Consumer theory under certainty, and under risky conditions. Production theory, and costs of the profit maximizing firm. Partial and general market equilibrium. Choices through time. Elements of game theory, and of market forms; perfect and imperfect competitions. Price discrimination, externalities and public goods.
Course Content - Last names D-L
Consumer theory under certainty, and under risky conditions. Production theory, and costs of the profit maximizing firm. Partial and general market equilibrium. Choices through time. Elements of game theory, and of market forms; perfect and imperfect competitions. Price discrimination, esternalities and public goods.
Course Content - Last names M-P
Consumer theory under certainty, and under risky conditions. Production theory, and costs of the profit maximizing firm. Partial and general market equilibrium. Choices through time. Elements of game theory, and of market forms; perfect and imperfect competitions. Price discrimination, externalities and public goods.
Course Content - Last names Q-Z
Consumer theory under certainty, and under risky conditions. Production theory, and costs of the profit maximizing firm. Partial and general market equilibrium. Choices through time. Elements of game theory, and of market forms; perfect and imperfect competitions. Price discrimination, externalities and public goods.
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 will have to know and be able to use economic models of choice representing the decision problems of firms and consumers, even in the presence of uncertainty or strategic interaction. Students will also have to know and be able to use models that try to explain the functioning of markets, price formation and the allocation of wellbeing among agents. Finally, students will have to know and be able to explain, even analytically, the main factors that cause inefficiencies in the functioning of markets.
Learning Objectives - Last names D-L
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. Arguments of the course include: consumer theory under certainty and under risky conditions; theory of productions of goods and services, and theory of costs of a profit miximizing firm; theory of equilibrium of market demand and supply; elements of game theory, and theories of imperfect competition and market forms; price discrimination, externalities, and public goods.
Learning Objectives - Last names M-P
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.
Learning Objectives - Last names Q-Z
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 A-C
For the analytical understanding of economic models, it is useful to know basic notions of mathematical analysis (e.g., derivatives, power operations, solution of optimization problems). Therefore, Attendance, and possibly positive examination of the maths course is reccommended.
Prerequisites - Last names D-L
Attendance, and possibly positive examination of the maths course is reccommended.
Prerequisites - Last names M-P
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.
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 A-C
Teaching is through lectures, including presentation of exercises. Attendance of lectures is to be accompanied by private study of texts and pratice of exercises.
Teaching Methods - Last names D-L
Teaching is through lectures, including presentation of exercises. Attendance of lectures is to be accompanied by private study of texts and pratice of exercizes.
Teaching Methods - Last names M-P
Teaching is through lectures, including presentation of exercises. Attendance of lectures is to be accompanied by private study of texts and pratice of exercises.
Teaching Methods - Last names Q-Z
Teaching is through lectures, including presentation of exercises. Attendance of lectures is to be accompanied by private study of texts and pratice of exercises.
Further information - Last names A-C
Attendance is reccommended.
Further information - Last names D-L
Attendance is reccommended.
Further information - Last names M-P
Attendance is recommended.
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Further information - Last names Q-Z
Attendance is reccommended.
Type of Assessment - Last names A-C
The exam consists of a 2-hour written exam followed by a short oral exam. In the written exam, students have to answer:
- 2 open questions aimed at verifying the understanding of the main economic issues, and the ability to expose them autonomously and exhaustively;
- 4 exercises aimed at verifying the ability to answer economic questions using the main models presented during the course, both analytically and graphically.
Type of Assessment - Last names D-L
Final examination consists in a written test, and a short oral evaluation. If the written test is evaluated with a score between 16 and 19, the oral examination is compulsory; the oral examination is compulsory also to achieve a final vote of more than 28. In the other cases, the oral examination is optional, and it gives the student the possibility to improve (or worsen) the score obtained in the written test.
Type of Assessment - Last names M-P
The exam consists of a 2-hour written exam followed by a short oral exam. In the written exam, students have to answer:
- 2 open questions aimed at verifying the understanding of the main economic issues, and the ability to expose them autonomously and exhaustively;
- 4 exercises aimed at verifying the ability to answer economic questions using the main models presented during the course, both analytically and graphically.
If the written test is evaluated with a score between 16 and 19, the oral examination is compulsory; the oral examination is compulsory also to achieve a final vote of more than 28. In the other cases, the oral examination is optional, and it gives the student the possibility to improve (or worsen) the score obtained in the written test.
Type of Assessment - Last names Q-Z
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 explaining some of the main economic issue 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 written test is evaluated with a score between 16 and 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 student the possibility to improve (or worsen) the score obtained in the written test.
Course program - Last names A-C
The detailed program can be found on the e-learning platform MOODLE.
The exercise-book: M.M. Cati, Eserciziario di Microeconomia, Esculapio ed., Bologna, i reccommended.
Supplementary didactical material provided by teachers during the course.
Course program - Last names M-P
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.
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.