Training and Research
PhD Programme Courses/classes
This page shows the PhD course's training activities for the academic year 2024/2025. Further activities will be added during the year. Please check regularly for updates!
Introduction to Economics
Credits: 5
Language: English
Teacher: Roberto Ricciuti
Mathematics
Credits: 3.8
Language: English
Teacher: Andrea Mazzon
Probability
Credits: 7.5
Language: English
Teacher: Marco Minozzo
Mathematical Statistics
Credits: 5
Language: English
Teacher: Lorenzo Frattarolo, Claudia Di Caterina
Continuous Time Econometrics
Credits: 5
Language: English
Teacher: Chiara Amorino, Amorino Chiara, Cecilia Mancini
Macroeconomics I
Credits: 7.5
Language: English
Teacher: Khalid W A Shomali, Alessia Campolmi
Microeconomics 1
Credits: 7.5
Language: English
Teacher: Claudio Zoli, Martina Menon, Maurizio Malpede
Field Experiments
Credits: 1
Language: Italian
Teacher: Pol Campos
Game Theory
Credits: 5
Language: English
Teacher: Francesco De Sinopoli
Elements of Financial Risk Management
Credits: 2.5
Language: English
Teacher: Prof. Kim Christensen
Stochastic Optimization and Control
Credits: 5
Language: English
Teacher: Athena Picarelli
Financial Time Series
Credits: 5
Language: English
Teacher: Giuseppe Buccheri
Job Market Orientation
Credits: 1
Language: English
Teacher: Simone Quercia
Advice to Young Researchers
Credits: 4
Language: English
Teacher: Marco Piovesan
Finanza Matematica
Credits: 5
Language: English
Teacher: Guido Gazzani, Alessandro Gnoatto
Behavioral and Experimental Economics
Credits: 4
Language: English
Teacher: Simone Quercia, Maria Vittoria Levati, Marco Piovesan
Stochastic Processes in Finance
Credits: 5
Language: English
Teacher: Sara Svaluto Ferro
Inequality
Credits: 4
Language: English
Teacher: Francesco Andreoli, Claudio Zoli
Development economics
Credits: 4
Language: English
Teacher: Federico Perali
Health Economics
Credits: 4
Language: English
Teacher: Paolo Pertile
Political Economy
Credits: 4
Language: English
Teacher: Emanuele Bracco, Roberto Ricciuti
Quantitative research methods
Credits: 6.8
Language: English
Teacher: Luca Grassetti, Francesca Visintin, Laura Pagani
Microeconomics 1 (2024/2025)
Academic staff
Referent
Credits
7.5
Language
English
Class attendance
Free Choice
Location
VERONA
Learning objectives
The aim of the course is to provide students with the main analytical tools to develop microeconomic analysis.
At the end of the course students should be able to apply the relevant mathematical technique for the analysis of consumption, production and choices under risk and develop a critical assessment of theoretical research on these subject.
Prerequisites and basic notions
Preliminary knowledge of basic microeconomics and elements of mathematical methods for economis.
Program
The course provides students with the main notions of microeconomic theory characterizing the first part of an advanced course on the subject. In particular, it is organized in three main parts:
1) Theory of consumer’s behaviour and welfare,
2) Theory of production,
3) Choices under uncertainty.
The approach is formal and mathematical, and is aimed not only at delivering the main elements of microeconomic theory but also at providing students with the necessary tools to address theoretical problems grounded in choice theory. Basic mathematical concepts and familiarity with logical and abstract reasoning are therefore a prerequisite of this course. Lectures will be supplemented by exercise classes to further develop the technical skills required.
Attention will also be played to place in context the analysis with possible applications of the concepts discussed for theoretical research or for policy analysis. Detailed references will be provided during the lectures.
Bibliography
Didactic methods
The course activities involve 30 hours of lessons and 12 hours of exercise classes.
Learning assessment procedures
Written exams with separate questions on the three parts covered on the course
Assessment
The written exam will evaluate the logical, expository and analytical skills relating to the topics covered in the course.
Criteria for the composition of the final grade
The final mark will be an average of the evaluation of each of the different parts of the course
Scheduled Lessons
| When | Classroom | Teacher | topics |
|---|---|---|---|
|
Friday 08 November 2024 11:00 - 13:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 1 Zoli: Introduction to preferences and choice Binary relations. Strict and weak preferences. Axioms and representations of preferences. |
|
Monday 11 November 2024 11:00 - 13:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 2 Zoli: Representation of preferences Relations between preferences, set of alternatives and choices. Properties of utility functions. |
|
Monday 11 November 2024 14:00 - 16:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 3 Zoli: Properties of utility functions Introduction to choices under risk Lotteries and preferences Theorems of representation. |
|
Tuesday 12 November 2024 14:00 - 17:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 4 Zoli: Introduction to choices under risk VNM expected utility. Allais paradox and violation of independence. Risk aversion, definition and implications. Risk premium. |
|
Friday 15 November 2024 11:00 - 13:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 5 Zoli Expected utility (continued) Risk aversion. Degrees of risk aversion. Arrow-Pratt index of local risk aversion. Constant-increasing-decreasing risk aversion. |
|
Monday 18 November 2024 10:00 - 13:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 6 Zoli: Firms and production. Transformation frontier, transformation function and marginal rate of transformation. Properties of production set. Inputs outputs and netputs. Returns to scale. Profit maximization: many inputs and outputs. Supply function. Profit maximization: unconditional factor demands and supply function. |
|
Monday 18 November 2024 14:00 - 16:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 7 Zoli Profit maximization (continues): unconditional factor demands and supply function. Production. Cost minimization: conditional factor demands and cost function Properties of supply function, profit function, factor demands and cost function. |
|
Friday 22 November 2024 11:00 - 13:00 Duration: 2:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Claudio Zoli | Lecture 8 Zoli Production. Duality in production and analogies with duality in consumption. Hotelling’s Lemma, Shephard’s Lemma. The role of the Envelope theorem in Economics. Applications to duality. |
|
Monday 25 November 2024 10:00 - 13:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Martina Menon | Consumption theory: consumption set, budget constraint, income and price changes and changes of the budget line, non-linear budget line |
|
Monday 25 November 2024 14:00 - 17:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Martina Menon | Consumption theory: interpretation of preferences axioms, graphical representation of preferences (indifference curves), properties of the indifference curves, example of indifference curves (perfect substitutes, perfect complements, well-behaved preferences, quasi linear preferences), the utility maximization problem, Marshallian demand equations |
|
Thursday 28 November 2024 14:00 - 17:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Martina Menon | Consumption theory: properties of Marshalian demand function, comparative statics (income effect (normal and inferior goods) price effects (ordinary and Giffen goods)), indirect utility function and its properties, example of UMP with well-behaved preferences. |
|
Wednesday 04 December 2024 14:00 - 17:00 Duration: 3:00 AM |
Polo Santa Marta - Sala Andrea Vaona (DSE) [1.59 - 1] | Martina Menon | Consumption theory: expenditure minimization problem, properties of Hicksian demand functions, properties of the expenditure function, relationship between primal and dual programs, Slutsky equation, Integrability, Welfare analysis |
