Apr 20, 2021  
Graduate Record 2013-2014 
Graduate Record 2013-2014 [ARCHIVED RECORD]

SYS 5044 - Economics of Engineering

This course is an introduction to the theory of the industrial organization (from a game-theoretic perspective) and its applications to industries with strong engineering content (electricity, telecommunications, software and hardware, etc.). Topics include: congestion pricing in networks, pricing and efficiency in electricity markets, planned obsolescence in software development, “networks” effects and the dynamics of technology adoption. Prerequisite: ECON 2010, APMA 3100 or 3110.

Credits: 3