A plethora of packages from online retailer, Amazon.com were delivered to an office. (Image courtesy of Public.Resource.org on Flickr. License: CC BY.)
Instructor(s)
Dr. Sara Ellison
MIT Course Number
14.27
As Taught In
Fall 2014
Level
Undergraduate
Course Description
Course Features
Course Description
This course uses theoretical models and empirical studies to help understand the economics behind various internet businesses. We will begin with a discussion of relevant topics from industrial organization (IO) including monopoly pricing, price discrimination, product differentiation, and barriers to entry. The main part of the course will be a discussion of a number of online businesses. In the context of those businesses, we will discuss extensions and applications of the ideas from the first section of the course.
