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
- Lecture notes
- Assignments: problem sets with solutions
- Assignments: written with examples
- Exams and solutions
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.
