### Course Syllabus

### Obiettivi formativi

### Contenuti sintetici

### Programma esteso

### Prerequisiti

### Metodi didattici

### Modalità di verifica dell'apprendimento

### Testi di riferimento

### Periodo di erogazione dell’insegnamento

### Lingua di insegnamento

### Learning objectives

The course is an introduction to advanced microeconomic analysis. Topics will be covered in a rigourous formalised way but with continuous reference to economic intuition and graphic tools.

Students will familiarise with instruments that are the building blocks of economic theory and that they will encounter in future courses.

### Contents

-Choice and Demand

-Uncertainty and Strategy

-Production and Supply

-Competitive Markets

-Market Failures

### Detailed program

1) CHOICE AND DEMAND

- Preferences and Utility
- Utility Maximization and Choice
- Income and Substitution Effects
- Demand Relationships among Goods

- Uncertainty
- Game Theory

- Production Functions
- Cost Functions
- Profit Maximization

- The Partial Equilibrium Competitive Model
- General Equilibrium and Welfare

- Asymmetric Information
- Externalities and Public Goods

### Prerequisites

This course in microeconomics relies on graphical analysis, elementary algebra as well as basic calculus. Hence some mathematical prerequisite are needed (references will be provided)

### Teaching methods

The course consists of 42 lecture hours. Strong interaction between teacher and students is expected. The course also benefits from the application of the relevant concepts through targeted exercises.

Slides of lectures will be posted on the elearning page, as well as tutorials.### Assessment methods

Written exam. Duration: approximately 1,5 hours (more details will follow)

No midterm exam.

### Textbooks and Reading Materials

Walter Nicholson and Christopher Snyder

Microeconomic Theory: Basic Principles and Extensions, 12th Edition

(Cengage Learning)

### Semester

### Teaching language

english

### Key information

- Field of research
- SECS-P/01
- CFU
- 6
- Term
- Primo Semestre
- Activity type
- Obbligatorio
- Course Length (Hours)
- 42
- Degree Course Type
- Corso di Laurea Magistrale