- Docente: Emanuele Bacchiega
- Credits: 6
- SSD: SECS-P/01
- Language: Italian
- Moduli: Emanuele Bacchiega (Modulo 1) Emanuele Bacchiega (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Bologna
- Corso: First cycle degree programme (L) in Information Science for Management (cod. 8014)
Learning outcomes
Upon completion of the course, the student has gained a detailed knowledge of: - the methodology of Microeconomics and the objects of its analysis; - Consumption theory (preferences, utility maximization, expenditure minimization); - Consumption under uncertainty (expected utility and related paradoxes, risk attitudes, prucence); -Firm theory (technology, profit maximization, cost minimization, cost function); - Market structure (perfect competition, monopoly, oligopoly, monopolistic competition, collusion); - Elements of general equilibrium theory (characterization of equilibrium, proof of existence) and of welfare economics (1st and 2nd welfare economics theorems, social welfare function).
Course contents
- Introduction
- Consumer theory under certainty, individual and market demands, Notes on choice under uncertainty.
- Intertemporal choices and activity markets.
- Consumer surplus, revealed preferences and the Slutsky equation.
- Individual and market demand, exchange.
MODULE 2
- Technology: cost minimization, cost curves.
- Firm and industry supply.
- Competitive equilibrium.
- Monopoly.
Readings/Bibliography
- Hal R. VARIAN, Microeconomia, Cafoscarina, Venezia, last edition.
- Further references will be indicated when needed.
Teaching methods
Traditional lectures.
Assessment methods
Written exam: multiple-choice and short free-response questions.
Teaching tools
The slides used in class will be posted in the e-learning platform.
Office hours
See the website of Emanuele Bacchiega