During Christmas time, there are many of these Christkindl Märkte, or Christmas Markets , including the large Tollwood, but also smaller markets, where you can buy Christmas biscuits (Lebkuchen), souvenirs, and the typical Glühwein. Although pronounced glue-vine, it is mainly hot red wine with spices and different (secret) flavouring.
Münchner Freiheit — There is an artisan market at the subway stop in Schwabing.
Marienplatz — A bigger market, very commercial, it stretches across the shopping street, so you can mix Christmas market shopping (and eating) with "normal" shopping. If you walk south towards Sendlinger Tor, you'll reach more traditional woodcarvers' stands.
Chinesischer Turm at Englischer Garten has a nice Christmas market in a pretty park surrounding. Highly recommended if there's snow! It can conveniently be reached from U/Bus station Münchner Freiheit on the Bus 54, which has a stop Chinesischer Turm.
Wittelsbacher Platz — Close to Odeonsplatz, there is a medieval Christmas market where you can buy medieval clothes, food and drinks, swords / bows, and arrows and watch the performances of medieval dances and music.
Residence courtyard — A Christmas town with fairytale stories for kids.
Christkindltram — A Christmas tram that runs only during Advent through the city center every half an hour (departure is from Sendlingertor). The tram is nicely decorated, where people can enjoy Christmas songs and mulled wine (Glühwein). One-way ticket costs €1.50