Unit ECONOMIC PRINCIPLES
- Course
- Economics and culture of human nutrition
- Study-unit Code
- GP000461
- Curriculum
- In all curricula
- Teacher
- Gaetano Martino
- Teachers
-
- Gaetano Martino
- Hours
- 54 ore - Gaetano Martino
- CFU
- 6
- Course Regulation
- Coorte 2023
- Offered
- 2023/24
- Learning activities
- Caratterizzante
- Area
- Discipline economiche e giuridiche
- Academic discipline
- AGR/01
- Type of study-unit
- Obbligatorio (Required)
- Type of learning activities
- Attività formativa monodisciplinare
- Language of instruction
- Italian
- Contents
- Introduction to economic science (various definition). Microeconomic theory of consumption. Theory of production (short period and long period). Welfare economics (from Paretian point of view and by considering effects of public goods on equilibrium). Structures and failures of markets
- Reference texts
- "Introduzione all'economia", Edoardo Gaffeo - Luigi Mittone - Roberto Tamborini,
Editore Zanichelli. Second edition - Educational objectives
- .Questo insegnamento è concepito per fornire agli studenti una conoscenza di fondo circa la logica del pensiero economico e i fondamenti concettuali necessari alla comprensione dei principali fenomeni microeconomici e macroeconomici. In particolare questi fenomeni si possono così riassumere: comportamento del consumatore, comportamento del produttore (breve periodo e lungo periodo), forme di mercato e posizioni di equilibrio delle imprese in ciascuna forma di mercato.
- Prerequisites
- The prerequisites for the course are the notions of mathematics learned by the students in the high school
- Teaching methods
- Face-to-face lessons and practical training (in room)
- Other information
- None
- Learning verification modality
- .La prova di esame finale è in forma orale. Nel corso del semestre di svolgimento dell’insegnamento sono previsti test di autovalutazione intermedi, su parti specifiche e progressive del programma, finalizzati prevalentemente a favorire un’adeguata preparazione all’esame finale.
- Extended program
- .Introduction to economic science (various definition).
Microeconomic theory of consumption: notion of need, notion of consumption, notion of good, marginal and total utility, indifference curve, budget constraint, consumer equilibrium, income effect and sustitution effect, normal goods and Giffen's goods, Engel's Law.
Theory of production: notion of production, production function, isoquant, types of isoquant, budget constraint of producer, producer equilibrium (long period), total cost, total fixed cost, total variable cost, average total cost, average fixed cost, average variable cost, marginal cost. Marginal and total product (one variable factor), producer equilibrium (short period).
Welfare economics: social optimum of production, social optimum of consumption, optimal mix of production, Pareto's Theorems, public goods, equilibrium of Lindhal-Samuelson, free-raiding problem.
Structures and failures of markets: perfect competiton (web theorem), monopolistic competition, types of ologopoly, monopoly.
Introduction to National accounting