Undergraduate Course: Economics of Technical Change (ECNM10008)
Course Outline
| School | School of Economics |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The aim of this course is to provide an understanding of the role of technical change, and innovation more broadly, in the process of economic change. |
| Course description |
Particular attention may be paid to the following topics: the contribution of Joseph Schumpeter; the evolutionary/institutional approach to economic change; theory of the firm and learning; clusters, industrial districts, innovation and international competitiveness; the evolution of the telecoms industry in the Internet age; innovation systems; R&D decision-making.
The course is taught through a programme of lectures.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
Students MUST have passed:
Economics 2 (ECNM08006)
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | Visiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in both Macroeconomics and Microeconomics. We will only consider University/College level courses. |
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- A knowledge and understanding of key issues in the analysis of technical change and innovation, including, principles and evolutionary models, along with applications and policy implications of those models and a deeper understanding of recent research activity in some more specialised areas.
- Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
- Communication skills in order to critique, create and communicate understanding.
- Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
- Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative analysis and general IT literacy.
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Reading List
| There is no single text that covers all aspects of this course at an appropriate level. A variety of advanced readings will be used, mainly from economics journals. |
Additional Information
| Graduate Attributes and Skills |
See Learning Outcomes |
| Keywords | EofTC |
Contacts
| Course organiser | Prof Martin Fransman
Tel: (0131 6)50 4060
Email: |
Course secretary | Ms Dawn Everett
Tel: (0131 6)51 5958
Email: |
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