21210112 - MICROECONOMICS

The course is an introduction to political economy through elementary microeconomic analysis. The behavior of consumers and firms is studied for a deeper understanding of the mechanism of price formation in markets for goods and production factors. The course presents different regimes of competitive markets, ranging from perfect competition to oligopoly and monopolistic competition.
At the end of the course a student:
• will have gained full awareness of the economic dimension in the behavior of individuals and society as a whole;
• will be able to understand the basic principles of the economic behavior of consumers and firms, as well as their interdependency in a complex economic system like a market economy;
• will have developed the capacity of critical analysis of the various theories that explain firms’ and consumers’ behavior, and their interactions.

Curriculum

Canali

teacher profile | teaching materials

Programme

MICROECONOMICS
Prof. A. Trezzini

The Microeconomics course deals with the part of the economic analysis that has as its object the determination of the exchange value of individual goods, as well as the related problem of income distribution.
In the first part of the course the fundamental elements concerning the single productive processes and their mutual relations are exposed.
The second part of the course considers how the problem of the exchange value of goods and the distribution of the product has been dealt with within the theoretical framework of classical economists.
The third part of the course examines the basic elements of the marginalist microeconomics. The theory of production and firms in perfect competition and the theory of consumer and exchange are analysed.
The fourth part of the course is dedicated to theories of firm and individual industry in monopoly and oligopolistic conditions.
A fifth concluding part will be dedicated to a comparison between the two alternative approaches to the problems of value and distribution: the classic one and the marginalist one.

Core Documentation

Dispensa n.1 Elementi di teoria della produzione (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini)
Dispensa n.2 La teoria classica della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini) compresa l'Appendice A ed esclusa l'Appendice B.
Dispensa n.3 La teoria marginalista della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. S. Fratini) pagine 1-11
H.R.Varian, Microeconomia, Cafoscarina, settima edizione.


Reference Bibliography

H.R.Varian, Microeconomia, Cafoscarina, settima edizione.

Type of delivery of the course

Frontal lectures and traininig sessions

Attendance

Not compulsory

Type of evaluation

Written and oral examination

teacher profile | teaching materials

Programme

1. Introduction: Methods of economic analysis. Demand and supply. Price elasticity of demand. 2. Consumer theory: Preferences and utility. Consumer choice. Theory of demand. 3. Production theory: The production process. Costs minimization. Cost curves. 4. Market forms: Prefect competition. Monopolistic markets. Monopoly. Price discrimination. 5. Other topics: Game theory and strategic behavior. Risk and information. General equilibrium theory.

Core Documentation

David A. Besanko e Ronald R. Braeutigam, Microeconomia, McGraw-Hill Education, 2016.
Further material will be provided during classes through the course web-site.

Type of delivery of the course

Lectures and practice classes.

Attendance

I advice students to attend classes.

Type of evaluation

The exam consists of multiple choice questions, exercises and a short essay.

teacher profile | teaching materials

Programme

The first part of the course will introduce consumption and production theories. These theories are the fundamental components of equilibrium theory in perfectly and imperfectly competitive markets and in monopoly, and they will be analyzed in the second part of the course. The third and final part of the course will address issues such as the analysis of information asymmetries, externalities and public goods.

Core Documentation

Frank R.H. e Cartwright E., Microeconomia, Mc Graw-Hill, 7a edizione, 2017.

Type of delivery of the course

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Attendance

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Type of evaluation

Each exam includes a written test and an oral exam, which will weigh equally on the final grade. The eventual rejection in one exam involves the exclusion from the following exam (if, for example, one is rejected in the first exam, one can come back to the third one, skipping the second one). The rationale behind this choice lies in the hypothesis that any failure in an exam can hardly be filled in the time span that separates two exam dates.

Canali

teacher profile | teaching materials

Programme

MICROECONOMICS
Prof. A. Trezzini

The Microeconomics course deals with the part of the economic analysis that has as its object the determination of the exchange value of individual goods, as well as the related problem of income distribution.
In the first part of the course the fundamental elements concerning the single productive processes and their mutual relations are exposed.
The second part of the course considers how the problem of the exchange value of goods and the distribution of the product has been dealt with within the theoretical framework of classical economists.
The third part of the course examines the basic elements of the marginalist microeconomics. The theory of production and firms in perfect competition and the theory of consumer and exchange are analysed.
The fourth part of the course is dedicated to theories of firm and individual industry in monopoly and oligopolistic conditions.
A fifth concluding part will be dedicated to a comparison between the two alternative approaches to the problems of value and distribution: the classic one and the marginalist one.

