Copyright © 1999 The Doonesbury Company

Professor:
Mark Walker ( mwalker@arizona.edu )
Office hours: 401G, Tuesday 2:00 to 3:00

Teaching Assistant:
Bill Janss ( wpjanss@u.arizona.edu )
Office hours: 401B, Tuesday and Wednesday, 10:00 to 10:50.

You can also make an appointment: use email to contact whichever one of us you want to see. Suggest two or three times that would be convenient for you. We'll usually get back to you very quickly.

Email: It's important that each student have an email account and check it regularly. If you don't have an email account now, you should open an account immediately.

Prerequisite: Economics 500.

We will use concepts and methods from microeconomics to analyze the Internet, electronic commerce, and other aspects of information technology.

What you should read:

• Information Rules, by C. Shapiro and H. Varian.
• As other readings are assigned, they'll be listed on the What's New page of this website.

Course Outline:

1. Introduction
2. Competitive Markets
3. Market Power, Oligopoly, and Monopoly
4. Information as a Commodity
5. Revenue Models and Pricing for Information Goods
6. Intellectual Property
7. Price Discrimination with Information Goods
8. Versioning and Bundling
9. Selling at a Posted Price
10. Auctions
11. Asymmetric Information, Lemons, and Reputation
12. Intermediaries and Disintermediation
13. Lock-In
14. Sell or Rent?
15. Durable Goods
16. Standards
17. Antitrust
18. The Microsoft Case