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MICROECONOMICS

CODE 56962
ACADEMIC YEAR 2020/2021
CREDITS
  • 10 cfu during the 1st year of 8768 SCIENZE INTERNAZIONALI E DIPLOMATICHE (L-36) - GENOVA
    		•
    SCIENTIFIC DISCIPLINARY SECTOR SECS-P/01
    LANGUAGE Italian
    TEACHING LOCATION
  • GENOVA
    		•
    SEMESTER 2° Semester
    PREREQUISITES
    Prerequisites (for future units)
    This unit is a prerequisite for:
    • International and Diplomatic Sciences 8768 (coorte 2020/2021)
    • MACROECONOMICS 57133
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

    AIMS AND CONTENT

    LEARNING OUTCOMES

    Scope, field and methods of economics. Consumer behaviour, individual and market demand. Producer behaviour, individual and market supply. The equilibrium price and market structures. Market failure and government intervention.

    AIMS AND LEARNING OUTCOMES

    The Microeconomics course introduces the main issues of individual economic behaviour with a reference to consumers and firms, and the analysis of competitive and non-competitive markets. Presenting and discussing the different topics, through exercises and classes and through the discussion of actual cases, the student is able to understand many problems of the functioning of the markets. The course provides also the background to understand the aggregate models of the whole economy.

    PREREQUISITES

    Basic foundations of general mathematics

    TEACHING METHODS

     

    • Face-to-face lectures
    • In-class exercises
    • Individual assignments

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    SYLLABUS/CONTENT

    Introduction and Basic Principles

    Supply and Demand

    Market Efficiency and Government Policies

    Elasticities

    Production and Costs: short and long term

    Competitive Output

     Market Power: monopoly, Monopolistic Competition and oligopoly.

    Public Goods, Common Resources, Externalities, Asymmetric information.

    RECOMMENDED READING/BIBLIOGRAPHY

    F. Gazzo, Lezioni di Microeconomia, ultima edizione, ECIG Genova.

    Other material will be available on the "aula web".

    TEACHERS AND EXAM BOARD

    Exam Board

    ELENA SEGHEZZA (President)

    ARIANNA AIMAR

    ALESSIA BRUZZO

    LUIGI ODDO

    GIOVANNI BATTISTA PITTALUGA

    ANDREA VINDIGNI

    LESSONS

    LESSONS START

    First semester 17 september.

    Class schedule

    MICROECONOMICS

    EXAMS

    EXAM DESCRIPTION

    Students are evaluated according to a written and oral exam . 
    It is possible to take the exam in three partiaa exams, a partial exam and a final exam. In this case, it is necessary to pass both exams (at least 15/30). 
    Alternatively, students can choose to take a general exam at the end of the course.


     

    ASSESSMENT METHODS

    The exam aims to evaluate the student's preparation and his critical skills.

    Exam schedule

    Date Time Location Type Notes
    18/01/2021 14:30 GENOVA Orale
    20/01/2021 11:00 GENOVA Orale
    05/02/2021 14:30 GENOVA Orale
    09/02/2021 11:00 GENOVA Orale
    24/05/2021 09:00 GENOVA Scritto
    14/06/2021 09:00 GENOVA Scritto
    12/07/2021 09:00 GENOVA Scritto
    15/09/2021 11:00 GENOVA Scritto

    FURTHER INFORMATION

    Assiduous frequency and consult the aula web.