- Docente: Nadia Burani
- Credits: 10
- SSD: SECS-P/01
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Economics and Economic Policy (cod. 8420)
Learning outcomes
Course contents
PART I: Consumer theory
1. Utility maximization
2. Expenditure minimization
3. Duality and comparative statics
4. Decisions under uncertainty: Expected utility theory
PART II: Theory of the firm
5. Technology and production function
6. Profit maximization
7. Cost minimization
8. Cost functions
PART III: General Equilibrium
9. Pure exchange economies
10. Economies with consumption and production
Readings/Bibliography
The main textbook is Jehle G.A. and P. Reny: "Advanced Microeconomic Theory", Prentice Hall, 2010.
Further readings:
- D.M. Kreps: "A Course in Microeconomic Theory", Prentice Hall, 1990
- A. Mas-Colell, M.D. Whinston, J.R. Green:"Microeconomic Theory", Oxford University Press, 1995
- H. R. Varian: "Microeconomic Analysis", third Edition 1992, W.W. Northon & Co. Inc.
The course's web-page, where slides can be downloaded, is under construction.
Finally, additional material can be found on AMScampus
Teaching methods
Lectures and tutorials.
As for mathematical prerequisites, a good knowlwdge of the
following topics is needed:
- linear algebra
- functions of many variables
- differential calculus
- optimization subject to constraints
Assessment methods
The final assessment consists in a written examination
with analytical exercises and theoretical questions. Analytical
exercises are worth 2/3 of the final grade while theoretical
questions are worth 1/3.
Students who attend all lectures have the possibility to undertake a mid-term examination on the first part of the programme and a final examination on the rest of the syllabus.
No oral examinations are admitted.
Teaching tools
Theory will be complemented by tutorials to be added to the
ordinary time schedule.
Office hours
See the website of Nadia Burani