Core Documentation

Dispensa n.1 Elementi di teoria della produzione (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini)
Dispensa n.2 La teoria classica della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini) compresa l'Appendice A ed esclusa l'Appendice B.
Dispensa n.3 La teoria marginalista della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. S. Fratini) pagine 1-11
H.R.Varian, Microeconomia, Cafoscarina, settima edizione.


Reference Bibliography

H.R.Varian, Microeconomia, Cafoscarina, settima edizione.

Type of delivery of the course

Frontal lectures and traininig sessions

Attendance

Not compulsory

Type of evaluation

Written and oral examination

teacher profile | teaching materials

Programme

1. Introduction: Methods of economic analysis. Demand and supply. Price elasticity of demand. 2. Consumer theory: Preferences and utility. Consumer choice. Theory of demand. 3. Production theory: The production process. Costs minimization. Cost curves. 4. Market forms: Prefect competition. Monopolistic markets. Monopoly. Price discrimination. 5. Other topics: Game theory and strategic behavior. Risk and information. General equilibrium theory.

Core Documentation

David A. Besanko e Ronald R. Braeutigam, Microeconomia, McGraw-Hill Education, 2016.
Further material will be provided during classes through the course web-site.

Type of delivery of the course

Lectures and practice classes.

Attendance

I advice students to attend classes.

Type of evaluation

The exam consists of multiple choice questions, exercises and a short essay.

teacher profile | teaching materials

Programme

The first part of the course will introduce consumption and production theories. These theories are the fundamental components of equilibrium theory in perfectly and imperfectly competitive markets and in monopoly, and they will be analyzed in the second part of the course. The third and final part of the course will address issues such as the analysis of information asymmetries, externalities and public goods.

Core Documentation

Frank R.H. e Cartwright E., Microeconomia, Mc Graw-Hill, 7a edizione, 2017.

Type of delivery of the course

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Attendance

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Type of evaluation

Each exam includes a written test and an oral exam, which will weigh equally on the final grade. The eventual rejection in one exam involves the exclusion from the following exam (if, for example, one is rejected in the first exam, one can come back to the third one, skipping the second one). The rationale behind this choice lies in the hypothesis that any failure in an exam can hardly be filled in the time span that separates two exam dates.

Canali

teacher profile | teaching materials

Programme

MICROECONOMICS
Prof. A. Trezzini

The Microeconomics course deals with the part of the economic analysis that has as its object the determination of the exchange value of individual goods, as well as the related problem of income distribution.
In the first part of the course the fundamental elements concerning the single productive processes and their mutual relations are exposed.
The second part of the course considers how the problem of the exchange value of goods and the distribution of the product has been dealt with within the theoretical framework of classical economists.
The third part of the course examines the basic elements of the marginalist microeconomics. The theory of production and firms in perfect competition and the theory of consumer and exchange are analysed.
The fourth part of the course is dedicated to theories of firm and individual industry in monopoly and oligopolistic conditions.
A fifth concluding part will be dedicated to a comparison between the two alternative approaches to the problems of value and distribution: the classic one and the marginalist one.

Core Documentation

Dispensa n.1 Elementi di teoria della produzione (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini)
Dispensa n.2 La teoria classica della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini) compresa l'Appendice A ed esclusa l'Appendice B.
Dispensa n.3 La teoria marginalista della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. S. Fratini) pagine 1-11
H.R.Varian, Microeconomia, Cafoscarina, settima edizione.


Reference Bibliography

H.R.Varian, Microeconomia, Cafoscarina, settima edizione.

Type of delivery of the course

Frontal lectures and traininig sessions

Attendance

Not compulsory

Type of evaluation

Written and oral examination

teacher profile | teaching materials

Programme

1. Introduction: Methods of economic analysis. Demand and supply. Price elasticity of demand. 2. Consumer theory: Preferences and utility. Consumer choice. Theory of demand. 3. Production theory: The production process. Costs minimization. Cost curves. 4. Market forms: Prefect competition. Monopolistic markets. Monopoly. Price discrimination. 5. Other topics: Game theory and strategic behavior. Risk and information. General equilibrium theory.

Core Documentation

David A. Besanko e Ronald R. Braeutigam, Microeconomia, McGraw-Hill Education, 2016.
Further material will be provided during classes through the course web-site.

