30325 - INTRODUCTION TO ECONOMICS (MODULE I - MICROECONOMICS)
Course taught in English
Go to class group/s: 23
This course introduces the main issues of individual economic behavior with a reference to consumers and firms, and the analysis of competitive and non-competitive markets. Presenting and discussing the different topics, through exercises and classes and through the discussion of actual cases, the student is able to understand many problems of the functioning of the markets. Students also receive an introduction to game theory, with an emphasis on applications in political science. Finally, this course provides also the background to understand the aggregate models of the whole economy.
- Consumer choice.
- Theory of the firm: technology and production.
- The competitive model.
- Market power: monopoly.
- Externalities and public goods.
- Introduction to game theory.
- Applications of game theory to economics: oligopoly and auctions.
- Applications of game theory to political science: elections and bargaining.
- Asymmetric information.
It is possible to do two partial exams, one midway through the term and one at the end of the term.
D. ACEMOGLU, D. LAIBSON, J. LIST, Microeconomics, Pearson, 2015.