Microeconomics
A.A. 2020/2021
Obiettivi formativi
The course aims to provide students with the basic principles of Microeconomics, exposing them to rigorous albeit simple mathematical formalization of decision making processes, and with an exposure to the perspective of behavioral economics.
Risultati apprendimento attesi
Non definiti
Periodo: Terzo trimestre
Modalità di valutazione: Esame
Giudizio di valutazione: voto verbalizzato in trentesimi
Corso singolo
Questo insegnamento non può essere seguito come corso singolo. Puoi trovare gli insegnamenti disponibili consultando il catalogo corsi singoli.
Programma e organizzazione didattica
Edizione unica
Responsabile
Periodo
Terzo trimestre
Programma
Introduction. Thinking like an economist. Cost-Benefit Analysis (Ch.1)
Supply and Demand. (Ch.2)
Consumer choice: the budget constraint (Ch.4)
Consumer choice: Preferences (Ch.4)
Consumer choice: Utility maximization (Ch.4)
Individual Demand (Ch.5)
Income and substitution effect (Ch.5)
Elasticity (Ch.5)
Taxation, Consumer Surplus (Ch. 6)
Information (Ch. 7)
Choice under risk (Ch. 7)
Cognitive limitations and consumer behaviour (Ch. 9)
Introduction to Game TheoryOther regarding behaviour (Ch. 8)
Production, short and long run (Ch. 10)
Costs, short and long run (Ch. 11)
Relationship between cost curves (Ch. 11)
Profit maximization and market equilibrium in the short run (Ch. 12)
Adjustment in the long run (Ch. 12)
Monopoly (Ch. 13)
Price discrimination (Ch. 13)
Cournot Model (Ch. 14)
Bertrand Model, Collusion (Ch. 14)
Externalities (Ch. 18)
Supply and Demand. (Ch.2)
Consumer choice: the budget constraint (Ch.4)
Consumer choice: Preferences (Ch.4)
Consumer choice: Utility maximization (Ch.4)
Individual Demand (Ch.5)
Income and substitution effect (Ch.5)
Elasticity (Ch.5)
Taxation, Consumer Surplus (Ch. 6)
Information (Ch. 7)
Choice under risk (Ch. 7)
Cognitive limitations and consumer behaviour (Ch. 9)
Introduction to Game TheoryOther regarding behaviour (Ch. 8)
Production, short and long run (Ch. 10)
Costs, short and long run (Ch. 11)
Relationship between cost curves (Ch. 11)
Profit maximization and market equilibrium in the short run (Ch. 12)
Adjustment in the long run (Ch. 12)
Monopoly (Ch. 13)
Price discrimination (Ch. 13)
Cournot Model (Ch. 14)
Bertrand Model, Collusion (Ch. 14)
Externalities (Ch. 18)
Prerequisiti
A successful attendance of the course relies upon basic mathematical tools such as systems of linear equations. Knowledge of differential calculus though not mandatory is very useful.
Metodi didattici
Teaching consists in a theoretical part coupled with practical exercises and some experiments in class
Materiale di riferimento
Frank R. and E. Cartwright Microeconomics and Behaviour, 3rd Ed., McGraw Hill (2020)
Modalità di verifica dell’apprendimento e criteri di valutazione
Written exam
Docente/i