- Docente: Daniela Iorio
- Credits: 8
- SSD: ECON-01/A
- Language: Italian
- Teaching Mode: In-person learning (entirely or partially)
- Campus: Bologna
- Corso: First cycle degree programme (L) in Economics, Markets and Institutions (cod. 6644)
Learning outcomes
The course aims to provide the analytical tools to study the behavior of economic agents (consumers, firms, governments) and their interactions in the market. At the end of the course the student is expected to be familiar with the theoretical framework and analytical tools microeconomists use to study markets' functioning, structures, and government interventions.
Course contents
Supply and demand
Rational consumer theory
Individual demand and market demand
Applications of rational choice and demand theories
Choices under uncertainty
Production Theory
Market structures: Perfect competition, Monopoly, and Oligopoly
Introduction to game theory approach
Market efficiency and Welfare Analysis
Markets failures. Externalities and Public good provision.
Government interventions
Readings/Bibliography
Microeconomia; Robert H. Frank e Edward Cartwright
Assessment methods
90-minute written examination. During the teaching period, all attending students will take a mid-term written test, followed by a second written test during the first examination session.
Grading scale: Fail: below 18/30; Satisfactory: 18–23/30; Good: 24–27/30; Excellent: 28–30/30; Outstanding: 30/30 cum laude.
Assessment integrity: The use of artificial intelligence (AI) tools during the assessment is strictly prohibited. Any use of AI constitutes a violation of academic integrity.
Office hours
See the website of Daniela Iorio