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Course title |
The Economics of Networks |
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Semester |
110-2 |
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Designated for |
COLLEGE OF SOCIAL SCIENCES GRADUATE INSTITUTE OF ECONOMICS |
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Instructor |
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Curriculum Number |
ECON5150 |
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Curriculum Identity Number |
323 U1730 |
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Class |
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Credits |
2.0 |
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Full/Half
Yr. |
Half |
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Required/
Elective |
Elective |
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Time |
Tuesday 6,7(13:20~15:10) |
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Remarks |
Restriction: juniors and beyond OR Restriction: MA students and beyond OR Restriction: Ph. D students
The upper limit of the number of students: 20. |
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Ceiba Web Server |
http://ceiba.ntu.edu.tw/1102ECON5150_ |
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Course introduction video |
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Table of Core Capabilities and Curriculum Planning |
Table of Core Capabilities and Curriculum Planning |
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Course Syllabus
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Please respect the intellectual property rights of others and do not copy any of the course information without permission
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Course Description |
Social networks provide opportunities for individuals in spreading information, such as the experience sharing of a new product. They facilitate the job search, such as the referrals are often used in the process matching labors and firms. They also influence the collective actions, as we may influence our friends’ political inclinations as well as their voting behaviors. This course provides several game-theoretic models that intends to understand the interaction between social networks and economic behaviors.
This course is theory-based. The students are required to acknowledge basic game theory. |
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Course Objective |
Course Objective:
This course aims at undergraduate students and to provide a game-theoretic overview on social networks in the disciplines of economics. We will learn the basic tools in analyzing the interaction between social networks and economic behavior. The topics will cover game theory, basic definitions in graph theory, social learning, local public good, collective actions, and network formation.
Week 1: Introduction
Week 2: Elements of graph theory
• Ch.2 of (SEN)
• Ch.10 of (NCM)
• Ch.1 to Ch.3 of Graph Theory and Its Applications by J.L. Gross and J. Yellen 2006, Chapman and Hall CRC
Week 3: Games on networks
• Ch.3 of (C)
• Bramoulle, Y. and R. Kranton 2007, Local Public Goods in Networks, Journal of
Economic Theory
Week 4: Coordination game
• Ch.4 of (C)
Week 5: Social Learning
• Ch.5 of (C)
• Bala, V. and S. Goyal 1998, learning from neighbors, The Review of Economic Studies
Week 6: Labor Market
• Ch.6 of (C)
• Calvu-Armengol, A. and M.O. Jackson 2004, The Effects of Social Networks on Em-
ployment and Inequality, American Economic Review
Week 7: Network formation
• Ch.7 of (C)
• Ch.5 of (SEN)
Week 8: Student project proposal
Week 9: Network formation
• Ch.8 of (C)
Week 10: Student Presentation
Week 11: Student Presentation
Week 12: Student Presentation
Week 13: Student Presentation
Week 14: Student Presentation
Week 15: Student Presentation
Week 16: Final-term report (No class) |
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Course Requirement |
Grading:
Final term paper 40%
Student presentation 40%
Participation 20%
Requirements for students after the class:
The final term paper will be either (1) a summary of a selected paper or (2) a proposal for the future research. In the student presentation session, students are required to present a selected paper. |
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Student Workload (expected study time outside of class per week) |
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Office Hours |
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References |
(C) Connections: An Introduction to The Economics of Networks by Sanjeev Goyal.
(ISSS) Individual Strategy and Social Structure by H. Peyton Young
(SEN) Social and Economic Networks by M.O. Jackson |
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Designated reading |
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Grading |
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