MICROECONOMICS

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Code
41126
ACADEMIC YEAR
2017/2018
CREDITS
9 credits during the 1st year of 8697 Business Administration (L-18) GENOVA

9 credits during the 1st year of 8698 Maritime, Logistics and Transport Economics and Business (L-18) GENOVA

9 credits during the 1st year of 8699 Economics (L-33) GENOVA

9 credits during the 1st year of 8698 Maritime, Logistics and Transport Economics and Business (L-18) GENOVA

9 credits during the 1st year of 8699 Economics (L-33) GENOVA

9 credits during the 3nd year of 8455 Philosophy (L-5) GENOVA

6 credits during the 2nd year of 8465 Philosophical Methods (LM-78) GENOVA

6 credits during the 1st year of 8465 Philosophical Methods (LM-78) GENOVA

9 credits during the 2nd year of 8465 Philosophical Methods (LM-78) GENOVA

9 credits during the 1st year of 8698 Maritime, Logistics and Transport Economics and Business (L-18) GENOVA

9 credits during the 1st year of 8699 Economics (L-33) GENOVA

9 credits during the 1st year of 8698 Maritime, Logistics and Transport Economics and Business (L-18) GENOVA

9 credits during the 1st year of 8699 Economics (L-33) GENOVA

SCIENTIFIC DISCIPLINARY SECTOR
SECS-P/01
LANGUAGE
Italian
TEACHING LOCATION
GENOVA (Business Administration)
semester
1° Semester
sectioning
This unit is divided into 4 sections:
Prerequisites
Prerequisites (for future units)
This unit is a prerequisite for:
  • Business Administration 8697 (coorte 2015/2016)
  • PUBLIC FINANCE - ECONOMICS OF TAXATION 64836
  • MACROECONOMICS 55648
  • ECONOMIC POLICY 64452
  • Business Administration 8697 (coorte 2017/2018)
  • PUBLIC FINANCE - ECONOMICS OF TAXATION 64836
  • MACROECONOMICS 55648
  • ECONOMIC POLICY 64452
  • Business Administration 8697 (coorte 2016/2017)
  • MACROECONOMICS 55648
  • ECONOMIC POLICY 64452
  • Maritime, Logistics and Transport Economics and Business 8698 (coorte 2016/2017)
  • TRANSPORT ECONOMICS 63739
  • Maritime, Logistics and Transport Economics and Business 8698 (coorte 2015/2016)
  • TRANSPORT ECONOMICS 63739
  • Maritime, Logistics and Transport Economics and Business 8698 (coorte 2017/2018)
  • TRANSPORT ECONOMICS 63739
  • Economics 8699 (coorte 2016/2017)
  • ECONOMETRICS 24615
  • ECONOMIC POLICY 60066
  • HEALTH ECONOMICS & POLICY 60069
  • PUBLIC FINANCE 60078
  • EU AND INTERNATIONAL ECONOMICS 63744
  • ENVIRONMENTAL ECONOMICS 64799
  • MARKET FORMS, PRICES, AND WAGES 64797
  • Economics 8699 (coorte 2017/2018)
  • ENVIRONMENTAL ECONOMICS 64799
  • HEALTH ECONOMICS & POLICY 60069
  • EU AND INTERNATIONAL ECONOMICS 63744
  • ECONOMETRICS 24615
  • MARKET FORMS, PRICES, AND WAGES 64797
  • PUBLIC FINANCE 60078
  • ECONOMIC POLICY 60066
  • Economics 8699 (coorte 2015/2016)
  • PUBLIC FINANCE 60078
  • ECONOMIC POLICY 60066
  • ENVIRONMENTAL ECONOMICS 64799
  • EU AND INTERNATIONAL ECONOMICS 63744
  • ECONOMETRICS 24615
  • MARKET FORMS, PRICES, AND WAGES 64797
  • HEALTH ECONOMICS & POLICY 60069
Teaching materials

AIMS AND CONTENT

LEARNING OUTCOMES

The course aims to provide the first elements for understanding the functioning of the economic system. Particular attention was paid to the study of the behavior of economic entities (consumers and businesses) and the analysis of the role of the market in the allocation process of resources.

TEACHING METHODS

Lectures

SYLLABUS/CONTENT

1. Scarcity and economics; The coordination of individual choices. The evolution of economic thought. The economic models.
2. The theory of consumer behavior. Price-consumption curve and income-consumption curve; individual demand and market demand. Elasticity and expenditure; introduction to behavioral economics.
3. Basic theory of the firm. Production and costs (long-run and short-run). Perfect competition: the individual and the market supply curve. The profit-maximisation hypothesis. The firm and the industry in the long run.
4 Factor demand and supply. Intertemporal choices and uncertainty choices.
5. Market power: monopoly, natural monopoly, product differentiation and monopolistic competition; price discrimination, duopoly (Cournot, Bertrand, Stackelberg). Collusion and prisoner dilemma; sequential games. Management theories. Oligopoly.
7. General equilibrium and welfare.
8. Asymmetric information (adverse selection and moral hazard), externalities, public goods.

 

RECOMMENDED READING/BIBLIOGRAPHY

Frank R H., Cartwright E., Microeconomics, last edition McGraw-Hill

TEACHERS AND EXAM BOARD

Office hours: http://www.economia.unige.it/index.php/il-dipartimento/personale/docenti-ad-economia/173-angela-testi

Office hours: Thursday: 2,30 pm

Office hours: Wednesday 10.30

Exam Board

ANGELA TESTI (President)

LUCA BELTRAMETTI

ANNA BOTTASSO

SERENA SCOTTO

LUCA BELTRAMETTI (President)

ANNA BOTTASSO

SERENA SCOTTO

ANGELA TESTI

SERENA SCOTTO (President)

LUCA BELTRAMETTI

ANNA BOTTASSO

ANGELA TESTI

ANNA BOTTASSO (President)

LUCA BELTRAMETTI

SERENA SCOTTO

ANGELA TESTI

LESSONS

TEACHING METHODS

Lectures

LESSONS START

September 2017

EXAMS

ASSESSMENT METHODS

Assessment

Written exam

Exam schedule

Date Time Location Type Notes
17/01/2018 10:30 GENOVA Scritto
31/01/2018 10:30 GENOVA Scritto
21/02/2018 10:30 GENOVA Scritto
20/06/2018 10:30 GENOVA Scritto
16/07/2018 10:30 GENOVA Scritto
11/09/2018 10:30 GENOVA Scritto
16/01/2018 10:30 GENOVA Scritto
30/01/2018 09:30 GENOVA Scritto
20/02/2018 10:30 GENOVA Scritto
05/06/2018 10:30 GENOVA Scritto
26/06/2018 10:30 GENOVA Scritto
11/09/2018 10:30 GENOVA Scritto
17/01/2018 10:30 GENOVA Scritto
31/01/2018 10:30 GENOVA Scritto
21/02/2018 10:30 GENOVA Scritto
20/06/2018 10:30 GENOVA Scritto
11/07/2018 10:30 GENOVA Scritto
11/09/2018 11:00 GENOVA Scritto
16/01/2018 10:30 GENOVA Scritto
30/01/2018 10:30 GENOVA Scritto
20/02/2018 10:30 GENOVA Scritto
08/06/2018 10:30 GENOVA Scritto
13/07/2018 10:30 GENOVA Scritto
11/09/2018 10:30 GENOVA Scritto