COURSE UNIT TITLE

Offered By

Economics (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

Economics (English)

Course Objective

This course aims to provide students the basic topics of economics of technological change, with a special emphasis on issues related to economic change and innovation dynamics in the world economy. The topics introduced are the ways economists measure technological change; the microeconomic foundations of technological change and innovation; the implications of technological progress and innovation for the firm decision making; the impact of technology on growth and economic performance; and technology policymaking in governments and international organizations.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

1. Hall, P. (1994), Innovation, Economics & Evolution, Harvester Wheatsheaf, UK, First Edition.
2. Freeman, C. and L. Soete (1997), The Economics of Industrial Innovation, Routledge Taylor & Francis Group, UK, Third Edition.
3. Verspagen, B., 2005, The Economics of technological change, manuscript.
4. Lecture Notes

Planned Learning Activities and Teaching Methods

1. Lectures
2. Reading
3. Research paper
4. Presentation

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define basic concepts used in economics of innovation.
2. The learner will use necessary microeconomic theory concepts to evaluate different implications of innovation process on consumer and firm decisions.
3. The learner will evaluate different innovation and technology policy implications.
4. The learner will use necessary numerical and mathematical methods to find the optimization decision of innovation introducing firms.
5. The learner will use necessary numerical and mathematical methods to analyze descriptive statistics of different industrial sector and country profiles.
6. The learner will make research about a specific topic and present it in line with economics of innovation and technology terminology.

Term projects will be related to the historical/ current economic events.
a) The student will choose a topic or the instructor will assign the term project topic to the student.
b) Term projects will be assessed on 1) organization, 2) content, 3) clarity.
Criteria 1 and 2 are 80 per cent of the total term project grade and criteria 3 is 20 per cent of the total term project grade.
(1) The students who evaluate the topic in a logical sequence with all the required information and cite the references will get 100% (Excellent). The students who evaluate the topic in a logical sequence with all the required information but do not cite the references will get 80% (Very good). The students who evaluate the topic in a logical sequence with missing required information and do not cite the references will get 60% (Good). The students who evaluate the topic but do not have a logical sequence and do not cite the references will get 40% (Fair). The students who evaluate an irrelevant topic with no references will get 0% (Poor).
(2) The students who lay out the topic well, and establish a framework for the rest of the term project, include accurate information with a conclusion summarizing the term project will get 100% (Excellent). The students who lay out the topic well, and establish a framework for the rest of the term project, include accurate information but do not summarize the term project with a conclusion will get 80% (Very good). The students who lay out the topic well, include accurate information but do not summarize the term project with a conclusion will get 60% (Good). The students who lay out the topic well but fail to provide accurate information and do not summarize the term project with a conclusion will get 40% (Fair). The students who fail to lay out the topic well, lack accurate information and do not summarize the term project with a conclusion will get 0% (Poor).
(3) The students who clarify their research question well, have good language skills and can explain the subject clearly will get 100% (Excellent). The students who clarify their research question well, have enough language skills and can explain the subject quite clearly will get 80% (Very good). The students who clarify their research question well, have enough language skills, but cannot explain the subject clearly will get 60% (Good). The students who cannot clarify their research question well, have poor language skills and can partially explain the subject will get 40% (Fair). The students who cannot clarify their research question well, have poor language skills and can poorly explain the subject will get 0% (Poor).

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes