本课程采用理论模型研究“旧经济”中的产业，以帮助了解电子商务的发展及其未来。我们一开始将讨论相关的主题，包括了垄断定价、价格歧视、商品差异化、进入障碍、网络外部性、搜寻及先占优势。课程的大部分都会在讨论一些电子产业。在这个部分中我们将讨论本课程第一个部分里的概念的延伸与应用，找出与以往科技革命类似指出，并阅读现在的案例研究。最后，我们将讨论两个额外的主题：资产市场的泡沫与因特网的宏观经济学效果。

This course uses theoretical models and studies of "old economy" industries to help understand the growth and future of electronic commerce. We will begin with a discussion of relevant topics from industrial organization including monopoly pricing, price discrimination, product differentiation, barriers to entry, network externalities, search and first-mover advantages. The largest part of the course will be a discussion of a number of e-industries. In this section we'll discuss extensions and applications of the ideas from the first part of the course, draw analogies to previous technological revolutions and read current case studies. Finally, we'll discuss two additional topics: bubbles in asset markets and the macroeconomic effects of the Internet.