Course teached as: - MICROECONOMIA 3-years First Cycle Degree (DM 270/04) in ECONOMICS AND TRADE
Teaching Language - Last names Q-Z
The course is taught in italian.
Course Content - Last names Q-Z
Consumer theory under certainty, and under risky conditions. Intertemporal choices. Production theory, costs minimization and profit maximizazion. Partial and general market equilibrium. Elements of game theory. Perfect and imperfect competitions. Price discrimination, externalities and public goods. Asymmetric information.
The course aims to provide basic conceptual and formal tools to acquire capabilities to "view" subjects in a human society in an economic exchange of goods and services. At the end of the course students should know how economic theory represents i) the choices of firms and consumers, also in the presence of uncertainty or strategic interaction; ii) the determination of prices and quantities on the basis of a specific market characteristics; iii) the main causes of market failures. The knowledge of such models should allow students to solve basic economic problems.
Prerequisites - Last names Q-Z
The analytical comprehension of the main economic models requires the knowledge of the basic concepts of mathematical analysis (e.g. derivatives, optimization methods). Attendance and, possibly, positive examination of the math course is recommended.
Teaching Methods - Last names Q-Z
The course includes lectures and exercises. Attendance of lectures should be accompanied by private study of texts and pratice of exercises.
Further information - Last names Q-Z
Attendance is reccommended.
Type of Assessment - Last names Q-Z
The assessment of students' learning entails both a written and an oral examination. In such examination the teacher evaluates th following skills: understanding, learning and ability to apply the main economic concepts, ability to make personal judgements on real economic facts. The final examination consists in a two-hours written test, and a short oral evaluation. In the written test there are: i) 2 open questions in which students should prove their ability in illustrating some of the main economic issues presented during the course; ii) 4 exercises in which students should prove their ability to solve some basic economic questions by means of the the main models presented during the course. If the score of the written test is in the interval 16-19, the oral examination is compulsory; the oral examination is compulsory also to achieve a final vote strictly higher than 28. In the other cases, the oral examination is optional, and it gives the students the possibility to improve (or to worsen) the score obtained in the written test.
Course program - Last names Q-Z
The detailed program corresponds to the whole index of the textbook with the exception of the following paragraphs: ch. 2.5; ch. 4.4; ch. 5.2.4, 5.3.2 and 5.7; ch. 11.7; ch. 12.6;ch. 13.1.6; ch. 14.3 and 14.4; ch. 15.4; ch. 16.5; ch. 18.