- Docente: Matteo Alvisi
- Credits: 10
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Political, Social and International Sciences (cod. 8853)
Learning outcomes
By the end of the course the students will: - master the basic tools for the study of the behaviour of the main economic agents (consumers, firms, government) and of their interactions in the markets. - know the basic theoretical instruments for the understanding of the redistributive effects of public policies, with particular reference to the Italian case.
Course contents
PART I: INTRODUCTION
Some Economic Fundamentals
The Necessary Analytical Tools
PART II: CONSUMPTION THEORY
Consumer Behaviour
Individual and Market Demand
PART III: FIRM THEORY
Technology and Production
Production Costs
PART IV: PERFECT COMPETITION
Profit Maximation and the Firm's Supply
Analysis of Perfectly Competitive Markets
PART V: MARKET POWER AND STRATEGI INTERACTION
Monopoly, Regulation and Price Discrimination
Oligopoly and Stratetig Interdependence
PART VI: GENERAL EQUILIBRIUM
General Equilibrium in a Pure-Exchange Economy
Equilibrium, Efficiency and Equity
PART VII: EXTERNALITIES AND PUBLIC GOODS
Negative and positive externalities. Environmental pollution and differnt forms of public intervention: pigouvian taxes, standards, fees and transferable emmission permits. Private solutions to market failures and the Coase Theorem. Public Goods.
Readings/Bibliography
Pindyck R.S. e D.L. Rubinfeld (2018), Microeconomics, Pearson-Prentice Hall, 9th edition, Edizione Custom
Teaching methods
Traditional lectures accompanied by a web support available at the site www.matteoalvisi.altervista.org
Assessment methods
The examination aims at verifying the achievement of the following educational objectives:
- basic knowledge of the theoretical and analytical tools used by economists to study the behaviour of the main economic agents (consumers, firms, government) and their market interaction.
- knowledge of the main theoretical tools used to understand and evaluate the redistributive effects of public policies.
The examination consists of a 120-minute written test (multiple choice and exercises), marked in thirties, that can be
supplemented by an optional oral examination. Students can access
the oral examination only after passing the written test (18 points
or more).
The oral examination is approximately 10-15minutes long and may
increase/decrease the score of the written examination for a
maximum of 3 points.
Teaching tools
A web site for the course is available: www.matteoalvisi.altervista.org.
Through this site, students will be able to download the following
material: Math Lecture Notes - Course Slides (in .pdf
version) - Weekly Tutorials' Notes and Exercises - Sample
tests.
Links to further information
http://www.matteoalvisi.altervista.org
Office hours
See the website of Matteo Alvisi