Students will:

a) learn how to describe and analyze social networks,

b) understand some of the most important ideas developed in network science,

c) analyze microeconomic models of network formation.


Course description:

Facebook and LinkedIn are two well-known examples of social networks. However, the importance of relationships is not restricted to the online world and, similarly, the term social networks includes various applications outside of online social networks; examples range from ancient marriage networks to R&D collaborations between rms. The analysis of social networks has become one of the liveliest elds of research in economics, as well as in other social sciences. This course gives an introduction into this eld and thereby puts emphasis on economic models of network formation.