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Course Details

Fall 2018-2019
* ECO 326 (SA)   na, npdf

Economics of the Internet: The Digital Revolution

Swati Bhatt

Using applied microeconomic theory and case studies, this course examines the impact of digital communications technology (DCT) on markets. DCT has enabled connections between markets, so that information is instantly, continuously and ubiquitously available. We will study the economics of networked markets, whose drivers are connectivity and big data. Is the Internet eliminating intermediaries? Is there more granularity of economic agents? Has the concept of time changed? Topics will include social networks, privacy, security and innovation.

Sample reading list:
Easley, David and Jon Kleinberg, Networks, Crowds and Markets
Schmidt, Eric and Jared Cohen, The New Digital Age: Reshaping The Future of People
Dixit, Avinash, Microeconomics: A Very Short Introduction

Reading/Writing assignments:
50 pages.

Take Home Final Exam - 40%
Class/Precept Participation - 30%
Problem set(s) - 30%

Other Requirements:
Not Open to First Year Undergraduates.

Prerequisites and Restrictions:
ECO 300 or ECO 310 or permission of instructor.

Schedule/Classroom assignment:

Class numberSectionTimeDaysRoomEnrollmentStatus
23432 L01 03:00:00 pm - 04:20:00 pm T Th   Julis Romo Rabinowitz Building   A17   Enrolled:39 Limit:60
23433 P99 TBA        Enrolled:0 Limit:0 Canceled