09446 - Microeconomics (F-N)

Course Unit Page

  • Teacher Nadia Burani

  • Credits 10

  • Teaching Mode Traditional lectures

  • Language Italian

  • Campus of Bologna

  • Degree Programme First cycle degree programme (L) in Political, Social and International Sciences (cod. 8853)

  • Teaching resources on Virtuale

  • Course Timetable from Feb 21, 2022 to May 24, 2022

SDGs

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.

Good health and well-being Quality education Reduced inequalities Responsible consumption and production

Academic Year 2021/2022

Learning outcomes

By the end of the course the students will: - master the basic tools for the study of the behaviour of the main economic agents (consumers, firms, government) and of their interactions in the markets. - know the basic theoretical instruments for the understanding of the redistributive effects of public policies, with particular reference to the Italian case.

Course contents

ORGANIZATION OF LECTURES:

The course is organized with lectures taught in presence and simultaneously online on MS TEAMS. 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. 

Exams are exclusively in presence.

PROGRAM OF THE COURSE:

Introduction 
1. Preliminaries: themes of Microeconomics
2. Mathematical tools

Part I: Consumption and Production Decisions
Consumption Decisions

3. Consumer choice
4. Individual and market demand

Production Decisions 
5. Production and technology
6. Production costs

Part II: Market Structure

Perfect Competition
7. Profit maximization and supply
8. Analysis of perfectly competitive markets
Monopoly
9. Market power and monopoly pricing
Oligopoly
10. Models of duopoly

Readings/Bibliography

Pindyck, R.S. e D.L. Rubinfeld: Microeconomics, Pearson, Prentice Hall, 9th edition, 2018.

Supplementary material:

Teaching methods

Lectures and tutorials

Assessment methods

The final assessment consists in awrittenexamination with multiple-choice questions, 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 plus a final examination on the rest of thesyllabus.

Teaching tools

Tutorials will be provided, on a weekly basis.

Office hours

See the website of Nadia Burani