Economics of Cybersecurity

Read the course description below to learn how this course will be taught.

Class Unique: 29235

This is a Business School course, cross-listed with the Law School. Contact the Business School if you have questions about how the course will be taught.

This course examines the Economics of Cyber Security via the tools found in Game Theory. This course studies economic ideas (the study of scarce resources) to understand the behavioral consequences of policy changes within Cyberspace. We will also analyze policies to determine the extent to which they meet the social goal of efficiency.

Economics of Cyber Security is a very broad field with many researchers from diverse disciplines. The main topics covered in this course will be:

  • Vulnerability Disclosure
  • Incentive Problems
  • Privacy
  • Ransomware
  • DDOS Attacks
  • Cryptocurrencies

At the end of this class you as the student should be able to do the following:

  • Understand basic concepts of information security.
  • Demonstrate an understanding of basic economic modeling and economic thought.
  • Clearly define an argument and, using economics, logically defend your argument.
  • Read and analyze a journal argument for the way it’s written and its structure (intro, findings, etc.).

Class Details

Meeting Days Time Location
Monday, Wednesday 9:30 - 11:00 am RRH 3.406

Examination information not available

Additional Information

Course Type
Grading Method
Pass/Fail Allowed
Will not use floating mean GPA


  • The Law and Economics of Cybersecurity
      Cambridge University Press
      ISBN: 978-0-521-85527-3   (optional)
  • Cyber Security : Economic Strategies and Public Policy Alternatives - Gallaher, Michael P., Link, Albert N., Rowe, Brent, and Rowe, Brent R.
      Elgar Publishing, Incorporated, Edward
      ISBN: 978-1-84720-355-7   (optional)