Course level: Undergraduate
Ca' Foscari University of Venice
This first year course within the curriculum “Economics, Markets and Finance” of the Bachelor in Economics and Business is a fundamental course in the economic area. The objective of the course is to introduce students to microeconomic reasoning and the basic principles of microeconomics are thus presented. In particular, after introducing the notion of market equilibrium as the crossing point between demand and supply, the demand is derived starting from consumer choices in various contexts and the supply is derived starting from optimal strategies of the firms with reference to their cost structures and the characteristics of the markets in which they operate. The course addresses both perfect and imperfect competition.