CODE 41126 ACADEMIC YEAR 2021/2022 CREDITS 9 cfu anno 1 ECONOMIA AZIENDALE 8697 (L-18) - GENOVA 9 cfu anno 1 ECONOMIA E COMMERCIO 8699 (L-33) - GENOVA 9 cfu anno 1 METODOLOGIE FILOSOFICHE 8465 (LM-78) - GENOVA 6 cfu anno 2 METODOLOGIE FILOSOFICHE 8465 (LM-78) - GENOVA 9 cfu anno 2 METODOLOGIE FILOSOFICHE 8465 (LM-78) - GENOVA 9 cfu anno 1 ECONOMIA DELLE AZIENDE MARITTIME, LOGISTICA E TRASP. 8698 (L-18) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/01 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 1° Semester SECTIONING Questo insegnamento è diviso nelle seguenti frazioni: A B C D PREREQUISITES Propedeuticità in uscita Questo insegnamento è propedeutico per gli insegnamenti: Business Administration 8697 (coorte 2021/2022) PUBLIC FINANCE - ECONOMICS OF TAXATION 64836 Business Administration 8697 (coorte 2021/2022) ECONOMIC POLICY 64452 Business Administration 8697 (coorte 2021/2022) MACROECONOMICS 55648 Business Administration 8697 (coorte 2020/2021) ECONOMIC POLICY 64452 Business Administration 8697 (coorte 2020/2021) MACROECONOMICS 55648 Business Administration 8697 (coorte 2020/2021) PUBLIC FINANCE - ECONOMICS OF TAXATION 64836 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2021/2022) TRANSPORT ECONOMICS 63739 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2021/2022) MACROECONOMICS 55648 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2020/2021) TRANSPORT ECONOMICS 63739 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2020/2021) MACROECONOMICS 55648 Economics 8699 (coorte 2020/2021) ECONOMIC POLICY 60066 Economics 8699 (coorte 2020/2021) MACROECONOMICS 55648 Economics 8699 (coorte 2020/2021) LABOUR ECONOMICS 64797 Economics 8699 (coorte 2021/2022) MACROECONOMICS 55648 Economics 8699 (coorte 2021/2022) ECONOMIC POLICY 60066 Economics 8699 (coorte 2021/2022) MARKET FORMS, PRICES, AND WAGES 64797 TEACHING MATERIALS AULAWEB 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 is paid to the study of the behavior of economic actors (consumers and firms) and the analysis of the role of the market in the resources allocation process. 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 ANGELA TESTI Ricevimento: Tuesday 10,30 during the lessons period (Dipartimento di Economia, Via Vivaldi 2, Darsena) or sending a mail to testi@economia.unige.it for other days or during the other periods. Exam Board ANGELA TESTI (President) LUCA BELTRAMETTI ANNA BOTTASSO SERENA SCOTTO LESSONS LESSONS START September 2019 Class schedule MICROECONOMICS A EXAMS ASSESSMENT METHODS Assessment Written exam Exam schedule Data appello Orario Luogo Degree type Note 14/01/2022 10:30 GENOVA Scritto 28/01/2022 10:30 GENOVA Scritto 11/02/2022 10:30 GENOVA Scritto 10/06/2022 10:30 GENOVA Scritto 27/06/2022 10:30 GENOVA Scritto 11/07/2022 10:30 GENOVA Scritto 09/09/2022 10:30 GENOVA Scritto FURTHER INFORMATION Attendance is recommended. Registration in the Unige learning platform Aulaweb is recommended