MICROECONOMICS
- Overview
- Assessment methods
- Learning objectives
- Contents
- Bibliography
- Teaching methods
- Contacts/Info
None
Students are evaluated according to a written exam.
It is possible to take the exam in two partial exams. Duration of each partial exam: 60 minutes. It is necessary to pass both exams.
Alternatively, students can choose to take a general exam at the end of the course. Duration of the general exam: 90 minutes.
GOALS AND LEARNING OUTCOMES
The Microeconomics course introduces the main concepts, tools, and theories for analyzing the decision making of economic agents (consumers and producers), and their interaction through markets, both competitive and non-competitive. The concept of economic efficiency provides a basis for the appraisal of market performance and government intervention. At the end of the course, the student will be able to understand the key features of economic decision making and the main problems concerning the functioning of markets.
COURSE CONTENT
The course addresses the following topics:
Consumer choice.
Intertemporal decision making.
Decision making under uncertainty.
Strategic decision making.
The theory of the firm: technology, costs and objectives.
The analysis of competitive markets: equilibrium, efficiency, intervention.
The analysis of non-competitive markets: monopoly.
Externalities
Asymmetric information.
B.D. Bernheim e M.D. Whinston, Microeconomia, third Italian edition edited by I. Moscati, MacGraw-Hill, Milano, 2016.
Slides and exercises provided by the instructors.
Lectures (80 hours)
In-class exercises (16 hours)
Additional teaching materials can be found in the e-learning webspace of the course.