Course level: Undergraduate
Ca' Foscari University of Venice
Microeconomics studies how individuals, firms, the government, and other organizations make choices given the options available to them and how their decisions determine market prices and the allocation of society’s resources. The main objective of the course is to make students familiar with the economical way of thinking. We will cover the basic concepts and analytical tools of microeconomics and show how they can be used to understand a broad range of real-world problems. We will analyze both firms’ and consumers’ behavior, market equilibria, principles of game theory and the role of the government in the economy.