Summer 2013 not offered
The invention of digital music brought rapid changes to the music industry, challenging its previous model of operation and forcing adaptation. Using the tools of economic analysis, this course will examine the historic and current structure of the music industry. Basic economic principles from introductory microeconomics, industrial organization and game theory will be used to examine various aspects of the music industry including: supply and demand, compliments and substitutes, price discrimination, product differentiation, game theory and economics of organization.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Graded|
||Fulfills a Major Requirement for: None
|Examination and Assignments: |
Regular homework assignments (problems or short papers) and quizzes; two midterm exams; a final exam.
|Additional Requirements and/or Comments: |
Regular attendance and class participation.