- Docente: Nadia Burani
- Credits: 10
- SSD: SECS-P/01
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
-
Corso:
Second cycle degree programme (LM) in
Economics and Economic Policy (cod. 8420)
Also valid for Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 0901)
Learning outcomes
Course contents
PART I: CONSUMPTION AND PRODUCTION DECISIONS
Consumer theory
1. Consumer behaviour: utility maximization
2. Choice: comparative statics
3. Demand: aggregation
4. Intertemporal choices
Theory of the firm
5. Technology and production function
6. Profit maximization
7. Cost minimization
8. Cost function
PART II: DECISIONS UNDER UNCERTAINTY
9. Expected utility theory
10. Lotteries and risk aversion
PART III: GENERAL EQUILIBRIUM
11. Pure exchange economies
12. Production
Readings/Bibliography
The main textbook is H. R. Varian: "Microeconomic Analysis", third
Edition 1992, W.W. Northon & Co. Inc.
Further readings:
- D.M. Kreps: "A Course in Microeconomic Theory", Prentice Hall, 1990
- A. Mas-Colell, M.D. Whinston, J.R. Green:"Microeconomic Theory", Oxford University Press, 1995
www2.dse.unibo.it/burani/microav.htm
Teaching methods
Lectures and tutorials.
Assessment methods
The final assessment consists in awrittenexamination with numerical exercises and theoretical questions.
Students who attend all lectures have the possibility to undertake a mid-term examination on the first part of the programme and a final examination on the rest of thesyllabus.
No oral examinations are admitted.
Teaching tools
Theory will be complemented by tutorials, to be held within the
ordinary time schedule.
Office hours
See the website of Nadia Burani