International Business Studies FT
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Fundamentals of Economics

level of course unit

first cycle, Bachelor

Learning outcomes of course unit

Students will:
know the key concepts of microeconomics;
be able to classify current economic developments according to microeconomics principles;
be able to analyze real behavior of economic entities against a microeconomic backdrop.

prerequisites and co-requisites

not specified

course contents

Introduction to Microeconomics. The course covers the theoretical concepts and models necessary for analyzing microeconomic phenomena. These concepts and models will provide students with a basic understanding of the opportunities for political action, as well as of other current topics.

recommended or required reading

Bofinger, P.: Grundzüge der Volkswirtschaftslehre. München, 2003.
Krugman, P., Wells, R.: Volkswirtschaftslehre. Stuttgart, 2010.
Samuelson, Paul A. and William D. Nordhaus: Economics. 19th ed., Boston, 2009.

assessment methods and criteria

Written exam and/or scientific paper and/or presentation

language of instruction


number of ECTS credits allocated


course-hours-per-week (chw)


planned learning activities and teaching methods

Lecture, group work, presentation and task discussion

semester/trimester when the course unit is delivered


name of lecturer(s)

Prof. (FH) Brent Kigner, PhD

year of study

1st year

recommended optional program components

not specified

course unit code


type of course unit


mode of delivery

In-class course

work placement(s)

not applicable