Course Announcment - Telecom

Telecommunications T532
Economics of Media Industries
Section 28388

Prof. David Waterman
Tuesday and Thursday, 1-2:15 pm
RTV 169________________________________________

We apply microeconomic principles to understand how consumer demand, technology, and government policies interact to affect the market structure and business strategies of media firms and organizations—and ultimately, the availability, prices, diversity, and content of media products. A variety of industries are covered, including Internet content providers, print, motion pictures, cable and other multi-channel video distribution systems.

One goal of the course is to provide you with a basis for evaluating public policy issues in the media. Understanding economic incentives and the market process is often critical for determining whether regulations or other government policies toward media are likely to work or not. Another goal is to provide you with a foundation for determining which competitive strategies of media firms and organizations are likely to be most successful

There is no prerequisite for the course. We will develop the economic models and concepts that we need in the class.

For additional information, please contact Prof. David Waterman, Dept. of Telecommunications; 5-6170 or waterman@indiana.edu Webpage: http://www.indiana.edu/~telecom/faculty/waterman.html.