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Network Economics and Finance 1 introduces students to the fundamental theoretical framework and tools used by economists to examine decision making under scarcity. The course comprises five parts. Part I reviews mathematical economics and introduces game theory. Parts II and III examine consumer choice and firm supply, respectively. These two aspects of the market are brought together in Part IV to examine how price and output are determined in both competitive and imperfectly competitive markets. Part V introduces financial economics, network effects and public goods.
Part I: Introduction, Mathematics & game theory
Part II: Consumers
Part III: Firms
Part IV: Competition
Part V: Extra topics (intro to financial economics, network effects & public goods)
Learn and apply the basic tools used by economists to understand how agents interact with one another, how they make optimal decisions, and how markets are organized.
Become comfortable using diagrams, algebra, calculus and other mathematical concepts to develop economic models for use in an applied setting.
Develop oral and written communication skills with classroom interaction, homework assignments and examinations.
Use theory and intuition to explain some of the economic behaviour observed in networks and telecommunication markets.
Provide a foundation for more advanced ITP courses such as TLEN5240 Law & Regulation and TLEN 5020 Network Economics & Finance 2.
If a proctor is indicated as “required” above, you will need an appropriate person to proctor exams/quizzes for the course. Examples of an appropriate person to proctor your exams/quizzes are your supervisor/manager, an education/training or personnel official in your company, or a librarian. The proctor may not be a friend, relative, or co-worker. The proctor’s address must be a business address. More detailed information about proctors is available on our Exam/Quiz Proctor page.
For those able to come to campus, CAETE provides free proctoring services.
Contact us at 303-492-6331 or firstname.lastname@example.org to schedule a test appointment or if you have questions.
Nicholson and Snyder, Microeconomics and Its Applications, 10th edition, 2007, South-Western, Mason, Ohio, ISBN: 978-0-324-31969-9.
Meeting Days Legend: Monday (M), Tuesday (T), Wednesday (W), Thursday (R), Friday (F), Saturday (S), Sunday (U)
Summer Terms: M = Maymester, A = 1st 5 weeks, B= 2nd 5 weeks, C = 8 weeks, D= 10 weeks
Refer to the Academic Calendar for specific dates.
|Fall 2014||09:30 AM - 10:45 AM||TR||ECCS 1B12||Savage, S|
|Fall 2013||05:30 PM - 06:45 PM||MW||FLMG 154||Savage, S|
|Fall 2012||11:00 AM - 12:15 PM||TR||FLMG 154||Savage, S|
|Fall 2011||11:00 AM - 12:15 PM||TR||FLMG 102||Savage, S|
|Fall 2010||06:30 PM - 09:00 PM||M||ECCS 1B28||Taschdjian, M|