Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2020/2021
Partition: 
Cognomi M-Z
Teaching: 
Belonging course: 
Course of Bachelor's Degree Programme on INTERNATIONAL BUSINESS ADMINISTRATION AND MANAGEMENT
Disciplinary sector: 
ECONOMICS (SECS-P/01)
Credits: 
9
Year of study: 
1
Teachers: 
Cycle: 
Second semester

Language

Italian

Course description

Learning objectives: Students will learn to analyze the individual consumption and production choices in the different institutional context, including uncertainty. They will also learn how to analyze the different market structures and their impact on allocative efficiency. The course provides skills and tools for the theoretical and empirical analysis of the features of markets and the functioning of modern economies.

Expected learning outcomes

Knowledge and understanding: Students learn the tools and methodologies for the design and execution of microeconomic analysis.

Applying knowledge and understanding: At the end of the course, students will know how to use models to describe the behavior and decision-making processes of businesses and individuals, to characterize the functioning of the markets, and to appraise the role of the state in economic choices.

Making judgments: Students learn how to analyze decision-making processes typical of complex organizational systems and how to appraise them.

Communication: Students learn how to discuss microeconomic issues precisely and clearly both with economists and laymen.

Lifelong learning skills: Students learn the skills needed to deepen specific topics and to acquire new competences in master programs in Italy and abroad.

Prerequisites

Basic calculus (functions, differential calculus, optimization).

Syllabus

Learning objectives: Students will learn to analyze the individual consumption and production choices in the different institutional context, including uncertainty. They will also learn how to analyze the different market structures and their impact on allocative efficiency. The course provides skills and tools for the theoretical and empirical analysis of the features of markets and the functioning of modern economies.
Prerequisites: Basic calculus (functions, differential calculus, optimization).

Study Program/Contents:
Topics of the course include: The Theory of Consumer Behavior; Rational Consumer Choice; Individual and Market Demand; The Economics of Information and Choice under Uncertainty; The Theory of the Firm and Market Structure; Theory of Production; Costs; Perfect Competition; Monopoly; Imperfect Competition; Input markets; Externalities, Public Good, and Welfare Externalities, Property Rights, and the Coase Theorem.

Course organization: Lectures and practice sessions

Learning assessment: The assessment is based on a written examination composed of thematic questions aimed at evaluating the actual achievement of the objectives on part the students. In order to evaluate the depth in understanding general theoretical knowledge, the class work includes open questions on the program’s topics. In their answers the students should be able to show and illustrate the fundamental concepts acquired during their studies. An oral examination can also be held, in case the teacher judges it useful to better ascertain the student’s knowledge. The vote of the oral examination is expressed in scale from 0 to 30, and it is averaged with the vote of written examination (equal weighting) in order to determine the final vote. Overall, the assessment evaluates, with equal weighting, all the expected learning outcomes of the student.
Suggested readings:
Frank-Cartwright Microeconomia 3/ed (English) – McGrawHill

Topics of the course include: The Theory of Consumer Behavior; Rational Consumer Choice; Individual and Market Demand; The Economics of Information and Choice under Uncertainty; The Theory of the Firm and Market Structure; Theory of Production; Costs; Perfect Competition; Monopoly; Imperfect Competition; Input markets; Externalities, Public Good, and Welfare Externalities, Property Rights, and the Coase Theorem.

Teaching Methods

Lectures and practice sessions

Textbooks

Frank-Cartwright Microeconomia 3/ed (English) – McGrawHill
https://www.mheducation.co.uk/microeconomics-and-behaviour-3e-9781526847...

Learning assessment

The assessment is based on a written examination composed of thematic questions aimed at evaluating the actual achievement of the objectives on part the students. In order to evaluate the depth in understanding general theoretical knowledge, the class work includes open questions on the program’s topics. In their answers the students should be able to show and illustrate the fundamental concepts acquired during their studies. An oral examination can also be held, in case the teacher judges it useful to better ascertain the student’s knowledge. The vote of the oral examination is expressed in scale from 0 to 30, and it is averaged with the vote of written examination (equal weighting) in order to determine the final vote. Overall, the assessment evaluates, with equal weighting, all the expected learning outcomes of the student.

More information

Course web (materials):
https://elearning.uniparthenope.it/course/view.php?id=1823

Teams code: ipu4wxg