Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2018/2019
Belonging course: 
Course of Bachelor's Degree Programme on BUSINESS ADMINISTRATION
Disciplinary sector: 
ECONOMICS (SECS-P/01)
Language: 
Italian
Credits: 
6
Year of study: 
3
Teachers: 
Cycle: 
Second semester
Hours of front activity: 
48

Language

Italian

Course description

The course aim is to provide the basic tools for the analysis of imperfectly competitive markets. At the end of the course the students should be able to combine the basic models and to apply them for the analysis of a variety of simple cases. Learning abilities: the student should demonstrate a good learning ability by being able to use and combine the different sources of information (lectures notes, the material posted on the course website, the exercise book, etc.).
Applying knowledge and understanding: the student should demonstrate to have learnt the basic microeconomics of the functioning of imperfect markets.
Communication abilities: the student is expected to give clear and in-depth answers to the questions of the written exam.

Prerequisites

Microeconomics, Mathematical economics

Syllabus

1) Perfect competition
2) Monopoly
3) Introduction to game theory and basic oligopoly models (Bertrand, Cournot, Hotelling)
4) Sequential Games and applications (Stackelberg, Free entry in Bertrand and Cournot models, Localization and prices in Hotelling model)

1) Perfect competition
2) Monopoly
3) Introduction to game theory and basic oligopoly models (Bertrand, Cournot, Hotelling)
4) Sequential Games and applications (Stackelberg, Free entry in Bertrand and Cournot models, Localization and prices in Hotelling model)

Teaching Methods

The course is organized into 3-frontal lectures per week (7 hours) (7 weeks in total). There are tutorials (12 hours) during which students will be asked to solve exercices. A worksheet is provided at the end of every week.

Textbooks

Salvadori N., D’Alessandro S., Fanelli D., Elementi di Economia Industriale, Giappichelli Editore, Torino, 2012.

Cabral L., Economia Industriale, Carocci, 2002.

Osborne M., An Introduction to Game Theory, Oxford University Press, 2004.

Learning assessment

Learning progression is monitored through the tutorials. The final exam consists in a compulsory written test comprising multiple choice test items and closed-ended questions.

More information