Type of delivery of the course

Lectures and practice classes.

Attendance

I advice students to attend classes.

Type of evaluation

The exam consists of multiple choice questions, exercises and a short essay.

teacher profile | teaching materials

Programme

The first part of the course will introduce consumption and production theories. These theories are the fundamental components of equilibrium theory in perfectly and imperfectly competitive markets and in monopoly, and they will be analyzed in the second part of the course. The third and final part of the course will address issues such as the analysis of information asymmetries, externalities and public goods.

Core Documentation

Frank R.H. e Cartwright E., Microeconomia, Mc Graw-Hill, 7a edizione, 2017.

Type of delivery of the course

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Attendance

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Type of evaluation

Each exam includes a written test and an oral exam, which will weigh equally on the final grade. The eventual rejection in one exam involves the exclusion from the following exam (if, for example, one is rejected in the first exam, one can come back to the third one, skipping the second one). The rationale behind this choice lies in the hypothesis that any failure in an exam can hardly be filled in the time span that separates two exam dates.

Canali

teacher profile | teaching materials

Programme

MICROECONOMICS
Prof. A. Trezzini

The Microeconomics course deals with the part of the economic analysis that has as its object the determination of the exchange value of individual goods, as well as the related problem of income distribution.
In the first part of the course the fundamental elements concerning the single productive processes and their mutual relations are exposed.
The second part of the course considers how the problem of the exchange value of goods and the distribution of the product has been dealt with within the theoretical framework of classical economists.
The third part of the course examines the basic elements of the marginalist microeconomics. The theory of production and firms in perfect competition and the theory of consumer and exchange are analysed.
The fourth part of the course is dedicated to theories of firm and individual industry in monopoly and oligopolistic conditions.
A fifth concluding part will be dedicated to a comparison between the two alternative approaches to the problems of value and distribution: the classic one and the marginalist one.

Core Documentation

Dispensa n.1 Elementi di teoria della produzione (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini)
Dispensa n.2 La teoria classica della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. Trezzini) compresa l'Appendice A ed esclusa l'Appendice B.
Dispensa n.3 La teoria marginalista della distribuzione e dei prezzi relativi (materiale didattico redatto dal Prof. R: Ciccone in collaborazione con il Dott. S. Fratini) pagine 1-11
H.R.Varian, Microeconomia, Cafoscarina, settima edizione.


Reference Bibliography

H.R.Varian, Microeconomia, Cafoscarina, settima edizione.

Type of delivery of the course

Frontal lectures and traininig sessions

Attendance

Not compulsory

Type of evaluation

Written and oral examination

teacher profile | teaching materials

Programme

1. Introduction: Methods of economic analysis. Demand and supply. Price elasticity of demand. 2. Consumer theory: Preferences and utility. Consumer choice. Theory of demand. 3. Production theory: The production process. Costs minimization. Cost curves. 4. Market forms: Prefect competition. Monopolistic markets. Monopoly. Price discrimination. 5. Other topics: Game theory and strategic behavior. Risk and information. General equilibrium theory.

Core Documentation

David A. Besanko e Ronald R. Braeutigam, Microeconomia, McGraw-Hill Education, 2016.
Further material will be provided during classes through the course web-site.

Type of delivery of the course

Lectures and practice classes.

Attendance

I advice students to attend classes.

Type of evaluation

The exam consists of multiple choice questions, exercises and a short essay.

teacher profile | teaching materials

Programme

The first part of the course will introduce consumption and production theories. These theories are the fundamental components of equilibrium theory in perfectly and imperfectly competitive markets and in monopoly, and they will be analyzed in the second part of the course. The third and final part of the course will address issues such as the analysis of information asymmetries, externalities and public goods.

Core Documentation

Frank R.H. e Cartwright E., Microeconomia, Mc Graw-Hill, 7a edizione, 2017.

Type of delivery of the course

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Attendance

Lectures and weekly workshops managed by Dr. Giovanni Carnazza g.carnazza@hotmail.it

Type of evaluation

Each exam includes a written test and an oral exam, which will weigh equally on the final grade. The eventual rejection in one exam involves the exclusion from the following exam (if, for example, one is rejected in the first exam, one can come back to the third one, skipping the second one). The rationale behind this choice lies in the hypothesis that any failure in an exam can hardly be filled in the time span that separates two exam dates.