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09446 - Microeconomics (O-Z)

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SDGs

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

Good health and well-being Industry, innovation and infrastructure 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

INTRODUCTION  (First week)

  • Some Economic Fundamentals
  • Necessary analytical tools


PART I: Consumption and production choices (Weeks 2-5)

  • Consumption theory
  • Consumer behaviour 
  • Individual and market demand 
  • The theory of the firm 
  • Technology and production
  • Production costs

 

PARTE II: Market structure (Weeks 6-9)

  • Perfect competition
    Profit maximization and competitive supply
  • Analysis of perfectly competitive markets
  • Monopoly
  • Oligopoly 


PART III: Game Theory and General equilibrium (Weeks 9-10)

  • Game Theory, non-cooperative equilibria
  • General economic equilibrium.

Readings/Bibliography

Pindyck R.S. e D.L. Rubinfeld (2018), Microeconomia, Pearson – Prentice Hall, IX edizione, Edizione Custom.

Additional materials can be found at virtuale.unibo.it (Microeconomics - Giuseppe Pignataro).

 

Teaching methods

Traditional lectures are supported by additional materials available online

 

The course is organized with a part of lectures taught online on MS TEAMS (30/20 hours) and another taught in presence (30/20 hours). 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. In case more students want to attend classes in presence than permitted by the rules, a system of shifts will be organized so to allow students to participate. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAMS.

Assessment methods

Written exams.

Teaching tools

Lessons (60 teaching hours for 30 lessons) plus due hours per week for practise exercises held by a Tutor.

Links to further information

https://www.giuseppepignataro.info

Office hours

See the website of Giuseppe Pignataro