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:

WhatsApp and TikTok 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 both online and offline. Offline examples range from ancient marriage networks to R&D collaborations between firms. The analysis of social networks has become one of the liveliest fields of research in economics, as well as in other (social) sciences. This course gives an introduction into this field and thereby puts emphasis on economic models of network formation.