- Docente: Francesca Barigozzi
- Credits: 8
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: First cycle degree programme (L) in Economics and business (cod. 9202)
Learning outcomes
The aim of the course is to introduce students to the basic analytical tools for understanding the behaviour of economic agents (individuals, firms, public authorities) and their interactions in the market. At the end of the course students are able to: (a) analyse consumers’ expenditure and firms’ production decisions; (b) understand the interactions between consumers and firms in the market; (c) analyse the role of public policies in dealing with market failures.
Course contents
1. Preliminaries
2. The Basics of Supply and Demand
3. Consumer Behavior
4. Individual and Market Demand
5. Uncertainty and Consumer Behavior
6. Production
7. The Cost of Production
8. Profit Maximization and Competitive Supply
9. The Analysis of Competitive Markets
10. Market Power: Monopoly
11. Oligopoly
12. Game Theory and Competitive Strategy
13. General Equilibrium and Economic Efficiency
14. Markets with Asymmetric Information
Readings/Bibliography
Microeconomics, 8th oppure 9th Edition (2013 o 2018) By Robert Pindyck, Daniel Rubinfeld Published by Pearson
"The Economy" open source book available on line at: www.core-econ.org
Teaching methods
Lectures using slides and other teaching materials
Assessment methods
The final grade is given either by:
1) the sum of
- class participation
- one assignment
- two midterm written exams
or
2) a unique final written exam
Teaching tools
Part of the teaching material (slides and exercises to be solved in classe, multiple choices tests) is provided by the lecturer
Links to further information
https://sites.google.com/site/francescabarigozziunibo/teaching
Office hours
See the website of Francesca Barigozzi