Provides an in-depth examination of the economic, legal, and institutional aspects of networks and competition policy. Applications to real-world issues and problems in a variety of industries (e.g., telecommunications, energy, transportation, internet) will be the major tool for developing course themes.

The course builds from the concepts covered in TLEN 5010. It begins with a discussion of the economics of networks, including network configurations, economies of scale and scope, and externalities. Coverage continues with an examination of various types of firm organization and market structures in network industries, including two major theories of competition involving networks--vertical access and system competition. Next we will take up competitive issues involving networks, particularly those revolving around ownership of a monopoly network or essential facility, foreclosure of competitors through denial of access to a network, strategic issues in compatibility and standard setting, and leveraging of market power to other levels within a network.

The course enables students to think analytically and critically about the multidisciplinary aspects of networks and competition policy in existing or restructuring network industries.

To understand the frontiers of financial analysis for project evaluations. It moves beyond static, present discounted value concepts the more dynamic analysis based on the real options approach, which accounts for uncertainty and for management's ability to change direction.

TLEN 5010 Network Economics 1.

Required

If an education officer (EO) is indicated as “required” above, you will need an EO to proctor exams for the course. An EO cannot be a student's relative, friend, coworker, or someone who works for the student. The EO address must be a business address. Provide, change, or update your EO information by completing the EO Information Update form. To ensure we have the most updated EO information, you must provide the EO information every semester – even if it is the same EO.

For those able to come to campus, CAETE provides free proctoring services. Contact us at 303-492-6331 or caete@colorado.edu to schedule an exam appointment.

If you have any questions regarding who qualifies to be an EO, see EO information or contact CAETE.