Università degli Studi di Napoli "Parthenope"

Teaching schedule

Academic year: 
2021/2022
Partition: 
Cognomi A-L
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 provides the main economic concepts to analyse the behaviour of consumers and businesses, the functioning of markets, and the effects of state intervention in markets (taxation, subsidies to businesses).
Knowledge and understanding: the student must demonstrate the ability to analyse and analyse individual behaviours of consumers and firms, the functioning of competitive and non-competitive markets, and allocative properties of the market.
Ability to apply knowledge and understanding: students must demonstrate the ability to solve consumer and firm problems, analyse supply and demand, and comment on strategic interaction between individuals and/or firms.
Autonomy of judgment: the student must demonstrate that they have developed a critical ability to understand microeconomic issues through the application of theoretical models to real issues.
Communication skills: the student must be able to communicate results of the analysis using reports and diagrams; must be able to correctly use scientific language to analyse the choices of economic agents.
Learning skills: the student must be able to expand his knowledge by consulting both scientific texts and readings on microeconomic to undertake further studies with a high degree of autonomy.

Prerequisites

Knowledge of elementary algebra, ability to work with diagrams, elementary notions of mathematical analysis.

Syllabus

Block I: The first part of the program focuses on consumer theory. It will examine the concept of market equilibrium, fundamentals of consumer choice (budget constraint, consumer preferences, the utility function) the formal and graphical analysis of optimal consumer choice. Welfare effects attributable to price changes will be evaluated.
Block II: The second part of the program will examine Business Theory. It will introduce the basic concepts for modelling the objectives of enterprises and then proceed to cost analysis and revenue analysis. The study of enterprise technology, enterprise selection for cost minimization, and technology analysis in the short and long term will complete these lectures.
Block III: The third part of the course will examine the different market regimes (perfect competition, monopoly, oligopoly) and selected topics from: monopolistic competition, information asymmetries and the credit market, game theory, and decision-making under uncertainty.

I block: The market. Consumer choices. The demand curve and elasticity. Price changes and consumer welfare.
II block: The firm and production. The costs of the firm. Cost minimization.
III block: Equilibrium in competitive markets. The monopoly. The oligopoly.

Teaching Methods

Lectures and exercises

Textbooks

- “Microeconomia”, M. L. Katz, H. S. Rosen, W. Morgan, C. A. Bollino, VI edition, Mc Graw Hill.
- “Esercizi di Economia”, Marco Di Domizio. ARACNE.
- Slides and additional materials provided during the course.

Learning assessment

The verification of learning, during the course, will be based on moments of collective discussion and exercises.
At the end of the first block of lessons will be carried out an intercourse test, to assess the degree of learning structured in open questions and exercises. The time is 60 minutes. In the following exam session will be proposed to those who have passed the intercourse test a final partial exam on the remaining part of the program. N.B. the validity of the intercourse vote is related only to the summer session.
The final examination is based on a written test structured in open questions on the topics of the program and in numerical exercises and applications (only part II and III for those who have already sustained and passed with a sufficient evaluation the intercourse test).c
The time allotted for the test is 1 hour and 30 minutes. It is not allowed during the test the use of notes or texts relevant to the preparation, nor of computer supports (such as smartphones, tablets, PCs, etc.).
For those who have taken and passed (at least 18/30) the intercourse test, the overall assessment will be calculated as an average between the assessment of the intercourse test (50%) and the assessment of the final test (50%). Laude may be awarded if the student shows that he/she is able, in his/her answers, to go deeper into the topics.
To better assess preparation, an oral interview may also be conducted to complete the evaluation of the written test.

More information

Mutuazioni

  • Study course ECONOMIA E COMMERCIO - Training course in PERCORSO GENERICO