Annamaria NESE | MICROECONOMIA

cod. 1212200058

MICROECONOMIA

	1212200058
	DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
	EQF6
	ADMINISTRATION AND ORGANIZATION
	2018/2019

PERCORSO COMUNE

	OBBLIGATORIO
	YEAR OF COURSE 1
	YEAR OF DIDACTIC SYSTEM 2018
	SECONDO SEMESTRE

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	SECS-P/01	12	80	LESSONS	BASIC COMPULSORY SUBJECTS

PROFESSORS

	ANNAMARIA NESE T Curriculum
	LAVINIA PARISI Curriculum

	Objectives
	(KNOWLEDGE AND UNDERSTANDING). THIS IS THE FIRST TAUGHT A COURSE OF ECONOMICS AIMED TO EXAMINE THE BASIC ELEMENTS CHARACTERIZING THE FUNZIONING OF AN ECONOMIC SYSTEM AND THE DECISIONAL MODELS OF ECONOMIC AGENTS (FAMILIES AND FIRMS). THE COURSE AIMS TO PROVIDE THE MAIN THEORETICAL AND METHODOLOGICAL ISSUES TO UNSERSTAND THE MAIN ECONOMIC PROBLEMS IN THE REAL LIFE OF FAMILIES AND FIRMS. THE COURSE WILL FOCUS ON: DEMAND AND SUPPLY, MARKET EQUILIBRIUM, CONSUMER THEORY, FIRM THEORY, COMPETING AND MONOPOLISTIC MARKETS. (APPLYING KNOWLEDGE AND UNDERSTANDING). STUDENTS WILL BE MORE CONFIDENT IN ANALYSING AND SOLVING THE FOLLOWING PROBLEMS: I) CONSUMER DECISIONS (I.E., HOW TO ALLOCATE INCOME AMONG DIFFERENT PRIVATE GOODS) ; II) FIRMS DECISIONS(I.E., THE CHOICE OF THE APPROPRIATE TECHNOLOGY AND INPUTS, THE CHOICE OF THE LEVEL OF OUTPUT MAXIMIZING PROFITS, ETC.) III) MARKET FUNCTIONING ( I.E. MARKET EQUILIBRIUM AND DEMAND OR SUPPLY SHOCKS).

(KNOWLEDGE AND UNDERSTANDING). THIS IS THE FIRST TAUGHT A COURSE OF ECONOMICS AIMED TO EXAMINE THE BASIC ELEMENTS CHARACTERIZING THE FUNZIONING OF AN ECONOMIC SYSTEM AND THE DECISIONAL MODELS OF ECONOMIC AGENTS (FAMILIES AND FIRMS). THE COURSE AIMS TO PROVIDE THE MAIN THEORETICAL AND METHODOLOGICAL ISSUES TO UNSERSTAND THE MAIN ECONOMIC PROBLEMS IN THE REAL LIFE OF FAMILIES AND FIRMS. THE COURSE WILL FOCUS ON: DEMAND AND SUPPLY, MARKET EQUILIBRIUM, CONSUMER THEORY, FIRM THEORY, COMPETING AND MONOPOLISTIC MARKETS.

(APPLYING KNOWLEDGE AND UNDERSTANDING). STUDENTS WILL BE MORE CONFIDENT IN ANALYSING AND SOLVING THE FOLLOWING PROBLEMS:
I) CONSUMER DECISIONS (I.E., HOW TO ALLOCATE INCOME AMONG DIFFERENT PRIVATE GOODS) ;
II) FIRMS DECISIONS(I.E., THE CHOICE OF THE APPROPRIATE TECHNOLOGY AND INPUTS, THE CHOICE OF THE LEVEL OF OUTPUT MAXIMIZING PROFITS, ETC.)
III) MARKET FUNCTIONING ( I.E. MARKET EQUILIBRIUM AND DEMAND OR SUPPLY SHOCKS).

