University of California, Los Angeles 4 credits Economics
Lecture, three hours. Requisites: courses 201A, 201B, 201C, or equivalents. Networks play an important role in economics, determining the diffusion of innovations, network effects, and trade patterns. Covers ways to generate and describe networks. Study of diffusion, contagion, and learning processes on networks; games with network effects; financial networks; trade networks; and supply chain networks. Part of economic theory sequence for second-year PhD students, with material relevant in other fields of economics such as macroeconomics, trade, labor, and development, and other disciplines such as business, communications, computer science, and mathematics. S/U or letter grading.
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