09446 - Microeconomics (A-L)

Academic Year 2017/2018

  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: First cycle degree programme (L) in International relations and diplomatic affairs (cod. 8048)

Learning outcomes

At the end of the course the student grasps the basic knowledge of microeconomic theory and she can take part to the public debate with sufficient precision and  independent judgement. In particular the student knows the theory of decisions under certainty, uncertainty and strategic interaction; she understand the working of the markets and can provide an assessment in terms of efficiency; she understands the various forms of market failures and the possible solutions.   

Course contents

  • Choice under certainty;
  • Choice under risk; 
  • Choice under strategic interaction;
  • Costs and revenues;·
  • Perfect competition and efficiency;
  • Monopoly;
  • Oligopoly;·
  • Externalities, Public gooods, Common resources and Asymmetric information;
  • Social choice.

Readings/Bibliography

  •  Lavanda Italo and Rampa Giorgio, Microeconomia. Scelte individuali e benessere sociale. Carocci Editore, last edition.
  • Raj Patel, The Value of Nothing. How to Reshape Market Society and Redefine Democracy, Portobello Books, London, 2009.
  • On some specific arguments, additional readings will be required. Students will be informed at the beginning of the course.

Teaching methods

  • Traditional teaching methods will be used.
  • The detailed syllabus,  the additional readings, the tutorials and the announcements will be available in the instructor's web site .

Assessment methods

  • Three written (partial) exams, each on specific parts of the syllbus, and a final written exam, on the whole syllabus.
  • The final grade is a weighted average of the three written (partial) exams and of the final exam (the weight of the latter is 52% ).
  • If the average grade of the partial exams is at least 18/30, the final exams consists of 4 questions; otherwise it consists of 6 questions. In any case the final exam lasts two hours. 
  • The partial exams consist of 10 questions (multiple choice).
  • The final exam consists of open questions and excercises. 

Teaching tools

Tutorials.

Office hours

See the website of Giorgio Giovanni Negroni