Apr 19, 2024  
Undergraduate Record 2017-2018 
    
Undergraduate Record 2017-2018 [ARCHIVED RECORD]

SYS 4044 - Economics of Engineering Systems


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 & hardware etc.) Topics include: congestion pricing in networks, pricing and efficiency in electricity markets, planned obsolescence in software development, “network” effects and the dynamics of technology adoption etc. Prerequisites: ECON 2010 and APMA 3100 or APMA 3110



Credits: 3