09446 - Microeconomics

Academic Year 2014/2015

  • Teaching Mode: Traditional lectures
  • Campus: Rimini
  • Corso: First cycle degree programme (L) in Economics of Tourism (cod. 8847)

Learning outcomes

The student will be familiar with the main concepts of Microecnomics and in a position to apply them to tourism markets. In particular, she/he will be able to understand consumer and firm behaviours as well as torusim markets; and to analyse the different market characteristics.

Course contents

methodological issues
consumer decisions: preferences, ordinal utility, experimental economics
utility maximisation and expenditure minimisation
individual and market demand, demand elasticity
decisions under uncertainty: preferences, expecterd utility, experimental economics
firm decisions: production, costs
profit maximisation and cost minimisation
individual and market supply, supply elasticity
partial equilibrium and government interventions
general equilibrium
imperfect competition
monopoly
monopolistic competition
oligopoly (a la bertrand, a la cournot, a la stackelberg, collusive and non collusive)
asymmetric information
hidden action
hidden information
positive and negative externalities
actions
goods

Readings/Bibliography

Frank, Microeconomia, McGraw-Hill, ultima edizione
Zagonari, Lineamenti di economia, Hoepli, ultima edizione

Teaching methods

Lectures are integrated by tutorials.

Assessment methods

Written examination, 1 hour long and based on 4 questions. Notes or other materials are not allaowed.

Teaching tools

An hand-out "Integrazioni logico-matematiche".

Office hours

See the website of Fabio Zagonari