CODE 80438 ACADEMIC YEAR 2019/2020 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 The course provides the theoretical foundations explaining the existence of firms. It also provides 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) SILVANO CINCOTTI SILVIA MASSA LINDA MADDALENA PONTA STEFANIA TESTA (President Substitute) LESSONS Class schedule BUSINESS CULTURE EXAMS EXAM DESCRIPTION Oral examination + evaluation of business game practice Exam schedule Data appello Orario Luogo Degree type Note 14/01/2020 11:00 SAVONA Orale 19/02/2020 15:00 SAVONA Orale 17/06/2020 10:00 SAVONA Orale 14/07/2020 15:00 SAVONA Orale 30/07/2020 15:00 SAVONA Orale 16/09/2020 15:00 SAVONA Orale FURTHER INFORMATION Pre-requisites : None
