Microeconomics

Paolo COCCORESE Microeconomics

0212400004
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
EQF6
ECONOMICS
2016/2017



OBBLIGATORIO
YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2016
SECONDO SEMESTRE
CFUHOURSACTIVITY
1060LESSONS


Objectives
- KNOWLEDGE AND UNDERSTANDING
STUDENTS WILL GAIN A SET OF KNOWLEDGE IN THE FIELD OF ECONOMIC ANALYSIS THAT WILL BE USEFUL FOR IDENTIFYING THE DECISION PROCESS OF HOUSEHOLDS AND FIRMS AND UNDERSTANDING THE FUNCTIONING OF MARKETS.

- APPLYING KNOWLEDGE AND UNDERSTANDING
BY MEANS OF THE APPLICATION OF PRINCIPLES AND MODELS OF MICROECONOMICS, STUDENTS WILL BE ABLE TO ANALYZE AND INTERPRET THOSE REAL WORLD PHENOMENA THAT ARE RELATED TO: MARKETS; INDIVIDUAL CHOICES OF CONSUMPTION, LABOUR AND SAVINGS; FIRMS’ BEHAVIOUR; STATE INTERVENTION IN THE ECONOMY.
Prerequisites
BACKGROUND KNOWLEDGE OF MATHEMATICS FOR ECONOMISTS.

STUDENTS NEED TO HAVE PASSED THE EXAM OF MATHEMATICS FOR ECONOMICS.
Contents
- INTRODUCTION TO MICROECONOMICS
- DEMAND, SUPPLY, PRICES, ELASTICITY
- INDIVIDUAL DECISIONS: PREFERENCES, UTILITY, CONSUMPTION, LABOUR SUPPLY, SAVINGS
- PRODUCTION AND COST THEORY
- PERFECTLY COMPETITIVE MARKETS: THEORY AND APPLICATIONS
- MONOPOLY
- GAME THEORY AND STRATEGIC BEHAVIOUR
- OLIGOPOLY AND MONOPOLISTIC COMPETITION
Teaching Methods
LECTURES, CLASSES, CASE STUDIES.
Verification of learning
EVALUATION METHODS:
MID-SEMESTER & END-SEMESTER EXAMINATIONS (FOR COURSE ATTENDANTS); WRITTEN AND ORAL COMPREHENSIVE EXAM.

EVALUATION CRITERIA:
- KNOWLEDGE OF THE INDIVIDUAL TOPICS;
- CAPACITY TO CONNECT THE VARIOUS TOPICS;
- ABILITY TO USE MATHEMATICS;
- CLARITY AND EFFECTIVENESS OF EXPOSITION;
- USE OF A PROPER TECHNICAL LANGUAGE.
Texts
MAIN REFERENCE:
- D.A. BESANKO, R.R. BRAEUTIGAM, MICROECONOMICS, JOHN WILEY & SONS, 2014

OTHER REFERENCES:
- D. BERNHEIM, M. WINSTON, MICROECONOMICS
- M.L. KATZ, H.S. ROSEN, MICROECONOMICS
- N.G. MANKIW, PRINCIPLES OF MICROECONOMICS
- J.M. PERLOFF, MICROECONOMICS
- R.S. PINDYCK, D.L. RUBINFELD, MICROECONOMICS
- J.E. STIGLITZ, C.E. WALSH, PRINCIPLES OF MICROECONOMICS
- H.R. VARIAN, INTERMEDIATE MICROECONOMICS
More Information
ALTHOUGH NOT COMPULSORY, ATTENDING THE LECTURES IS HIGHLY RECOMMENDED.
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