MICROECONOMICS
MICROECONOMICS
| A.Y. | Credits |
|---|---|
| 2021/2022 | 4 |
| Lecturer | Office hours for students | |
|---|---|---|
| Germana Giombini | Online. Appointment by email. |
| Teaching in foreign languages |
|---|
|
Course entirely taught in a foreign language
English
This course is entirely taught in a foreign language and the final exam can be taken in the foreign language. |
Assigned to the Degree Course
| Date | Time | Classroom / Location |
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| Date | Time | Classroom / Location |
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Learning Objectives
Economic models must carefully identify decision makers, goals, choices and relationship between choices and outcomes. The course aims at providing students advanced theoretical tools in microeconomics, focusing on consumer theory, theory of the firm, general equilibrium and welfare economics.
Program
The course will cover the following topics: 1 Consumer Theory:
Rationalchoice, utility functions
Utility maximization and demand
Price and income changes and elasticity.
2 Theory of the Firm
Production technology
Cost minimization and profit maximization
Inputs demands
Perfect Competition
3 Market Power
Monopoly
Monopolistic Competition
Oligopoly
Collusion
4 Market Failures
Asymmetric Information
Externalities
Learning Achievements (Dublin Descriptors)
- Knowledge and understanding: the student, at the end of the course, will have acquired advanced knowledge about the problems of consumers’ choice and firms’ profit maximizations, and the functioning of markets.
- Applying knowledge and understanding: the student will be able to understand the dynamics of the economic variables and policies in terms of market regulation.
- Making judgements: the student will have developed the understanding of economic phenomena and the critical capacity to evaluate the solutions proposed in relation to some issues of economic policy.
- Communication skills: he student will learn to make their economics knowledge with the help of graphs and mathematical tools.
- Learning skills: the student will learn the functioning of economic models and to use them for the solution of economic problems.
Teaching Material
The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it
Teaching, Attendance, Course Books and Assessment
- Teaching
The course consists of lectures and teaching (exercises) for a total of 20 hours of lessons.
- Attendance
Compulsory
- Course books
Varian, Microeconomic Analysis, Third edition, chapters 1-10, 14-16, 24-25
- Assessment
# Please note: The test will be structured in 2 parts: Part A corresponding to topics 1 and 2; and part B, corresponding to topics 3 and 4. PhD students can decide whether to take the full exam in the final week of the first teaching module or take a partial exam on part A at the end of the first teaching module, and postpone part B to the final week of the 2nd teaching module.
- Disabilità e DSA
Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.
A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.
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