SYS 4044
Economics of Engineering Systems
Course Description
Pre-Requisite(s):
ECON 2010 and a course in probability (either APMA 3100, APMA 3110, or Math 3100)
"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. "
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