MICROECONOMICS A - L

(1) Introduction to economics, (2-3) Market demand and supply functions, (4-5) Consumer’s rational choice, (6) individual demand function, (7) Income and substitution effects due to price change, (8) Consumer surplus, (9) Application: individual labour supply, (11) Application: savings supply, (12) Production theory, (12-13) Cost functions, (14) Firm under perfect competition conditions; individual supply function, (15) Perfectly competitive markets in the short and long run, (16) Regulation of perfectly competitive markets; (17-18) General equilibrium models in perfect competition and welfare economics, (19-20) Monopoly (21) Monopolistically competitive market, (22-23-24) Oligopoly models (Cournot, Bertrand, Stackelberg, cartel), (25) Basics of game theory,  (26-27) Risk and uncertainty, (28-30) Market failures (introduction): public goods and externality.

The reference textbook is:  PINDYCK R. S. - RUBINFELD D. L., Microeconomics, Pearson Education, 2013 or subsequent edition (please, contact the instructor for details about Sections to skip, namely Chs14, 17 and 19) [in English]. - A "custom" (reduced and in black&white) edition is available in Italian.

As an alternative: M. KATZ, H. ROSEN, W. MORGAN, Microeconomics, McGrawHill international, 2011 or subsequent; (without Ch. 16 or 17, according to different editions: please contact the istructor for details) [in English or in Italian] or FRANK R., Microeconomics, McGraw Hill international (Chs. 7, 8 and part of 14 can be omitted; Plese contact the instructor for details) [in English or in Italian] or B. D. BERNHEIM - L. D. WHINSTON, Microeconomics, last edition McGraw Hill international (please, contact the instructor for details about Sections to skip) [in English or in Italian].