09446 - Microeconomics

Learning outcomes

The class aims to provide the basic analytical tools for the study of agents' economic behaviour and of market interactions.

At the end of the class, the student is able: - to analyse consumers' and firms' choices, - to understand agents' interactions in the different market structures, - to analyse the different types of government intervention to mitigate market failures.

Course contents

1. Introduction 2. Consumer theory 3. Production theory and cost theory 4. Perfect competition 5 General equilibrium 6. Monopoly 7. imperfect competition

More detailed versions of the program for the mid-term and the final exam will be provided online at the end of classes

Readings/Bibliography

Besanko, D.A., e R.R. Braeutigam, Microeconomia, IV ed., McGraw Hill, 2020. Edition II and III cover essentially the same material and can also be used.

Additional material is available on the textbook website.

Additional material (class slides, material for the recitations, et so on) i available at https://virtuale.unibo.it/

Teaching methods

There will be 60 hours of classes and more or less 20 hours of recitations, based on the solution of pre-assigned problem sets.

There will be a mid-term exam, open only to first year students.

Assessment methods

There are two types of exams:

1. You can choose to take the mid-term sometime in April and a final exam in June - July.
2. You can choose to take a unique exam in June - July (or later on)

Exam may be written or oral, according to the evolution of the COVID-19 situation.

To take the exam, you must be enrolled on Almaesami. No exceptions.

Grades are espressed out of thirty. They shuld be interpreted as follows:

• <18: not sufficient
• 18−23: sufficient
• 24−27: good
• 28−30: very good
• 30 cum laude: excellent

Teaching tools

Class slides are available in the class webpage https://virtuale.unibo.it/

Office hours

See the website of Tito Pietra