Modul
Network Economics [M-WIWI-101406]
Credits
9Recurrence
Jedes SemesterDuration
1 SemesterLanguage
German/EnglishLevel
4Version
3Responsible
Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
Part of
Bricks
Identifier | Name | LP |
---|---|---|
T-WIWI-102609 | Advanced Topics in Economic Theory | 4.5 |
T-WIWI-102713 | Telecommunication and Internet Economics | 4.5 |
T-WIWI-102712 | Regulation Theory and Practice | 4.5 |
T-WIWI-100005 | Competition in Networks | 4.5 |
T-WIWI-100007 | Transport Economics | 4.5 |
T-WIWI-113147 | Telecommunications and Internet – Economics and Policy | 4.5 |
Competence Certificate
The assessment is carried out as partial exams (according to Section 4(2), 1 or 2 of the examination regulation) of the single courses of this module, whose sum of credits must meet the minimum requirement of credits of this module.
The exams are offered at the beginning of the recess period about the subject matter of the latest held lecture. Re-examinations are offered at every ordinary examination date. The assessment procedures are described for each course of the module separately.
The overall grade for the module is the average of the grades for each course weighted by the credits and truncated after the first decimal.
Competence Goal
The students
- have acquired the basic knowledge for a future job in a network company or in a regulatory agency, ministry etc.
- recognize the specific characterizations of network sectors, know fundamental methods for an economic analysis of network sectors and recognize the interfaces for an interdisciplinary cooperation of economists, engineers and lawyers
- understand the interactions between infrastructures, control systems, and the users of networks, especially concerning their implications on investments, price setting and competitive behavior, and they can model or simulate exemplary applications
- can assess the necessity of regulation of natural monopolies and identify regulatory measures that are important for networks.
Prerequisites
None
Content
The module is concerned with network or infrastructure industries in the economy, e.g. telecommunication, traffic and energy sectors. These sectors are characterized by close interdependencies of operators and users of infrastructure as well as on states. States intervene in various forms, by the public and regulation authorities, due to the importance of network industries and due to limited abilities of markets to work properly in these industries. The students are supposed to develop a broad knowledge of these sectors and of the political options available.
Recommendation
Basics of microeconomics obtained within the undergraduate programme (B.Sc) of economics are required.
Workload
The total workload for this module is approximately 270 hours. For further information see German version.