- Docente: Elias Carroni
- Credits: 8
- SSD: SECS-P/01
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Rimini
- Corso: First cycle degree programme (L) in Economics of Tourism (cod. 8847)
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from Feb 13, 2023 to May 24, 2023
Learning outcomes
At the end of the course, the student will know the basics of microeconomic analysis and their application to the study of tourist markets. In particular, the student will be able to:
-understand the behavior of consumers and firms and the functioning of markets, with particular focus on tourism;
-recognize and analyze the various market structures, with particular focus on tourism;
-apply the principles of microeconomics to the tourist market
Course contents
1. Introduction: principles of microeconomics and introduction to economic modelling
2. Supply and Demand: consumer and producer surplus, demand elasticity
3. Influencing market equilibrium: fixed prices and taxation
4. International trade
5. Individual decisions: rational consumer and production costs/factors
6. Market structures: perfect competition, monopoly, oligopoly, monopolistic competition and product differentiation
7. Trade-off private incentives vs public outcomes: externalities, public goods, welfare state and income distribution
8. Role of information: uncertainty, risk and private information
Readings/Bibliography
- P. Krugman e R. Wells: Microeconomia, Zanichelli (2013). Appendixes are included.
Teaching methods
Lectures and exercises.
Assessment methods
Written exam
Teaching tools
On top of theoretical lectures (60 h), exercises will be solved in the class. Any additional support material (e.g., slides) will be made available online. This material is complementary but does NOT replace the study of the textbook.
Office hours
See the website of Elias Carroni