This course explores how social media platforms such as Facebook, Twitter, TikTok, Instagram, and others create value for users and the broader public. By applying frameworks from economics, sociology, and management, students will gain a deep understanding of the mechanisms driving platform growth, user engagement, and monetization.
The course is structured into two parts. The first part introduces key theories from economic, sociological, and managerial literature to explain how social media platforms generate value for their users and stakeholders, analyzing why platforms that once dominated, such as Facebook, are losing ground to newer alternatives like Instagram or TikTok, despite offering similar functionalities.
The second part examines both positive and negative societal impacts of social media, including their use as essential infrastructures during crises and natural disasters, and critical issues such as privacy, misinformation, community building, and threats to democratic processes, illustrated vividly by cases like Cambridge Analytica.
Throughout the course, students will select a social media platform of interest and apply learned frameworks to conduct their own analysis, critically evaluating platform success factors, user growth or decline, and the broader societal trends shaped by these platforms.
By the end of the course, students will be able to answer questions such as:
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Why is Facebook losing users while TikTok is rapidly gaining popularity?
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What factors drive the success or failure of social media platforms?
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How will social media platforms evolve in the coming years?
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Why are certain governments banning platforms like TikTok but not Facebook?
This course empowers students to critically assess and consciously use social media, equipping them to contribute positively to social and democratic progress.