MICROECONOMICS-2

Academic year
2017/2018 Syllabus of previous years
Official course title
ECONOMIA POLITICA - 2
Course code
ET0031 (AF:257960 AR:149724)
Modality
On campus classes
ECTS credits
6 out of 12 of POLITICAL ECONOMICS
Subdivision
Degree level
Bachelor's Degree Programme
Educational sector code
SECS-P/01
Period
4th Term
Course year
1
Where
VENEZIA
Moodle
Go to Moodle page
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

- Profit maximization for price-taking firms
- Competitive equilibrium
- Market intervention: taxes and subsidies, price floors
- 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 of the course please consult the web-page related to Principles of Economics 1.
Referral texts
D. Bernheim e M. Whinston, Microeconomia, Mc-Graw Hill Italia, III Edizione 2017.

M.C. Molinari, Esercizi di Economia Politica, Cafoscarina, Seconda Edizione 2016.
Type of exam
written
Assessment methods
written exam and non compulsory homeworks during the course
Teaching methods
standard
Teaching language
Italian
Other
Students are strongly encouraged to actively attend classes and solve 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
Last update of the programme
30/06/2017