CODICE  90892 

ANNO ACCADEMICO  2019/2020 
CFU  9 cfu al 1° anno di 8700 ECONOMIA E ISTITUZIONI FINANZIARIE (LM56) GENOVA 
SETTORE SCIENTIFICO DISCIPLINARE  SECSP/02 
LINGUA  Inglese 
SEDE  GENOVA (ECONOMIA E ISTITUZIONI FINANZIARIE ) 
PERIODO  1° Semestre 
MATERIALE DIDATTICO  AULAWEB 
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.
Learning Outcomes 

Teaching method 
Lectures 
Aulaweb 
Yes ☐ No ☐ 
Lectures
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, subgame 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.
F. Cowell “Microeconomics”, Oxford University Press. (Program details will be posted on Aulaweb) 
Ricevimento: mercoledi ore 10.30
ANNA BOTTASSO (Presidente)
GABRIELE CARDULLO
Teaching method 
Lectures 
Aulaweb 
Yes ☐ No ☐ 
Lectures
Term: 1°
Assesment method 
Exam ☒ written ☐ oral 
Resit 
No limits. 
Data  Ora  Luogo  Tipologia  Note 

16/01/2020  10:30  GENOVA  Scritto  
14/02/2020  10:30  GENOVA  Scritto  
01/06/2020  10:30  GENOVA  Scritto  
15/06/2020  10:30  GENOVA  Scritto  
03/07/2020  10:30  GENOVA  Scritto  
09/09/2020  10:30  GENOVA  Scritto 
Prerequisites 
Basic Microeconomics.

Learning Outcomes 

Duties 
Attendance is not compulsory but encouraged 