Hello and thanks very much for the helpful replies.
Thanks to a suggestion from Steffen Gebert I found the (first) issue to be a default MySQL setting of "skip-networking"
described further here (in case anyone else has the same problem)
http colon // ecmarchitect.com/archives/2013/05/31/1830
(sorry wont let me post links .. maybe someone with privelidges can edit this ?)
Then I also had to use Loek's suggestion to replace "localhost" with
"127.0.0.1" in the install tool user interface.
After that (phew :-) I was able to install and setup typo3 locally.
Thanks again and Best Wishes
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