CODICE  90892 

ANNO ACCADEMICO  2020/2021 
CFU 

SETTORE SCIENTIFICO DISCIPLINARE  SECSP/02 
LINGUA  Inglese 
SEDE 

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
Term: 1°
Assesment method 
Exam ☒ written ☐ oral 
Resit 
No limits. 
Data  Ora  Luogo  Tipologia  Note 

11/01/2021  09:00  GENOVA  Scritto + Orale  
11/02/2021  09:00  GENOVA  Scritto + Orale  
31/05/2021  15:00  GENOVA  Scritto  
14/06/2021  15:00  GENOVA  Scritto  
05/07/2021  15:00  GENOVA  Scritto  
08/09/2021  10:30  GENOVA  Scritto 
Prerequisites 
Basic Microeconomics.

Learning Outcomes 

Duties 
Attendance is not compulsory but encouraged 