| Activity | Credits | Period | Academic staff | Timetable |
|---|---|---|---|---|
| lezione | 7 | primo semestre triennali | Giam Pietro Cipriani | |
| esercitazione | 2 | primo semestre triennali | Maria Carmela Lo Bue |
This course should enable students to understand how firms and consumers take their decisions and how markets are organized. Recent developments in economic theory, useful to prepare students for applied economic courses, will also be presented. The teaching methods adopted consist of lectures and exercise classes.
Consumer choice
Production and costs
Perfect competition
Monopoly
Imperfect competition and strategic behaviour
General economic equilibrium
Decision-making with risk
Asymmetric information
Textbooks
either
H.R. Varian, Intermediate Microeconomics: A Modern Approach
or
D.A. Besanko & R.R. Braeutigam, Microeconomics
Exercises can be found in many textbooks. An Italian textbook is: G.P. Cipriani & T. Fioroni, Esercizi di Microeconomia, Giappichelli, 2013.
Closed book examination including a multiple choice test.
