The course intends to provide students with economic and analytical tools to understand how consumers make choices, both with certainty and uncertainty; how firms take decisions, subject to technological constraints, and in relations to market structure and considering strategic interactions with other firms. In addition, a major purpose of the course is to describe how markets are organized both with symmetric and asymmetric information.
Budget constraint Preferences
Utility Choice
Demand Slutsky’s Equation
Buying and selling Intertemporal choice
Uncertainty Consumer surplus
Market Demand Equilibrium
Technology Profit maximization
Cost minimization Cost curves
Firm’s Supply Industry’s Supply
Monopoly Oligopoly
Game theory Exchange
Asymmetric Information
Author | Title | Publisher | Year | ISBN | Note |
Varian H. R. | Analisi Microeconomica | Cafoscarina | 2003 | 8885613969 | |
VARIAN H.R. | Microeconomia (Edizione 5) | Cafoscarina | 2002 | 8885613799 | |
Pindyck R.S., Rubinfeld D.L. | Microeconomia (Edizione 3) | Zanichelli | 2002 | 8808079597 |
The final exam will be a written examination. In some cases, the exam committee may decide to further test the students with an oral examination
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