CODE 80438 ACADEMIC YEAR 2018/2019 CREDITS 6 cfu anno 3 INGEGNERIA INDUSTRIALE E GESTIONALE 9921 (L-9) - SAVONA SCIENTIFIC DISCIPLINARY SECTOR ING-IND/35 LANGUAGE Italian TEACHING LOCATION SAVONA SEMESTER 2° Semester TEACHING MATERIALS AULAWEB AIMS AND CONTENT LEARNING OUTCOMES Knowledge of theoretical foundations explaining the existence of firms. Knowledge and understanding of the economic model of the firm and of the market context where it operates TEACHING METHODS Lectures and practice SYLLABUS/CONTENT Why do firms exist? Theory of production: technology; total, average and marginal costs Demand; demand elasticity; total, average and marginal revenues Market types and allocative efficiency: perfect competition vs market power (oligopoly, monopoly) Informational asymmetries and market failures Economics of transaction costs and the theory of the firm Introduction to corporate finance: evaluation of investments Business game RECOMMENDED READING/BIBLIOGRAPHY Main book: D.M. Kreps, Microeconomia per Manager, Egea (2005) Optional Reading List: D. Laise, La Natura dell’Impresa Capitalistica, Egea (2015) W. Elsner, T. Heinrich, H. Schwardt, The Microeconomics of Complex Economies, Academic Press (2015) TEACHERS AND EXAM BOARD MARCO RABERTO Exam Board MARCO RABERTO (President) SILVIA MASSA LINDA MADDALENA PONTA STEFANIA TESTA LESSONS Class schedule BUSINESS CULTURE EXAMS EXAM DESCRIPTION Oral examination + evaluation of business game practice Exam schedule Data appello Orario Luogo Degree type Note 15/01/2019 10:00 SAVONA Orale 14/02/2019 10:00 SAVONA Orale 10/06/2019 14:00 SAVONA Orale 19/06/2019 10:00 SAVONA Orale 16/07/2019 10:00 SAVONA Orale 18/09/2019 10:00 SAVONA Orale FURTHER INFORMATION Pre-requisites : None
