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•GUIDA ECONOMIA 07-08 - Università degli studi di Udine

•GUIDA ECONOMIA 07-08 - Università degli studi di Udine

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226 prospectus u<strong>di</strong>ne<br />

(Chapter 21); Firm supply (Chapter 22);<br />

Industry supply (Chapter 23); Monopoly<br />

(Chapter 24); Monopoly behaviour (Chapter<br />

25); Oligopoly (Chapter 27).<br />

Bibliography<br />

- H.R. VARIAN, Interme<strong>di</strong>ate micoreconomics,<br />

Norton, New York, 1999.<br />

MICROECONOMICS<br />

ADVANCED COURSE<br />

Prof.ssa Clara Graziano<br />

Aims<br />

To provide the student with a good<br />

knowledge of microeconomic theory at<br />

an advanced level. The course topics deal<br />

primarily with company theory, consumer<br />

theory and the pricing mechanism<br />

in imperfectly competitive markets.<br />

Contents<br />

I Module<br />

Technology<br />

Profit maximization<br />

Profit function<br />

Cost minimization<br />

Cost function<br />

Utility maximization<br />

Choice<br />

Midterm exam.<br />

II Module<br />

Demand<br />

Consumer surplus<br />

Uncertainty<br />

Competitive markets<br />

Monopoly<br />

Oligopoly<br />

Exchange<br />

Final Exam.<br />

Bibliography<br />

Textbooks will be recommended during<br />

the course.<br />

Evaluation<br />

Paper presentation 30%, midterm and<br />

final exams 70%.<br />

MONETARY POLICY<br />

Prof.ssa Patrizia Tiberi<br />

Aims<br />

To supply evaluation procedures on the<br />

role of the State in managing the economy,<br />

both in the short and in the long run,<br />

stressing the scope of Monetary Policy in<br />

terms of targets and instruments. The<br />

structure and functioning of the Institutions<br />

built to this purpose are <strong>stu<strong>di</strong></strong>ed in<br />

the final part of the course, paying particular<br />

attention to the role of the Central<br />

European Bank.<br />

Contents<br />

Theoretical lectures on the effects and the<br />

scope of Economic Policy, in particular of<br />

Monetary Policy, will be coupled with<br />

other lectures, more empirically oriented,<br />

dealing with the role of the most important<br />

Institutions (in particular the ECB).<br />

As an introduction, some tutorials will<br />

create a link between Macroeconomics<br />

and Economic Policy, adopting a ‘problem<br />

solving’ perspective, in connection<br />

with contemporary issues. In the final<br />

part of the course, some applied topics<br />

will be chosen to develop a <strong>di</strong>scussion on<br />

relevant themes for Monetary Policy.<br />

After considering the main instruments<br />

and methods of Monetary Policy, in a<br />

general framework, particular attention<br />

will be given to EU integration with a<br />

focus on EU enlargment. To conclude,<br />

the role of the ECB will be <strong>stu<strong>di</strong></strong>ed, both<br />

in terms of scope and capacity to deal<br />

with financial and monetary issues.<br />

Pre-requisites<br />

Macroeconomics; Economic Policy.

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