Teacher
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SENNI Saverio
(syllabus)
• Introduction: the use and models in economics • The market mechanism • Individual and aggregate demand • Individual and aggregate supply • Market equilibrium and its alterations • Substitute and complementary goods • Price and Income elasticity • The role of the public sector • The production function, • Types of production costs • Implicit, explicit and opportunity costs • Fixed and variable costs, average and marginal costs • Maximum profit in perfect competition • Externalities • Public goods
(reference books)
Gregory Mankiw, Essentials of Economics
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