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Introduction to Microeconomics
Einführung in die Mikroökonomie
Last Updated: 2026-06-03 00:07:19
Abstract
The course introduces basic principles, problems and approaches of microeconomics. It describes economic decisions of households and firms, and their coordination through perfectly competitive markets.
Objective
Students acquire a deeper understanding of basic microeconomic models. They acquire the ability to apply these models in the interpretation of real world economic contexts. Students acquire a reflective and contextual knowledge on how societies use scarce resources to produce goods and services and distribute them among themselves.
Content
Market, budget constraint, preferences, utility function, utility maximisation, demand, technology, profit function, cost minimisation, cost functions, perfect competition, information and communication technologies
Resources
Lecture Notes
Course material in e-learning environmenthttps://moodle-app2.let.ethz.ch/auth/shibboleth/login.php
Literature
Varian, Hal R. (2014), Intermediate Microeconomics, W.W. Norton
General Information
- Language
- German
- Levels
- BSC , DS , DR , MSC
- Frequency
- Yearly recurring
Examination
- Type
- session examination
- Mode
- written 60 minutes
- Aids
- Nicht programmierbarer Taschenrechner
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture with exercise | Einführung in die Mikroökonomie | No time listed | 2 h weekly |
Offered In
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Science in Perspective (In “Science in Perspective”-courses students learn to reflect on ETH’s STEM subjects from the perspective of humanities, political and social sciences. Only the courses listed below will be recognized as "Science in Perspective" courses.)
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Type A: Enhancement of Reflection Competence (SiP courses are recommended for bachelor students after their first-year examination and for all master- or doctoral students. All SiP courses are listed in Type A. Courses listed under Type B are only recommendations for enrollment for specific departments.)
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Type B: Reflection About Subject-Specific Methods and Contents (Subject-specific courses. Particularly relevant for students interested in those subjects. All these courses are also listed under the category “Typ A”, and every student can enroll in these courses.)
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Electives (This is only a small selection. Other courses from the ETH course catalogue may be chosen. Please consult the "Richtlinien zu Projekten, Praktika, Seminare" (German only), ).)
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Economics, Law and Management Electives (These subjects are particularly suitable for students planning to apply to the Master's Degree Program in Energy Science and Technology (MSc EST) or Management, Technology and Economics (MSc MTEC).)
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Management, Technology and Economics (General Courses) (In the section "general courses", lectures are listed which are offered by the D-MTEC as service lectures for students not belonging to D-MTEC.)