Course Overview

This module analyses competition on network markets with tools of industrial economics. Topics are, complementarities, compatibility, network externalities, switching costs etc. Focus on hardware and software industry, telecommunication, informational goods, bank networks, etc. The focus is on the hardware and software industry, telecommunication, informational goods, bank networks, etc. Previous knowledge in industrial organization is helpful, but not a prerequisite, since we will briefly review the main concepts.

Learning Achievement

Qualification targets: The students should obtain a sound knowledge in network economics that allows them to read and understand original papers in the modern literature Imparted soft skills: Analytical thinking, Independent studying and learning, Critical thinking

Competence

Course prerequisites

Good knowledge of Microeconomics and Mathematics. Good knowledge of the Medium of instruction English.

Grading Philosophy

100 % Written exam (90 min)

Course schedule

Week1: Introduction Week2: followed by Week3 to the Final Week

Course type

Online Course Requirement

Instructor

Prof. Dr. Julio Robledo del Prado

Other information

a) Lecture b) Tutorial Learning material and relevant literature: Oz Shy (2001) The Economics of Network Industries, Cambridge University Press

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