Laurea in Matematica Applicata

Microeconomics (2011/2012)

Course code 4S00239 Teacher Martina Menon Coordinator Martina Menon training credits 6 Disciplinary sector SECS-P/01 - Political Economics Teaching language Italian Period II semestre dal Mar 1, 2012 al Jun 15, 2012.

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Lecture timetable

Educational objectives

Aim of the course is to provide students with the basis of economic theory. Lectures will cover the following topics: 1) consumer theory, 2) firm theory, 3) market structures (perfect competition, monopoly and oligopoly) and 4) game theory.

Syllabus

1. Consumer choice
a. Preference and choice
i. Preference relations and utility functions
ii. Choice rules and budget sets
iii. Individual demand and reveald preference
b. Axiomatic treatment of preferences
i. Assumptions regarding preferences
ii. Equivalence of preferences and ordinal utility
iii. Existence of utility functions
iv. The relationship between rational preferences and utility functions
c. Lagrange multipliers and Constrained Optimization
d. Demand Behaviour
i. Utility maximization
ii. Expenditure Minimization
iii. Duality
iv. Indirect utility function
v. Comparative statics: substitution effects, income effect, Slutsky equation

2. Theory of the firm
3. Market
4. Game theory

Exam methods

Tow-hour examination

Statistics on students' past performance (Art. 2 del D.M. 31/10/2007, n. 544)

Data from AA 2011/2012 are not available yet