37293 - MICROECONOMICS

Anno Accademico 2022/2023

  • Docente: Marco Casari
  • Crediti formativi: 10
  • SSD: SECS-P/01
  • Lingua di insegnamento: Inglese
  • Modalità didattica: Convenzionale - Lezioni in presenza
  • Campus: Bologna
  • Corso: Laurea in Economics, Politics and Social Sciences (cod. 5819)

Conoscenze e abilità da conseguire

Students acquire a working knowledge of the fundamental topics of microeconomics: Theory of consumption, theory of production in competitive markets, partial equilibrium, general equilibrium and efficiency.

Contenuti

This class will be taught in the SECOND semester in the Bologna campus. The plan is to cover these topics:

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1. Introduction

2. Competitive markets

3. Consumer choice

4. Production

5. Climate change

6. Monopoly

7. Imperfect competition

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8. Uncertainty

9. The State as an economic actor

10. Markets and taxation

11. Economic Inequality

12. Labor markets

13. Credit markets

14. Firms and business corporations

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Testi/Bibliografia

 

The main textbook for this course is CORE's "The Economy: Economics for a Changing World," available online for free:

https://www.core-econ.org/the-economy/book/text/0-3-contents.html

Additional readings will be provided in Virtuale.

Metodi didattici

The course will be based predominantly on frontal lectures. Students are expected to attend lectures and complete the mandatory readings. Readings are a complement to, not a substitute for, lectures---the exam will test knowledge of both.

Lectures will include a variety of in-class games, where you will take decisions in economic situations and which constitute a critical learning experience.

Attending lectures is recommended because the concepts covered in class only partially overlaps with the textbook and because it is the only way to experience the in-class games.

In addition to lectures, there will be recitations to go through practice problems and applications. For the recitation sessions, you will be assigned to a group, and extra points will be earned each session by those groups who actively interacts in recitation sessions with the tutor.

Modalità di verifica e valutazione dell'apprendimento

The course grade will be determined by a midterm exam and a final exam. Both exams will be written, and will contain a mixture of multiple choice and short open questions, including practical exercises. The midterm will account for 50% of your grade, and the final exam will account for the remaining 50%.

The midterm will cover topics 1-7.
The final
will cover topics 8-14.
The full exam will cover topics 1-14.If you fail the midterm you will have to take the full exam.

The final grade is graduated as follows:
- <18: failed
- 18: sufficient
- 19-23: satisfactory
- 24-26: good
- 27-29: very good
- 30 e lode: excellent

Passing the Microeconomics exam by September is required in order to be able to take the midterm and the final exam of Macroeconomics in the second year.

Strumenti a supporto della didattica

The Teaching Assistant in charge of the course recitations will be  dr. Riccardo Pesci.


All the material covered in class and in the recitation sessions (slides, readings, lecture notes) will be available online on Virtuale.


In order to prepare for the exam, students are required to read all mandatory readings (book, lecture notes, additional readings) and the lecture slides. The mandatory readings, including the book sections are detailed in the course syllabus, which will be posted in Virtuale before the first lecture.

Orario di ricevimento

Consulta il sito web di Marco Casari