Salta al contenuto principale della pagina

APPLIED MICROECONOMICS

CODICE 90892
ANNO ACCADEMICO 2020/2021
CFU
  • 9 cfu al 1° anno di 8700 ECONOMIA E ISTITUZIONI FINANZIARIE (LM-56) - GENOVA
    		•
    SETTORE SCIENTIFICO DISCIPLINARE SECS-P/02
    LINGUA Inglese
    SEDE
  • GENOVA
    		•
    PERIODO 1° Semestre
    MATERIALE DIDATTICO AULAWEB

    OBIETTIVI E CONTENUTI

    OBIETTIVI FORMATIVI

    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.

    OBIETTIVI FORMATIVI (DETTAGLIO) E RISULTATI DI APPRENDIMENTO

    Learning Outcomes

    • Knowledge and understanding. Students should obtain the theoretical and methodological knowledge that allows them to understand the rationale for economic choices taken by isolated and interacting agents.
    • Applying knowledge and understanding. Students should be able to apply acquired knowledge and to solve problems associated to decision-making theory.
    • Making judgments.  Students should obtain the skills needed to independently tackle and solve problems, also in novel settings.
    • Communication skills. Students should learn technical language and economic terminology in order to properly communicate with field experts.
    • Learning skills. Students should develop learning abilities in order to master economic theory   both for academic and job markets.

    MODALITA' DIDATTICHE

    Teaching method

    Lectures

    Aulaweb

    Yes   ☐  No ☐

    Lectures

    PROGRAMMA/CONTENUTO

    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, sub-game 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.

    TESTI/BIBLIOGRAFIA

    F. Cowell “Microeconomics”, Oxford University Press. (Program details will be posted on Aulaweb)

    DOCENTI E COMMISSIONI

    Commissione d'esame

    ANNA BOTTASSO (Presidente)

    GABRIELE CARDULLO

    LEZIONI

    INIZIO LEZIONI

    Term: 1°

    Orari delle lezioni

    APPLIED MICROECONOMICS

    ESAMI

    MODALITA' DI ACCERTAMENTO

    Assesment method

    Exam    ☒ written ☐ oral   

    Resit

    No limits.

    Calendario appelli

    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

    ALTRE INFORMAZIONI

    Prerequisites

    Basic Microeconomics.

     

    Learning Outcomes

    • Knowledge and understanding. Students should obtain the theoretical and methodological knowledge that allows them to understand the rationale for economic choices taken by isolated and interacting agents.
    • Applying knowledge and understanding. Students should be able to apply acquired knowledge and to solve problems associated to decision-making theory.
    • Making judgments.  Students should obtain the skills needed to independently tackle and solve problems, also in novel settings.
    • Communication skills. Students should learn technical language and economic terminology in order to properly communicate with field experts.
    • Learning skills. Students should develop learning abilities in order to master economic theory   both for academic and job markets.

     

    Duties

    Attendance is not compulsory but encouraged