MICROECONOMICS, SECOND PART

Degree course: 
Corso di First cycle degree in ECONOMICS AND MANAGEMENT
Academic year when starting the degree: 
2021/2022
Year: 
2
Academic year in which the course will be held: 
2022/2023
Course type: 
Compulsory subjects, characteristic of the class
Seat of the course: 
Varese - Università degli Studi dell'Insubria
Language: 
Italian
Credits: 
6
Period: 
First Trimestre
Standard lectures hours: 
50
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (10 hours)
Requirements: 

Microeconomics I.

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

Assessment: 
Voto Finale

The course Microeconomics II continues the course Microeconomics I. The course presents the main concepts, tools, and theories for analyzing the decision making of economic agents, and their interaction through markets, both competitive and non-competitive. At the end of the course, the student will be able to understand the key features of economic decision making and the main problems concerning the functioning of markets.

COURSE CONTENT
The course addresses the following topics:
Choice under risk and in strategic settings
The analysis of competitive markets: equilibrium, efficiency, intervention.
The analysis of non-competitive markets: monopoly.
Externalities.
Asymmetric information.

Choices Involving Risk: B&W, ch. 10
Choices Involving Strategy: B&W, ch. 11
Behavioral Economics: B&W, ch. 12
Equilibrium and Efficiency: B&W, ch. 13
Market Interventions: B&W, ch. 14
Monopoly: B&W, ch. 16
Externalities: B&W, ch. 19
Asymmetric Information: lectures notes

Convenzionale

Lectures and tutorials in presence.

Additional teaching materials can be found in the e-learning webspace of the course.

Professors