AØKA08080U  Telecommunications Economics

Volume 2013/2014
Education
BSc in Economics
MSc in Economics
Content
Supply and demand of telecommunication services: Fixed and mobile telephony, Internet, Cable TV, satellites etc. Prices, cost and investments. Business structure (vertical and horizontal mergers, globalisation). Regulatory policy. Interconnection and competition in the sector. Prices for interconnect. LRAIC models. UMTS auctions. Telecommunication policy and relationships between the telecommunication sector, the rest of the economy and the general society. Development for the Internet, E-trade, the broadband society etc. Relationships with IT and media.
Learning Outcome

To obtain the highest grades in the assessments of examination in 'Tele¬communications Economics' the following general criteria shall be met:

The student shall

  • demonstrate knowledge of all relevant concepts and factual items regarding the questions raised and of the relationships be¬tween these
  • be able to design an analysis to give a thoroughly description of the problem and find possible solutions to the questions raised
  • give a survey of the relevant economic issues regarding the que¬stions raised
  • explain constraints and uncertainties in the presented solutions, often in the form of trade-offs between different objectives.

As more concrete criteria - depending on the actual questions raised in the examination - the following shall be demonstrated:

Knowledge of

  • the main trends and relationships in the ICT sectors (ICT=Information and Communication Technology) regarding de¬mand, supply, prices, market players, technical solutions, regulation etc.
  • the main economic and technical concepts and items used in the ICT sectors, especially for telecommunication, the Internet and supply of radio and TV channels.


The minimum criteria for passing the examination.

The student shall demonstrate knowledge of

  • the most important concepts and factual items that are relevant for answering the questions raised 
  • the most relevant trends and relationships in the ICT sectors
  • the possibilities and limitations of the use of relevant economic analy¬ses

Acceptance of a limited amount of small and medium failures in the analysis presented, but normally no major failures can be accepted

Syllabus (Draft)

Spulber and Yoo: “Networks in Telecommunications”. Cambridge, University Press, 2009. Page 13 – 151. 139 pages.
http:/​/​ep.fjernadgang.kb.dk/​login?url=http:/​/​dx.doi.org/​10.1017/​CBO9780511811883 (use the link ‘read pdf’)

 Kelly and Rossotto: “Broadband Strategies Handbook”. The World Bank and infoDev, 2012. Page 1 – 87 and 195 – 243. Total 136 pages.

http:/​/​broadbandtoolkit.org/​Custom/​Core/​Documents/​Broadband%20Strategies%20Handbook.pdf

 Blackman and Srivastava: “Telecommunications Regulation Handbook – Tenth Anniversary Edition!”. The World Bank and infoDev, 2011. Ch. 1 + 2 (page 3 – 59), section 3.4.1 (page 66), section 3.4.6 (page 72-75), section 3.7.2 (page 85-86), section 3.8 (page 86-89), ch. 4.1 - 4.4 (page 93 – 107), ch. 4.6 (111 – 115), and ch. 5 -7 (page 119 – 223). Total 192 pages.

http:/​/​www.infodev.org/​en/​Publication.1057.html

In addition to this a number of Articles which can be seen on the website of the course.

Total about 821 pages incl. articles etc.

3 hours of lectures per week for 14 weeks.
Credit
7,5 ECTS
Type of assessment
Written examination, 3 hours under invigilation
A 3 hours written examination taking place at Peter Bangs Vej 36.
Aid
Without aids
Marking scale
7-point grading scale
Censorship form
External censorship
20 % censurship
Exam period
Will be updated before the start of the semester
Re-exam
Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The Student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 161
  • Exam
  • 3
  • Total
  • 206