. The total amount of malus credits for the whole course are 10 credits. Therefore, please only tick the examples you have understood and prepared on your own. It is important that you can explain the examples and that you understand them. The understanding is the essential part for being marked.

It is no problem if you make small mistakes during your presentation because nobody is perfect. We recommend that you prepare all examples in the first sessions because at the beginning they are not that complex and it will help you to find your way into the topic from the beginning onwards.


Preliminary discussion, Administrative things,
Principles (Chapter 1)
Supply and demand; elasticities (Chapter 2)
Consumer behavior (Chapter 3)
Individual demand and market demand (Chapter 4)
Production (Chapter 6)
Production costs (Chapter 7)
Profit maximization and competitive offer (Chapter 8)
Analysis of competitive markets (Chapter 9)
Market power - Monopoly (Chapter 10)
Monopolistic competition & Oligopoly (Chapter 12)
Game Theory (Chapter 13)
Markets with asymmetric information (Chapter 17)


Pindyck, R. und Rubinfeld, D. (2013). Mikroökonomie. 8. aktualisierteAuflage. Pearson Studium: München.

The book can be found at the library.



Both course parts are evaluated separately. For passing the course, both, the theoretical part (Multiple Choice exam, consisting of 20 questions, each 4 credits; 80 credits total) as well as the practical part (elaboration and presentation of exercise examples with a total of 30 credits) and the passing of two partial exams with a maximum of 30 credits (each 15 credits). These two partial exams contribute to the half of the final grade.

For passing the course it is essential to read the relevant chapter(s) of the course book before each session.


The grading scheme for the lecture is the following: 

Credits      Grade

76 - 80        Sehr gut (A)

71 - 75        Gut (B)

64 - 70        Befriedigend (C)

56 - 63        Genügend (D)

00 - 55        Nicht genügend (E)

The online - exam will take place at the end of January.  You need to enroll yourself for the exam in ZEUS. If the theoretical part is not passed, there is a chance to retake the exam at the end of February.

Furthermore there will be two partial exams in the course part. Both exams consist of 3 examples with 5 credits each example. A maximum of 15 credits can be reached at each partial exam, which is a total of 30 credits for both exams. Together with the maximum of credits for the exercise credits you can reach a total of 60 credits in the practical part of the course.

Exam relevant chapters (and exercises) for the first partial exam are 1-6, for the second partial exam are chapters (and exercises) 7-12.

In order to pass the course part you need to have (i) at least 15 credits at the exercises and (ii) a total of 15 credits at both partial exams. The grading scheme for the course part is the following:

Credits      Grade

53 – 60       Sehr gut (A)

46 – 52       Gut (B)

38 – 45       Befriedigend (C)

30 – 37       Genügend (D)

00 – 29       Nicht genügend (E)

In case of failing of one of the two parts the course (lecture and practical part) must be attended again in another semester. (This is required by law)!

Your attendance will be checked in the practical part because attendance is mandatory in this course. You are allowed to miss two sessions. 


Note Benotungsschema

Position im Curriculum

  • Bachelorstudium Betriebswirtschaft (SKZ: 518, Version: 18W.1)
    • Fach: Volkswirtschaftslehre (Pflichtfach)
      • 3.2 Volkswirtschaftslehre II: Mikroökonomik ( 0.0h VC / 6.0 ECTS)
        • 607.136 ECON 1: Microeconomics (3.0h VC / 6.0 ECTS)
          Absolvierung im 2., 3. Semester empfohlen
  • Bachelorstudium Angewandte Betriebswirtschaft (SKZ: 518, Version: 14W.3)
    • Fach: Grundlagen der Volkswirtschaftslehre (Pflichtfach)
      • §9(1) Mikroökonomik ( 3.0h VC / 6.0 ECTS)
        • 607.136 ECON 1: Microeconomics (3.0h VC / 6.0 ECTS)
  • Bachelorstudium International Business and Economics (SKZ: 516, Version: 19W.1)
    • Fach: Principles of Economics (Pflichtfach)
      • 2.2 ECON 1: Microeconomics ( 0.0h VC / 6.0 ECTS)
        • 607.136 ECON 1: Microeconomics (3.0h VC / 6.0 ECTS)
          Absolvierung im 1., 2., 3. Semester empfohlen

Gleichwertige Lehrveranstaltungen im Sinne der Prüfungsantrittszählung

Wintersemester 2019/20
  • 607.136 VC ECON 1: Microeconomics (3.0h / 6.0ECTS)
Sommersemester 2019
  • 607.135 VC Microeconomics (3.0h / 6.0ECTS)
Wintersemester 2018/19
  • 607.135 VC Microeconomics (3.0h / 6.0ECTS)