	Prerequisites
	NONE

	Contents
	THE BEHAVIOR OF PRODUCERS, CONSUMERS AND MARKETS. MARKET STRUCTURE AND COMPETITIVE STRATEGY. PRICE MAKER AND PRICE TAKER FIRMS. MORE DETAILS (NUMBER OF LESSON/CLASS HOURS): FIRST PART: 1) ECONOMIC ANALYSIS PROBLEMS (12 HOURS); 2) MARKET EQUILIBRIUM (10 HOURS); 3) DEMAND ELASTICITY;(6 HOURS) 3) CONSUMER THEORY (12 HOURS). SECOND PART: 1)PRODUCTION AND COST THEORY (10 HOURS); 2)PERFET COMPETITION (10 HOURS); 3) MONOPOLISTIC MARKETS (10 HOURS); 4) IMPERFECT COMPETITION AND STRATEGIC BEHAVIOR (10 HOURS).

Contents

THE BEHAVIOR OF PRODUCERS, CONSUMERS AND MARKETS. MARKET STRUCTURE AND COMPETITIVE STRATEGY. PRICE MAKER AND PRICE TAKER FIRMS.

MORE DETAILS (NUMBER OF LESSON/CLASS HOURS):
FIRST PART:
1) ECONOMIC ANALYSIS PROBLEMS (12 HOURS);
2) MARKET EQUILIBRIUM (10 HOURS);
3) DEMAND ELASTICITY;(6 HOURS)
3) CONSUMER THEORY (12 HOURS).
SECOND PART:
1)PRODUCTION AND COST THEORY (10 HOURS);
2)PERFET COMPETITION (10 HOURS);
3) MONOPOLISTIC MARKETS (10 HOURS);
4) IMPERFECT COMPETITION AND STRATEGIC BEHAVIOR (10 HOURS).

	Teaching Methods
	LECTURES (60 HOURS) AND CLASSES (20 HOURS).

	Verification of learning
	THE EXAMINATION CONSISTS OF A WRITTEN TEST AND AN ORAL EXAMINATION . A SUCCESSFULL COMPLETION OF THE WRITTEN TEST IS CONDITION REQUIRED FOR REACHING THE ORAL STAGE. EACH OF THE TWO STAGES CAN BE PASSED WITH A MINIMUM OF 18/30. THE FINAL GRADE IS SIMPLY THE AVERAGE OF THE TWO PARTIAL RESULTS. THE WRITTEN EXAMINATION, LASTING APPROXIMATELY TWO HOUR AND HALF, IS AIMED AT DETERMINING IN A CLEAR AND UNAMBIGUOUS MANNER THE STUDENTS’ KNOWLEDGE AND THE ABILITY TO UNDERSTAND BOTH THEORETICAL AND METHODOLOGICAL CONTENTS AS TARGETED IN THE PROGRAMME. FINALLY, IT VERIFIES HOW THE STUDENTS CAN APPLY THE THEORETICAL KNOWLEDGE. THE WRITTEN EXAMINATION IS COMPOSED OF THREE PARTS, EACH INCLUDING TREE SECTIONS. THE FIRST SECTION CONSISTS OF 10 TRUE/FALSE QUESTIONS; OVERALL, THE MAXIMUM SCORE ON THIS PART IS 2 POINTS. THE SECOND SECTION CONSISTS OF 6 MULTIPLE CHOICE QUESTIONS; THE STUDENT MUST EXPLAIN THE CORRECT ANSWER WITH A SHORT COMMENT; THE MAXIMUM SCORE ON THIS PART IS OVERALL 18. FINALLY, THE LAST SECTION CONSISTS OF 4 EXERCISES; THE OVERALL SCORE IS 10. THE QUESTIONS ARE SIMILAR TO THOSE RESOLVED DURING THE COURSE. COMPUTERS, TEXTS AND MOBILES ARE NOT ALLOWED DURING THE EXAMINATION. THE OBJECTIVE OF THE WRITTEN EXAMINATION IS TO VERIFY THE OVERALL KNOWLEDGE OF THE CONSUMER THEORY, DEMAND, SUPPLY AND MARKET FUNCTIONING, FIRM THEORY. THE ORAL EXAMINATION CONSISTS OF AN INTERVIEW AIMED AT DEEPENING THE CORRECT RESPONSE OF THE FIRST PART OF THE WRITTEN EXAMINATION. IN THIS WAY ONA CAN TEST STUDENTS’ KNOWLEGE AND ABILITY TO UNDERSTAND ACHIEVED, AND , AT THE SAME TIME, THE EXPERTISE IN THE FIELD.

