MICROECONOMICS
9 credits during the 3nd year of 8455 Philosophy (L-5) GENOVA
9 credits during the 2nd year of 8465 Philosophical Methods (LM-78) 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 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
- Business Administration 8697 (coorte 2018/2019)
- ECONOMIC POLICY 64452
- MACROECONOMICS 55648
- Business Administration 8697 (coorte 2017/2018)
- ECONOMIC POLICY 64452
- PUBLIC FINANCE - ECONOMICS OF TAXATION 64836
- MACROECONOMICS 55648
- Business Administration 8697 (coorte 2016/2017)
- ECONOMIC POLICY 64452
- MACROECONOMICS 55648
- Maritime, Logistics and Transport Economics and Business 8698 (coorte 2018/2019)
- TRANSPORT ECONOMICS 63739
- MACROECONOMICS 55648
- Maritime, Logistics and Transport Economics and Business 8698 (coorte 2016/2017)
- TRANSPORT ECONOMICS 63739
- Maritime, Logistics and Transport Economics and Business 8698 (coorte 2017/2018)
- TRANSPORT ECONOMICS 63739
- Economics 8699 (coorte 2017/2018)
- PUBLIC FINANCE 60078
- ECONOMIC POLICY 60066
- MARKET FORMS, PRICES, AND WAGES 64797
- ECONOMETRICS 24615
- EU AND INTERNATIONAL ECONOMICS 63744
- HEALTH ECONOMICS & POLICY 60069
- ENVIRONMENTAL ECONOMICS 64799
- Economics 8699 (coorte 2018/2019)
- MACROECONOMICS 55648
- ECONOMIC POLICY 60066
- MARKET FORMS, PRICES, AND WAGES 64797
- Economics 8699 (coorte 2016/2017)
- MARKET FORMS, PRICES, AND WAGES 64797
- ENVIRONMENTAL ECONOMICS 64799
- EU AND INTERNATIONAL ECONOMICS 63744
- PUBLIC FINANCE 60078
- HEALTH ECONOMICS & POLICY 60069
- ECONOMIC POLICY 60066
- ECONOMETRICS 24615
OVERVIEW
Microeconomics provides basics for understanding the functioning of the economic system. Particular attention is paid to the study of the behavior of consumers and firms and the analysis of the role of the market in the resources allocation process.
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., Microeconomia, McGraw-Hill, VII edizione
TEACHERS AND EXAM BOARD
Ricevimento: Wednesday 10.30
Exam Board
ANNA BOTTASSO (President)
ANGELA TESTI
SERENA SCOTTO
LUCA BELTRAMETTI
LESSONS
Teaching methods
Lectures
LESSONS START
September 2019
EXAMS
Assessment methods
Assessment |
Written exam |
FURTHER INFORMATION
Attendance is recommended. Registration in the Unige learning platform Aulaweb is recommended