Course description
The course discusses a number of issues related to the most dynamic transformation processes on the markets. These processes change the nature and structure of markets, producers and consumers, as well as regulation of the industries undergoing such transformation. According to this the course logically consists of several parts. The first considers redefinition of commodities and markets, describes new intermediaries — digital platforms — that might evolve into ecosystems. New business models and potential place for consumers and supplies within these models are discussed.
The second part of the course covers all these issues from the regulatory perspective. General approaches to regulation are discussed first, and then some specific cases are considered from the point of view of regulatory responses. Since regulation of digital platforms\ecosystems is presently developing, it is important to show the students the essence of the processes at the level of concepts as this allow for combining various regulatory measures and forecasting the results from their application. To provide the full context to the problems discussed the second part of the course has also two parts, considering specifics of platform economics in Russia as well as in main foreign jurisdictions (US, China, EU).