Syllabus
EN
IT
Learning Objectives
LEARNING OBJECTIVES:
The main goal of this course is to provide students with knowledge of basic microeconomics methods and topics. This includes understanding the decision-making processes of economic agents such as consumers and firms, as well as the functioning of competitive markets both in situations with and without market power.
RESULTS
By the end of the course, students will be able to analyze, comprehend, and articulate the themes discussed throughout the course. This includes understanding the behavior of economic agents and the economic mechanisms of production and exchange. Additionally, students will develop an understanding of the strategic interaction between these agents. Furthermore students will be capable of effectively applying economic reasoning to a comprehensive understanding of the fundamental microeconomic phenomena and of the ongoing political and economic debate.
The main goal of this course is to provide students with knowledge of basic microeconomics methods and topics. This includes understanding the decision-making processes of economic agents such as consumers and firms, as well as the functioning of competitive markets both in situations with and without market power.
RESULTS
By the end of the course, students will be able to analyze, comprehend, and articulate the themes discussed throughout the course. This includes understanding the behavior of economic agents and the economic mechanisms of production and exchange. Additionally, students will develop an understanding of the strategic interaction between these agents. Furthermore students will be capable of effectively applying economic reasoning to a comprehensive understanding of the fundamental microeconomic phenomena and of the ongoing political and economic debate.
ANDREA PIANO MORTARI
Prerequisites
Basic Algebra and Calculus
Program
Externalities
Public Goods
The rational consumer: Consumer preferences and choice
Supply curve: inputs, costs.
Markets:
- Perfect Competition,
- Monopoly
- Oligopoly
- Monopolistic competition
Public Goods
The rational consumer: Consumer preferences and choice
Supply curve: inputs, costs.
Markets:
- Perfect Competition,
- Monopoly
- Oligopoly
- Monopolistic competition
Books
Krugman, P., & Wells, R. (2020). Microeconomics (7th edition). Macmillan.
Bibliography
Essential mathematics for economic Analysis K. Sydsaeter and P. Hammond
Microeconomics with Calculus J. Perloff
Microeconomia, H.Varian
Microeconomics with Calculus J. Perloff
Microeconomia, H.Varian
Teaching methods
Lectures and practice classess, group work.
Exam Rules
Written examination featuring open questions/ essays to test knowledge of theoretical notions and exercises meant to test the ability to formalize and analyze an economic problem.
EMILIO CALVANO
Program
Economic Principles
Microeconomic Theory & Applications
Trade: Comparative advantage
Using models: positive vs normative
Supply and Demand model
Consumer and Producer Surplus
Price Controls and Quotas
Taxes
Decision Making by Individuals and Firms
Interest Rates and Present Value
The Rational Consumer: Utility theory
Microeconomic Theory & Applications
Trade: Comparative advantage
Using models: positive vs normative
Supply and Demand model
Consumer and Producer Surplus
Price Controls and Quotas
Taxes
Decision Making by Individuals and Firms
Interest Rates and Present Value
The Rational Consumer: Utility theory
Books
Krugman, P., & Wells, R. (2020). Microeconomics (7th edition). Macmillan.
Bibliography
Essential mathematics for economic Analysis K. Sydsaeter and P. Hammond Microeconomics with Calculus J. Perloff Microeconomia, H.Varian