Microeconomics (2006/2007)

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Course code
4S00239
Name of lecturer
Angelo Zago
Number of ECTS credits allocated
6
Academic sector
SECS-P/01 - ECONOMICS
Language of instruction
Italian
Location
VERONA
Period
1st quadrimester (for 2nd and 3rd years of degrees in IT, for the 2nd year of degrees in applied mathematics and for the 4th and 5th years of specialised degrees) dal Oct 2, 2006 al Dec 1, 2006.

Lesson timetable

Learning outcomes

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.

Syllabus

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

Reference books
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

Assessment methods and criteria

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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