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ADVANCED MICROECONOMICS
PAOLO SCAPPARONE
Academic year2020/21
CourseECONOMICS
Code259PP
Credits12
PeriodSemester 2
LanguageEnglish

ModulesAreaTypeHoursTeacher(s)
ADVANCED MICROECONOMICS SECS-P/01LEZIONI84
PIER MARIO PACINI unimap
NERI SALVADORI unimap
PAOLO SCAPPARONE unimap
Learning outcomes
Knowledge

Students are expected to acquire - the tools and concepts to understand and represent individual behaviour both as consumption units, investors and firms, in certain, uncertain and strategic environments - the tools and concepts to understand and represent the working of single markets, in conditions of perfect and imperfect competition and the basic tools for intervention and regulation - the tools and concepts to understand and interpret the working of the whole economy, its properties and limitations - ability to solve problems conceerning individual and market behaviour - critical and selective capacity to apply the above tools to analyze, interpret and represent real phenomena from the microeconomic point of view - ability to autonomously read and understand advanced textbooks and academic articles at the frontier of economic literature in the field of microeconomics.

Assessment criteria of knowledge

The student will be assessed on - his/her demonstrated ability to discuss the main course contents using appropriate terminology, proper concepts and rigorous thinking. - his/her demonstrated ability to solve simple problems concerning the main contents of the course, applying the appropriate tools.

Methods:

  • Final written exam
Teaching methods

Delivery: face to face

Learning activities:

  • attending lectures
  • individual study

Attendance: Advised

Teaching methods:

  • Lectures
  • Task-based learning/problem-based learning/inquiry-based learning
Syllabus

Neoclassical consumer theory - Duality - Revealed preferences Aggregation theory Choices under uncertainty Production theory - short and long run Strategic decisions and game theory Imperfectly competitive markets Perfectly competitive markets - short and lung run General equilibrium theory

Bibliography

- Jehle and Reny (2011), Advanced Microeconomic Theory. 3rd Ed. Prentice Hall. - Mas-Colell, Whinston, and Green (1995), Microeconomic Theory, OUP. Optional reading includes the following works; Varian (1992), Microeconomic Analysis 3rd ed., Norton Further bibliography will be indicated.

Updated: 12/02/2021 09:15