Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2018/2019
Partition: 
Cognomi M-Z
Teaching: 
Belonging course: 
Course of Bachelor's Degree Programme on ECONOMICS AND BUSINESS
Disciplinary sector: 
ECONOMICS (SECS-P/01)
Credits: 
9
Year of study: 
1
Teachers: 
Cycle: 
Second semester

Language

Italian

Course description

The course aims to provide the basics of microeconomics.

Expected learning outcomes

Knowledge and understanding: The student should be able to analyze and interpret individual consumer and firms’ behaviors, the workings of competitive and non-competitive markets, as well as theri allocative properties.
Applying knowledge and understanding: The student should be able to solve problems of optimal choice for consumer and firms, analyze market demand and supply and comment on strategic interaction between individuals and / or firms.

Making judgments: the student should develop a critical ability to independently assess the terms of debates of microeconomic relevance by applying theoretical models to real issues.
Communication The student should be able to communicate with the aid of synthetic reports and charts; she should be able to use the scientific language correctly to analyze microeconomic issues.

Lifelong learning skills: Students should be able to update their knowledge by consulting both scientific texts and official documents of entities dealing with microeconomic issues so as to acquire the ability to attend further classes.

Prerequisites

None, a good grasp of the basic tools of graphical analysis, and basic knowledge of the mathematical concepts underlying the processes of optimization are useful.

Syllabus

I MODULE:
The first part of the program focuses on consumer theory. The concept of market equilibrium, the foundations of consumer choice (budget constraint, consumer preferences, utility function) will be considered.
II MODULE:
The second part of the program will examine the Theory of firm. The basic concepts for modeling the firm’s objectives will be introduced, to proceed then with cost analysis and revenue analysis. The study of enterprise technology in graphical and analytical terms (marginal rate of substitution, isoquants) and the analysis of technology in short and long run will complement this part of the lessons.
III MODULE:
The third part of the course will look at the different market regimes (perfect competition, monopoly) and some selected topics: information asymmetries and credit market, electronic commerce and market forms; game theory; general equlibrium.

Consumption theory, firms , markets. Special topics: market power, asymmetric information, game theory, externalities and public goods.

Teaching Methods

Lectures, classroom discussions of official documents by economic and financial institutions, on policy decisions related to the themes of study, exercies.

Textbooks

Microeconomia, M. L. Katz, H. S. Rosen, W. Morgan, C. A. Bollino, Mc Graw Hill.
Slides with additional material are available on e-learning portal
Additional reading will be provided during the course.
For exercises: M. Di Domizio, Esercizi di Economia, Aracne, 2008

Learning assessment

The assessment during the course, will be based on the moments of collective discussion and assignments at home. At the end of the course there will be a final test, structured in open questions on program topics and exercises for the most applicative aspects. When answering questions, students will have to be able to demonstrate the basic concepts learned during their study and to find them contextualized in application cases.
The vote is expressed in scale from 0 to 30.

More information

There are additional materilas on the elearning platform, blended