- Code ECON8180
- Unit Value 6 units
This course involves on campus teaching. For students unable to come to campus there will be a remote option. See the Class Summary for more details.
The Internet is transforming many aspects of economic life, from the online purchasing and selling of goods and services, to new ways of (peer) producing information goods such as open source software, currencies (e.g. Bitcoin) and user-generated content in online social networks. This course shows how the tools of economics can further our understanding of online behaviour, and also how economics can contribute to the future development of the Internet. The course also demonstrates how data from the Internet are being used to answer important long-standing research questions in economics.
Upon successful completion, students will have the knowledge and skills to:Upon successful completion of this course, students will have the knowledge and skills to:
1. Use tools of economics to analyse online economic behaviour (buying, selling and producing).
2. Identify which assumptions, theory and methods used by economists to study the offline world can also be used to study online behaviour (and how they may need to be modified).
3. Understand the sources and use of data for empirical analysis of online economic behaviour, and be able to independently find such data.
4. Analyse challenges of the Digital Age and assess a contribution of economics to the future development of the Internet.
- Online quizzes (20%)
- Written assignment (30%)
- Final exam (50%)
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Workload2 hours of lectures + 1 hour of tutorial + 7 hours private study
Requisite and Incompatibility
- Peitz, M. and J. Waldfogel (2012): The Oxford Handbook of the Digital Economy, Oxford University Press.
- Goldfarb, A., Greenstein, S. and C. Tucker (2015): Economic Analysis of the Digital Economy, University of Chicago Press.
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
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- Unit value:
- 6 units
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