Course Contents
The course deals with: economic models, supply and demand, elasticities, consumer and producer rent, opportunity costs, marginal analysis, cost theory, utility maximization, macroeconomic indicators, long-run growth, aggregate supply and aggregate demand.

Literature
Krugman, P. und R. Wells (2017): Volkswirtschaftslehre. Stuttgart: Schäfer-Poeschel, 2. Auflage

Preconditions
None

Official Course Description
The course introduces into the principles of economics and its applications.

Semester: WT 2023/24