After attending this course, students will have learned about the particular dynamics underlying
Internet Economics, in particular:
• Price Differentiation
• Switching Cost and Lock-in
• Supply-side economics in high tech markets (and winner-takes-all phenomena)
• Network effects
• ‘Free’ business models and the importance of 2-sided markets
• The economics of search
• Collaborative consumption and creative commons
- IT Business Models
- IT Innovation Processes
In addition, this course fosters the following soft skills:
• Economic thinking about the economics of information markets
• Presentation skills
• Team skills
• Debating