APPLIED MICROECONOMICS
OBIETTIVI E CONTENUTI
OBIETTIVI FORMATIVI
The objective of the course is to provide the theoretical instruments which allow students to understand the rationale of microeconomic choices made apart and in strategic interaction frameworks by economic agents. Students will learn how to solve optimization problems (free and constrained) which will be applied to consumer and firm theory. Economic choices when strategic interaction is present will be analyzed with the game theory approach.
OBIETTIVI FORMATIVI (DETTAGLIO) E RISULTATI DI APPRENDIMENTO
Learning Outcomes |
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Modalità didattiche
Teaching method |
Lectures |
Aulaweb |
Yes ☐ No ☐ |
Lectures
PROGRAMMA/CONTENUTO
Introduction. Mathematical tools: static optimization (free and bounded) techniques.
Part I. Firm theory.
Technology and the production function, cost minimization, optimal production, firm response functions, comparative statics, long run choices, multiproduct firms.
Part II. Market Structure.
Perfect competition in the short and long run, monopoly theory, price discrimination, monopolistic competition.
Part III. Strategic Interaction.
Game theory, Nash equilibrium, sub-game perfect Nash equilibrium, sequential games, repeated games, Folk theorem, Oligopoly theory: Cournot, Bertrand, Stackelberg, collusion and entry deterrence.
Part IV: Consumption theory.
Utility theory, primal and dual approach, response functions, comparative statics, consumer welfare, compensative and equivalent variation, consumer surplus.
TESTI/BIBLIOGRAFIA
F. Cowell “Microeconomics”, Oxford University Press. (Program details will be posted on Aulaweb) |
DOCENTI E COMMISSIONI
Ricevimento: mercoledi ore 10.30
Commissione d'esame
ANNA BOTTASSO (Presidente)
GABRIELE CARDULLO
LEZIONI
Modalità didattiche
Teaching method |
Lectures |
Aulaweb |
Yes ☐ No ☐ |
Lectures
INIZIO LEZIONI
Term: 1°
ESAMI
Modalità di accertamento
Assesment method |
Exam ☒ written ☐ oral |
Resit |
No limits. |
Calendario appelli
Data | Ora | Luogo | Tipologia | Note |
---|---|---|---|---|
31/05/2021 | 10:30 | GENOVA | Scritto | |
14/06/2021 | 10:30 | GENOVA | Scritto | |
02/07/2021 | 10:30 | GENOVA | Scritto | |
08/09/2021 | 10:30 | GENOVA | Scritto |
ALTRE INFORMAZIONI
Prerequisites |
Basic Microeconomics.
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Learning Outcomes |
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Duties |
Attendance is not compulsory but encouraged |