Communications Service and Policy
Spring 2023
MW 13:00-14:15

Course Outline: This course provides an overview of communication and Internet service, economics and policy. The goal is to cover the history of telecommunications, regulation and competition in telecommunication industry, access/interconnection pricing and international settlements. The Internet economics and the pricing the Internet and information goods and services are also covered.

Professor

         Dr. Chae Young Lee
         Phone: (042) 350-2916
         Office: Room 4208 at E2-1
         Office hours: M W 14:15-15:30

Teaching Assistant

Grading

        Homework (20%)
        Class Activity (20%)
        Mid-terms (30%): 4/12
        Final (30%) Date: 6/7

Schedule

Date	Topic	Reading Assignment
2/27	History of International Telecommunications and ITU	Class Notes
3/6	Pre Divestiture Telecommunication Policy and Operations Regulated Monopoly: The Communication Act of 1934	Chap. 4
3/8, 13	The Development of Competition: The Consent Decree of 1956 Competition in Terminal Equipment, Antitrust and Divestiture	Chap. 5 Chap. 6 Chap. 9 Chap.12
3/15	Telecommunications Regulation and Economics	Class Notes
3/20	Pricie Regulation	Chap. 3*
3/22	Pricing and Costing for Final Product	Chap. 4, 5, 6*
3/27	Interconnection and Long Distance Competition	Chap. 8
3/29	Access Charges	Chap. 10
4/3	Local Competition and Interconnection	Chap. 13
4/5	Interconnection Pricing	Chap. 7*
4/9	Fixed and Mobile Network Interconnection	Class Notes
4/12	Exam 1
4/24	Telecommunication Act of 1996: A Paradigm of Deregulation	Class Notes
4/26	The Internet and its policy implications	Class Notes
5/1	Internet Economics	Class Notes
5/3	Information, Internet, and Economic Activity	Class Notes
5/8, 10	Market Structure and Firm Behavior	Class Notes
5/15	Pricing Internet Access and Use	Class Notes
5/17, 22	Dynamic Pricing and E-commerce	Class Notes
5/24	Consumer's Search for Information	Class Notes
5/29	Switching cost and Luck-in	Class Notes
5/31	SNS and Social Commerce	Class Notes
6/5	Social Networks in Economics	Class Notes
6/7	Final Exam

References

           Telecommunication Policy for the Information Age,
              by Gerald W. Brock, Harvard University Press, 1994.

          * Toward Competition in Local Telephony,
              by W. J. Baumol and J. G. Sidak, The MIT Press, 1994.