MICROECONOMICS-2

Academic year 2015/2016 Syllabus of previous years
Official course title ECONOMIA POLITICA - 2
Course code ET0031 (AF:213666 AR:101012)
Modality Frontal Lesson
ECTS credits 6 out of 12 of POLITICAL ECONOMICS
Subdivision Surnames Dl-Pas
Degree level Bachelor's Degree Programme
Educational sector code SECS-P/01
Period 4th Term
Course year 1
Where VENEZIA
Course objectives
The objective of this course is to introduce students to economic reasoning. The basic principles of economics will be presented. In particular, after introducing the notion of market equilibrium as the crossing point between demand and supply, consumer choices in various contexts and the optimal strategies of the firms with reference to their cost structures and the characteristics of the markets in which they operate will be analyzed.
Pre-requirements
Mathematics
Contents
The whole course (12 CFU) is composed of two parts:

SECOND PART

- Competitive equilibrium
- Market intervention: taxes and subsidies, price floors
- General equilibrium in a pure exchange economy
- Monopoly: equilibrium and deadweight loss. Regulation
- Pricing policies: perfect price discrimination, two-part tariffs, multimarket discrimination.
- Game theory: dominance and Nash equilibrium, dynamic games.
- Oligopoly: Bertrand, Cournot and Stackelberg models, collusion.

For the first part please consult the web-page related to Principles of Economics 1.
Referral texts
D. Bernheim and M. Whinston, Microeconomia, Mc-Graw Hill Italia, 2009.
Chapters: 1-9.2 (except 9.1), 11 (except 11.2.2-3), 13 (except 13.3.4), 14 (except 14.2.2-3-4), 15 (except 15.4.1-2 e 15.5), 16, 17, 18 (except 18.6, 18.7). Appendix: 5A.

M.C. Molinari, Esercizi di Economia Politica, Cafoscarina, 2011 (new edition).
Exercises: chapters 1-8. Integrations: chapters 10-12.
Type of exam
written
Teaching methods
Conventional
Teaching language
Italian
Other
Students are strongly encouraged to actively follow the course, attending classes and solving the exercises assigned every week.
Sustainability
  • Course with sustainable contents
  • University credits of sustainability: 1
  • Lecture notes, material for reference or for self-assessment available online or as e-book
  • E-learning, moodle platforms