Introduction to the Digital Economy

Catalog description

This is an introductory undergraduate course on the digital economy. Our two main goals are (a) to understand how people and companies interact in digital markets and (b) to understand how digital markets should be designed and regulated. We analyze some key features that are prevalent in digital markets, including price discrimination, network effects, two-sided markets, search and matching, reputation systems, and the use of data. We also zoom in on individual markets, such as e-commerce, media platforms, and the gig economy.