ECONOMICS

Scienze Politiche e delle Relazioni Internazionali ECONOMICS

1212100003
DIPARTIMENTO DI SCIENZE POLITICHE, SOCIALI E DELLA COMUNICAZIONE
EQF6
POLITICAL AND INTERNATIONAL RELATIONS SCIENCE
2017/2018



OBBLIGATORIO
YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2017
SECONDO SEMESTRE
CFUHOURSACTIVITY
2ISTITUZIONI DI ECONOMIA MOD.1
640LESSONS
3ISTITUZIONI DI ECONOMIA MOD.2
640LESSONS


Objectives

MAIN AIM OF THE COURSE IS TO PROVIDE STUDENTS KNOWLEDGE ON PRINCIPLES AND BASIC MICROECONOMIC MODELS RELATED TO THE CONSUMER'S AND FIRM'S DECISION PROCESS AND TO THE FUNCTIONING MECHANISMS OF MARKETS.

STUDENTS WILL HAVE ACQUIRED THE MAIN KNOWLEDGE OF ECONOMIC ANALYSIS USEFUL TO UNDERSTANDING BOTH THE DECISION PROCESS OF INDIVIDUALS AND FIRMS AND THE FUNCTIONING MECHANISMS OF MARKETS.

THE STUDENTS WILL BE ABLE TO APPLY THE PRINCIPLES AND MICROECONOMIC MODELS TO REAL-WORLD PHENOMENA INVOLVING BOTH THE BEHAVIOUR OF INDIVIDUALS AND FIRMS AND THE FUNCTIONING MECHANISMS OF MARKETS.

Prerequisites
BASIC KNOWLEDGE OF ANALYTIC GEOMETRY: CARTESIAN COORDINATES, LINEAR FUNCTIONS AND THEIR REPRESENTATION, INTERCEPTS AND ANGULAR COEFFICIENT.
Contents

INTRODUCTION TO MICROECONOMICS.

DEMAND, SUPPLY AND THE ROLE OF PRICE.

ELASTICITY.

CONSUMER THEORY:PREFERENCES,UTILITY,CHOICE.

THEORY OF THE FIRM:TECHNOLOGY,PRODUCTION AND COSTS.

COMPETITIVE MARKETS.

MONOPOLY.

GAME THEORY AND STRATEGIC BEHAVIOUR.

OLIGOPOLY AND MONOPOLISTIC COMPETITION.
Teaching Methods
LECTURES, EXERCISES.
Verification of learning

THE ACHIEVEMENT OF THE OBJECTIVES OF THE COURSE IS CERTIFICATED THROUGH A SUCCESSFUL EXAM, MADE OF A (WRITTEN) TEST AND AN ORAL TEST. THE MARKS OF BOTH OF THEM ARE ON A SCALE OF 30, WITH A MINIMUM OF 18. THE FINAL MARK IS THE AVERAGE OF THE MARKS IN EACH TEST.

THE (WRITTEN) TEST IS PROPEDEUTICAL TO THE ORAL ONE AND FOCUSES ON THREE DIFFERENT SUBJECTS OF THE COURSE PROGRAM, PROPOSED AS EXERCISES OR OPEN QUESTIONS TO BE SOLVED/ANSWERED IN ONE HOUR.

THE ORAL TEST LASTS ABOUT 20 MINUTES AND IS BASED ON QUESTIONS AND DISCUSSION ON THE THEORETICAL AND METHODOLOGICAL CONTENTS OF THE COURSE PROGRAM(BASIC PRINCIPLES AND MODELS ABOUT CONSUMER AND FIRM BEHAVIOUR AND MARKET FUNCTIONING MECHANISMS).THE PURPOSE OF THIS TEST IS TO ASCERTAIN THE LEVEL OF KNOWLEDGE AND UNDERSTANDING, AS WELL AS TO TEST THE UNDERSTANDING USING THE APPROPRIATE TERMINOLOGY AND THE ABILITY TO ORGANIZE THE DISCUSSION ON THE THEORETICAL SUBJECTS.

A (WRITTEN)TEST WILL BE HELD AT THE END OF THE COURSE.THIS TEST,PROPEDEUTICAL TO THE ORAL ONE,FOCUSES ON THREE DIFFERENT SUBJECTS OF THE COURSE PROGRAM, PROPOSED AS EXERCISES OR OPEN QUESTIONS TO BE SOLVED/ANSWERED IN ONE HOUR.

Texts

D.A.BESANKO - R.R BRAEUTIGAM, MICROECONOMIA, MCGRAW-HILL,MILANO,2016:

CAPP.1,2(EXCL.PAR.5),3,4(EXCL.PARR.3,4,5),5(EXCL.PARR.2.4,3.2,5,6,7),6(EXCL.PAR.6),7(EXCL.PAR.4.4),8,9,11(EXCL.PARR.4.1,5.3,7,8),12(EXCL.PARR.4.2,4.3,4.4,5,6),13(EXCL.PARR.1.6,2,3,4),14(EXCL.PARR.2.4,3,4.2).

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