Digital Markets (6 cr)

Code:
ECON-C5100
Field:
Microeconomics
Target:
Bachelor's students
Organiser:
Aalto University
Instructor:
Iivo Vehviläinen
Period:
Period 1
Format:
Lecture
Method:
Contact teaching
Venue:
Otaniemi

In case of conflicting information consider the Sisu/MyCourses pages the primary source of information.

Economic approch for analyzing strategic interactions between firms, basic workhorse models of competition, introduction to auction theory with emphasis on online advertisement auctions, and preliminaries of network effects and platform economics. Practical applications are used to illustrate how digital and online markets are different, what economic theories are behind successful online platforms and where policy interventions might be required.

  • Completion method: contact teaching
  • Schedule: can be found in Sisu
  • Study materials: can be found in MyCourses
    • To access the course workspace, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Aalto's Sisu and logged in as an Aalto user with your Aalto IT account (which is generated after you have been granted study rights).
    • Workspaces for some courses are open access, but please note the above.
    • For more tips on how to register for a MyCourses course area, click here.

Please register for the course in the Aalto Sisu with your Aalto username. Further instructions can be found here.

Aalto University Students
  • Code: ECON-C5100

  • Target groups: BSc

  • Credit points: 6

Hanken Students
  • Code: no equivalent code

  • Target groups: BSc

  • Credit points: 6

  • Credit transfer: apply for inclusion in Sisu

Further instructions can be found here.

University of Helsinki Students
  • Code: no equivalent code
  • Target groups: BSc
  • Credit points: 6
  • Credit transfer:
    • BSc economics students: please apply for substitution:
      • ECOK-275 TA5 Special Course in Economics Completed Elsewhere 1, 6 cr OR
      • ECOK-276 TA5 Special Course in Economics Completed Elsewhere 2, 6 cr
    • YET students: Before taking and completing this course make sure that the credits can be counted towards your degree by checking which courses are included in your curriculum or which courses could be substituted with the Aalto/Hanken courses. You can also contact your planning officer Simo Riikonen (firstname.lastname@helsinki.fi).

Further instructions can be found here.

At the end of the course the student has learned how economics can be used to understand and analyze firm decisions and strategies in modern market places, such as online and digital markets.