- Docente: Giuseppe Pignataro
- 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
Microeconomics is a branch of economics that studies how individuals, households and firms make decisions to allocate limited resources, typically in markets where goods or services are being bought and sold. Microeconomics examines how these decisions and behaviours affect the supply and demand for goods and services, which determines prices; and how prices, in turn, determine the supply and demand of goods and services. The students wil master the basic instruments for the analysis of the behaviour of the main economic agents (consumers, firms, goverment) and of their interactions in the markets. Basic theoretical instruments for the understanding of the redistributive effects of public policies, with particular reference to the Italian case are further provided.
Course contents
INTRODUCTION
(First week)
Some Economic Fundamentals
Necessary analytical tools
PART I: Consumption and production choices (Weeks 2-5)
Consumption theory Consumer
behaviour Individual and market demand The theory of
the firm Technology and production Production
costs
PARTE II: Market structure (Weeks 6-8)
Perfect competition
Profit maximization and
competitive supply Analysis of perfectly competitive markets
Monopoly Oligopoly
PART III: General equilibrium, externality and public
goods (Weeks 9-10)
General economic equilibrium and
efficiency Esternalities
Public
Goods
Readings/Bibliography
Pindyck, R.S. e D.L. Rubinfeld: Microeconomia,ottava edizione italiana, Pearson, Prentice Hall, 2013.
Updating: http://www2.dse.unibo.it/pignataro/teaching.html
Teaching methods
Traditional lectures accompanied by a web
support materials available at the site (
http://www2.dse.unibo.it/pignataro/teaching.html
).
Assessment methods
Written exams.
Teaching tools
Lessons (60 teaching hours for 30 lessons) plus due hours per week for practise exercises held by a Tutor.
Links to further information
http://www2.dse.unibo.it/pignataro/teaching.html
Office hours
See the website of Giuseppe Pignataro