87416 - Microeconomics (M-Z)

Academic Year 2020/2021

  • Docente: Emilio Calvano
  • Credits: 10
  • Language: Italian
  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: First cycle degree programme (L) in International relations and diplomatic affairs (cod. 8048)

Learning outcomes

At the end of the course the student grasps the basic knowledge of microeconomic theory and she can take part to the public debate with sufficient precision and independent judgement. In particular the student knows the theory of decisions under certainty, uncertainty and strategic interaction; she understand the working of the markets and can provide an assessment in terms of efficiency; she understands the various forms of market failures and the possible solutions.

Course contents

The course is organized with a part of lectures taught online on MS TEAMS (20 hours) and another taught in presence (30 hours). The number of students allowed in class is determined on the basis of class capacity and by the health and safety provisions that deal with the pandemic emergency. In case more students want to attend classes in presence than permitted by the rules, a system of shifts will be organized so to allow students to participate. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAMS.

 

1. Market Equilibrium and efficiency

2. Consumption decisions.

3. Production decisions and perfect competition.

4. Strategic interaction.

5. Externalities.

6. Public goods and common resources.

7. Asimmetric information.

8 Monopoly.

9. Oligopoly.

10. Collective choices.

Readings/Bibliography

Lecture Slides

Teaching methods

Traditional teaching methods will be used.

The detailed syllabus, the additional readings, the tutorials and the announcements will be available in the instructor's web site .

Assessment methods

Three written (midterm) exams, each on specific parts of the syllbus, and a final written exam, on the whole syllabus.

Teaching tools

A web site with the teaching materials used.

Office hours

See the website of Emilio Calvano