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MICROECONOMICS, FIRST PART

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academic year when starting the degree: 
2021/2022
Year: 
1
Academic year in which the course will be held: 
2021/2022
Course type: 
Compulsory subjects, characteristic of the class
Seat of the course: 
Varese - Università degli Studi dell'Insubria
Language: 
Italian
Credits: 
6
Period: 
Third Trimestre
Standard lectures hours: 
50
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (10 hours)
Requirements: 

None.

Students are evaluated according to a written exam.
3 exercises.
Time to write each exam: 60 minutes.

Assessment: 
Voto Finale

The Microeconomics I course introduces the main concepts, tools, and theories for analyzing the decision making of economic agents (consumers and producers). At the end of the course, the student will be able to understand the key features of economic decision making.

The course addresses the following topics:

Consumer choice.
Intertemporal decision making.
Decision making under uncertainty
Production.
Profit maximisation.
Asymmetric information.

Preliminaries: Bernheim & Whinston (B&W), ch. 1
Supply and Demand: B&W, ch. 2
Consumer Preferences: B&W, ch. 3
Constraints, Choices, and Demand: B&W, ch. 4
Demand and Welfare: B&W, ch. 5
Choices Involving Time: B&W, ch. 9
Technology and production: B&W, ch. 6
Cost: B&W, ch. 7
Profit Maximization: B&W, ch. 8

• Textbook: B.D. Bernheim e M.D. Whinston, Microeconomia, terza edizione, MacGraw-Hill, customised edition for Università dell'Insubria.
• Slides and exercises provided by the instructors.

Convenzionale

Lectures and tutorials in presence, blended via Teams

Additional teaching materials can be found on the e-learning platform of the course.

Professors

GAMBA ASTRID
CONGIU LUCA