- Docente: Tito Pietra
- Credits: 6
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Economics (cod. 8408)
Learning outcomes
At the end of the class, the student has acquired knowledge at the advanced level of the main results and analytical methods of microeconomics. In particular, student is able to: - Solve the canonical optimization problems used in microeconomics (with a finite number of variables) - Analyze the comparative statistics of these problems - Understand the basic logical structure of the proofs of existence and Pareto efficiency for pure exchange economies.
Course contents
1. Consumer theory
2. Equilibrium theory.
Readings/Bibliography
Mas-Colell, A., M.Whinston and J. Green, Microeconomic Theory, Oxford University Press, 1995.
Jehle, G.A., and P.J. Reny, Advanced Microeconomic Theory, Prentice Hall, 2008.
Balasko, Y., The Equilibrium Manifold. Postmodern Developments in the Theory of General Economic Equilibrium, MIT Press, 2009.
Some additional material (slides, problem sets, past exam) is at Alma Mater Digital Library. To access it, you must enrol in the "lista di distribuzione" of this class, whatever it is. The pwd is unibolmec.
Teaching methods
Assessment methods
The final grade will be based on a 3 hours written final exam.
However, I preserve my right to supplement the written exam with an
oral exam, in special circumstances. The exam aims to verify the
student's understanding of the key analytical results and tools
discussed in class. This can be obtained requiring him/her to apply
these tools to simple computational problems, to explain properly
the logic and the proofs of some of these results, and to apply
their basic logic to novel economic problems. Positive grades will
be registered, i.e. each student will be automatically registered
with the first passing grade he/she gets. Students have a
‘walk-away option': during any exams, you can walk away at any
time, even at the very last moment. If you walk away, your paper
will not be graded.
To take the exam is necessary to be enrolled via Almaesami.
Teaching tools
Teacher's lecture. Problem sets.
Office hours
See the website of Tito Pietra