Verification of learning

THE EXAMINATION CONSISTS OF A WRITTEN TEST AND AN ORAL EXAMINATION . A SUCCESSFULL COMPLETION OF THE WRITTEN TEST IS CONDITION REQUIRED FOR REACHING THE ORAL STAGE. EACH OF THE TWO STAGES CAN BE PASSED WITH A MINIMUM OF 18/30. THE FINAL GRADE IS SIMPLY THE AVERAGE OF THE TWO PARTIAL RESULTS.
THE WRITTEN EXAMINATION, LASTING APPROXIMATELY TWO HOUR AND HALF, IS AIMED AT DETERMINING IN A CLEAR AND UNAMBIGUOUS MANNER THE STUDENTS’ KNOWLEDGE AND THE ABILITY TO UNDERSTAND BOTH THEORETICAL AND METHODOLOGICAL CONTENTS AS TARGETED IN THE PROGRAMME. FINALLY, IT VERIFIES HOW THE STUDENTS CAN APPLY THE THEORETICAL KNOWLEDGE. THE WRITTEN EXAMINATION IS COMPOSED OF THREE PARTS, EACH INCLUDING TREE SECTIONS.
THE FIRST SECTION CONSISTS OF 10 TRUE/FALSE QUESTIONS; OVERALL, THE MAXIMUM SCORE ON THIS PART IS 2 POINTS.
THE SECOND SECTION CONSISTS OF 6 MULTIPLE CHOICE QUESTIONS; THE STUDENT MUST EXPLAIN THE CORRECT ANSWER WITH A SHORT COMMENT; THE MAXIMUM SCORE ON THIS PART IS OVERALL 18. FINALLY, THE LAST SECTION CONSISTS OF 4 EXERCISES; THE OVERALL SCORE IS 10.
THE QUESTIONS ARE SIMILAR TO THOSE RESOLVED DURING THE COURSE. COMPUTERS, TEXTS AND MOBILES ARE NOT ALLOWED DURING THE EXAMINATION.
THE OBJECTIVE OF THE WRITTEN EXAMINATION IS TO VERIFY THE OVERALL KNOWLEDGE OF THE CONSUMER THEORY, DEMAND, SUPPLY AND MARKET FUNCTIONING, FIRM THEORY.
THE ORAL EXAMINATION CONSISTS OF AN INTERVIEW AIMED AT DEEPENING THE CORRECT RESPONSE OF THE FIRST PART OF THE WRITTEN EXAMINATION. IN THIS WAY ONA CAN TEST STUDENTS’ KNOWLEGE AND ABILITY TO UNDERSTAND ACHIEVED, AND , AT THE SAME TIME, THE EXPERTISE IN THE FIELD.

	Texts
	BESANKO D.A. , BRAEUTIGAM R.R., MICROECONOMIA, III ED.2016, ISBN 978-88-386-1531-3. CHAPTERS: 1, 2 (EXCLUDING 2.5),3 ,4 (EXCLUDING 4.2.3, 4.3 E 4.4), 5(EXCLUDING 5.2.4 , 5.3.2, 5.5, 5.6, 5.7), 6, 7(EXCLUDING 7.4.3, 7.4.4), 8, 9 (EXCLUDING 9.51, 9.5.3), 11 (EXCLUDING 11.4 , 11.7, 11.8), 12 (EXCLUDING 12.3, 12.4, 12.5, 12.6),13(ESCLUSI 13.1.4, 13.1.5,13.1.6, 13.1.7,13.2, 13.3, 13.4), 14(EXCLUDING 14.3, 14.4).

Texts

BESANKO D.A. , BRAEUTIGAM R.R., MICROECONOMIA, III ED.2016, ISBN 978-88-386-1531-3.
CHAPTERS: 1, 2 (EXCLUDING 2.5),3 ,4 (EXCLUDING 4.2.3, 4.3 E 4.4), 5(EXCLUDING 5.2.4 , 5.3.2, 5.5, 5.6, 5.7), 6, 7(EXCLUDING 7.4.3, 7.4.4), 8, 9 (EXCLUDING 9.51, 9.5.3), 11 (EXCLUDING 11.4 , 11.7, 11.8), 12 (EXCLUDING 12.3, 12.4, 12.5, 12.6),13(ESCLUSI 13.1.4, 13.1.5,13.1.6, 13.1.7,13.2, 13.3, 13.4), 14(EXCLUDING 14.3, 14.4).

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Annamaria NESE | MICROECONOMIA