Learning Outcomes
Students shall be given the ability to
• understand and deepen basic concepts of micro- and macroeconomic theories
• apply those theories to economic policy issues
• understand government interventions in the market and their legitimation from the perspective of economic welfare
• learn how theory-based policy recommendations are derived

Content
• Intervention in the market: micro-economic perspective
• Intervention in the market: macroeconomic perspective
• Institutional economic aspects
• Economic policy and welfare economics
• Carriers of economic policy: political-economic aspects

Media
• lecture slides
• exercises

Literature
See announcements to the lecture