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.
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).
| Author | Title | Publisher | Year | ISBN | Note |
| Varian H. | Microeconomia (Edizione 8) | Cafoscarina | 2011 | 9788875433079 |
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.
The assessment methods could change according to the academic rules.
