Course

English

ADM4014 - Applied Microeconomic Theory


Credit hours

In-class work
per week
Practice
per week
Credits
Duration
Total
2
2
8
15 weeks
120 hours

Instructor
Joao Gomes Martines Filho

Objective
To provide theoretical and practical knowledge of the price formation process in a market economy under perfect and imperfect competition. The elaborated instrument allows the student to have the ability to analyze applied microeconomic problems and help managers in their decision making, allowing for the design and understanding of public policy and allowing an understanding of how the modern economy works.

Content
DATE ACTIVITIES TOPIC CHAPTERS Besanko
Week 1 Supply and Demand Market Chapter 2 BE
Week 2 Theoretical Class consumer preferences and the concept of Utility. Chapter 3 BE
Week 2 Activity 1 In Behavioral Targeting Ads
Week 3 Theoretcal Class Consumer Choices Cap. 4 BE
Week 3 Activity 2: Part 1 Introduction to the Electricity Market: How is your energy consumption?
Week 4 Theoretical Class Theory of Demand: Income Effect, Replacement and Elasticity Chapter 5 BE.
Week 4 Activity 2: Part 2 The dynamics of the Electricity Market and the presentation of data.
Week 5 Theoretical Class Theory of Demand:. Continuing Chapter 5 BE
Week 5 Activity 2 Out How to estimate a demand function? An empirical demonstration.
Week 6 Theoretical Class Production Function & Production Cost Chapters 6, 7 and 8 BE
Week 6 Activity 3 Technical Visit
Week 7 Theoretical Class Profit Maximization. Chapter 9 BE
Week 7 Activity 4 Impacts of Technological Innovation in the Production Function)
Week 8 TEST 1
Week 9 Theoretical Class Perfect Competition: Government Intervention Chapter 10 BE.
Week 9 Activity 5 - Taxation in the state of São Paulo, presentation by the Audit Committee of SP State Revenue
Week 10 Theoretical Class Monopoly / Monopsony Chapter 11:12 BE
Week 10 Activity 5- Oil Industry
Week 11 Theoretical Class Price Discrimination
Monopolies
Chapter 11:12 BE
Week 11 technical visit
Week 12 Theoretical Class Game Theory Chapter 14 BE
Week 12 Activity 6 Prices of Oil and Gas in Brazil
Week 13 Theoretical Class Game Theory Chapter 14 BE
Week 13 Activity 6 Game Theory
Week 14 Lecture Theoretical Market Failures:. Externality and public goods Chapter 17 BE
Week 14 Activity 7 Work Summary
Week 15 Lecture Theoretical Market failures: externality and public goods Chapter 17 BE.
Week 15 Delivery of Final Work
Week 16 TEST 2
Week 16 TEST 3

Bibliography
LITERATURA BÁSICA
BESANKO, D; BRAEUTIGAM, R. Microeconomics. 5th edition, 2014.
SNYDER, C.; NICHOLSON, W. Microeconomic Theory: basic principles and extension. South-Western Cengage learning. 2012.
LITERATURA COMPLEMENTAR
BINMORE, K. Playing for Real: A Text on Game Theory. Oxford University Press, 2007.
McKENZIE, R; LEE, D. Microeconomics for MBA's. 2nd edition, 2010.
NICHOLSON, W; SNYDER, C. Intermediate Microeconomics and Its Application. 11th edition, 2010.
PINDYCK, R; RUBINFELD, D. Microeconomics. 8th edition, 2013.
VARIAN, H. Intermediate Microeconomics: A Modern Approach. 8th edition, 2010.