09446 - Microeconomics (M-Z)

Learning outcomes

Upon completion of the course, the student will have a solid understanding of basic microeconomic theory and will be able to engage in economic and political discussions with accuracy and independent judgment. Specifically, the student will: understand decision theory under conditions of certainty, uncertainty, and strategic interaction; have a clear grasp of how different market structures operate and be able to assess their efficiency; and understand the issue of market failures and the potential solutions.

Course contents

1. Market equilibrium and efficiency

2. Consumer choices

3. Production choices and perfect competition

4. Strategic interaction

5. Externalities and regulation

6. Public goods and common resources

7. Asymmetric information

8. Monopoly

9. Oligopoly

Readings/Bibliography

Krugman and Wells, Microeconomics, Zanichelli (Second Italian Edition). The specific chapters are outlined in the detailed syllabus available on Virtuale.

Lecture slides presented in class.

Teaching methods

Frontal lectures and tutorials

Assessment methods

There will be three partial written exams, each covering specific topics from the course. A final written exam, which will cover the entire syllabus, is also planned. More details can be found in the detailed syllabus available on Virtuale.

Teaching tools

Dedicated course website available on Virtuale.

Office hours

See the website of Riccardo Ghidoni