Microeconomics (2018/2019)

Course code
4S00239
Name of lecturer
Francesco De Sinopoli
Coordinator
Francesco De Sinopoli
Number of ECTS credits allocated
6
Academic sector
SECS-P/01 - ECONOMICS
Language of instruction
Italian
Period
II semestre dal Mar 4, 2019 al Jun 14, 2019.

Lesson timetable

Go to lesson schedule

Learning outcomes

The aim of the course is to give students the tools for understanding how firms and consumers take their decision under different market structures in order to make them able to do and recognize rigorous proofs and to formalize economic problems. The teaching method consists of theoretical lectures and tutorials.

Syllabus

Textbook (recommended) "Microeconomia" by Hal R. Varian, Cafoscarina, 2007.
Additional material is available on the e-learning website.

The following program refers to the sixth edition of the textbook (2007).

Consumer Theory:
• Budget constraint (Varian, Chapter 2).
• Preferences and indifference curves (Varian, Chapter 3).
• Utility (Varian, Chapter 4).
• Choice (Varian, Chapter 5).
• Demand (Varian, Chapter 6).
• Revealed Preferences (Varian, Chapter 7).
• Slutsky equation (Varian, Chapter 8).
• Buying and selling (Varian, Chapter 9).
• Intertemporal Choice (Varian, Chapter 10).
• Choice under uncertainty (Varian, Chapter 12).
• Consumer's Surplus (Varian, Chapter 14).
• Market demand and elasticity (Varian, Chapter 15).
• Equilibrium (Varian, Chapter 16).
Production Theory:
• Technology (Varian, Chapter 18).
• Profit maximization (Varian, Chapter 19).
• Cost minimization (Varian, Chapter 20).
• Cost Curves (Varian, Chapter 21).
Market structures:
• Perfect competition in the short and the long term (Varian, Chapters 22 and 23).
• Monopoly (Varian, Chapter 24).
• Monopolistic Behavior (Varian, Chapter 25).
• Oligopoly (Varian, Chapter 27).
Interactions:
• Nash equilibrium and Game Theory (Varian, Chapter 28).
• Exchange (Varian, Chapter 31).

Reference books
Author Title Publisher Year ISBN Note
Varian H. Microeconomia (Edizione 8) Cafoscarina 2011 9788875433079

Assessment methods and criteria

The exam aims to understand if students are able to formalize and to solve simple economic problems.
The exam does not differ for attending students, it is written (closed books) and contains exercises and questions on theory.

Student opinions - 2017/2018