Digital Economics: The Commerce of Information in the 21st Century

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Digital Economics is an innovative anthology that explores the intersection of economics and the digital reality of everyday life. Through a collection of carefully curated readings, the volume examines the impact of consumer information, e-commerce, and information and communication technology on the economy and our modern, information-fueled society.

The text features three distinct units. Unit I focuses on the nature of information in the digital economy, the unique properties of information goods, and the market structures of information producers. In Unit II, students read articles centered about the role of product versioning and the kinds of business models most often found in the information marketplace. The final unit examines recent developments in digital economics, namely Bitcoin and blockchain, demonstrating how the field continues to evolve and where it may go in the future. Each unit is supplemented with post-reading questions to encourage critical thinking and reinforce learnings.

A timely resource that fills a gap in current literature in the discipline, Digital Economics is an ideal text for courses in digital commerce and modern economics.